Related Articles: Debt and coronavirus push Hertz into bankrup ...

Debt and coronavirus push Hertz into bankruptcy protection

Debt and coronavirus push Hertz into bankruptcy protection

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 10 [...] Read full article: Debt and coronavirus push Hertz into ban...→

Debt and coronavirus push Hertz into bankruptcy protection

Debt and coronavirus push Hertz into bankruptcy protection

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 10 [...] Read full article: Debt and coronavirus push Hertz into ban...→

Coronavirus Saturday update: 30 more COVID-19 fatalities push death toll passed 1,000

Coronavirus Saturday update: 30 more COVID-19 fatalities push death toll passed 1,000

Minnesota’s COVID-19 death toll surpassed 1,000 people Saturday when the state Department of Health reported another 30 deaths related to the coronavirus. The [...] Read full article: Coronavirus Saturday update: 30 more COV...→

Coronavirus crisis crippling debt-heavy Serta Simmons

Coronavirus crisis crippling debt-heavy Serta Simmons

The nation’s biggest mattress maker is in danger of becoming a coronavirus casualty this summer — and it’s the company’s private-equity owners that have made i [...] Read full article: Coronavirus crisis crippling debt-heavy ...→

Tuesday Morning files for Chapter 11 bankruptcy protection, citing coronavirus

Tuesday Morning files for Chapter 11 bankruptcy protection, citing coronavirus

Discount chain joins J.C. Penney, Neiman Marcus and other large retailers to collapse during the pandemic. Read full article: Tuesday Morning files for Chapter 11 ban...→

Cuomo to meet with Trump on coronavirus, push infrastructure: ‘No better time to build than right now’

Cuomo to meet with Trump on coronavirus, push infrastructure: ‘No better time to build than right now’

New York Gov. Andrew Cuomo said he will travel to Washington D.C. for a meeting Wednesday with President Trump to discuss a number of topics amid coronavirus, [...] Read full article: Cuomo to meet with Trump on coronavirus,...→

Latam Airlines, South America's largest carrier, seeks bankruptcy protection amid coronavirus pandemic

Latam Airlines, South America's largest carrier, seeks bankruptcy protection amid coronavirus pandemic

Latam Airlines sought U.S. bankruptcy protection Tuesday as it grapples with a sharp downturn in air travel sparked by the coronavirus pandemic. Read full article: Latam Airlines, South America's largest ...→

Hertz Car Rental Files For Bankruptch Due To Coronavirus Pandemic

Hertz Car Rental Files For Bankruptch Due To Coronavirus Pandemic

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 10 [...] Read full article: Hertz Car Rental Files For Bankruptch Du...→

Hertz Files for Bankruptcy Protection as Car Rentals Evaporate in Pandemic

Hertz Files for Bankruptcy Protection as Car Rentals Evaporate in Pandemic

Hertz Global Holdings Inc, a car rental business more than a century old, filed for bankruptcy protection on Friday after its business all but vanished during [...] Read full article: Hertz Files for Bankruptcy Protection as...→

Car Rental Giant Hertz Expected To File For Bankruptcy: Report

Car Rental Giant Hertz Expected To File For Bankruptcy: Report

Hertz Global Holdings Inc. could seek Chapter 11 protection as early as Friday evening, according to the Wall Street Journal. Read full article: Car Rental Giant Hertz Expected To File ...→

Boston’s North End restaurants push for street closures in reopening from coronavirus lockdown

Boston’s North End restaurants push for street closures in reopening from coronavirus lockdown

North End restaurant owners say shutting down historic Hanover Street and expanding outdoor dining into roads and sidewalks could be the saving grace for their [...] Read full article: Boston’s North End restaurants push for ...→

Coronavirus: Amid new jail infections, South Bay activists push for more releases

Coronavirus: Amid new jail infections, South Bay activists push for more releases

Entire minimum-security jail camp in Milpitas is being screened for COVID-19 after two inmates test positive in consecutive days. Read full article: Coronavirus: Amid new jail infections, S...→

