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Local Governments Move In On Retail Vacancies

PYMNTS

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. In fact, last week, it was announced that the building would be the new home of the Milwaukee School of Engineering’s K-12 STEM program. Backers of the tax position it as a solution to the increasing amount of empty retail space in the city.

Retail 135
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CRE risk management: Navigating hazards and opportunities

Abrigo

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. But that might not be the best move for your financial institution or your community. Certainly, one asset class, the regional mall, is quite dead,” Kirby said.

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Five At Five: France Aims To Tax Big Tech

PYMNTS

The new tax would apply to Google, Apple, Facebook and Amazon so that they are paying what the government sees as a fairer tax rate in the region. NCR Buys StopLift To Prevent Retail Fraud. Amazon Eyes Two-City Split For HQ2. Airbnb Landlords Get $2.25M Fine For Illegal San Fran Rentals. Transit Raises $17.5M

Taxes 108
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Shellfish Industry Tries DTC Strategy

PYMNTS

As it slowly starts to recover from the devastating losses of the restaurant business during the early days of the pandemic, shellfishing companies in the region are now trying to find new ways to get their product to market. In New York City, indoor dining is still closed. The way I see it, people want real food.

Industry 157
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And Then There Were 20 — The Amazon HQ2 Finalists

PYMNTS

Newark, New Jersey. New York City, New York. Through this process, we learned about many new communities across North America that we will consider as locations for future infrastructure investment and job creation.”. Columbus, Ohio. Dallas, Texas. Denver, Colorado. Indianapolis, Indiana.

Columbus 101
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Five At Five: Apple Pay Joins eBay Ecosystem

PYMNTS

The organic grocery will now offer deliveries in New York City, Long Island and the Florida markets of Fort Lauderdale, Miami and Palm Beach. Synovus Financial announced that it has acquired FCB Financial Holdings, the state’s largest community bank, in a deal valued at $2.9 Synovus Acquires FCB Financial.

Apple 101
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What Serving The Internet’s ‘Underserved’ Means For Payments

PYMNTS

communities. communities. Expensive Cities. And some of those areas and cities — Chattanooga, Tennessee stands as a good example — are striving to become more attractive to millennials and others, with better internet a big part of such efforts. And the DSL network might be overloaded, or not in very good shape.”.

Payments 131