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Car rental giant Hertz has begun notifying its customers of a data breach that included their personal information and driver’s licenses. The rental company, which also owns the Dollar and Thrifty brands, said in notices on its website that the breach relates to a cyberattack on one of its vendors between October 2024 and December…
Election Day is nearly here, and if you haven’t already mailed in your ballot or gone in for early voting, you might need a ride come November 5. Here’s a roundup of all the freebies, discounts, and information on getting to the polls that transportation companies are offering. Micromobility Lime is offering free rides to…
“Hertz to pay $168 million in bogus theft settlement” Hertz says it will pay approximately $168 million by the end of the year to settle the majority of the lawsuits brought against the rental car company by some of its customers who were wrongly accused of stealing cars they had rented. In April, Hertz CEO…
“#JPMorgan’s refusal to increase Hertz bid costs co-investors billions” JPMorgan’s refusal to increase its bid for Hertz in a bankruptcy auction this spring — despite pressure from co-investors — now looks like a multi-billion dollar mistake as the rent-a-car industry revs back to life, a source said. The bank, which owned most of Hertz’s debt,…
“#Tesla stock falls as Elon Musk says Hertz sale not confirmed” Tesla CEO Elon Musk insisted no formal contract has been signed with Hertz, after the car-rental company announced a deal to buy 100,000 electric vehicles in an overhaul of its fleet. The deal, announced Oct. 25, sent Tesla stock soaring to an all-time high…
“#Hertz insiders dreaming of NYSE revenge: sources” Insiders at Hertz, which last week shocked Wall Street with its well-financed bankruptcy-exit plan, are already plotting to take revenge on the New York Stock Exchange for kicking it when it was down, On the Money has learned. The car-rental giant, which last week scored enough funding to…
“#MI man sues Hertz over receipt that would have cleared him of murder” A Michigan man filed a lawsuit on Tuesday against a car rental company for failing to produce a receipt that would have proved his innocence after being wrongfully convicted for a 2011 murder. Herbert Alford was wrongfully incarcerated for five years after…
“#Lenders mull plan to take Hertz public post-bankruptcy” There’s a battle brewing over Hertz that could determine whether the car rental company — and original “meme stock” — remains a publicly traded company, The Post has learned. Hertz on Tuesday proposed exiting bankruptcy by putting a group of new investors in the driver’s seat, including…
“#Judge rejects Hertz’s ‘offensive’ bankruptcy bonus plan” If you want to watch Movies or TV series visit the Dizi.BuradaBiliyorum.Com A federal judge blasted bankrupt car-rental firm Hertz’s proposal to pay top executives millions of dollars in bonuses as she shot down the plan Thursday. US Bankruptcy Judge Mary Walrath directed the beleaguered company to revise…