hhhh $2.00 what’s u.s.launchesairstrikesiniraq...

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YELLOW VOL. CCLXIV NO. 34 ******** SATURDAY/SUNDAY, AUGUST 9 - 10, 2014 HHHH $2.00 WSJ.com WEEKEND REVIEW Shakespeare AS LIFE COACH REVIEW Gizmos That Perfect Your Swing OFF DUTY n McDonald’s reported its worst monthly same-store sales since early 2003 as it dealt with a meat-supplier scandal in China and contin- ued weakness in the U.S. B1 n U.S. stocks rallied, with the Dow industrials rising 185.66 points on reports of easing tensions in Ukraine. B1 n A federal judge ruled that the NCAA’s ban on paying players for use of their like- ness violates antitrust law. A3 n The SEC is probing whether J.P. Morgan inappropriately steered private-banking cli- ents to its own products. B2 n A former lawyer at Van- guard Group has asked the SEC to intervene in a legal battle with the firm. B2 n A judge rejected as too small a proposed $324.5 million settlement in a Silicon Valley hiring-collusion case. B4 n More than two dozen states have urged the FDA to impose restrictions on elec- tronic cigarettes. B1 n Malaysia Airlines may face layoffs and board changes as part of plans to repair the embattled flag carrier. B3 n Paramount Group is seek- ing to raise up to $2.7 billion in what would be the largest IPO ever by a REIT. B5 What’s News i i i Business & Finance World-Wide i i i CONTENTS Books.......................... C5-10 Corporate News.....B3-4 Eating................................ D5 Heard on Street....... B14 In the Markets ........... B5 Letters to Editor...... A12 Opinion.....................A11-13 Sports............................. A14 Style & Fashion.... D3-4 The Week....................... C4 U.S. News ................ A2-4 World News........... A5-9 Wknd Investor........ B7-9 s Copyright 2014 Dow Jones & Company. All Rights Reserved > Inside NOONAN A13 The World The Great War Swept Away T he U.S. military launched airstrikes in northern Iraq as American forces returned to fight a Sunni extremist force. A1 Obama’s move to launch strikes is fraught with political risk, exposing him to criticism from both right and left. A7 n A fragile cease-fire in Gaza Strip collapsed in vio- lence as Israel and Hamas renewed their fighting. A5 n Lawsuits filed under the U.S. Family and Medical Leave Act surged in 2013. A3 n The WHO has declared the Ebola epidemic in West Africa an international pub- lic-health emergency. A5 n Ohio expressed concerns about Toledo’s water-supply safety in the months before a two-day restriction. A3 n A Shanghai court con- victed two foreigners for purchasing personal informa- tion on Chinese citizens. A9 n Afghanistan’s two presi- dential candidates endorsed a pact paving the way for a broad-based government. A5 n Recep Tayyip Erdogan is expected to beat his rivals Sun- day to become Turkey’s first directly elected president. A9 n Hawaii was thumped by the first of two large storms, damaging homes and cutting power to thousands. A3 n The death this week of former White House Press Secretary James Brady, has been ruled a homicide. A4 TechFirms’ MostWanted: Big-Data Scientist SHARIA, Iraq—“Daesh hatin, daesh hatin,” rippled from village to village across the Sinjar plains until all who could flee did, purg- ing the northern Iraqi land of its ancient population. Through the dayslong trek to safety that followed, the Yazidis of Sinjar took that catch phrase— a mixed Arabic-Kurdish warning of the advance of Islamic mili- tants—with them. Even in the rel- ative safety of Sharia, a hamlet straddling the border with Iraqi Kurdistan, neighbors spread the warning through a school court- yard housing the displaced, and children woke up at night in fright. “My children can’t sleep,” said Saleh al-Yas Khalaf, his six chil- dren scattered in a half-circle around him. “They just see the men with the beards all night long.” Mr. Khalaf, his two brothers and their families fled the Sinjar plains on the night of Aug. 2, when an exodus of Iraq’s Yazidi minority—Kurdish-speaking fol- lowers of a pre-Islamic faith—set off a humanitarian catastrophe in which tens of thousands were stranded on a mountainside. Families were separated by the advance of militants calling them- Please turn to page A8 BY NOUR MALAS AND ALI A. NABHAN A Religious Minority Runs for Its Life By the time the parents of Ser- ena Violano were in their early 30s, they had solid jobs, their own home and two small daugh- ters. Today, Serena, a 31-year-old law graduate, is still sharing her teenage bedroom with her older sister in their family home in the small town of Mercogliano, near Naples. Ms. Violano spends her days studying for the exam to qualify as a notary in the hopes of scor- ing a stable job. The tension over her situation sometimes spills over in arguments with her sister By Ilan Brat in Madrid and Giada Zampano in Rome GENERATION GAP Young, European and Broke For his Ph.D. in astrophysics, Chris Farrell spent five years mining data from a giant parti- cle accelerator. Now, he spends his days analyzing ratings for Yelp Inc.’s online business-re- view site. Mr. Farrell, 28 years old, is a data scientist, a job title that barely existed three years ago but since has become one of the hottest corners of the high-tech labor market. Retailers, banks, heavy-equipment makers and matchmakers all want specialists to extract and interpret the ex- plosion of data from Internet clicks, machines and smart- phones, setting off a scramble to find or train them. “People call them unicorns” because the combination of skills required is so rare, said Jona- than Goldman, who ran LinkedIn