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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 that revenues were down 70% as it reported its second-quarter financial results."In the second quarter, like so many companies whose revenues have sharply declined due to the pandemic's significant impact on global travel, we had to make difficult but necessary decisions to strengthen and position the company for growth for many years to come," said Paul Stone, President and Chief Executive Officer of Hertz Global in the news release. "The toughest decisions have been those that impact the livelihood of our dedicated workforce and our voluntarily reorganizing under Chapter 11 in North America. We are moving through our reorganization process and remain focused on emerging an even stronger global rental car leader better positioned to serve our customers around the world."The parent company, Hertz Global Holdings, recorded revenue of 2 million, but with a net loss of 7 million.And with air travel impacted by COVID-19, the company said airport car rentals were down 82%.In the news release, the company said they saw a strong rebound in its used-car market in May and June, and they were able to "sell cars aggressively as we right-size the fleet to align with market realities.""We continue to make disciplined adjustments to our cost structure based on revenue fluctuations and expect to generate about .5 billion in annualized savings," said Stone in the release. "Our priority is fleet management. The continued strong used-car market allows us to continue to sell cars aggressively as we right-size the fleet to align with market realities. Across the business, our team is laser-focused on capturing revenue, driving efficiency, and advancing critical technology. In the U.S., we continue to capitalize on rental opportunities off-airport, while ensuring customer service levels remain best-in-class. Internationally, our fleet is trending toward demand levels. And our Donlen leasing business remains stable. Finally, continuing to keep our teams and our customers safe in this unpredictable environment is of utmost importance to everyone at Hertz." 2282
Hostess issued a voluntary recall of its Cookies ‘n Crème Brownies on Aug. 3 due to a labeling error.The “contains” statement on the brownies does not list “egg” as an allergen. Although the ingredient list on the packaging includes “egg”, the “contains” statement, which is intended to alert consumers of allergens in the products, does not include “egg”. Hostess said in a press release it was recalling the product out of "an abundance of caution."The following products are affected by the recall:No reports of injury or illness have been reported."Only those consumers who have an allergy or severe sensitivity to egg are potentially at risk of an allergic reaction if they consume these products," the press release said. "Anyone who has purchased an affected product and who has a sensitivity or allergy to eggs is encouraged to discard the affected product or return it to the place of purchase for a full refund." 955

Hackers who infiltrated the Twitter accounts of several high-profile politicians and industry titans over the summer posed as members of the Twitter IT department in order to steal the credentials of employees with high-security clearance, New York's Department of Financial Services says.On July 15, dozens of high-profile Twitter accounts — including those belonging to Joe Biden, Barack Obama and Jeff Bezos — were hacked and posted messages directing followers to give away bitcoin in a targeted scam. According to the DFS, hackers made off with about 8,000 in bitcoin.In the days following the hacking, Twitter said it believed that the scam was engineered by a "coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools." In its report, published Thursday, DFS confirmed that was the case.According to DFS, the scheme began on July 14, when at least one of the hackers called Twitter employees posing as members of Twitter's IT desk. Twitter employees have been working from home amid the COVID-19 pandemic, and the company has often experienced issues with its Virtual Private Network. Seizing on that vulnerability, the hackers told the employees they needed to check on the VPN and directed employees to a phishing website that looked "identical" to Twitter's IT page.When the employees with advanced access entered their username and password, that information was immediately sent to the hackers.The next day, the hackers carried out their high-profile bitcoin scheme, which alerted Twitter to the hack and caused disruptions on the site for several hours. However, before carrying out the bitcoin scheme, the hackers also took control of so-called "OG" Twitter accounts — valuable account names designated by a single word, letter or number. If login credentials of those accounts are stolen, such they can be sold for thousands of dollars.In all, DFS says 130 Twitter accounts were hacked, and the suspects sent tweets from 45 of those accounts.The DFS said the hacking represented severe flaws in Twitter's security systems, which could have dire consequences."In the hands of a dangerous adversary, the same access obtained by the Hackers–the ability to take control of any Twitter users’ account–could cause even greater harm," the agency said. 2351
GREELEY, Colo. – Chris Watts is set to be sentenced Monday morning for the murders of his pregnant wife, Shanann, and their two young daughters after he pleaded guilty this month to the killings that roiled their Frederick community earlier this year.Watts, 33, is expected to receive life in prison without the possibility of parole after the possibility he might receive the death penalty went away due to his plea deal.19th Judicial District Attorney Michael Rourke could also speak following the hearing and it’s possible that the autopsy reports for Shanann, Bella and Celeste could be released in the hours or days that follow.On Thursday, a judge granted Watts’ parents the right to speak at the hearing. Shanann’s parents could also deliver victim impact statements in which they could ask the judge for a more-lenient or stronger sentence for Watts.That ruling, paired with The Denver Post’s interview of the woman with whom Watts was having an affair prior to the killings and an?interview with Watts’ parents, have made for high drama ahead of Monday’s hearing.Police arrested Watts late on the night of?Aug. 15 in the alleged killings of Shanann, Celeste and Bella. After Watts initially denied?that he killed them in an interview, police documents said that he admitted to doing so.Prosecutors said they believed Watts killed the three inside the family’s home in Frederick. The affidavit released in August confirmed details that had been previously reported, citing high-ranking sources, that Shanann’s body was buried in a shallow grave at the site and that the bodies of Celeste and Bella were put inside of oil and gas tanks at an Anadarko site in Weld County, where Watts worked before he was fired following his arrest.Chris Watts pleaded guilty Nov. 6 to nine counts in the deaths of his pregnant wife and two daughters: three counts of first-degree murder after deliberation, two counts of first-degree murder – victim under 12/position of trust, one count of first-degree unlawful termination of a pregnancy and three counts of tampering with a deceased human body.In exchange for the guilty plea, the death penalty was taken off the table. Rourke said earlier this month the deal was made with the agreement of Shanann’s family. 2270
Georgia has re-certified the results of the presidential election in the state, hours after state Sec. of State Brad Raffensperger confirmed that a machine recount requested by the Trump campaign upheld president-elect Joe Biden's win in the state.Raffensperger also criticized those who continue to doubt the results of the 2020 presidential election in the state, saying that the push to overturn the results was "hurting the state."Georgia has counted ballots in the presidential election three times — the initial count, a full election audit and hand recount, which was done at Raffensperger's request, and a machine recount which was held a the request of the Trump campaign. All three counts have shown Biden won the state.Raffensperger says he's been personally pressured by fellow Republicans to personally intervene and overturn the results of the election. At a Saturday political rally, Trump criticized Raffensperger publicly.There is no evidence of widespread voter fraud in the state. Last week, Attorney General Bill Barr said the Justice Department had not yet found evidence of fraud that would change the outcome of the 2020 presidential election. 1174
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