• Senators eye $1T infrastructure plan

    11 days ago - By Finance Commerce

    A bipartisan group of senators is eyeing an infrastructure deal with $579 billion in new spending as negotiators try to strike a nearly $1 trillion deal on President Joe Biden's top priority, according to those briefed on the plan.
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  • Hertz's Chapter 11 restructuring plan has been confirmed by a bankruptcy court, paving the way for a $1 billion shareholder payout

    Hertz's Chapter 11 restructuring plan has been confirmed by a bankruptcy court, paving the way for a $1 billion shareholder payout

    11 days ago - By Business Insider

    Summary List Placement Hertz shareholders are one step closer to seeing more than $1 billion of value returned.
    The car rental giant and original "meme stock" said on Thursday its restructuring plan has been confirmed by a bankruptcy court, paving the way for creditors to be paid in full and existing shareholders to receive more than $1 billion of value.
    Andrew Glenn, who championed the deal for shareholders as the managing partner of Glenn Agre Bergman & Fuentes, told Insider he's "thrilled, but not surprised" that the court approved the deal.
    "We put forward the highest and best value...
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