Fortnite’s effect on Best Buy (NYSE: BBY) shows how dependent brick and mortar businesses are becoming on digital media. In particular, popular digital entertainments like videos and video games are impacting retail sales.
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Furthermore, Apex Legends audience also exceeds that of broadcast television. Impressively, Endgadget estimates 25 million people played Apex Legends in its first live week. In contrast, the most popular US broadcast show; CBS’s Big Bang Theory, had 12.886 million viewers on the week of 8 April 2019, TV Series Finale calculates.
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A growing economy runs on the fuel of its people spending their money on goods and services. However, over 44 million US adults are diverting their income to paying back hefty student loans, rather than boosting the economy with it. They also have very little left with which to save afterward, start a business, or invest.
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The majority of Americans typically foresee getting money back from their tax refund. Based on the LendEDU survey results, nearly 70% of respondents said they would get money back from their tax return, while just over 30% said indicated the opposite.
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Warren’s proposal is problematic in five ways. First her breakup plans will not limit the monopoly power of Big Tech. Second, some of Warren’s plans will merely shift the monopoly from Big Tech to other companies. Third, Warren’s proposal could put American Tech at a serious disadvantage when competing with Chinese Tech. Fourth, Warren’s proposal could drive Big Tech out of America. Fifth, Warren ignores some of the most dangerous and potentially destructive activities at tech giants.
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On the other hand, companies like Microgaming, NetEnt and their online games attract more players from year to year. In the meantime, the interest in land-based casinos is decreasing. It negatively affects stock prices and discourages investors. Fortunately, the experts have managed to find the reasons for such changes.
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Consequently, Amazon could buy Target, Macy’s, Dollar General, or Kroger for cash.
In fact, Jeff Bezos could buy both Dollar General and Macy’s or Kroger and Dollar General at once. Bezos can make such a purchase because Amazon (AMZN) has $41.25 billion in cash.
Additionally, developers will soon dump vast amounts of new retail space on the market in cities; like New York, Los Angeles, and Denver, because of a recent building boom. Thus, a commercial real estate collapse is probably imminent.
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Therefore, California could limit the amount of float, Berkshire Hathaway (NYSE: BRK.A) brings in by changing the way auto insurance rates calculated. For instance, women could pay less and men more through gender-neutral auto insurance.
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The bottom line is that Climate Change threatens Pacific Gas & Electric’s (PCG) financial health and survival.
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