Business

Hertz is seeking up to $ 1.5 billion in bankruptcy loan

Hertz Global Holdings Inc. is on the hunt for a $ 1.5 billion bankruptcy loan after regulators blocked the rental car company from pursuing a sale of what would likely be worthless, according to people familiar with the matter. Hertz reached out to existing debtors this week, as well as …

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Stock futures mixed as traders Powell, dissecting economy

Stock futures were narrowly mixed during Thursday night’s extended session, indicating that Wall Street would not open much change on Friday, with key benchmarks struggling with the ongoing impact of the coronavirus on the economy and the potential for a policy change by the Federal Reserve. Shares ended Thursday’s regular …

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