Summary: The Smith & Wesson Model 500, introduced in 2003, redefined the concept of power in the handgun world with its .500 Magnum cartridge, becoming the most powerful mass-produced handgun.

Key point: This cool gun has a niche following, but it isn’t very practical. In the world of firearms, there are plenty of boutique guns and calibers out there. Many are very powerful, but may have a ...

Name recognition certainly counts for something in a competitive marketplace, but it can’t make up for incompetent leadership. That’s a business-school truism that Smith & Wesson learned the hard way ...