Detailed text transcripts for TV channel - CNN - 20170720:09:56:00
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...
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