Recent Posts

M&S needs to stock up on its bitter medicine

Archie Norman, the famed turnaround specialist who is now chairman of Marks & Spencer Group Plc, is hoping for a textbook turnaround of Britain’s biggest clothing store by value. He is certainly reading from the classic first page: on Wednesday the company announced 514 million pounds ($688 million) of one-time charges, more than halving pre-tax profit in the year to ...

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It’s good if Trump surrenders on tariffs

President Donald Trump’s aggressive new trade policy isn’t going too well. His threats to impose tariffs on imports from China, Europe and other trade partners have so far yielded much less than he promised — and instead of retaliating, he shows signs of backing off. It’s right to criticize him for saying one thing and doing another, but bear in ...

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Homelessness is a tragedy the US can afford to fix

First the good news: Homelessness in the US is down. In the mid-2000s, President George W. Bush’s ‘housing first’ program made substantial inroads against the problem. President Barack Obama continued the campaign with the Homeless Prevention and Rapid Re-Housing Program in 2009 and a follow-up program in 2010. As a result of these efforts, the nationwide homeless population has continued ...

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