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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
Leadership

Ted Cruz Is About to Make a ‘Major Announcement’

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Michal Addady
Michal Addady
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Michal Addady
Michal Addady
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April 27, 2016, 11:35 AM ET
Senator Ted Cruz Presidential Campaign Rally
WASHINGTON, USA - APRIL 21: Republican Presidential Candidate Senator Ted Cruz speaks during a campaign rally at the Weinberg Theater in Frederick, Md., USA on April 21, 2016. (Photo by Samuel Corum/Anadolu Agency/Getty Images)Photo by Samuel Corum—Anadolu Agency via Getty Images
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U.S. Republican presidential candidate Ted Cruz said he will be making a “major announcement” on Wednesday afternoon.

Cruz mentioned the impending announcement while talking to reporters in Indianapolis ahead of Indiana’s primary elections on May 3. This comes after Carly Fiorina’s name was leaked on Tuesday as a potential running mate for the Texas senator.

Fiorina, the former CEO of Hewlett Packard, dropped out of the presidential race in February. One month later, she endorsed Ted Cruz for president. If Cruz plans to announce his vice presidential pick on Wednesday afternoon, he would be the first candidate to do so.

Five state primaries were held on Tuesday. Cruz finished in second place in Pennsylvania, and in third place in the remaining four states. It’s mathematically impossible for him to reach the 1,237 delegates necessary to become the Republican nominee. However, Politico reports that Cruz’s campaign has secured delegates who would support him at a contested convention, if it comes to that.

Reuters contributed to this report.

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