BALTIMORE, MD, May 13, 2025 – As communities across the United States continue to confront the devastating toll of mass shootings, new research reveals a staggering economic dimension to these tragedies. A study published in the INFORMS journal Marketing Science finds that mass shootings cause an estimated $27 billion in annual lost revenue for U.S. retailers driven by sharp declines in foot traffic, reduced transaction volume and long-term store closures.
BALTIMORE, MD, May 13, 2025 – Researchers who took a close look at loosened concealed carry laws between 2010 and 2017 have found that “Shall Issue” regulations, which remove local authority discretion on the issuance of concealed carry gun permits, contribute to a significant increase in handgun purchases. At the same time, the researchers found that in states that adopted “Permitless Carry” policies, there was no noticeable change in gun purchases.
The time has come: REAL ID will finally be implemented in less than one week, about 20 years after it was initially proposed.
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A day after invoking the Defense Production Act to help alleviate a nationwide shortage, administration officials had few answers for how the law would lead to more supply.
The 2022 JD Power’s American Airline Satisfaction survey results are out, and the news for many airlines is not good. Jet Blue and Southwest topped the list, while legacy airlines like American and United were near the bottom across the three categories of passengers surveyed (economy, premium economy and first/business).
The fast food giant McDonald's has ceased its operations in Russia, two months after temporarily closing 850 branches across the country. The company said Russia's 'humanitarian crisis' in Ukraine, as well as unstable market conditions triggered by the conflict, are behind its decision to stop selling hamburgers there. The first McDonald's in Russia was opened in Moscow in 1990, and was widely seen as a symbol of western democracy.
A mass shooting at a Buffalo supermarket has left 10 people dead and several injured. A shooting outside a Milwaukee Bucks basketball game left 21 people injured, while a shooting outside a Laguna Woods church left one dead and five injured. These events beg the question, can such heinous events be predicted?
Despite production delays and market upheaval, Amazon is still counting on electric vehicle startup Rivian to help it hit ambitious climate goals and put tens of thousands of electric delivery vans on the road.
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