YELLOW

* * * * * * MONDAY, OCTOBER 27, 2014 ~ VOL. CCLXIV NO. 100 WSJ.com HHHH $2 .00

Lastweek: DJIA 16805.41 À 425.00 2.6% NASDAQ 4483.72 À 5.3% NIKKEI 15291.64 À 5.2% STOXX600 327.17 À 2.7% 10-YR. TREASURY g 21/32 , yield 2.273% OIL (new)$81.01 g $1.05 EURO $1.2671 YEN 108.16

CONTENTSCorporate News B2,3,6Heard on Street........ C8Law Journal................. B5Letters to the Editor A18Market Data................ C6Media............................... B6

Moving the Market C2Opinion............. A17,18,19Sports.............................. B8Technology................... B7U.S. News................. A2-6Weather Watch........ B7World News....... A12-16

s Copyright 2014 Dow Jones & Company.All Rights Reserved

>

What’sNews

i i i

World-Widen TheWhite House pushedback against states that quar-antine medical workers re-turning fromWest Africa, say-ing the move could interferewith efforts to fight Ebola. A1nTheNewYork City doctordiagnosedwith Ebola is toler-ating plasma treatment wellbut remains in serious condi-tion, officials said Sunday.A8nRepublicans and their alliesare putting money in moreHouse races they now see asin play, in another sign of atilt away from Democrats. A1n Brazil’s President Rousseffwon a second term, defeatinga conservative rival after arace that inflamed social andeconomic divisions. A12n Syria’s moderate rebels,losing ground in their two-front war against the regimeand Islamic State, pleaded formore Western support. A15n The U.S.-led coalitionhanded over its Helmand baseto the Afghan army, officiallyending combat operations inthe volatile province. A14n Pro-Western parties sweptUkraine’s elections, exit pollsshowed, pledging to tilt the na-tion firmly toward Europe. A13nHong Kong protesters spliton how to proceed, leading tothe cancellation of a vote oncity officials’ latest offer. A14nSome health-care providershave put off flu shots as vac-cine makers delay shipmentsdue to production problems B7n A U.S. judge is expected tohear closing arguments start-ing Monday in Detroit’s pro-posed restructuring plan. A3

i i i

European regulators saidall but 13 of the conti-

nent’s 150 leading banks haveenough capital to ride out an-other economic storm. A1, C5nMany investors now thinka downturn for Treasurys isstill a while off, the result of aweaker economic outlook andfading inflation forecasts. C1n A single copper buyer hassnapped up over half the in-ventory in LME warehouses,raising concerns about thepotential for higher prices. C1n China plans to slash thepay of top executives at state-owned firms to ensure thatonly committed CommunistParty members run them. B1nH-P has begun sounding outprivate-equity firms in Chinaabout buying its H3C corpo-rate-network unit there. B3n Venezuela scrapped plansto sell its Citgo refining unit,saying it had enough re-sources to honor its debtpayments this year. B3n Shire raised its earningsforecast after posting recordsales growth, underscoringthe drug maker’s lure afterAbbVie pulled out of a deal. B3n Retailers are using socialmedia to recruit for holidayjobs as the demand for sea-sonal employees climbs. B1nABC’s TV viewership is up7% from last year thanks totwo new shows, putting thenetwork No. 2 after CBS. B1n Top Banamex employeeshave left the bank this yearas Citigroup cleans house atthe Mexican subsidiary. C3

Business&Finance

JASON GAY IN SPORTS

NFL Midseason Report CardMONEY & INVESTING A Copper Caper

iStock

WASHINGTON—In a late moveto bolster their advantage, Re-publicans and their allies are in-vesting in additional House racesthat they now see as in play, asign that the political climate istilting toward the GOP ahead ofnext week’s elections.

The last-minute maneuveringhas the potential, if races breaktheir way, to bring Republicanscloser to the 12-seat gain needed tomatch the party’s post-WorldWarII record of holding 246 Houseseats. Democrats have withdrawnmoney recently from some GOP-held districts and redirected itlargely to endangered incumbentsin an effort to limit GOP gains.