Corp.’s data-science team that in 2007 developed the “People You May Know” button, which five years later drove more than half of the invitations on the profes- sional-networking platform. Employers say the ideal can- didate must have more than tra- ditional market-research skills: the ability to find patterns in millions of pieces of data streaming in from different sources, to infer from those pat- terns how customers behave and to write statistical models that pinpoint behavioral triggers. At e-commerce site operator Etsy Inc., for instance, a biosta- tistics Ph.D. who spent years mining medical records for early signs of breast cancer now writes statistical models to fig- ure out the terms people use when they search Etsy for a new fashion they saw on the street. At mobile-payments startup Square Inc., a Ph.D. in cognitive psychology who wrote statistical models to examine how people change their political beliefs now looks for behavioral pat- Please turn to the next page BY ELIZABETH DWOSKIN The U.S. military launched a series of airstrikes in northern Iraq on Friday as American forces returned to action in Iraq to fight a brutal Sunni extremist force accused of attempting genocide in its bid to create a hard-line Islamic state. U.S. fighter jets and armed drones attacked targets in Iraq for the first time since the American troop withdrawal in 2011 to try to halt the Sunni ex- tremist advance on the Iraqi Kurdish capital of Erbil. The initial targets of the U.S. strikes—artillery, a group of fighters and a convoy of vehi- cles—were modest. Further at- tacks expected in coming days may remain relatively small, al- lowing the Obama administra- tion to stick to its pledge of lim- ited involvement. However, the U.S. faced the prospect of having to intensify the air offensive if militants, un- deterred, continue to press their attack against fleeing and trapped religious minorities and the Kurd- ish-dominated city of Erbil. The airstrikes are meant to provide critical support for Kurdish forces struggling to re- pel militants from the group Please turn to page A6 BY DION NISSENBAUM AND JULIAN E. BARNES U.S. Launches Airstrikes in Iraq Aim Is to Blunt March of Extremists On Kurdish Area over housework or their shared space. And with her 34-year-old boyfriend subsisting on short- term contracts, Ms. Violano doesn’t even dare dream of build- ing the sort of life her parents took for granted. “For our parents, everything was much easier,” she says. “They had the opportunity to start their own life. Instead, we don’t have any guarantees for our own fu- ture.” Ms. Violano’s stunted adult- hood and dashed expectations mark a generational divide be- tween younger and older Europe- ans that is challenging the Conti- nent’s dream of broad-based prosperity. In Europe’s weaker economies, Please turn to page A10 Gaza Truce Ends European Pressphoto Agency ON EDGE: A rocket damaged an Israeli home, above, as Hamas and Israel traded fire Friday amid talk of renewed negotiations. A5 Elder Care Average household spending in Spain by age of head of household The Wall Street Journal Note: €1=$1.36 Source: Spain's National Statistics Institute’s Household Budget Continuous Survey €40,000 0 10,000 20,000 30,000 ’07 ’08 ’09 ’10 ’11 ’12 65-plus 16–29 30–44 National average 45–64 People, including Yazidis and Christians, flee Nineveh province for Sulaimaniya ahead of advancing Islamic State fighters on Friday. Reuters Jets from the USS George H.W. Bush attacked militant targets in Iraq. US Navy handout/European Pressphoto Agency When These Little Pigs Go Racing, There Are Rules Against Boorishness i i i In Pig-N-Ford Contest, Model T Drivers Clutch Porkers; Rival Dynasties Squeal TILLAMOOK, Ore.—Driving in circles while holding a pig prop- erly is something that demands hewing to the rules. The Pig-N-Ford Race has long been the premier event at the Tillamook County Fair in this town of about 5,000. Each racer grabs a young pig from a pen with one arm, crank starts a Model T Ford with the other and drives around a dirt track clutching the porker. As the pigs join their racers this weekend for the 2014 Pig-N- Ford finals, they will face some of the sorts of rules, rivalries and whiff of controversy that of- ten consume motor sports. The contest was once a free- wheeling, low-key affair, says 77- year-old George Hurliman, who stopped racing in the 1980s after building a dynasty of nine career championships. “It used to be— it was more like buddy-buddy.” That was long before the Great Camshaft Controversy of 2010. Marty Walker, a UPS driver from nearby Sher- wood, that year tied Mr. Hurli- man’s record with a ninth win and solidi- fied his own porcine/automotive dynasty. Mr. Walker’s rivals suspected he cheated. So they exercised their rights under Article 7 of the Tillamook County Model T Pig and Ford Association Racing Rules, which lets members pay Please turn to the next page BY RYAN KNUTSON Air Attacks in Iraq New urgency for Baghdad’s government ............................... A6 Intervention carries political risk for White House........... A7 Review: Iraq’s ragtag army struggles to rebuild ............... C1 2014 American Customer Satisfaction Index Satisfied customers = Happy Connecting SM Sprint is the most improved U.S. company in customer satisfaction, across all 43 industries, over the last six years. sprint.com C M Y K Composite Composite MAGENTA CYAN BLACK P2JW221000-8-A00100-10FEEB7178F CL,CX,DL,DM,DX,EE,EU,FL,HO,KC,MW,NC,NE,NY,PH,PN,RM,SA,SL,SW,TU,WB,WE BG,BM,BP,CC,CH,CK,CP,DN,DR,FW,HL,HW,KS,LG,LK,MI,ML,NM,PA,PI,PV,TD,TS,UT,WO P2JW221000-8-A00100-10FEEB7178F

