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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

George Washington University is looking into a confession by a professor of African American studies that has been pretending to be Black.Jessica Krug admits she was born a white, Jewish girl from Kansas City — not the Black Latina from the inner city she claimed to be in her books."For the better part of my adult life, every move I've made, every relationship I've formed, has been rooted in the napalm toxic soil of lies," she wrote in a blog post.Krug, whose work has been up for prestigious Harriet Tubman and Frederick Douglas book prizes, is now calling herself a culture "leech."Critics say the author and associated professor made the admission not to clear her conscience but because she was found out.In a blog post, Krug calls herself a "coward" and says she deserves to be "canceled," blaming it all on mental illness."..the mental health professionals from whom I have been so belatedly seeking help assure me that this is a common response to some of the severe trauma that marked my early childhood and teen years," she wrote.She added that her mental health issues do not "explain nor justify" her actions.Essence magazine has removed her writing from its website."... I can’t fix this. I have burned every bridge and have no expectation that any of my relationships are flame resistant. I would never ask for nor expect forgiveness," Krug wrote.George Washington University says it cannot comment further on personnel matters. 1453

GRAND RAPIDS, Mich. - A young woman finally has her class ring back nearly 20 years after losing it. It was found in West Michigan, but she's not even from Michigan."I've been doing this for 10 years, and in those 10 years I found over 115 rings," said Gregg Larabel, who found the ring.You could say Larabel always had a knack for finding things."My dad got us started in 1972 with a little bounty hunter, and I've been metal detecting ever since," Larabel explained. "Then, I come across this Ring Finders site and joined it, and here I am."The Ring Finders is an international organization that prides itself on recovering millions of dollars in lost jewelry. But most importantly, they make sure these priceless items get back to their owners."I've had a couple of ,000 rings. We're still looking for a ,000 ring in Bloomfield Hills in a duck pond," he said.It doesn't matter where or how long ago it was lost, you give the Ring Finders an idea of where your jewelry might be and they'll get to work.That brings us to his latest find on the shores of Beechpoint Christian Camp in Allegan county. While searching for one ring, Larabel and diver Aaron Westrick of Superior Dive Service came across another ring."I found a class ring from 2001. I looked at the inscription on it. It was DeVonia Foster and from Lourdes Lyons High School," Larabel explained.That's Lourdes Lyons High School in Chicago. So, how did the ring end up in West Michigan 20 years later? We caught up with DeVonia Foster."It's funny because I'm a part of the scholarship program at my old Catholic school, and we used to do these camps every year," Foster explained. "We went off to Michigan and Wisconsin and things like that. So, I believe just out there on a camping experience, I lost it."Foster was a former multi-sport athlete who graduated in 2001. "I have the basketball on one side [of the ring], and then I have two track wings on the other," she said. "It was a treat. I'm from a single-parent home, so it was a sacrifice to even get a ring that expensive."Regarding losing the ring, Foster laughed, remembering "it was kind of a bummer, because it's like, 'Oh, I see why [ my mom] didn't buy me nothing expensive.'"Larabel contacted Foster through Facebook and drove three hours to Chicago to personally drop it off."It's funny that Gregg just reached out, and he just lost his wife," Foster mused. "So it just makes me feel like he's a great person to even care about other people when he's going through such a traumatic loss his own self."This story was first reported by Nicole DiDonato at WXMI in Grand Rapids, Michigan. 2627

GOP Sen. Rand Paul was assaulted in his home in Bowling Green, Kentucky, on Friday, according to Kentucky State Police.State troopers responded to a call to the senator's residence at 3:21 p.m. Friday. Police arrested a man named Rene Albert Boucher, who they allege "intentionally assaulted" Paul, causing him "minor injury."Boucher, 59, of Bowling Green was charged with one count of fourth-degree assault. As of Saturday afternoon, he was being held in the Warren County Regional Jail on a ,000 bond.Police were not immediately clear on why Boucher allegedly assaulted Paul. The investigation is still ongoing, police spokesman Jeremy Hodges told CNN.Kelsey Cooper, Paul's Kentucky communications director, said in a statement: "Senator Paul was blindsided and the victim of an assault. The assailant was arrested and it is now a matter for the police. Senator Paul is fine." 888

HAWTHORNE (CNS) - Southern California-based SpaceX will look to achieve another milestone late Friday evening when it attempts to launch the first test flight of its sleek capsule designed to carry astronauts to the International Space Station.The Crew Dragon, a stepped-up version of SpaceX's Dragon spacecraft that is used to carry cargo to the Space Station, is scheduled for to launch at 11:49 p.m. California time Friday from Cape Canaveral in Florida, propelled by a Falcon 9 rocket. The Crew Dragon mission will be unmanned, testing the new ship's capabilities and ability to self-dock at the Space Station.PHOTO GALLERY: SPACEX ROCKET LAUNCH LIGHTS UP EVENING SKYCargo-carrying Dragon capsules are usually captured by the Space Station's robotic arms and brought into the docking bay. The Crew Dragon is designed to dock and un-dock on its own.The Crew Dragon being launched Friday night will be carrying a sensor- laden mannequin, outfitted in a SpaceX spacesuit, along with about 400 pounds of supplies and equipment. The spaceship is expected to arrive at the International Space Station at about 3 a.m. California time on Sunday.The ship will remain docked at the station until about 11:30 p.m. Pacific time March 7, when it begins its journey back to Earth. It is expected to splash down in the Atlantic Ocean -- slowed by four parachutes -- about six hours later.VIDEO REPORT: No, it was not a UFO. SpaceX launches rocket into space off California coastAssuming the test flight goes well, SpaceX is scheduled to actually launch astronauts into space for a short demonstration flight this summer, possibly in July. NASA has already chosen astronauts Robert Behnken and Doug Hurley for the historic mission. Assuming no issues with that flight, two other astronauts -- Victor Glover and Mike Hopkins -- will later become the first humans carried by a Crew Dragon spacecraft to the International Space Station. 1929

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