Apr 7, 2017

Samsung sees first quarter earnings coming in better than expected

Ina Fried

Ahn Young-joon / AP

Samsung Electronics late Thursday released its preliminary first quarter earnings, saying it sees things shaping up better than many analysts had forecast. The company said it sees first quarter operating profits of about 9.9 trillion Korean won ($8.7 billion), on sales of 50 trillion Korean won ($44 billion).

Why it matters: Samsung's earnings show the company has continued to execute on the business front despite the Galaxy Note 7 recall and the arrest of a top executive in a corruption scandal that brought down Korea's prime minister.

Go deeper

Ursula Perano

Warren sees bump in national poll following Nevada debate

Photo by 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 deeperArrow45 mins ago - Politics & Policy
Zachary Basu

Pence aide says intel report of Russia helping Trump is "false information"

Marc Short. Screenshot: Fox News

Marc Short, chief of staff to Vice President Mike Pence, claimed on "Fox News Sunday" that the White House has not received intelligence that Russia is seeking to help President Trump win re-election, calling it "false information" that has been selectively leaked by Democrats on the House Intelligence Committee.

The big picture: Short and national security adviser Robert O'Brien both dismissed reports published in the Washington Post and New York Times last week about a briefing provided by top election security official Shelby Pierson, an aide to outgoing acting director of national intelligence Joseph Maguire.

Go deeperArrow2 hours ago - Politics & Policy
Mike Allen

Bernie's juggernaut

Sen. Bernie Sanders speaks in San Antonio last night with his wife, Jane. Photo: Eric Gay/AP

Sen. Bernie Sanders won so big in the Nevada caucuses that Democrats are hard-pressed to sketch a way he's not their nominee.

Driving the news: With 60% of precincts counted (slow, but better than Iowa!), Sanders is running away with 46% of delegates — crushing Joe Biden's 20%, Pete Buttigieg's 15%, Sen. Elizabeth Warren's 10% and Sen. Amy Klobuchar's 5%.

Go deeperArrow3 hours ago - Politics & Policy