Starbucks has launched a “new retail” strategic partnership with Alibaba.

Thanks;Jeffrey Towson So Starbucks has launched a “new retail” strategic partnership with Alibaba. And in doing so they are leapfrogging to the front of digital and consumer China. Kudos. That’s impressive. And it’s pretty bad news for Luckin Coffee. The Alibaba-Starbucks deal, as announced, has three components: 1) A tie-in with Ele.me for delivery. The…

American banks continue to phase out free checking accounts

Thanks;Maria LaMagna Published;Jan 23, 2018 12:55 a.m. ET Bank of America has shut down one of its checking accounts, used by some low-income consumers Bank of America has eliminated one of its checking accounts. Bad news for low-income consumers: There’s now one fewer place where you can store your cash for free. Bank of America…

80 Percent of the Total Bitcoin Supply Have Now Been Mined

Thanks; Jamie Redman Published; January,15 This weekend marks a milestone for bitcoin as 80 percent of the currency has now been mined into circulation, this means there’s only 20 percent left to mine. Satoshi Nakamoto’s protocol was one of the first to introduce digital scarcity and soon enough the digital asset will become even harder…

This city has the most ultra-rich residents in the world

Thanks; Fang Block Published: June 27, 2017 7:02 p.m. ET The New York City metro area had 8,350 residents with a net worth of at least $30 million in 2016. The New York metropolitan area remains the top magnet for the world’s ultra rich, attracting 8,350 residents with a net worth of at least $30…

Top 100 City Destinations Ranking: WTM London 2017 Edition

Thanks;Wouter Geerts Published;NOVEMBER 7TH, 2017 Euromonitor International is pleased to release its annual Top City Destinations Ranking, covering 100 of the world’s leading cities in terms of international tourist arrivals. For the first time, the Top 100 City Destinations Ranking 2017 Edition was unveiled at World Travel Market (WTM) London, the leading travel and tourism event…

Beauty and Personal Care in Australia Sees Strong Demand from Chinese Consumers

Thanks;Tim Foulds Published;OCTOBER 30TH, 2017 Australia’s beauty and personal care market was supported by Chinese consumers, both local and international, who view Australian products with high regard. Chinese consumers are attracted to Australian products, not only in beauty and personal care but also in other industries including consumer health and packaged foods, which is due…