Push to build border wall accelerates in Texas despite coronavirus pandemic

Push to build border wall accelerates in Texas despite coronavirus pandemic

Since March, the government has filed 24 federal cases against South Texas landowners for the border wall, more than the previous eight months combined. Read full article: Push to build border wall accelerates in...→

Hertz handed out $16 million in retention bonuses after bankruptcy filing

Hertz handed out $16 million in retention bonuses after bankruptcy filing

Hertz Global Holdings said on Tuesday it has paid about $16.2 million in retention bonuses to a range of key executives at the director level and above Read full article: Hertz handed out $16 million in retentio...→

Latam Airlines seeks bankruptcy protection as travel slumps

Latam Airlines seeks bankruptcy protection as travel slumps

Latam Airlines, South America’s biggest carrier, sought U.S. bankruptcy protection Tuesday as it grapples with a sharp downturn in air travel sparked by the co [...] Read full article: Latam Airlines seeks bankruptcy protecti...→

Hertz, JCPenny, J Crew join list of businesses filing bankruptcy

Hertz, JCPenny, J Crew join list of businesses filing bankruptcy

In just two weeks, some of the best-known brands in America declared they were entering Chapter 11 Bankruptcy and closing outlets across the country. Read full article: Hertz, JCPenny, J Crew join list of busi...→

Hertz, car rental pioneer, files for bankruptcy protection

Hertz, car rental pioneer, files for bankruptcy protection

The coronavirus pandemic has devastated Hertz by grounding business travelers and tourists, making it impossible for the company to continue paying its lenders [...] Read full article: Hertz, car rental pioneer, files for ban...→

Hertz files for Chapter 11 bankruptcy due to pandemic reducing demand for rental cars

Hertz files for Chapter 11 bankruptcy due to pandemic reducing demand for rental cars

"We need to take further steps to weather a potentially prolonged recovery," said Hertz President and CEO Paul Stone in a statement Friday. Read full article: Hertz files for Chapter 11 bankruptcy du...→

Hertz filed for bankruptcy protection Friday, unable to withstand the coronaviru [...]

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 10 [...] Read full article: Hertz filed for bankruptcy protection Fr...→

Justice Department joins push against Illinois coronavirus restrictions

Justice Department joins push against Illinois coronavirus restrictions

DOJ suggested Gov. Pritzker has exceeded his authority with his stay at home orders, and also sent a warning letter to LA Mayor Eric Garcetti Read full article: Justice Department joins push against Il...→

Dems make big push to aid illegal immigrants amid coronavirus crisis

Dems make big push to aid illegal immigrants amid coronavirus crisis

Congressional Democrats and state governments are pushing a range of ways to assist illegal immigrants in their response to the coronavirus crisis, calling for [...] Read full article: Dems make big push to aid illegal immigr...→

Big chains filed for bankruptcy every week in May. Here are 6 of them

Big chains filed for bankruptcy every week in May. Here are 6 of them

Retailers had already been struggling, and now they’re bearing the brunt of coronavirus’ impact. But a large gym brand and a major car rental company have also [...] Read full article: Big chains filed for bankruptcy every we...→

E.U. and Japan Push Coronavirus Stimulus Packages: Live Coverage

E.U. and Japan Push Coronavirus Stimulus Packages: Live Coverage

France revoked the authorization for hydroxychloroquine as a treatment for Covid-19 patients. The rise of virus-tracking apps in China is stirring privacy fear [...] Read full article: E.U. and Japan Push Coronavirus Stimulus...→

Fears of Coronavirus Second Wave Prompt Flu Push at US Pharmacies, Drugmakers

Fears of Coronavirus Second Wave Prompt Flu Push at US Pharmacies, Drugmakers

U.S. pharmacy chains are preparing a big push for flu vaccinations when the season kicks off in October, hoping to curb tens of thousands of serious cases that [...] Read full article: Fears of Coronavirus Second Wave Prompt ...→

