Kroger & Walmart Tighten Gun Restrictions, NBC is Cutting Commercial Time

Kroger and Walmart are raising the minimum age for those buying guns to 21, following in the footsteps of Dick's Sporting Goods. Up until now, Kroger sold guns at 43 of its Fred Meyer locations in Alaska, Idaho, Oregon, and Washington. Both companies released statements saying the tightening of gun restrictions is in reaction to the Parkland school shooting that left 17 dead. Kroger and Walmart both stopped selling assault-style weapons a few years ago. NBC Universal will cut the number of ads it airs in primetime by 20%. The media giant owns networks such as NBC, Telemundo, USA, MSNBC, E!, and others. Linda Yaccarino, chairman of advertising and client partnerships, says this is a necessary move to retain customers who are increasingly turning towards streaming platforms without commercials. The changes will go into effect by the fourth quarter.

More In Business

Archer Aviation Taking Flight with Founder and CEO Adam Goldstein

Archer Aviation founder and CEO Adam Goldstein shares big news about the aerospace company's new partnership with NASA and why they want to make your trip to the airport just five minutes long.

New York City Plans to Discharge $2 Billion in Medical Debt for 500,000 Residents

Mayor Eric Adams said medical debt is the No. 1 cause of bankruptcy in the United States.

iFit Wants to Power Your Workout Using Artificial Intelligence

iFit CEO Kevin Duffy shares how the company is bringing artificial intelligence-powered workouts to consumers, plus other fitness trends to be on the lookout for in 2024.

Mortgage Rates, Inventory Are Key to the Real Estate Market

Tamir Shemesh from Nest Seekers International shares the state of the U.S. housing market for buyers, sellers, and what made 2023 a 'perfect storm.'

Macy's Rejects $5.8B Takeover Bid From Investors

Macy’s is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan. The firms offered $21 per share for the stock they don’t already own.

Tech Stocks Still on the Rise

Pete Najarian, co-owner of Market Rebellion, shares what sectors he's watching as the S&P 500 and Dow notch historic highs.

Sports Illustrated Plans Layoffs After Losing Right to Brand Name

Sports Illustrated's employee union said in a statement that the layoffs would be a significant number and possibly all, of the NewsGuild workers represented.

Japan Becomes Fifth Country to Reach the Moon

Officials said they aren't yet sure if the passenger-less spacecraft made a pinpoint landing, which was one of the mission's priorities.

Pinstripes Poised for Growth After Taking the Company Public

CEO and founder of Pinstripes Dale Schwartz shares his thoughts on taking the company public, why they're set for growth this year, and why he's not concerned about inflation weighing on the restaurant sector.

How Consumers Could See Artificial Intelligence in Their Daily Lives

With hype continuing to build for A.I. projects, expert insight on what companies seem poised to benefit, plus how it will impact the lives of everyday consumers.

Load More