“The national numbers havebeen poor for Democrats formonths, but now Republicans arefinding potential opportunitiesin places where previously theydidn’t think they had much of achance,” said Nathan Gonzales ofthe nonpartisan Rothenberg Po-litical Report.

The Republican entrance intoadditional districts—in Iowa, Ne-vada and elsewhere—adds to evi-dence that voters are making alate turn away from the Demo-cratic party. A Wall Street Jour-nal/NBC News/Annenberg surveyreleased Sunday found Republi-cans with a four-point lead

PleaseturntopageA4

BY KRISTINA PETERSONAND ALEJANDRO LAZO

GOPTargetsMoreRacesRepublican MoneyFlows toHouseSeatsNow Seen in Play

The White House pushed backagainst the governors of NewYork, New Jersey, Illinois andother states that instituted pro-cedures to forcibly quarantinemedical workers returning fromWest Africa, deepening an emo-tional debate brought on by re-cent Ebola cases in the U.S.

A senior administration officialsaid Sunday that new federalguidelines under development

would protect Americans from im-ported cases of the disease but notinterfere with the flow of U.S.health workers to and from WestAfrica to fight the epidemic there.

“We have let the governors ofNew York, New Jersey and other

states know that we have con-cerns with the unintended conse-quences... [that quarantine] poli-cies not grounded in science mayhave on efforts to combat Ebolaat its source,” the official said.

It wasn’t clear what action theObama administration could taketo end the quarantines.

New York Gov. Andrew Cuomoon Sunday night gave the firstnew details about how his state’s

quarantine would work, notingthat individuals would be al-lowed to stay in their homes for21 days. State and local health-care workers would check onquarantined people twice a dayto monitor for Ebola symptoms.People whose jobs won’t com-pensate them during their quar-

PleaseturntopageA8

By ColleenMcCainNelson,Melanie GrayceWestand Betsy McKay

White House Pushes BackOn State Ebola Quarantines

Brazil’s Rousseff Is Re-Elected President

UesleiM

arcelin

o/Re

uters

EuropeanBanks GetHealthyCheckup New York City’s top counterterrorism official

went to Florida last week to warn a group of po-lice chiefs about the growing threat of self-radical-ized terrorists. Back home in New York on Thurs-day, a 32-year-old man provided Exhibit A,attacking two police officers with a hatchet beforehe was shot and killed by police.

At first glance, the attack outside a Queens de-partment store seemed simply the act of a de-ranged man acting alone. But to a growing numberof local and national law-enforcement officials, theattack represented terrorism inspired by extremist

By Pervaiz Shallwani, Donna Brysonand Nick Timiraos

TERROR FIGHT

New Alarm Sounds in U.S.Over ‘Lone Wolf’ Attacks

Hoping to quell years of anxi-ety about Europe’s financialhealth, regulators said Sundaythat all but 13 of the continent’sleading banks have enough capi-tal to ride out another economicstorm.

The European Central Bankand the European Banking Au-thority announced the results ofa nearly yearlong effort to as-sess the finances of 150 banks,identifying 13 that still need tocome up with a total of €9.5 bil-lion ($12 billion) in extra capital.

Overall, 25 banks technicallyfailed the so-called stress tests,facing a cumulative shortfall of€24.6 billion. But most have al-ready taken steps to solve theirproblems since the end of 2013,the cutoff date for the exercise.

To pass the tests, banks hadto show that they had amplecapital to survive a crisis thatwould cause Europe’s economyto fall 7% below current fore-casts and the unemploymentrate to rise to 13%.

The exams are part of an ef-fort to reassure investors andthe public that, following yearsof destabilizing banking melt-downs and long after the U.S.defused its financial crisis, Eu-rope’s lenders are back on solidfooting. Restoring that confi-dence is a top priority, becausethe continent’s sluggish economyneeds healthy banks to provideloans to households and busi-nesses.

