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

The Wall Street Journal
Good morning,
Judgment Call
Donald Trump, facing mounting criticism from allies as well as adversaries over his attacks on a federal judge’s ethnicity and supposed bias, on Monday held a conference call to urge his supporters to stick with him in the fight. The most recent Trump controversy is unique, notes our Washington bureau chief Gerald F. Seib, as it has caused fellow Republicans who recently rallied to his side to speak out, in some cases forcefully. Meanwhile, Hillary Clinton secured the delegates needed to clinch the Democratic nomination Monday night, according to a tally by the Associated Press. The former secretary of state had been expected to win the necessary delegates in today’s contests in California and five other states, but a last-minute show of support from a number of superdelegates pushed her across the finish line a day earlier.
Disappearing Deposit
U.S. investigators are trying to determine whether Goldman Sachs broke the law when it didn’t sound an alarm about $3 billion the bank raised via a bond issue for Malaysian state investment fund 1MDB. Days after Goldman sent the proceeds into a Swiss bank account controlled by the fund, half of the money disappeared offshore, with some later ending up in the prime minister’s bank account. The bank, which hasn’t been accused of wrongdoing, says it had no way of knowing how 1MDB would use the money it raised. Investigators are focusing on whether the bank failed to comply with the U.S. Bank Secrecy Act, which requires financial institutions to report suspicious transactions to regulators. The 1MDB fund is the focus of probes into alleged corruption in at least seven countries.
Just Don’t Do It
Nike is playing hardball to keep its top athletes under contract. The world’s biggest sportswear maker is suing one of America’s best Olympic running prospects, alleging that he violated his swoosh endorsement deal when he agreed to a sponsorship with New Balance and declined what Nike described as a matching offer. Just weeks ahead of the trials to determine the U.S. squad for the Summer Games, Nike is seeking a temporary restraining order that prevents Boris Berian—the world indoor 800-meter champion—from competing in any non-Nike gear. Though the sportswear maker is known for its aggressive pursuit of athletes, such a lawsuit is unusual and shows how much the company wants to avoid having another potential star run with a competitor’s logo. Mr. Berian has withdrawn from two upcoming races and may skip the Olympic Trials starting July 1.
No Gifts, Please
The next time you plan to bring a bouquet to a friend in the hospital, check the visitor policy first. Health-care facilities are tightening restrictions on where flowers, plants, balloons and other cheery items are allowed, citing concerns about the potential for infection, among other risks. While most intensive-care units have been no-flower zones for decades, many hospitals now have banned latex balloons out of concern for latex allergies, and some are extending limitations to ICU step-down units, cardiac-care units, labor and delivery units, and pediatrics. In other health news, we report on the rise of overuse injuries in teenage baseball players; research on warning signs that may predict suicide risk; new hospital programs helping parents cope with stillbirth and infant death; and a phone test that screens adults for hearing loss.
TODAY'S VIDEO
Hip-Hop History
That Was Painless
The rap songs in composer Lin Manuel Miranda’s Broadway smash “Hamilton” are about more than just the Founding Fathers. We created an algorithm to break down how characters’ lines and rhymes offer clues about their personalities and pay homage to hip hop artists of the past.
TOP STORIES
U.S.

Yellen: No Rate Rise Until Economic Outlook Clears

Freddie Gray Case Puts Focus on ‘Depraved Heart’ Murder Charge
WORLD

U.S., China Find Common Ground Elusive at High-Level Talks

Islamic State Members From the West Seek Help Getting Home
BUSINESS

Viacom’s Paramount Stake Sale Hits Wall

Gilead’s New CEO Faces Pressures on Hepatitis C Pills
MARKETS

Millions of New Vehicles in India Give Oil Prices a Lift

SEC Moves to Curb Leveraged ETFs
NUMBER OF THE DAY
$194 million
The amount T. Rowe Price will pay to thousands of clients as compensation for a proxy-voting blunder, a rare level of atonement in the money-management world. The mutual-fund company, one of America’s largest, inadvertently voted in favor of, rather than against, Dell’s management buyout in 2013.
QUOTE OF THE DAY
I’ve taken a partner...He doesn’t know what he’s in for.
Ralph Lauren, in an interview last September, joked about Stefan Larsson being named chief executive of Ralph Lauren, a post that Mr. Lauren had held for the company’s entire 49-year history. Mr. Larsson is expected to unveil a new corporate strategy today. We profile the company’s painful upheaval as it faces a litany of industrywide woes.
TODAY'S QUESTION
Going back to our story above, what are your thoughts on Mrs. Clinton securing the delegates needed to clinch the Democratic nomination? 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 higher rate of alleged cheating by foreign college students in the U.S., Caroline Jones of Georgia wrote: “I am a junior at Georgia Tech, and I must say that of all the accounts of cheating I have heard of from friends or TAs, most of them involve foreign students. This may be due to the fact that the majority of engineering students in my classes are foreign...It also seems that foreign students are under more pressure to do well in school, given their distance from home and potential sacrifices made to have an American education.” Augusta Era Golian of Texas commented: “If grades and degrees are to maintain their value, everyone needs to be on a level playing field. The cheating needs to stop. The schools need higher English proficiency requirements and tough enforcement policies. Of course, better funding would make the whole situation easier to handle.” And Douglas Leng of Michigan weighed in: “If a person is caught cheating they must be led to fully understand that cheating is totally unacceptable. If a second cheating event occurs, they should be dismissed from the college or university and deported back to the country of origin.”
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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