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

The Wall Street Journal
Good morning,
Phone Charging
For the second time in a year, Google is facing charges from European regulators of abusing a dominant market position to bolster other parts of its business. The European Union has accused Google of using its Android mobile-operating system, which runs more than 80% of the world’s smartphones, to strong-arm phone makers and telecom companies into favoring its search engine and browser on their devices. One example: Google denies access to its Play Store, with more than one million apps, to phone makers that don’t meet its requirements. Changes to the company’s practices could have widespread impact. “If Google could write a $5 billion check to make this go away, they would do it now,” said one analyst. Meanwhile, regulators on this side of the Atlantic have taken a more benign view of Android.
The Trump Pivot
After notching a big win in New York, Donald Trump is planning to adopt more-traditional campaign tactics, including giving a policy speech on foreign affairs and using teleprompters and a speechwriter. He and his newly recast team, led by veteran political consultant Manafort, also are pledging to do more outreach to Washington Republican leaders. “The campaign is evolving and transitioning, and so am I,” the GOP front-runner said in an interview. “I’ll be more effective and more disciplined…I’m not going to blow it.” Still, Mr. Trump said that he wouldn’t substantially change his personal style and populist message at his huge rallies. Despite his delegate haul in New York, a series of potential potholes remain on his road to the nomination.
BlackRock Gets it Way
One firm seems to be getting what it wants in Washington. BlackRock’s crusade to avoid more aggressive oversight from the Fed celebrated a win on Monday when a U.S. panel advocated a closer examination of certain asset-management activities and products but not fresh scrutiny of large fund managers. BlackRock and rivals Vanguard and Fidelity will dodge for now the “systemically important” label. The firm’s ability to avoid tougher scrutiny is a sign of its increased sway in the capital. As recently as 2008, the world’s largest money manager spent nothing on lobbying, but is now one of Washington’s most powerful and prominent financial firms. Many U.S. officials had long been skeptical that branding a few asset managers a risk to the stability of the financial system was the best approach, but BlackRock didn’t take any chances.
All-Star Travelers
In the sport of travel, pro basketball and hockey writers compete at an Olympic level. They study airline and hotel loyalty programs as closely as offensive sets and trade rumors. They track cheap fares and upgrades, chart hotel price drops, share late-night and airport food strategies and time airport security lines in different cities. While players travel in style, sportswriters chase them around the country on tight budgets, and their travel gameplans can be instructional for all of us. One NHL reporter never checks a bag or gets on a plane without a bottle of water. An NBA veteran booked rooms in five different cities more than a month before playoffs, knowing that prices would soar as soon as the opponents and dates were set. Learn their tried-and-true strategies here.
TODAY'S VIDEO
Currency Swap
That Was Painless
Harriet Tubman will replace President Andrew Jackson on the front of the redesigned $20 bill, the Treasury Department announced yesterday. A woman hasn’t appeared on the nation’s paper money in more than a century.
TOP STORIES
U.S.

Three Officials Criminally Charged Over Flint Water Crisis

Supreme Court Upholds Arizona Voting Districts Drawn by Independent Panel
WORLD

Russia Moves Artillery to Northern Syria, U.S. Officials Say

Obama Lands in Saudi Arabia for Talks with Gulf Leaders
BUSINESS

Mobile and Cloud Shifts Slam Tech’s Old Guard

VW Nears a Deal to Buy Back Some Cars
MARKETS

Oil Firms Hit Pay Dirt

Loans for Weddings: Fintech Learns to Focus
NUMBER OF THE DAY
$2 billion
The value of frozen funds tied to Iran’s central bank that victims of terrorist attacks will now be able to collect, following the Supreme Court’s 6-2 decision yesterday.
QUOTE OF THE DAY
The people died in a matter of minutes…I saw my wife and my 2-month-old child die at sea, together with my brother-in-law.
An Ethiopian man after being rescued on Saturday by a merchant ship in the Mediterranean, according to the International Organization for Migration. Hundreds of migrants were feared drowned after their overcrowded boat sank off Libya’s coast, in what would be the deadliest disaster involving people trying to reach Europe this year.
TODAY'S QUESTION
Going back to our story above, what are your thoughts on Harriet Tubman replacing Andrew Jackson on the $20 bill? 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 yesterday’s question on the New York primary results, Nick Pernisco of Washington wrote: “The people have spoken clearly. It’s Hillary versus The Donald in November.” Martin Soy of California weighed in: “For once, no surprises. The real question remains: Can Mr. Trump be nominated on the first ballot? He will hemorrhage delegates once they are no longer obligated to vote for him.” Jacqueline Tillman Harty of Maryland opined: “The New York primary results go beyond the election numbers in importance for the Trump campaign. The stabilizing influence of a seasoned adviser, Paul Manafort, demonstrates that Mr. Trump knows what he doesn’t know, acts on that, and finds excellent personnel to help and advise him. Most important, he acts on the advice.” And David Lazarus of New Jersey shared: “Mr. Trump’s resounding victory was an affirmation of a brilliant populist strategy in Colorado that acceded a few delegates in exchange for labeling Sen. Ted Cruz as an insider.”
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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