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Apple Inc. holds $132 billion in cash abroad, the largest amount by far of any U.S.-based company. Apple and many other American corporations are reinvesting the money they amass into operations in China and other overseas markets that have been growing faster than their U.S. operations. (Associated press)
Photo by: Ng Han Guan
Apple Inc. holds $132 billion in cash abroad, the largest amount by far of any U.S.-based company. Apple and many other American corporations are reinvesting the money they amass into operations in China and other overseas markets that have been growing faster than their U.S. operations. (Associated press)

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Obama's biggest White House 'fails'

The Supreme Court’s recent stunning decision in the Hobby Lobby birth control mandate was a blow to President Obama’s White House. Here’s a look at some of his administration’s other lowlights.