SAN FRANCISCO–(BUSINESS WIRE)–Today American Express (NYSE:AXP) reopened the newly expanded Centurion Lounge at the San Francisco International Airport (SFO). At 16,000 square feet the lounge is now nearly double in size and features more seating, an additional bar with specialty wine flights curated by sommelier and Centurion Lounge Wine Director Anthony Giglio, and a new menu from San Francisco’s Liholiho Yacht Club Executive Chef Ravi Kapur.

“We’re excited to head into the new year with the opening of our Centurion Lounge at San Francisco International Airport,” stated Pablo Rivero, Vice President & General Manager, Global Lounge Experiences. “With exceptional food, wine and art inspired by Northern California, this well-appointed lounge is designed to leave Card Members feeling refreshed and ready for their travels.”

The Centurion Lounge at SFO will now have more space for eligible Card Members to enjoy, including two wine bars and café areas, additional restrooms, private phone rooms, several private workspaces, and more. The lounge is located in Terminal 3 on the mezzanine level.

LOCALLY SOURCED WINE1

The lounge will feature a new bar where guests can enjoy specialty wine flights highlighting four regional wines curated by renowned wine authority Anthony Giglio. The new bar complements the existing wine wall where guests can sample wines from across California. The wine flights will rotate seasonally, starting today with a Sonoma Chardonnay flight and a Napa Valley Cabernet Sauvignon flight:

Sonoma Chardonnay Flight

• Gundlach Bundschu Sonoma Coast Chardonnay 2020

• Head High Sonoma County Chardonnay 2021

• Sonoma Cutrer Les Pierres Sonoma Valley Chardonnay 2019

• Walt Sonoma Coast Chardonnay 2019

Napa Cabernet Sauvignon Flight

• Emblem Napa Valley Cabernet Sauvignon 2019

• Miner Emily’s Cuvee Napa Valley Cabernet Sauvignon 2018

• The Critic Napa Valley Cabernet Sauvignon 2019

• Twenty Rows Napa Valley Reserve Cabernet Sauvignon 2020

“As San Francisco is globally known for its world-class wine, the wine menu in the Centurion Lounge at San Francisco International Airport is fully dedicated to highlighting local California grapes,” said Anthony Giglio, sommelier and Centurion Lounge Wine Director. “For our first-ever wine flight experience, I’m thrilled to feature two of America’s most famous and established wine regions – Sonoma and Napa Valley.”

ELEVATED DINING AND DESIGN

The lounge will offer a new seasonal menu that celebrates Bay Area purveyors from Liholiho Yacht Club Executive Chef Ravi Kapur. The Hawaiian-born, James Beard Award-nominated chef will continue to bring his unique flair to the Centurion Lounge at SFO with dishes inspired by his lineage and family memories including, Kochujang marinated chicken thighs, wild rice and coconut soup, and black vinegar and Honey glazed baby carrots.

Consumers appreciate premium dining options when traveling through airport lounges. A recent Amex Trendex* survey found that a majority of respondents (64%) said that premium food and beverage offerings are their favorite parts of airport lounges.

The lounge will showcase two custom floor-to-ceiling wallcoverings by abstract artist Tracie Cheng, and new interior design that takes cues from the local vineyards, landscape, and the iconic San Francisco fog to give guests a sense of relaxation.

UNPARALLELED ACCESS

With more lounge options than any other credit card issuer on the market and the only credit card issuer with a proprietary lounge at SFO, the American Express Global Lounge Collection is just one of the many ways American Express supports Card Members through their travels. American Express continues to enhance the Centurion Lounge network through new locations and expanding existing lounges. American Express has announced plans to open new lounge locations at the Reagan National Airport (DCA) in Washington, DC and Hartsfield-Jackson Atlanta Airport (ATL) in 2023 and 2024 respectively.

*AMEX TRENDEX METHODOLOGY

This Amex Trendex online poll was conducted between November 4th – November 7th, 2022, among a sample of 2000 Adults with an HHI> 70k+ who travel by plane at least once a year. The interviews were conducted online. Results from the full survey have a margin of error of plus or minus 2 percentage points

ABOUT AMERICAN EXPRESS

American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.

