Tag: bloomberg news

Hertz Global Holdings Inc. reached an eleventh-hour pact with lenders to give the struggling rental-car company more time to rework ...

Zero-percent financing deals hit a record last month as carmakers kept the U.S. auto market from collapsing. More than one in ...

The already-reeling used-vehicle market is hanging in the balance as Hertz Global Holdings Inc. negotiates with its creditors, a Benchmark Co. analyst ...

Millions more Americans filed for unemployment benefits last week, sending the six-week total above 30 million since the coronavirus pandemic ...

The record-long U.S. economic expansion is over after almost 11 years, with the deepest recession in at least eight decades ...

Automakers are headed for a less-drastic U.S. sales collapse than feared, according to market researchers. Retail sales to consumers are ...

General Motors Co. and Ford Motor Co.’s finance arms likely face multibillion-dollar losses linked to the dramatic drop in used-vehicle ...

More than 5 million Americans filed for unemployment benefits last week, bringing the total in the month since the coronavirus ...