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Family Video is closing: How did they outlive other video stores?
Read full article: Family Video is closing: How did they outlive other video stores?It’s the end of an era: Longtime video rental chain Family Video is closing up shop. “What began as a handful of 500 square foot video rental locations, grew to 800 locations with up to 7,000 square feet of video rental and retail. It seemed that Family Video somehow outlived many of its competitors, like Blockbuster, Hollywood Video and even Mammoth Video (pay homage). The ability to improvise: When video rental sales started dropping, Family Video tried something. You can get them delivered together.”Recently, some Family Video stores even started selling CBD products.
Dow pops 250 points on blockbuster earnings
Read full article: Dow pops 250 points on blockbuster earningsBlockbuster earnings from the likes of JPMorgan Chase and UnitedHealth sent the Dow climbing more than 250 points, or roughly 1%, in afternoon trading. After weeks of trying to decipher the latest developments in the trade war, the start of earnings season has allowed investors to refocus on the fundamentals. The IMF on Tuesday cut its 2019 global growth forecast, calling for the weakest pace since the financial crisis. However, the big banks on the front lines of America's economy reported mostly upbeat results on Tuesday. The Wall Street firm was hurt by slowdowns in M&A and the trouble in the IPO market.