The company, which operates its fleet under brands such as Hertz, Dollar and Thrifty, forecast adjusted profit of 51 cents- 88 cents per share for the year, compared with its earlier estimate of $2.75- $3.50 per share. Revenue from the company's U.S. car rental business, which is also its biggest, fell 1.9 percent to $1.71 billion for the third quarter ended Sept. 30.
The struggling Google-backed fitness service discontinues its most popular membership option.
Investors get an early look at the hard-hit retail space with earnings reports from Kate Spade, Estee Lauder and Weight Watchers.
The AT&T-Time Warner merger raises questions of whether a deal this big will benefit consumers, Sen. Richard Blumenthal said.
"This is still another case of Donald Trump having a unique view about how our system works," ex-FCC Chairman Reed Hundt tells CNBC.
The AT&T-Time Warner deal has echoes of the failed Time Warner-AOL combination, but they differ in many ways, a former AOL CEO said.
Amazon Music Unlimited is set to compete with Spotify and Apple Music.
Property insurance is the last thing on people's minds when evacuating for a hurricane. Here are some key things to know about your policy.
New rules are hot off the press: The Consumer Financial Bureau wants to strengthen consumer protections for prepaid cards.
You've just paid up thousands on a home down payment. Here's an opportunity to save a few bucks as you close on your purchase.
A new survey found that service speed getting slower, but orders are more accurate than before.
Uber teams up with Microsoft to improve check-ins for its drivers.
Amazon says it's the most customer-centric company. Yet its algorithm is hiding the best deal from many customers, ProPublica reports.
The entertainment company shifts strategy by licensing characters to video-game producers instead of making games itself.
A number of stores are trying out new strategies such as improving in-store experiences to boost traffic.
Wolters Kluwer CFO Kevin Entricken explains why the firm is “very interested” in emerging markets.
Neil Campling, global head of TMT research at Northern Trust Capital Markets, talks about how Apple is playing catch up, and how consumer trends are changing.
HSBC reveals the spending habits of mainland consumers on shopping, travel, autos and tech, and where the opportunities are.
The carrier's new data plans will also come with a higher monthly data capacity.
The airline will replace the second meal for passengers with smaller snacks, such as mini chocolate bars.