Lebanon rating downgraded on default risks

A report by Moody’s Investors Service that downgraded the country’s long-term investment ratings reflects the urgent need for quickly forming a new government, implementing reforms and reducing budget deficit, Lebanon’s finance minister and experts said Tuesday.

Political shifts, sales slump cast shadow over gun industry

When gunmakers and dealers gather this week in Las Vegas for the industry’s largest annual conference, they will be grappling with slumping sales and a shift in politics that many didn’t envision two years ago when gun-friendly Donald Trump and a GOP-controlled Congress took office.