Hertz Will Sell Electric Cars After Being Burned by Tesla’s Price Cuts

Hertz Will Sell Electric Cars After Being Burned by Tesla’s Price Cuts

The rental car company blamed the sharp drop in the value of electric vehicles and higher repair costs for its decision to sell 20,000 cars.
Holiday Spending Increased, Defying Fears of a Decline

Holiday Spending Increased, Defying Fears of a Decline

While the pace of growth slowed, spending stayed strong because of robust job growth and strong wage gains.
JetBlue Seeks Court Approval of its Acquisition of Spirit Airlines

JetBlue Seeks Court Approval of its Acquisition of Spirit Airlines

JetBlue Airways is trying to persuade a federal court to let it acquire Spirit Airlines, a deal that the Justice Department says will raise fares and reduce competition.