BREAKING NEWS
Hertz to pay $168 million in bogus theft settlement
Read full article: Hertz to pay $168 million in bogus theft settlementHertz says it will pay approximately $168 million by the end of the year to settle the majority of the lawsuits brought against the rental car company by some of its customers who were wrongly accused of stealing cars they had rented.
Avis' stock soars on earnings blowout, burning short sellers
Read full article: Avis' stock soars on earnings blowout, burning short sellersShares of Avis doubled after the rental car company’s third-quarter results showed it is well on the road to recovery from damage inflicted by the pandemic on the global travel industry.
Tesla falls on Musk tweet saying Hertz deal not signed yet
Read full article: Tesla falls on Musk tweet saying Hertz deal not signed yetShares of Tesla Inc. tumbled about 1.5% in early trading on Tuesday after its CEO and founder Elon Musk tweeted that a contract to sell 100,000 cars to Hertz had not been signed, suggesting the deal had not been finalized.