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. Moonves said in an investor conference in March that the presidential campaign was expected to bump up political spending to record levels in 2016.
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.
CHANHASSEN, Minn. (AP) — Authorities and emergency responders were called to Prince's suburban Minneapolis home over the last five years for everything from mundane reports of tripped fire alarms to more serious medical calls.