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It’s official: Microsoft to buy Minecraft for $2.5-billion

Microsoft Corp. has confirmed the rumours and announced it has reached an agreement to purchase Mojang, the Swedish developer with 100 million players of its open world Minecraft game, for...

Posted on 9-15-2014 at 10:23 AM

New CIBC chief unveils management team; key executive to leave early

Canadian Imperial Bank of Commerce’s new chief executive officer has unveiled his management team and announced the immediate departure of a key executive.

Posted on 9-15-2014 at 10:00 AM

WestJet to charge travellers for first checked bag

WestJet Airlines Ltd. has joined rival Porter Airlines Inc. in charging travellers a fee for their first checked bag.

Posted on 9-15-2014 at 9:43 AM

OECD slashes growth forecasts, urges aggressive ECB action

The OECD slashed its growth forecasts for major developed economies on Monday, including Canada, urging much more aggressive ECB stimulus to ward off the risk of deflation in a subdued euro...

Posted on 9-15-2014 at 8:14 AM

Alibaba to boost IPO size on ‘overwhelming’ demand: sources

Alibaba Group Holding Ltd plans to increase the size of its U.S. initial public offering because of “overwhelming” demand for the deal, people familiar with the deal said on Monday.

Posted on 9-15-2014 at 7:55 AM

Environmental extremism a rising threat to energy sector, RCMP warns

RCMP analysts have warned government and industry that environmental extremists pose a “clear and present criminal threat” to Canada’s energy sector, and are more likely to strike at...

Posted on 9-15-2014 at 7:49 AM

How Southwest Airlines is continuing its upward trajectory

Gary Kelly will be permitted to do something on Oct. 13 that he has been banned from doing since he joined Southwest Airlines Co. in 1986. The chief executive officer of Southwest will be...

Posted on 9-15-2014 at 6:37 AM

Morning Markets: China anxiety knocks shares, oil

Stock markets fell on Monday after China's factory output grew at the weakest pace in nearly six years in August, while worries over the impact of another round of sanctions on Russian...

Posted on 9-15-2014 at 6:31 AM

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