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New York Threatens NYC Restaurant Closures As State Prepares For Second Outbreak

PYMNTS

New York Gov. New York put indoor dining on hold on July 6 due to the spiking of the virus in the past few weeks. Boston-based Petit Robert Bistro owner Loic Le Garrec said in a recent PYMNTS interview that he’d been trying to stay safe in reopening through temperature checks. It’s dangerous. It’s selfish.

New York 141
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Boston Telemedicine Company Amwell Prices IPO

PYMNTS

Amwell , the Boston-based telemedicine company, is planning to go public as the demand for virtual healthcare offerings skyrockets amid the coronavirus pandemic. If approved, its shares would be listed on the New York Stock Exchange under the “AMWL” ticker. The proceeds would raise between $490 million and $560 million.

Boston 159
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Boston bank to sell 10 branches in upstate New York

American Banker

Berkshire Hills Bancorp declined to detail the savings it expects from the downsizing, though one analyst estimated it could shave $3 million from the company's annual noninterest expenses.

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Uber Eats Will Now Deliver Recess, A CBD Drink, In New York

PYMNTS

Recess, a CBD-infused sparkling water company, has announced that it will be available on Uber Eats for delivery to customers in New York City, according to a report by Adweek. Starbucks partnered with the app in January, with San Francisco first and then spreading to Boston, Chicago and L.A., among others.

New York 172
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Facebook Opens New Boston Office

PYMNTS

Facebook , which is headquartered in Menlo Park, California, opened a new office this week in Boston. The company had kept a small presence in Boston, in a small space by a Dunkin Donuts in South Station, and grew to about 200 employees working on projects like a Wi-Fi finder and the safety check feature.

Boston 122
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Amazon Launches Bookstore In Nashville, 4-Star Store In Boston

PYMNTS

Amazon has announced that it is set to open an Amazon Books location in Nashville, as well as an Amazon 4-star store in Boston. The first location opened in New York City last September. Geek Wire reported that the announcement came on the same day the eCommerce giant launched its fourth 4-star store in Seattle.

Nashville 153
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Boston Fed Pres. Thinks Co-Working Spaces Could Hurt Economy

PYMNTS

The Boston Federal Reserve president think that co-working spaces could ultimately hurt the economy, and even worsen the next U.S. In addition, the New York-based company lost more than $900 million in the first half of 2019. recession. “I He did not mention WeWork or any other company by name.

Boston 116