IBT Staff Reporter

The union representing Air Canada's flight attendants has filed a grievance over a training program for replacement workers in preparation for a possible strike, the union said on Monday.

Greece and the Group of Seven leading industrialized nations need the political will to carry out sound fiscal policy, Finance Minister Jim Flaherty said on Monday.

Toronto's main stock market index fell sharply on Monday morning following a steep sell-off in global equities and commodities on mounting fears over Europe's debt crisis and slowing global growth.

It's time for market regulators to clear the air on high-frequency trading, a top Big Board executive said.

Stocks fell in volatile trading on Monday on concerns the euro zone's sovereign debt crisis could undermine a global economic recovery, but a U.S. tech deal limited losses on the Nasdaq composite index.

Whitfield, 39, succumbs to non-Hodgkin lymphoma

Internet gaming firm Bigpoint has bought the development team of sports-focused console gaming studio 49Games to create more online, multiplayer 3D games, as more players shift from consoles to the Internet.

Dolby Laboratories said on Monday it has withdrawn its patent infringement lawsuit against Research In Motion after the BlackBerry maker inked a licensing deal to use of some of Dolby's technologies.

McGraw-Hill Companies Inc said on Monday it would separate into two public companies, one focused on global markets and the other on education, pleasing investors who had been pushing the company to split its businesses.

Stocks fell in a volatile session on Monday on concerns the euro zone's sovereign debt crisis could undermine a global economic recovery, but a tech deal limited losses on the Nasdaq index.

A whopping 82 percent of those surveyed by America's Research Group said they planned to spend less or the same as last year -- an early sign that retailers will have to try harder to win shoppers in the biggest selling season of the year.

An investigation into a listeria outbreak that has killed at least one person has expanded to include three states where possibly tainted cantaloupe was consumed, Colorado health officials said on Friday.

Berkshire Hathaway Inc expanded its succession plan for Warren Buffett on Monday, saying Virginia fund manager Ted Weschler will join the company to help oversee its investments from early next year.

Bank of America Corp is looking to reduce its annual expenses by $5 billion a year by 2013 through its major cost-cutting initiative, Chief Executive Officer Brian Moynihan said.

The Arctic sea ice has reached a record historical low point on Sept. 8th, since satellite observations began in 1972.Global warming is melting the Arctic ice cap in a much higher speed than scientists had predicted, despite a rainy and cold summer.

A new property tax may pull Greece back from the brink of default by securing desperately needed EU/IMF cash but it also exposes the government's foot-dragging in curing chronic structural ills to exit its debt crisis.

Most Americans expect to spend less or the same on the holidays this year compared with last year, a survey showed on Monday, an early sign that retailers will have to try harder to win shoppers in the biggest selling season of the year.

Growing fears of a Greek default sent a hurricane through heavily exposed French banks on Monday and hit the euro as investor confidence in the European currency area's ability to surmount a sovereign debt crisis ebbed.

Sara Lee Corp said on Monday that North American Chief Executive CJ Fraleigh has resigned from the company, as it prepares to split its North American meat business and its international coffee and tea business into separate companies.

Rochdale Securities' analyst Richard Bove said fears of a possible impact of a European debt crisis on U.S. banks were overblown, with only Citigroup and JP Morgan Chase having a significant exposure to the crisis.

Goldman Sachs and Morgan Stanley are each in talks to buy an Indonesian brokerage firm to expand their reach into the booming capital market of Southeast Asia's biggest economy, sources said.

FriendFinder Networks Inc, the publisher of adult magazine Penthouse, said it will buy social commerce website JigoCity for up to $65 million in stock and warrants, to tap into fast-growing social networking markets like China and Asia-Pacific.

Former Vice President Al Gore will renew his 30-year campaign to convince skeptics of the link between climate change and extreme weather events this week in a 24-hour global multi-media event.

U.S. stocks trimmed early losses to trade flat on Monday as European bank shares recovered and technology stocks regained their footing.

Fast-paced cartoons such as SpongeBob may be damaging your children's brain power, according to a new study.It finds that watching television not only has negative effect on executive function of kids over the long term, but also exercises immediate impact.

Serena Williams is once again in the spotlight for the wrong reasons.

(Editor's note: Language in last paragraph may be offensive to some readers)

WellPoint Inc, a U.S. health insurer, and International Business Machines (IBM) have agreed to use IBM's Watson technology to help physicians identify best treatment options.

The U.S. Federal Reserve has quizzed Capital One Financial Corp to know whether the proposed purchase of ING Groep NV's U.S. online banking business would create a too big to fail institution, the Wall Street Journal said.