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Page 1: HHHH $2.00 What’s U.S.LaunchesAirstrikesinIraq Newsonline.wsj.com/public/resources/documents/pageone08092014.pdfwhen they search Etsy for a new fashion they saw on the street. At

YELLOW

VOL. CCLXIV NO. 34 * * * * * * * *

SATURDAY/SUNDAY, AUGUST 9 - 10, 2014

HHHH $ 2 .0 0

WSJ.com

WEEKENDREVIEW

ShakespeareAS LIFE COACH

REVIEW offdutyoffduty

GizmosThatPerfectYourSwing

OFF DUTY

n McDonald’s reported itsworst monthly same-storesales since early 2003 as itdealt with a meat-supplierscandal in China and contin-ued weakness in the U.S. B1

n U.S. stocks rallied, withthe Dow industrials rising185.66 points on reports ofeasing tensions in Ukraine. B1

n A federal judge ruled thatthe NCAA’s ban on payingplayers for use of their like-ness violates antitrust law. A3

n The SEC is probing whetherJ.P. Morgan inappropriatelysteered private-banking cli-ents to its own products. B2

n A former lawyer at Van-guard Group has asked theSEC to intervene in a legalbattle with the firm. B2

n A judge rejected as toosmall a proposed $324.5 millionsettlement in a Silicon Valleyhiring-collusion case. B4

n More than two dozenstates have urged the FDA toimpose restrictions on elec-tronic cigarettes. B1

n Malaysia Airlines mayface layoffs and board changesas part of plans to repair theembattled flag carrier. B3

n Paramount Group is seek-ing to raise up to $2.7 billionin what would be the largestIPO ever by a REIT. B5

What’sNews

i i i

Business & Finance

World-Wide

i i i

CONTENTSBooks..........................C5-10Corporate News.....B3-4Eating................................D5Heard on Street.......B14In the Markets...........B5Letters to Editor......A12

Opinion.....................A11-13Sports.............................A14Style & Fashion.... D3-4The Week.......................C4U.S. News................ A2-4World News........... A5-9Wknd Investor........B7-9

s Copyright 2014 Dow Jones & Company.All Rights Reserved

>

InsideNOONAN A13

The WorldThe Great War

Swept Away

The U.S. militarylaunched airstrikes in

northern Iraq as Americanforces returned to fight aSunni extremist force. A1 Obama’s move to launchstrikes is fraught with politicalrisk, exposing him to criticismfrom both right and left. A7

n A fragile cease-fire inGaza Strip collapsed in vio-lence as Israel and Hamasrenewed their fighting. A5

n Lawsuits filed under theU.S. Family and MedicalLeave Act surged in 2013. A3

n The WHO has declaredthe Ebola epidemic in WestAfrica an international pub-lic-health emergency. A5

