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

The Wall Street Journal
Good morning,
A Trouble Shared
The largest migration of displaced people since World War II is reshaping Europe’s demographics and roiling its politics. In a move bound to challenge countries with little experience accommodating newcomers, the European Union has proposed to redistribute 160,000 refugees across the bloc. But in presenting the plan yesterday, European Commission President Jean-Claude Juncker acknowledged that it wouldn’t go far enough to address the massive flow of migrants to the continent. Along with altruism, part of the motivation is economic: As older residents retire and younger ones leave for bigger cities and better opportunities, many small cities and towns are facing labor shortages. Meanwhile, Syria’s neighbors, under severe financial strain, are paring support for refugee populations.
Apple Picking
Apple took aim at wireless phone companies yesterday, saying that it will for the first time finance iPhone sales directly to customers without requiring them to be tied to any particular carrier. The deal allows customers to get a new device each year, as well as select their carrier with each upgrade. Apple also rolled out two new smartphones yesterday—the iPhone 6s and 6s Plus. It is unclear whether their new features will draw the same customer response as did the iPhone 6 and 6 Plus. The tech giant also wants to reduce its dependence on the iPhone, breathing new life into two flagging product lines, with a larger iPad that starts at $799 and a revamped Apple TV set-top box.
High-Rise Gerrymander
A program known as EB-5 that gives foreigners residence for investing in the U.S. is meant to spur jobs in poor or rural areas. But instead, it is largely financing developments in affluent urban neighborhoods that technically qualify as suffering from high unemployment. They are able to do so because state governments define the boundaries of a high-unemployment area, and some are stitching together wealthy locales with poor ones to obtain the benefit. At the end of the month, a key piece of the EB-5 program is expiring. As Congress prepares to take up reauthorization, some lawmakers are questioning the way the program is being used and a fight is brewing. Check out these five things for more on EB-5.
Octopus in My Lunchbox
Children’s palates in the U.S. have developed to embrace tastes that might seem challenging or exotic to their parents. Seaweed, sriracha and octopus are now everyday choices for some children. “I would ask kids 10 years ago ‘What’s your favorite food?’—it was pizza and spaghetti. Now they say sushi, even the raw fish,” says the culinary director of a Whole Foods store. The reason might be exposure to TV cooking shows, learning about healthy choices at school and on the Internet, or even what they taste in the womb. Even baby food has moved beyond peas and carrots to Thai curry vegetables with rice.
TOP STORIES
U.S.

United Ouster Highlights Tensions With Airports

Fed Wavers on September Rate Rise
WORLD

Economic Worries Recast Obama-Xi Agenda

Japan’s Biggest Mob Group Splits Under Money, Police Pressure
BUSINESS

Energy Pipeline Boom Ebbs

Daily Fantasy-Sports Operators Await Reality Check
MARKETS

Giant Hedge Fund’s Radical Idea: Performance Guaranteed or Your Money Back

Corporate Borrowers Log a Banner Day
TODAY'S VIDEO
Jeb Bush’s Tax Plan
That Was Painless
Republican presidential candidate Jeb Bush unveiled his sweeping overhaul plan for the tax code. It calls for lower rates on individuals, while limiting popular deductions for the wealthy. Which ones? WSJ’s Jason Bellini has #TheShortAnswer.
NUMBER OF THE DAY
$1.3 billion
The estimated sponsorship revenue that NFL officials expect this season, an increase of 15%.
QUOTE OF THE DAY
By the time you sue him, Iran will have a nuclear weapon, so I think that’s probably not a viable route.
Sen. Lindsey Graham (R., S.C.) on whether to take legal action against President Barack Obama over the Iran nuclear deal, which House Republicans oppose.
TODAY'S QUESTION
What are your thoughts on Mr. Graham’s remarks? Send your comments, which we may edit before publication, to 10point@wsj.com. Please include your name and location.
—Compiled by Khadeeja Safdar
READER RESPONSE
Responding to yesterday’s question on family texting, Rod McCrimmon from Texas wrote: “With children at home and away at college, texting allows everyone to feel more connected. Texting allows my wife and I to drop little encouragements throughout the day to the children regarding presentations, tests, practice or just to let them know we’re thinking about them. I’d like to think texting has allowed us to be more involved in their day to day.” Len Krieger of New Jersey commented: “I think it’s great. I’m an octogenarian and use it all the time, except when I’m driving of course. A phone call can be invasive and a text message can be viewed as time permits.” But Roy Farrow of Nevada said: “Texting folks you love should be a last resort. Hearing the tenor of the voice of my children tells me immediately how their day is going. Regular communication, like most things in life, is a habit, make it a good one.”
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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