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Tuesday, October 27, 2015

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Tuesday, October 27, 2015

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Speaker John A. Boehner led Congress to a tentative budget deal on Monday night.

Speaker John A. Boehner led Congress to a tentative budget deal on Monday night. Zach Gibson/The New York Times

Your Tuesday Briefing
By ADEEL HASSAN
Good morning.
Here's what you need to know:
• Washington's breakthrough.
Five years of discord between Republican congressional leaders and President Obama took a breather overnight, as they reached a tentative deal on a two-year budget plan.
The budget agreement would modestly increase spending, cut some social programs and raise the federal borrowing limit, averting a government debt default in November. It still faces House and Senate votes.
• White House itinerary.
Mr. Obama travels to Chicago today to talk at a conference of police chiefs about overhauling sentencing laws.
Congress is considering legislation — its first major criminal justice overhaul in a decade — to cut certain mandatory minimum prison sentences to address federal prison overcrowding.
• U.S. challenges China on disputed islands.
A U.S. Navy destroyer has passed close to the artificial Spratly Islands in the South China Sea, in a direct challenge to Beijing.
Most of the world does not recognize China's territorial claim on the island chain, nor on much of the South China Sea.
• Search for survivors in South Asia.
What we don't know about the aftermath of Monday's powerful earthquake that struck Afghanistan near its border with Pakistan may be more frightening than what we do know.
Rescuers are struggling to reach remote areas affected by the magnitude-7.5 quake. So far, the number of deaths in Pakistan and Afghanistan exceeds 300.
• Student attacked by officer.
The authorities in South Carolina are investigating what happened on two videos that show a white police officer in a Columbia classroom grabbing a black student by the neck, flipping her backward as she sat at her desk, then dragging and throwing her across the floor.
• Questions about cryotherapy's safety.
The death of a 24-year-old Nevada woman at a center that uses extreme cold for therapy is prompting scrutiny of cryotherapy's safety.
The treatment is used by athletes and celebrities, but it is rarely studied and is not regulated by any one group. Doctors do not agree on its benefits.
BUSINESS
• Toyota retook the No. 1 position from Volkswagen as top-selling automaker for the first nine months of 2015. The data covers a period mostly before the V.W. emissions scandal erupted.
• Walmart is joining Amazon in pushing ahead with plans to use drones for home delivery and at its distribution centers and stores.
• The Federal Reserve today begins a two-day meeting, but it's the December gathering analysts are looking to for a move on interest rates.
• BP said today its profit sank to $46 million in the third quarter from $1.3 billion a year earlier, as depressed oil prices took a toll.
The London-based company is one of a number of blue chips — Apple, UPS, Ford, Merck, Dupont, Pfizer, Bristol-Myers Squibb — posting results today.
• Wall Street stock futures are edging lower. European markets are down, and Asian indexes ended mixed.
NOTEWORTHY
• Baseball winds down, basketball tips off.
The World Series begins tonight in Kansas City (8 p.m. Eastern, Fox) between the Royals and the New York Mets. And the Mets' Daniel Murphy has homered in six consecutive postseason games, a Major League record.
The N.B.A. season begins with a doubleheader on TNT: Cleveland Cavaliers at Chicago Bulls (8 p.m. Eastern), and New Orleans Pelicans at Golden State Warriors (10 p.m. Eastern).
We preview the Eastern Conference and Western Conference.
• Too hot for humans?
Areas of the Persian Gulf could be hit by waves of heat and humidity so severe by the end of this century that being outside for several hours could threaten human life, a new study says.
• The ambivalent marriage.
New research shows that ambivalence in a relationship — not always supportive, neither terrible nor great — can take a quiet toll on health.
• Law school standards.
Many U.S. law schools are accepting students with test scores that indicate they are "at risk" of not passing the bar exam, according to a study by a nonprofit advocacy group.
• Fresh reads.
Among today's nonfiction releases: Stacy Schiff's "The Witches"; Irin Carmon's "Notorious RBG" (about the Supreme Court justice Ruth Bader Ginsburg); Wendy Williams' "The Horse"; and Gloria Steinem's "My Life on the Road."
• What's new to watch.
"Frontline" goes "Inside Assad's Syria," reporting from government-controlled areas and listening to those caught in the war (10 p.m. Eastern, PBS, but check local listings).
"Wicked City" is a drama series set in the early 1980s in Los Angeles, where a serial killer is on the loose (10 p.m. Eastern, ABC).
And here are your episode recaps for "Blindspot" and "Fargo."
• Love triangle.
It's opening night for the Broadway revival of "Sylvia," A. R. Gurney's comedy about a dog's influence on the marriage of a New York couple, starring Matthew Broderick, Julie White and Annaleigh Ashford as the poodle named Sylvia.
• Cultural icon.
Sixty years ago today, "Rebel Without a Cause" opened in U.S. movie theaters, a month after its 24-year-old star, James Dean, died in a car crash.
The film is now part of the National Film Registry for its cultural, historic and aesthetic significance.
BACK STORY
The plight of the 1 cent coin adds another chapter on Wednesday.
That's when shops in Ireland, on a voluntary basis, can start rounding cash purchases in euros up or down to the nearest 5 cents, to reduce the need for 1 and 2 cent coins. (A euro cent is equivalent to about 1.1 U.S. cents.)
Rounding is likely to be extremely popular, judging by a trial run in which 85 percent of consumers and 100 percent of retailers wanted to see it spread nationwide.
The Central Bank of Ireland says that, in euros, it costs 1.65 cents to make a 1 cent coin, and 1.94 cents for a 2 cent one. (In the U.S., the mint says a penny costs 1.7 cents to produce and distribute.)
Countries including Australia, Brazil, Canada, Finland, the Netherlands, New Zealand, Norway, Sweden, Switzerland and Britain have dropped their lowest-denominated coins over the last 30 years or so.
The U.S. did too, back in 1857, when the half-cent coin was eliminated, followed by the end of 2 and 3 cent coins.
How long will the American penny last? Some coin experts say for only about 10 years.
Victoria Shannon contributed reporting.
Your Morning Briefing is published weekdays at 6 a.m. Eastern and updated on the web all morning.
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