Biden Calls for New Gun Laws As Shootings Rekindle Debate

P2JW083000-6-A00100-17FFFF5178F ****** WEDNESDAY,MARCH 24, 2021 ~VOL. CCLXXVII NO.68 WSJ.com HHHH $4.00 DJIA 32423.15 g 308.05 0.9% NASDAQ 13227.70 g 1.1% STOXX 600 423.31 g 0.2% 10-YR. TREAS. À 13/32 , yield 1.637% OIL $57.76 g $3.80 GOLD $1,724.70 g $13.10 EURO $1.1851 YEN 108.58 Boulder Mourns Victims as Suspect Is ChargedWith Murder Intel Sets What’s News Strategy To Speed Business&Finance Its Chip ntel’snew CEO is fast Itracking effortstorevive the semiconductor giant Revival with abroad plan that mixes increased outsourcing with acommitment to spend $20 Semiconductor maker billion on newfactories. A1 earmarks $20 billion Powell, in a joint appear- ancewith Yellen on Capitol GES to expand U.S. plants, Hill, said he doesn’t expect IMA will boost outsourcing the $1.9trillion stimulus package will lead to an unwel- GETTY SE/ BY AARON TILLEY come increase in inflation. A2 U.S. stocks ended lower Intel Corp.’snew chief exec- afterthe testimonybyPowell ANCE-PRES utiveisfast tracking effortsto FR and Yellen, with the S&P 500, revivethe semiconductor gi- Dowand Nasdaq losing 0.8%, ENCE ant with abroad plan that AG 0.9% and 1.1%, respectively. B11 Y/ mixes increased outsourcing with acommitment to spend Robinhood Marketsfiled NNOLL $20 billion on newfactories paperworkwith the SEC for CO that could help addressa what is suretobeone of the ON global chip shortage. year’s most eagerly awaited JAS IN MEMORY: People gather foracandlelight vigil Tuesdaynight to honor the 10 victims killedMondaybyagunman at a Pat Gelsinger said Tuesday initial public offerings. B1 Boulder,Colo., supermarket.The 21-year-old suspect waschargedwith 10 countsoffirst-degree murder.A4 that Intel would rely more GameStop’s sales fell heavily on third-party chip- slightly during itsimportant making partners, including for holidayquarter as coronavi- some of itsmost cutting-edge rus-related closingsweighed processors, starting in 2023. on the videogame retailer. B1 Biden Calls forNew Gun Laws But the newCEO,onthe job alittle morethan amonth, Pfizer aims to expand its said Intel wasn’t abandoning vaccine businessbybecom- itshistoric rootsofbeing both ing aleader in the newgene- adesigner and manufacturer based technologybehind its As ShootingsRekindle Debate of chips and would retain successfulCovid-19 shots. B1 most production in-house.The Hartford’s board unani- company, he said, also is re- mously rejected an unso- BY KRISTINA PETERSON expand background checks.He intensified along-running de- tle to addressgun violencebut newing efforts to make chips licited proposal by Chubb also called on Congresstoban bateonCapitol Hill about how would infringeonSecond forothersand targeting cus- to acquire the Connecti- WASHINGTON—President assault-style weapons such as to prevent such violenceand Amendment rights, underlining tomerssuch as Apple Inc.and cut-based insurer. B1 Biden called fortightening guN thekind used by the Boulder, moving it to the topofthe new the starkly different stances of chip rival Qualcomm Inc. laws afteradeadly shooting at Colo., suspect, who wasidenti- president’sagenda. the parties in the faceofde- To underpin those manufac- Amazon.com tapped asupermarket in Colorado,re- fied Tuesdayas21-year- “I don’t need to wait another cades of massshootings. turing ambitions,Intel plans Adam Selipsky to become viving debateonCapitol Hill old Ahmad Al Aliwi Alissa. minute, let alone an hour,to “Everytime there’sashoot- to build two newchip facto- the next CEO of its cloud- and increasing pressureoN TheMondayafternoon take common sense steps that ing we playthis ridiculous the- ries, commonly referred to as computing business. B4 Democratsasthey weigh trying shooting,inwhich 10 people will save lives in the future,” ater wherethis committeegets fabs— short for fabrication— Musk,whose Tesla is on to changeSenaterules to more died, came lessthan aweek af- Mr.Biden, aDemocrat, said. together and proposes abunch at existing facilities in Ari- the defensiveinChina, easily passtheir priorities. teragunman opened fire at TheWhiteHouse said he was of laws that would do nothing zona, Mr.Gelsinger said, with praised the country’splans Mr.Biden urgedCongressto spas in the Atlantaarea, killing also contemplating unspecified to stop these murders,” said production from the $20 bil- to tackle carbon emissions. B3 passlegislation approved by eight people.The pair of kill- executiveactions. Sen. TedCruz(R.,Texas), a lion, multiyear investment due theHouse earlier this month ings, afteralull in such attacks Republicans said manyDem- member of the JudiciaryCom- to start therein2024. Intel An ex-oil trader at Glen- that would among other things during the pandemic,swiftly ocratic proposals would do lit- PleaseturntopageA4 PleaseturntopageA2 core was