The Latest Breaking News from Stephen Scherr

Who could succeed David Solomon as Goldman Sachs' CEO?

The Goldman Sachs CEO succession race isn't over until it's over, but there appears to be a clear frontrunner. Here's who is seen as a contender to follow David Solomon.

Fortune · Mar 20, 2025

Bottom 100 Stocks to Buy: Is Hertz Global Holdings Ready for a Second Trip to Chapter 11?

Hertz Global Holdings jumped onto the Barchart Bottom 100 Stocks to Buy in Monday, trading in the 72nd position. Down 66% year-to-date, is the car rental company ready for Chapter 11? Or is it a value play? Here’s a look at both arguments.

Barchart · Sep 17, 2024

Hertz’s Plan To Reduce EV Fleet Puts Tesla’s Rental Promotion At Odds

Tesla and Elon Musk promote renting through Hertz while Hertz looks to scale back its EV fleet

Zenger · Nov 24, 2023

Yes, Puerto Rican licenses are valid in the U.S., Hertz reminds its employees

A Puerto Rican man was denied a car rental at a Hertz location at the New Orleans airport where employees apparently believed his driver's license was from outside the U.S. Hertz has since apologized.

WEKU · May 26, 2023

Hertz Added EV Rentals And Went From Bankruptcy To Huge Profits

You may be thinking the profits are due to people loving EVs, but the bigger point here is Hertz learned EVs are 50-60% cheaper to maintain than gas cars.

InsideEVs · Jan 17, 2023

Hertz To Pay $168M In Settlement For False Customer Arrests

The settlement will resolve 95 percent of claims from owners who alleged the car rental giant filed wrongful theft reports.

Motor1 · Dec 9, 2022

Hertz will pay $168 million to customers it falsely accused of stealing its cars

Faulty recordkeeping and failure to rescind police reports led to more than 360 false accusations by the rental car company, resulting in arrests, felony charges and jail time for some customers.

WEKU · Dec 6, 2022

Hertz Seeing "Very, Very Solid" Demand For Tesla EVs, CEO Reveals

Hertz's CEO also points out that Tesla EVs have contributed to some substantial savings for the company in maintenance costs.

InsideEVs · Sep 29, 2022

Hertz Announces New $2B Buyback: What Investors Need To Know

Shares of vehicle rental service company Hertz Global Holdings Inc (NASDAQ: HTZ) are moving higher Wednesday after the company announced a buyback.

Benzinga · Jun 15, 2022

Morning Brief: Top Financial Stories Dominating on Friday, April 29

CNBC

Benzinga · Apr 29, 2022