Document 412535

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The
Roots of
Greatness
IN
TODAY’S
PAPER
BY BORIS JOHNSON
INNOVATORS ISSUE
WSJ. MAGA ZINE
REVIEW
VOL. CCLXIV NO. 111
WEEKEND
********
HHHH $2.00
SATURDAY/SUNDAY, NOVEMBER 8 - 9, 2014
i
i
World-Wide
O
bama authorized the deployment of up to 1,500
additional troops to Iraq and
asked Congress for $5.6 billion
to expand the fight against
Islamic State militants. A1
Obama Authorizes 1,500 More Personnel
To Boost Fight Against Islamic State
n The Supreme Court will review a centerpiece of the Affordable Care Act in a major
test of the health-care law. A3
WASHINGTON—President Barack Obama moved to expand the
U.S. fight against Islamic State
militants, authorizing up to 1,500
additional troops and asking Congress for $5.6 billion, while laying
the groundwork for sweeping new
legal authority to conduct counterterrorism operations across the
Middle East and North Africa.
The White House plan, which
would double the U.S. troop
presence in Iraq, sets the stage
for a broader foreign policy debate when Congress returns to
Washington next week.
The moves Friday marked a
White House push to redefine
the executive branch’s authority,
both to combat the immediate
threat posed by Islamic State
n Obama intends to nominate Brooklyn federal prosecutor Loretta Lynch as the
next attorney general. A4
n A federal judge approved
Detroit’s bankruptcy-exit plan,
which trims about $7 billion of
the city’s long-term debt. A5
n Republicans warned
Obama against acting alone on
immigration, saying it would
impede cooperation. A4
n Mexican investigators
found what they believe to be
some of the burned remains
of 43 missing students. A7
n Unidentified militants
bombed the homes of top officials of the Fatah in the
Hamas-ruled Gaza Strip. A7
n One of the final hurdles
to restarting nuclear reactors
in Japan was cleared, in a win
for Prime Minister Abe. A6
i
i
Business & Finance
n U.S. payrolls grew and
the jobless rate fell to 5.8%,
marking the longest stretch
of job creation since at least
WWII—a run at odds with a
slow pickup in wages. A1
n The Dow and S&P 500
eked out record highs and
Treasury prices rallied,
though the Nasdaq slipped. B5
n Fed officials are warning
of market turbulence as the
central bank prepares to raise
short-term interest rates. A2
n Sears is considering spinning off up to 300 companyowned stores into a separate
company to raise cash. A1
n Authorities in Europe
and the U.S. shut dozens of
illegal websites, employing
new techniques to unmask
anonymity-network users. B1
n Elon Musk is exploring a
venture that would make
smaller, cheaper satellites to
deliver Internet access. B3
n Abercrombie warned that
its sales dropped 12% in the
third quarter because of
slowing mall traffic. B3
n Regulators faulted Wall Street
banks for “serious deficiencies”
in loans backing buyouts. B1
n Lawmakers stepped up
pressure on Takata following allegations employees concealed
evidence of air-bag defects. B4
n Berkshire Hathaway posted
a drop in profit tied to an investment loss, though results
overall topped expectations. B2
COLD WAR NO MORE: The Berlin Wall as it appeared shortly after it was built in a divided city in 1961, top,
with soldiers outside the entrance to Potsdamer Platz underground station, stands in stark contrast to the
area as it looks now, 25 years after the wall was torn town. A9, WSJ.com
NOONAN A13
A Message Sent
To a Grudging
President
Opinion................... A11-13
Sports............................ A14
Stock Listings.... B10-11
Style & Fashion.... D2-4
Travel.......................... D8-9
Weather Watch...... B13
Wknd Investor...... B7-9
>
s Copyright 2014 Dow Jones & Company.
All Rights Reserved
The U.S. labor market in October reached its longest stretch of
job creation since at least World
War II, a run at odds with a slow
pickup in wages and voter discontent with the economy.
