The Wall Street Journal - 07.10.2019

***** MONDAY, OCTOBER 7, 2019 ~ VOL. CCLXXIV NO. 83 WSJ.com HHHH$4.

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Second

Official

Comes

Forward

On Trump

‘Multiple’ sources back

account of president’s

dealings with Ukraine’s

leader, legal team says

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Uber

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LeviStrauss

Pinterest

9% Firstdayoftrading

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28

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44

More Than 100 Die as Iraqis Protest Corruption, Lack of Jobs

RAGE OVERFLOWS: Medics rushed injured demonstrators in Baghdad to a hospital. Over the past five days, Iraqis have taken to the

streets in anger over runaway inflation, economic mismanagement and corruption in the 16 years since the U.S.-led invasion. A

MURTADHA SUDANI/ANADOLU AGENCY/GETTY IMAGES

Why Is Mariah Carey Back

On the Charts? Blame TikTok

iii

Old hits get new life on social video app;

‘Who doesn’t love a good, classic Dolly?’

RELIGION

A Catholic Church

panel will consider

loosening the celibacy

rule for priestsA

LAW

The Supreme Court

returns, with issues

such as abortion, guns,

gay rights on docketA

WASHINGTON—At least one

additional whistleblower with

firsthand knowledge of the cir-

cumstances around President

Trump’s July call with his

Ukrainian counterpart has

come forward, according to

lawyers representing both the

individual and the CIA officer

whose initial complaint helped

spark an impeachment inquiry.

The existence of a second

whistleblower comes as Mr.

Trump repeatedly has sought

to attack the credibility and

motive of the first individual,

whose whistleblower complaint

in August details efforts by the

president to pressure Ukraine

to investigate a political rival.

“I can confirm that my firm

and my team represent multi-

ple whistleblowers,” Andrew

Bakaj, the lead attorney for the

first whistleblower, wrote in a

tweet. “No further comment at

this time.”

Mark Zaid, another attorney

representing the initial whistle-

blower, said that a second

whistleblower, also an intelli-

gence official, has come for-

ward with information about

some of the allegations de-

scribed in the initial complaint.

Please turn to page A

BYDUSTINVOLZ

With contract talks in De-

troit in a critical stretch, bar-

gainers at General Motors Co.

and the United Auto Workers

union clashed over competing

proposals during the weekend,

BYNORANAUGHTON

ANDMIKECOLIAS

as they struggled to resolve

the longest nationwide strike

at the company in decades.

The UAW’s top bargainer for

GM said Sunday that talks had

taken “a turn for the worse,”

saying that the giant auto

maker had reverted back to a

previously rejected proposal

with only minor changes. That

marked a change from Friday,

when negotiators expressed

hope an agreement that would

lead to an end of the three-

week standoff could be largely

hashed out during the weekend.

Still, negotiations continued

Sunday even after the letter

was released. Some on the com-

pany side feel the parties re-

main close on important issues

that have been sticking points,

including pay for newer em-

ployees and a path to full-time

status for temporary workers,

according to a person familiar

with the company’s thinking.

GM’s team felt blindsided by

the union’s public rejection of

its offer, this person said.

“We continue to negotiate

in good faith with very good

proposals that benefit employ-

ees today and builds a stron-

ger future for all of us,” a GM

spokesman said. “We are com-

mitted to continuing discus-

sions around the clock to

reach a resolution.”

A resolution would move

the union closer to concluding

a strike at GM that is poised

to enter its fourth week, a na-

tionwide walkout that is al-

ready the company’s longest

since 1970.

The strike has halted fac-

Please turn to page A

GM, Union Clash as Talks Narrow

UAW rejects latest

offer, citing ‘turn for

the worse,’ though

negotiations continue

IPO Market Cools Off

Shares of newly public companies, earlier this year one of the

hottest investments on Wall Street, are slumping after investors

soured on unprofitable startups such as Uber and WeWork. B

Kong,” in reference to the mass

rallies against China’s authori-

tarian government on the

streets of the semiautonomous

city. The Rockets are scheduled

to play an exhibition outside

Tokyo on Tuesday.

Mr. Morey quickly deleted

the tweet, but the damage was

done. Chinese sponsors pulled

their money from the franchise,

Chinese broadcast partners said

they wouldn’t air Rockets

games and the Chinese Basket-

ball Association suspended its

ties with one of the NBA’s best

teams.

Mr. Morey tweeted again on

Sunday night to explain that his

views don’t represent the

team’s or the league’s. The NBA

soon addressed the fallout for

the first time, but the league

quickly found itself under attack

by American politicians on the

left and right for its statement,

which attempted to reaffirm the

league’s commitment to free

speech but said it was “regret-

table” that Mr. Morey’s tweet

had offended Chinese fans and

partners.

