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  • John Potts

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John Potts

Economy

Ralph Lauren Has an Ambitious New Look

John Potts Sep 20, 2022
Ralph Lauren RL -0.10% started out as a tie business 55 years ago before it eventually became known for…
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Economy

‘SPAC King’ Chamath Palihapitiya Closing Two SPACs After Failing to Find Deals

John Potts Sep 20, 2022
One of the biggest promoters of SPACs is shutting down two deal-making efforts that together hold more than $1.6 billion after the market collapsed, wiping out tens of billions in…
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Economy

How Goldman Sachs Found a Friend in America’s Small Businesses

John Potts Sep 20, 2022
Thousands of entrepreneurs packed into a ballroom at a conference center just outside of Washington this summer to hear from the likes of Warren Buffett…
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Economy

Calpers’ Investment Chief Highlights Lagging Returns, ‘Lost Decade’ for Private Equity

John Potts Sep 20, 2022
The nation’s largest pension fund got a scathing performance review Monday when its new investment chief highlighted the retirement system’s underperforming returns and estimated…
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Economy

Visa, Mastercard, Amex Face Calls From GOP Attorneys General to Abandon Gun-Shop Code

John Potts Sep 20, 2022
The attorneys general said in a letter that the card companies’ plan could lead to the misuse of consumer data and wouldn’t protect the public. “Categorizing the constitutionally…
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Economy

Climate Change Could Be Double-Edged Sword for Australian Coal

John Potts Sep 20, 2022
Australia is raking in huge amounts of cash from coal—due both to bad geopolitics and bad weather. The war in Ukraine is a key factor boosting benchmark…
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Economy

A Chronic Disease Still Waiting for a Drug

John Potts Sep 20, 2022
Drug companies have developed treatments for some of the rarest diseases afflicting a tiny percentage of the population, yet they have failed repeatedly to…
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Economy

EY Faces Knotty Split of Its Lucrative Tax Business

John Potts Sep 20, 2022
Ernst & Young’s tax experts bring in lots of cash and are highly valued by the firm’s clients. Many members of the 70,000 strong group don’t know where they will be working…
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Economy

When is the September mini-Budget? Predictions and what to expect from Kwasi Kwarteng’s announcement

John Potts Sep 20, 2022
Mr Kwarteng and Ms Truss are reportedly considering speeding up the 1p cut to income tax – a drop in the basic rate of tax from 20p to 19p in the pound – currently scheduled to…
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Economy

Bond Yields Scale New Multiyear Highs; Stock Futures Slip

John Potts Sep 20, 2022
Stock futures edged down and Treasury yields rose to fresh multiyear highs on expectations the Federal Reserve will continue tightening monetary policy forcefully to curb…
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