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Biden nominates Cindy McCain for ambassadorship with the UN food agency

Biden nominates Cindy McCain for ambassadorship with the UN food agency
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Bankrupt Hertz soars 68% after accepting a takeover bid that would give a rare payout to stock investors

Bankrupt Hertz soars 68% after accepting a takeover bid that would give a rare payout to stock investors
egraffeo@businessinsider.com (Emily Graffeo)
© Cindy Ord/Getty Images
Cindy Ord/Getty Images
Shares of Hertz surged as much as 68% to $6.20 after the bankrupt car rental company accepted a takeover bid that would give shareholders a rare payout.
The winning bid will pay current shareholders close to $8 a share.
The rental car company was the target of day-traders last summer when it first announced it would file for bankruptcy.
Shares of Hertz surged as much as 68% to $6.20 after the bankrupt car rental company accepted a takeover bid that would give shareholders a rare payout. ....

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Hawaii tourists are renting UHaul vans instead of rental cars due to a massive shortage sending prices up to $700 a day

Hawaii tourists are renting U-Haul vans instead of rental cars due to a massive shortage sending prices up to $700 a day
bchang@businessinsider.com (Brittany Chang)
A rental-car shortage is is currently rippling across the US.
Hot travel destinations like Hawaii and Florida are especially impacted by this shortage.
Some tourists traveling to Hawaii are now opting to rent U-Haul trucks and vans instead.
Hot travel destinations like Hawaii and Florida are facing a massive rental-car shortage that s causing outrageously high rental-car prices and fully booked fleets.
To avoid this shortage and inflated prices, experts are advising travelers to plan ahead. However, some tourists in Hawaii have found a savvier workaround to this rental-vehicle shortage: rent a U-Haul instead. ....

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Hawaii tourists are renting U-Haul vans instead of rental cars due to a massive shortage sending prices up to $700 a day

Hawaii tourists are renting U-Haul vans instead of rental cars due to a massive shortage sending prices up to $700 a day
bchang@businessinsider.com (Brittany Chang)
A rental-car shortage is is currently rippling across the US.
Hot travel destinations like Hawaii and Florida are especially impacted by this shortage.
Some tourists traveling to Hawaii are now opting to rent U-Haul trucks and vans instead.
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To avoid this shortage and inflated prices, experts are advising travelers to plan ahead. However, some tourists in Hawaii have found a savvier workaround to this rental-vehicle shortage: rent a U-Haul instead.
We have seen a considerable uptick in U-Haul rentals from customers who are visiting the islands now, Kaleo Alau, the president of U-Haul Company in Hawaii, told Insider in an email statement. We realize this demand is occurring when tourists are unable to secure a rental-car, or they learn that our rental fleet ....

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Fundstrat's Tom Lee gives 7 reasons why investors should buy the stock market's recent dip, even as bond yields surge

Fundstrat s Tom Lee gives 7 reasons why investors should buy the stock market s recent dip, even as bond yields surge
mfox@businessinsider.com (Matthew Fox)
© Cindy Ord/Getty Images
Cindy Ord/Getty Images
Fundstrat s Tom Lee thinks investors should buy the recent dip in the stock market, according to a Friday note.
Lee said the 10% decline in the Nasdaq 100 likely represented a local bottom and that stocks have multiple positive supports that will likely dominate in 2021, according to the note.
Here are the 7 reasons why investors should buy the dip in stocks, according to Lee.
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US stocks took a beating over the past three weeks after rising interest rates and concerns about inflation sparked a mass exodus out of high-growth technology companies and into cyclical stocks that are heavily exposed to a reopening economy. ....

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