"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.World Economyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Traderead more
On Sunday, the 71st Primetime Emmy Awards will honor the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not to mention a number of trade pacts.Politicsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
In his new memoir, "The Ride of a Lifetime," Iger explains why he decided against the deal to buy Twitter.Technologyread more
In perhaps Buffett's first televised profile, he explained a method of investing that prioritizes bargains and makes use of an occasional baseball analogy.Marketsread more
Gluskin Sheff's David Rosenberg reinforces his recession forecast following the Federal Reserve's September meeting.Futures Nowread more
Apple, like fellow technology companies Facebook, Microsoft and Google, will build a data center near Waukee, Iowa, creating 50 permanent jobs, Iowa Lt. Gov. Adam Gregg said in an event broadcast by the Des Moines Register. More than 550 jobs will also be supported by construction, Apple said in a statement.
"Apple is going to continue to invest in that future, for Waukee, for Iowa and for America," Cook said.
It will get $208 million in state and local tax benefits, according to .
"Apple has been searching for the perfect location and I am so proud to say that they found it right here in Iowa," Iowa Gov. Kim Reynolds said, noting the state's educated workforce, stable climate and low-cost, renewable energy. "Iowa workers give companies a leg up at the start ... it is just a blessing to be in the heartland of America."
Silicon Valley CEOs have publicly prioritized creating tech jobs in America over the past year, with many trying to walk a delicate line to appease both supporters of President Donald Trump and Silicon Valley's more liberal workforce.
Apple told CNBC "" host Jim Cramer earlier this year that the company would create a to promote advanced manufacturing jobs in the United States. Cook reiterated that commitment on Thursday, noting that almost every Apple product includes parts made in America.
The 400,000-square-foot data center will "strengthen the relationships" in Iowa, where 30 Apple suppliers, including 3M and Qorvo, already operate, Cook said.
Reynolds on Thursday cited research that shows economic benefits from data centers. But a New York Times report last year chronicled the disappointment that many small towns felt when the construction boom faded.
The data center also ties in handily with Apple's plan to Apple already supports 10,000 jobs in Iowa, many of whom are developers, Cook said.
Apple said the new data center will support services like Siri, iMessage and Apple Music in North America. The facility will come online in 2020, Apple said.
"As the App Store grows, we look forward to growing in Iowa," Cook said, adding Apple wanted to "build a future for everyone."