The rental-car company posted a loss of nearly $2.9 billion in 2024. Hertz chalked up the disappointing results to vehicle ...

Hertz CEO Gil West said he is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position ...

The CEO of Hertz said he feels humbled following comments by billionaire investor Bill Ackman, whose investment management ...

Billionaire investor discloses nearly 20% stake in Hertz, lays out path to greater profitability ...

The Donald Trump administration received a major blow from the court as it has paused the deportation of immigrants under the ...

Billionaire fund manager Bill Ackman, who endorsed Donald Trump’s run for President, said the US leader was losing the ...

Pershing Square Capital Management says it now owns about 4.1% of the company.

The hedge fund manager, one of Trump’s most notable business allies during his campaign, doubled down on his call for the ...

Hertz shares soared Wednesday after billionaire Bill Ackman’s investment firm Pershing Square disclosed a sizable stake in ...

NEW YORK — Billionaire hedge fund manager Bill Ackman, a prominent supporter of Republican President Donald Trump, has ...

The Toy Association’s president and CEO said President Trump’s 145 percent tariffs on China will likely jeopardize the ...

(Bloomberg) -- Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the rental car company’s turnaround plan and that ...