Supreme Court Strikes Down Ban on Bump Stocks

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 14 June 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for June 14. The opinion discards a rule issued in the aftermath of a 2017 massacre in Las Vegas perpetrated by a shooter armed with bump stocks, which modify semiautomatic weapons to fire with the speed and lethality of military firearms. And from United Airlines to Netflix, there are changes afoot in the world of advertising, as Chip Cutter hears from advertising reporter Patience Haggin. Plus, Wall Street Journal Peter Rudegeair on how hedge funds are swimming in so much cash that they’re allocating billions of dollars to other hedge funds. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This program is brought to you by Vanta.
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0:14.0	at Vanta.com slash W.S.J.
0:16.7	The Supreme Court strikes down a ban on bump stocks, devices that make firearms deadlier.
0:26.0	And United Airlines thinks it knows what kind of ads you want to see mid-flight.
0:31.0	You're going to start seeing ads that are personalized based on some of the
0:35.2	data that United knows about you. That'll be things like the city you live in and the
0:40.1	cities you often travel to. Plus, hedge funds are so cash-rich
0:44.8	they're allocating billions of dollars to other hedge funds.
0:48.4	It's Friday June 14th.
0:50.2	I'm Pierre Bienemay for the Wall Street Journal.
0:52.2	This is the PM edition of What's News, the top
0:54.6	headlines and business stories that moved the world today. The Supreme Court has struck down a ban on bump stocks, equipment that modifies a semi-automatic
1:08.2	weapon to fire with a speed and lethality of a military firearm.
1:12.7	The opinion throws out a rule issued after a 2017 massacre in Las Vegas
1:17.6	when a shooter armed with bump stocks killed about 60 people at a music festival.
1:22.2	Public outrage drove the Trump
1:23.8	administration's Justice Department to reclassify bomb stocks as machine
1:27.5	guns in order to take them off the market, a rare move to regulate weapons
	...

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