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Zappos is offering to pay funeral costs for the 58 victims of the Las Vegas mass shooting

9 days ago   |   By

Ethan Miller/Getty Images Zappos is offering to pay funeral costs for the 58 victims of the Las Vegas shooting.
The Las Vegas-based retailer has already given roughly $20,000 to three families money for funeral and transportation-related costs, the Las Vegas Sun reported.
The day after the shooting, Zappos announced that it would match donations - up to $1 million - to a CrowdRise fund for those affected. Zappos' own funds are being used to pay for the funerals, not the CrowdRise donations.
As of Friday, Zappos had raised more than $354,600.
"Las Vegas is our home," the company said in a...
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Traders are betting big against gun stocks after the Las Vegas shooting

Traders are betting big against gun stocks after the Las Vegas shooting

9 days ago   |   By

David Becker/Getty Images A strange and unexpected thing happens to gun stocks after a mass shooting: they go up.
It adds a perverse twist to an already terrible situation, as firearm enthusiasts race to stockpile weapons out of fear that gun control legislation will hamper future purchases.
It also exposes the dirty truth of gun stocks: rather than moving on more traditional fundamental factors, their direction is often largely dictated by developments in the ongoing gun control debate.
That dynamic is playing out right now across the space. After spiking following the recent Las Vegas...
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