Post New Article

Hertz files for bankruptcy

Original Article

Posted By: Pluperfect, 5/23/2020 4:52:09 AM

New York- Hertz filed for bankruptcy Friday night, the latest victim of the sudden economic downturn sparked by the Covid-19 pandemic. The company has been renting cars since 1918, when it set up shop with a dozen Ford Model Ts, and has survived the Great Depression, the virtual halt of US auto production during World War II and numerous oil price shocks. By declaring bankruptcy, Hertz says it intends to stay in business while restructuring its debts and emerging a financially healthier company. "The impact of Covid-19 on travel demand was sudden and dramatic, causing an abrupt decline in the company's revenue and future bookings," said the company's statement.

Post Reply

Reply 1 - Posted by: ROLFNader 5/23/2020 6:40:57 AM (No. 419419)
C'mon CNNannies , you don't suppose Uber or Lyft has had an impact on this prior to your sacred virus?
5 people like this.

Reply 2 - Posted by: StormCnter 5/23/2020 7:14:58 AM (No. 419450)
I quit Hertz many years ago when they continued to use O.J. Simpson in their ads after he pleaded guilty to beating up his wife, Nicole.
4 people like this.

Reply 3 - Posted by: Philipsonh 5/23/2020 7:30:35 AM (No. 419464)
'Restructuring it's debts' means not paying all its debts.
9 people like this.

Reply 4 - Posted by: LadyHen 5/23/2020 8:19:19 AM (No. 419514)
We as a family and dh as a business traveller never used Hertz. Many times they were twice the price with no extra benefit. This has been the case for decades. I am guessing they had corporate accounts that kept them afloat and the almost complete halt of business travel from COvid was the last nail in the coffin. Makes you wonder since the only place I ever saw CNN on was airports, why aren't they filling for bankruptcy?
5 people like this.

Reply 5 - Posted by: dirtyjersey 5/23/2020 8:51:11 AM (No. 419559)
Perhaps the video kiosks, complete with old fashioned payphone handsets, weren’t the best idea in a pandemic. I know they weren’t the best before it.
1 person likes this.

Reply 6 - Posted by: mc squared 5/23/2020 8:58:03 AM (No. 419569)
Like them or not, there are employees' livelihoods at stake here. I can't think of a better way to destroy our country's economy than a lengthy lock down.
4 people like this.

Reply 7 - Posted by: earlybird 5/23/2020 9:27:48 AM (No. 419611)
Another slow-dying business finally gives up and blames it on COVID-19. Hertz was the least favorite rental for business travelers in the 1970s!!!
2 people like this.

Reply 8 - Posted by: DVC 5/23/2020 2:13:44 PM (No. 419872)
I almost never rent from Hertz, always WAY more expensive than two or three other companies, here or in Europe. Somehow their business model requires high prices, and still doesn't work. Not much sympathy here from a car renter. I often look, and never rent from Hertz.
1 person likes this.

