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President Biden’s actions since taking office have included a raft of Executive Orders that seemed aimed mostly at trying to erase anything former President Trump did while in office. From scrapping the former president’s immigration policies, which dramatically reduced illegal border crossings, to re-instituting the individual mandate that imposes fines on Americans for not having healthcare insurance, Biden’s agenda, when it comes to his predecessor, could be summed up as “Like it never happened.”
President Biden has also called for a study to determine whether the detention facility at Guantanamo (GITMO) should be closed.
This is a throwback to a study that President Obama had also called for before going back on a solemnly made campaign promise that GITMO would be closed. President Biden will undoubtedly have to break his promise to close the facility after going through the motions.
Sturm, Ruger & Co. is adding Marlin firearms production during 2021 at its 220,000 square-foot plant at 271 Cardwell Road in Mayodan. News & Record of Greensboro
Another sharp increase in demand for firearms, spurred by the COVID-19 pandemic and national political tension boosted Sturm, Ruger & Co. to a nearly fourfold jump in fourth-quarter net income at $31.7 million.
Diluted earnings were $1.73 a share, compared with 45 cents a year ago. There were no earnings forecasts from Zacks Investment Research.
Ruger released its earnings report after the market closed Wednesday.
Fourth-quarter sales soared 60.9% to $169.3 million.
Ruger s profit increase came despite a nearly threefold increase in its income taxes to $30.6 million.
Amid surge in sales, Connecticut-based gun maker Ruger primes for massive production By Alexander Soule
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Photo: Katy Kildee / Associated Press
With Americans arming themselves at a historic rate, Sturm Ruger recorded its biggest year since 2016 while reconnecting a historic gun maker to its Connecticut roots.
Ruger revenue jumped 39 percent last year to $569 million, producing a $90 million profit that was its highest since 2011.
The Fairfield-based company added 130 employees last year to push its work force to 1,840 people entering January. Ruger currently lists 35 openings, none in Connecticut and the largest number at its Mayodan, N.C. manufacturing plant where it will assemble Marlin rifles.
After the
New York Times reported that Rep. Matt Gaetz is under federal investigation on the suspicion of sex trafficking a 17-year-old girl, the Florida Republican found himself seeking a safe space to fight back against the allegations in Fox News prime time hour with host Tucker Carlson. But after the interview, Carlson himself told viewers he was left flummoxed by the exchange and didn t know what to think about the story. If you just saw our Matt Gaetz interview, that was one of the weirdest interviews I ve ever conducted, Carlson told his audience. That story just appeared in the news a couple of hours ago. And on the certainty that there s always more than what you read in the newspaper, we immediately called Matt Gaetz and asked him to come on and tell us more. Which as you saw, he did. I don t think that clarified much. But it certainly showed that this is a deeply interesting story. And we ll be following it. Don t quite understand it. But we ll bring you more when w
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