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Kavanaugh Accuser Goes Public ADVERTISEMENT 50,000 EARNINGS ESTIMATES. 1TOOLTOHELPMAKESENSEOFTHEM. LearnmoreabouttheTDAmeritradeEarningsToolonpageR8. ***** MONDAY, SEPTEMBER 17, 2018 ~ VOL. CCLXXII NO. 65 WSJ.com HHHH $4.00 Last week: DJIA 26154.67 À 238.13 0.9% NASDAQ 8010.04 À 1.4% STOXX 600 377.85 À 1.1% 10-YR. TREASURY g 13/32 , yield 2.992% OIL $68.99 À $1.24 EURO $1.1622 YEN 112.05 What’s Death Toll Rises as Florence Floods the Carolinas U.S., News China Ramp Up Business&Finance Trade .S. companies have Umoved cautiously in repatriating overseas prof- Threats its, despite the administra- tion’s assertions that tril- lions of dollars would Trump administration return home quickly after gets ready to impose last year’s tax changes. A1 new tariffs; Beijing Amazon is investigating internal leaks of data as it Cumulative rainfall from 8 a.m. Thursday to 8 a.m. Sunday weighs scuttling talks fights to root out fake reviews President Trump’s eco- and other seller scams. A1 5110 5202530354045 inches nomic conflict with China is Meredith has agreed to River gauges, set to escalate this week, as Sunday afternoon NORTH CAROLINA sell Time magazine for $190 Raleigh the administration plans to Major flooding Neuse River million to Marc Benioff, co- Greenville unveil fresh tariffs on $200 founder of Salesforce.com, Moderate or billion in Chinese products en- and his wife, Lynne. B1 minor flooding tering the U.S. and Beijing de- bates new ways to retaliate Smaller stocks have Little River against U.S. corporations do- climbed more than larger New Bern ing business in China. counterparts this year. B1 Fayetteville Cape Fear Trent River River Shell is planning to lay out Lumber By Jacob M. targets to manage its emis- River Schlesinger, sions of the greenhouse gas Jacksonville Lingling Wei methane. B3 Lumberton and Bob Davis Pee Dee Uber is trailing a much River Atlantic Ocean The threats from both sides smaller Estonia rival in the Wilmington of the Pacific risk upending a race to become Africa’s dom- fragile new diplomatic initia- inant ride-hailing app. B4 SOUTH Florence’s tive—led by Treasury Secre- path Private-equity firms TPG CAROLINA tary Steven Mnuchin and sup- Capital and Rockbridge are ported by top U.S. financial and Myrtle Beach exploring strategic options business executives—to see if for their stake in ticketing they can broker negotiations company AXS. B5 FROM TOP: VEASEY CONWAY FOR THE WALL STREET JOURNAL; RANDALL HILL/REUTERS; DAVID GOLDMAN/AP Source: NOAA THE WALL STREET JOURNAL. aimed at staving off a new MORE TO COME: Tropical storm Florence continued to soak the Carolinas, claiming more than a dozen lives and stranding hundreds round of tit-for-tat penalties. The rousing listing of a of people. Overflowing Neuse River in New Bern, N.C. (top); a rescue in Lumberton, N.C. (middle) and flooding in Fayetteville, N.C. A2. As part of that initiative, Dutch payments company the Chinese government over is offering investors hope the weekend was completing in Europe’s tech scene. B5 plans for a top economic pol- World-Wide icy official to visit Washington in the next few days to lay the Kavanaugh Accuser Goes Public groundwork for a trip by Vice Trump’s conflict with Premier Liu He the following BY KRISTINA PETERSON China is set to escalate as The public allegation by the day that the vote would pro- Flake said in an interview. week. Mr. Liu is expected to AND SADIE GURMAN the administration plans to woman, Christine Blasey Ford, ceed as scheduled, but hours With Republicans holding just see Mr. Mnuchin, and possibly impose fresh tariffs on $200 in an article published by the later, Sen. Jeff Flake (R., a one-vote majority on the Mr. Trump. But Chinese offi- billion in Chinese products A woman who has accused Washington Post Sunday, Ariz.), who sits on the com- committee, a defection by Mr. cials said that if Mr. Trump while Beijing debates new Supreme Court nominee Brett threatened to alter the trajec- mittee, said he wouldn’t vote Flake would prevent the panel carries out his plans to an- ways to retaliate against Kavanaugh of sexual assault tory of a confirmation process for Judge Kavanaugh to ad- from favorably advancing nounce the fresh tariffs early U.S. corporations. A1 when they were teenagers went that has been heading toward vance to the full Senate until Judge Kavanaugh to the full this week—as people familiar public with her name for the a vote in the Senate Judiciary the committee had heard from Senate, where the GOP has a with his plans said over the A woman who has accused first time on Sunday, injecting Committee on Thursday. A Mrs. Ford. 51-49 majority. Sen. Bob weekend that he would—then Supreme Court nominee Ka- immediate uncertainty into Re- spokesman for the commit- “I