‘The money is still there,’ says APX managing director Jörg Rheinboldt

Here is another car wreck as a result of COVID-19.

Hertz, the rental car company that is going through Chapter 11 bankruptcy proceedings, can now sell up to $1 billion in stock as it seeks to tap into one of the hottest tickets in town: traders with an appetite for short-term speculative bets.

The decision Friday by the U.S. Bankruptcy Court for the District […]