Donald Trump dealt a big blow to Republican grandees looking to block his path to the party's nomination – winning all five states up for grabs Tuesday and taking an overwhelming majority of the delegates. Trump's victories come despite a $67 million campaign of attack ads targeting his candidacy.
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Trump Takes Five Victories
Donald Trump dealt a big blow to Republican grandees looking to block his path to the party's nomination – winning all five states up for grabs Tuesday and taking an overwhelming majority of the delegates. Trump's victories come despite a $67 million campaign of attack ads targeting his candidacy.
Sandersâ Real Victory? Pushing Clinton Left
Hillary Clinton’s dominant performance in Tuesday's Democratic primaries – she won four out of five states – has left rival Bernie Sanders with little chance of overtaking her and securing the party's nomination. But despite the unlikelihood of a Sanders victory, the Vermont Senator appears to have had a lasting impact on Clinton, forcing her to embrace a brand of progressive politics that she might otherwise have eschewed.
You Know Whatâs Cool? A Billion Dollars
Social networking titan Facebook Inc is set to announce first-quarter profits of $1.1 billion, with earnings per share at 62 cents, when CEO Mark Zuckerberg reports after the markets close Wednesday. The company's continued success is fueled by mobile as well as video ads across Facebook and Instagram – with mobile accounting for 80 percent of Facebook’s revenue last quarter.
Fed Set To Hold Rates Steady
Investors see a mere 2 percent chance that the Federal Reserve will edge benchmark interest rates up, when the Federal Open Market Committee reveals the results of its latest policy meeting Wednesday. Most analysts now expect just one rate hike in store for 2016.
HERE'S WHAT YOU MISSED LAST NIGHT.
2-Day Work Week For Venezuela State Employees
The struggling South American nation’s government has introduced a two-day work week for all public sector employees, in its latest effort to tackle a crippling energy crisis. A major drought has reduced water levels at the country’s main hydro-electric power plant, which supplies two thirds of Venezuela’s energy needs, to critical levels.
Comcast Looking To Buy DreamWorks
Cable and entertainment conglomerate Comcast Corp. is in talks to buy DreamWorks Animation for more than $3 billion, the Wall Street Journal reported late Tuesday. Comcast already owns a major studio, Universal Pictures, through its NBCUniversal subsidiary. But if this deal goes through, Comcast would add a formidable force in animated cinema, one of the most consistently profitable genres around the world.
UN Rejects Israelâs Golan Heights Claim
The United Nations Security Council on Tuesday rejected the Israeli government’s claim over the Golan Heights — a territory that the country has been in control of since the end of the Six-Day War in 1967. The rebuff came in response to comments made by Israeli Prime Minister Benjamin Netanyahu, who said the region has been “an integral part of the land of Israel since ancient times” and would remain so.
Barclays Sees Big Drop In Profits
British banking giant Barclays on Wednesday reported a 25 percent drop in pretax profit in the first quarter of 2016. Underlying profit before tax in the bank’s corporate and investment bank division also dropped 31 percent, primarily due to reduction in banking and markets income, increased credit impairment charges, and higher operating expenses. However, the bank’s revenue topped forecasts, but, on a year-on-year basis, revenue dropped 13 percent.
AND THEN THERE'S THIS...
Cigarettes In Pentagon's Sights
Smoking has long been part of the culture of the military, but Defense Secretary Ash Carter is looking to stamp out the habit among service personnel. Carter has issued new policy guidelines aimed at curbing tobacco use, including raising the prices of tobacco on military bases to match local market prices and widening smoke-free zones.
Fly Me To The Moon
The Vostochny Cosmodrome, Russia's new spaceport located in the far east, will finally launch rockets beginning Wednesday. Construction began in 2011, but setbacks and allegations of corruption have plagued the facility's construction. The cosmodrome will support satellite and manned launches.
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