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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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Tech Center: Seattle Brings Heat to The Tech Arena

PYMNTS

Seattle, Washington is known for a great many things including its rainy weather and many pop culture phenomenas. From Grey’s Anatomy to Frasier, Sleepless in Seattle and the band that started the grunge movement in the early 90’s, Nirvana, the city has seen its fair share of recognition and consequentially tourism attraction over the years.

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Seattle Bank launches cloud-based CD rate website, app

BankInovation

Seattle Bank has launched a new website and mobile app, CD Valet, to assist customers in finding the most competitive certificate of deposit (CD) rates while leveling the competitive playing field between large financial institutions and community banks.

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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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Malls Debate Turns To Community Planning

PYMNTS

The risk of closing malls, the report said, has the potential to reshape entire communities, which are debating whether abandoned malls can be turned into office space or affordable housing. In fact the real estate angle is starting to get more play as the future of malls is debated in boardrooms and decided by consumer foot traffic.

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Amazon, JPMorgan Donate Money To Ease Coronavirus Crisis

PYMNTS

The first $15 million will go to groups directly dealing with how the virus is affecting people directly, with $5 million to institutions that handle community development, to dole out low- or no-interest loans. Amazon has a large presence in Seattle, and the city is one of the hardest hit by the pandemic.

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