n Ohio expressed concernsabout Toledo’s water-supplysafety in the months beforea two-day restriction. A3

n A Shanghai court con-victed two foreigners forpurchasing personal informa-tion on Chinese citizens. A9

n Afghanistan’s two presi-dential candidates endorseda pact paving the way for abroad-based government. A5

n Recep Tayyip Erdogan isexpected to beat his rivals Sun-day to become Turkey’s firstdirectly elected president. A9

n Hawaii was thumped bythe first of two large storms,damaging homes and cuttingpower to thousands. A3

n The death this week offormer White House PressSecretary James Brady, hasbeen ruled a homicide. A4

TechFirms’MostWanted:Big-DataScientist

SHARIA, Iraq—“Daesh hatin,daesh hatin,” rippled from villageto village across the Sinjar plainsuntil all who could flee did, purg-ing the northern Iraqi land of itsancient population.

Through the dayslong trek tosafety that followed, the Yazidisof Sinjar took that catch phrase—a mixed Arabic-Kurdish warningof the advance of Islamic mili-tants—with them. Even in the rel-ative safety of Sharia, a hamletstraddling the border with IraqiKurdistan, neighbors spread thewarning through a school court-yard housing the displaced, and

children woke up at night infright.

“My children can’t sleep,” saidSaleh al-Yas Khalaf, his six chil-dren scattered in a half-circlearound him. “They just see themen with the beards all nightlong.”

Mr. Khalaf, his two brothersand their families fled the Sinjarplains on the night of Aug. 2,when an exodus of Iraq’s Yazidiminority—Kurdish-speaking fol-lowers of a pre-Islamic faith—setoff a humanitarian catastrophe inwhich tens of thousands werestranded on a mountainside.

Families were separated by theadvance of militants calling them-

Please turn to page A8

BY NOUR MALASAND ALI A. NABHAN

A Religious Minority Runs for Its Life

By the time the parents of Ser-ena Violano were in their early30s, they had solid jobs, theirown home and two small daugh-ters.

Today, Serena, a 31-year-oldlaw graduate, is still sharing herteenage bedroom with her oldersister in their family home in thesmall town of Mercogliano, nearNaples.

Ms. Violano spends her daysstudying for the exam to qualifyas a notary in the hopes of scor-ing a stable job. The tension overher situation sometimes spillsover in arguments with her sister

By Ilan Brat in Madridand Giada Zampano in

Rome

GENERATION GAP

Young, European and Broke

For his Ph.D. in astrophysics,Chris Farrell spent five yearsmining data from a giant parti-cle accelerator. Now, he spendshis days analyzing ratings forYelp Inc.’s online business-re-view site.

Mr. Farrell, 28 years old, is adata scientist, a job title thatbarely existed three years agobut since has become one of thehottest corners of the high-techlabor market. Retailers, banks,heavy-equipment makers andmatchmakers all want specialiststo extract and interpret the ex-plosion of data from Internetclicks, machines and smart-phones, setting off a scramble tofind or train them.

“People call them unicorns”because the combination of skillsrequired is so rare, said Jona-than Goldman, who ran LinkedInCorp.’s data-science team that in2007 developed the “People YouMay Know” button, which fiveyears later drove more than halfof the invitations on the profes-sional-networking platform.

Employers say the ideal can-didate must have more than tra-ditional market-research skills:the ability to find patterns inmillions of pieces of datastreaming in from differentsources, to infer from those pat-terns how customers behave andto write statistical models thatpinpoint behavioral triggers.

At e-commerce site operatorEtsy Inc., for instance, a biosta-tistics Ph.D. who spent yearsmining medical records for earlysigns of breast cancer nowwrites statistical models to fig-ure out the terms people usewhen they search Etsy for a newfashion they saw on the street.

At mobile-payments startupSquare Inc., a Ph.D. in cognitivepsychology who wrote statisticalmodels to examine how peoplechange their political beliefsnow looks for behavioral pat-

Please turn to the next page

BY ELIZABETH DWOSKIN

The U.S. military launched aseries of airstrikes in northernIraq on Friday as Americanforces returned to action in Iraqto fight a brutal Sunni extremistforce accused of attemptinggenocide in its bid to create ahard-line Islamic state.

U.S. fighter jets and armeddrones attacked targets in Iraqfor the first time since the

American troop withdrawal in2011 to try to halt the Sunni ex-tremist advance on the IraqiKurdish capital of Erbil.

