Prosecutors probe alleged retaliation against Smith & Wesson
Hartford AP report says prosecutors in at least six states and the federal government are examining whether gun firms targeted Smith & Wesson for agreeing to childproof modifications. Over 20 subpoenas issued to manufacturers and distributors as Blumenthal notes possible antitrust activity. Gun groups defend industry as free from collusion while Smith & Wesson opposes the probe’s implications.
MENTIONED IN THIS ARTICLE
Hartford, Conn
Smith & Wesson
Connecticut
Richard Blumenthal
Justice Department
Republicans Block 527 Campaign Finance Disclosure Amendment
In Washington on the House Ways and Means Committee vote, Republicans defeated Rep. Lloyd Doggett's bid to require disclosure of Section 527 political groups finances to the FEC and their existence to the IRS. Doggett warned these groups can flood campaigns with disinformation without disclosure. The tax bill advances. Doggett may retry on the floor next week.
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Washington
House
Lloyd Doggett
Texas
Doggett
Federal Election Commission
Internal Revenue Service
Ways and Means Committee
IRS
Shape
al Gore
California
New York
Citizens For Better
Gore
Congress
Joint Committee On Taxation
Rob Portman
Ohio
John McCain
R-Ariz
Krispy Kreme stock soars on first day of trading
Krispy Kreme Doughnut Corp shares jumped 75 percent on debut on Nasdaq closing at 37 per share from an initial 21. About 7 million shares traded as president Scott Livengood called it a dream culmination of long work.
MENTIONED IN THIS ARTICLE
Winston-Salem, N.C
Scott Livengood
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