National Car Rental just positioned itself to reap nearly $1 million in marketing -- and it may not cost them a penny.
Tesla Motors Inc. fell Friday to the lowest price in six weeks after Barclays downgraded the stock to the equivalent of a sell rating. Tesla shares have declined every day this week.
James Bevan, chief investment officer at CCLA Investment Management, discusses the outlook for the banking sector, his thoughts on Volkswagen being compared to Lance Armstrong and Bernie Madoff, and the coming Ferrari IPO. He speaks with Manus Cranny on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
Lapo Elkan, grandson of the late Fiat chairman Giovani Agnelli, discusses what he calls the “legend” of Ferrari. He appears on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
Roger Carr, chairman at BAE Systems, discusses the emissions scandal at Volkswagen and impact a mixed gender board has on companies. He speaks with Manus Cranny on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
David Rubenstein, co-founder and co-chief executive officer at The Carlyle Group, and Tom Keene talk about the history of Ford's Theater in Washington, D.C. and the assassination of President Abraham Lincoln. They speak on "Bloomberg ‹GO›" (Source: Bloomberg)
David Rubenstein, co-founder and co-chief executive officer at The Carlyle Group, discusses bank and tax proposals from presidential candidates Hillary Clinton and Donald Trump and the problems in the U.S. political system. He speaks on "Bloomberg ‹GO›" (Source: Bloomberg)
David Herro, partner at Harris Associates, discusses his reason for buying Glencore shares, how he views the company's balance sheet and not looking to act as an activist investor with the miner. He speaks on "Bloomberg Surveillance." (Peter Grauer, the chairman of Bloomberg LP, the parent of Bloomberg News, is a senior independent non-executive director at Glencore.) (Source: Bloomberg)
Blue Elephant Capital Management, the investment firm founded by ex-Nomura Holdings Inc. traders to snap up loans created through online marketplaces, is expanding into new waters: financing used boats.
Sprint Corp. Chief Financial Officer Tarek Robbiati, who joined about a month ago to help turn around the unprofitable carrier, said he will cut about 10 percent of operating costs to save $2 billion, and identified an additional $500 million of reductions in equipment spending.
Canadian stocks were little changed, as equities headed toward the best weekly performance this year, after the economy added jobs for a third straight month in September and more people entered the labor force looking for work.
Donald Blankenship’s own words may come to haunt the former Massey Energy Co. chief executive officer at his criminal trial as a federal judge said prosecutors can let the jury hear conversations secretly recorded while he led the company.
Russia’s government is said to be weighing unprecedented and unpopular steps that it says will revive growth, including increasing the retirement age and raising taxes on the rich, following the 2018 presidential election, according to a senior administration official.
“Instead of imposing an unfair and unwanted moratorium they should support us so we can deal with the international oil companies fairly, transparently and adequately,” Farah said.
The European Central Bank should take more time to assess the risks to its inflation outlook before policy makers discuss whether to expand stimulus, ECB Executive Board member Sabine Lautenschlaeger said.
Brookfield Asset Management Inc., Canada’s largest alternative asset manager, will create a new publicly traded subsidiary by spinning off a portion of its private-equity arm through a special $500 million dividend.
The hedge fund offers expensive loans to tribes with limited options.
Richard Rainwater, the Texas investor who helped the Bass family turn a $50 million oil inheritance into a reputed $5 billion fortune, has died. He was 71.
45 Park Place developer Sharif El-Gamal plans a 70-story residential tower, with amenities to evoke a five-star hotel.
An expected pickup in property-price growth and an expanding buy-to-let mortgage market aren’t undermining U.K. financial stability, the Bank of England said.
Al Noor Hospitals Group Plc confirmed that it had received an informal offer from NMC Health Plc, a United Arab Emirates health-care company.
NMC Health Plc, a United Arab Emirates health-care company, made an approach to Al Noor Hospitals Group Plc about a possible offer that would challenge an earlier proposal by South Africa’s Mediclinic International Ltd.
A jeweler charged in the U.K.’s biggest insider-trading prosecution won’t stand trial in January because of health concerns.
U.S. stocks were little changed as optimism from a winning streak that’s put the Standard & Poor’s 500 Index on track for its best week of the year was offset by disappointing results from Alcoa Inc.
Countries can’t count on other economies for growth as trade slows and emerging markets retrench, Bank of England Governor Mark Carney said.