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

The Wall Street Journal
Good morning,
Across the Aisle
Two key senators reached a bipartisan agreement Tuesday aimed at shoring up the Affordable Care Act and lifting some of the health law’s requirements, drawing support from President Trump, who called it a “short-term deal.” While some details are still being completed, the proposal by Sens. Lamar Alexander (R., Tenn.) and Patty Murray (D., Wash.) is the first major bipartisan effort to gain traction on health policy since the 2016 election. Still, the compromise could be derailed by conservative House Republicans intent on toppling the Obama-era law. Under the deal, Republicans would get changes that let states get speedier and more flexible federal waivers to the health law and allow more people to sign up for bare-bone health plans with low premiums. Democrats would get restored funding for billions of dollars in insurer subsidies.

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More Open Society
George Soros, who built one of the world’s largest fortunes through a famous series of trades, has turned over nearly $18 billion to Open Society Foundations—transforming both the philanthropy he founded and the investment firm supplying its wealth. Now holding the bulk of Mr. Soros’s fortune, Open Society has vaulted to the top ranks of philanthropic organizations, appearing to become the second largest in the U.S. by assets after the Bill & Melinda Gates Foundation. Mr. Soros, 87, now shares influence over his firm’s strategy with an investment committee of Open Society. We report that Mr. Soros doesn’t plan to trade the billions that now belong to Open Society. A new chief investment officer at Soros Fund Management is less a trader than an allocator of capital to various internal and external asset managers.
Raqqa Falls
U.S.-backed forces said they have captured Islamic State’s de facto capital of Raqqa, driving the extremists from the Syrian city that had become synonymous with their reign of terror. The Kurdish-led Syrian Democratic Forces, backed by U.S. airstrikes and American special forces on the ground, on Tuesday said they had secured a sports stadium in the city that Islamic State had converted into a fortified compound for its final stand. With the fall of Raqqa—Islamic State’s last major urban stronghold in the Middle East—the self-declared caliphate is meeting an inglorious end. Officials also say fewer Islamic State fighters than expected have returned to Europe as the extremist group has lost ground. Meanwhile, Kurdish forces on Tuesday relinquished control over a huge swath of northern Iraq to triumphant Iraqi forces.
Student-Teacher
Some educators are rethinking the parent-teacher conference—and letting students lead them. In a gradual shift that has accelerated in the past few years, more students are attending and sometimes even leading their fall parent-teacher conferences, starting even in the youngest grades. The approach reflects a growing emphasis on what educators call personalized learning—tailoring students’ work to their individual needs and interests, and pressing them to take responsibility for mastering agreed-upon skills. The aim is to spawn lifelong learners who can adapt nimbly to change. But the format can be jarring at first for parents. We offer tips to help the meeting go well, such as praising effort rather than grades and reserving sensitive family topics for a private meeting with the teacher.
TODAY'S VIDEO
Driverless Revolution
That Was Painless
At the WSJ D.Live conference in Laguna Beach, Calif., executives from General Motors, J.P. Morgan, Qualcomm and Baidu discussed the effects driverless cars will have on society.
TOP STORIES
U.S.

Federal Judge in Hawaii Blocks New Trump Travel Ban

Welcome to High School. Now Go to College.
WORLD

Xi Jinping’s Power Plays Set the Stage for a Long Encore

Brazil’s Crusading Judge Sergio Moro Passes Corruption Fight to Others
BUSINESS

Roy Price Resigns as Head of Amazon Studios

IBM Revenue Drops Again, But Mainframe, AI Units Beat Expectations
MARKETS

Investor Behind Weinstein Studio Bid Is a Friend to Many in Hollywood

Should Credit Suisse Break Up? The Answer Isn’t Obvious
NUMBER OF THE DAY
$5.5 billion
Morgan Stanley’s net income for the first nine months of the year, its best showing since 2007. We report that Morgan Stanley chief James Gorman’s outsize bet on wealth management is paying off in a big way.
QUOTE OF THE DAY
[A] disgusting predator.
What one TV producer called Bob Weinstein in an email to a top network executive after he allegedly pressured her for a date. Though he hasn’t been accused of the kind of sexual misconduct that led to the ouster of his brother, Harvey Weinstein, from the production company they jointly ran, Bob Weinstein was a volatile and abusive boss, say former employees and business associates.
TODAY'S QUESTION
Going back to our story above, what are your thoughts on U.S.-backed forces capturing Raqqa? 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 executives’ comments on Harvey Weinstein, James J. Hyland of Wisconsin said: “Few would argue with Mr. Katzenberg’s description of Hollywood’s ‘pack of wolves’ with Harvey Weinstein as its alpha male; however, if Hollywood is to exit this scandal with a modicum of credibility, it had better deal with the betas and omegas in the pack quickly and decisively.” And Bill Liesman of California: “Sorry, I do not buy Mr. Katzenberg’s carefully worded, generic mea culpa…He is as much a part of the complicity he seems to condemn, especially when he claims to be aware of a ‘a pack of wolves.’ Who are they?”

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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