Hertz Lost $2.9 Billion After EV Gamble Didn't Pay Off
Happy Valentine’s Day! It’s Friday, February 14, 2025, and this is The Morning Shift, your daily roundup of the top ...
Woman says Hertz sent her to collections over rental car she turned in on time
Vonecia Sullivan-Hill said she took a weekend getaway last summer to Georgia. When she landed in Atlanta, she rented a car through Hertz. She said everything was fine during the trip until she ...
After Selling 30,000 EVS, Hertz Is Now Chasing Fleet Rotation To Reduce Losses
Car rental firm Hertz Technologies CEO Wayne West said on Thursday that it has removed 30,000 EVs from its fleet as planned ...
Hertz Finally Sells Off 30,000 EVs, Still Faces $2.9B Loss In 2024
Hertz completed its plan to sell 30,000 EVs by late 2024, incurring substantial financial losses. The rental company admits ...
Hertz price target lowered to $3 from $3.85 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on Hertz (HTZ) to $3 from $3.85 and keeps a Hold rating on the shares. The firm says investors ...
GameStop’s Retail Business Is Dwindling. Could It Buy Bitcoin Like MicroStrategy Instead?
GameStop wants to be more like MicroStrategy —and those plans are boosting the stock Friday. According to CNBC, which cited ...
Applied Materials Stock Falls. What’s Overshadowing Its Solid Earnings.
FEATURE Shares of Applied Materials were falling Friday after the chip equipment maker issued mixed financial guidance.
Treasury watchdog begins audit of Musk DOGE team’s access to federal government’s payment system
The Treasury Department’s Office of Inspector General says it's launching an audit of the security controls for the federal ...
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Inc. 5000 2024: Meet the Companies Building the Future
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth over the last three years. They generated 874,940 jobs, $317 billion in revenue, and show where the economy is ...