Free Game Fortnite Proves Unlikely Boost for $18 Billion Giant Best Buy

Best Buy shares saw a massive upswing on Wednesday as the company announced its Q4 earnings report, well-above analysts’ expectations. Pumping its profits was its selection of wearables, smart home devices, and the unstoppable popularity of free game Fortnite driving demand for gaming consoles and accessories throughout the holidays. Best Buy Knows How to Adapt and Survive With many analysts pointing to a crisis in retail in the U.S., large name brands have been folding like a deck of cards. Bankruptcy filings in 2018 included Toys ‘R’ Us, and the 126-year-old Sears, the original ‘everything store’, closing its doors for

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Is Billionaire Michael Bloomberg Really the Democrats’ Best Chance to Beat Trump in 2020?

Steven Rattner, a major Democratic donor, told Yahoo! Finance in a recent interview for the website’s “Influencers with Andy Serwer” podcast that he thinks billionaire former New York City Mayor Michael Bloomberg could “absolutely” defeat Donald Trump in the 2020 U.S. presidential election as the Democratic nominee. Rattner, whose net worth is in the hundreds of millions of dollars according to public disclosures, is an investment financier who manages Michael Bloomberg’s personal and charitable wealth assets as the CEO of Willett Advisors LLC.  He got his start in finance as a journalist reporting on business and economics for the

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EU Smacks Mastercard with $650 Million Fine for Doing What Credit Card Companies Do Best

By CCN.com: The European Commission on Tuesday slammed Mastercard with a 570.6 million euro ($ 650 million) fine after finding the company guilty of breaching antitrust rules. According to information released by the EU regulatory body, the original fine was reduced by 10 percent because Mastercard cooperated with the Commission during the investigation. Mastercard Overcharged Customers, … Continued

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