Corporate America is slowly starting to give cash back to investors with dividends and buybacks. Companies are also spending cash on mergers. But Apple and other blue chips still have a lot of cash on their balance sheets that they could putt to use. (Credit: Sam Hall/Bloomberg/Getty Images)

Why Apple and other blue-chip companies are starting to spend their cash

Corporate America has been giving more and more cash back to investors through dividends and stock buybacks. Companies are also using some of their excess cash on mergers. But many big companies are still sitting on a LOT of cash — even though it earns next to nothing on their balance sheets, because interest rates […]