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Seattle OKs Head Tax Aimed At Big Business

PYMNTS

Seattle’s City Council passed a new tax for big businesses operating in the city, including Amazon , according to CNBC. The tax, called the JumpStart Seattle Tax, will target businesses with at least $7 million in annual revenue. It’s not the first time Seattle has targeted Amazon with taxes. percent to 2.4

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Amazon Launches Job Training Program In Seattle

PYMNTS

The initiative will also bring five new eateries to Seattle, which will serve as the training location for those enrolled in the program and help people in entry-level foodservice jobs attain the skills needed to earn a higher income. Poverty and income inequality are growing in Seattle.

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7 ways community banks can boost profitability

Independent Banker

Here’s what community bankers need to know when planning their budgets for the next year. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. By Cheryl Winokur Munk. Quick stat. Source: 2021 Provident Bank survey.

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On-Demand Delivery Service Munchery Ceases Operations

PYMNTS

That came after it shut down service in Seattle, Los Angels, and New York. We have also enjoyed giving back to our community through meal donations, volunteer service, and so much more.”. In May Munchery said it was planning to focus on its largest market, which was San Francisco, in an effort to become profitable.

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Amazon To Open A More Than $5B Second Headquarters

PYMNTS

In a company press release , the eCommerce giant said it will invest more than $5 billion in “construction and operation of Amazon HQ2,” and that the second Amazon headquarters will be home to as many as 50,0000 high-paying Amazon jobs. for Seattle. for Seattle. “We

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11 Startups Show Their Latest and Greatest at INV Fintech Demo Day

Bank Innovation

Eleven startups participated in the Demovation challenge at the Bank Innovation Ignite conference in Seattle earlier this month. These startups, diverse in focus, comprised a wide range of the fintech ecosystem, including payments, security and blockchain.

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Amazon Is Building A Traditional Supermarket In LA

PYMNTS

Reports from Seattle and California say the company is adding a new format and expanding beyond its Amazon Go and Whole Foods brands. The latter operates without human cashiers. The ideas that receive enough votes from the community will be considered by the Instacart team. And the antagonist, per usual, is Amazon.