Apr 18, 2018

ZTE delays earnings report as it assesses impact of U.S. ban

A U.S. ban will make it tough for ZTE to compete in the global smartphone business. Photo: ZTE

Chinese telecom firm ZTE is delaying this week's scheduled quarterly earnings report as it scrambles to deal with a Commerce Dept. ban that keeps it from buying U.S. components for the next seven years, the WSJ reported Wednesday.

Why it matters: The order is a huge blow to the company, especially for the smartphone part of its business that relies on chips from Qualcomm and software from Google and others.

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Axios

Coronavirus threat grows, threatening some drug supplies

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

As the novel coronavirus continues spreading globally and China grapples with a limited production capability, there's a growing risk to about 150 prescription drugs in the U.S., sources tell Axios.

The big picture: The coronavirus has spread to more countries, with both South Korea and Italy stepping up emergency measures amid rising case numbers on Sunday. COVID-19 has killed at least 2,467 people and infected almost 79,000 others, mostly in mainland China.

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Ursula Perano

Warren sees bump in national poll following Nevada debate

Photo: David Becker/Getty Images

Sen. Elizabeth Warren surged to 19% and second place in a CBS News/YouGov national poll released Sunday, trailing front-runner Sen. Bernie Sanders (28%) but edging out Joe Biden (17%) and Michael Bloomberg (13%).

Why it matters: The poll notes that only 42% of Democratic primary voters have made up their minds. While Warren underperformed in the first three states, her strong debate performance in Nevada last week may have given her campaign new life.

Go deeper1 hour ago - Politics & Policy

Jacob Knutson

Buttigieg campaign claims Nevada caucuses were "plagued with errors"

Photo: Win McNamee/Getty Images

Pete Buttigieg's campaign wrote a letter on Sunday asking the Nevada State Democratic Party to release early vote and in-person vote totals by precinct and address certain caucus errors identified by campaigns, The Nevada Independent reports.

The big picture: The campaign alleges that the process of integrating early votes on caucus day was “plagued with errors and inconsistencies,” and says it received more than 200 incident reports from precincts around the state.

Go deeper2 hours ago - Politics & Policy