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

The Wall Street Journal
Good morning,
After Irma
Florida faces a long recovery after being hammered by Hurricane Irma, which barreled up the state’s entire peninsula, dropping heavy rain and causing surging seas. Few deaths in the state have been attributed to the storm, which killed at least 38 people in the Caribbean, including U.S. territories there, and estimates of insurance losses have declined considerably. However, reconnecting power to most of Florida’s 20.6 million people may be a mammoth, weekslong undertaking. The storm also knocked at least one million power customers offline in Georgia and the Carolinas, while flooding downtown Charleston, S.C. Residents who evacuated the Florida Keys, where Irma made landfall Sunday at Category 4 intensity, might not be able to return for weeks, while the 10,000 people who stayed behind may need to be evacuated. We explain why Irma’s impact on Florida wasn’t as bad as feared.

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Virtual Ban
Chinese authorities are preparing to shut down the country’s bitcoin exchanges, reflecting a growing unease with the cryptocurrency and its recent surge in value. The policy shift in the world’s No. 2 economy shows how countries are wrestling with bitcoin and its place in the financial system. In China, specifically, the government’s attack on bitcoin comes against the backdrop of a focus on preventing capital from fleeing to such virtual currencies. The action could send shock waves through the burgeoning market. Much of the world’s bitcoin is mined—created through powerful algorithms—in China. As recently as January—before new rules damped trading in the country—more than 80% of global bitcoin activity was in yuan. The ban was surprising for some, given that Chinese authorities have allowed bitcoin exchanges to operate within the mainland for years.
Exit Strategy
We report that some of President Trump’s lawyers earlier this summer concluded that Jared Kushner should step down as senior White House adviser because of possible legal complications related to a probe of Russia’s involvement in the 2016 presidential election. After the lawyers aired their concerns to the president in June, press aides to the legal team drafted a statement explaining a departure by Mr. Kushner. Among the lawyers’ concerns was that Mr. Kushner, Mr. Trump’s son-in-law and confidant, was the adviser closest to the president who had the most dealings with Russian officials and businesspeople during the campaign and transition. Some of those dealings are currently being examined by federal investigators and congressional oversight panels. However, the president’s lawyers weren’t united in the view that Mr. Kushner should step down. Mr. Trump wasn’t persuaded that Mr. Kushner needed to leave.
All Grown Up
The trials of being an empty nester: When a child leaves for college, parents have the happiness of seeing their son or daughter mature and start off on an independent life. But they also miss constant connection, fret about their child’s well-being, and worry about the way the relationship may change. Esther Boykin, a licensed marriage and family therapist in Washington, D.C., says that empty nesters may experience a type of grief—for the loss of the relationship as it was. She offers guidance on the mixed feelings parents often have, from guilt to envy or relief. We offer tips such as establishing a routine with your child for phone calls, text messages or FaceTime, and reaching out to other parents who have gone through this life stage.
TODAY'S VIDEO
Myanmar’s Shame
That Was Painless
Myanmar’s government Monday faced growing pressure from the United Nations and protesters around the world over its violent military campaign that has already forced nearly 300,000 Rohingya Muslims to flee the country.
TOP STORIES
U.S.

Virginia Ends Use of Touch-Screen Voting Machines

Why Donald Trump Is Free to Show Independence From GOP
WORLD

U.N. Security Council Adopts New Sanctions Against North Korea

Taiwanese Activist Pleads Guilty in China to Conspiring Against Beijing
BUSINESS

Meatpackers Seek to Speed Processing Plants

Teva Appoints New Chief Executive After Months of Speculation
MARKETS

Dow Climbs Back Above 22000 as Fears Ease

Fintech Firm SoFi Says CEO Mike Cagney Will Step Down by Year-End
NUMBER OF THE DAY
$500,000
The approximate amount Equifax spent on lobbying Congress and federal regulators in the first half of 2017 before its massive data breach. Among the issues on which it lobbied was limiting the legal liability of credit-reporting companies.
QUOTE OF THE DAY
He needs to be a futurist, a technologist, a salesman, a counter-regulator, a hacker, a financier.
A Google car alum on John Krafcik, the head of Waymo, Alphabet’s autonomous-vehicle unit. After building his career at Ford and Hyundai, Mr. Krafcik has the task of schooling Silicon Valley in the ways of the Motor City. If Google makes progress in developing self-driving cars, it will have his translation skills to thank.
TODAY'S QUESTION
Returning to our story above, have you experienced empty-nest syndrome? What advice would you give others? 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 companies seeking out the underemployed, Colin Taylor of New Jersey wrote: “To make the most of the underemployed resources across America, firms need to consider not only geographic labor pools, but demographic surpluses, too. Too many hirers kick sixty-somethings into touch without thinking about the shorter learning curves, cooler heads and real-world business acrobatics that a highly motivated, mature candidate has to offer.” Oscar Girola of Argentina commented: “This looks like a ‘win-win’ decision with a good social impact. It should be replicated everywhere!” And Bob Jones of New Jersey weighed in: “If people won’t move for better wages and benefits, they must value community more. Thus, if companies want to attract these workers, they need to be in their communities. It may prove expensive, but let’s hope it works.”

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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