The 10-Point: Canada Shooting, Air Bag Recall, Flight Deals and More
Terror Comes to Canada
Yesterday’s fatal shooting of a soldier at Ottawa’s National War Memorial was a tragic glimpse for Canadians of the global reach of terrorism. The assailant was eventually killed inside the Parliament building. Our story details the day’s horrific events, noting that the attack stands to change the way Canada protects its people. Experts described the incident as a major security failure, in which up to 30 shots were fired within Parliament’s main building. The shooting also intensified unease around Western capitals over their citizens’ vulnerability at home—a day after Ottawa dispatched warplanes to the U.S.-led campaign against Islamic State militants. It is still unclear, however, if there is any link. Prime Minister Stephen Harper said in a televised address that “in the days to come we will learn more about the terrorist and any accomplices he may have had.” Meanwhile, we also look at how the deaths of two soldiers in the past three days in separate attacks has fueled fears of terrorism in Canada.
Air-Bag Alarms
A new safety crisis might be emerging for the auto industry. We find that the Manhattan U.S. attorney’s office is investigating whether Takata Corp. 7312.TO -6.17% mademisleading statements about the safety of its air bags after regulators expanded a recall of the company’s products, affecting 7.8 million vehicles. Regulators have said the air bags could explode with too much force during a collision, spraying drivers and passengers with shrapnel. Our story examines the implications of the expanded recall, detailing the events that contributed to heightened safety concerns. We note that U.S. auto makers have recalled more than 50 million vehicles this year, a record. Click here to see if your car is included in the air-bag recall.
Blue Chips Feeling Blue
Blue-chip companies are going through a rough patch. Our story looks at how their once-reliable formulas for success have perhaps left them too big to adapt to the changing conditions of the market. We find that a third of the companies in the Dow Jones Industrial Average have posted shrinking or flat revenue over the past 12 months. The list of stumbling stars includes AT&T, which on Wednesday lowered its revenue forecast; Coca-Cola, which posted flat sales; International Business Machines, IBM -0.03% which threw out its profit forecast; Wal-Mart, whose same-store sales haven’t increased in the U.S. since 2012; and General Electric, whose stock price hasn’t topped $30 since the financial crisis. We note, however, that each company has its own idiosyncratic problems, from changing consumer tastes at Coke to technology-industry shifts at IBM.
Tuesday’s Dead
The prime time to find airfares has changed. Our Middle Seat columnist Scott McCartney looks at when to make a purchase and how early the lowest prices pop up. A new examination into airline fares shows Sunday is the best day to find low fares—a departure from the conventional wisdom that Tuesday is the best bet. Scott notes, however, that Tuesday is still the day with the most frequent price drops, opening the door for good deals. And it turns out to be the busiest day for domestic ticket sales and the cheapest of the workweek. He also takes a look at how the cost of domestic and international flights changes by the day, noting one study that showed the cheapest time to buy domestic trips in the U.S. was 57 days before departure. For more insight about fare changes and other ways to save on air tickets, check out Scott’s column.
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Quote of the Day
The verdict is significant because it shows that paramilitary contractors who commit crimes abroad can be held accountable for their criminal actions.
—Paul Dickinson, a lawyer for the families of Iraqis shot dead in a Baghdad traffic circle in 2007, on a federal jury decision to convict four former Blackwater USA private security guards in the shooting.
Today’s Question
Going back to our story on the shooting in Ottawa, what are your thoughts on the day’s horrific events? Send your comments to [email protected].
—Compiled by Khadeeja Safdar
Reader Response
Responding to my question about the U.S. Affordable Care Act, Slade Howell of North Carolina wrote: “The revisions, exemptions, contradictions would lead one to assume that this legislation was constructed in haste with resulting deleterious results. But the timeline of enactment after the midterm elections, causes even more concern.” Charles E. Damon of Michigan noted the following: “The mandate is trumped by a law that Congress didn't pass and cannot repeal—the Law of Unintended Consequences…There are always ways to adapt to, and if necessary, to avoid a law. In the case of the ACA, that has often meant reducing workforce or hours to escape the mandates. It has also meant finding ways to shift the burden to someone else—the employees, or the government (Medicaid). The only certainty is that employers will look for, and find, ways to avoid providing coverage that they can’t afford. They must if they wish to survive.”
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.
photo: ADRIAN WYLD, THE CANADIAN PRESS/ASSOCIATED PRESS
Unlimited Master Class1 STCW II/SSHE-QC
10 年I agree with "Leslie " we cannot blame others because of one sick mentally person. In USA (2013) a 26 year old American Irish man started shooting on innocent people at a movie theater in Colorado he killed 70 !!! First they pointed fingers to minority Muslims and then they discovered that the killer is deep boned Christian !!! So they jailed him a mental sick person
Principal of LBcommunications
10 年Have to disagree with you on your comment Peter "tesla". The shooter on Parliament Hill came from an educated and fairly privileged family. In fact, his history speaks more of mental illness. Yes, security definitely has to be tighter, but so far our crime rates and terrorism attacks are extremely low in terms of deaths compared to other countries (not taking this for granted.) it is the exception when we have a mass shooting of any kind.
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10 年Pazzia totale
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10 年Couldn't have written that better Lance......amen
Owner, ZEPAK Corp.
10 年Regardless of an individual personal and possibly warped sense of belief system , no where is it a positive action to hide behind a mask and kill , harm, torture, manipulate & destroy innocent people. The one true God will have the last judgement. And the truth will set you free! It has already been revealed for anyone who should listen, "love your enemy, Pray for them"treat others as you would want to be treated. And most important, Love God with all your Heart and Seoul