BUSINESS
08/20/2010 08:53 pm ET Updated May 25, 2011

CEOs Explain Why They're Not Hiring Despite Cash, Rising Profit

Corporate profits are soaring. Companies are sitting on billions of dollars of cash. And still, they've yet to amp up hiring or make major investments -- the missing ingredients for a strong economic recovery.

Many Democrats say the economy needs more stimulus. Business lobbyists and their Republican allies say it needs less regulation and lower taxes.

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