“The values of the league

Please turn to page A

The National Basketball As-

sociation scrambled late Sunday

to contain an escalating crisis in

China after a Houston Rockets

executive’s tweets supporting

pro-democracy protests in Hong

Kong sparked an international

furor.

The league’s carefully plotted

strategic emphasis on China

was jolted off course on Friday

night when Rockets general

manager Daryl Morey tweeted

an image with the words “Fight

for Freedom. Stand with Hong

BYBENCOHEN

NBA Furor Rages on Official’s

Tweet on Hong Kong Protests

starring then-actor Ronald

Reagan.

In the decades that fol-

lowed, medical schools

started accepting greater

numbers of women, who are

more likely to be Democrats

(women today account for

nearly half of U.S. medical

students). Consolidation and

the cost of new technology

made it harder to own a

small practice. Older physi-

cians sold theirs, and new

ones didn’t want to hang

their own shingle, so they be-

came employees of health

systems. The result is fewer

Please turn to page A

Doctors used to be Amer-

ica’s quintessential Republi-

cans. During the 20th cen-

tury, most were high-earning

men who owned their own

practices. They liked Republi-

cans’ support for curbing

medical malpractice lawsuits

and limiting government’s

role in health care. When

Democrats proposed creating

Medicare in the 1960s, the

American Medical Associa-

tion, the largest physician

group then and now, opposed

the idea with a campaign

BYJANETADAMY

ANDPAULOVERBERG

Changes in Medicine

Push Doctors to Left

Policy and demographics drive historic shift

in profession once filled with GOP stalwarts

INSIDE

One of the first songs Dane

Drennan heard on TikTok was

“Fergalicious.”

The song has

popped up in a range

of short TikTok

videos, including

people lip-sync-

ing to the lyr-

ics as well as

more random

scenes: a girl fall-

ing down the

stairs, someone

painting a Sponge-

Bob SquarePants character on

a shirt, and a science experi-

ment with a beaker, a match

and a hard-boiled egg.

“I hadn’t thought of that

song in a hot minute,” said Mr.

Drennan, a 19-year-old sopho-

more in Oklahoma City. The

song was first released 13

years ago, when he

was 6 years old. Mr.

Drennan has since

saved the song on

Spotify so he can lis-

ten to it some more.

TikTok, the so-

cial video app that

has boomed with

younger generations

since its launch just

over a year ago, has become a

force in the music industry, de-

Please turn to page A

BYMATTHEWRIVA

Obsessed

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CONTENTS

Banking & FinanceB

Box Office..................B

Business News. B3-

Crossword.............. A

Heard on Street.. B

Life & Arts...... A13-

Opinion.............. A17-

Outlook.........................A

Small Business.......B

Sports........................ A

U.S. News............. A2-

Weather................... A

World News A6-8, 10

s2019 Dow Jones & Company, Inc.

All Rights Reserved

>

What’s

News

At least oneadditional

whistleblower with firsthand

knowledge of the circum-

stances around Trump’s July

call with his Ukrainian coun-

terpart has come forward.A

Barr is stoking tensions

in foreign capitals, going out-

side usual channels to seek

help in reviewing the origins

of a U.S. probe begun during

the 2016 campaign.A

The NBAfaces a furor

over a team executive’s

tweet supporting Hong

Kong’s pro-democracy move-

ment.A

Authorities are racingto

drain water from swollen

reservoirs on the Upper Mis-

souri River to prepare for

next year’s flood season.A

Years of economicmis-

management and corruption

in Iraq have led to protests

that have killed nearly 100

people.A

U.S. forcesare expected

to withdraw from northern

Syria in advance of an ex-

pected incursion of Turkish

forces.A

Trump’s hopes for a deal

to denuclearize North Korea

were set back when it de-

manded a significant U.S.

concession. A

B

argainers at GMand

the UAW union clashed

over dueling proposals dur-

ing the weekend, a sign the

road to ending the longest

strike at the auto maker in

decades remains bumpy.A

While commission-free

stock trading is a victory for

online brokerages, it could

also make the firms a victim

of their own success.B

The outlookfor third-quar-

ter corporate profits is dark-

ening, a threat to further de-

rail a stock market already off

to the worst start to a quarter

since 2016.B

Shares of newly public

companies are in a slump

after investors soured on

unprofitable startups from

Uber to WeWork.B

U.S. health officialsare

confronting a sprawling black

market for vaping products

as they seek to combat a

mysterious lung illness and a

surge in teen vaping.B

As Americans grabfor

more snack bars, sales are

falling for the big brands from

General Mills and Kellogg.B

Warner Bros.’“Joker”

soared to a record October

opening weekend as height-

ened security didn’t deter

moviegoers.B

Business&Finance

World-Wide

JOURNAL REPORT

Investing in Funds:

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