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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. The bank has earmarked $3 million to international groups that provide the same service.

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Dollar Bank to Expand Branch Network

Banking Exchange

billion regional bank is building four new sites in Hampton Roads, Virginia Community Banking Feature3 Feature Management M&A Human Resources.

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Amazon Eyes Two-City Split For HQ2

PYMNTS

It was reported over the weekend that the eCommerce giant was in late-stage discussions with a handful of communities, including Crystal City in northern Virginia, Dallas and New York City. Many of these communities were hoping to brand themselves as the co-headquarters with Seattle,” he said. “I

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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. The eCommerce giant was in late-stage discussions with a handful of communities, including Crystal City in northern Virginia, Dallas and New York City. Transit Raises $17.5M

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And Then There Were 20 — The Amazon HQ2 Finalists

PYMNTS

Northern Virginia, Virginia. 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.”. Indianapolis, Indiana. Los Angeles, California. Miami, Florida. Montgomery County, Maryland. Nashville, Tennessee.

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Local Governments Move In On Retail Vacancies

PYMNTS

Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location.

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Is Amazon’s Delivery ‘Purge’ A Boon To Last-Mile Rivals?

PYMNTS

The net impact of Amazon’s decision translates to Bear Down Logistics’ facilities shutting down in Ohio, Virginia and Illinois in April — with 280 positions lost. The Seattle Times reported that a Bear Down Logistics driver in Michigan makes $15 an hour, while UPS pays about $20 an hour in the same region for the same work.

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