What to Do About Swelling U.S. Cash Piles
U.S. non-financial companies held a record $1.45 trillion in cash at the end of 2012, up 10 percent from the previous year, according to Moody’s Investors Service. Apple and a handful of other tech firms have raised the overall liquidity of public companies. The richest industries are technology, healthcare and pharmaceutical, energy and consumer products, according to Moody’s.