How One Big Gun Seller Chose to End AR-15 Sales: DealBook Briefing
In a note to clients Tuesday, Mr. Herrmann cataloged upbeat remarks
that Mr. Powell made, and observed that Mr. Powell seemed optimistic not just about the current economic environment, but also the outlook for the next three to four years.
One of the U. S.’s biggest gun sellers, Dick’s Sporting Goods, said
that it would stop selling assault-style rifles and high-capacity magazines, as well as limit sales of any gun to those 21 and older.
Delta has been openly dressed down — and potentially punished — by Republicans in Georgia after eliminating discounts for N. R.A.
(Gun control is certainly a hot topic in the midterm election campaign.)
One interpretation is that Mr. Powell wants investors and others to be more prepared for higher interest rates.
It’s because the British satellite broadcaster Sky — which Comcast
and 21st Century Fox are poised to fight over — is a smaller example of what U. S. telecom giants want to become.
Sky is both a telecom operator — selling TV, internet
and phone services — and a media company with its own original news, sports and entertainment programming.
• Toys “R” Us is in talks to sell its Asian business to Fung Group, its local partner, for at least $1 billion, unnamed sources said.
• The online learning company Udacity said that its revenue more than doubled last year, to $70 million, and that it one day hopes to have an I. P.O.