The initial targets of the U.S.strikes—artillery, a group offighters and a convoy of vehi-cles—were modest. Further at-tacks expected in coming daysmay remain relatively small, al-lowing the Obama administra-tion to stick to its pledge of lim-ited involvement.

However, the U.S. faced theprospect of having to intensifythe air offensive if militants, un-deterred, continue to press theirattack against fleeing and trappedreligious minorities and the Kurd-ish-dominated city of Erbil.

The airstrikes are meant toprovide critical support forKurdish forces struggling to re-pel militants from the group

Please turn to page A6

BY DION NISSENBAUMAND JULIAN E. BARNES

U.S. Launches Airstrikes in IraqAim Is to BluntMarch of ExtremistsOn Kurdish Area

over housework or their sharedspace. And with her 34-year-oldboyfriend subsisting on short-term contracts, Ms. Violanodoesn’t even dare dream of build-ing the sort of life her parentstook for granted.

“For our parents, everythingwas much easier,” she says. “Theyhad the opportunity to start theirown life. Instead, we don’t haveany guarantees for our own fu-ture.”

Ms. Violano’s stunted adult-hood and dashed expectationsmark a generational divide be-tween younger and older Europe-ans that is challenging the Conti-nent’s dream of broad-basedprosperity.

In Europe’s weaker economies,Please turn to page A10

Gaza Truce Ends

Euro

pean

Pres

spho

toA

genc

y

ON EDGE: A rocket damaged anIsraeli home, above, as Hamas andIsrael traded fire Friday amid talkof renewed negotiations. A5

Elder CareAverage household spending inSpain by age of head of household

The Wall Street Journal

Note: €1=$1.36Source: Spain's National Statistics Institute’sHousehold Budget Continuous Survey

€40,000

0

10,000

20,000

30,000

’07 ’08 ’09 ’10 ’11 ’12

65-plus

16–29

30–44

Nationalaverage

45–64

People, including Yazidis and Christians, flee Nineveh province for Sulaimaniya ahead of advancing Islamic State fighters on Friday.

Reut

ers

Jets from the USS George H.W. Bush attacked militant targets in Iraq.

US

Nav

yha

ndou

t/Eu

rope

anPr

essp

hoto

Age

ncy

When These Little Pigs Go Racing,There Are Rules Against Boorishness

i i i

In Pig-N-Ford Contest, Model T DriversClutch Porkers; Rival Dynasties Squeal

TILLAMOOK, Ore.—Driving incircles while holding a pig prop-erly is something that demandshewing to the rules.

The Pig-N-Ford Race has longbeen the premier event at theT i l l a m o o kCounty Fair inthis town ofabout 5,000.Each racergrabs a youngpig from a penwith one arm,crank starts aModel T Fordwith the otherand drivesaround a dirt track clutching theporker.

As the pigs join their racersthis weekend for the 2014 Pig-N-Ford finals, they will face someof the sorts of rules, rivalriesand whiff of controversy that of-ten consume motor sports.

The contest was once a free-wheeling, low-key affair, says 77-year-old George Hurliman, whostopped racing in the 1980s afterbuilding a dynasty of nine careerchampionships. “It used to be—it was more like buddy-buddy.”

That was long before theGreat CamshaftControversy of2010. MartyWalker, a UPSdriver fromnearby Sher-wood, that yeartied Mr. Hurli-man’s recordwith a ninthwin and solidi-fied his own

porcine/automotive dynasty.Mr. Walker’s rivals suspected

he cheated. So they exercisedtheir rights under Article 7 ofthe Tillamook County Model TPig and Ford Association RacingRules, which lets members pay

Please turn to the next page

BY RYAN KNUTSON

Air Attacks in Iraq New urgency for Baghdad’s

government............................... A6 Intervention carries political

risk for White House........... A7 Review: Iraq’s ragtag army

struggles to rebuild............... C1

2014 American CustomerSatisfaction Index

Satisfied customers =HappyConnecting SM

Sprint is themost improvedU.S. companyin customersatisfaction,across all 43industries, overthe last six years.

sprint.com

C M Y K CompositeCompositeMAGENTA CYAN BLACK

P2JW221000-8-A00100-10FEEB7178F CL,CX,DL,DM,DX,EE,EU,FL,HO,KC,MW,NC,NE,NY,PH,PN,RM,SA,SL,SW,TU,WB,WEBG,BM,BP,CC,CH,CK,CP,DN,DR,FW,HL,HW,KS,LG,LK,MI,ML,NM,PA,PI,PV,TD,TS,UT,WO

P2JW221000-8-A00100-10FEEB7178F