Stephanie Korey, co-founder and CEO of luggage company Away, discusses its accomplishments since launching in 2015. We talk plans for expansion, as the company has raised $31 million to date.
In less than two years, Away has sold 250,000 suitcases and already has several retail stores, with plans to open more in the coming year. We discuss new regulations by airlines that only permit "smart" suitcases with removable batteries on board.
The company looks to expand into a lifestyle brand with the launch of "Here" magazine and a new podcast called "Airplane Mode." Korey gives us a brief tease into advancements in the company's luggage which we may see in the coming months.
The cost of financing a home surged again this week as the average long-term U.S. mortgage rate climbed to its highest level since December 2000, further dimming the affordability outlook for many would-be homebuyers.
A commercial fisherman accused of conspiring with others to sell 200,000 pounds (90,000 kilos) of fish in excess of legal quotas has been convicted in federal court in New York.
