Mr. Cuomo, sounding downright giddy as he kicked off an economic development conference here, heralded the investment as a "really, really big deal" that proved that New York, especially upstate, could lure new investment from major corporations flush with potential suitors.
So has the Nobel Laureate economist Paul Krugman recently put it, in asking whether the explanation of the "paradox" of lingering high unemployment coinciding with corporations flush with cash lies in "robots" or "robber barons", ie new technology or increasing monopolisation.
The number of income securities paying reasonable yields is shrinking as corporations, flush with cash, are retiring high-yielding securities.
Corporations are flush with cash, and it's cheaper to buy assets than to build them.
These days, corporations are flush with $2 trillion in cash that is not being used for hiring.
Growth in domestic manufacturing is still slow, and business spending has fallen, though corporations are flush with profits.
Corporations are flush with cash — but why expand when so much of the capacity they already have is sitting idle?
Rich American corporations are flush with cash, but, paradoxically, they also have more debt than ever on their balance sheets.
One possible explanation, Mr. Kleintop says, is that small companies tend to rely more on debt to finance operations, while many giant corporations are flush with cash.
Banks and major corporations are flush with capital — large businesses are recording record profits — but job growth is tepid, unemployment remains high and small businesses are struggling.
