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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
Her name was Jakelin Caal Maquin. She had traveled with her father from a rural indigenous community in Guatemala's impoverished Alta Verapaz region.They were among a group of 163 migrants detained by Border Patrol agents the night of December 6 -- three days after her birthday -- in a remote area of the New Mexico desert, officials said.Two days later, 7-year-old Jakelin was dead, Customs and Border Protection's officials said Friday. She had vomited and stopped breathing while in Border Patrol custody. Jakelin later went into cardiac arrest and suffered brain swelling at a Texas hospital."Without the lifesaving measures undertaken by Border Patrol, this child would have likely died in the desert alone without any medical care whatsoever," a Department of Homeland Security official said Friday. "The entire department is heartbroken by this loss of life."The department's Inspector General's office is investigating the death and said its findings will be released publicly. The US government officials spoke on a conference call with reporters and insisted they not be identified by name. 1109
Herman Cain tweeting about how not deadly COVID is after previously dying from COVID. pic.twitter.com/uzBSMl48et— Kit.?????? (@KitMaxwell_) August 31, 2020 163
Hamburg is being relegated from the Bundesliga after a 55-year stint in Germany's top soccer league, and its fans are not happy. On Saturday in the closing minutes of its match against Borussia Monchengladbach, fans threw flairs and fireworks on the pitch, prompting players to leave the pitch in lieu of police in riot gear. 348
Homicide detectives in Florida are investigating what they say appear to be the discovery of human remains after a jogger found something and notified the St. Petersburg Police Department. #stpetepd investigating human head found on the side of the road on 38th Av S between 31st and 34th St. South. Anyone with info call 727-893-7780 pic.twitter.com/zoICcaYvpI— St. Pete Police (@StPetePD) July 7, 2020 The area is used by several drivers to cut to busy 34th Street South and police officers hope someone may have seen something suspicious while driving on 38th Avenue S.The area where the remains were found does not have any surveillance cameras and is not in direct view of many homes or businesses, according to detectives.Officers spent hours Tuesday looking in the wooded area around the overpass but did not find the rest of the body.Ernest Lee lives in the neighborhood and says he was in disbelief Tuesday morning as the path he walks several times a week turned into a crime scene.“I do a lot of walking and we have a whole community that walks around here so I’m surprised none of us came across it," Lee explained. “The whole neighborhood is concerned because that could be someone we know.”Detectives say the woman who found the remains told police she jogs in the area often but did not see anything suspicious during her previous run in the same area over the weekend.Rafael Lopez, a spokesperson for the St. Petersburg Police Department says it is too early to determine the gender, age or race of the remains. Lopez also said the head was decomposed and it is unknown how long the remains may have been present near the road.“We do have a wooded area on both ends so although we are in the center of the city, it occurred in a pocket where it is pretty hard to determine if anyone saw anything at all," Lopez added. "We’re asking the public if they saw anything or were around this area in the last several days to give us a call.”This story is developing. Stay with ABC Action News for updates.WFTS's Dan Trujillo and Sarah Hollenbeck first reported this story. 2099