US Business News

T-Mobile, Sprint Unlimited Plans Are Full of Limits

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Sprint Corp. and T-Mobile US Inc. recently said they would scrap data caps and give customers a simpler option: unlimited everything at a single price. But the plans have restrictions.

Agrium, Potash Report Merger Talks

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Canadian fertilizer giants Agrium Inc. and Potash Corp. of Saskatchewan Inc. said they were in preliminary talks about a possible merger of equals.

EU Demands Apple Repay $14.5 Billion in Irish Tax Breaks

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The European Union’s antitrust regulator has demanded that Ireland recoup roughly $14.5 billion in taxes from Apple Inc., after ruling that a deal with Dublin allowed the company to avoid almost all corporate tax across the entire bloc for more than a decade.

'Soft Skills' Like Critical Thinking Are in Short Supply

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Companies across the U.S. say it is becoming increasingly tough to find job applicants who have ‘soft skills’ like the ability to communicate clearly, take initiative, problem-solve and get along with co-workers.

Roller Coasters Ride Into Dizzying Realm of Virtual Reality

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Roller-coaster fans at some amusement parks can now experience new thrills thanks to virtual reality. Riders wearing specially reinforced VR headgear are immersed in a fantasyland where they soar, plunge and twist in sync with a coaster’s motion.

U.S. Consumer Confidence Climbs to Highest Level in Nearly a Year

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A gauge of U.S. consumer confidence rose to the highest level in nearly a year in August, suggesting that household spending will remain a key support for the economy.

Adidas CEO Reflects on His Game Plan After 15 Years

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As Herbert Hainer prepares to retire, the longtime Adidas chief executive talks about rekindling sales, working with retailers and finding the right people.

Foreign Miners Pull Up Stakes in Indonesia

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Newmont Mining’s exit from Indonesia after more than three decades operating there—and following by weeks BHP Billiton’s sale of its Indonesian coal interests—illustrates foreign miners’ growing difficulties in the Southeast Asian country.

As Food Prices Fall, Economic Pain Hits More Businesses

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Consumers’ glee at the supermarket checkout over lower food prices isn’t shared by all: Farmers, grocers and restaurateurs are feeling the pinch of cheap milk, beef and corn prices on their incomes.

Hanjin Shipping Moves Closer to Bankruptcy

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Hanjin Shipping’s creditors said they would no longer give the South Korean company financial support, pushing it close to bankruptcy.

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