Six-hundred billion of the $1.24 trillion held by U.S. businesses is in overseas

American City Business Journals: Six-hundred billion of the $1.24 trillion held by U.S. businesses is in overseas accounts, a matter of debate in Washington over offering tax breaks to encourage repatriation of the money. Moody’s said the cash stash grew even though the amount spent on capital improvements, mergers and acquisitions and dividends increased. Moody’s … Continue reading Six-hundred billion of the $1.24 trillion held by U.S. businesses is in overseas