CNOOC to buy Nexen for $15.1 billion in China's largest foreign deal

State-controlled CNOOC Ltd launched China's richest foreign takeover bid yet on Monday by agreeing to buy Canadian oil producer Nexen Inc for $15.1 billion, forcing Ottawa to decide whether security concerns outweigh its desire for foreign investment in its energy resources.

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House Sends Finance Overhaul to Senate

The House agreed to a sweeping rewrite of the nation's financial regulations..

Filthy rich: the 10 highest paid hedge fund managers of 2008

Timesbusiness.typepad.com: Stock markets across the world may have tanked last year but that didn’t stop the top performing hedge fund managers from making themselves a huge pile of cash.