Fair is a FinTech company that empowers customers to shop, get approved, and pay for the exact car they want—all on their phone. By simply scanning their driver’s license, linking a bank account, and signing in to the app, Fair customers can order a ready-to-pick-up car from anywhere in minutes.
Alyssa Julya Smith sits down with CEO Scott Painter in Los Angeles to discuss the company's latest round of funding, and how it plans to use the money to expand all over the USA. Fair just announced the close of a strategic funding round last week that was led by BMW i Ventures, alongside the Penske Automotive Group, among others.
Painter explains that since starting in September, the company has already seen huge interest and impact in the market. He also says that what works with Fair is that customers have the freedom to drive their car for as long as they want, and turn it in with just five days’ notice.
The union representing Southwest Airlines pilots says it reached a new contract agreement in principle with the airline following three years of negotiations.
U.S. Bank has been hit with a $36 million fine for freezing debit cards that distributed unemployment benefits during the pandemic.
Construction of new homes rose by double digits in November, according to data from the Commerce Department.
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Stocks opened lower after the opening bell and on track for its first decline in 10 days after a recent winning streak.
Tesla drivers in the U.S. were in more accidents than drivers of any other car brand this year, according to a study.
The promise of self-checkout was alluring: Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monotonous tasks themselves and retailers could save on labor costs.
Monsanto was ordered to pay $857 million to students and parent volunteers at a Washington school.
A federal judge has struck down hundreds of lawsuits filed against the makers of Tylenol and generic acetaminophen.
California regulators are preparing to vote on new rules for turning recycled wastewater into drinking water.
