The weapon has come under fire after being used in the recent shootings in Aurora, Colo., and Newtown, Conn.
Gun-rights advocates had threatened to take their business elsewhere, but the state has been swamped with license applications.
It won't review a New York pistol-permit law, dealing a blow to gun-rights advocates. The issue won't be going away, though.
Since Newtown, more states have loosened regulations than have tightened them.
State lawmakers approved some of the toughest gun control measures in the country, and gun enthusiasts are responding by going shopping.
The nonprofit Armed Citizen Project is looking to equip residents of high-crime areas with 20-gauge shotguns.
US stocks are set to track global markets up ahead of US service sector data.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The high-ranking GOP House member accuses Democrats of politicizing the issue of gender paycheck inequality for political purposes.
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