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

The Wall Street Journal
Good morning,
Oil Slick
Oil prices slid earlier today after producers that supply nearly half of the world’s output ended their meeting in Doha over the weekend without reaching an agreement to cap production. Expectations for a deal among major producers, including several from OPEC and Russia, were a main driver in a rally over the past few weeks that had raised U.S. crude prices by more than 50% from their February lows. At the Qatar meeting, Saudi Arabia surprised the group by reasserting a demand that Iran also agree to cap its oil production. While oil markets could be disappointed by the failure to freeze output in the short term, with steep falls in crude prices also weighing on equity markets more generally, the longer-run impact could well be blunted by the reality that low prices are already pushing out many cash-strapped producers, making a formal freeze less important. Global stocks pared losses this morning after following the oil prices lower.
Dilma on the Brink
In a historic and emphatic repudiation of President Dilma Rousseff, Brazil’s lower house of congress voted yesterday to impeach the embattled leftist leader, whose popularity has plunged as the nation has sunk into recession and political paralysis. The country’s Chamber of Deputies reached the necessary threshold of 342 votes to move the impeachment proceedings to the Senate. The upper house will now decide in coming days whether she should stand trial for allegedly violating Brazil’s budget laws by disguising fiscal deficits. If a simple majority in the Senate now votes to proceed with a trial, Ms. Rousseff will be obliged to step aside for 180 days while the trial takes place. The odds of her succeeding in the Senate look bleak. We take a look at her career and legacy.
America’s Trumpiest County
Buchanan County, Va., where Donald Trump won the highest percentage vote of any county so far, provides a clearer picture of why the GOP front-runner inspires supporters and poses problems for his rivals. We take a close look at the white, working-class enclave in Virginia’s southwest, gleaning important lessons for New York’s primary tomorrow. Meanwhile, both parties’ presidential front-runners are growing increasingly unpopular, our new poll finds, with Hillary Clinton showing an especially steep decline over the past month. And Republican voters overwhelmingly reject the idea of GOP convention delegates’ choosing a presidential nominee who hasn’t run in the 2016 primaries. Though the GOP presidential primary remains as unsettled as ever, Mr. Trump received a warm welcome in Staten Island yesterday, while Mrs. Clinton and Sen. Bernie Sanders sparred across the city.
Sensory Overload
Wearables are no longer in their infancy, writes our personal technology columnist Christopher Mims. Techies and manufacturers slap the label “wearable” on a broad swath of devices, doing a disservice to both users and the industry behind it. There is no such thing as a one-size-fits-all wearable, and there may never be, as we use them to address a wide range of wants and desires, from controlling smart objects at a touch to monitoring stress. Some sensors don’t work well on the wrist, and, as they multiply, it will make sense to distribute them across our bodies. The idea that we should have, or even want, one wearable that does everything—like a feature-packed smartwatch—is probably wrong. Instead the future of wearables is likely more of them, everywhere.
TODAY'S VIDEO
Breathe More Easily
That Was Painless
Faced with high levels of pollution, some Chinese consumers have moved beyond stocking up on home air purifiers and strap-on face masks and are trying to breathe better with second-generation gadgets.
TOP STORIES
U.S.

Supreme Court to Hear Case on Protecting Illegal Immigrants From Deportation

Alaska’s Permanent Fund Loses Its Sacrosanct Status
WORLD

China Calms Anxiety With Economic Fixes

Ecuador Searches for Victims After Powerful Quake
BUSINESS

U.S. Considers Role of Banks, Sponsors in Soccer Bribery Probe

Amazon Ups the Ante on Streaming Video
MARKETS

Record for Stocks: So Close but Hard to Reach

Emerging Markets Get Surprise Lift
NUMBER OF THE DAY
$777 million
The amount big U.S. banks added to their reserves for soured loans in the first quarter. The builds, a sharp increase from the prior period, are driven largely by worsening credit conditions among energy-industry borrowers.
QUOTE OF THE DAY
Verizon is trying to pivot its business from analog to digital.
Craig Moffett, senior analyst at MoffettNathanson, a telecommunications-research firm, on Verizon’s bid to purchase Yahoo’s declining Web assets to fold them into its fledgling digital media business.
TODAY'S QUESTION
Going back to our story above, what are your thoughts on the presidential front-runners of both parties growing increasingly unpopular? Send your comments, which we may edit before publication, to 10point@wsj.com. Please include your name and location.
—Compiled by Margaret Rawson
READER RESPONSE
Responding to Friday’s question on Microsoft suing the Justice Department, Arleen Zank of Virginia wrote: “If the government wants public support for accessing encrypted data when they have a valid search warrant, they need to protect the personal data it holds on citizens and stop sneaking around in their digital property. Don’t ask cloud service companies to help with illegal searches of the property by hiding the access from the data’s owner.” Colin Turner of Florida commented: “Our government has become an intrusive bully that uses its power, endless funding stream and supply of government lawyers/regulators to oppress citizens; of which only those of significant means can fight.” And Stewart D. Cumming of California said: “Personal information is only private when you keep it private. The use of another’s servers to store your data makes that information no longer private. Tech companies have unwittingly opened a door on their customers’ personal lives that will be hard to close as it is impossible to assert that information you have willingly shared with a third party is truly private...If users had read the fine print carefully they would have realized that information shared was no longer solely under their control.”
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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