LATAM Airlines files for bankruptcy as coronavirus slams travel industry

LATAM Airlines files for bankruptcy as coronavirus slams travel industry

LATAM Airlines Group announced Tuesday that it filed for bankruptcy in the latest sign of how the coronavirus pandemic has roiled the travel industry. Read full article: LATAM Airlines files for bankruptcy as c...→

Hertz Unable To Withstand Coronavirus Pandemic, Files For Bankruptcy Protection

Hertz Unable To Withstand Coronavirus Pandemic, Files For Bankruptcy Protection

The Florida-based company's lenders were unwilling to grant it another extension on its auto lease debt payments past a Friday deadline, triggering the filing. Read full article: Hertz Unable To Withstand Coronavirus Pa...→

Hertz files for bankruptcy after rental-car demand vanishes

The Chapter 11 filing allows Hertz to keep operating while it devises a plan to pay its creditors and turn around the business. The action includes the company [...] Read full article: Hertz files for bankruptcy after rental-...→

Hertz Preparing to File for Bankruptcy as Soon as Friday Night: Report

Hertz Preparing to File for Bankruptcy as Soon as Friday Night: Report

Hertz Global Holdings Inc is preparing to file for bankruptcy as soon as Friday night after failing to reach a standstill agreement with its top lenders, the W [...] Read full article: Hertz Preparing to File for Bankruptcy a...→

NY lawmakers push to legalize pot, sports betting to fill coronavirus budget gaps

NY lawmakers push to legalize pot, sports betting to fill coronavirus budget gaps

State pols are making a fresh push to legalize pot and expand sports betting, saying tax income from the vices can help fill a gaping budget hole widened by th [...] Read full article: NY lawmakers push to legalize pot, sport...→

Coronavirus Saturday update: 30 more COVID-19 fatalities push death toll passed 1,000

Coronavirus Saturday update: 30 more COVID-19 fatalities push death toll passed 1,000

Minnesota’s COVID-19 death toll surpassed 1,000 people Saturday when the state Department of Health reported another 30 deaths related to the coronavirus. The [...] Read full article: Coronavirus Saturday update: 30 more COV...→

Big chains filed for bankruptcy every week in May. Here are 6 of them

Big chains filed for bankruptcy every week in May. Here are 6 of them

Retailers had already been struggling, and now they’re bearing the brunt of coronavirus’ impact. But a large gym brand and a major car rental company have also [...] Read full article: Big chains filed for bankruptcy every we...→

Coronavirus: Amid new jail infections, South Bay activists push for more releases

Coronavirus: Amid new jail infections, South Bay activists push for more releases

Entire minimum-security jail camp in Milpitas is being screened for COVID-19 after two inmates test positive in consecutive days. Read full article: Coronavirus: Amid new jail infections, S...→

E.U. and Japan Push Coronavirus Stimulus Packages: Live Coverage

E.U. and Japan Push Coronavirus Stimulus Packages: Live Coverage

France revoked the authorization for hydroxychloroquine as a treatment for Covid-19 patients. The rise of virus-tracking apps in China is stirring privacy fear [...] Read full article: E.U. and Japan Push Coronavirus Stimulus...→

Cuomo to meet with Trump on coronavirus, push infrastructure: ‘No better time to build than right now’

Cuomo to meet with Trump on coronavirus, push infrastructure: ‘No better time to build than right now’

New York Gov. Andrew Cuomo said he will travel to Washington D.C. for a meeting Wednesday with President Trump to discuss a number of topics amid coronavirus, [...] Read full article: Cuomo to meet with Trump on coronavirus,...→

LATAM Airlines files for bankruptcy as coronavirus slams travel industry

LATAM Airlines files for bankruptcy as coronavirus slams travel industry

LATAM Airlines Group announced Tuesday that it filed for bankruptcy in the latest sign of how the coronavirus pandemic has roiled the travel industry. Read full article: LATAM Airlines files for bankruptcy as c...→

