Harley makes acting CEO permanent after well-received debut
Harley-Davidson Inc.’s acting chief executive officer will take over the job permanently after winning over investors and analysts with a...
Another 3.17 million filed for US jobless benefits last week
The number of Americans filing for unemployment benefits topped 3 million for a seventh straight week, signaling little relief in...
Hertz and Avis cancel orders in setback for ailing carmakers
Rental-car companies struggling to survive the coronavirus pandemic’s catastrophic blow to their business have been working with automakers to call...
Hertz gets forbearance from lenders in bid to avert bankruptcy
Hertz Global Holdings Inc. reached an eleventh-hour pact with lenders to give the struggling rental-car company more time to rework...
Carmakers dodge disaster with biggest-ever share of 0% loans
Zero-percent financing deals hit a record last month as carmakers kept the U.S. auto market from collapsing. More than one in...
‘Fire sale’ of Hertz rentals poses risk to broader auto sector
The already-reeling used-vehicle market is hanging in the balance as Hertz Global Holdings Inc. negotiates with its creditors, a Benchmark Co. analyst...
Another 3.8 million Americans file for jobless benefits
Millions more Americans filed for unemployment benefits last week, sending the six-week total above 30 million since the coronavirus pandemic...
US economy shrinks at 4.8% pace, signaling start of recession
The record-long U.S. economic expansion is over after almost 11 years, with the deepest recession in at least eight decades...
