Hertz Corp. has kicked off negotiations to settle litigation surrounding a make-whole payout of over $270 million that has been demanded by some bondholders.

Hertz said in a US court filing on Friday that it voluntarily filed for Chapter 11 reorganization. It did not include operating regions, Europe, Australia and NZ The more than a century old car ...

Hertz Global Holdings on Friday won the dismissal of a lawsuit claiming that the rental car company was required to redeem ...

Hertz announced that it ordered 100,000 Teslas as the company is emerging from bankruptcy. A longtime Hertz customer with President’s Circle status was slapped with an unexpected $277.39 charge ...

The changing of the guard announced on Friday occurs about seven months after Hertz emerged from bankruptcy, and tries to vastly improve the car rental experience for customers, and to get more ...

Hertz's Chapter 11 bankruptcy protection filing is bringing attention to risks in this sector of the ABS market. Last Friday, the car rental company filed after a plunge in used car prices combined ...

The recent rally in Hertz stock has done one thing for the company. It's given it the motivation to launch one last hail mary attempt to save itself from bankruptcy. Hertz has made a filing with ...

Hegseth was confirmed after a 50-50 vote in the Senate, when Vice President JD Vance came to the chamber to break the tie in his role as president of the Senate.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

The rental car giant filed for bankruptcy last month, but that hasn't stopped Robinhood investors from buying the stock. Now, they're trying it with Hertz. Despite the fact that the company just ...

Mugford, Kristin, Stuart C. Gilson, and Samuel Antill. "Hertz in Bankruptcy: A Wild Ride in Pandemic Times." Harvard Business School Spreadsheet Supplement 222-713, April 2022. (Revised December 2022.

The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business all but vanished during the coronavirus pandemic and talks with ...