Key links to products, services and corporate sustainability information: personal cards, business cards and services, travel services, gift cards, prepaid cards, merchant services, Accertify, Kabbage, Resy, corporate card, business travel, diversity and inclusion, corporate sustainability and Environmental, Social, and Governance reports.

ABOUT THE CENTURION LOUNGE

The Centurion Lounge is the signature lounge program within the broader American Express Global Lounge Collection, which includes access to American Express Centurion Lounges, international American Express lounges, Delta Sky Club® for Card Members flying on Delta, Priority Pass Select Lounges upon enrollment, Airspace Lounges, MAG US Escape Lounges and Plaza Premium Lounges–a total of more than 1,400 lounges across 140 countries and counting.

Eligible Card Members can find a lounge at the Global Lounge Collection website or by using the American Express® App. They can also check into select Centurion Lounges through the mobile check-in tool within the American Express® App.

ABOUT SAN FRANCISCO INTERNATIONAL AIRPORT

SFO is excited to welcome travelers back to the skies with an airport experience featuring seamless access, thoughtful amenities, sustainable design and inspiring artwork and exhibits.

For up-to-the-minute departure and arrival information, airport maps and details on shopping, dining, cultural exhibitions, ground transportation and more, visit www.flysfo.com. Follow us on twitter.com/flysfo and facebook.com/flysfo.

Source: American Express Company

Location: U.S

1 Must be of legal age to consume alcoholic beverages. Please drink responsibly.

The post American Categorical Opens 16,000 Sq. Foot Centurion Lounge at San Francisco Worldwide Airport appeared first on Los Gatos News And Events.

INDIANAPOLIS – The NFL will enter the final quarter of the season with this week’s games.

Week 14 is the last weekend in which teams have a bye. After Monday night, every team will have played 13 games with four left on their schedule. Weeks 15-18 will feature a full slate of 16 games.

Our “Big Game Bound” marquee matchup this week is Tampa Bay at San Francisco as the 49ers try to win their sixth straight game.

BGB host Chris Hagan talks with KRON’s Kate Rooney about whether or not the Niners can keep the good times rolling now that quarterback Jimmy Garoppolo is out with a foot injury.

This week’s show features reports from the Raiders, Bills and Giants. We’ll also check in with former NFL running back Jarrett Payton for his weekly picks.

“Big Game Bound” streams every Thursday at 12 pm ET leading up to Super Bowl LVII in Arizona.

The post Massive Sport Certain: Division leaders San Francisco, Tampa Bay sq. off in NFC conflict | WTAJ appeared first on Los Gatos News And Events.

The question, as presented in a Reddit Ask Me Anything forum, seemed simple. Innocuous, even. Actor Nicolas Cage was answering questions from Reddit users during a press junket for The Unbearable Weight of Massive Talent. Along with the typical movie and acting queries came this nonsequitur: “What’s your favorite pasta shape?”

“I once went to an Italian restaurant in San Francisco about 25 years ago with Charlie Sheen because they had square tube pasta and he was very interested in trying square tube pasta and we did and we loved it so much we went back the next day to try it again,” Cage replied.

For media covering the AMA, Cage’s answer was just a kooky one-off. But for the food-obsessed and San Francisco locals, the answer set off a fun, low-stakes round of internet sleuthing. It presented a two-part mystery: What pasta shape is a “square tube”? And what San Francisco restaurant serves, or served, a dish the actors loved so much they ate it twice in two days?

If you’re looking for the tl;dr, here it is:

the pasta Paccheri.

the place Cafe Tiramisu on Belden Place, circa 1997-ish.

