What’s News
Tribunal Rejects Beijing’s Claims to South China Sea
An international tribunal ruled that China’s claim to historic rights in most of the South China Sea has no legal basis, dealing a severe setback to Beijing that the U.S. fears could intensify Chinese efforts to establish its control by force. 143
Analysis
After Ruling, Humiliated China Turns Wrath on U.S.
Beijing will paint a verdict that strikes down its historic claims in the South China Sea as rooted in a U.S. conspiracy to contain China’s rise.
Dow Industrials Set New Intraday High
The rally in global stocks continued Tuesday, as the Dow Jones Industrial Average set a new intraday high, building on recent gains a day after the S&P 500 closed at a record.
Obama Calls for ‘Public Option’ in Affordable Care Act
President Obama is suggesting that Congress and his White House successor add a government-run insurance option to the Affordable Care Act. 689
Election 2016
Trump Said Clinton Would ‘Make a Good President’ in 2008 Radio Commentary
Kind words for presumptive presidential rival came in a previously unreported clip from ‘Trumped!,’ a syndicated radio feature that aired from 2004 to 2008 and consisted of a daily commentary of about 60 seconds from the real-estate mogul. 703
Hillary Clinton Will Campaign With Bernie Sanders
Hillary Clinton will appear with primary opponent Bernie Sanders after weeks of negotiations between the two camps. Mr. Sanders is expected to endorse Mrs. Clinton but a main question is whether rank-and-file voters who backed the Vermont senator will fall in line.
SEC Investigating Tesla for Possible Securities-Law Breach
The SEC is investigating whether Tesla Motors breached securities laws by failing to disclose a fatal crash in May involving an electric car that was driving itself. 102
Nintendo's new smartphone game, Pokémon Go, has become an unexpected craze and it's translating in a spike of $9 billion in market value for the company. WSJ's Sarah Needleman discusses with Lee Hawkins. Photo: Nintendo
Pokémon Craze Sparks Search for Monster Profits
Nintendo shares rose 12.7% in Tokyo trading following a 25% surge on Monday, pushing the videogame maker’s market capitalization above $30 billion. But how much revenue will flow to the company’s bottom line?
CFO Journal
Accountants, Auditors to Get a New Ethics Rule Book
Accountants will soon get a new and expanded rule book that gives them step-by-step guidance on what to do if they uncover corporate misdeeds, from money laundering to environmental abuses.
Starbucks Raises Prices on Some Drinks
Customers at many of Starbucks’ U.S. stores will pay as much as 30 cents more for certain beverages, causing the average customer ticket to increase by about 1%.
AMC to Buy European Theater Chain Odeon & UCI
AMC said Tuesday that it would acquire European movie theater operator Odeon & UCI for about $650 million in a deal helped by the weaker British pound following the U.K.’s vote to leave the European Union.
OPEC Cites Brexit Risk to Global Oil Demand, Economy
The U.K.’s vote to leave the European Union poses risks to global economic growth and oil demand in Europe, OPEC said.
Carney Defends Bank of England Warnings Over Brexit Risks
Bank of England officials defended their conduct during the U.K.’s referendum debate, saying warnings about the potential risks facing the economy are being borne out.
Jim Breyer, IDG Raise $1 Billion China Fund
Silicon Valley investor Jim Breyer and Chinese firm IDG Capital have raised one of the largest venture-capital funds in China despite concerns that the market for later-stage startups is overheated.
Higher Costs Bite Chocolate Makers
The cost of chocolate’s two crucial ingredients, cocoa butter and sugar, has risen sharply this year, in an unwelcome development for chocolate makers.
Property Report
Shoppers Are on Alert for More Than Bargains at Malls
Consumers and mall landlords are paying more attention to security issues amid the spate of shootings in public areas in recent months.
World
Egyptian Women Use Social Media to Test Roles
“Confessions of a Married Woman,” an invitation-only Facebook group, has grown quickly in a country where women often face sexual harassment and violence.
Despite Defaults, China’s Zombie Companies Stay Alive
In mature economies, defaults usually usher in wrenching change. But China’s efficiency drive—aimed at long-coddled state industries—is taking a back seat to short-term concerns about growth and jobs.
Sports
Baseball Remembers How to Score Runs
After years of weak offense, baseball players are adopting a new approach: Forget about your batting average and swing for the fences. And it’s working.
Health & Wellness
Muscle cramps are the bane of existence for athletes, whether professional or amateur. WSJ's Matthew Futterman discusses the new thinking on cramps with Lee Hawkins. Photo: Getty
A New Way to Prevent Muscle Cramps
Nobel Prize winner Rod MacKinnon found that pungent and spicy tastes can hinder neurological misfires that cause muscle cramping. He and others developed the spicy drink, Hotshot, to help. 63
Prediabetes Awareness Campaign Sparks Pushback
Some doctors say the government’s effort to screen millions of people risks overdiagnosis of the condition and could cause needless fears.
Video
South China Sea Ruling Is a Major Setback for Beijing
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Italy Train Crash Leaves at Least a Dozen Dead
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Five Things About The Pokémon Go Game Craze
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Doctors Treat First Patient With Newly Approved Heart Stent
Absorbable stent from Abbott is used in hopes of reducing repeat procedures and other complications in treating blocked arteries.
‘Sing’ Trailer Makes the Most Noise on Twitter
The animated film features the voices of Matthew McConaughey, Reese Witherspoon and Scarlett Johansson.
CMO
Fox to Live-Stream Primetime Programming
Fox Broadcasting Co. said Monday the network would begin live-streaming its primetime programming in a bid to target viewers who want to tune into programs on the web instead of traditional TV.