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

The Wall Street Journal
Good morning,
The Son-in-Law Also Rises
President-elect Donald Trump is hiring his son-in-law, Jared Kushner, as a senior adviser in the West Wing, elevating him to be one of the most influential figures in the administration. In an effort to avoid financial conflicts of interest, Mr. Kushner plans to sell most of his sizable portfolio to family members and others. He won’t take a salary and will resign his positions as chief executive of the Kushner real estate organization and as publisher of the New York Observer newspaper. But another potential hurdle is a federal anti-nepotism statute. His attorney concluded the law doesn’t bar him from serving, but others disagree. In other transition news, we look at Rex Tillerson’s negotiating style, honed over years at the head of Exxon Mobil, which shows an occasionally theatrical executive determined to hold the course. The Senate is expected to consider Mr. Tillerson’s nomination as secretary of state on Wednesday.

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Too Close for Comfort
According to American pilots, the skies above Syria are an international incident waiting to happen. For months U.S. and Russian jets have crowded the same airspace fighting parallel wars, with American pilots bombing Islamic State worried about colliding with Russian pilots bombing rebels trying to overthrow Syrian President Bashar al-Assad. Russian warplanes, which also attack Islamic State targets, are still flying daily over Syria despite the recent cease-fire in Moscow’s campaign against the anti-Assad forces, according to the U.S. Air Force. We report that although the U.S. and Russian militaries have a year-old air safety agreement, American pilots still find themselves having close calls with Russian aviators either unaware of the rules or unable or unwilling to follow them consistently.
Candy to Canines
The company that has given consumers M&M’s chocolates and Skittles for years is making a bid to dominate the fast-growing pet-care business with a $7.7 billion purchase of veterinary and dog day-care company VCA. Privately held Mars owns a substantial pet-food business dating back to 1935, with brands such as Pedigree, Iams and Royal Canin. The company said on Monday that it was making a deeper foray into the pet-care industry, which would expand its breadth to include everything from kibbles to kidney transplants for cats. While Mars is likely to remain mostly known for candy such as Snickers and Twix, its pet-care division, with the addition of VCA, would contribute more than half of the combined company’s $37 billion in annual sales.
Tide Rolled Back
Clemson became the first school this season to upset Alabama in the U.S. College Football Playoff national championship on Monday. The no. 2 seed won 35-31, completing a stunning comeback in the second half and scoring the go-ahead touchdown with exactly one second left. It was Clemson’s first national championship since the 1981 season. It also spoiled what many around the sport expected to be an Alabama coronation, destroyed the Crimson Tide’s hopes of winning its fifth title in eight years and postponed Alabama coach Nick Saban’s bid to equal Bear Bryant’s six championships for at least another season. “To be honest with you, I don’t think there’s another team out there that’s capable of beating Alabama,” Clemson coach Dabo Swinney said before the game. He was right.
TODAY'S VIDEO
Fallen Monument
That Was Painless
Massive storms stretching from Northern California to Nevada caused water to surge in areas that don’t typically get much rain. One casualty of the storms was a giant sequoia known as the “Pioneer Cabin Tree.”
TOP STORIES
U.S.

Obama Administration Takes Aim at Some For-Profit Colleges

Russian Hacking Report Complicates Donald Trump’s View of World Order
WORLD

Attacks on Car Exports Put Vital Mexican Sector at Risk

Venezuela Opposition Censures Maduro in Last-Ditch Bid to Counter Him
BUSINESS

FBI Arrests Volkswagen Executive in Emissions Scandal

Nuclear Plants Fall Victim to Economic Pressures
MARKETS

Three Economists Walk Into a Bar

Natural Gas Falls on Warmer Weather Forecast
NUMBER OF THE DAY
80%
The stake McDonald’s is selling in its China operations to a group that includes Citic, its investment-management arm Citic Capital Holdings and U.S. private-equity firm Carlyle Group. McDonald’s was one of the first American brands to strike gold in China, but Chinese consumers have become more skeptical of fast food after a number of food-safety scares.
QUOTE OF THE DAY
We really thought it was going to be key to our survival.
Mike Croteau, a former union leader at the Madison Paper Industries mill in rural Madison, Maine, which pinned its hopes in 2015 on an import tariff on a type of magazine paper made in Canada. The plant closed months later.
TODAY'S QUESTION
Returning to our story above, what are your thoughts on the tensions with Russia over Syria’s crowded skies? 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 pressure U.S. auto makers are facing from Mr. Trump, Peggy Burns of Maryland commented: “I think it’s time to invest in auto re-sellers like CarMax because the price of any new car is likely to skyrocket-no matter where the auto makers get parts or do assembly. Goals targeted at large employers to encourage creating new U.S. jobs are fine, but prescribing exactly how to do that is irrational.” Sidney Heath of Florida said: “Most Americans do not understand how important the manufacturing jobs are. These jobs are the linchpins up the supply chain that lead all the way to research and development. These high-skill, high-paying jobs are what are being lost to China and Mexico. These jobs will come back with the efforts of Mr. Trump.” And Norman Blanton of Oklahoma wrote: “The pressure is probably more the worry of negative press if Mr. Trump calls them out. The other factor is the belief that the tax and regulations will probably improve under a Trump administration.”

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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