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

The Wall Street Journal
Good morning,
Belief Suspended
Donald Trump broke with convention and refused Wednesday to commit to respecting the results of the presidential election if Hillary Clinton wins, hinting at a challenge to a core principle of American democracy. “I will tell you at the time. I will keep you in suspense,” he said at the third and final presidential debate when asked if he would support the winner even if it wasn’t him. Mr. Trump said Mrs. Clinton’s very candidacy was proof of conspiracy against him, citing her improper use of private email as secretary of state. Reaction to his claim of a “rigged” election was swift, and negative, from some quarters. After a sedate start to the debate, the tenor of the evening changed when Mr. Trump took Mrs. Clinton’s bait on immigration and began punching back, along with his refusal to commit to accepting the election outcome. Still, after another fierce debate and all of this year’s election turmoil, we report that public views of the two candidates have wound up right where they were in January.

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Keys to the Kingdom
Banks and investors flocked to buy Saudi Arabia’s first global bonds on Wednesday, a milestone in the giant oil producer’s efforts to diversify its economy and embrace global financial markets. The $17.5 billion sale, the largest-ever debt sale by a developing country, marks a crucial step for the kingdom as it undertakes an ambitious plan to move away from decades of dependence on oil revenue, which has fallen in recent years along with the global crude price, and to accelerate growth in its private sector. Strong demand for the debt, sold primarily to U.S. investors in a private placement and to Asian institutions, allowed the Saudis to reduce the yields below initial marketing plans. The sale is the latest in a flurry of efforts by Saudi officials seeking to close a widening budget gap that the government expects to reach $87 billion this year.
Channel Swap
Google reached an agreement with CBS to carry the broadcast network on its soon-to-be-launched web TV service. The deal made CBS the first major TV network to sign on to the new service, which will be housed on Google’s YouTube platform and is likely to premiere in early 2017. Dubbed Unplugged, the venture aims to be a low-cost option targeting consumers who have resisted subscribing to traditional pay-TV or cut the cord because of rising subscription costs. Google is looking to offer a “skinny” bundle of live TV channels with a price in the range of $25 to $40 a month. Meanwhile, AT&T is preparing to roll out an internet video service called DirecTV Now that will stream dozens of live channels to TVs and mobile devices without the need for a satellite dish, cable box or annual contract.
Fit to Shrink
Appliance makers’ big new pitch is small. After years of touting supersize ovens, hulking refrigerators and ever-larger washers, manufacturers are rethinking. Now, new kitchen and laundry appliances emphasize high performance in smaller, more versatile sizes. Microwaves, refrigerators and dishwashers come in small drawers, while a two-in-one washer and dryer can tuck inside a closet. The move chases two major shifts under way in U.S. households: More people are moving to smaller homes, and more owners of sprawling homes want appliances in rooms beyond the kitchen. Spending on kitchens is expected to rise as the two biggest generations in the U.S., millennials and baby boomers, form new households and retire. And when it comes to appliances, smaller sizes don’t necessarily shrink the price tag.
TODAY'S VIDEO
Robotic Brewing
That Was Painless
The internet-connected PicoBrew Pico home-brewing machine takes pods of grain and hops and turns them into beer. But, as our Personal Technology columnist Geoffrey A. Fowler learned, there is still room for human error.
TOP STORIES
U.S.

When Tech Bites Back: Innovation’s Dark Side

John McCain Finds Arizona Senate Race Isn’t a Lock
WORLD

Iraq Troops Ordered to Pause Mosul Advance

U.S. Builds Force to Retake Islamic State’s Syrian Headquarters
BUSINESS

Driver-Screening Firms Draw Scrutiny

Lotte Chairman, Family Members Charged With Embezzlement, Tax Evasion
MARKETS

Platinum Partners’ Flagship Hedge Fund Files for Bankruptcy

Can This Woman Save Wells Fargo’s Consumer Banking Business?
NUMBER OF THE DAY
5.6%
EBay’s rise in quarterly revenue in a third straight quarter of sales gains as a new initiative to transform the online retailer’s search results and image seems to be starting to pay off.
QUOTE OF THE DAY
Almost everybody now is dependent on tramadol.
Ibrahima Amadou, a physician in Garoua, Cameroon, on the addictive synthetic painkiller that some studies say is as powerful as morphine but remains unregulated on the recommendation of the World Health Organization, helping spread abuse and addiction in the developing world.
TODAY'S QUESTION
Going back to our story above, what did you think of the final presidential debate? 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 WikiLeaks’ recent actions, Anne Stevenson of California wrote: “How sad that it takes a rogue hacker to reveal the sleazy campaign techniques and contemptuous views of the American people held by the campaign operatives. When there are so many important issues to be debated, this glimpse of the planners reveals what they are really doing: plotting yet more cover-ups.” Terry Lease of Florida said: “Now that Wikileaks’ victim is a so-called progressive cause, Ecuador discovers a reluctance to interfere in another country’s domestic politics, and Mr. Assange becomes nothing more than a useful idiot. It will be interesting to see if he learns his lesson, releases the right types of leaks and is reinstated as a hero of the people.” And Rex Cumming of Texas weighed in: “Mr. Assange has stooped to using stolen private communications between well-meaning people to try to craft an agenda that serves himself and those he works for. Therefore, he’s lost relevance and has lost the high ground...He has turned into a multi-headed monster that is no longer about doing good for society.”
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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