Hertz Global Holdings on Monday announced Chairman and CEO Mark Frissora is stepping down, citing personal reasons.» Read More
In the event that GM runs out of vehicles to loan owners of its recalled vehicles, the automaker has lined up rental firms, according to a report.
Take a look at some of Thursday's midday movers:
Business travelers have clear favorites among restaurants, hotels and airlines, but they spend their money elsewhere. Here's why.
Three stocks to own in 2014, with Andrew Wellington, Lyrical Asset Management.
Why to own Avis, Hertz and the Nasdaq OMX, with Andrew Wellington, Lyrical Asset Management. "Nasdaq is an incredible franchise," he says.
Some of Friday's midday movers.
Despite its higher prices, National Car Rental tops this year's Rental Car Satisfaction survey by J.D. Power, in part due to its easy pick-up process.
A study predicts that the number of subscribers to such services will grow from 2.3 million this year to more than 12 million in 2020.
Check out which companies are making headlines after the bell Tuesday:
The stage seems set for more stock market gains, with small caps leading the way higher and volatility at a relative low.
It was a literal flood of economic numbers this week for the Fed and investors to chew on—ending with Friday's employment report. This is Talking Squawk.
Hertz reported a loss due to costs related to its Dollar Thrifty buyout, but adjusted profit beat expectations and the company forecast strong results for 2013.
Peer-to-peer car sharing is only a few years old and as this new business model expands, it's running into a few roadblocks. Some states are asking questions about liability issues.
Tesla stock could have farther to climb, Adam Jonas of Morgan Stanley says.
The Raechel and Jacqueline Houck Safe Rental Car Act of 2013 would ban companies from renting a recalled vehicle until the safety hazard is fixed.
There's a lot of fear about Friday's jobs report. Bears are already saying this could be the report that finally forces the markets to take a breather.
Some of the names on the move ahead of the open.
Disappointing economic data hurt stocks early, with losses accelerating in the final hour of trade.
Check out which companies are making headlines after the bell Wednesday:
Certify's SpendSmart report shows the airlines, hotels and rental car agencies used most by North American business travelers.