Rental car firm Hertz plans to raise $750 million through notes

- Hertz Global Holdings said on Thursday it intends to raise $750 million through secured notes offerings, as it looks to shore up its balance sheet after a failed bet on electric vehicles.

Hertz said on Thursday it may not achieve the 11,000 remaining planned EV disposals in the time and manner it expects.The Estero, Florida-based company took a $588 million hit in vehicle depreciation costs during the first quarter ended March 31, of which $195 million was related to EVs held for sale.

Bill Gates' former assistant is worth $154 billion — and could soon be richer than the Microsoft cofounder OTTAWA — The Bank of Canada's governing council thought about waiting until July to lower interest rates but ultimately decided to cut earlier, the central bank's summary of deliberations reveals.Let's explore whether Bank of Nova Scotia or Bank of Montreal is a better buy today seeing as they have experienced a dip in their shares recently. The post BMO vs. BNS: Which Bank Stock Is a Better Buy? appeared first on The Motley Fool Canada.

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