Toys R Us is coming back, courtesy of Target

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Here are the latest business headlines from Cheddar

Toys R Us is coming back, courtesy of Target. Target is partnering with the parent company of the Toys R Us brand, TRU kids, to help it relaunch ToysRUs.com. The toy retailer is attempting to emerge from bankruptcy and will allow Toys R Us to have an online presence with Target handling the inventory, fulfillment and shipping.

Video game publisher Activision Blizzard banned a pro gamer for making remarks in support of the ongoing Hong Kong protests. The American publisher also stripped the player of prize money won at a tournament, posting a Chinese-language statement saying, "we will, as always, resolutely safeguard the country's dignity."

Boeing plans to invest a $20 million stake in Virgin Galactic. The investment is meant to help Virgin develop hypersonic flight technology and comes as the space tourism company plans to list on the New York Stock Exchange before year's end.

 

 

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