Start-Up Apartment List Raises $50 Million Funding Round
Start-up Apartment List is aiming to change the way you rent online. The company just closed a $50 million funding round. Co-Founders John Kobs and Chris Erickson explain how they are using this funding to expand its existing business.
"We actually think that rentals is the next category to have a moment," said Kobs. "We really want to focus on giving more options to our renters."
In 2017, Apartment List doubled the amount of leases signed on its platform. The company is using its new funding do double its headcount in the year ahead.
Union workers at Mack Trucks went on strike Monday after voting down a tentative five-year contract agreement that negotiators had reached with the company.
Claudia Goldin, a Harvard University professor, was awarded the Nobel economics prize on Monday for research that helps explain why women around the world are less likely than men to work and to earn less money when they do.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we focus on MGM Resorts, Clorox, United Airlines, Google and HP.
