Hertz plans to sell 20,000 EVs, including Teslas, as it returns focus to gas-powered cars

Hertz plans to sell 20,000 EVs, including Teslas, as it returns focus to gas-powered cars

Rental firm Hertz Global Holdings said Thursday it would sell about 20,000 electric vehicles from its US fleet due to higher expenses related to collision and damage, and will opt for gas-powered vehicles. Shares of the company, which operates vehicles from Elon Musk’s Tesla and Swedish EV maker Polestar among others, fell about 3% at market open. Hertz had said…

Pope hosts Marxist-Christian dialogue group at Vatican, praises cooperation ‘promoting the common good’

Pope hosts Marxist-Christian dialogue group at Vatican, praises cooperation ‘promoting the common good’

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Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%

Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%

Prices that consumers pay for a variety of goods and services rose more than expected in December, according to a Labor Department measure Thursday that shows inflation still holding a grip on the U.S. economy. The consumer price index increased 0.3% for the month, higher than the 0.2% estimate at a time when most economists…

For Jared Goff, Rams-Lions game about more than himself. ‘I want to be a part of this win’

For Jared Goff, Rams-Lions game about more than himself. ‘I want to be a part of this win’

ALLEN PARK, Mich. —  Jared Goff has his share of picture-perfect memories from his five seasons as quarterback of the Rams. One of those sits under glass at his office in Los Angeles. It’s a shot from an classic night game at the Coliseum in 2018, the year he helped lead them to the Super Bowl….

UBS’ John Lavollo expects persistent cash flow from homebuilders this year

UBS’ John Lavollo expects persistent cash flow from homebuilders this year

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street John Lavollo, UBS analyst, joins ‘Squawk on the Street’ to discuss the optimism in the housing market in 2024 and outlook for the sector. 03:04 2 hours ago

Iran seizes oil tanker involved in U.S. dispute off coast of Oman

Iran seizes oil tanker involved in U.S. dispute off coast of Oman

Aerial view of a tanker. Bugto | Moment | Getty Images Iran on Thursday captured an oil tanker previously involved in a Washington-Tehran dispute over carrying U.S.-sanctioned crude, Iranian state media said. The Iranian navy seized the vessel St. Nikolas in the Gulf of Oman, the state-run Islamic Republic News Agency said in a Google-translated…

Small businesses are continuing to worry about wage growth, says U.S. Chamber of Commerce CEO

Small businesses are continuing to worry about wage growth, says U.S. Chamber of Commerce CEO

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street Suzanne Clark, U.S. Chamber of Commerce CEO, joins ‘Squawk on the Street’ to discuss the state of American business. 05:07 2 hours ago

The Rock vows to ‘do things that have never been done before in WWE’ as potential Roman Reigns match looms

The Rock vows to ‘do things that have never been done before in WWE’ as potential Roman Reigns match looms

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