If you’re interested in the long version, however, it’s a fun one. Attempting to figure out the restaurant became a trip back in time for San Francisco locals, who tried to recall restaurants from that era. It also posed a pre-internet mystery, something not easily solved by a quick Google search. Marcia Gagliardi, the food columnist known as Tablehopper, has been covering the local food scene for 16 years. But when presented with the quote, she was at a loss. “It’s absolutely bizarre!” she wrote. “How funny and weird. Nothing is ringing a bell…I’m wondering if they were calamarata?”

The next option was to take the question to Twitter. The guesses came pouring in fast, a who’s-who of late ’90s restaurants: Rose Pistola, Tosca, Rubicon, Aqua, Original Joe’s, Scala’s, Mona Lisa, Buca Giovanni, Tommaso’s, Caffè Macaroni. Former Eater SF and San Francisco Chronicle editor Paolo Lucchesi solicited answers from friends and local chefs on Instagram. Along with the above restaurants, more theories were floated, in a virtual trip down memory lane: Ciao, Globe, Prego, Blue Fox, and Postrio were named. An internet sleuth shared an interview article, which detailed a flight Cage and Sheen took together to San Francisco, to further seal the likelihood of the story. As for pasta shapes, those guesses came in abundance, too: chitarra, mezze maniche, tonnarelli, paccheri, garganelli, and, yep, ravioli.

San Francisco, I need your help. In a recent AMA, Nicolas Cage was asked what his favorite pasta shape is, and not only is his favorite a square tube pasta, but it is something he was served in a local restaurant c. 1997: pic.twitter.com/cE2PiZ07La

— Dianne de Guzman (@diannedeguzman) April 18, 2022

Rose Pistola was a top guess, seeing as how it was a modern, buzzy Italian restaurant at the time, but owner Laurie Thomas, reached via email, didn’t have any answers either. Thomas didn’t have all of the restaurant menus to search through, she told Eater SF, and a look through the Rose Pistola cookbook for a garganelli dish (her guess on the pasta) turned up nothing. Another dead end.

Rubicon was another restaurant name mentioned, but this time with a Cage connection: Francis Ford Coppola, famously known for directing The Godfather among a legion of other movies, is also Cage’s uncle and an investor in the now-shuttered, but well-remembered, restaurant. Stuart Brioza, who now runs State Bird Provisions, once worked at Rubicon but picked up the chef helm around 2004. He did confirm he was never handed down any square tube pasta dish from chefs before him. Still, he was game to throw out some potential restaurant names. “The question is, is this a classic dish? Or is this kind of an interpreted [dish and] somebody came up with some phenomenal find,” Brioza mused. “And if that’s the case, I mean, you have restaurants like Cypress Club at the time. I’m trying to think of the more modern California cooking that was happening.”

Looking for an injection of more restaurants to contact, I reached out to the prolific Facebook group, San Francisco Remembered. Within a few minutes, group member Mark Kohtz confidently replied: “Cafe Tiramisu. You’re welcome. I actually saw him there twice.” Intrigued by the confidence, a quick search revealed that to this day the restaurant serves a “square spaghetti carbonara” and opened in 1992.

Co-owners Pino Spinoso and Giuseppe Scoppetto were both present and eager to take a call Tuesday afternoon. When asked if Nicolas Cage ever visited Cafe Tiramisu, Spinoso said yes, and mentioned Cage also visited his other restaurant, Little City, then stopped — “He’s the nephew of Francis Ford Coppola, right?” Indeed. “I’m from the same town of his uncle’s, you know, Francis’s parents in Basilicata [Italy],” Pino shared. “When Francis used to come to one of my restaurants before, he used to take Nicolas when he was young and Francis came to this restaurant a couple of times.”

When asked what the “square tube pasta” dish could have been, Spinoso began describing a ravioli dish—then presented a different answer. “The other one was called paccheri,” Spinoso said. “It was pasta [dish] with an oxtail ragu. They are the size of a half candle, and then when you cook it, they get flat a little bit. Almost like a rigatoni, but wider, larger.”

Last, but not least, did Francis’s nephew ever show up with Charlie Sheen? Yes, confirmed both Spinoso and Scopetto. “It was when Sharon Stone used to live right across the street from Tiramisu,” Spinoso said, naming the building. “Sharon was a good customer of Cafe Tiramisu, at the time she was married to Phil Bronstein.”

