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US gun maker Remington files for bankruptcy protection

U.S. gun maker Remington Outdoor Company has filed for bankruptcy protection, after years of falling sales and lawsuits tied to the Sandy Hook Elementary School massacre.

The Federal Reserve raised its key interest rate to highest in a decade

The Federal Reserve raised its key interest rate Wednesday in a vote of confidence in the U.S. economy’s durability while signaling that it plans to continue a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell.

Facebook’s Zuckerberg to testify before British parliamentary panel

A British parliamentary committee on Tuesday summoned Facebook CEO Mark Zuckerberg to answer questions as authorities stepped up efforts to determine if the personal data of social-media users has been used improperly to influence elections.

Orbitz travel website may have been hacked

Orbitz says a legacy travel booking platform may have been hacked, potentially exposing the personal information of people that made purchases between Jan. 1, 2016 and Dec. 22, 2017.

Uber removing self-driving vehicles after Phoenix fatality

A self-driving Uber SUV struck and killed a pedestrian in suburban Phoenix in the first death involving a fully autonomous test vehicle, prompting the ride-hailing company Monday to suspend all road-testing of such autos in the U.S. and Canada.

 
Toys R Us to close or sell all US stores

Toys R Us’s management has told its employees that it will sell or close all of its U.S. stores.