WASHINGTON — The Supreme Court on Thursday declined to stop the Trump administration from enforcing its ban on bump stock devices, which allow semi-automatic weapons to fire like machine guns, nullifying the only remaining effort from the gun rights lobby to quash the president's ban. Chief Justice John Roberts declined a different request for the court to get involved on Tuesday, the day the ban took effect. On Thursday, the justices didn't explain their decision.The administration's ban puts it in the unusual position of arguing against gun rights groups. President Trump said last year that the government would move to ban bump stocks. The action followed a 2017 shooting in Las Vegas in which a gunman attached bump stocks to assault-style rifles he used to shoot concertgoers from his hotel room. By using the devices, which allow shots to be fired more rapidly, the gunman was able to fire more than 1,000 rounds in 11 minutes. Fifty-eight people were killed and … [Read more...] about Supreme Court isn’t stopping Trump’s bump stock ban
26 March 2019 • 3:21pm Sterling lifted by hopes of ERG support for PM's deal - see the latest currency movements on our Markets Hub Pound nears 22-month high vs euro after Rees-Mogg signals his backing Stocks recover from recession worries; FTSE 100 up 0.4pc Tantrum on bond markets spells danger but recession isn't guaranteed Juliet Samuel: Why UK and the EU still need to be good neighbours Sign up for our weekly Economic Intelligence newsletter here To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium Access one Premium article per week Register for free Register for free to continue reading this article Register Or unlock all Premium articles, free for 30 days Start trial Already have an account? Login Want to learn more? … [Read more...] about Growing support for PM’s Brexit deal boosts pound as stocks rebound from recession wobble
opinion Joanna Allhands Arizona Republic Published 7:00 AM EDT Mar 26, 2019 If you own a bump stock, you could soon become a criminal. The Justice Department has effectively banned them by reclassifying them as machine guns. Which means anyone who owns one must either destroy or surrender the device before Tuesday. And if you don't, congratulations: You're now breaking federal firearms law. How did we get here? After the Las Vegas shooting, where a madman used a bump stock during his shooting spree that killed dozens and injured hundreds, there was a nationwide push to get rid of the things. President Donald Trump declared that he would ban them without congressional action and directed the Justice Department to figure out how. The department's quick and dirty solution was to reclassify bump stocks as machine guns using an existing law: The National Firearms Act of 1934. This means no new bump stocks can be manufactured. Read more commentary: New Zealand … [Read more...] about Bump stock ban could make you a criminal. Here’s what you need to know
Damian J. Troise The Associated Press Published 12:31 PM EDT Mar 22, 2019 NEW YORK (AP) — Stocks are sliding on Wall Street Friday and bond yields are moving sharply lower as investors worry that global economic growth is slowing. Banks and technology companies led the declines, which wiped out the market's gains for the week. Citigroup led a slump in banks with a 4.9 percent loss as bond yields continue to drop, threatening the profitability of financial companies that make money from lending. Big technology companies, which would stand to lose more than other sectors in a slowing economy, fell more than the rest of the market. Hewlett-Packard fell 3 percent and Intel lost 2 percent. Boeing gave up 2.3 percent after Indonesia's flag carrier became the first airline to seek to cancel an order of 737 Max 8 jets, which have been involved in two fatal crashes in the past six months. Nike, another component of the Dow Jones Industrial Average, dropped 5.3 percent after … [Read more...] about Dow Jones Industrial Average: Why is stock market falling today?
Opinion PUBLISHED: 19:42 21 March 2019 | UPDATED: 19:42 21 March 2019 Iain Dale Theresa May speaks with the media as she arrives for an EU summit in Brussels yesterday It’s been another tough week for Theresa May - Iain Dale says she’s now turned the country into a complete joke When I appeared on Radio 4’s ‘Any Questions’ last week I described our government “as the most shambolic administration since Lord North lost America”. A Tory MP for the region texted me afterwards and said: “There’s a perfectly respectable case that actually Lord North was not that bad…”. I’m afraid the same can’t be said for Theresa May’s government. Her Brexit negotiations have led to this country becoming an international laughing stock. I may have been critical of all governments down the years, but I can’t remember actually being embarrassed by one. Theresa May has now been reduced to holding a gun to … [Read more...] about So, can Theresa May make us any more of a laughing stock?