Latam Airlines seeks bankruptcy protection as travel slumps

Latam Airlines seeks bankruptcy protection as travel slumps

Latam Airlines, South America’s biggest carrier, sought U.S. bankruptcy protection Tuesday as it grapples with a sharp downturn in air travel sparked by the co [...] Read full article: Latam Airlines seeks bankruptcy protecti...→

Hertz Unable To Withstand Coronavirus Pandemic, Files For Bankruptcy Protection

Hertz Unable To Withstand Coronavirus Pandemic, Files For Bankruptcy Protection

The Florida-based company's lenders were unwilling to grant it another extension on its auto lease debt payments past a Friday deadline, triggering the filing. Read full article: Hertz Unable To Withstand Coronavirus Pa...→

Hertz, car rental pioneer, files for bankruptcy protection

Hertz, car rental pioneer, files for bankruptcy protection

The coronavirus pandemic has devastated Hertz by grounding business travelers and tourists, making it impossible for the company to continue paying its lenders [...] Read full article: Hertz, car rental pioneer, files for ban...→

Hertz filed for bankruptcy protection Friday, unable to withstand the coronaviru [...]

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 10 [...] Read full article: Hertz filed for bankruptcy protection Fr...→

Hertz Files for Bankruptcy Protection as Car Rentals Evaporate in Pandemic

Hertz Files for Bankruptcy Protection as Car Rentals Evaporate in Pandemic

Hertz Global Holdings Inc, a car rental business more than a century old, filed for bankruptcy protection on Friday after its business all but vanished during [...] Read full article: Hertz Files for Bankruptcy Protection as...→

Hertz Preparing to File for Bankruptcy as Soon as Friday Night: Report

Hertz Preparing to File for Bankruptcy as Soon as Friday Night: Report

Hertz Global Holdings Inc is preparing to file for bankruptcy as soon as Friday night after failing to reach a standstill agreement with its top lenders, the W [...] Read full article: Hertz Preparing to File for Bankruptcy a...→

Dems make big push to aid illegal immigrants amid coronavirus crisis

Dems make big push to aid illegal immigrants amid coronavirus crisis

Congressional Democrats and state governments are pushing a range of ways to assist illegal immigrants in their response to the coronavirus crisis, calling for [...] Read full article: Dems make big push to aid illegal immigr...→

Boston’s North End restaurants push for street closures in reopening from coronavirus lockdown

Boston’s North End restaurants push for street closures in reopening from coronavirus lockdown

North End restaurant owners say shutting down historic Hanover Street and expanding outdoor dining into roads and sidewalks could be the saving grace for their [...] Read full article: Boston’s North End restaurants push for ...→

Coronavirus crisis crippling debt-heavy Serta Simmons

Coronavirus crisis crippling debt-heavy Serta Simmons

The nation’s biggest mattress maker is in danger of becoming a coronavirus casualty this summer — and it’s the company’s private-equity owners that have made i [...] Read full article: Coronavirus crisis crippling debt-heavy ...→

Push to build border wall accelerates in Texas despite coronavirus pandemic

Push to build border wall accelerates in Texas despite coronavirus pandemic

Since March, the government has filed 24 federal cases against South Texas landowners for the border wall, more than the previous eight months combined. Read full article: Push to build border wall accelerates in...→

Tuesday Morning files for Chapter 11 bankruptcy protection, citing coronavirus

Tuesday Morning files for Chapter 11 bankruptcy protection, citing coronavirus

Discount chain joins J.C. Penney, Neiman Marcus and other large retailers to collapse during the pandemic. Read full article: Tuesday Morning files for Chapter 11 ban...→

Fears of Coronavirus Second Wave Prompt Flu Push at US Pharmacies, Drugmakers

Fears of Coronavirus Second Wave Prompt Flu Push at US Pharmacies, Drugmakers

U.S. pharmacy chains are preparing a big push for flu vaccinations when the season kicks off in October, hoping to curb tens of thousands of serious cases that [...] Read full article: Fears of Coronavirus Second Wave Prompt ...→

