Hertz CEO ‘encouraged’ by Ackman’s ‘significant’ stake in the company

Hertz CEO ‘encouraged’ by Ackman’s ‘significant’ stake in the company

A Hertz Tesla electric vehicle is displayed during the Hertz Corporation IPO at the Nasdaq Market site in Times Square in New York City, U.S., November 9, 2021.  Brendan Mcdermid | Reuters Hertz Global CEO Gil West is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position in the post-bankrupt rental car…

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Outlook for April 21-25, 2025

Outlook for April 21-25, 2025

Wall Street may be past the worst of the tariff headlines two weeks after the initial April 2 announcement — as President Donald Trump endeavors to accomplish enormous trade deals during his 90-day pause — but volatility will continue to be a mainstay of the stock market for the foreseeable future. Investors wrapped up yet…

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(CHA) starts trading on the Nasdaq

(CHA) starts trading on the Nasdaq

People are shopping at a CHAGEE store in Shanghai, China, on October 18, 2023.  Costfoto | Nurphoto | Getty Images Shares of Chinese tea chain Chagee soared 30% during its public market debut on Thursday, as the company plans a U.S. launch despite trade tensions between Washington and Beijing. The stock, which is trading on…

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Former CISA chief Krebs leaves SentinelOne after Trump exec order

Former CISA chief Krebs leaves SentinelOne after Trump exec order

A week ago, President Donald Trump signed an executive order targeting former Cybersecurity and Infrastructure Security Agency Chief Chris Krebs, and calling on the government to suspend the security clearances of any entities with whom he’s associated. The order specifically named SentinelOne, Krebs’ employer. On Wednesday, Krebs announced his resignation from SentinelOne, a cybersecurity company…

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Nissan aims to ‘max out’ U.S. production plant amid Trump’s tariffs

Nissan aims to ‘max out’ U.S. production plant amid Trump’s tariffs

FILE PHOTO: The American flag flutters at a Nissan automobile dealership in Irvine, California, U.S., March 27, 2025.  Mike Blake | Reuters Nissan Motor’s new Americas leader said the automaker is aiming to “max out” production at its largest American production plant amid President Donald Trump’s 25% auto tariffs. Christian Meunier, who started as chairman…

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United Airlines (UAL) Q1 2025 earnings

United Airlines (UAL) Q1 2025 earnings

A United Airlines Boeing 767 passenger aircraft approaches Newark Liberty International Airport as trucks travel near the Port Jersey Container Terminal in Jersey City, New Jersey, on April 8, 2025. Charly Triballeau | Afp | Getty Images United Airlines maintained its full-year forecast on Tuesday but took an unusual step of offering a second forecast…

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