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YELLOW ****** THURSDAY, JUNE 5, 2014 ~ VOL. CCLXIII NO. 130 WSJ.com HHHH $2.00 DJIA 16737.53 À 15.19 0.1% NASDAQ 4251.64 À 0.4% NIKKEI 15067.96 À 0.2% STOXX 600 343.56 À 0.02% 10-YR. TREAS. g 3/32 , yield 2.604% OIL $102.64 g $0.02 GOLD $1,244.00 g $0.30 EURO $1.3599 YEN 102.75 Getty Images TODAY IN PERSONAL JOURNAL The Quest for a Perfect T-Shirt PLUS War on Lost Luggage CONTENTS Business Tech.............. B4 Corp. News............ B2-3,7 Global Finance ............. C3 Heard on Street ....... C10 In the Markets.............C4 Leisure & Arts............. D4 Opinion.................... A13-15 Small Business........... B5 Sports................................D5 Style & Travel ...... D1-3,6 U.S. News...................A2-8 Weather Watch.......... B8 World News............A9-11 s Copyright 2014 Dow Jones & Company. All Rights Reserved > What’s News i i i World-Wide n The exchange of five Taliban leaders for a U.S. soldier has sparked dismay among many Afghans. The Taliban released a video of the handover. A1, A8 n France is preparing to train Russian seamen to run a warship it has agreed to sell to Moscow, defying opposition by the U.S. and other allies. A1 n Ukraine is considering imposing martial law in the country’s east as two bases fell to separatist rebels. A10 n Obama reaffirmed U.S. support for Eastern Europe on the 25th anniversary of Po- land’s first free elections. A10 n Tens of thousands rallied in Hong Kong to mark the anni- versary of China’s 1989 Tianan- men Square crackdown. A9 n House GOP leaders called on the White House to over- haul the VA, citing misman- agement and waiting times. A4 n The NTSB suspects a faulty flight-control system likely led to the crash that killed Lewis Katz and six others. A3 n New York’s high court to- day will consider one of the first challenges to laws that make cyberbullying illegal. A4 n Sen. Thad Cochran is the underdog as he heads into a likely runoff campaign in Mis- sissippi’s GOP primary. A4 n Syrian President Assad was declared victor by a landslide in a controversial vote held in regime-controlled areas. A11 n The contractor hired to find the missing Malaysian jet will have 300 days to search. A11 n Died: Don Zimmer, 83, vet- eran baseball player, manager. i i i S print and T-Mobile have agreed on the broad out- lines of a merger valuing T-Mo- bile at around $32 billion that could occur this summer. A1 n An internal probe of GM’s delay in recalling defective cars is expected to cite cul- tural failures at the company but clear top executives. B1 n An appeals court said a judge erred in rejecting a Citi- group settlement with the SEC because the bank didn’t acknowledge wrongdoing. C1 n A rift among BNP officials has deepened amid the pros- pect of massive fines for alleg- edly violating U.S. sanctions. C1 n The U.S. trade gap grew 7% in April, with a drop in ex- ports standing as the latest obstacle to robust growth. A2 n Rising demand for skilled workers could push up salaries across more sectors of the economy, a Fed survey said. A2 n U.S. stocks rose, pushing the S&P 500 to a record 1927.88. The Dow edged up 15.19 points to 16737.53. C4 n Trading businesses at the biggest investment banks are expected to suffer job losses in the thousands by year-end. C1 n Trading volume on U.S. ex- changes tumbled last month to the lowest level for May since the financial crisis. C1 n Sterling agreed to sell the L.A. Clippers to ex-Microsoft CEO Ballmer and drop a law- suit, his lawyer said. B3 n Dozens of firms disclosed in reports on conflict miner- als that their products may contain North Korean gold. B1 Business & Finance Jamaica’s National Stadium in Kingston is one of the strangest places to play in international soccer. The track that surrounds the field is pristine, but the pitch is marked with patches of bare dirt. There is a scoreboard, but it has no clock. The U.S. national team came here to face Jamaica last June in a crucial World Cup qualifier they were widely expected to win. But after the U.S. took a 1-0 lead deep into the second half, Jamaica took advan- tage of a free kick and a sleeping U.S. defense to sneak a header past the U.S. goalkeeper and equalize the score. In the convoluted math of World Cup qualifying, a tie against Jamaica was as good as a loss for the U.S.