Coronavirus Shows Cash Is King, Even for Biggest U.S. Companies

After a decadelong U.S. economic expansion, not every company has entered this crisis with the same cash cushion. Apple Inc.

ended the year with $247 billion in cash, securities and account receivables, enough to run its operations for more than a year even if it didn’t cut costs or sell a single iPhone. Discount retailer Dollar...

GovAbbott Texas is closing out-patient clinics. Ordering a cease and desist order on out-patient services. People have other illnesses and diseases other than COVID19. Knew of someone who had pulmonary embolus. Needed treatment ASAP. There are other illnesses!

Perhaps it was a good idea after all that many corporations were staying very cash heavy.

Socialism for well-connected, overpriveleged sociopaths. 'Bootstraps' lectures for people who have to work to survive. Capitalism. Enjoy stimulusbill GeneralStrike

Maybe they should pull themselves up by their bootstraps then instead of waiting for handouts.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

One map shows how many coronavirus tests each US state has done so far - Business InsiderNew York and Washington, two of the epicenters of the US coronavirus outbreak, have tested higher shares of their populations than other states.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Huawei's shipment decline shows the coronavirus could change logistics - Business InsiderXiaomi overtook Huawei as the world's third-largest smartphone producer – showing the need for vendors in other markets to invest in logistics.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »