Four Tokyo Olympic Staff Arrested for Suspected Cocaine Use

Tokyo’s National Stadium, set to be the main stadium of the Olympics and Paralympics. Photo: kim kyung-hoon/Reuters Updated July 13, 2021 12:47 am ET TOKYO—Two Americans and two British nationals contracted to work for the Tokyo Olympics have been arrested on suspicion

Hertz Leaves Bankruptcy, Taps Directors for New Board

Hertz Global Holdings Inc. emerged from bankruptcy protection Wednesday under new owners and a new board. The directors of the reorganized Hertz will include at least two representatives each from Certares Management LLC and Knighthead Capital Management LLC, which prevailed in May

Hertz's Complex Shareholder Payout Explained

Hertz Global Holdings Inc. is concluding a chapter 11 case that generated big gains for shareholders, who are usually an afterthought in corporate bankruptcies. Bullish individual investors, in particular, were drawn to Hertz and were rewarded for the risk they took on