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

The Wall Street Journal
Good morning,
The Las Vegas Massacre
Police investigating the worst mass shooting in modern U.S. history are struggling to determine why the suspected gunman, a retiree and steady gambler, opened fire on concertgoers from a 32nd-floor hotel room in Las Vegas on Sunday night, killing at least 59 people and injuring more than 500 others. The suspect, identified by police as 64-year-old Stephen Paddock, killed himself as SWAT units approached his room at the Mandalay Bay Resort and Casino, where he smashed two windows and fired relentlessly down on the crowd of roughly 22,000 at an open-air festival. Police searched Paddock’s home and blocked off his quiet, upscale retirement neighborhood 80 miles outside Las Vegas. Nevada Lt. Gov. Mark Hutchison said Paddock didn’t appear in any law-enforcement databases and wasn’t on authorities’ radar. President Trump called the massacre an “act of pure evil” and said he would visit Las Vegas on Wednesday. The White House said it was too soon to begin to consider implications for gun laws.

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The suspected gunman appears to have used at least one rifle outfitted with a device that allowed the weapon to fire at a rapid rate, and had nearly two dozen firearms in his hotel room, law-enforcement officials said. “We are shocked, horrified, completely dumbfounded,” Paddock’s younger brother said. While hospitals in Las Vegas were seeing patients with a range of injuries, details on the deceased were slowly emerging as authorities notified next of kin. Among those killed were a commercial fisherman, a high-school secretary and a nurse who was shielding his wife from the gunfire when he was shot. Casino executives said that while they will study security concerns, an overhaul is unlikely.
Digital Exchange
Goldman Sachs is weighing a new trading operation dedicated to bitcoin and other digital currencies. Such a move would make Goldman the first blue-chip Wall Street firm to deal directly in the burgeoning yet controversial cryptocurrency market. We report the effort is in its early stages and the firm might not proceed with it, but Goldman’s interest could raise bitcoin’s standing among investors. While China in recent weeks has banned exchanges that trade bitcoin, Japan’s government has embraced it. India and Sweden have mused about creating their own virtual currencies. Goldman’s effort involves both its currency-trading division and the bank’s strategic investment group, suggesting the firm believes bitcoin’s future is more as a payment method rather than a store of value like gold.
High Voltage
By sheer force of will, China has created the world’s largest electric-car market. Nearly half of all plug-in vehicles are sold in the country, whose giant bet on domestic production has left major foreign auto makers racing to keep up. The Chinese government is funding its own manufacturers, luring domestic buyers with subsidies and building a vast charging-station network—while strong-arming consumers by making sure buying an electric car is the only reliable way to get license plates in crowded cities. One goal is to curb pollution and reduce dependence on foreign oil, but China’s chief aim is to use the emerging electric-vehicle market to improve the patchy quality of its domestic auto makers. It is using industrial-policy measures to create a giant test bed for companies’ designs and technology.
TODAY'S VIDEO
All Over the Map
That Was Painless
A ​Supreme Court case on gerrymandering—the practice of drawing district boundaries for political advantage—could reshape the country’s political landscape. Critics say the partisan redistricting undermines representative democracy.
TOP STORIES
U.S.

Americans Win Nobel Prize for Discoveries on Circadian Rhythms

School Systems Prepare for Puerto Rican Students
WORLD

Spain and Catalonia Carefully Weigh Their Next Steps

Palestinian Authority, Hamas Aim to Mend Ties After 10-Year Deadlock
BUSINESS

Why Apple Rival Samsung Also Wins If iPhone X Is a Hit

U.S. Auto Makers Step Up Plans for Electric Vehicles
MARKETS

Equifax’s Ex-CEO to Outline Series of Mishaps That Led to Hack

Is the Nikkei Rally a Sign Japan’s Recovery Is Finally Here?
NUMBER OF THE DAY
260
The number of Model 3 cars Tesla built between July and September. The Silicon Valley electric-car maker badly missed its goal of building 1,500 Model 3 cars in the third quarter, the first sign that the production ramp-up for the new sedan isn’t going as smoothly as planned.
QUOTE OF THE DAY
My vision of a rock ’n’ roll band wasn’t one that cuddled up to politicians, or went down the red carpet.
Rock everyman Tom Petty in an interview with the Journal in 2009. Mr. Petty, who elevated plain-spoken lyrics about relationships and life choices with powerful musical hooks to create such hits as “American Girl,” “Refugee” and “I Won’t Back Down,” died Monday night at age 66.
TODAY'S QUESTION
Going back to our story above, what are your thoughts on the mass shooting in Las Vegas? 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 Catalonia’s independence referendum and the ensuing clashes, Mark Mitchell of Canada wrote: “While movements like this aren’t easy to manage, the violent response from authorities was unnecessary and will likely backfire with repercussions in the next election. A more prudent leader would have dismissed the vote and moved on without uncomfortable images being replayed across the globe.” Nathaniel Ijams of Oklahoma said: “Both the Spanish government and that of Catalonia are in the wrong. Catalonia is not yet ready for independence, but the violent Spanish reaction is unacceptable.” And Bill Blessing of Kansas shared: “What is the appropriate process for regions to separate from a country, against that country’s wishes? Violence remains likely unless there is some (United Nations-monitored?) path to ‘divorce’ for Catalonia, Scotland, Kurdistan, Tibet and similar movements to pursue. Unhappy ‘marriages’ seldom last.”

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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