In a rush to be the largest supplier of natural gas, Exxon will buy XTO Energy for $31 billion. Other energy providers are expected to follow suit. XTO owns about 40 trillion square feet of natural gas and could help Exxon become the #1 provider on American soil.
Dubai Received $10 billion in bailout form Abu Dhabi to help with debts. The city-state has been in trouble and was expected to default on some $60 billion in debts. A large portion of the funds will go towards repaying Islamic bonds issued by Dubai World’s. “We are here today to reassure investors, financial and…
The singer celebrated her 20th birthday by donating $250,000 to some of her favorite schools. “The schools that I went to and the amazing people I got to learn from really turned me into who I am, and I wanted to give back.” she told People Magazine.
Citi Group will repay the government it’s share of the $700 billion bailout from last year. Citi Group received the largest share of all the banks during the crisis. The company will sell a large portion of it’s stock to cover the the hefty loan.The repayment will free the bank from all the restrictions place…
Superstar Lil Wayne gave Trina a $20,000 diamond ring at her birthday party. It is rumoured that the couple is back together as well.