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

The Wall Street Journal
Good morning,
Health Risk
At President Trump’s urging, Republicans are expected to take a high-stakes gamble today, bringing to the House floor a GOP bill to replace the Affordable Care Act without knowing whether the vote will produce a victory or an embarrassing defeat. House GOP leaders had postponed a planned vote Thursday as defections accumulated both among the most conservative lawmakers and Republican centrists, even after a day of intense lobbying by Mr. Trump. With the party divided on how to proceed on one of its top priorities, White House budget director Mick Mulvaney delivered an ultimatum from the GOP president to a meeting of House Republicans on Thursday night: Mr. Trump was done negotiating. If the bill failed on Friday, he said, Mr. Trump would leave the 2010 health law in place and move on.

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Known Attacker
Police confirmed that the suspected Islamist terrorist who carried out the deadly rampage outside Parliament in London on Wednesday was Khalid Masood, a 52-year-old British-born man whose birth name was Adrian Russell Ajao and who had previous convictions but wasn’t the subject of any current investigations. They also said the attack had claimed another life, a 75-year-old man who died from injuries sustained in the assault. Police said that overnight they had made two “significant” arrests in connection with the attack and have detained 10 people in relation to the attack. One of them, a woman, has since been released on bail. Born southeast of London, Masood had been living most recently in the Birmingham area, which quickly became a focus of the investigation. While U.K. authorities had no prior intelligence about Masood’s intent to mount a terrorist attack, he was known to police and had been convicted on a range of offenses unrelated to terror, police said, most recently in 2003 for possession of a knife.
Closing Shop
High-profile investor Eric Mindich is closing his $7 billion hedge fund, Eton Park Capital Management, as poor performance weighs on even longtime stars. Mr. Mindich, who at the age of 27 became the youngest partner in Goldman Sachs’s history, started his fund in 2004 to frenzied investor interest. At the time, the firm’s $3.5 billion launch was one of the largest in history. But the hedge-fund business has run into trouble lately. Eton Park lost more than 9% last year, even as the S&P 500 posted a return of nearly 12%, including dividends. It is unusual for a firm the size of Eton Park to close, but Mr. Mindich said the firm could no longer sustain its strategy of investing in many markets and investments across the globe.
Only in New York
A financier under house arrest. Beyoncé swarmed by paparazzi. Accusations of a stolen Warhol self-portrait. On a 20-block stretch just off Manhattan’s Central Park, where some of the world’s richest industry titans, business scions and hedge-fund moguls live, paying millions for one of the world’s most expensive homes doesn’t always ensure security and quiet. Four buildings along one corridor have homeowners whose collective net worth could finance a NASA shuttle mission. These high-rises fall into two categories: grand, prewar, cooperative apartments that were once the domiciles of Rockefellers and Vanderbilts; and glassy, glitzy condos loaded with amenities like screening rooms and room service from Le Cirque. But even the ritziest buildings aren’t immune to market forces. We provide a snapshot of four of Manhattan’s most exclusive addresses.
TODAY'S VIDEO
Alarming Data
That Was Painless
The death rate for a broad sector of the U.S. white adult population continues to rise at a startling rate. Driving the uptick are increases in “deaths of despair”—from drugs, alcohol-related liver diseases and suicide, as well as a slowdown in progress against death in middle age from heart disease and cancer, the nation’s biggest killers.
TOP STORIES
U.S.

Suspect Arrested in Threats Against U.S. Jewish Centers

House Intelligence Committee Clash Over Nunes Clouds Future of Probe
WORLD

Safety vs. Privacy: U.N. Pushes for Cockpit Cameras, a Move Pilots Have Long Resisted

Venezuelan Women in Labor Cross to Colombia to Give Birth
BUSINESS

Theranos Offers Shares for Promise Not to Sue

Disney Extends CEO Robert Iger’s Tenure to 2019
MARKETS

0% Financing Deals Bite Back Retailers as Fed Raises Rates

What Comes After the Trump Trade for Markets?
NUMBER OF THE DAY
$62.7 million
Valeant CEO Joseph Papa’s compensation last year, after he was tapped to take over the struggling drug company. Under Mr. Papa, Valeant has been working to sell off assets to sharpen the company’s focus while paring down roughly $30 billion in debt.
QUOTE OF THE DAY
I’m very worried. ...Russian activity across Eastern Europe has gone to a new level.
Rosen Plevneliev, a Kremlin critic and former president of Bulgaria, on Bulgarian officials saying a former Russian spy advised a pro-Moscow party on how to manipulate voters as part of a Kremlin effort to regain influence in Eastern Europe.
TODAY'S QUESTION
Going back to our video above, what are your thoughts on the increasing mortality rate among white Americans? 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 Rep. Devin Nunes’s comments on Mr. Trump’s claims that he was spied on by the Obama administration, Lee Alcott of Florida said: “Just when it looked as if it could not get any more political or cynical, Mr. Nunes did just what the GOP has been railing about. He cites an unnamed source which apparently only came to his attention over the prior two days. He undermines any whiff of independence and shows that while Mr. Trump may be Vladimir Putin’s puppet, Mr. Nunes is Mr. Trump’s. A sad day for our democracy.” Shari Reed of New Mexico wrote: “Mr. Nunes didn’t help clarify the Russian connection or the leak problem. He merely muddied the investigation with probably irrelevant information. His obvious intent was to help Mr. Trump by confusing the public even more.” And Stewart D. Cumming of California commented: “The partisan bickering, which is by far an understatement, has led to a perceived necessity by both major political parties to get their version of facts out first. When you have ranking members of the House Intelligence Committee from both sides of the aisle leaking information about an ongoing investigation to their respective camps, the ability of our government to function is severely compromised.”

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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