Tag: Hertz Global Holdings Inc

The Reopening, in 5 Charts

Want this in your inbox each morning? Sign up here. America is getting back to business As more states ease lockdown orders, Americans are starting to eat out, book flights and buy houses again. The return of these activities, mirrored in other countries, is stoking optimism in the markets. People are moving again, as measured […]

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Hertz, Car Rental Pioneer, Files for Bankruptcy Protection

Hertz, which started with a fleet of a dozen Ford Model T’s a century ago and became one of the world’s largest car rental companies, filed for bankruptcy protection on Friday after falling victim to its mountain of debt. The coronavirus pandemic has devastated Hertz by grounding business travelers and tourists, making it impossible for […]

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