Below, you will find ...
Most Recent Articles posted by "Pluperfect"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by Pluperfect"
Gropey Joe Thinks He’s an Expert
On What Minorities Should Think
3 replies
Posted by Pluperfect 5/25/2020 5:00:32 AM Post Reply
Old Grandpa Badfinger is the go-to source for many things: how to raise an awesome achiever kid like his snortunate son Hoover, how to not awkwardly molest women in Senate corridors, and how to not be manifestly senile. But, as my unicorn Chet recently observed, his greatest contribution may be as the mentor to black America. Recently, in an interview with someone called “Charlemagne tha God,” the sinewy old weirdo opined that “If you have a problem figuring out whether you're for me or Trump, then you ain't black.” The guy who is now assuming the mantle of arbiter of defining “What is black?” is the same guy
Let’s remind ourselves who
we memorialize, and why
0 replies
Posted by Pluperfect 5/25/2020 4:57:55 AM Post Reply
One somber way to think of Memorial Day is to count the number of those who have died in service of this great, good country. Official totals say that figure is at least 1,354,664. The number causes a lump in the throat and a very large twinge in the heart. Still, numbers are rather antiseptic. They hide the individuals, cannot account for the pain and suffering, and pay no homage in themselves to the causes for which those individuals died. The numbers are sobering but not inspirational. Each one of those individuals had a story. Each one had family, friends, colleagues. All of them wore their nation’s uniforms, experienced fear, suffered hardships.
Peyton Manning And Tiger Woods
Beat Phil Mickelson And Tom Brady
In Coronavirus Charity Golf Match
9 replies
Posted by Pluperfect 5/25/2020 4:52:42 AM Post Reply
Peyton Manning and Tiger Woods defeated Phil Mickelson and Tom Brady in their Sunday charity golf match. According to Adam Schefter, a total of $20 million was raised to help aid in the fight against coronavirus because of the match, which ended with Manning/Woods winning by a stroke. All the way around, it was a hell of a cool event. We got to watch four legendary athletes play golf, we got to hear some chirping, watch some sports and it was all for a good cause. In our time of desperation, these for men showed up and showed out in a big way for fans around the world.
U.S. Colleges Have Accepted $6 Billion
in Undisclosed Donations from Foreign
Governments, DOE Probe Finds
16 replies
Posted by Pluperfect 5/25/2020 4:46:51 AM Post Reply
The Department of Education has discovered at least $6 billion in unreported donations to American universities from adversarial foreign nations, Townhall reported on Friday. The DoE revealed its updates in a May 19 letter to Congress and a subsequent briefing to several ranking House Republicans who are conducting an investigation into the foreign funding of U.S. educational institutions. The investigation was spurred by increasing reports of Chinese funding at U.S. educational institutions, including the prevalence of Confucius institutes on U.S. campuses. Confucius institutes are Chinese-government funded centers which ostensibly promote Chinese language and culture, but which U.S. agencies have warned spread propaganda for China’s government.
Don't Buy the Misleading Figures.
Here's the Real Story About How the
U.S. Matches Up on Coronavirus Deaths
5 replies
Posted by Pluperfect 5/25/2020 4:40:13 AM Post Reply
The sheer ease with which the American left has politicized the deaths of thousands of Americans has shocked even me. The United States is approaching 100,000 deaths and the left seems determined to make sure the public blames President Donald Trump for those deaths. As PJM’s Tyler O’Neil noted, the Democratic Coalition is trying to make “Trump Death Toll” a thing. While Tyler effectively demonstrated the absurdity of blaming these deaths on Trump, I’m going to show that despite the headlines that suggest things in the United States are the worst in the world, that is emphatically not the case. First, let’s take a look at the total
Obama should apologize to Trump 15 replies
Posted by Pluperfect 5/25/2020 4:20:30 AM Post Reply
Anyone who has children understands the importance of teaching them to say ‘sorry’ when they’ve done wrong. Apologizing for causing harm to others teaches our young to be empathetic. Being able to say sorry helps knit the fabric of society together. Otherwise, our social contract would devolve into petty squabbles and endless lawsuits. Alas, in the last few decades, as America has become more and more engaged in a cold civic war, we appear to have lost the ability to be contrite, especially in politics. We now know unequivocally that there was no substantial basis for the investigation of Donald Trump, his campaign, and those associated with him for Russian collusion.
NYC's Vietnam veterans – Trump gift
made this memorial to the fallen possible
2 replies
Posted by Pluperfect 5/25/2020 4:18:02 AM Post Reply