For the ECB, Sunday’s resultsare the final milestone before it

PleaseturntopageA16

By Gabriele Steinhauser,David Enrich

andMax Colchester

EAST LANSING, Mich.—Cy-clists can forget miles per hour.The Grose brothers have a betterway to track progress on twowheels: beers per hour.

Shawn Grose andhis brother Aaron areset to open next yearWindmill PointeBrewery in Detroit’sEastern Market, lo-cated in the MotorCity neighborhoodonce home to theStroh Brewery Co.But rather than relyon beer history topromote their company, they areturning to power generation tohelp sell suds.

The Messrs. Grose intend tooutfit the microbrewery withstationary bikes wired to pro-duce the energy needed to brewbeer. They estimate that Joe Six-

pack can pedal at a rate to pro-duce two to three beers an hour.Customers can shed calories andsave energy before kicking backto drink some of the beer theyhelped create.

“We are trying to change themode of biking fromrecreation and trans-portation to energyproduction,” ShawnGrose, a former sci-ence teacher, said.“We’ve been talkingabout this [for] sevenyears, and therecomes a time whenyou either keep ondreaming or bring

that dream into reality.”Aaron Grose has worked in

the beverage industry and isamong the many entrepreneurstrying to fuel Detroit’s turn-around by coming up with brightideas. In recent years, a flood of

PleaseturntopageA6

BY MIKE RAMSEY

Now Brewing in Detroit:A Startup That Aims to Pedal Beer

i i i

Customers on Stationary BikesPower Production; Suds for Time Logged

websites and social media that exhorts alienatedpeople to take up the cause with acts of violence.

Law-enforcement officials say these “lone wolf”type of terrorists are hard to defend against. NewYork Police Commissioner William Bratton saidFriday that even though police believe the manwith the hatchet acted alone, they are treating itas a terrorist attack. “There is a growing numberof these individuals out there,” he said.

Last week’s attacks in New York and Ottawa,Canada, where a lone gunman shot and killed a sol-dier at a national war memorial and then stormedParliament before he was gunned down, underscorea rising concern of U.S. and Western counterterror-ism officials: One-off, homegrown attacks are much

PleaseturntopageA6

WINNER: Incumbent Dilma Rousseff, left, and Brazil’s former president, Luiz Inácio Lula da Silva, celebrate after she won a second term on Sunday,defeating the conservative Aécio Neves. The vote comes as Brazil copes with a stagnant economy and a large population clamoring for change. A12

Source: WSJ/NBC News/Annenberg PublicPolicy Center poll of 1,227 registered votersconducted Oct. 17-23; margin of error: +/–3.4pct. pts.

The Wall Street Journal

Trending RedA weekly poll of voters'preference for the outcome ofthis year's congressionalelections shows a late shift to theRepublicans.

50

0

10

20

30

40

%

Oct.Sept.

46%42%

12%

Republicans Democrats

Not sure

Strategy shift in West Africa... A8

Focus on early voters................ A4 Courting ‘basement grads’...... A4

Simon Nixon: ECB’s big step... A16 New blow for Italian lender.... C5 Heard on the Street.................... C8

FLEET MANAGEMENT | SUPPLY CHAIN SOLUTIONS

Ryder and the Ryder logo are registered trademarks of Ryder System, Inc. Copyright © 2014 Ryder System, Inc.Ever better is a trademark of Ryder System, Inc.

Smoother operations. That ’s Ryder.Specialized capabilities and proactive services—that’s what allows us tocontinuously optimize supply chain operations and cut inbound logisticscosts by up to 15%. Discover how outsourcing with us can improve yourfleet management and supply chain performance at ryder.com.

CM Y K CompositeCompositeMAGENTA CYAN BLACK

P2JW300000-6-A00100-1--------XA CL,CN,CX,DL,DM,DX,EE,EU,FL,HO,KC,MW,NC,NE,NY,PH,PN,RM,SA,SC,SL,SW,TU,WB,WEBG,BM,BP,CC,CH,CK,CP,CT,DN,DR,FW,HL,HW,KS,LA,LG,LK,MI,ML,NM,PA,PI,PV,TD,TS,UT,WO

P2JW300000-6-A00100-1--------XA