Geoffrey Smith, Fortune

Geoffrey Smith


London, England, United Kingdom

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Recent articles by Geoffrey:

CEO Daily: Friday, 23rd June

• Senators Respond With Their Health Care Bill Senate Republicans unveiled their draft health care reform bill. As with the House bill last month, it proposes to change and cut funding for Medicaid (albeit over a longer period) and remove the Affordable Care Act’s requirement for most Americans to sign up for health insurance. It also relieves businesses (and wealthier individuals) of a tax… → Read More

CEO Daily: Thursday, 22nd June

• China Probes Big Spenders China’s banking regulator launched an investigation of the loans that have allowed a handful of companies to expand overseas with big acquisitions in recent years. The FT cited a top regulator as fretting about “the systemic risk of some large enterprises.” According to unconfirmed reports, the companies on the list include Anbang Insurance Group, the owner of the… → Read More

Everything You Need to Know About the Chaos in U.K. Government

Your handy guide to Theresa May’s snap election snafu, how she’s clinging to power, and what it means for Brexit. → Read More

CEO Daily: Wednesday, 21st June

• The Bin Salman Supremacy Saudi Arabia elevated 31 year-old Prince Mohammed bin Salman to Crown Prince. He’s now in charge of policy on everything from oil to defense, and has strong views on both. ‘MbS’ is the man behind the Kingdom’s plan to float Saudi Aramco and reorient its economy away from oil. That plan is in serious trouble at the moment: reports last month suggested that bankers can’t… → Read More

Kalanick Quits Uber: Culture Woes May Obscure Business Model Problem

Travis Kalanick's departure from Uber may owe as much to problems with the business model as with its better-documented cultural woes. → Read More

The Election Over, U.K. Officials Stop Pretending Brexit Won’t Hurt

U.K. Chancellor Philip Hammond and Bank of England Governor Mark Carney argued for a transitional deal to cushion the blow from Brexit. → Read More

CEO Daily: Tuesday, 20th June

• Supreme Court to Hear Gerrymandering Case The Supreme Court said it will consider whether partisan gerrymandering—the manipulative redrawing of electoral districts—violates the Constitution. While the Court has struck down gerrymandering aimed at excluding voters of particular races (specifically, African-Americans), it has never done the same just on party political grounds. The lawsuit in… → Read More

Barclays Bosses Charged With Fraud Over 2008 Rescue

The U.K.'s SFO has charged former Barclays CEO John Varley and three other senior managers with fraud over its 2008 rescue by Qatar → Read More

Trump Huddles With Tech Titans Is Overshadowed by Tax Uncertainty

Tax reform and job destruction will be two elephants in the room when Donald Trump hosts Silicon Valley CEOs in Washington DC Monday. → Read More

CEO Daily: Monday, 19th June

• Markets Still Digesting the Whole Foods Story Amazon intends to use its technology to bring Whole Foods’ famously high prices down, according to a Bloomberg source. Job cuts—notably among in-store cashiers—and better inventory management are likely to figure high in the list of priorities. Amazon denies planning any job cuts. The news of the deal, which sent food retailers’ stocks crashing… → Read More

British Business Is Trying Not to Freak Out Over the U.K. Election

British business is doing its best not to freak out after the UK general election left it facing even more uncertainty about the future than ever before. → Read More

Theresa May’s Brexit Strategy Is In Tatters—And the EU Knows It

Theresa May's strategy of an intentionally Hard Brexit died last night, but the risk of an accidental one has risen. → Read More

U.K. Election Exit Poll: Theresa May Projected to Lose Her Majority

A first exit poll suggests the Conservative Party has lost its majority in the UK general election, casting the future of Brexit into doubt → Read More

Crude Oil Prices Are Tanking After a Barrage of Bad News

Iran-Saudi dispute flares as U.S. oil stocks surge → Read More

Watergate ‘Pales in Comparison’ to Trump’s Ties to Russia, Says Clapper

The Watergate scandal pales in comparison to President Trump and his campaign's ties to Russia, ex-DNI James Clapper said. → Read More

London Attacks Leave Facebook, YouTube in the Firing Line

Facebook and other tech giants are facing increase scrutiny in the wake of London attacks. → Read More

Donald Trump Renews Attack on London Mayor Sadiq Khan

Even as Theresa May and the American Embassy in London disagree. → Read More

Goldman’s War of Words Over Trump’s Paris Pullout Has Cohn in a Spin

As Gary Cohn defended Trump's decision to pull out of the Paris accord, Lloyd Blankfein slammed it. → Read More

Theresa May’s Close Relationship with President Trump Could Be Costing Her Election Lead

The lead has shrunk from 20 points earlier in the campaign. → Read More

Spain Is Having Some Trouble Fighting Corruption

The anti-corruption prosecutor just quit over his offshore trust holding in Panama. → Read More