—one that could seriously damage its chances of even making it to Brazil for the World Cup. The Americans desperately needed a quick score. But without a scoreboard clock, none of the play- ers knew how much time was left. U.S. defender Brad Evans asked the referee, but he just ran on by. Fi- nally, an official on the sidelines held up a card. Four minutes to go. A crisis was looming at a pivotal moment in this World Cup campaign—and to some extent for soccer in America. Team USA needed to strike fast. It was Please turn to page A12 BY MATTHEW FUTTERMAN SOCCER, MADE IN AMERICA A German Coach Builds A Different Kind of U.S. Team For Those in UPS’s ‘Circle of Honor,’ Safe Driving Is the Total Package i i i After 25 Years Without an Accident, You Get a Patch, Jacket; Watch Out for Bears Chadd Bunker says his friends and relatives tell him he drives like an old man. Roll through a stop sign? He would never do that. Exceed the speed limit? Not on your life. He makes three right turns to avoid a left. He can be annoying. But Mr. Bunker, who is only 48 years old, is no or- dinary driver. He recently became one of the proud, lucky few to reach the delivery driver equivalent of Eagle Scout—the United Parcel Service Inc.’s Circle of Honor. The award goes to those who manage to drive their big brown trucks without having an “avoid- able” accident, for years and years. That isn’t easy since UPS con- siders nearly every kind of acci- dent avoidable. A scratch on the truck while backing up, or a tree branch hitting the vehicle and breaking a mirror, they both count as accidents that might have been avoided. Drivers who make it through 25 years are honored with a little cere- mony, a patch on their sleeve docu- menting the num- ber of accident- free years and the ultimate king-of- the-road status symbol: a bomber jacket. UPS is driven by its safety cul- ture. New drivers at the 107- year-old company are required to attend intensive, weeklong train- ing courses, informally dubbed “Quaker boot camps” that em- Please turn to page A6 BY LAURA STEVENS Tom Fowler PARIS—France is preparing to train hundreds of Russian seamen to operate a powerful French- made warship this month, defying calls from the U.S. and other Western allies to keep the vessel out of the Kremlin’s hands, people familiar with the matter say. More than 400 Russian sailors are scheduled to arrive on June 22 in the French Atlantic port of Saint-Nazaire to undergo months of instruction before piloting the first of two Mistral-class carriers back to Russia in the fall, said one of these people. The training is a pivotal step that deepens France’s commit- ment to fulfilling the $1.6 billion contract to supply Russia with the carriers, which are built to launch amphibious attacks. The U.S. and other allies have called on the government of Pres- ident François Hollande to cancel the contract, arguing the ships will significantly enhance Russian naval power at a time when the Ukraine crisis has raised tensions with the Kremlin to their highest levels since the Cold War. The contract loomed large as President Barack Obama convened a Group of Seven summit in Brus- sels—a forum intended to exclude Russian President Vladimir Putin from the table of world leaders. French officials say Mr. Hol- lande is expected to discuss the contract with Mr. Obama when the leaders meet for dinner in Paris on Thursday, the eve of D- Day commemorations. The French leader has also scheduled a sec- ond—and separate—dinner that evening with Mr. Putin. Please turn to page A10 BY STACY MEICHTRY French Sale Of Warship To Russia Steams On In Flickers of Candlelight, a Reminder of the Dark Days of Tiananmen SOLEMN GLOW: A Hong Kong rally Wednesday commemorated the 25th anniversary of Beijing’s deadly crackdown on pro-democracy protesters. A9 Kin Cheung/Associated