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

The Wall Street Journal
Good morning,
Round One
Hillary Clinton and Donald Trump clashed last night in one of the most eagerly awaited presidential debates in modern political history, offering dramatically different visions of how they would lead. Mrs. Clinton repeatedly managed to put Mr. Trump on the defensive on his business record and tax returns and avoided being knocked off her own message. Mr. Trump, meanwhile, seemed at times distracted and gave some curious answers to questions. And he appeared to miss key opportunities to bash the Democratic nominee. In the early stages he landed some blows on Mrs. Clinton’s shifting position on trade, but he spent little time on questions about her email practices at the State Department and there was no discussion at all of the controversies surrounding the Clinton Foundation. If presidential debates are supposed to illuminate differences and get candidates to engage directly and critically, this one did its job almost from the outset, writes our Washington bureau chief Gerald F. Seib. The sparring eliminated any doubts that Mrs. Clinton was willing to get into attack mode with Mr. Trump. We tracked which topics the candidates discussed, and we fact checked their statements. Stocks rose, the Mexican peso soared and haven assets retreated today as investors scored the debate in favor of Mrs. Clinton, with many believing markets would be lifted in the short term if she won.
Banking Pressure
Intensifying concerns about Deutsche Bank’s financial health caused the German lender’s shares to drop yesterday and pushed it into the awkward position of denying that it had sought help from the German government. Shares in the bank, a linchpin of Europe’s financial system, tumbled 7.5% in European trading, closing at their lowest price in decades. They have fallen 53% this year, whittling Deutsche Bank’s market value to about $16 billion. The concerns—voiced by a number of analysts and investors—center on whether Deutsche Bank would need to raise capital to fortify its finances. The latest source of pressure is the possibility of a multibillion-dollar legal settlement with the U.S. Justice Department. The mounting worries threaten to put the German government, which has railed against taxpayer-financed banking rescues in other European countries, in a tricky position. Meanwhile, the Justice Department is investigating Standard Chartered over allegations that an Indonesian power company controlled by the London-based bank paid bribes to win contracts.
Price Check
Mylan on Monday clarified the profit it said it made from its lifesaving EpiPen drug, days after House members questioned the company’s chief executive on the device’s steep price increases. Testifying before a congressional committee last week, CEO Heather Bresch said Mylan’s profit was $100 for a two-pack of the injectors, despite a $608 list price. Mylan said yesterday that the profit figure presented by Ms. Bresch included taxes. The company substantially reduced its calculation of EpiPen profit by applying the statutory U.S. corporate tax rate of 37.5%—five times Mylan’s overall tax rate last year. Without the tax-related reduction, Mylan’s profit on the EpiPen two-pack were about 60% higher than the figure given to Congress, or $166, it said in a new regulatory filing to the SEC.
Lean In
Men and women work side by side, tackling the same business problems, sitting through the same meetings and walking the same hallways. But a new study by LeanIn.Org and McKinsey suggests that the common ground ends there. The odds for advancement vary widely and corporate careers come in two flavors: his and hers. Our Women in the Workplace report tackles how men and women see the workplace differently, what happens when more women hold power, how employers are making pay equity a reality, the case for day care at the office, whether high-finance can be family friendly, and more. Women are increasingly leaning in, writes Facebook COO and LeanIn.Org founder Sheryl Sandberg, but they face social pushback.
Little Ninjas
That Was Painless
The TV show “American Ninja Warrior” is inspiring children to create ninja workouts of their own and to take classes at specially designed obstacle course gyms.

U.S. Murders Increased 10.8% in 2015

Alleged Washington State Mall Shooter Charged With Five Counts of Premeditated Murder

Bank of Japan Tries Another Way to Spur Inflation

Syrian Regime Presses Aleppo Offensive

Pfizer Throws Out Plan to Split Into Two Companies

U.S. Companies Turn to German Training Model to Fill Jobs Gap

Hedge Funds Take Another Punch to Gut

Bank of Japan Confesses: Even We Don’t Trust the Bank of Japan
$3.2 billion
The amount CBOE Holdings announced it will pay in a cash-and-stock offer for Bats Global Markets, a largely unexpected deal that would create a new global exchange behemoth to rival the likes of New York Stock Exchange owner Intercontinental Exchange, Nasdaq and CME Group.
Colombians, this horrible night is over...Let us open our hearts to this new dawn. The dawn of peace.
Colombian President Juan Manuel Santos on signing a 297-page peace accord, along with the leader of the country’s largest rebel group, to end a half-century conflict that killed more than 220,000 people. Colombians still have to approve the pact in a plebiscite on Sunday.
Going back to our story above, which candidate do you think performed better in the presidential debate? 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 the changes taking place in emergency medical services, Robert J. Boyd of Massachusetts wrote: “It is encouraging to hear of improvements occurring in EMT responses to emergencies. These are overdue, and necessary to provide optimal care of those injured. Triage decisions appropriately should be made at the time emergency calls are received...Clearly the most skilled and highly trained personnel are needed in these jobs. Any added costs will very likely be more than compensated by expected savings of such efforts if done properly.” Slade Howell of North Carolina commented: “Improvements in digital communication between EMS personnel and hospital emergency physicians have resulted in measurably enhanced care. However, many aspects of the EMS program have resulted in ‘no gain’, such as compensation tied to transporting the patient to the hospital, an incentive that leads to wasted resources, unnecessary transports and clogged emergency rooms. Also the advent of highly specialized technical medical equipment available to EMS personal, in many cases, results in delays transporting the patient to the hospital, and results in increased morbidity and mortality.”
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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