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What's News: Homeland Security Chief Resigns; Netanyahu's West Bank Reversal; Memphis's Graceland Battle.
Kirstjen Nielsen quits as homeland security secretary. President Trump named U.S. Customs and Border Protection Commissioner Kevin McAleenan as acting homeland security secretary.
Ms. Nielsen's resignation is another challenge for the administration
as it grapples with its core immigration agenda while facing a surge of
migrants at the southern border.
Acting head played role in family separation. Mr. McAleenan has acted as an enforcer,
though not an architect, of Mr. Trump’s often hard-line approach to
illegal immigration, including last year’s controversial but short-lived
policy of separating immigrant parents and children at the border.
Pinterest to lowball IPO price range. Pinterest plans to set a price range for its IPO that is below where the online image-search company last raised money privately when it begins a roadshow today.
Netanyahu’s West Bank reversal roils Palestinians.
Prime Minister Benjamin Netanyahu’s pledge to extend Israeli sovereignty
over parts of the West Bank provided another jolt to volatile relations
with Palestinians in an 11th-hour bid to win right-wing support for re-election.
U.S. pulls some troops from Libya. The U.S. military said it withdrew a small contingent of American forces from Libya
as the country teetered on the brink of full-scale civil war. The
evacuation is the latest turn in a troubled history of American military
involvement in Libya, which has been in turmoil since the overthrow of
Moammar Gadhafi in 2011.
White House defends Herman Cain. Officials backed Mr. Cain
for a seat on the Federal Reserve’s board of governors even after the
onetime GOP presidential candidate warned that he expects renewed
scrutiny of sexual-harassment allegations against him.
Earnings season will test bull market. With earnings
season kicking off and valuations creeping up to their highest levels in
more than half a year, investors say they plan to scrutinize corporate
executives’ comments to gauge whether the contraction in corporate profit growth is a momentary blip or further evidence of a late-cycle economic slowdown.
Paramilitary policemen stand in formation at an anti-terrorism oath-taking rally in 2017 in Xinjiang. PHOTO: REUTERS
China's hard edge. With high-tech police stations and
re-education camps, Chen Quanguo—the official behind aggressive
surveillance and social control in China’s restive Xinjiang region—is
gaining prominence in Beijing, and his methods are spreading to other parts of the country.
Amazon’s Alexa adds features to expand health tasks. The e-commerce giant wants its AI assistant to track consumers’ prescriptions
and relay personal health information, in a bid to insert the
technology into everyday health care. Amazon and health-care providers
will collect some data to improve voice recognition and track consumer
Car dealers push extras even harder. Car shoppers headed to a dealership are in store for a hard sell
on something other than a vehicle. As dealers’ profit margins on
new-car sales shrink, they are relying more on extended warranties,
paint-protection plans and other add-on services pushed by salespeople.
Another week, another deadline for Brexit. Britain’s two main political parties are pushing to reach a new deal this week
ahead of a European Union summit that will consider a request from
British Prime Minister Theresa May to further postpone Brexit. The U.K.
is formally scheduled to leave the bloc on April 12.
Baltimore's blighted houses get a new life. Instead of ending up in landfills or being pulverized,
West Baltimore's century-old row houses are being reused in new
buildings. The program is being trumpeted as a model and officials from
other cities have come to look at how it works.
Shockingly good smartphones for $350 or less. A generation of inexpensive phones has hit the market, writes the Journal's David Pierce,
offering great performance, good battery life, attractive design and
even some unique extras—for an experience shockingly similar to a $1,000
Memphis offers to pay to keep Graceland. The city's council will vote April 16 to complete new tax breaks for Elvis Presley's home to fund a $100 million expansion, a peace offering in a two-year war that included threats of the estate leaving the singer's adopted hometown.
President Harry Truman issued an executive order to take control of
America’s steel industry to prevent a strike over workers’ wages that
would interrupt production. The steel companies sued to determine
whether the president overstepped his constitutional powers. After the
Supreme Court ruled against the president, the United Steelworkers of
America went on strike, winning a wage increase in July the same year.