U.S. gunmaker Remington files for bankruptcy

Remington Outdoor Co Inc, one of the largest U.S. makers of firearms, filed for bankruptcy protection on Sunday to carry out a debt-cutting deal with creditors amid mounting public pressure for greater gun control. The company’s chief financial officer, Stephen Jackson, said in court papers that Remington’s sales fell significantly in the year before its… Read More U.S. gunmaker Remington files for bankruptcy