The checkable parts of Spinosa and Scopetto’s story do fit the timeline: Spinosa mentioned Basilicata, and Coppola’s grandparents (not parents) are noted as being from that region. Stone was married to Bronstein from 1998 to 2004. That was enough for me, case solved. But hey, Nicolas, if this story ever reaches you and you want to confirm or deny, reach out. I’d love to chat.

Sign up for the newsletter

Eater SF

Sign up for our newsletter.

The post We Solved the Thriller of The place Nicolas Cage and Charlie Sheen Ate ‘Sq. Tube Pasta’ in San Francisco appeared first on Los Gatos News And Events.

The group, called “Moms Against Drug Deaths,” spent $25,000 on a new billboard in Union Square that reads: “Famous for the world over for our brains, beauty and now dirt-cheap fentanyl.”

“It’s cheeky. We hope it gets attention,” Gina McDonald, one of the group members, told ABC7 News.

“Moms Against Drug Deaths” is made up of a small group of women with children who have either died from — or are addicted to — fentanyl. They hope their campaign brings awareness to the city’s open-air drug market.

COMING SOON TO SAN FRANCISCO: This billboard calling out the city’s drug crisis

“Famous the world over for our brains, beauty and, now, dirt-cheap fentanyl.”

The group “Mothers Against Drug Deaths” is behind the campaign. The billboard will be up starting Monday in Union Square pic.twitter.com/C0cxhiURoc

— Liz Kreutz (@ABCLiz) April 2, 2022

The lead organizer is Jacqui Berlinn, whose son is currently an addict living on the streets of San Francisco. She said their group launched the campaign after Mayor Breed’s decision to end the state of emergency in the Tenderloin, followed by the mayor’s recent trip to Europe where she pitched San Francisco as a safe, enjoyable place for tourists.

RELATED: SF Mayor London Breed heads to Europe to court international visitors back to Bay Area

“And we’re like, wait a minute, it’s not changed. We should still be in a state of emergency,” Berlinn said. “And then she went to Europe and said, ‘Come to San Francisco. It’s fine.’ Um, no, it’s not fine. It’s really not.”

Here is the “Moms Against Drug Deaths” billboard, now up in Union Square. Member Jacqui Berlin says they hope their message reaches Mayor @LondonBreed. She says they’re considering putting some up in European airports if they don’t see real change soon. pic.twitter.com/GCR9ohPkPu

— Liz Kreutz (@ABCLiz) April 4, 2022

McDonald said the group took the mayor’s pitch as a “slap in the face” and they ultimately decided the billboard was the answer.

The group said they used their own savings and donations to pay for the $25,000 ad campaign.

Several San Francisco tourism and business associations, including the San Francisco Travel Association, The Hotel Council of San Francisco, the Union Square Alliance & The Golden Gate Restaurant Association, released a joint statement denouncing the campaign.

“The passionate campaign being launched today by MADD, although impactful, is not the solution as it will only hurt local small businesses and our hospitality workers who just now are beginning to crawl out of the economic disaster caused by COVID and its continuing fallout,” the statement said.

VIDEO: Father recounts what it’s like to raise a child surrounded by drug dealing and crime in SF’s Tenderloin

Joe D’Alessandro, the CEO of the San Francisco Travel Association, said they agree the city needs to address the drug crisis but believes a campaign putting down San Francisco is not the answer.

“They’re asking people to stop coming to San Francisco right now,” he said, “So that hurts people tomorrow.”

Many of the San Francisco tourism/business associations have come together to respond to the billboard going up in Union Square calling out the city’s drug crisis.

“Although impactful [it’s] not the solution as it will only hurt local small businesses & our hospitality workers” pic.twitter.com/26qrgHUQ9m

— Liz Kreutz (@ABCLiz) April 4, 2022

A spokesperson for Mayor Breed argued the city is working to crack down on drug use.