Press Sprint Corp. and T-Mobile US Inc. have agreed on the broad out- lines of a merger valuing T-Mobile at around $32 billion, as recent regulatory developments con- vinced executives at both telecom- munications companies that they have an opening to get a deal ap- proved, according to people famil- iar with the matter. The terms involve Sprint pay- ing around $40 a share for T-Mo- bile in an acquisition that could happen early this summer, the people said. The companies are still working toward a formal con- tract, and the effort could fall through. But if completed, the merger would combine the coun- try’s third- and fourth-largest wireless operators, creating a big- ger competitor to market leaders Verizon Communications Inc. and AT&T Inc. while leaving consum- ers with fewer choices for service. A deal between Sprint and T- Mobile would extend a wave of consolidation that is uniting some of the biggest companies in the telecom and media industries, and is expected to face strong opposi- tion from regulators and a lengthy antitrust review. A deal would need the approval of the Federal Communications Commission and the Justice De- partment. Sprint will be making a big bet that it can win. Under the terms discussed, Sprint would pay T-Mobile more than $1 billion in cash and other assets if the deal is rejected, the people said. The gamble is a risky one for Sprint, which is already heavily in- debted and has posted losses for the past seven years. But execu- tives believe recent developments at the FCC—including a conten- tious debate over so-called net neutrality and new spectrum-auc- tion rules that aren’t as friendly to smaller carriers like Sprint and T- Mobile—have created an opening Please turn to the next page BY RYAN KNUTSON Sprint, T-Mobile Near Deal Both Sides Now Convinced $32 Billion Combination Can Clear Regulatory Hurdles SHEYKHAN, Afghanistan— Taliban forces led by Mohammed Fazl swept through this village on the Shomali plain north of Kabul in 1999 in a scorched- earth offensive that prompted some 300,000 people to flee for their lives. Fifteen years later, local resi- dents here are responding with fear and dismay to the U.S. re- lease of the notorious com- mander, along with four other Taliban leaders in exchange for Sgt. Bowe Bergdahl, the only American prisoner of war who was held by the Taliban. The group released a video on Wednesday showing the hurried handover a few days earlier of the American captive, looking gaunt and dazed. The villages of Shomali were once the orchard of central Af- ghanistan, and the plain’s care- fully tended vineyards were fa- mous for their grapes. When the Taliban seized con- trol of this area from their Northern Alliance rivals in 1999, they systematically demolished entire villages, blowing up houses, burning fields and seed- ing the land with mines, accord- ing to two comprehensive stud- ies of war crimes and atrocities during wars in Afghanistan and human rights reports. Mr. Fazl Please turn to page A8 BY NATHAN HODGE Detainee Release Alarms Afghans Obama reaffirms solidarity with Eastern Europe................ A10 Martial law in Ukraine?.......... A10 In Friday’s Arena: A 10-Page Guide to the World Cup Behind the search for Bergdahl ................................. A8 White House’s legal standoff with Congress... A8 New role sought for NATO in Afghanistan ..................... A8 GM Probe to Cite Culture SILOS: A report on GM’s ignition- switch recall, to be presented by CEO Mary Barra, is expected to highlight poor communications. B1 Reuters Copyright © 2013, Oracle and/or its affiliates. All rights reserved. More Enterprise SaaS Applications Than Any Other Cloud Services Provider Oracle Cloud Applications ERP Financials Procurement Projects Supply Chain HCM Human Capital Recruiting Talent CRM Sales Service Marketing C M Y K Composite Composite MAGENTA CYAN BLACK P2JW156000-6-A00100-10EFFB7178F CL,CX,DL,DM,DX,EE,EU,FL,HO,KC,MW,NC,NE,NY,PH,PN,RM,SA,SC,SL,SW,TU,WB,WE BG,BM,CC,CH,CK,CP,CT,DN,DR,FW,HL,HW,KS,LA,LG,LK,MI,ML,NM,PA,PI,PV,TD,TS,UT,WO P2JW156000-6-A00100-10EFFB7178F
