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Apple Now Holds 10% Of All Corporate Cash: Moody?s

Maher and Grayson: GOP is just ?corporate shills, Jesus freaks and gun nuts?

Apple has nearly double the cash hoard of its next closest rival, since Microsoft has the second-largest cash stockpile at $77 billion. European Pressphoto Agency Apple Inc. now has 10% of nonfinancial corporate cash, according to an analysis by Moodys. The technology sector had the largest amounts of cash in its coffers, holding some $515 billion, followed by the health care and pharmaceuticals industries which held $146 billion in cash. Both of those industries often move intellectual property and drug patents to low tax jurisdictions, which lets earnings from those assets pile up offshore to avoid paying a U.S. tax rate of 35%.
For the original version including any supplementary images or video, visit http://blogs.wsj.com/cfo/2013/10/01/apple-now-holds-10-of-all-corporate-cash-moodys/

Why dont we leave there early? he said. Its still costing us a hundred billion dollars a year to be there. Why the EPA? Why is it always stuff like that? MSNBC reporter Suzy Khimm that there is a division on the right between the grassroots tea homepage party and Wall Street bankers. I see it a little differently, said Grayson. I think theres three Republican parties.
For the original version including any supplementary images or video, visit http://www.rawstory.com/rs/2013/10/05/maher-and-grayson-gop-is-just-corporate-shills-jesus-freaks-and-gun-nuts/

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