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Apple CEO Tim Cook (Photo: Justin Sullivan/Getty Images)

Apple plans to open a second corporate campus as part of a broader plan to "directly contribute" $350 billion to the U.S. economy over the next five years, a figure that doesn't include its regular taxes, tax revenue from the wages it plays employees or the sale of Apple products.

Why it matters: While it manufactures nearly all its products outside the U.S., Apple has been eager to show how much it contributes domestically including all the developers, Apple suppliers and contract manufacturers that are based here.

Here are some of the stats Apple is touting:

  • Apple expects to pay around $38 billion in repatriation taxes thanks to the new law (the largest such payment of its kind).
  • Apple expects to spend more than $30 billion in U.S. capital expenses over the next five years. (Over $10 billion will be in data centers.)
  • Apple is increasing the size of an advanced manufacturing fund to $5 billion from $1 billion.
  • Apple plans to create 20,000 new U.S. jobs on top of its 84,000 existing U.S. workers.

As for the new campus, Apple said it will initially handle technical support, with the location to be announced later this year.

Go deeper

North Carolina police pepper-spray protesters marching to the polls

Officers in North Carolina used pepper spray on protesters and arrested eight people at a get-out-the-vote rally at Alamance County’s courthouse Saturday during the final day of early voting, the City of Graham Police Department confirmed.

Driving the news: The peaceful "I Am Change" march to the polls was organized by Rev. Greg Drumwright, from the Citadel Church in Greensboro, N.C., and included a minute's silence for George Floyd. Melanie Mitchell told the News & Observer her daughters, age 5 and 11, were among those pepper-sprayed by police soon after.

Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Ipsos poll: COVID trick-or-treat — Study: Trump campaign rallies likely led to over 700 COVID-related deaths.
  2. World: Boris Johnson announces month-long COVID-19 lockdown in England — Greece tightens coronavirus restrictions as Europe cases spike — Austria reimposes coronavirus lockdowns amid surge of infections.
  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
  4. Technology: Fully at-home rapid COVID test to move forward.
  5. States: New York rolls out new testing requirements for visitors.
6 hours ago - Health

Boris Johnson announces month-long COVID-19 lockdown in England

Prime Minsiter Boris Johnson. Photo: NurPhoto / Getty Images

A new national lockdown will be imposed in England, Prime Minister Boris Johnson announced Saturday, as the number of COVID-19 cases in the country topped 1 million.

Details: Starting Thursday, people in England must stay at home, and bars and restaurants will close, except for takeout and deliveries. All non-essential retail will also be shuttered. Different households will be banned from mixing indoors. International travel, unless for business purposes, will be banned. The new measures will last through at least December 2.

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