Hertz CFO steps down, finance VP Cheung takes on role

Hertz CFO steps down, finance VP Cheung takes on role

Hertz Global Holdings Inc. HTZ, +0.82% said late Monday that Kenny K. Cheung, recently promoted to executive vice president of finance, took on the role of chief financial officer last week. Cheung succeeded R. Eric Esper, promoted to CFO in August.
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Canadian auto workers OK contract with Ford

Ford Motor Co. of Canada on Monday finalized a new labor agreement with Canadian autoworkers that will bring a $1.5 billion (U.S.) investment from the automaker to build battery-electric vehicles in Canada. Unifor union members who work for Ford ratified …
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Ransomware hack cripples United Health Services hospitals, facilities across the US

A nationwide cyberattack has crippled operations at Universal Health Services, one of the nation’s largest health care providers. As a result, health care personnel reportedly began keeping records on paper as computer systems began failing over the …
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Ohio tells GM to repay tax break after it shut down plant

LORDSTOWN, Ohio — General Motors must repay roughly half of a $60 million tax incentive package because of its broken promise to keep open its assembly plant near Youngstown, a state agency said Monday. Support our journalism. Subscribe today.
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Trump administration imposes restrictions on China's biggest chip maker: reports

The Commerce Department warned U.S. companies of steps it must take before exporting parts to China’s biggest manufacturer of computer chips, saying Friday that there is an “unacceptable risk” that parts sold to Semiconductor Manufacturing International …
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