Hertz Preparing Bankruptcy Filing as Soon as This Weekend
Hertz Global Holdings Inc. is preparing to file for bankruptcy as soon as this weekend after failing to reach a standstill agreement with top lenders, according to people familiar with the matter.
香蕉视频苹果下载The car-rental company is planning to seek chapter 11 protection in the coming days after government restrictions on travel cut down on air and ground traffic, crushing the vehicle-rental market, these people said.
A bankruptcy would make Hertz one of the highest-profile corporate defaults yet stemming from the coronavirus pandemic’s impact on American travellers. The fallout from Covid-19 has hit the rental-car companies doubly hard because their operations are reliant on two industries—automotive and travel—that have been pummeled.
香蕉视频苹果下载Hertz, based in Estero, Fla., missed a lease payment last month and convinced creditors to wait until Friday evening before declaring a default. Creditors refused to grant another extension, people familiar with the matter said.
Nevada Aims to Reopen Casinos June 4
Nevada Gov. Steve Sisolak said the state aims to reopen casinos on the Las Vegas Strip and elsewhere on June 4.
香蕉视频苹果下载Mr. Sisolak ordered casinos to close March 17 in response to the coronavirus pandemic, effectively shutting down the tourism industry, which is responsible, directly or indirectly, for one in three jobs in the state. The closures led to widespread furloughs and layoffs. On Friday, the Labor Department said Nevada’s unemployment rate is the highest in the country at 28.2%.
香蕉视频苹果下载Mr. Sisolak said the June 4 reopening date is contingent on Covid-19 trends and the results of a Nevada Gaming Control Board meeting scheduled for Tuesday. Gambling regulators are holding a public hearing on reopening plans including comments from public-health officials.
Regulators have already limited casinos to 50% occupancy upon reopening and are requiring operators to implement social-distancing and cleaning measures. Operators will be faced with the challenge of attracting visitors in search of an escape in the midst of a socially distanced casino.
What Is It Like to Reopen? Fitful, Divisive and Difficult
As U.S. states move to ease restrictions, scenes playing out across the country show that reopening will be fitful, divisive, and in some ways far more difficult than closing it down.
Tensions are intensifying between those celebrating the end of shutdowns and those fearful of the virus’s reemergence, between those driven by economic desperation and those eager to resume a semblance of normalcy.
香蕉视频苹果下载At the Horny Toad restaurant in Cave Creek, Ariz., servers wore masks and gloves, tables were set 6 feet apart, and groups were limited to no more than 10. Diner John Vrooman said the extra effort for safety was fine, but in his view unnecessary.
“I don’t believe in masks,” he said. “I just don’t think that little piece of fabric over your mouth is going to do anything.
香蕉视频苹果下载Patty Waldron's biggest challenge is when customers come into her cafe without masks and stride up to her counter. She doesn’t want to make other customers uncomfortable, so she tells them she can serve them outside. Some have told her that’s a violation of their constitutional rights.
“I’m not making a political statement here,” said Ms. Waldron, who wears a mask at work. “I’m just trying to follow the guidelines set for me. For those who want to be rebellious—I’m not trying to take your rights away.”
The challenge is "reopening it in the right order, so that you don't make it worse," said Dan Stec, a Republican state assemblyman in northeast New York, which began lifting some restrictions this week.
“I can’t help but think about ‘Jaws,’ ” said Mr. Stec. Amid public outrage, Amity Island officials opened the town’s beaches after a reported shark attack, with lethal cinematic repercussions. “I always felt for that mayor,” he said.
Latest U.S. Virus News We're Following
President Trump called on governors to reopen the nation’s places of worship as essential services, after new CDC guidelines issued Friday laid out recommendations for houses of worship around social distancing, cleaning practices and using face covers. Mr. Trump said he would “override” any state leaders who don’t agree, but didn't say how he would do so. States have set their own rules in the crisis.
Coronavirus cases in Montgomery, Ala., are rising rapidly香蕉视频苹果下载, up 35% in the past week to more than 1,050, and hospitals say they are running low on available intensive-care beds. Alabama on Friday further relaxed restrictions put in place to slow the virus's spread, allowing entertainment venues like arcades, theaters and bowling alleys to reopen. Gov. Kay Ivey said officials were closely watching the situation.
The Trump administration is reversing longstanding policies on the treatment of children and families who come into the U.S. illegally, citing laws and court rulings related to the coronavirus pandemic as reasons for changes it has long sought. The government has in recent weeks returned minors who cross the border alone to their home countries faster than before—sometimes in a matter of hours. It has also begun making parents decide whether their children should be released or held with them indefinitely in immigration detention, where coronavirus outbreaks have been common, according to court records, congressional staffers, immigration lawyers and advocates.
Hotels Fund More Cleaning by Cutting Amenities
Hotel chains are performing a precarious budget balancing act香蕉视频苹果下载 as they scrap amenities to pay for more cleaning to rebuild consumer confidence shaken by the coronavirus pandemic and reverse steep declines in stays.
香蕉视频苹果下载Many—including franchise-run chains—are cutting amenities such as daily housekeeping visits, hot breakfast buffets and even complimentary soaps and lotions. The moves may help defray the costs of sanitizers, protective face masks and antiviral cleaning devices for individual hotel owners.
香蕉视频苹果下载“Lysol is the new luxury,” said Chekitan Dev, a professor in the hospitality school at Cornell University.
香蕉视频苹果下载It is one thing for high-end hotels to start implementing “operating-room level” hygiene practices, but it is an entirely different challenge for large hotel franchises, which essentially operate as a network of small-business owners, to require a new set of brand standards, said Mr. Dev, who also is a hospitality industry consultant.