Rental car giant Hertz Global Holdings announced Monday it would pay $168 million to settle 364 claims ... believes it will recover some part of the settlement amount from its insurance carriers.

Earlier this month, Hertz agreed to pay $168 million to settle claims of filing ... first," chief executive Stephen Scherr said of the settlement. "In resolving these claims, we are holding ...

Hertz said Thursday that the rental car giant's failed investment in an electric vehicle fleet continues to be an expensive mistake, reporting it lost another $195 million last quarter in ...

Biotech company Odyssey Therapeutics, Inc. has announced a $168 million Series B financing, led by global venture capital firm General Catalyst, an active investor in the healthcare sector.

Car rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its first quarter earnings report, Hertz said it “upsized” its prior EV fleet drawdown plans by ...

The car rental company took a $195 million charge for the depreciation of an additional 10,000 EVs that Hertz is now holding for sale. While the company met revenue expectations, it is trying to ...

The car rental company took a $195 million charge for the depreciation of an additional 10,000 EVs that Hertz is now holding for sale. While the company met revenue expectations, it is trying to ...

Hertz suspends its $500 million stock sale as SEC Chairman Jay Clayton says the agency "has comments" about the car rental giant's proposed stock sale. Hertz (HTZ) reportedly is suspending its ...

Hertz is hurting. The company was expecting a challenging first quarter, but it got more than it bargained for: It reported a $392 million adjusted net loss on Thursday. Despite increases in ...

Former Chrysler CEO Bob Nardelli discusses the administrations EV push, arguing most of the startups are failing. Hertz said Thursday that the rental car giant's failed investment in an electric ...

Car rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its first quarter earnings report, Hertz said it “upsized” its prior EV fleet drawdown plans by an ...