Business

Coronavirus Spurred Companies to Hoard Cash. Now They Are Starting to Dole It Out.

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After scrambling to hoard money within the spring, some giant U.S. corporations that halted their dividend funds are reversing their resolution, an indication that their leaders imagine the worst of the disaster is behind them.

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Earlier this 12 months, when a lot of the nation’s economic system shut down within the first waves of the coronavirus pandemic, corporations withdrew money from credit score strains, stopped repurchasing inventory and halted dividend funds amid the uncertainty. The general public well being plight continues, however many companies—from factories to legislation corporations—have…



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