U.S. employers, which added
214,000 jobs to payrolls last
month, are on pace to post the
best yearly gain in employment
since 1999. The steady job growth
has pushed the nation’s unemployment rate down to 5.8% last
month, closer to a level many
economists consider healthy. It
‘WE JUST HAVE TO WORK A LITTLE HARDER’
Marine Corps Puts Women to the Test
BY MICHAEL M. PHILLIPS
CAMP LEJEUNE, N.C.—In combat, the No.
4 cannoneer on an artillery crew must heave
100-pound rounds, one after another, into
the loading tray of a 155 mm howitzer.
In the North Carolina woods these days,
the job sometimes falls to a crew member
who weighs just slightly more than the artillery shell she has to lift. “Everybody thinks
that we’re not good enough and can’t do everything males can do,” said Marine Lance
Cpl. Vicki Harris, a 4-foot, 11-inch, 110-pound
military clerk from Cambridge, Ohio. “I want
to get out there and prove them wrong.”
Lance Cpl. Harris is part of a large-scale
Marine Corps experiment intended to settle
For Lampert,
A Big Step
To Tap Sears
Real Estate
BY SUZANNE KAPNER
AND CHELSEY DULANEY
Inside
CONTENTS
Books........................ C5-10
Corporate News... C3-4
Eating.......................... D5-7
Gear & Gadgets D11-12
Heard on Street.......B14
Letters to Editor.... A12
BY ERIC MORATH
When Eddie Lampert merged
Sears and Kmart nine years ago,
the move was heralded less for
its retail prospects than as a
shrewd real-estate play. Now, the
hedge-fund manager has signaled
he’s ready to make his move.
Sears Holdings Corp. on Friday
said it was weighing whether to
spin off up to 300 of its 712 company-owned stores into a separate entity in which Sears shareholders would be entitled to buy
stakes. The move would raise
much-needed cash for the struggling retailer, which warned it
lost as much as $630 million in
its most recent quarter.
It also would be a big step toward one possible endgame for
the company: somehow tapping
Please turn to page A5
 Heard on the Street.................. B14
Composite
i
Mustafah Abdulaziz for The Wall Street Journal, Getty Images
n China and Japan eased tensions over a contested group
of East China Sea Islands. A6
fighters in Iraq and Syria as well
as the broader campaign against
terrorist organizations around
the world.
Coming so soon after the Republican midterm election victories, Mr. Obama’s plans drew
mixed reaction on Capitol Hill.
Lawmakers signaled Congress is
likely to go along with the funding request, but expressed reservations about the administration’s approach to Islamic State,
also known as ISIS or ISIL.
“I remain concerned that the
Please turn to page A4
Solid Job Gains Belie
Economic Unease
the question once and for all: Can women
fight in ground-combat units alongside men?
The Marines have gathered 400 men and
women for a unique experiment to find out.
After the group finishes training next
year, researchers will observe the men and
women during a series of live-fire attacks
and, with high-tech sensors, assess how
troops of different sizes and sexes perform
together in combat.
The results, Marine officers say, will allow
the Corps to set gender-neutral standards for
20 of its most physically demanding jobs, including rifleman, mortarman and artilleryman,
combat positions whose very names suggest
they have long been the purview of men.
The Marines’ research experiment comes
in response to a 2013 Pentagon order that
the military services open all ground-combat
jobs to women.
“If members of our military can meet the
qualifications for a job, then they should have
the right to serve, regardless of creed, color,
gender or sexual orientation,” then-Defense
Secretary Leon Panetta said at the time.
He left open a loophole: The services have
until Jan. 1, 2016, to prove women can’t perform a particular combat job and request an
exemption.
“We want to collect the data and do the research before we open the positions,” said
Capt. Maureen Krebs, a Marine Corps spokeswoman, “because we don’t want to set female
Please turn to page A10
also suggests U.S. businesses are
largely shrugging off mounting
worries about overseas growth
that contributed to market tumult
in the first half of last month.
