While President Barack Obama and other Democratic politicians clear their throats about proposing new gun control laws sometime next year, the marketplace is responding swiftly to the Newtown, Conn., elementary school massacre.
Dick’s Sporting Goods (DKS), one of the largest retailers in its industry, said Tuesday it is suspending the sale of certain military-style semiautomatic rifles similar to the one used by the Newtown killer. Fox News reported that Discovery Channel (DISCA) has decided to cancel its popular reality show, American Guns.
Source: Bloomberg Businessweek. Read full article. (link)