Hertz handed out $16 million in retention bonuses after bankruptcy filing

Hertz handed out $16 million in retention bonuses after bankruptcy filing

Hertz Global Holdings said on Tuesday it has paid about $16.2 million in retention bonuses to a range of key executives at the director level and above Read full article: Hertz handed out $16 million in retentio...→

Latam Airlines, South America's largest carrier, seeks bankruptcy protection amid coronavirus pandemic

Latam Airlines, South America's largest carrier, seeks bankruptcy protection amid coronavirus pandemic

Latam Airlines sought U.S. bankruptcy protection Tuesday as it grapples with a sharp downturn in air travel sparked by the coronavirus pandemic. Read full article: Latam Airlines, South America's largest ...→

Hertz, JCPenny, J Crew join list of businesses filing bankruptcy

Hertz, JCPenny, J Crew join list of businesses filing bankruptcy

In just two weeks, some of the best-known brands in America declared they were entering Chapter 11 Bankruptcy and closing outlets across the country. Read full article: Hertz, JCPenny, J Crew join list of busi...→

Hertz files for Chapter 11 bankruptcy due to pandemic reducing demand for rental cars

Hertz files for Chapter 11 bankruptcy due to pandemic reducing demand for rental cars

"We need to take further steps to weather a potentially prolonged recovery," said Hertz President and CEO Paul Stone in a statement Friday. Read full article: Hertz files for Chapter 11 bankruptcy du...→

Hertz Car Rental Files For Bankruptch Due To Coronavirus Pandemic

Hertz Car Rental Files For Bankruptch Due To Coronavirus Pandemic

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 10 [...] Read full article: Hertz Car Rental Files For Bankruptch Du...→

Hertz files for bankruptcy after rental-car demand vanishes

The Chapter 11 filing allows Hertz to keep operating while it devises a plan to pay its creditors and turn around the business. The action includes the company [...] Read full article: Hertz files for bankruptcy after rental-...→

Justice Department joins push against Illinois coronavirus restrictions

Justice Department joins push against Illinois coronavirus restrictions

DOJ suggested Gov. Pritzker has exceeded his authority with his stay at home orders, and also sent a warning letter to LA Mayor Eric Garcetti Read full article: Justice Department joins push against Il...→

Car Rental Giant Hertz Expected To File For Bankruptcy: Report

Car Rental Giant Hertz Expected To File For Bankruptcy: Report

Hertz Global Holdings Inc. could seek Chapter 11 protection as early as Friday evening, according to the Wall Street Journal. Read full article: Car Rental Giant Hertz Expected To File ...→

NY lawmakers push to legalize pot, sports betting to fill coronavirus budget gaps

NY lawmakers push to legalize pot, sports betting to fill coronavirus budget gaps

State pols are making a fresh push to legalize pot and expand sports betting, saying tax income from the vices can help fill a gaping budget hole widened by th [...] Read full article: NY lawmakers push to legalize pot, sport...→

Coronavirus Saturday update: 30 more COVID-19 fatalities push death toll passed 1,000

Coronavirus Saturday update: 30 more COVID-19 fatalities push death toll passed 1,000

Minnesota’s COVID-19 death toll surpassed 1,000 people Saturday when the state Department of Health reported another 30 deaths related to the coronavirus. The [...] Read full article: Coronavirus Saturday update: 30 more COV...→

Boston’s North End restaurants push for street closures in reopening from coronavirus lockdown

Boston’s North End restaurants push for street closures in reopening from coronavirus lockdown

North End restaurant owners say shutting down historic Hanover Street and expanding outdoor dining into roads and sidewalks could be the saving grace for their [...] Read full article: Boston’s North End restaurants push for ...→

Big chains filed for bankruptcy every week in May. Here are 6 of them

Big chains filed for bankruptcy every week in May. Here are 6 of them

Retailers had already been struggling, and now they’re bearing the brunt of coronavirus’ impact. But a large gym brand and a major car rental company have also [...] Read full article: Big chains filed for bankruptcy every we...→

