The "Mad Money" host explains why he thinks it might be a good place to invest.» Read More
The "Mad Money" host explains why he thinks it might be a good place to invest.
Getting around Austin during the South by Southwest festival can be a nightmare. Thanks to a few handy apps, there are some creative travel options -- no cash required!
South by Southwest draws so many entrepreneurs, it naturally also draws venture capital investors hoping to find the next big thing.
New rental car service Silvercar lets customers reserve an Audi A4, unlock its door and drive away via your smartphone. No need to visit the often slow car rental counter.
The CEO of Zipcar, which was taken over this week by Avis, told CNBC about a new plan to get around the annual fee.
Scott Griffith, Zipcar chairman & CEO discusses his company's no annual fee driving plan and sale to Avis. "We think it's a game changer in personal mobility," Griffith said.
While Avis Budget is paying nearly $500 million for the short-term car-rental company, Zipcar's founders are not among the largest shareholders.
Stocks kicked off the first trading day of 2013 with a sharp 2-percent rally across the board fueled by the last-minute budget deal by lawmakers to avert the "fiscal cliff" that would have pushed the economy into recession.
CNBC's Phil LeBeau has the details on Avis Budget Group acquiring car-sharing service Zipcar in a nearly $500 million deal.
The "Squawk on the Street" crew reports shares of Zipcar are soaring on news the car-sharing service agreed to be acquired by Avis Budget Group for $500 million or $12.25 a share in cash.
U.S. stock index futures indicated a sharply higher open for Wall Street’s first trading day of 2013, after the U.S. House of Representatives finally approved a bill to avert the "fiscal cliff."
Some of the names on the move ahead of the open.
Avis Budget Group said it will buy Zipcar for about $500 million in cash to enter the fast-growing U.S. car-sharing market.