P2JW288000-6-A00100-17FFFF5178F ****** WEDNESDAY,OCTOBER 14,2020~VOL. CCLXXVI NO.89 WSJ.com HHHH $4.00 DJIA 28679.81 g 157.71 0.5% NASDAQ 11863.90 g 0.1% STOXX 600 370.96 g 0.5% 10-YR. TREAS. À 15/32 , yield 0.726% OIL $40.20 À $0.77 GOLD $1,888.50 g $34.00 EURO $1.1745 YEN 105.48 WTO What’s News Opens Boeing Business&Finance OL PO S To EU he WTO said the Euro- /PRES Tpean Union mayimpose tariffs on $3.99billion in Boe- THEW WN Tariffs ing jetsand other U.S. goods annually as part of a long- SHA running trade dispute. A1 OL; Trade body’s ruling PO Cinema giant AMC S follows last year’s warned that it could ruN /PRES authorization of U.S. out of cash by year’s end if MS it doesn’t raise additional levies against Airbus WILLIA funds or get more people M back into theaters. A1 TO BY JOSH ZUMBRUN OL; JPMorganand Citigroup PO AND DANIEL MICHAELS delivered better-than-ex- S pected quarterly results, but /PRES TheWorld Trade Organiza- the leadersofboth banks tion said theEuropean Union warned that the economy mayimpose tariffs on $3.99bil- isn’t out of the woods. B1 ANGERER lion in Boeing Co.jetsand other DREW U.S. goods annually as part of a Pilgrim’sPride said it had : long-running trade dispute. agreed to aplea deal with the LEFT Tuesday’sruling clearsthe JusticeDepartment to resolve OM way forthe EU to respond to price-fixing chargesand will FR Judge Amy Coney Barrett faced a day questioning Tuesday from members of the Senate Judiciary Committee. tariffs that the trade body last paya$110.5 million fine. B1 October authorized the U.S. to Apple unveiled four impose on $7.5 billion in Airbus iPhone 12 models capable of SE jetsand other imported Eu- connecting to amuch faster Court Pick Parries Questions ropean products, the largest ar- 5G cellular network. B1, B4 bitration award in WTOhistory. EU officials have said they Deltaoffered cautious op- hope to negotiateasettlement timism that demand fortravel with the U.S.,and manyob- is starting to return but said On Abortion and Health Law serversexpect Europe to re- itslosses were mounting. B1 frain from levying tariffs U.S. stocks fell amid quickly.The bloc said last year mixed earningsreports, BY BRENT KENDALL weeks beforethe court is to might tilt one way or another “But Iwant to be carefulto it had prepared a preliminary with the S&P 500,Dow and hear acase challenging the in apending case,” JudgeBar- saythat if I’m confirmed you list of U.S. products to target Nasdaq losing 0.6%, 0.5% WASHINGTON—JudgeAmy Obama-eraACA.The nominee, rett said. would not be getting Justice in retaliation, if necessary. and 0.1%, respectively. B13 Coney Barretttold senatorsshe likeothersofrecent years, The48-year-old judge, a Scalia,” she said. “You would be Theruling came the same wouldn’t impose her personal chose her answers carefully longtime University of Notre getting JusticeBarrett, and dayBoeing said it didn’t win BlackRock’s quarterly views on the law, as the Su- and avoided making specific Dame lawprofessor who has that’ssobecause originalists anynew ordersinSeptember profit rose 22% as inves- preme Court nominee side- commitmentsabout howshe served forthree yearsonaChi- don’talways agree.” and delivered only 11 aircraft, tors turned to the money stepped questions about abor- mightrule on hot-buttonlegal cago federal appeals court, Thetone waslargely civil, weighed down by the continued manager’s massivelineup of tion rightsand said she isn’t issues.She also declined to voiced support fororiginalism, even when Democratswere grounding of the 737MAX, funds across markets. B12 hostiletothe Affordable Care shareher views on whether themethod of legal interpreta- criticizing the nominee.With weak demand forits wide-body A judge denied bids by Act and guncontrol. past Supreme Court rulings, in- tion that favors interpreting people across the U.S. already planes and production problems Theranos founder Holmes JudgeBarrett, President cluding on abortion rights, theConstitution according to voting and Republicans having affecting its787 Dreamliner. and former top executive Trump’schoicetosucceed the were correctly decided. itsperceived original meaning. made clear they have the votes Thejetliner disputeisthe Balwani to dismissthe crim- lateJusticeRuth Bader Gins- “IfIexpressaviewona ThelateJusticeAntonin Scalia, PleaseturntopageA4 longest sincethe WTO’sincep- inal charges they face. A3 burg, faced senatorsTuesdayiN precedent one way or another, aconservativeiconwho was tion. In 2004, the U.S. took Eu- an all-dayhearing three weeks whether Isay IloveitorIhate JudgeBarrett’smentor,cham- Supreme Court rules census ropean countries to the WTO World-Wide beforeElection Dayand four it, it signals to litigantsthat I pioned that approach. count can end early............... A4 PleaseturntopageA2 Barrett told senators Bank Share-priceand indexperformance she wouldn’t impose her 5% Cinema Giant AMC personal views on the law, Results CHANGE as the Supreme Court SINCE OCT. 7 4 nominee sidestepped Outshine JPMorgan questions about abortion FacesCash Crunch 3 Chase rights and said she isn’t