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Dick’s Sporting Goods Decides To Stop Selling Assault-Style Firearms

Wednesday, February 28th, 2018

Dick’s Sporting Goods will stop selling assault-style firearms and won’t sell guns to people under 21, the company’s CEO said Wednesday. The company also issued a plea for “common sense gun reform.”

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Amazon Acquires Ring, Expanding Reach Into Home Security

Wednesday, February 28th, 2018

Amazon acquired Ring, a video doorbell maker, on Tuesday, marking another foothold in the home security and surveillance business for the company.

The tech giant bought the smart-doorbell maker in a deal reportedly exceeding $1 billion on Tuesday. It marks another big step into the camera surveillance business for the online retailer.

(Image credit: Paul Sakuma/AP)

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New Fed Chief Sees Interest Rates Continuing To Rise As Economy Strengthens

Tuesday, February 27th, 2018

Federal Reserve Chairman Jerome Powell testifies Tuesday before the House Financial Services Committee in Washington. "My personal outlook for the economy has strengthened since December," he said.

The central bank remains on track to boost rates gradually, Jerome Powell told Congress on Tuesday in his first testimony as Fed chairman. He said he’s seen the economy picking up since December.

(Image credit: Jacquelyn Martin/AP)

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Pension Funds Under Pressure To Sell Off Investments In Gun-Makers

Tuesday, February 27th, 2018

Deerfield Beach high school students arrive at Marjory Stoneman Douglas High School on Friday after walking 11 miles from school to school in support of the victims of the mass shooting in Parkland, Fla.

Since the mass killing at a Parkland, Fla., earlier this month, many teachers have called on funds to sell their stakes in gun-makers. But some fund managers say that may not lead to industry change.

(Image credit: Joe Raedle/Getty Images)

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Automakers Say Trump’s Anti-NAFTA Push Could Upend Their Industry

Monday, February 26th, 2018

Chevrolet Camaros are lined up at General Motors

As the administration seeks to redo the North American Free Trade Agreement, the industry is watching the talks closely. Automakers say changes could drive up costs, making them less competitive.

(Image credit: Rebecca Cook/Reuters)

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