Hertz Global Holdings Inc. is looking to raise around $500 million of secured debt to shore up its balance sheet, according ...

One of Donald Trump’s most vocal Wall Street supporters, hedge fund manager Bill Ackman, has an insurance policy in case the ...

How does the Hertz car rental benefit for American Express Preferred Rewards Gold cardholders work? We take a look at what ...

Hertz shares jumped 44% after Bill Ackman took a 20% stake, sparking hopes of activist changes despite financial struggles.

Billionaire Bill Ackman is one of the most closely followed investors. The head of Pershing Square Capital Management is ...

The rental-car company posted a loss of nearly $2.9 billion in 2024. Hertz chalked up the disappointing results to vehicle ...

Investors in the embattled rental-car company appear to be very excited about a recent position by Pershing Square Capital ...

Some investors accustomed to the dominance of U.S. stocks versus the rest of the world are making a stunning pivot toward ...

It later backtracked on the move. Share prices of Hertz surged 56% after billionaire investor Bill Ackman's firm disclosed a ...

Hertz soared over 25% in pre-market trading after hedge fund billionaire Bill Ackman threw his weight behind the embattled car rental firm.

President Donald Trump's new 25% automotive tariffs are set to push new car prices thousands of dollars higher, but some automakers and dealers are sending a message that for now, at least ...

There was a bright side, however, as CarMax said the growth in the number of vehicles sold was at highest rate in more than three years, and the average price for a car rose, to snap an eight ...