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The debt ceiling issue was one of the causes for the 2013 government shutdown, and a lack of a budget bill over the issue forced the government to sequester its budget. The crisis, as well as the government shutdown, ended on October 17, 2013, with the passing of the Continuing Appropriations Act, 2014.
Blockbuster [5] (formerly called Blockbuster Video) is an American multimedia brand.The business was founded by David Cook in 1985 as a single home video rental shop, but later became a public store chain featuring video game rentals, DVD-by-mail, streaming, video on demand, and cinema theater. [6]
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January 23 – Previously valued $2 billion video game company THQ sells most of its assets for $72 million after last month filing for Chapter 11 bankruptcy. [34] January 24. Defense Secretary Leon Panetta lifts the ban upon women serving in combat. Congress will have a month to review the decision before it goes into effect, and could block ...
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Kim's Video and Music; King Karol – New York City; Kroch's and Brentano's – Chicago-based bookstore chain; filed for bankruptcy in 1995 [134] Licorice Pizza – Southern California chain that was started in Long Beach by James Greenwood in 1969, [135] acquired by Record Bar in 1985, acquired by Musicland in 1986, [136] and rebranded Sam ...
Some media outlets compared the 2023-2024 layoffs to the video game crash of 1983, when the US video game market collapsed due to an oversaturation of poorly made, low-quality games, causing the video game industry to enter a recession for two years. This has sparked discussions about a potential "second video game crash."