RENEE MONTAGNE, host: A stash of corporate cash today tops NPR's business news.</s>RENEE MONTAGNE, host: U.S. companies are sitting on nearly $2 trillion in cash and other liquid assets - that's according to The Wall Street Journal. It says companies haven't had so much cash as a proportion of their assets since 1959. Businesses are stockpiling cash because the weak economy has made them wary of hiring or investing in new facilities.
The Wall Street Journal says companies haven't had so much cash as a proportion of their assets since 1959. Businesses are stockpiling cash because the weak economy has made them wary about hiring or investing in new facilities.