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The 10-Point: My Guide to the Day's Top News

The Wall Street Journal
Good morning,
A Sunshine State
The four remaining Republican presidential candidates squared off in Miami in a debate that featured a much more civil tone than previous meetings. Donald Trump—who for the first time said he may take political contributions in a general election—refrained from attacking his three rivals, who highlighted their differences with the front-runner in a restrained manner. The candidates sparred on foreign policy, Social Security and education ahead of a slate of key primaries next week—including must-win home races for Ohio Gov. John Kasich and Florida Sen. Marco Rubio. We report that many voters who were long-time supporters of Ohio’s other son, former House speaker John Boehner, are backing Mr. Trump in his bid for the nation’s highest office, a development that reflects a broader frustration among Republican voters that has helped catapult Mr. Trump to within reach of the nomination. Meanwhile, we find Ted Cruz is struggling to get endorsements from his senate colleagues.
Euro Blues
European Central Bank President Mario Draghi unpacked a major stimulus package yesterday that includes cuts to key interest rates, added bond purchases and cheap financing to banks. But markets shrugged off the news after an initially positive response, which analysts and investors say indicates diminished faith in the ability of central banks to stoke growth and inflation amid already negative rates. Some attributed the reaction—which included initial strong gains by European bank stocks that were later all but wiped out—to Mr. Draghi’s reluctance to signal further rate cuts. European credit markets soared on the news, however, as it appeared the ECB has shifted toward a policy that favors asset purchases over interest rate cuts to help ease financing conditions in the eurozone.
In a Lather
The Honest Company has surged in popularity and increased in value on the premise that it offers household products that are safer and more ecologically friendly than mainstream brands. But independent lab tests commissioned by The Wall Street Journal show that liquid laundry detergent marketed by the company—co-founded by actress Jessica Alba—contains sodium lauryl sulfate, a cleaning agent it tells consumers to avoid. Honest says it uses an alternative cleanser, sodium coco sulfate, in the detergent. Scientists interviewed by the Journal say that agent contains SLS, which Ms. Alba has referred to as a “toxin.” Honest, whose business extends to more than 100 varieties of products that have been popular with young mothers, contests the findings and said it stands by its labeling. Some rivals dispute whether the SLS compound is even harmful, and Seventh Generation, Procter & Gamble and others have vouched for its safety.
A Hero’s Journey
Warner Bros. is undertaking a super challenge. The opening-soon “Batman v Superman” is the next installment in the Hollywood studio’s ambitious plan to launch 10 films in five years based on DC comics characters. Taking on rival Disney and the success of its pioneering concept of a series of interconnected movies based on Marvel Comics characters, Warner is hoping it can bank on Wonder Woman, Aquaman and Flash to draw audiences for years to come. It has tapped the Oscar-winning writer of “Argo” to tell the superheroes’ tales, who studied electromagnetic physics, deep sea biology and ancient history to better understand the iconic characters.
TODAY'S VIDEO
What Are the Highest-Paying Jobs in America?
That Was Painless
A look at some of the highest-paying jobs in the U.S., according to the Glassdoor staffing company.
TOP STORIES
U.S.

Lawsuit Challenges Jailings That Follow Acquittals

Obama Presses Senate GOP to Act on Supreme Court Opening
WORLD

Migrants, Refugees Cross Paths at an African Way Station

Low Oil Prices Force Russian Defense Cuts
BUSINESS

Keystone Operator in Takeover Talks With U.S. Pipeline Company

Bob Evans’ Activist Shareholder Battles with Board He Helped Pick
MARKETS

Goldman Hire Came as Bank Pitched Malaysia’s 1MDB

Bridgewater Hires Ex-Apple Executive as Co-CEO
NUMBER OF THE DAY
3,800
Colgate-Palmolive said it would cut up to 3,800 jobs as part of a restructuring program, above the roughly 2,300 jobs the company previously said it would eliminate.
QUOTE OF THE DAY
The happy days are here again. There’s not really been an interruption of the profit flow.
Marcus Stanley, policy director at Americans for Financial Reform, in our story about the near-record profits made by the three big credit rating firms that played a central role in the financial crisis.
TODAY'S QUESTION
Going back to our third item, what do you think about products that are marketed as eco-friendly or safer than more mainstream household goods? Send your comments, which we may edit before publication, to 10point@wsj.com. Please include your name and location.
—Compiled by Yogita Patel
READER RESPONSE
Responding to yesterday’s question on how the government should disclose where money collected from banks for their role in the financial crisis is spent, Steve Chanecka of California wrote: “It’s about time the question is asked: where does the cash go? At $110 billion in fines, that’s about $340 for every U.S. resident. Why not send a check of $300 to each U.S. resident and use the $40 remaining to cover expenses? After all, the ‘crimes’ are against the citizenry, no?” Rich Irwin of Ohio commented: “These settlements have become a way for governments to enrich themselves in much the same way the police did when they seized large sums of cash from people on the suspicion that it was drug money.” And Jim Nichols of Georgia weighed in: “It appears to me that any monies paid by banks to settle a lawsuit that is based on damage to consumers should go to repairing the damage to consumers cited in the lawsuit (after expenses). That is not what is happening.”
This daily briefing is named "The 10-Point" after the nickname conferred by the editors of The Wall Street Journal on the lead column of the legendary "What's News" digest of top stories. Technically, "10-point" referred to the size of the typeface. The type is smaller now but the name lives on.
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Copyright 2016 Dow Jones & Company, Inc. All Rights Reserved.   

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