Yet while Friday’s report from
the Labor Department showed the
49th straight month of job gains,
the current expansion trails several other shorter rebounds in
terms of total job growth. The
positive reading came just days
after voters flipped control of
Please turn to the next page
 Fed warns investors................... A2
 Dow, S&P 500 inch higher...... B5
Pick at Justice
TOP PROSECUTOR: Loretta Lynch,
a U.S. attorney in New York, is
President Obama’s choice to
succeed Eric Holder as attorney
general. A4
With Guests on the Way, China
Aims for Its Manners to ‘Be Splendid’
i
i
i
Act ‘Civilized and Polite’ on Beijing Buses,
Subways and You Might Win a $10 Pass
BY TE-PING CHEN
BEIJING—Here in China’s capital, riding the city’s sprawling
subway can sometimes be a contact sport. Morning rush hours
turn into mosh-pit-like scenes in
which riders compete to board
packed trains. Shouts
and curses ring out. Elbows are thrown. Occasionally,
passengers
who squeeze their way
in are flung out again
by the crowds.
Now, as President
Barack Obama and
other world leaders descend on Beijing for the
Asia-Pacific Economic
Cooperation summit Zheng
next week, authorities
have launched a behavior-modification campaign: A contest to
promote grown-up deportment
onboard.
Started this summer, the “Be
a Splendid Beijinger and Welcome APEC—Civilized, Polite
Passengers” competition aims to
identify and honor the top 100
best-behaving bus and subway
passengers. It’s a kind of
“China’s Next Top Model,” except for public transportation.
Some 40,000 residents have entered to
win. Many did so by
filling out forms that
asked them to explain
their
“accomplishments” as riders.
Others were handpicked by the more
than 8,000 yellow-jacketed guides, mostly elderly retirees, Beijing
Shuyun has deployed to encourage more-orderly behavior at bus stops and subways.
Photos of contestants are
hung on posters during rush
hour across the city’s subway
Please turn to page A10
The Best Value
in Wireless.
Now you can get the best value in wireless. Introducing
the new Sprint Simply Unlimited Plan. It’s just $50/mo for
unlimited data, talk, and text on the Sprint network.
$
50 plan exclusively for non-discounted iPhone 6 and iPhone 6 Plus.
Other monthly charges apply.**
Visit a Sprint store | 800-SPRINT-1 | sprint.com/bestvalue
**Monthly charges exclude taxes & Sprint Surcharges [incl. USF charge of up to 16.1% (varies
quarterly), up to $2.50 Admin. & $0.40 Reg./line/mo.) & fees by area (approx. 5%–20%)].
Surcharges are not taxes. See sprint.com/taxesandfees.
Activ. Fee: $36/line. Sprint Simply Unlimited Plan: Offer ends 1/15/15. Available only for iPhone
6 and iPhone 6 Plus. Includes unlimited domestic Long Distance calling, texting and data.
Third-party content/downloads are add’l charge. Int’l svcs are not included. Pricing may vary
based on number of lines or device purchase type; 10 lines max. After 10 lines, an additional
$10/mo./line max. line srv. charge applies. Line must remain activated on an iPhone 6 or
iPhone 6 Plus. Usage Limitations: Other plans may receive prioritized bandwidth availability.
To improve data experience for the majority of users, throughput may be limited, varied or
reduced on the network. Sprint may terminate service if off-network roaming usage in a
month exceeds (1) 800 min. or a majority of min. or (2) 100MB or a majority of KB. Prohibited
network use rules apply—see sprint.com/termsandconditions. iPhone for Life Plan: Service
plan rates and availability subject to change. Req. good standing. Other Terms: Offers and
coverage not available everywhere or for all phones/networks. Available at participating
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See store or sprint.com for details.
P2JW312000-8-A00100-10FEEB7178F
n Ukraine accused Russia of
sending dozens of tanks and
other vehicles into rebelheld eastern Ukraine. A8
By Michael R. Crittenden,
Jeffrey Sparshott
and Felicia Schwartz
Associated Press
i
U.S. to Send
More Troops
Into Iraq
Berlin Wall: The Anniversary of a Demise
What’s
News
WSJ.com
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