Browsing Tag

Hertz Global Holdings

Looking to Rent a Car? Expect Higher Prices, Long Waits and Slim Pickings

Dustin Moskovitz Dec 24, 2021 0

Travelers looking to rent cars are encountering higher rates and few choices, if they can find a car at all.The shortage of rental cars that emerged earlier this year has gotten worse as…

Technology

Hertz Links Up With Uber to Offer 50,000 Tesla Rentals

Andrew McCollum Oct 27, 2021 0

Hertz and Uber said Teslas would be available by 2023 for drivers to rent…

Technology

Hertz Orders 100,000 Teslas, Part of Plan to Electrify Fleet

Andrew McCollum Oct 25, 2021 0

Hertz Global Holdings Inc. HTZZ 7.13% said it has ordered 100,000 Tesla Inc.…

Business

Hertz Names Former Ford CEO as Interim Chief

Dustin Moskovitz Oct 5, 2021 0

Hertz Global Holdings Inc. HTZZ 9.13% tapped former Ford Motor Co. CEO…

Business

Hertz Posts Higher Revenue, Plans to Relist Amid Travel Rebound

Dustin Moskovitz Aug 9, 2021 0

Car-rental company Hertz Global Holdings Inc. said it plans to relist on a major stock exchange by the end of 2021 as its quarterly revenue surged amid a travel rebound.…

Business

Troubled Companies Take Page From AMC Playbook in Seeking Stock-Market Lifelines

Dustin Moskovitz Jun 21, 2021 0

The frenzied stock-buying activity that may have saved AMC Entertainment Holdings Inc. from bankruptcy is opening up a potential escape hatch for other troubled borrowers as…

Business

Hertz’s Complex Shareholder Payout Explained

Dustin Moskovitz Jun 11, 2021 0

Hertz Global Holdings Inc. is concluding a chapter 11 case that generated big gains for shareholders, who are usually an afterthought in corporate bankruptcies. Bullish…

Business

AMC Boss Adam Aron Basks in Meme-Stock Spotlight

Dustin Moskovitz Jun 6, 2021 0

Adam Aron, AMC Entertainment Holdings Inc.’s AMC -6.68% chief executive, has decided to run with the meme-stock bulls…