Coronavirus crisis crippling debt-heavy Serta Simmons

Coronavirus crisis crippling debt-heavy Serta Simmons

The nation’s biggest mattress maker is in danger of becoming a coronavirus casualty this summer — and it’s the company’s private-equity owners that have made i [...] Read full article: Coronavirus crisis crippling debt-heavy ...→

Coronavirus: Amid new jail infections, South Bay activists push for more releases

Coronavirus: Amid new jail infections, South Bay activists push for more releases

Entire minimum-security jail camp in Milpitas is being screened for COVID-19 after two inmates test positive in consecutive days. Read full article: Coronavirus: Amid new jail infections, S...→

Push to build border wall accelerates in Texas despite coronavirus pandemic

Push to build border wall accelerates in Texas despite coronavirus pandemic

Since March, the government has filed 24 federal cases against South Texas landowners for the border wall, more than the previous eight months combined. Read full article: Push to build border wall accelerates in...→

E.U. and Japan Push Coronavirus Stimulus Packages: Live Coverage

E.U. and Japan Push Coronavirus Stimulus Packages: Live Coverage

France revoked the authorization for hydroxychloroquine as a treatment for Covid-19 patients. The rise of virus-tracking apps in China is stirring privacy fear [...] Read full article: E.U. and Japan Push Coronavirus Stimulus...→

Tuesday Morning files for Chapter 11 bankruptcy protection, citing coronavirus

Tuesday Morning files for Chapter 11 bankruptcy protection, citing coronavirus

Discount chain joins J.C. Penney, Neiman Marcus and other large retailers to collapse during the pandemic. Read full article: Tuesday Morning files for Chapter 11 ban...→

Fears of Coronavirus Second Wave Prompt Flu Push at US Pharmacies, Drugmakers

Fears of Coronavirus Second Wave Prompt Flu Push at US Pharmacies, Drugmakers

U.S. pharmacy chains are preparing a big push for flu vaccinations when the season kicks off in October, hoping to curb tens of thousands of serious cases that [...] Read full article: Fears of Coronavirus Second Wave Prompt ...→

Cuomo to meet with Trump on coronavirus, push infrastructure: ‘No better time to build than right now’

Cuomo to meet with Trump on coronavirus, push infrastructure: ‘No better time to build than right now’

New York Gov. Andrew Cuomo said he will travel to Washington D.C. for a meeting Wednesday with President Trump to discuss a number of topics amid coronavirus, [...] Read full article: Cuomo to meet with Trump on coronavirus,...→

Hertz handed out $16 million in retention bonuses after bankruptcy filing

Hertz handed out $16 million in retention bonuses after bankruptcy filing

Hertz Global Holdings said on Tuesday it has paid about $16.2 million in retention bonuses to a range of key executives at the director level and above Read full article: Hertz handed out $16 million in retentio...→

LATAM Airlines files for bankruptcy as coronavirus slams travel industry

LATAM Airlines files for bankruptcy as coronavirus slams travel industry

LATAM Airlines Group announced Tuesday that it filed for bankruptcy in the latest sign of how the coronavirus pandemic has roiled the travel industry. Read full article: LATAM Airlines files for bankruptcy as c...→

Latam Airlines, South America's largest carrier, seeks bankruptcy protection amid coronavirus pandemic

Latam Airlines, South America's largest carrier, seeks bankruptcy protection amid coronavirus pandemic

Latam Airlines sought U.S. bankruptcy protection Tuesday as it grapples with a sharp downturn in air travel sparked by the coronavirus pandemic. Read full article: Latam Airlines, South America's largest ...→

Latam Airlines seeks bankruptcy protection as travel slumps

Latam Airlines seeks bankruptcy protection as travel slumps

Latam Airlines, South America’s biggest carrier, sought U.S. bankruptcy protection Tuesday as it grapples with a sharp downturn in air travel sparked by the co [...] Read full article: Latam Airlines seeks bankruptcy protecti...→

