8 monthes ago | By Bloomberg
Hertz Global Holdings Inc. filed for bankruptcy in Delaware after sweeping travel restrictions and the global economic collapse destroyed demand for its rental cars.
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8 monthes ago | By Boston Herald
Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company's business.
The Estero, 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 in U.S. Bankruptcy Court in Delaware.
By the end of March, Hertz Global Holdings Inc. had racked up $18.7 billion in debt with only $1 billion of available cash.
Starting in mid-March, the company - whose car-rental bands also...
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8 monthes ago | By WLWT
Rental car company Hertz has filed for bankruptcy protection. It's another blow to business amid the pandemic.
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8 monthes ago | By NY Times
The company, which had amassed a large debt, has been devastated by the sharp drop in travel during the pandemic.
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8 monthes ago | By Reuters
The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business all but vanished during the coronavirus pandemic and talks with creditors failed to result in needed relief.
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Longtime talk show host Larry King has died in Los Angeles. He was 87. Read more ...
Friday night's drawing came two days after a ticket sold in Maryland matched all six numbers drawn and won a $731.1 million Powerball jackpot. Read more ...
SPRINGFIELD -- The Illinois Department of Public Health on Saturday reported 5,152 new confirmed and probable cases of COVID-19 in the state, including 97 additional... Read more ...
Friday's Mega Millions drawing produced a $2 million prize for someone who bought a ticket at a convenience store in Brunswick County. Read more ...
Go ahead, Jets fans. Dream big - Deshaun Watson big. The disgruntled Pro Bowl quarterback reportedly has the Jets atop his wish list followed by the rival Dolphins, according... Read more ...
The Mega Millions jackpot is estimated to be worth a staggering $1 billion . Read more ...
Larry King, the longtime radio host who went on to become a nightly fixture on CNN, died Saturday at age 87. Read more ...
Two of the top three picks in the 2016 NHL draft traded places Saturday following a blockbuster deal between Columbus and Winnipeg. The Blue Jackets sent disgruntled center... Read more ...
DETROIT - Someone in Michigan bought the winning ticket for the $1.05 billion Mega Millions jackpot, which is the third-largest lottery prize in U.S. history. The winning... Read more ...