Bill Ackman runs the hedge fund Pershing Square ... As 25 percent levies on imported cars drive up used car prices, the value of Hertz’s fleet—around 500,000 vehicles worth roughly $1.2 ...

Hertz Global CEO Gil West is "encouraged" and "energized" by prominent investor Bill Ackman taking a "significant" position in the post-bankrupt rental car company, he said Friday in an internal ...

Bill Ackman's Pershing Square took a sizable stake in Hertz, the rental car company that exited from bankruptcy four years ago, sparking a big rally. Shares of Hertz surged 56% on Wednesday after ...

An extended trade war could cause the average annual cost of car insurance to rise more than $300 by the end of the year, according to estimates from the insurance agency Insurify. The reason is ...

Shares of Hertz surged 56% on Wednesday after a regulatory filing revealed Pershing Square had built a 4.1% position as of the end of 2024. Pershing has significantly increased the position — to ...