Retaliatory tariffs have raised Chinese duties on vehicle imports from the U.S. to 150%. The approval could help encourage deals in the financial-services industry. The bloc postponed penalties, ...

(Bloomberg) -- Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the rental car company’s turnaround plan and that tariffs will ...

President Trump’s auto tariffs may have sparked fears of price hikes among consumers, but some car-buying businesses could actually benefit, according to investor Bill Ackman. The Pershing Square ...

The CEO of Hertz said he feels humbled following comments by billionaire investor Bill Ackman, whose investment management ...

Hertz CEO Gil West said he is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position ...

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

Billionaire investor discloses nearly 20% stake in Hertz, lays out path to greater profitability ...

Happy Good Friday to Barchart readers everywhere. The shortened week saw the S&P 500, Dow Jones Industrials, and Nasdaq 100 ...

Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the rental car company’s turnaround plan and that tariffs will boost the value ...

The company's size and global reach give it muscles to flex even in a sour economy. Patrick McHenry was known as a crypto industry ally in Congress.

Avoid Hertz stock, despite recent surges and Bill Ackman's investment. Read more on how HTZ's high debt and recession risks ...

Hertz (NASDAQ: HTZ) stock is back in the spotlight, surging 56% on Wednesday and another 44% on Thursday, after billionaire ...