Receive Breaking News updates as they occur
(Reuters) - CBS Corp, the owner of the most-watched U.S. TV network, reported a 10 percent rise in quarterly revenue, beating Wall Street estimates, as the U.S. presidential campaign and Super Bowl broadcast boosted spending on advertising. The New York-based company, whose earnings also handily beat expectations, said on Tuesday that advertising revenue jumped 31.3 percent in the first quarter ended March 31. "Advertising is poised for even more growth in the back half of the year as political spending ramps up," Chief Executive Les Moonves said in a statement.
NEW YORK (AP) — (backslash)A former assistant to Prince until last year has spent the days since his death trying to figure out how her boss, whom she described as very healthy, could have died so suddenly, adding that she never saw him ingest any drugs during her employ.
Presidential frontrunners Donald Trump and Hillary Clinton hoped Tuesday the Indiana primaries would put them one step closer to locking up the Republican and Democratic nominations -- and their likely November showdown. The latest contest in the 2016 White House race is seen as a day of reckoning for the "stop Trump" movement led by his closest rival Ted Cruz. "I don't think he's got the temperament to be president," Trump said of Cruz in an interview with Fox News after polls opened.