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

The Wall Street Journal
Good morning,
Hollywood Brawl
The power struggle atop Sumner Redstone’s $40 billion media empire intensified yesterday as two longtime lieutenants sued his daughter, accusing her of manipulating the aging mogul to stage a coup. Viacom CEO Philippe Dauman and George Abrams, a Viacom director, filed a lawsuit against Vice Chairman Shari Redstone seeking to invalidate their removal from a seven-member trust that will oversee Mr. Redstone’s nearly 80% voting stakes in Viacom and CBS when he dies or is incapacitated. The complaint included sobering descriptions of Mr. Redstone’s health, though last fall Mr. Dauman had described Mr. Redstone as “engaged and attentive” in an affidavit. The suit is the latest twist in a Hollywood saga that has included boardroom intrigue, family politics, the grievances of an ex-girlfriend and a continuing mystery over the precise condition of the man at the center of the infighting.
Stuck in the Backfield
Hillary Clinton faces a dilemma in broadening her appeal to the general-election crowd, writes our Washington bureau chief Gerald F. Seib. There is a natural opening for her in the ideological center, one that Donald Trump may be making more available than usual, but she has been pushed to the left by Sen. Bernie Sanders. With the Democratic nomination in reach, Mrs. Clinton is taking steps to consolidate support in the party’s base by wooing Mr. Sanders’s backers and rallying labor groups to her campaign. Meanwhile, her campaign is now delivering attacks on Mr. Trump on a near daily basis. And a new Wall Street Journal/NBC News poll shows that Mrs. Clinton and Mr. Trump share a defining asset that is fueling support for both in the 2016 presidential race: voters’ animus toward the other candidate.
Mortgage Rejection
An appeals court dealt the Obama administration a major setback yesterday, overturning a civil mortgage-fraud case against Bank of America tied to the financial crisis. The appeals court panel threw out a $1.27 billion penalty against Bank of America over mortgages sold by its Countrywide unit and tossed out a $1 million civil penalty against Rebecca Mairone, a former executive at Countrywide who was one of the few individuals fined for alleged misdeeds during the crisis. The ruling raises the bar for the government to prove fraud against companies and individuals, weakening a weapon the Justice Department has used to push Wall Street to agree to big mortgage settlements. If it stands, the three-judge panel’s unanimous decision could affect the remaining investigations into crisis-era mortgage securities and encourage other firms to push back against prosecutions.
Shoulder to Shoulder
A common shoulder surgery has become a testing ground for novel painkilling techniques as doctors seek to reduce the use of prescription narcotics known as opioids. If nonaddictive painkilling techniques can be shown effective with rotator-cuff surgery, doctors hope they will be more widely adopted especially by orthopedic surgeons, who are among the most frequent prescribers of opioids. The techniques might include injecting a nonaddictive anesthetic at the base of the neck to block pain signals, or sending a patient home with a catheter implanted under the skin to deliver doses of anesthetics for several days. In other health news, we report on an epidemic of burnout in Germany and whether attention-deficit hyperactivity disorder in adults is distinct from the condition diagnosed in children.
Second Thoughts
That Was Painless
China’s government said it would loosen its hold on the yuan last August, but minutes of closed-door meetings show the country’s leaders lost interest in making the yuan’s value more market-based.

Asian-American Groups Seek Investigation Into Ivy League Admissions

Baltimore Police Officer Acquitted in Trial Over Freddie Gray Arrest

U.S. Lifts Arms Embargo on Vietnam

Iraqi and Coalition Forces Pound ISIS in Fallujah

Bayer Makes $62 Billion Bid for Monsanto

Facebook to Revamp ‘Trending Topics’ Feature to Reduce Bias Risk

Hedge-Fund Star Kyle Bass Slips on Oil

Shanda Group Accumulates 11.7% Stake in LendingClub
The number of banks against which a U.S. appeals court yesterday reinstated private antitrust lawsuits for allegedly rigging Libor interest rates.
We are not re-entering the day-to-day combat operations that are currently being conducted by Afghan forces.
President Barack Obama said the death of the Taliban’s leader in a U.S. drone strike didn’t constitute a shift in the U.S. mission against the insurgent group in Afghanistan.
Going back to our story above, what are your thoughts on the power struggle within Viacom? Send your comments, which we may edit before publication, to Please include your name and location.
—Compiled by Margaret Rawson
Responding to yesterday’s question on a WSJ/NBC poll showing Hillary Clinton’s lead over Donald Trump narrowing, William E. Hall of Virginia wrote: “As we’ve seen this entire election cycle, what has been considered ‘normal’ in politics is not normal this time around. As such, where ‘normal’ politics would expect to see Mrs. Clinton get a ‘bump’ in the polls once she becomes the nominee, this may not hold true. After all, she’s been the ‘presumptive nominee’ since she got into the race, and yet her poll numbers keep heading down.” James J. Hyland of Wisconsin commented: “In the last Presidential election, the GOP nominee let the other side define the narrative and he lost. This time around, the presumptive GOP nominee has defined the narrative, a narrative that appeals to more voters than the decades old Democratic orthodoxy.” And Phil Conkling of New York weighed in: “National polls in May mean as much as World Series predictions in May. Swing-state polls after Labor Day? Those matter.”
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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