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Business

Hertz shares plummet after weak Q1, $250 million stock offering

by Adam Aitken

DETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a $250 million stock offering. Hertz shares were off more …

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US casino boss lands in Brisbane with bold plan to save Star Entertainment

by Adam Aitken

Armed with an orange notepad and pen, Robeson Reeves could pass as any one of the Queensland public servants walking up and down William St in Brisbane’s CBD on a …

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Contra Costa School of Performing Arts in Walnut Creek set to close

by Sven Aggesen

WALNUT CREEK — The Contra Costa School of Performing Arts will take its last curtain call in June, after administrators said rising facility costs and declining enrollment proved financially unsustainable …

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Drake complains about Kendrick Lamar’s ‘Not Like Us’ Super Bowl performance in new defamation claims

by Felipe Alfau

Hip hop superstar Drake is now complaining about rival rapper Kendrick Lamar’s performance of “Not Like Us” at this year’s Super Bowl, adding it to his defamation lawsuit against Universal …

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San Jose mayor Mahan, local congressman Liccardo lend support as Waymo applies to bring robotaxis to the city

by Francesco Algarotti

Robotaxi company Waymo is seeking to continue expanding in the Bay Area, and has applied for final approval to offer its driverless services in San Jose, where Mayor Matt Mahan …

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United Airlines (UAL) Q1 2025 earnings

by Leila Aboulela

A United Airlines Boeing 767 passenger aircraft approaches Newark Liberty International Airport as trucks travel near the Port Jersey Container Terminal in Jersey City, New Jersey, on April 8, 2025. …

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Britain’s Jaguar Land Rover suspends U.S. shipments

by Francesco Algarotti

Vehicles outside a Land Rover dealership in Tucson, Arizona, US, on Tuesday, April 1, 2025. Bloomberg | Bloomberg | Getty Images British carmaker Jaguar Land Rover said it will pause …

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Government officially delivers second budget surplus – with attention turning to whether it should be spent on relief

by Peter Abrahams

It’s official, the Albanese government has delivered its second budget surplus in a row, the first time that’s been done in two decades. The debate amongst economists and politicians will …

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Moderna moves three vaccines into final stage trials

by Adam Aitken

Nikos Pekiaridis | Lightrocket | Getty Images Moderna has more to offer beyond its Covid vaccine. The biotech company Wednesday announced positive clinical trial data on three experimental vaccines against …

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American Airlines, Spirit cut summer profit forecast on costs

by Leila Aboulela

An American Airlines plane sits at the gate at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on february 23, 2023 Daniel Slim | Afp | Getty Images American …

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