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Hertz Files For Bankruptcy

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Rental car giant Hertz is the latest big name to file for bankruptcy during the coronavirus pandemic. Just like airlines, the rental car business has taken a major hit during the pandemic.  Hertz already laid off or furloughed more than 16,000 employees last month. Other major businesses to file for bankruptcy during the pandemic include J.C. Penney, Neiman Marcus, and J.Crew.


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