By its very nature, Memorial Day is a time for nostalgia – a sentimental longing for the members of our military who died too young and too soon. What could they have done with their lives had they lived decades longer? Could some have changed history with new inventions, or new discoveries in science and medicine? Undoubtedly some would have become great teachers, elected officials, doctors, business leaders, and filled hundreds of other professions and trades. And no doubt many would have become parents, bringing children into the world who could have accomplished great things as well.
Michael Jordan or LeBron James?
Magic Johnson helps settle the debate
15 replies
Posted by Pluperfect 5/25/2020 4:10:45 AM Post Reply
“The Last Dance,” the ESPN documentary about Michael Jordan and the Chicago Bulls, gave a new spark to the debate over who’s the greatest basketball player of all time. Most fans have said it would come down to two players: Jordan and LeBron James. Los Angeles Lakers legend Magic Johnson, appearing on SportsCenter, weighed in on the debate. Johnson offered high praise for James saying he’s probably the best all-around basketball player ever, but he said he still would put Jordan in the number one spot. “First of all, let’s not take anything away from LeBron James,” Johnson said, “because LeBron James is a great basketball player,
Why Joe Biden can do no wrong 14 replies
Posted by Pluperfect 5/24/2020 5:07:41 AM Post Reply
One columnist declared that former Vice President Joe Biden could boil babies and she would still vote for him. Feminist leaders have said they believe Biden raped a Senate staffer but they still endorse him. Good government advocates have opposed any investigation into prior sexual harassment or corruption claims against Biden. It seems politicians and pundits alike have discovered the glory of the “presidential bull.” In this instance, Biden is akin to a papal indulgence that allows writers, members of Congress and journalists to forgive any sin in a holy crusade to retake Washington. In the 11th century, Pope Urban II formalized
Black Americans are in an abusive
relationship with the Democratic party
10 replies
Posted by Pluperfect 5/24/2020 5:04:32 AM Post Reply
I am very tired of Joe Biden. My vote for him was already hanging by a thread before his disastrous interview with Charlamagne tha God on Friday. Interrupting the Breakfast Club host’s explanation that black people needed assurances that our communities will benefit from his presidency, Biden asserted: “If you’ve got a problem figuring out whether you’re for me or for Trump, then you ain’t black.” Again, I am very tired of Joe Biden. Not because I am a purist, or have inflexible ideological commitments of what it will take to remove Donald Trump from office. But rather because Biden’s condescension towards black communities is intolerable.
Sen. Whitehouse Insults a Judge
About To Hear Flynn’s Appeal
9 replies
Posted by Pluperfect 5/24/2020 5:00:25 AM Post Reply
How long, we wonder, until the Senate Judiciary Committee or the Chief Justice of the United States — or someone — upbraids Senator Sheldon Whitehouse? The Wall Street Journal has been all over the senator’s bullying (he threatened the Supreme Court with restructuring if it didn’t rule the way he wanted in a gun rights case). His personal attack on a federal appeals judge as she’s about to decide an important matter, though, cries out for more than newspaper editorials. The judge is Neomi Rao. She rides the District of Columbia Circuit of the United States Court of Appeals. She is one of three judges on the panel
The Week in Pictures:
Unlicensed Freedom Edition
6 replies
Posted by Pluperfect 5/24/2020 4:55:22 AM Post Reply
You can almost feel it: more and more Americans are saying “nuts!” to the shutdown, and the politicians are starting to “adjust” their reopening schedules, supposedly linked to “new information,” but the relevant new information is that civil disobedience is spreading. Meanwhile: Slow Joe keeps handing out gifts seven months before Christmas.
Most Active Articles (last 48 hours)
Chris Wallace is thoroughly disgusted by WH
press secretary Kayleigh McEnany’s behavior
63 replies
Posted by Imright 5/24/2020 4:03:03 PM Post Reply
Chris Wallace, host of “Fox News Sunday,” continued on his path to becoming just another Left-wing hack over Memorial Day weekend, blasting White House Press Secretary Kayleigh McEnany while giving voice to Trump haters so they could pile on.Wallace began a segment by playing a clip of McEnany’s Friday press briefing at the White House in which she was asked about President Donald Trump’s promise to “override” governors who refused to allow churches in their state to reopen under the phony guise of ‘protecting’ people from coronavirus.Specifically, McEnany was asked what authority in federal law the president had in making the threat.
Jonah Goldberg: Kayleigh McEnany’s Work
as Press Secretary ‘Indefensible and
Grotesque,’ ‘a Twitter troll’
50 replies
Posted by WhamDBambam 5/25/2020 8:51:07 AM Post Reply

