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Rental car icon Hertz filed going into the weekend. The airport staple is sitting on $19B in debt — most of its 700K cars haven't felt a human touch on their steering wheels in months. Hertz was hurting pre-corona, thanks to competition from peers like Avis and ride-hailing services. But near-nonexistent travel demand was the final nail in its deflated tire.

https://www.wsj.com/articles/hertz-preparing-bankruptcy-filing-as-soon-as-friday-night-sources-say-11590182538

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