The coronavirus has taken a toll on a number of big businesses, including one rental car company. Hertz had to file for bankruptcy following a dramatic drop in rentals during the pandemic. The company ...

Hertz Global’s US$24bn restructuring had it all: an unexpected collapse from a once-in-a-lifetime pandemic; distressed debt investors with the vision to recognise a once-in-a-career investment; ...

As industry experts predicted might happen, late on Friday afternoon Hertz Global Holdings announced it and certain of its U.S. and Canadian subsidiaries have filed voluntary petitions for ...

Hertz has been in business for over 100 years. In May, the car-rental company filed for reorganization under Chapter 11 in bankruptcy court in Delaware. On Monday, Hertz announced in a press release ...

Hertz stock beats Q4 revenue estimates, narrows losses, and guides to faster growth—but debt and negative free cash flow ...