Conservative syndicated columnist Jonah Goldberg slammed Kayleigh McEnany for her role as White House press secretary, calling her “grotesque” on this week’s broadcast of “Fox News Sunday.” After playing a clip of McEnany sparring with reporters, host Chris Wallace said, “Unmasking is pretty routine. It’s an effort by people in an administration to find out who a masked person is. It happens in the Trump White House. It happened I think 16,000 times the year before last. What’s a crime is leaking it, but unmasking isn’t. In addition to which, I have to say that if Kayleigh McEnany had told Sam Donaldson and me what questions we should ask, that would not have gone well.”

Harvard Prof. Blames Christianity’s ‘Malignant’
Belief in Afterlife for Lockdown Protests
43 replies
Posted by Zarin 5/24/2020 12:39:38 PM Post Reply
Harvard psychology professor Steven Pinker said Thursday that the push for reopening society from lockdowns comes from Christianity’s “malignant delusion” of belief in an afterlife. Atheists who believe in this life alone are more concerned with health and safety, Professor Pinker suggested in a Tweet, while Christians tend to devalue “actual lives” and live a riskier existence. Belief in an afterlife is a malignant delusion, since it devalues actual lives and discourages action that would make them longer, safer, and happier. Exhibit A: What’s really behind Republicans wanting a swift reopening? Evangelicals. https://t.co/ppo2bwiVGn — Steven Pinker (@sapinker) May 21, 2020
Despite Trump opposition, it's 'difficult to
tell' if country may need to close again: Birx
36 replies
Posted by NorthernDog 5/24/2020 1:48:13 PM Post Reply
As Americans continue to emerge from quarantines and stay-at-home orders amid the coronavirus pandemic, President Donald Trump declared this week that "we are not closing our country” if the United States is hit by a second wave of infections. But in an interview on ABC's "This Week" Sunday, one of the leaders of the government's response to the virus, said it is "difficult to tell" whether such a step may be necessary. "We're trying to understand during this period of coming out of the closure: How do we maintain openness and safety? And I think that's what we're going to
New York Times on Memorial Day Weekend:
Why Does the U.S. Military Celebrate White
Supremacy?’
35 replies
Posted by Imright 5/25/2020 12:02:01 AM Post Reply
The New York Times published an editorial on the first day of Memorial Day weekend asking: “Why Does the U.S. Military Celebrate White Supremacy?”The article‘s byline is the entire editorial board, and it is accompanied by an image of a bullet shaped like a Ku Klux Klan robe.The central complaint of the article is that there are U.S. military bases named after Confederate Army officers: This same toxic legacy clings to the 10 United States military installations across the South that were named for Confederate Army officers during the first half of the 20th century. Apologists often describe the names as a necessary gesture of reconciliation
New York City will turn into shell of
former self after coronavirus crisis
28 replies
Posted by NorthernDog 5/24/2020 7:36:17 PM Post Reply
Imagine New York City five years from now with streets full of abandoned storefronts, closed eateries, and empty buildings. The cumulative effects of the coronavirus may be more overwhelming than the other challenges New York City has had to face during the past two generations, including the aftermath of 9/ 11. It is likely that the pandemic will simply accelerate the trend in the sharp decline of its population and livelihoods. New York City was already losing population before the outbreak due to economic factors and quality of life issues. Around 40,000 residents left between 2017 and 2018 alone. The
Mayor Tells Trump Not to Come to
Baltimore for Memorial Day; GOP
MD Gov to Snub President’s Visit
to Fort McHenry
28 replies
Posted by Imright 5/24/2020 1:05:07 PM Post Reply
