The City of Vancouver has signed off on inter-municipal ridesharing licences for Lyft and Uber. The world’s two largest ridesharing companies can now pick up and drop off passengers across the Lower Mainland using just one licence, rather than having to …
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Hertz was too risky for Carl Icahn. Not for Cory Gerber. Late last month, after Hertz Global Holdings Inc. HTZ -24.41% said it would file for bankruptcy protection, the 84-year-old billionaire sold his stake in the car-rental company for just 72 cents a share.
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Shoppers are returning to reopened stores faster than expected, according to retail executives. Macy’s Inc. Chief Executive Jeff Gennette said sales at reopened stores are down by about half compared with before the pandemic, which is better than the 85% …
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GameStop Corp. GME, -0.99% shares were down 5% in after-hours trading Tuesday after the retailer of multichannel video game, consumer electronics, and wireless services reported fiscal first-quarter results battered by the coronavirus pandemic.
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Shares of Vroom (NASDAQ:VRM), the newest used-car buying online platform to go public, is leaving the markets in the dust Tuesday, as its stock soared as much as 115% higher in its market debut.
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