On Tuesday, Microsoft announced its biggest acquisition ever: It'll buy the video gaming juggernaut Activision Blizzard for $75 billion. Microsoft's betting the deal will help it build a new way to sell games to consumers, which it calls the "Netflix of games." WSJ's Aaron Tilley explains Microsoft's strategy and the risks it contains.

Earlier this month, Canada reached a landmark preliminary settlement with members of its indigenous community, capping a 15-year legal battle over child welfare resources. Cindy Blackstock, an advocate who vaulted the case onto the national stage, explains what drove the initial complaint, and WSJ's Kim Mackrael unpacks the importance of the $32 billion settlement, the largest in Canada's history.

Three top officials have recently retired early from the Federal Reserve amid controversy surrounding personal stock trading activity. WSJ's Nick Timiraos explains what's led to the worst reputational crisis at the Fed in decades.