2016年4月27日星期三

Wednesday Morning Briefing: Hair out, windows down, Clinton and Trump breeze down I-95

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Reuters
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Hillary Clinton and Donald Trump's spitting match is just getting started after convincing wins in their respective primaries last night.

Quotes of the day:

 

"Frankly if Hillary Clinton were a man, I don't think she'd get 5 percent of the vote." – Donald Trump

"Well if fighting for women's healthcare and paid family leave and equal pay is playing the woman card, then deal me in." – Hillary Clinton

 

Trump swept the five Republican primaries in Pennsylvania, Maryland, Connecticut, Delaware and Rhode Island. Clinton won four out of five, losing Rhode Island to Bernie Sanders.

Next up is Indiana on May 3. The polling data is five days old, but Trump has a 6 point lead over Ted Cruz. John Kasich is effectively conceding Indiana to Cruz, in exchange for Oregon and New Mexico.

Digits of the day:

65

 

Trump needs 288 delegates to wrap this thing up. Between California and New Jersey – both winner-take-all states, 223 delegates are up for grabs. The California polling is a nearly a week old, but the most recent poll shows Trump with a 27 point lead over Cruz. The polling in New Jersey is even older, but it shows Trump with a 28 point lead over Kasich. As always, those June 7 primaries are a long way away. But if the polling holds, Trump needs 65 delegates to pull it out. Indiana, Oregon and New Mexico represent 109 delegates. And that's why Kasich and Cruz are trying to play nice.

 

Meanwhile, more than half of American voters believe political parties rig the system to pick their candidates for the White House and more than two-thirds want to see the process changed, according to a Reuters/Ipsos poll.

And lots more election coverage:


Apple posted its first-ever decline in iPhone sales and its first revenue drop in 13 years. Investors shellacked its shares, sending them 8 percent lower. With the saturation of the market for iPhones, the company is expected to focus on its services business, namely the App Store, Apple Music, iCloud and Apple Pay businesses. Trouble is, the services field is far more competitive, given Spotify, Google and Microsoft's moves in music and cloud storage. Plus, Apple's iPhone business raked in $50.6 billion in quarterly revenue. The services business? $6 billion.


Internet traffic to Wikipedia pages summarizing knowledge about terror groups and their tools plunged nearly 30 percent after Edward Snowden's revelations of widespread Web monitoring by the National Security Agency. The forthcoming paper in the Berkeley Technology Law Journal suggests that concerns about government snooping are having a chilling effect on the ordinary pursuit of information.


Around Wall Street

  • The Federal Reserve is expected to leave interest rates unchanged when it renders a decision this afternoon. Last December, the Fed raised rates for the first time in a decade. Since then the Fed has signaled more caution, despite the U.S. economy's relative strength, as concerns a slowing China would depress global growth sparked steep stock price declines and tighter financial market conditions early in the year.
  • Mitsubishi Motors' domestic orders have halved since it revealed it cheated on mileage tests, intensifying concerns over whether it can survive considering its already checkered history of scandals.
  • Outgoing Valeant Pharmaceuticals Chief Executive Michael Pearson plans to tell a Senate panel that he regrets his decision to acquire and jack up the price of two life-saving heart drugs. "The company was too aggressive – and I, as its leader, was too aggressive – in pursuing price increases on certain drugs," Pearson said in prepared testimony before the Senate Special Committee on Aging.

Around the country

  • "We must fight to keep our state straight," said Buck Newton, a North Carolina State Senator running for the state's attorney general. His remarks didn't go down well with the state's LGBT community, which is fighting to repeal a law that requires transgender people to use restrooms in public buildings and schools that match the sex on their birth certificate rather than their gender identity.
  • Bill Cosby lost two court decisions yesterday. A California judge refused Cosby's second attempt to dismiss a lawsuit brought by a woman who accused the entertainer of sexually abusing her when she was 15 at the Playboy Mansion in Los Angeles. And in New York, a federal judge ruled against Cosby's effort to compel the publisher of New York magazine to provide access to unedited interviews of six women who are suing him over separate abuse allegations.
  • Pentagon to soldiers: Thank you for not smoking.

Where even bakers need bodyguards

A Kurdish boy holds an AK-47 rifle in a bakery shop in Tuz Khurmato, Iraq, April 26, 2016. REUTERS/Goran Tomasevic


Around the world

 

  • Salah Abdeslam, a suspect in November's Paris attacks that killed 130 people, was extradited to France from Belgium. He was Europe's most wanted fugitive until his capture in Brussels on March 18 after a four-month manhunt. He is slated to appear before French judges later today.
  • Papua New Guinea is closing an Australian immigration center holding 800 refugees on the northern island of Manus. But they may have nowhere to go since Australia's hard-line policy prohibits them from landing there.
  • NATO-backed Afghan security forces were more successful in holding back the Taliban in a series of attacks in Kunduz this month than they were in September when the city fell. Their recent success suggests that Afghan police and soldiers are coordinating more closely.

Today's reason to live

Floating Action - So Vapor

 

 

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