The decision follows acquisition talks with Georgia Gulf's management that had been aimed at creating one of the largest producers of building materials like olefins and vinyls.
The acquisition would make Energy XXI the third-largest oil producer on the Gulf of Mexico shelf, with interests in seven of the 11 largest oil fields there. Read Post
The world's largest hedge fund, Bridgewater Associates, is almost ready to launch a new artificial intelligence team, Bloomberg reports. Billionaire Ray Dalio's hedge fund manages $160 billion in assets, which to put in perspective,... Read Post