Baltimore Mayor Jack Young (Democrat) told President Trump and First Lady Melania Trump not to come to Baltimore Monday for a Memorial Day visit to Fort McHenry, calling the trip “non-essential travel” to a city still under stay at home orders due to the COVID-19 Chinese coronavirus. (Photo) Republican Governor Larry Hogan said Trump is welcome to visit, but that he will be spending the day with his family celebrating his 64th birthday, according to spokesman Mike Ricci.“We are honored that the president and the first lady have chosen to spend Memorial Day at Fort McHenry.
Chicago Mayor Launches Police Raid to
Shut Down Black Church’s Sunday Services
27 replies
Posted by Imright 5/25/2020 12:18:40 AM Post Reply
On Sunday, Chicago’s first openly gay mayor, Lori Lightfoot, mounted a raid on a black South Side church for holding services in defiance of her coronavirus lockdown orders.Lightfoot reportedly sent three marked squad cars and two unmarked cars full of officers to the Chicago Cornerstone Baptist Church in the South Side’s Woodlawn neighborhood. Woodlawn is just south of Hyde Park, the area in which the Obamas lived for a short time before Barack became president.(Tweet) The pastor of the mostly black congregation, Courtney Lewis, reportedly shut and locked the doors and refused to allow the officers to gain entry to the building,
CDC warns rats becoming 'aggressive' in
search for food during pandemic restaurant
closures
26 replies
Posted by Imright 5/24/2020 6:07:20 PM Post Reply
Starving rats growing increasingly "aggressive" are starting to become a problem as the coronavirus pandemic continues.The Centers for Disease Control and Prevention warned last week that restaurant closures and restrictions intended to combat the spread of the COVID-19 virus have left trash bins less full than usual, cutting into a major food source for rodents. In a battle over slim pickings, some have become more aggressive, leading to reports of rat cannibalism and rodent armies on city streets.“Some jurisdictions have reported an increase in rodent activity as rodents search for new sources of food,” the CDC said.
Biden: ‘No Evidence Whatsoever’
of Fraud in Mail-in Voting
25 replies
Posted by Imright 5/25/2020 6:48:27 AM Post Reply
Sunday on WISN’s “Up Front,” presumptive Democratic presidential nominee Joe Biden said there was “no evidence whatsoever” that mail-in voting is fraud-ridden.WISN’s Matt Smith asked, “President Trump tweeted today. He went after a number of states that are beginning to send out absentee ballot applications. Wisconsin is considering doing the same ahead of the November election. Is there concern this could lead to more fraud? This push to vote early?”Biden said, “I will tell you what, you mean Trump fraud? Look, he’s sitting in the White House filling out absentee ballots to vote in a primary in Florida. Now, why is it not fraud when he does it,
It's that time: Millions of
cicadas emerging from 17-year
cycle to scream, mate, die
25 replies
Posted by Ida Lou Pino 5/24/2020 1:06:25 PM Post Reply
Residents of the American south are bracing for the emergence of a new brood of 17-year cicadas, the exceedingly noisy insects that fill the summer air with their loud mating calls nearly every two decades. Southerners may soon be treated to "a cacophonous whining like a field of out-of-tune car radios," Virginia Tech announced this week. The bugs live in underground burrows, slowly maturing over their 17-year life cycle, before emerging for about a month to mate, after which they quickly die. The relatively brief adult life of the cicadas is nevertheless notable from the outsized noise levels they generate over the course of about four weeks.
NY Times on Memorial Day Weekend: US Military celebrates white supremacism 23 replies
Posted by MSUDoc 5/24/2020 5:41:30 PM Post Reply
As Americans reeling from coronavirus stay-at-home orders struggle to celebrate the nation's heroes on Memorial Day, The New York Times published an editorial over the weekend that claims the U.S. military celebrates white supremacy. On Sunday, The New York Times Editorial Board published the piece titled “Why Does the U.S. Military Celebrate White Supremacy?” The editorial made the argument that it’s time to rename military bases after “American heroes, not racist traitors.”
Post New Article