Apr 12, 2018

Background check startup raises $100 million

Checkr, a San Francisco-based provider of automated background checks for employers, raised $100 million in new funding led by T. Rowe Price.

Why it matters: Because Checkr's software is designed, in part, to open employment opportunities to the millions of Americans with criminal records.

For example: You run screens on everyone who applies for a non-driving job, and preemptively eliminate everyone with criminal histories. Checkr then might inform you that the qualified applicant pool would grow by 5% if you allowed those with DUI convictions (or perhaps only those w/ DUI convictions from more than 5 years ago). It's not something a client must avail themselves of, but it could be valuable for both ex-cons (who struggle to find work, thus raising recidivism rates) and for employers (particularly in a red-hot labor market).

Bottom line: Checkr originally launched to work with on-demand employers who needed quick turnaround times, but claims to have since begun making inroads into the Fortune 1000. It currently runs around 1 million monthly background checks.

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Mass shooting in Milwaukee: What we know

Milwaukee Mayor Tom Barrett in 2012. Photo: John Gress/Corbis via Getty Images

Six people died in a shooting at the Molson Coors Brewing Company in Milwaukee on Wednesday, including the gunman, Mayor Tom Barrett told reporters at a Wednesday evening press conference with local police.

Details: All of the victims worked at the brewery complex, as did the shooter who died of "an apparent self-inflicted gunshot wound," police confirmed in a statement late Wednesday.

Go deeperArrowUpdated 6 hours ago - Politics & Policy

Coronavirus updates: South Korea case count tops 2,000

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

33 people in California have tested positive for the coronavirus, and health officials are monitoring 8,400 people who have recently returned from "points of concern," Gov. Gavin Newsom said Thursday.

The big picture: COVID-19 has killed more than 2,850 people and infected over 83,000 others in some 50 countries and territories. The novel coronavirus is now affecting every continent but Antarctica, and the WHO said Wednesday the number of new cases reported outside China has exceeded those inside the country for the first time.

Go deeperArrowUpdated 7 hours ago - Health

Syria's darkest chapter

Family room without a family, in Idlib. Photo: Muhammed Said/Anadolu Agency via Getty Images

The worst humanitarian crisis of Syria’s brutal civil war is colliding today with what could be the war’s most dangerous geopolitical showdown, after at least 29 Turkish troops were killed in an airstrike.

The big picture: The fighting is taking place in Idlib in northwest Syria, where a ferocious Syrian and Russian offensive has displaced 1 million civilians and infuriated Turkey, which borders the region.

Go deeperArrow9 hours ago - World