Bloomberg Business

Electronic Arts Cancels Secret Apex Legends Game in Development

Electronic Arts Inc. canceled a game based on the popular Apex Legends and Titanfall franchises, according to three people familiar with the matter.The game, which hadn’t been publicly announced, was in production at EA developer Respawn Entertainment. On Tuesday, EA, one of the world’s biggest video game publishers, gave a disappointing outlook for revenue in the current quarter. The company said it was canceling the Apex Legends mobile game as well as a mobile version of Battlefield and shutt

Biden Targets Credit-Card Fees, App Stores to Aid Consumers

President Joe Biden announced efforts to slash billions in credit-card late fees and called on Congress to open up mobile app stores to greater competition, alleging that Apple Inc. and Alphabet Inc. act as gatekeepers in ways that harm consumers and inflate prices.

Alleged Usain Bolt Fraudster Asked Him for Loan to Repay Victims

The Jamaican financial firm at the center of an embezzlement scandal that ensnared Olympic sprinter Usain Bolt placed the blame on a single employee, who the company alleges also defrauded 39 other clients and even sought a loan from Bolt’s management team to help cover up her scheme.

Hochul Wants a Payroll Tax Boost to Fund NYC Subways, Transit

Governor Kathy Hochul wants to increase a payroll tax on businesses in the New York City area served by the Metropolitan Transportation Authority’s network of subways, buses and commuter rail lines to help fix the transit agency’s operating deficits.

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