Hertz filed for Chapter 11 bankruptcy in 2020 and, as part of its plan of reorganization (the “Plan”) that was confirmed in 2021, Hertz promised to “leave all of [its] creditors unimpaired ...

You can't forget about Hertz going "all-in" on electric vehicles, which nobody wanted to rent, resulting in massive losses ...

Former Hertz chief executive Stephen Scherr, who bet big on EVs after leading the company out of bankruptcy, resigned in March over the failed push. Hertz had previously boasted its Tesla investment ...

JPMorgan's report also pointed to that Hertz’s high financial leverage and the potential for litigation costs stemming from its previous bankruptcy, which had not been factored into earlier ...

Hertz reported a wider than expected loss for the third quarter. The Estero-based rental car company lost $208 million, or 68 cents a share. The company took a hit from one-time charges of $1 ...

The Syracuse Regional Airport Authority opened an investigation after receiving multiple complaints. They confirmed employees walked of the job at 7:13 at night, which is well before the counter is ...

Nov 12 (Reuters) - Rental car firm Hertz Global (HTZ.O), opens new tab reported a wider-than-expected third-quarter loss and missed revenue estimates on Tuesday, hurt by high depreciation charges ...

You can't forget about Hertz going "all-in" on electric vehicles, which nobody wanted to rent, resulting in massive losses and a bankruptcy filing. Now we have this case. Try to wrap your brain ...