” The Mayor agrees that we need to break up open-air drug dealing in San Francisco. Police officers are making arrests every day, and in the last few weeks an additional 20 officers have been added to the Tenderloin neighborhood to support our emergency response initiative ,” the spokesperson said in a statement. “The Police have seized over 10 kilos of fentanyl in the Tenderloin area this year alone, which is roughly four times more than was seized over the same time period last year.”

“We know more needs to be done to make more arrests, but there also needs to be accountability for the people who are dealing drugs, committing acts of violence, and making our communities less safe. We also need to increase access to services and treatment ,” the statement continued. “We’ve hired over 200 new behavioral health workers, opened the Tenderloin Linkage Center to provide people who are suffering with issues relating to mental health and addiction with the help they need, and are in the process of adding hundreds of mental health and substance use beds.”

.@LondonBreed’s office just released this statement responding to the Moms Against Drug Deaths billboard.

It says Breed agrees open-air drug dealing needs to end & says this year police have seized 4x the amount of fentanyl in the Tenderloin compared to the same period last year pic.twitter.com/2WBkfrws1J

— Liz Kreutz (@ABCLiz) April 4, 2022

Moms Against Drug Deaths, however, said they are not seeing enough change. They felt their recent protest about drug use at the newly opened Linkage Center fell on deaf ears and that they needed to do more to get the city’s attention.

If you’re on the ABC7 News app, click here to watch live

Berlinn said if they don’t see change and progress soon, they may expand their campaign internationally. She said they may place these billboards in European airports to warn people about San Francisco.

“I know it’s not going to happen overnight. It’s not a fast fix,” she said. “But we need to start moving that direction.”

These are some of the digital billboards created by the “Moms Against Drug Deaths”

Their campaign is in response to Mayor Breed’s recent trip to Europe where she pitched San Francisco as a safe place for tourists pic.twitter.com/GXYSZM5A63

— Liz Kreutz (@ABCLiz) April 2, 2022

Copyright © 2022 KGO-TV. All rights reserved.

The post Billboard calling out San Francisco’s ‘open-air drug market’ goes up in Union Sq. appeared first on Los Gatos News And Events.

by CBS San Francisco Staff:

SAN FRANCISCO (CBS SF) — A juvenile was shot in broad daylight near San Francisco’s Union Square Tuesday afternoon, according to San Francisco police.

Officers responded around 2:20 p.m. to a report of a shooting on Stockton Street. They found a juvenile male suffering from a gunshot wound.

Find out what’s happening in San Franciscowith free, real-time updates from Patch.

The victim was transported to a hospital for non-life threatening injuries. Meanwhile, the suspects fled and are still at large.

Read more at CBS

Find out what’s happening in San Franciscowith free, real-time updates from Patch.

CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.

To request removal of your name from an arrest report, submit these required items to arrestreports@patch.com.

1 Hurt In Shooting Near San Francisco’s Union Square

The rules of replying:

• Be respectful. This is a space for friendly local discussions. No racist, discriminatory, vulgar or threatening language will be tolerated.
• Be transparent. Use your real name, and back up your claims.
• Keep it local and relevant. Make sure your replies stay on topic.
• Review the Patch Community Guidelines.

Reply to this articleReply

The post 1 Harm In Capturing Close to San Francisco’s Union Sq. appeared first on Los Gatos News And Events.

2500 Steiner was already a historical landmark; now it is also a record holder

Anna Marie Erwert, SFGATE

Updated: 11/16/2021 5:11 PM

2500 Steiner, a trophy building on Pacific Heights, was built in 1927.

Adam Brioza, Open Homes Photography

Majestically on the corner of Alta Plaza Park, 2500 Steiner is rising again famous. Therein, Unit No. 6 sold for $ 15.5 million that November, making the 3,500 square foot unit $ 4,428 per square foot. That price per square foot is the highest SF ever had for a cooperative, according to MLS data. The previous record was held by a cooperative on 1 Steuart Lane at $ 4,012 per square foot.

