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Cerberus Capital owns Freedom Group, which had merged with the company that made one of the guns used in last week's shootings in Connecticut. Cerberus Capital said in a statement that it's looking to sell its stake in the gun manufacturer. The move follows pressure from the California State Teachers Retirement System among others.

McKenna Pope, 13, of New Jersey wanted to get an Easy Bake Oven for her little brother, but didn't want him thinking the purple and pink toy was just for girls. Forty-thousand signatures later, Hasbro has now shown McKenna a prototype of a new silver, blue and black oven. The company says the gender-neutral toy will be on shelves next summer.

Six school employees died in the shooting at Sandy Hook Elementary School on Friday. President Obama has hailed them as heroes. The six women included a veteran school psychologist, a dedicated special education teacher and a young substitute at the beginning of her career.

Rick Snyder faces a stark choice on whether to allow concealed pistols in schools. In the closing hours of its lame duck session — and the day before the Sandy Hook killing spree — Michigan's legislature approved a bill that would allow concealed pistols in places where they are currently banned. The bill has yet to be formally presented to the governor, but once it is, he has 14 days to decide what he will do.

For almost 20 years, Democrats have been convinced that gun control is a sure way to lose elections. And in his first term, President Obama never proposed any new gun legislation. But in the aftermath of the Newtown, Conn., massacre, he's promising to use whatever powers he has to prevent similar tragedies.

President Obama and House Speaker John Boehner met in person again Monday to discuss a budget deal that would undo the massive tax hikes and spending cuts set to take effect Jan. 1. The Republican leader has offered to increase tax rates on people who make over $1 million. The president has responded with a counteroffer.

As the Supreme Court takes up fundamental challenges to voting rights laws and affirmative action, the storied NAACP Legal Defense Fund prepares to take on a new leader, Sherrilyn Ifill.

Park Geun-hye's father was a military dictator who ran the country for nearly two decades. She has apologized for her father's suppression of democracy and appears to be slightly favored in Wednesday's presidential vote.

For 15 minutes each week, Phyllis Jeanne Creore spoke and sang to the servicemen and their loved ones in her NBC radio broadcast. Now 96 years old, the beloved "Canteen Girl" shares her memories — and some personal wartime letters, too.

The population explosion in Williston, N.D., has been a blessing and a curse for many local businesses. Stores and restaurants are struggling to find workers because they can't compete with what most oil jobs pay. Plus, there's now a day care shortage, and housing costs have skyrocketed.