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The new Austin campus marks a turnabout from Chief Executive Tim Cook’s earlier comments that Texas would be an unlikely choice for a new campus. “Apple is proud to bring new investment, jobs and opportunity to cities across the United States and to significantly deepen our quarter-century partnership with the city and people of Austin,” Cook said silver cufflinks tiffany uk online. Apple could be getting some incentives for the Austin expansion in the form of a $25 million grant from the Texas Enterprise Fund, a source familiar with the matter said..
The fund awards “deal closing grants” to companies looking at new projects in Texas, according to its web site. The Austin American-Statesman newspaper reported that Apple is also seeking a 15-year property tax abatement for the new campus and said the city did not provide incentives. Unlike tech rival Amazon, Apple did not hold a public bidding process to choose the site of its new campus. Amazon last month ended a more than year-long bidding war for a $5 billion second headquarters, splitting that investment between Long Island City in Queens, New York, and Arlington, Virginia, for offices that could each house 25,000 jobs silver cufflinks tiffany uk online.
Amazon’s plans for its New York City headquarters met with backlash from some city officials and state representatives due to the project’s large tax breaks and potential impact on the neighborhood’s infrastructure. Last year, Apple moved into its sleek “spaceship” campus in Cupertino that cost about $5 billion silver cufflinks tiffany uk online. The company has added 6,000 U.S. jobs this year and is on track to reach the goal it set out in January of adding 20,000 domestic jobs by 2023. Shares of Apple rose 1.3 percent to $171.43 in midday trading. They have tumbled more than 20 percent since Nov. 1, when Apple warned sales for the crucial holiday quarter would likely miss Wall Street expectations..
PARIS (Reuters) – Renault (RENA.PA) said on Thursday an audit launched in the wake of Chairman and CEO Carlos Ghosn’s arrest in Japan had so far found no irregularities with his pay at the French carmaker. Renault’s statement, issued after a five-hour board meeting, did little to resolve the standoff with alliance partner Nissan (7201.T), which accused Ghosn of far-reaching financial misconduct as it dismissed him as chairman last month. The Renault board also asked company lawyers to continue examining a dossier of allegations received from Nissan this week, it said in a statement silver cufflinks tiffany uk online.
But the “preliminary conclusion” of its own internal probe was that Ghosn’s Renault compensation was “in compliance with applicable law” and governance guidelines, Renault said. It made no comment on Nissan’s allegations. The boardroom crisis has shaken the Renault-Nissan-Mitsubishi alliance, with Nissan CEO Hiroto Saikawa calling for changes to weaken the French parent’s control. Ghosn was charged on Monday in Japan for failing to declare deferred income he had agreed to receive from Nissan, for the five years ending March 2015. While Nissan fired him days after his Nov silver cufflinks tiffany uk online. 19 arrest, Renault has resisted pressure to replace him permanently..