In December, American consumers will return more than 1 million packages to e-commerce retailers each day. It’s a flood of unwanted stuff that’s expected to peak on January 2, which UPS Inc. cheekily calls “National Returns Day.” For UPS and other shippers, that’s reason for plenty of post-holiday cheer. For everyone else, those tens of millions of packages are a ...

Line Corp. would be lucky to have a suitor. Even if it bears the name Yahoo. The instant-messenger company has been marching toward irrelevance since its dual Tokyo and New York initial public offerings three years ago, with management failing to navigate any clear future for the company or its core product. They’ve shown zero interest in geographical expansion and ...

If you are searching for an example of political hubris, look no further than what has happened in the last six months in Spain. At a general election last April, the left-wing Socialist Party and the centrist Ciudadanos registered strong electoral gains, which put them in a comfortable position to form a government together. Instead, party leaders Pablo Sanchez and ...