LAS VEGAS (AP) — Gun companies are gathering for their annual conference and trade show this week in Las Vegas at a pivotal moment for the industry amid slumping sales, a public increasingly agitating for restrictions on access to firearms and escalating tensions over gun control efforts. The event, held by the National Shooting Sports […]
Background checks on gun purchases in the U.S. are climbing toward a record high this year, reflecting what the industry says is a rush by people to buy weapons in reaction to the Democratic presidential candidates’ calls for tighter restrictions. By the end of November, more than 25.4 million background checks — generally seen as […]
Gunmaker Colt says it is suspending its production of rifles for the civilian market including the popular AR-15.
Democratic presidential candidate Beto O’Rourke’s recent vow to take away people’s AR-15 and AK-47 rifles raised one big question: How is it possible to round up the millions of such guns that exist in the United States? The number of AR-15 and AK-47s in the U.S. is estimated at a staggering 16 million, creating logistical […]
Connecticut-based Gunmaker Colt Defense LLC filed for bankruptcy on Sunday, Bloomberg Business reports.