The manufacturer of the most popular hunting rifle in the world has been aware of potential safety problems with the gun since before it went on the market—60 years ago. Newly uncovered documents, including memos and drawings by the gun’s inventor, show company officials discussing the potential problem, as well as whether a design change is worth “the high expenditure required to make the conversion.”
This is Cramer’s top play in the post-mortem market.
Stocks ended flat Wednesday as investors shrugged off solid demand from today's five-year Treasury auction and some encouraging economic reports.
Stocks were flat Wednesday as investors shrugged off solid demand from today's five-year Treasury auction and some encouraging economic reports.
Stocks rebounded Wednesday after a sharp jump in new-home sales.
Stock index futures extended losses after an initial uptick as data showed June orders for durable goods, excluding transportation, rose less than forecast despite overall orders posting their largest advance since July 2007.
The head of Coca Cola's bottling and distribution company in France has committed suicide, for reasons that are for the moment unknown, French daily Le Figaro reported Tuesday.
A technician reported last week that someone had tampered with a private helicopter of Anil Ambani, one of India’s wealthiest industrialists, while it was parked at a Mumbai airport. Then, on Tuesday, the technician, Bharat Borge, was found dead on railroad tracks in Mumbai. He was carrying a letter that mentioned the tampering investigation, Mr. Borge’s family and officials of Mr. Ambani’s company said.