Business & Economy
Creative Commons/Mike Mozart

Dick’s Sporting Goods halts assault-style weapon sales

by Evan Wilt
Posted 2/28/18, 11:12 am

Dick’s Sporting Goods, the largest sporting goods retailer in the United States, announced Wednesday it would no longer sell assault-style weapons in response to the recent deadly school shooting in South Florida. The company also announced it would raise the minimum age for all gun sales to 21 and would not sell high-capacity ammunition magazines.

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Associated Press/Photo by Nati Harnik (file)

Amazon is teaming up with Berkshire Hathaway and JPMorgan Chase to form a new company that could disrupt the U.S. healthcare industry in the same way the online retailer has changed the way consumers buy just about everything. The new venture, as yet unnamed, will help employees of all three companies find reasonably priced healthcare services. “The ballooning costs of [healthcare] act as a hungry tapeworm on the American economy,” Berkshire founder Warren Buffett said in a prepared statement. “Our group does not come to this problem with answers.

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Associated Press/Photo by Mark Lennihan

Record-breaking Christmas retail sales

by Kiley Crossland
Posted 12/27/17, 11:58 am

Retail sales in the United States jumped 4.9 percent this year during the Christmas season, the largest increase since 2011, according to the latest Mastercard SpendingPulse report. A strong economy and growing consumer confidence helped to fuel retail spending, said analysts, noting retailers benefited from Christmas falling on a Monday this year, giving shoppers a full weekend for last-minute gift buying.

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