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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
GREELEY, Colo. – The parents of Chris Watts will get the opportunity to provide victim impact statements at their son’s sentencing hearing Monday but their attorney will not be allowed to address the court, the judge in the case ruled on Thursday.19th Judicial District Court Judge Marcelo A. Kopcow ruled that Cindy and Ronnie Watts should be able to speak in court Monday and deliver victim impact statements in which they could ask the judge for a more-lenient sentence for their son. They can also deliver such statements through a designee, according to the judge’s order.Judge Kopcow wrote that state law affords the two the right to do so because they are the paternal grandparents of Bella and Celeste, whom Chris Watts pleaded guilty to killing in August along with their mother and his pregnant wife, Shanann Watts.But Kopcow ruled that the attorney for the two won’t be allowed to address the court.Cindy and Ronnie Watts spoke for the first time about their son’s case earlier this week, voicing their frustration with the case and questioning the plea deal their son made with Weld County prosecutors, for which he will be sentenced Monday. They also spoke about their negative perception of their daughter-in-law.Shanann’s family responded by calling the Watts’ statements “vicious, grotesque and utterly false” and said “Shanann’s memory and reputation deserves to be protected.”On Thursday, the woman who claims she was having an affair with Chris Watts spoke The Denver Post. She called what happened to Shanann and her daughters “horrific” and said that Chris had “lied about everything” during their relationship and the period between which Chris dumped his wife and daughter’s bodies at an oil and gas site and his arrest.Chris Watts agreed to plead guilty earlier this month to nine counts, including five counts of first-degree murder and other charges, in exchange for being spared from the death penalty.He is expected to be sentenced to life in prison without the possibility of parole at Monday’s sentencing hearing, which is scheduled to begin at 10 a.m. MT. 2114
Home gardeners with some extra time during the coronavirus pandemic might consider adding a personal touch to their yards. An ordinary landscape can be transformed with some imagination, design, and perhaps the help of a local agriculture extension service, landscape professional or private nursery. Adding arbors or pergolas can entice visitors into the garden. Flowering trees, pots, paths and landscape timber might keep them there longer. Experts say benches and tables are a must for an outdoor hangout, and having limited room shouldn’t be a deterrent. Adding the right flowering plants can convince hummingbirds and butterflies to stay longer. 659
Get ready to find out how much time you spend on Facebook and Instagram.A new set of features are starting to roll out to the Facebook and Instagram mobile apps on Wednesday to help you better manage how you spend time on the platforms.The features include daily and weekly data on time spent within each app, a feature for temporarily muting push notifications, and a daily reminder system to notify you when you've hit a self-designated cut-off time for the day."This is about giving people the tools and the insights for them to decide for themselves what they want to be doing," said David Ginsberg, director of research at Facebook. 645
Home Depot and Lowe's are lending a helping hand to the next generation of construction workers. Right now there are about 158,000 unfilled construction jobs in the U.S and both home improvement stores plan on training thousands of people for free.Home Depot announced it is committing million to skilled trades training to those who need it the most. It is bringing shop class back for the next ten years. The trade skills are for jobs like plumbers, electricians and carpenters just to name a few.The training program at Home Depot will be offered to veterans and underserved high schoolers nationwide, and you don't have to work for Home Depot.As for Lowe's, its training program is called “Track to the Trades” and it’s for current employees.The program will offer employees financial assistance to pursue certifications for trade skills and receive additional academic coaching. Plus, it will help people get full-time positions at Lowe’s if they want to stick around.If you’re looking for a part-time job right now, Lowe's and Home Depot are currently hiring more than 130,000 people this spring. 1124