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

The Wall Street Journal
Good morning,
Gerard Baker is away. Today’s 10-Point is by Deputy Editor in Chief Matt Murray. Follow him on Twitter @MurrayMatt.
Rules of Engagement
President Obama authorized the use of air power to defend a new U.S.-backed fighting force in Syria should it come under attack from Syrian government forces or other groups. The U.S. hasn’t yet used air power to help defend the new force against the regime, and military officials made clear they hoped that day would never come because of the risk it could lead to a direct conflict between the U.S. and the Assad government, which is backed by Russia and Iran. Meanwhile, Islamic State is wooing Kurdish fighters and some have been seduced. Kurdish rebels were suspected in two new attacks yesterday that left three Turkish soldiers dead.
Greener on the Other Side
Companies are souring on Delaware as a corporate haven. The most popular state for corporate registrations has challengers who say it doesn’t offer enough protections against shareholder lawsuits. Attorneys on the other side see things differently. “Corporate America is playing the boy who cried wolf,” said one lawyer, who sues companies on behalf of investors. Tensions brewed over a recent bill that could encourage shareholder suits and limit companies’ ability to weed out weaker ones. Its passage last month renewed grumbling among some general counsels, who talk of leaving the state for more management-friendly pastures.
Trump on Top
The Republican Party enters its most competitive presidential contest in a generation buffeted by forces largely beyond the control of party leaders. Our latest poll found Donald Trump ahead of the field, after generating weeks of news coverage for his incendiary remarks about Mexican immigrants, his rivals for the nomination and Arizona Sen. John McCain. The biannual Koch conference has set the stage for the busiest week yet in the nominating contest, with a candidate forum today in New Hampshire and the first major Republican presidential candidate debate on Thursday. Meanwhile, Democrat front-runner Hillary Clinton is set to air the first TV commercials of her presidential campaign.
Reality Check
Virtual reality is going to be much bigger, much more compelling, and much less trivial than its earliest adopters have so far envisioned, according to our tech columnist Christopher Mims. “We could soon be using VR in place of videoconferencing, not because it’s an adequate replacement for meeting someone face to face, but because it’s actually better,” he writes. And in other technological feats, tethered drones are using ultrastrong-but-lightweight cables connected to the ground to provide power, a data link and a physical restraint, giving them distinct advantages over their free-flying cousins.
TOP STORIES
U.S.

Obama’s New Climate-Change Regulations to Alter, Challenge Industry

Charleston Suspect’s Not-Guilty Plea Is Tactical Move
WORLD

Hunt for MH370: More Debris Found on Réunion Island

Canada’s Prime Minister Dissolves Parliament, Kicking Off Election Campaign
BUSINESS

Imports of Digital Goods Face Test

Alpha Natural Resources to Seek Chapter 11
MARKETS

Tech Firms Beware: Don’t Disappoint Investors

Spy Software Gets a Second Life on Wall Street
TODAY'S VIDEO
Ronda Rousey Defends UFC Title, Remains Undefeated
That Was Painless
Ultimate Fighting Championship star Ronda Rousey is still undefeated, after a 34-second knockout of Bethe Correia, who challenged her women’s bantamweight title. Photo: Ricardo Moraes/Reuters
NUMBER OF THE DAY
$5.2 billion
The price at which HSBC Holdings said it will sell its Brazil business to Banco Bradesco SA in an all-cash deal, as it continues to reshape its operations with an eye toward improving profits.
QUOTE OF THE DAY
National polls mean nothing…And unfortunately, the networks and the (Republican National Committee) have gone along with this irrelevant measure of legitimacy of candidacy.
Former Pennsylvania Sen. Rick Santorum, who likely will be consigned to the auxiliary Republican presidential candidate debate, criticized the rules sidelining nearly half the contenders during an appearance on ABC as “pretty arbitrary.”
TODAY'S QUESTION
What are your thoughts on Mr. Santorum’s comments?
—Compiled by Khadeeja Safdar
READER RESPONSE
On Friday’s question about the trans-Atlantic banking rivalry, Philip M. Katz of Virginia wrote: “The trans-Atlantic banking rivalry is guided almost as much by regulatory bodies in Europe and the U.S. and lack of harmonization as it is by executive leadership. Constant leadership reshuffling predicated on the promise of improvements will diminish investor confidence in European banks’ ability to perform.” And Augusta Era Golian weighed in from Texas: “I thought Dodd-Frank was killing our banks.”
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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Copyright 2015 Dow Jones & Company, Inc. All Rights Reserved.   

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