Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic
The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business all but vanished...
Large employers push back on U.S. healthcare mergers during coronavirus crisis
A group representing some of the largest U.S. employers has asked Congress for a year-long ban on mergers and acquisitions among hospitals and doctors groups...
U.S. grants tentative OK for 15 air carriers to suspend service to 75 airports
The U.S. Transportation Department said late Friday it had granted tentative approval to 15 airlines to temporarily halt service to 75 U.S. airports because of...
Dozens of Chinese companies added to U.S. blacklist in latest Beijing rebuke
The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy on its minority...
Uber customer claims company won price-fixing suit because arbitrator was scared
An Uber customer on Friday asked a Manhattan federal judge to overturn an arbitration win for the company in a price-fixing case, arguing that the...
United Airlines CEO Kirby’s annual base salary lower than predecessor
United Airlines Holdings Inc said on Friday it would pay Chief Executive Officer Scott Kirby an annual base salary of $1 million, lower than what...
Hertz preparing to file for bankruptcy as soon as Friday night: WSJ
Hertz Global Holdings Inc is preparing to file for bankruptcy as soon as Friday night after failing to reach a standstill agreement with its top...
U.S. agencies ask FCC to rescind Ligado spectrum decision
A group of U.S. agencies on Friday asked the Federal Communications Commission (FCC) to reconsider its unanimous April 22 decision to allow Ligado Networks [MOSAV.UL]...
Business groups push Trump to keep skilled-worker visas amid pandemic
A range of business groups have made an 11th-hour appeal to U.S. President Donald Trump as he weighs whether to restrict temporary work visas, warning...
Automaker trade backs U.S. on effort to weaken fuel efficiency rules
A group representing many major automakers on Friday backed the Trump administration’s decision to weaken Obama administration fuel efficiency standards but said it opposed further...