PRESS DIGEST – New York Times Business News

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Jan 19 (Reuters) – Here are the top stories on the business pages of the New York Times. Reuters has not verified these stories and does not guarantee their accuracy.

New York State Attorney General Letitia James accused the Donald J. Trump family business late Tuesday of repeatedly misrepresenting the value of its assets to boost its bottom line, saying in court papers that the company had engaged in “fraudulent or misleading” practices. https://nyti.ms/3KrXhem

Microsoft said on Tuesday it would buy Activision Blizzard, which makes video games including Candy Crush and Call of Duty. Microsoft will pay nearly $70 billion to the game maker, a lot of money even for such a rich company. Activision is in Microsoft’s other video game business, including the Xbox console and video games like Halo and Minecraft. https://nyti.ms/3FTkxOV

— The House committee tasked with investigating the January 6 attack on the Capitol on Tuesday summoned Rudolph Giuliani and other members of the legal team that pursued a raft of conspiracy-laden lawsuits on behalf of former President Donald J. Trump in which they presented baseless evidence. Allegations of fraud in the 2020 presidential election. https://nyti.ms/3FADHJ2

– Vishal Garg, founder of Better.com, who fired nearly 900 of his workers via Zoom last month and then took “time off”, is returning to his role as president of his mortgage lender. https://nyti.ms/3fEbh6k

Employees of The AV Club, the Chicago-based pop culture website published by G/O Media, have been given a choice: accept a move to Los Angeles or leave the publication with a severance package. On Tuesday, seven people on the staff said they had decided to stay put — and give up their jobs. https://nyti.ms/33oBdAE (Prepared by the Bengaluru Newsroom)

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