The rental car company’s latest results indicate it has a long road back to profitability. Ackman’s case for big gains may ...

Since Ackman made the first investment, Basic Capital has picked up some notable venture capital backers. In 2023, its seed round was led by Lux Capital and included venture capital firms BoxGroup, ...

Hertz Global Holdings shares declined 7.6% in premarket trading Tuesday after recording a wider loss and lower revenue in its latest quarter.

DETROIT] Hertz Global Holdings posted a larger-than-expected loss in the first quarter after the rental company shrank its ...