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

The Wall Street Journal
Good morning,
In Transition
Another round of staff changes buffeted President-elect Donald Trump’s transition team Tuesday. Vice President-elect Mike Pence formally signed documents that put him in charge of the team, and officials insisted the 10-week effort to build an administration is on schedule. But former Michigan Rep. Mike Rogers, once considered a candidate to lead the CIA, was ousted, while Matthew Freedman, who was leading the group’s planning for the White House National Security Council, also departed. Mr. Rogers was told he was being replaced because everyone who was brought in by New Jersey Gov. Chris Christie, the team’s original chairman, was being pushed out. Meanwhile, the transition faced an early test as former New York City Mayor Rudy Giuliani, a leading candidate to lead the State Department, was targeted by Kentucky Sen. Rand Paul, a Senate Foreign Relations Committee member, who said he might oppose the nomination. In other political news, we report that House Minority Leader Nancy Pelosi delayed leadership elections scheduled for Thursday, giving a faction of unhappy Democrats until Nov. 30 to potentially build support for an opposition candidate. House Republicans, meanwhile, unanimously renominated House Speaker Paul Ryan.

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Between You and Me
Snap has confidentially filed paperwork for an initial public offering that may value the popular messaging platform at as much as $25 billion, a major step toward what would be one of the highest-profile stock debuts in recent years. The company, formerly known as Snapchat, made the filing with the SEC in recent weeks. An IPO, expected as early as March, could value Snap at between $20 billion and $25 billion, which would make it the largest U.S.-listed technology offering since Chinese e-commerce company Alibaba Group made its debut at a $168 billion valuation in 2014. Bankers and investors are optimistic that a successful debut for Snap would convince other bellwether tech companies to tap the IPO market, which has had a dismal year.
Boots on the Ground
Chinese President Xi Jinping’s quest to make his nation a military player on the world stage is provoking soul-searching as the country absorbs its first combat casualties in decades. We report on the deaths of China’s first combat troops killed in action since border clashes following its last war, with Vietnam in 1979, after which it espoused nonintervention in affairs abroad. When state television broadcast images of Chinese infantry under fire in Juba, South Sudan, struggling to save bleeding comrades, many viewers at home were stunned. There have been no public protests, and most Chinese still fiercely support the military. Still, on social media, in policy-making circles and in private conversations, Beijing is encountering the kind of doubts that have bedeviled other nations during military operations overseas.
Take Two
You’ve blown a job interview or presentation. What if you could get a do-over? A humble plea for a second chance sometimes reopens closed doors if it strikes just the right note, reports our Work & Family columnist Sue Shellenbarger. Email new evidence of your qualifications for a job. Apologize when you’ve misinterpreted a question, or send more information to clear up a misunderstanding. Do-overs for job seekers are rare, and the few who get a second chance make an argument that is both highly persuasive and humble. To gauge whether you might need a do-over, try to get a sense of the impression you made and what interviewers saw as your weaknesses. With a boss, you should avoid repeatedly asking for extra chances at the same task. And remember: Getting a do-over takes luck.
TODAY'S VIDEO
Under Fire
That Was Painless
A prolonged drought in the Southeast is sparking dozens of wildfires in the southern Appalachian Mountains, threatening homes and taxing firefighters as they evacuate people from the area.
TOP STORIES
U.S.

With Workers Scarce, More Home Builders Turn to Prefab Construction

Donald Trump’s Complex Businesses Bring Potential Conflicts of Interest
WORLD

Syria Regime and Aleppo Rebels Gird for Battle

Russia Resumes Airstrikes in Syrian Provinces
BUSINESS

Shoppers Ramp Up Spending Ahead of Key Holiday Shopping Season

Wal-Mart Tells Workers: Don’t Download Labor Group’s Chat App
MARKETS

Trouble Brewing in Commercial Real Estate

A Radical New Thought: Banks Are Growth Stocks
NUMBER OF THE DAY
11.3%
The percentage of all blood-test reports that Theranos provided to customers of Walgreens stores through a yearslong partnership between the two companies, and later allegedly voided, according to legal papers the drugstore chain filed Tuesday.
QUOTE OF THE DAY
Do you really want Facebook and Twitter deciding what you can talk about?
Karen North, director of the social-media program at the University of Southern California, on the increased pressure on Facebook, Twitter and Google to police what news content can be posted on their platforms, making them reluctant judges of what is misleading, hateful or true.
TODAY'S QUESTION
Going back to our story above, have you ever been afforded a second chance in a job interview or similar situation? 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 Mr. Trump’s appointments thus far, Mike Furlong of Alabama said: “While I am not fond of Mr. Trump and am afraid of how he will handle an office for which he seems ill prepared, I also believe he is owed the opportunity to assume the office and make it his before coming to any conclusions about his ability to select people to take on the task of advising and guiding him as president.” James J. Hyland of Wisconsin commented: “Prior to Mr. Trump’s victory, the death knell tolled for the GOP. Mr. Trump took charge and rewrote the narrative, which the GOP was incapable of doing itself over the last eight years. Mr. Trump’s new narrative brings new players. Some will succeed, some will fail, but none of his appointees will be milquetoast GOP’ers.” And Emily Jones of New York wrote: “His appointments aren’t surprising—I expected him to recognize those who joined the “Trump Train” during his campaign. However, now that they’ve been given a place on the transition team, it would be nice to see him make the rest of his appointments people who would be best for the job rather than his old friends. It would be nice to see more Condoleezza Rice types than Chris Christie and the gang.”

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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