Get your original paper written from scratch starting at just $10 per page with a plagiarism report and free revisions included!
Companies Are Hoarding Record Cash Amid Delta Fears
Summary:Companies are sitting on a record amount of cash amid lingering uncertainty about disruptions from Covid-19, defying expectations earlier this year that a waning pandemic would unleash a spending spree. Cash and short-term investments on corporate balance sheets globally are at an all-time high of $6.84 trillion. But global capital expenditures are expected to slow in the third quarter after a strong start to the year.