Archive for the 'Ecomonics' Category

The Fly Or Die Commerce Report: Is Cash Becoming Obsolete In China?

According to Business Insider, cash is decreasingly becoming a valid form of payment in China. Mobile payments made via smartphones has become increasingly popular in the country. Business Insider states that: “Last year, the volume of mobile payments in China more than doubled, surging to a total of $5trillion…A research investment company based in Hong […]

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The Fly Or Die Commerce Report: Starbucks Closes Its Online Store

In a shocking move in this digital age, Starbucks has decided to shut down its online store. This online shut down has also come at a time, when, according to Forbes, Starbucks has also announced that it will be closing “all 379 of its stand-alone Teavana stores.” According to the New York Times, Starbucks’ decision […]

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The Fly Or Die Commerce Report: Amazon Buys Whole Foods

This past August, an almost $14 billion deal was completed, allowing for Amazon to purchase Whole Foods. Amazon’s ownership of the grocery conglomerate has been marked by new policies that the new owners have implemented. According to Business Insider, the day Amazon completed the aforementioned purchase, prices at Whole Foods immediately dropped. In addition to […]

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The Devastating Decline Of Black Businesses In New York City

In a recent study done by New York City’s comptroller, documenting the financial state of the City between the years of 2007 to 2012, the dismal state of Black business was noted. According to the study, in 2007-2012, the presence of Black Businesses in New York City declined by 31.4%, while Black businesses nationwide rose […]

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Ghana’s First Cupcake Shop

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The Nigerian Chocolate Industry

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Egypt and China’s Currency Swap

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The Only Black-Owned Soda Bottler

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Britain Votes To Leave The EU & The Prime Minister Steps Down

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The Creators Of Blacks Without Borders Discuss African-American Success In Africa

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