U.S. Companies

Apple Leads U.S. Companies Holding a Total of $1.64 Trillion in Cash

According to a new report by Bloomberg, U.S. companies outside of the finance industry are holding a record cash of $1.64 trillion, with Apple sitting at the top of the list whose cash pile surged to $158.8 billion at the end of 2013. The Cupertino giant now holds 9.7% of total corporate cash outside the financial industry,...