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Silicon Valley Investor Aims To Create Tech Hub In Maine

PYMNTS

The city can’t hope to compete in every way with heavy-hitters like Boston, Seattle, San Francisco and Silicon Valley, which captured nine out of 10 jobs between 2005 and 2017. So it will have to go its own way with the new institute to be called the Roux Institute after Silicon Valley investor David Roux, its patron.

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Uber Eats Updates Its App To Pay Tab While Dining In

PYMNTS

The dine-in payment feature will launch in Atlanta, Boston, Chicago, Indianapolis, Philadelphia, New York City, Vermont, and Washington, D.C. The San Francisco-based company's app update comes as people rely on food delivery platforms to reduce face-to-face contact with people amid the pandemic.

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Amazon Same-Day Is Finally Expanding To The Bronx

PYMNTS

The move comes after community representatives complained that the service’s geographic limitations had some racial disparities. Amazon had last week pledged to serve the predominantly black Boston neighborhood of Roxbury. The firm also pointed to cities like San Francisco and Philadelphia where there is no disparity reported.

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Entrepreneurial Upscale Chefs Are Plating Recovery Plans

PYMNTS

As reported by Eater San Francisco, “the restaurant announced Wednesday (Sept. After cherished Boston dining spot, Stella, closed its doors due to pandemic losses, chef and owner Evan Deluty couldn’t let the dream die — or his heavenly preparations disappear — and has reinvented Stella as a gourmet food truck.

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Outside The Box (And Inside The Storage Container) Solutions To Sky-High Rent

PYMNTS

Try finding a place to live in San Francisco with a $1,215 monthly rent budget. The average one-bedroom apartment in San Francisco is roughly $3,400 a month – though the average resident would note that anything under $4,000 is either a very good deal or is in a not-so-great neighborhood. Convents have been closing.

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Facebook Tracker: East, West And Everything In Between

PYMNTS

Building upon its Boston-area staff, Facebook plans to open a new office in neighboring Cambridge next year. The current team is more than 100 strong and has outgrown its small Kendall Square office, according to news from The Boston Globe ; the expansion will accommodate all of them comfortably, plus 500 more.

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CFPB announces advisory committee members

CFPB Monitor

Last week, the CFPB announced the appointment of new members to its advisory committees: Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). Nadine Cohen, Managing Attorney, Greater Boston Legal Services (Boston, MA). Clarksdale, MS).

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