charged with ma- nipulating fuel-oil prices. B5 Rally Performancesince theend of theprevious bull market World-Wide March 23, 2020 Feb. 12 U.S. Questions Shifts 50% Start of currentbull run Nasdaq peak Biden called fortighten- One Year ing gunlawsafter adeadly Nasdaq AccuracyofDatafor Composite shooting at asupermarket in Later Colorado,reviving debateoN 25 Capitol Hill and increasing The U.S. stock S&P500 AstraZenecaVaccine pressureonDemocratsas market bottomed they weigh trying to change out one year 0 Senaterules to moreeasily ago. At the time, LONDON—AstraZenecaPLC U.S. trials that the drug com- passtheir priorities. A1 few could have said it would updateand reis- pany might have used out-of- Policeidentified a21-year- imagined the sue later this week efficacy date information in its public old man from aDenversuburb recovery that the –25 data from human trials of its disclosure of the vaccine’s ef- as the suspect in the killing market has seen fectiveness. Theday before, of 10 people in the Boulder since then, By Jenny Strasburg, AstraZeneca released interim attack. He was charged including 34 Thomas M. Burton data from alarge-scale U.S. with 10 countsofmurder. A4 record-highs for –50 and Joseph Walker trial that it said found its 2020 ’21 AstraZeneca said it the S&P 500 since Covid-19 vaccine to be 79% ef- last year’s low. B1 Source:FactSet Covid-19 vaccine afterU.S.of- fectiveinpreventing symp- would updateand reissue ficials took the rare moveof tomatic disease. efficacydatafromhuman publicly questioning their ac- Theresultsserved as a trials of itsCovid-19 vaccine curacy—the latest misstep by short-lived vote of confidence afterU.S.officials took the rare moveofpublicly ques- the British drug giant as it in the shot, which has been struggles to getits shot into cloudedbyuncertainty over tioning their accuracy. A1 Nigerian Gangs’ Brutal Business: American arms. previous, confusing efficacy Hospitals are pressing TheNational Instituteof PleaseturntopageA6 the Biden administration to Kidnapping Schoolchildren Allergy and Infectious Dis- payout the remaining relief eases said Tuesdayithad been Pfizer to expand vaccine funds that Congressgranted informed by the independent business using mRNA........... B1 last year to cover financial data-monitoring board work- Heard on the Street: Data losses from the pandemic. A7 Criminals earn millions in ransom and further destabilize region ingwith AstraZenecaonthe snafu likely to linger............ B12 Netanyahu appeared to hold aslight edgeoverhis rivals in exit polls forIs- BY JOE PARKINSON AND GBENGA AKINGBULE the terrified hostages from the Federal College of Forestry, sitting shirtlessinaforest clear- rael’s election,but the pro- KADUNA,Nigeria—Thekidnap forransom ing,asum equal to around $1 million. Masked jections indicated that there businessisbooming acrossnorthern Nigeria, men wielding Kalashnikovs paced among the Salesforce. would be no clear winner. A8 and schoolchildren areits hottest commodity. 39 students—mostly young women—then be- North Korea launched Just beforemidnight on March 11 gunmen gantohit them with bullwhips. several short-rangemissiles bargedintoaschool around 300 yardsfroma “Our lifeisindanger,” awoman screamed. #1 CRM. over the weekend, U.S. offi- militarytraining collegeinKaduna stateand “Just givethem what they want.” cials said, marking ashow seized dozens of students from their dormito- On March 13,the Nigerian armyfoiled an at- of defianceagainst Biden ries.Ittook lessthan 12 hoursfor the captors tempt to kidnap 300 morestudentsataboard- Ranked #1 for CRM Applications basedon and his administration. A9 to issue anow familiar demand, through a ing school lessthan 50 miles away.The follow- IDC 2020H1 Revenue Market ShareWorldwide. grainyvideo posted on Facebook. ing day, children were among agroup of 11 19.8% Senior WhiteHouse offi- “They want 500 million Naira,” said one of PleaseturntopageA10 cials arevisiting Mexicoand Guatemala this week in abid to curtail asurge of migrants at theU.S.southern border. A3 INSIDE Farewell, Dancing Snoopy— More packages, higher Hallmark Ends E-Cards prices and alonger window to deliver first-classmail un- iii derpin the Postal Service’s 10-year overhaul plan. A4 Sentimental fans rue loss of digital 5.3% 4.8% CONTENTS Personal Journal A11-12 greetings; ‘I was so upset’ 3.9% Arts in Review... A13 Property Report... B6 3.8% Business News.. B3,5 Sports....................... A14 Crossword.............. A14 Technology............... B4 BY SHARON TERLEP birthdays to Fridays.Nomore Heard on Street.B12 U.S. News......... A2-4,7 saxophone-playing Santa. No 2016 2017 2018 2019 2020H1 Markets..................... B11 Weather................... A14 Eriq Fields gotanemail more animated Maxine,the Source:

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