Apple pledges $1 billion towards U.S. manufacturing jobs


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Wednesday evening on CNBC's Mad Money show announced a the creation of a fund to develop domestic manufacturing jobs.

The Associated Press:

Apple CEO Tim Cook announced the fund during a Wednesday interview on CNBC's "Mad Money." Cook didn't provide additional details, such as how the company will direct that money.

He did say the fund will make its first investment by the end of this month.