Forecasts 2.8% hostile to the Affordable JPMorgan’s third- 2 KBWNasdaq CareAct or guncontrol. A1 Bank Index As Moviegoing Falls quarter earnings The Supreme Court ap- 2.5% increased 4%, 1 proved Trump administration beating analysts’ plans to end the census be- estimates, and 0 BY MATT GROSSMAN have been devastated this year fore an Oct. 31 deadline,sus- Citigroup posted a AND ALEXANDER GLADSTONE as officials enforcedrestric- pending lower-court orders smaller loss than tions against gatheringsand –1 requiring the count to con- expected, but both The world’s largest movie- people have avoided indoor tinue according to asched- Citigroup banks warned of –1.6% theater companyfaces running crowdsamid the pandemic. ule announced in April. A4 uncertainty about –2 out of cash by year’s end if it Thesharp downturn in theater Trump asked the Supreme the country’s Oct. 7Oct.8 Oct. 9Oct.12Oct.13 doesn’traise additional funds attendance has caused Holly- Court to delay the enforce- economy. B1 Source:FactSet or getmorepeople back to wood studios to delaymajor ment of asubpoena issued by theaters, as the pandemic con- movie releases and focus more NewYork stateprosecutors tinues to disrupt businesses on providing streaming enter- forfinancial documents, in- dependent on attracting con- tainment to reach consumers cluding his taxreturns. A4 sumers to public spaces. at home, giving them less in- On Wall Street Regulation, AMCEntertainment Hold- centive to go to theaters. McConnell said the Senate ings Inc. said Tuesday that it The pandemic and govern- would vote on anarrow coro- hasreopened 83% of itsU.S. ment restrictions on public navirus relief bill next week, Biden KeepsEveryone Guessing theaters, but that attendance gatheringsalso have hurt setting up apotential show- is down about 85% at those otherindustries,but some down with Democratswho theatersfromthe year before. have been able to pivot more want a broader package. A3 At the company’scurrent easily.For example,restau- Afederallyfunded clini- Progressives, moderates vie for candidate’s ear as he edges left cash-burn rate,its reserves rantsare focusing moreoN caltrial testing an experi- would be depleted by the end outdoor dining and delivery, mental Eli Lilly Covid-19 of this year or early next year, while retailers are emphasiz- treatment has been paused BY JULIE BYKOWICZAND TED MANN his opponentsduring abruising Democratic Kansas-based AMC said. ing online sales. due to apotential safety con- presidential primary. Now, he is edging left Movie-theater operators PleaseturntopageA12 cern, the companysaid. A7 WILMINGTON, Del.—Fifteen years ago, on arangeofissues from student debt to Joe Biden defended credit-card companies stock buybacks,leaving both progressives The men charged with during a testy Senate exchange with Eliza- and Wall Street Democratsguessing whose plotting to kidnap Michigan’s beth Warren over legislation curtailing con- side of the financial-regulation fight he is on. TV Production Gets governor also discussed sumers’ ability to shed their debts in bank- Mr.Biden’sallies sayhehas always fa- abducting Virginia Gov. ruptcy. voredMain Street over Wall Street. Critics, Northam, an FBI agent tes- This March, he adopted her argument en- including Vermont Senator and primaryrival A Pandemic Makeover tified at acourt hearing. A3 tirely. Bernie Sanders, oftenhaveportrayed him as Seniorsand other Amer- Mr.Biden spent 36 yearsasasenator favoring lendersoverthe little guy. Mr.Sand- icans receiving Social Secu- from the credit-cardand corporatemecca of ersbacks Mr.Biden in the general election. BY JOE FLINT starsorintimacybetween rity will see a1.3%increase Delaware,wherehebuilt relationships and a President Trump hasn’t made a campaign characters, wherever possible. in benefitsnextyear,the voting record that provided ammunition for PleaseturntopageA6 Just before production re- Crew membershavebackups federal government said. A2 sumed in August on the hit in case they getsick.Special CBSpolicedrama “S.W.A.T.,” cameras give the illusion that 2020 Is Already Scary—Halloween Likely Won’t Be co-creator and executive pro- actorsare near each other JOURNAL REPORT ducerShawn Ryan called an when they are far apart. iii infectious-disease expert with For some, regardless of all Leadership: The Top one question. the safety measures,the Sustainably Managed Welcome long candy chutes, quarantined books, virtual parades “Are we crazy to be doing health risks aretoo great to Companies R1-10 this?” Mr.Ryanasked Marissa participate. BY ANNE MARIE CHAKER Mr.Thompson attaches candy Baker, a professor at the Uni- On the set of “S.W.A.T.,” to the creature’shands.He versity of Washington. which is produced by Sony CONTENTS Personal Journal A13-14 To getinthe Halloween then gives ashovetosend it Ms. Baker, who specializes Pictures Television,actorsand Arts in Review... A15 Property Report... B6 Business News.. B3,5 Sports........................ A16 spirit this year, Matt Thomp- outand pulls it back with a in potential exposuretoinfec- the people who need to be Crossword.............