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

The Wall Street Journal
Good morning from Singapore, where we have just launched the very first global print edition of The Wall Street Journal, which has roughly 50% more news content than before. We have also enhanced our digital offerings, with the ability to easily navigate all print sections on desktop, mobile Web and apps.
Back to the Border
In a dramatic attempt to try to stem the tide of migrants, Germany reimposed document checks on its border with Austria yesterday. The move is an abrupt turnabout from Germany’s decision to fling open its doors just over a week ago, when it and Austria agreed to allow in thousands of migrants being held back by authorities in Hungary. Meanwhile, the journey for Syrians is becoming even more difficult as Turkey tightens its own border controls. And at least 34 people drowned yesterday off the Greek island of Farmakonisi in their attempt to enter the country from Turkey, in what Greek officials described as the deadliest accident they have seen since the refugee crisis began.
Business With Beijing
U.S. technology companies looking to do business in China are increasingly teaming up with local firms. But this can pose problems: Access to China means conforming to its desire to help local companies upgrade skills, leading to deals that could turn partners into competitors. The dilemma is especially apparent in advance of Chinese President Xi Jinping’s first state visit to the U.S. this month. Firms such as Apple, Microsoft and Cisco Systems are to meet with Mr. Xi even as the Obama administration is expected to express displeasure about some of Beijing’s policies. The political risk also hasn't deterred Dell which said last week that it would invest $125 billion as part of a new “In China, for China” strategy.
Up and Down Again
U.S. Federal Reserve officials are contemplating raising interest rates for the first time in nearly a decade. Whether they do so at a policy meeting this week or later on, officials say they expect to move gradually. Recent history suggests that gradual in the Fed’s eyes might not be gradual enough. Central banks across the world have tried to raise rates recently, only to reduce them again as their economies stumbled. Nevertheless, Heard on the Street’s Justin Lahart offers his take on how to raise rates without spooking markets: “In seeking to corral these competing views, Fed Chairwoman Janet Yellen could craft a consensus in the following way: Get it over with and raise rates by a quarter point.”
Keys to the Future
Most notebook computers are likely to be replaced by devices with optional keyboards, writes WSJ’s tech columnist Christopher Mims in his column on why tablets are the future computing. “I’m willing to bet that the iPad Pro will only help sales of the Surface, and its competitors, by doing what Apple has always done best: convincing the masses that what seems like a strange new category of gadget is in fact a must-have,” he notes. Elsewhere in the tech world, Google is ready to turn its self-driving car technology into a business and has hired an auto-industry veteran to run it. And Facebook is working on a stand-alone video app that would support 360-degree videos, allowing users to change their viewing perspective by tilting their phones.
TOP STORIES
U.S.

California Wildfire Forces Thousands From Homes

Joe Biden Supporters Ramp Up a Campaign-in-Waiting
WORLD

Iran Could Become Major Supplier of Natural Gas to EU

Tourists in Egypt Accidentally Killed by Security Forces
BUSINESS

China Unveils Overhaul of Bloated State Sector

Shire Weighing Options to Sweeten All-Stock Offer for Baxalta
MARKETS

The Unraveling of Tom Hayes

Bank of America Vote Brings Out Broader Complaints
TODAY'S VIDEO
Keeping an Eye on Your Children’s Internet Usage
That Was Painless
Don’t want to set up Internet filters? WSJ’s Michael Hsu shows how to create a makeshift nanny-cam. Photo/video: Drew Evans/The Wall Street Journal.
NUMBER OF THE DAY
$7 billion
The amount that General Motors, No. 1 U.S. auto maker by sales, has lost since 2010 in Europe. As executives head to the Frankfurt Motor Show in Germany this week, GM and Ford hope to make a case that coming and more profitable vehicles can turn around their troubled European operations.
QUOTE OF THE DAY
Just as I’ve built great buildings that sell themselves, I believe in my product now. I’m prepared that if my truth doesn’t sell, the campaign won’t succeed. As in my buildings and my presidential campaign, the people will buy if they want the product. I don’t have to be the best salesman.
In a rare moment of reflection during an interview with The Wall Street Journal, Donald Trump likened being a presidential candidate to his real-estate business.
TODAY'S QUESTION
Going back to our story above, what are your thoughts on the future of computing? 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 Friday’s question on Europe’s migrant crisis, Jack White of San Francisco commented: “It is well-known that chaos and poverty foster extremism, so responding to this humanitarian crisis could be viewed as a prudent, low-risk, high-reward counterterrorism operation for the U.S. Suicidal jihadism loses its appeal when safety and opportunity are plentiful in these young refugees’ lives.” And Massimo Piras from Brussels wrote: “We have a moral obligation to help the migrants. But the troubled region they stem from must also be stabilized ASAP, less Europe be flooded with migrants. The EU, with its rigid economy and very high youth unemployment in many of its member countries, should not permanently accept hundreds of thousands of migrants.”
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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