Google has suspended business activity involving the transfer of hardware, software and key technical services with Huawei. Analysts say that could be a big blow to the...Technologyread more
Global dividends reached a first-quarter record of $263.3 billion, rising 7.8% despite concerns about the world economy, according to new reach Monday.Marketsread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
The firm upgraded the stock to equal-weight from underweight ahead of the company's earnings on Wednesday.Marketsread more
Huawei claims it has developed its own operating system for smartphones and laptops for "extenuating circumstances."Technologyread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Yardeni Research's Edward Yardeni recommends investing in U.S. companies with exposure to China.Trading Nationread more
Robert Smith announced that he and his family would set up a grant to pay off the nearly 400 graduating seniors' student loans. The total gift is estimated at $40 million.Educationread more
Deutsche Bank denied a report that said some of its executives rejected the advice of the bank's own anti-money laundering specialists and prevented some transactions...Financeread more
Oil prices jumped on Monday after Saudi Energy Minister Khalid al-Falih indicated there was a consensus among OPEC and allied oil producers to continue limiting supply.Energyread more
The AR-15 is the most talked about gun in America.
But the AR-15's creator died before the weapon became a popular hit and his family has never spoken out.
"Our father, Eugene Stoner, designed the AR-15 and subsequent M-16 as a military weapon to give our soldiers an advantage over the AK-47," the Stoner family told NBC News late Wednesday. "He died long before any mass shootings occurred. But, we do think he would have been horrified and sickened as anyone, if not more by these events."
The inventor's surviving children and adult grandchildren spoke exclusively to MSNBC by phone and email, commenting for the first time on their family's uneasy legacy. They requested individual anonymity in order to speak freely about such a sensitive topic. They also stopped short of policy prescriptions or legal opinions.
But their comments add unprecedented context to their father's creation, shedding new light on his intentions and adding firepower to the effort to ban weapons like the AR-15. The comments could also bolster a groundbreaking new lawsuit, which argues that the weapon is a tool of war — never intended for civilians.
Eugene Stoner would have agreed, his family said.
The ex-Marine and "avid sportsman, hunter and skeet shooter" never used his invention for sport. He also never kept it around the house for personal defense. In fact, he never even owned one.
And though he made millions from the design, his family said it was all from military sales.
"After many conversations with him, we feel his intent was that he designed it as a military rifle," his family said, explaining that Stoner was focused on making the most efficient and superior rifle possible for the military."
He designed the original AR-15 in the late 1950s, working on it in his own garage and later as the chief designer for ArmaLite, a then small company in southern California. He made it light and powerful and he fashioned a new bullet for it — a .223 caliber round capable of piercing a metal helmet at 500 yards.
The Army loved it and famously renamed it the M16.
But after Stoner's death in 1997, at the age of 74, a semi-automatic version of the AR-15 became a civilian bestseller, too, spawning dozens of copy-cat weapons. The National Rifle Association has taken to calling it "America's rifle."
The bullets that tore through the Pulse nightclub in Orlando were Stoner's .223 rounds, fired from a AR-15 spin off made by Sig Sauer.
In all, an AR-15 style rifle has been used in at least 10 recent mass shootings — including at an elementary school in Newtown, Connecticut, a movie theater in Aurora, Colorado, and a work party in San Bernardino, California.
"What has happened, good or bad, since his patents have expired is a result of our free market system," Stoner's family said. "Currently, a more interesting question is 'Who now is benefiting from the manufacturing and sales of AR-15s, and for what uses?'"
That's the question for the rest of us.