Hertz, JCPenny, J Crew join list of businesses filing bankruptcy

Hertz, JCPenny, J Crew join list of businesses filing bankruptcy

In just two weeks, some of the best-known brands in America declared they were entering Chapter 11 Bankruptcy and closing outlets across the country. Read full article: Hertz, JCPenny, J Crew join list of busi...→

Hertz Unable To Withstand Coronavirus Pandemic, Files For Bankruptcy Protection

Hertz Unable To Withstand Coronavirus Pandemic, Files For Bankruptcy Protection

The Florida-based company's lenders were unwilling to grant it another extension on its auto lease debt payments past a Friday deadline, triggering the filing. Read full article: Hertz Unable To Withstand Coronavirus Pa...→

Hertz, car rental pioneer, files for bankruptcy protection

Hertz, car rental pioneer, files for bankruptcy protection

The coronavirus pandemic has devastated Hertz by grounding business travelers and tourists, making it impossible for the company to continue paying its lenders [...] Read full article: Hertz, car rental pioneer, files for ban...→

Hertz files for Chapter 11 bankruptcy due to pandemic reducing demand for rental cars

Hertz files for Chapter 11 bankruptcy due to pandemic reducing demand for rental cars

"We need to take further steps to weather a potentially prolonged recovery," said Hertz President and CEO Paul Stone in a statement Friday. Read full article: Hertz files for Chapter 11 bankruptcy du...→

Hertz Car Rental Files For Bankruptch Due To Coronavirus Pandemic

Hertz Car Rental Files For Bankruptch Due To Coronavirus Pandemic

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 10 [...] Read full article: Hertz Car Rental Files For Bankruptch Du...→

Hertz filed for bankruptcy protection Friday, unable to withstand the coronaviru [...]

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 10 [...] Read full article: Hertz filed for bankruptcy protection Fr...→

Hertz files for bankruptcy after rental-car demand vanishes

The Chapter 11 filing allows Hertz to keep operating while it devises a plan to pay its creditors and turn around the business. The action includes the company [...] Read full article: Hertz files for bankruptcy after rental-...→

Hertz Files for Bankruptcy Protection as Car Rentals Evaporate in Pandemic

Hertz Files for Bankruptcy Protection as Car Rentals Evaporate in Pandemic

Hertz Global Holdings Inc, a car rental business more than a century old, filed for bankruptcy protection on Friday after its business all but vanished during [...] Read full article: Hertz Files for Bankruptcy Protection as...→

Justice Department joins push against Illinois coronavirus restrictions

Justice Department joins push against Illinois coronavirus restrictions

DOJ suggested Gov. Pritzker has exceeded his authority with his stay at home orders, and also sent a warning letter to LA Mayor Eric Garcetti Read full article: Justice Department joins push against Il...→

Hertz Preparing to File for Bankruptcy as Soon as Friday Night: Report

Hertz Preparing to File for Bankruptcy as Soon as Friday Night: Report

Hertz Global Holdings Inc is preparing to file for bankruptcy as soon as Friday night after failing to reach a standstill agreement with its top lenders, the W [...] Read full article: Hertz Preparing to File for Bankruptcy a...→

Car Rental Giant Hertz Expected To File For Bankruptcy: Report

Car Rental Giant Hertz Expected To File For Bankruptcy: Report

Hertz Global Holdings Inc. could seek Chapter 11 protection as early as Friday evening, according to the Wall Street Journal. Read full article: Car Rental Giant Hertz Expected To File ...→

Dems make big push to aid illegal immigrants amid coronavirus crisis

Dems make big push to aid illegal immigrants amid coronavirus crisis

Congressional Democrats and state governments are pushing a range of ways to assist illegal immigrants in their response to the coronavirus crisis, calling for [...] Read full article: Dems make big push to aid illegal immigr...→

NY lawmakers push to legalize pot, sports betting to fill coronavirus budget gaps

NY lawmakers push to legalize pot, sports betting to fill coronavirus budget gaps

State pols are making a fresh push to legalize pot and expand sports betting, saying tax income from the vices can help fill a gaping budget hole widened by th [...] Read full article: NY lawmakers push to legalize pot, sport...→