464 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Let's take apple, microsoft and google. those three companies together have $464 billion sitting in savings accounts right now. they aren't spending that money. you will just add to that money and they won't create any jobs. they are not going to add any money to the economy. >> melissa: what's the difference between all the capital on the balance sheet and knowing they have lower taxes indefinitely going forward? how do corporations behave differently, john? >> i would like to respond to this. this illustrates why economic literacy is so important in these discussions. when these companies re...

Record highs for stocks. chafs expected. the profit growth was the best in years. expect more earnings today from e bay. they all report. apple, google and microsoft are sitting on $464 billion in cash. most of it is stashed overseas. apple alone holds $250 billion in cash. that's according to a new report. all told companies are hoarding 0% of that overseas of $1.84 trillion. which is why the trump administration proposes a one-time tax holiday to bring that cash home. it thoushows you how well they done in their business models in the financial recovery. united airlines is learning from it...