The Daily Populous

Friday March 27th, 2020 morning edition

image for GameStop to Permanently Close Over 300 Stores

GameStop has announced that it will be closing over 300 stores this year as part of its ongoing effort to "de-densify."

According to GameStop, it closed 321 stores last fiscal year, bringing its store count to 5,500 locations.

At the moment of publishing, it's unclear what stores will be shut down, and when these shut downs will happen.

Elsewhere during the earnings call, the retailer revealed that despite coronavirus disrupting commerce across the world and forcing all GameStop stores in the United States to close, there was actually a 2% increase in store sales in March when compared to March 2019.

That said, while GameStop ended the fiscal year on a somewhat decent note, the year as a whole was a rough one for the retailer.

For the final fiscal quarter, GameStop posted a net income of $21 million.

Looking ahead, GameStop notes it's currently difficult to provide financial guidance to its investors for this fiscal year given the coronavirus. »

Texas Roadhouse CEO forgoes salary and bonus to pay front-line restaurant employees

Authored by chron.com

Texas Roadhouse CEO forgoes salary and bonus to pay front-line restaurant employees.

PHOTOS: How Houstonians are responding to COVID-19... Texas Roadhouse' CEO is stepping up to help pay for staff salaries during the coronavirus outbreak.

Image 1 of / 39 Caption Close Texas Roadhouse CEO forgoes salary and bonus to pay front-line restaurant employees 1 / 39 Back to Gallery. »

The U.S. Space Force has now actually gone to space [Updated]

Authored by arstechnica.com

This is the first time a satellite has flown into space under the auspices of the U.S. Space Force.

Original post: United Launch Alliance says its Atlas V rocket is ready to launch on Thursday from Cape Canaveral Air Force Station in Florida.

United Launch Alliance will provide a live webcast of the launch, beginning about 20 minutes before the opening of the launch window. »

Trump's campaign is trying to remove a video in which he appears to call the coronavirus a 'hoax,' saying it's misleading

Authored by businessinsider.com

President Donald Trump's reelection campaign has issued a cease-and-desist letter to television stations that aired what his campaign called a "patently false, misleading, and deceptive" advertisement by a political action committee.

President Donald Trump's reelection campaign has issued a cease-and-desist letter to television stations that aired what the campaign calls a "patently false, misleading, and deceptive" advertisement by a political action committee.

The Washington Post previously did a fact-check of an ad by former Vice President Joe Biden's 2020 presidential campaign that made a similar juxtaposition. »

Coronavirus-Pandemie: Bosch erfindet eigenen Covid-19-Schnelltest

Authored by faz.net

Der Autozulieferer Bosch hat auch eine kleine Sparte Medizintechnik, und von dort kommt eine überraschende Nachricht: Bosch hat einen Schnelltest für Corona-Infektionen entwickelt.

Bei den Kosten für Geräte und Tests sieht sich Bosch in etwa auf dem Niveau anderer Tests.

Demnach kostet jede Kartusche (und damit jeder Test) einen hohen zweistelligen Eurobetrag, jedes Analysegerät einen niedrigen fünfstelligen Betrag. »