The interior of the penthouse encompasses this stunning wraparound wall of windows that offers views from the city to the bay and beyond.

Open Homes Photography

Since 2500 Steiner is on a ridge at approximately 285 feet, it is a recognizable sight in the San Francisco skyline. “The height and lack of tall buildings nearby make it one of the most visible buildings in San Francisco,” wrote Bay Area Architects.

It was built in the 1920s by Conrad Alfred Meussdorffer, who also designed the St. Regis apartments in Lafayette Park (whose beaux-arts beauty catapulted Meussdorffer’s career into the city’s elite) and Washington Street in 2006.

This toilet with its striking wallpaper is one of three and a half bathrooms in the penthouse.

Open Homes Photography

A cooperative is a special type of property. In contrast to a condominium, in which the owner owns both the unit and a joint stake in the property, in a cooperative the owner does not technically own the property at all. These sales can be complex as prospective buyers must seek approval from a cooperative committee and buyers face significant HOA fees. Financing can also be tricky: some lenders won’t offer credit union loans if there are rules in place that restrict how or to whom you can sell your shares.

Almost every room is located so that you can enjoy the view.

Open Homes Photography

But none of that mattered to this apartment, which was being sold at its record-breaking price.

Anna Marie Erwert writes from both a tenant and a new buyer perspective and has (finally) achieved both statuses. She focuses on national property trends and specializes in the San Francisco Bay Area and the Pacific Northwest. Follow Anna on Twitter: @AnnaMarieErwert.

The kitchen is ready for a cook, equipped with high-end appliances and gadgets and a custom quilted back wall.

Open Homes Photography

There are four bedrooms in total; This has built-ins and a wonderful view.

Open Homes Photography

A romantic terrace awaits you from the main bathroom.

Open Homes Photography

The post Co-op sells for highest value per sq. foot in San Francisco appeared first on Los Gatos News And Events.

SAN FRANCISCO (KPIX) – Union Square in San Francisco is losing another major retailer, with DSW – the Designer Shoe Warehouse – being the newest store in the neighborhood to shut down for good.

“Things I used to know aren’t here anymore,” said Linda Hill, who was visiting from New Jersey.

CONTINUE READING: Wiggins scores 35 points, Warriors defeat T-Wolves for 10th win of the season

“It’s a lot sadder than it was before COVID,” said Judy Keith, a visitor from Texas.

Marisa Rodriguez, the new executive director of the Union Square Alliance – formerly known as the Union Square Business Improvement District – hopes to change that perception.

“It’s always disappointing when a cornerstone of our community has to be closed. As far as I know, they are closing more than just their location here in San Francisco, ”said Rodriguez.

She agrees that there is a problem with the image of Union Square that she attributes primarily to the pandemic and the toll it has taken on tourism and retail. It is Rodriguez’s goal to address the image problem.

“That perception will soon go away,” she said. “Union Square is ready and waiting for visitors. We have so much to offer. “

CONTINUE READING: Belmont Police report 4 arrests in 2019 that killed Carlmont HS student Mohammad Othman

The holiday season has already begun with the return of the traditional Christmas tree and ice rink to Union Square.

“It will be lit on November 18th,” she said. “People love the ice rink. In contrast to last year, when everything was closed, it is open. “

She also noted that some companies are moving in while others are moving in.

Omega, the watch store, has just opened in Union Square, one of nine upcoming openings and reopenings, according to Rodriguez.

“These range from restaurants, wine bars, retail stores – we even have a mattress store,” she said. “We are very excited about all of this.”

Perception won’t change overnight. But Rodriguez believes it will continue to move in the right direction when people venture back into the world and relive Union Square.

MORE NEWS: Opening of a large charging station for electric cars in the Valley Fair Mall

“I think you will come here and be amazed at how activated, how beautiful and how clean and safe it is,” she said.

The post New Government Director Hopes to Change Picture of San Francisco’s Union Sq. – CBS San Francisco appeared first on Los Gatos News And Events.

The DSW on Union Square in San Francisco closes its doors after nine years.