would not vote yes until Corker (R., Tenn.) told Politico those talks could get scuttled. vanaugh of sexual assault publicans’ push to confirm the tee’s chairman, Sen. Chuck we hear more from the woman he also supported delaying the “China is not going to nego- when they were teenagers next high-court justice. Grassley (R., Iowa), said Sun- who’s come forward,” Mr. PleaseturntopageA4 PleaseturntopageA8 went public with her name for the first time. A1 Florence continued to Stock Rally Isn’t Just Tech-Driven douse the Carolinas and un- Smaller stocks are outperforming big ones, a sign of the breadth After Tax Rewrite, Profits leashed widespread flooding, claiming at least 16 lives. A2 of the stock-market rally. This is illustrated by the NYSE Advance- Decline Line, the cumulative number of net daily advances. B1. A U.S. Border Patrol agent From Abroad Return Slowly was arrested on suspicion of 20,000 killing four prostitutes. A3 BY RICHARD RUBIN A confidential U.N. report in foreign subsidiaries to avoid This is money that would never, AND THEO FRANCIS says North Korea has been 15,000 additional taxes. ever be seen again by the work- able to circumvent restric- The new law imposes a one- ers and the people of our coun- tions, rendering the latest U.S. companies have moved time tax on those old earnings— try.” U.N. sanctions ineffective. A6 10,000 cautiously in repatriating profits whether or not money is repa- The Wall Street Journal re- stockpiled overseas in response triated. It also removes federal viewed securities filings from Typhoon Mangkhut skid- to last year’s tax-law rewrite, af- taxes on subsequent repatria- 108 publicly traded companies ded into mainland China af- 5,000 ter the Trump administration’s tions and makes future foreign accounting for the vast majority ter killing at least 59 people assertions that trillions of dol- profits generally free from U.S. of an estimated $2.7 trillion in in the Philippines. A6 lars would come home quickly taxes. profits parked abroad, and A Palestinian teenager 0 and supercharge the domestic “We expect to have in excess asked each company what it was fatally stabbed an Israeli- economy. of $4 trillion brought back very doing with the funds. In their American man in the West The tax-law revamp ended shortly,” President Trump told filings and responses, they said Bank, officials said. A20 –5,000 the practice of taxing U.S. com- executives assembled at his golf they have repatriated about panies when they bring home course in Bedminster, N.J., in $143 billion so far this year. Jan. Sept. Saudi authorities are seek- foreign profits. Companies long August. “Over $4 [trillion], but About two-thirds of the ing the death penalty for Source: Dow Jones Market Data complained that profit earned close to $5 trillion, will be money came from two corpora- three prominent clerics. A20 abroad was trapped and held it brought back into our country. PleaseturntopageA12 JOURNAL REPORT Newborn Care Amazon Investigates Domino’s Free Pizza Offer Backfires in Age of Ink Leaps Forward iii Innovations in Health Suspected Staff Bribes Russians tattoo the logo in exchange for a lifetime of pies Care, R1-8 Amazon.com Inc. is investi- information that can give an BY JAMES MARSON had underestimated how much gating suspected data leaks edge to independent mer- AND THOMAS GROVE Russians love free food. and bribes of its employees as chants selling their products “More than a million people CONTENTS Markets Digest...... B7 it fights to root out fake re- on the site, according to sell- MOSCOW—Six students in a would have come to demand Business & Finance B2-3 Opinion.............. A17-19 Crossword.............. A16 Sports........................ A16 ers who have been offered and row hurried into Konstantin pizzas” if the promotion had Heard on Street... B10 Technology........................ B4 By Jon Emont purchased the data, as well as Gonyshev’s small tattoo parlor lasted the full two months, Journal Report... R1-8 U.S. News............. A2-4 in Hong Kong and brokers who provide it and one day this month with identi- guessed 24-year-old Natalia Life & Arts...... A13-15 Weather................... A16 Markets............... B9-10 World News.. A6-9,20 Laura Stevens and people familiar with internal cal requests to ink a domino, Koshkina, who got a small Robert McMillan investigations. and quick. Domino’s logo tattooed above in San Francisco The practice, which violates Days earlier, Domino’s Pizza her left kneecap, just below a > company policy, is particularly in Russia had announced a pro- Lifelong commitment skull embellished with roses views and other seller scams pronounced in China, accord- motion that was supposed to and butterflies. “After all, this from its website.
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