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

The Wall Street Journal
Good morning,
Spy Games
Hackers working for the Russian government stole details of how the U.S. penetrates foreign computer networks and defends against cyberattacks after a National Security Agency contractor removed the highly classified material and put it on his home computer. The hackers appear to have targeted the contractor after identifying the files through his use of a popular antivirus software made by Russia-based Kaspersky Lab, which has denied any involvement in cyberespionage. We report that the theft, which hasn’t been disclosed, is considered by experts to be one of the most significant security breaches in recent years. It offers a rare glimpse into how the intelligence community thinks Russian intelligence exploits a widely available commercial software product to spy on the U.S. The Kaspersky incident is the third publicly known breach at the NSA involving a contractor’s access to a huge trove of highly classified materials.

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Not So Slick
U.S. shale drillers are finally showing signs of slowing. The number of rigs currently drilling for oil in the U.S. grew 6% in the third quarter—a marked deceleration from the previous four quarters. U.S. oil output remains robust and may still surpass the record annual average of 9.6 million barrels a day, set in 1970. But companies, confronting technological, operational and financial obstacles, are starting to ease up on drilling. The pace of innovation—which allowed shale drillers to defy expectations and upend traditional oil markets by increasing production in the face of lower prices—appears to be slowing. The cost of labor and services, meanwhile, is rising in the most popular oil fields, driving up drilling expenses. Also, companies are facing a backlash from investors.
Shadow of a Life
At 64 years old, Las Vegas gunman Stephen Paddock didn’t have the usual profile of a mass shooter. He left virtually no footprint on social media, had no criminal record and, according to his youngest brother, revealed no particular ideology. Interviews with law-enforcement officials, casino employees he encountered and two of his brothers reveal an intensely private, self-contained man. Paddock was 7 when his father, later described on an FBI “Most Wanted” flier as a psychopath with suicidal tendencies, was captured by federal agents. But after that traumatic start, Paddock’s life was by most appearances a Golden State success: His real-estate fortune afforded him a comfortable retirement as a high-stakes gambler. Authorities are left to untangle why he checked into one of his regular haunts, the Mandalay Bay Resort and Casino, with weapons valued at $20,000. Paddock had researched locations in Chicago and Boston before carrying out the attack in Las Vegas, law-enforcement officials said.
Gates and Nadella
The October issue of WSJ. Magazine, on newsstands this weekend, includes an exclusive feature about Microsoft CEO Satya Nadella and co-founder Bill Gates. In a rare joint interview, Mr. Gates dropped by Mr. Nadella’s office on the company’s Redmond, Wash., campus, where the two discussed topics ranging from management ethos and immigration policy to the promises and perils of technological progress. Also in this issue, our cover story transports readers to Sweden’s hälsingegårdar homes—designated as World Heritage sites by Unesco in 2012—where the austere elegance of countryside farmhouses complements this season’s ornate ensembles. Plus, what’s next for Scooter Braun, the man who shaped the careers of world-wide stars such as Justin Bieber and Ariana Grande; inside the extravagant world of Dolce & Gabbana’s couture show; the evolution of photographer Thomas Struth; a lush Mallorcan retreat designed by Michael Smith; and venture capitalist Kirsten Green takes us through her day.
TODAY'S VIDEO
Impressions of an Isolated Country
That Was Painless
Wall Street Journal reporters reflect on their September trip to Pyongyang, the capital of North Korea.
TOP STORIES
U.S.

Senate GOP Hits Resistance on Estate-Tax Repeal—From Republicans

U.S. Border Crossings Are Fewer, Riskier and More Expensive
WORLD

Trump Is Expected to Refuse to Certify Iran’s Compliance With Nuclear Deal

Nobel Peace Prize Awarded to International Campaign to Abolish Nuclear Weapons
BUSINESS

YouTube Tweaks Search Results as Las Vegas Conspiracy Theories Rise to Top

Uber’s Leadership Inches Closer to Stability
MARKETS

Wall Street Regulator Is Also an Investor—With Meager Returns

Forget Bitcoin. Have You Heard of IMFcoin?
NUMBER OF THE DAY
4.6%
The drop in the CBOE Volatility Index, known as Wall Street’s “fear gauge,” on Thursday to 9.19, surpassing its record closing low of 9.31 set in December 1993. Stocks have continued their steady march higher and investors don’t see many worries ahead.
QUOTE OF THE DAY
It felt a little ridiculous…I never thought this was something I needed experience for.
Alec Gracia, a 23-year-old Starbucks barista, on failing to make the cut as a dog walker for Wag!, a San Diego-based on-demand dog-walking app. In many American cities, landing a job as a dog walker is tougher than earning entrance to an elite university.
TODAY'S QUESTION
Going back to our video above, what are your thoughts on our reporters’ observations from their trip to North Korea? 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 Secretary of State Rex Tillerson denying longstanding rumors about his possible resignation, Allan Muns of Texas wrote: “Why does the press continue to speculate that Mr. Tillerson called the president a moron? And if he did, who cares? Mr. Tillerson can either do his job or resign. Full stop. The president has an excellent candidate for secretary of state currently minding the United Nations for our country: Nikki Haley.” Robert Hugins of South Carolina said: “Mr. Tillerson’s toughest diplomatic challenge doubtless is his mercurial boss. Good luck with that. Regarding the questionable ‘moron’ news story, are staffers inside the State Department and on the Hill who oppose the secretary’s departmental reforms fanning this account?” And John Davis of Pennsylvania commented: “This whole kerfuffle has no more credence than the tabloids in the supermarket checkout line. Mr. Tillerson should have said as much.”

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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