Jobless Recovery: Big Companies Hoarding $1.2 TRILLION In Cash, Still Slow To Hire

Jobless Recovery: Corporate Capital Rises, But Suffer With Corporate Cash Climbing to $1.19 Trillion

Feb. 11 (Bloomberg) -- A majority of companies in the Standard & Poor's 500 stock index increased cash to a combined $1.19 trillion while simultaneously reducing spending, keeping a jobs recovery on hold.

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