Barter is not new, but its use is picking up in lean times. With companies trimming costs in the recession, barter is a potential tool for either the business owner or financial manager to leverage a company's cash.
Exxon Mobil Corp. said Monday that it will buy domestic energy company XTO Energy Inc. in an all-stock deal valued at $41 billion as the blue-chip giant moves to boost its presence in the unconventional-natural-gas business.
The Treasury Department has told four bailed-out companies that they can't pay some top earners more than $500,000 cash per year. But it's told the official who made that decision that the rule shouldn't always apply.