A green “closed” sign now adorns the store at 400 Post Street and customers could only pick up orders there, the San Francisco Chronicle reported.
While DSW hasn’t said why the four-story store closed, it’s more than likely the latest fallout from the pandemic.

The company’s parent company, Designer Brands, said in March it could close about 65 stores in the US over the next four years, including 24 in 2021. The stores that are closing have not been identified. An official said the leases would expire shortly.

“As retail traffic is still restricted and consumers continue to choose to shop digitally and forego in-store visits, we are carefully evaluating our existing store infrastructure,” said Jared Poff, Chief Financial Officer of Designer Brands, at the time.

Several retailers closed locations in downtown San Francisco during the pandemic. Including: Gap, H&M, Marshalls and Uniqlo. In addition, Walgreens announced last month it would close five stores for excessive shoplifting. Nordstrom Rack closed its 555 Ninth Street store in October, resulting in 41 layoffs.

Some traders are moving to the area. The jewelry company Brilliant Earth rented offices at 300 Grant Avenue and joined the outdoor clothing retailer Arc’teryx. The Swiss watch manufacturer Omega also recently opened a store on 103 Geary Street.

“We have several leases in the works,” Cushman & Wakefield broker Kazuko Morgan told The Chronicle. “As long as the current climate lasts, we feel very good for 2022.”

An end to the pandemic travel bans can also strengthen local real estate. The JPMorgan Health Care Conference returns to town in January.

[SFC] – Victoria Pruitt

Contact Victoria Pruitt

The post DSW Closes San Francisco Union Sq. Retailer appeared first on Los Gatos News And Events.

• Facebook
  

• Twitter
  

• Instagram
  

• Submit tips for research
• Newsletter
• Connect with us

• Submit feedback
• KNTV employment information
• FCC applications
• Terms of Use
• Privacy Policy
• Don’t sell my personal information
• advertise with us
• KNTV Public Inspection File
• CA notice
• AdChoices

Copyright © 2021 NBCUniversal Media, LLC. All rights reserved

The post Thieves Hit Luxurious Retailer in San Francisco’s Union Sq. – NBC Bay Space appeared first on Los Gatos News And Events.

SAN FRANCISCO (AP) – Digital payments company Square Inc. says it has agreed to acquire Afterpay, which gives merchants a “buy now, pay later” option in an all-stock deal valued at approximately $ 29 billion offers.

Square said Sunday it had agreed to buy all of the shares in the Australian company and that the estimated value of the transaction was based on the closing price of Square’s common shares last Friday.

CONTINUE READING: Students and faculty are excited to return to the BayTech Charter classrooms

Square enables retailers to process credit card transactions with devices that plug into tablets or smartphones. The San Francisco-based company said the acquisition is expected to close in early 2022.

The company plans to integrate Afterpay into its services so that merchants can offer their customers the option of paying for goods later without a credit card. Afterpay users could manage their installment payments right in Square’s Cash app.

“Square and Afterpay have a common purpose,” Square CEO Jack Dorsey said in a statement.

CONTINUE READING: Wildfire breaks out on Bradford Island in the early morning; At least 2 houses damaged, residents forced to evacuate

About 70 million people use Square’s Cash app. As of June 30, Afterpay served more than 16 million users and nearly 100,000 merchants, including large retailers, the company said.

Installment payments are popular with retailers as they encourage customers to spend more money. And they allow customers who do not have sufficient credit or credit at the time of purchase to leave a store with the item they want. Payments are made in multiple installments without interest over time – unless customers are late, in which case additional fees or interest may apply.

“Afterpay is deeply committed to helping people spend money responsibly without incurring service fees for those who pay on time,” said a joint press release announcing the deal.

MORE NEWS: COVID Delta variant: San Francisco Bay Area indoor mask requirement may come this week

© Copyright 2021 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

The post San Francisco Digital Fee Firm Sq. to Purchase Afterpay in $29 Billion Deal – CBS San Francisco appeared first on Los Gatos News And Events.