... from people who failed background checks. Federal authorities sought to take back guns from thousands of people the background check system should have blocked from buying weapons because they had criminal records, mental health issues or other problems that would disqualify them. A USA Today review found that the FBI issued more than 4,000 requests last year for agents from the Bureau of Alcohol Tobacco Firearms and Explosives to retrieve guns from prohibited buyers. It's the largest number of such retrieval requests in 10 years, according to bureau records -- an especially striking statistic after revelations that a breakdown in the background check system allowed a troubled Air Force veteran to buy a rifle later used to kill 26 worshipers at a Texas church last month. read more
America's most affluent shoppers are capable of spending big this holiday season. They may just require a bit of coaxing. That's the view of Neiman Marcus Group Inc. Chief Executive Officer Karen Katz, whose typical customer is a well-heeled woman. "Her balance sheet is in very good shape," Katz told Emma Chandra on Bloomberg Television. It's "really a matter of how emotionally she feels about things, and she seems to be in a good place right now." The holiday season comes ahead of a potential tax overhaul that has been touted as a way to give consumers a boost in take-home pay. The National Retail Federation said over the weekend that shoppers are already spending more this holiday season in anticipation of a tax cut.
US and South Korean forces have begun their regular joint aerial drills in an apparent show of force against North Korea. US Forces in South Korea say this year's exercise is the largest ever, with more than 230 aircraft taking part. They say state-of-the-art F-35 and F-22 stealth fighters are joining the drills for the first time. South Korean defense ministry spokesperson Moon Sang-gyun told reporters on Monday that the 2 nations had just kicked off the 5 days of drills, called "Vigilant Ace." Moon said the drills are aimed at improving the capabilities of the countries' air forces to carry out coordinated operations in wartime. In the exercise, the US and South Korean forces are to simulate the interception of aircraft intruding into territorial air space. They will also practice attacks on mobile ballistic missile launchers and other ground targets.
he UK and EU have failed to reach an agreement to move to the next stage of Brexit talks, Theresa May has said. The prime minister said differences remain on a "couple of issues". She said talks would reconvene "before the end of the week" and she was "confident we will conclude this positively". The BBC's Laura Kuenssberg said the deal had been "sunk" by the DUP, which reacted angrily to reports of concessions on the Irish border issue. Mrs May is understood to have broken off from talks with European Commission President Jean Claude Junker to speak to Arlene Foster, after the DUP leader had held a press conference saying her party "will not accept any form of regulatory divergence" that separates Northern Ireland from the rest of the UK. read more
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