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Shares of rental car giant Hertz plunged by more than 20 percent on Thursday after the company reported huge losses related to its investment in Electric Vehicles (EVs). For months, Hertz has been struggling after going all-in on EVs. On Thursday, Hertz executives said it lost $1.28 per share in the first quarter, many times larger than Wall Street’s estimate of a loss of 45 percent per share. The wider-than-expected loss came even though business was actually busier than expected for Hertz. The company took in $2.1 billion in revenue, slightly outpacing expectations. In January, Hertz executives announced that they...

By the end of 1819, so many banks, persons, and businesses had declared bankruptcy that each defaulted to ownership by the notorious Second Bank of the United States (SUSB), thus making the SUSB one of the largest and most important property owners in the early republic. Many elites benefitted from its seemingly endless largess, but most Americans despised it as a “monster.” Not only did it seem to own everything in sight (and beyond!), but it also had been responsible for the inflation and sudden deflation that had caused the Panic/Depression of 1819. Its first president, William Jones, had been...

A Maryland mom faces up to 55 years behind bars for killing her 3-year-old daughter in a crash while driving at almost 100 mph – in what prosecutors described as “steering a missile down the road in the middle of rush hour.” DanShell Evon, 38, was recorded driving her three kids at 98 mph — well over twice the speed limit — seconds before her 2015 Kia Optima slammed into a Ford F-150 truck in Silver Spring in May 2022, WJLA reported. The mom and her two 13-year-old children suffered non-life-threatening injuries in the horrific wreck, as did two adults...

A teen driver charged with killing a mom and three kids by racing through a red light at 112mph was involved in two other major crashes in suburban Seattle — with bodycam footage showing a cop telling him to “learn” his lesson after he admitted speeding during his first accident. Chase Jones, 18, has been booked on charges of vehicular homicide, vehicular assault, and reckless driving for the crash on Tuesday last week that killed mom Andrea Hudson, 38, and three of the kids she was driving around: Boyd Buster Brown, 12, and sisters Matilda Wilcoxson, 13, and Eloise Wilcoxson,...

A former Horry County police officer sustained life-altering injuries while responding to a 2021 plane crash that was later blamed on faulty maintenance, according to a recently filed lawsuit. Kevin McLean was among the first responders to a May 21, 2021, plane crash just off Socastee Boulevard in which the pilot, 60-year-old James Marklin Harper, was killed.

Three children and two adults were killed when a school bus collided with a semi-truck on Monday in Illinois.

Cartel members were seen laughing after a National Guard helicopter carrying three soldiers and a Border Patrol agent crashed near the southern border in Texas. In video footage from a U.S. Customs and Border Protection (CBP) agent, obtained by Fox News, cartel members were seen watching the National Guards helicopter plummet to the ground with their drone. Following the devastating crash, the cartel members were heard cackling.

Two U.S. National Guard members and a Border Patrol agent were killed and a fourth person was injured when a helicopter went down near Rio Grande City, Texas, on Friday, officials said. The UH-72 Lakota helicopter crashed around 2:50 p.m. local time while it was "conducting aviation operations" in the area, according to a statement from the Defense Department’s Joint Task Force North. The helicopter had been assigned to a support mission at the Southwest border of the U.S., the statement said.

This is the first of a three-part series Doomsaying, as Jonah complained to God, is a game that a doomsayer cannot win. This applies in spades to predicting a financial crisis. If proven wrong, the doomsayer is discredited. If proven right, he may be blamed for helping to precipitate the crisis by undermining public confidence. Far be it from me, therefore, to predict a US financial crisis in the coming months. However, indicators that a US financial crisis might occur during this session of Congress, described by this first part of a three-part essay, warrant prompt attention, especially by the...

<p>BAKER, Calif. (AP) — A helicopter carrying six people crashed near a small town in Southern California’s Mojave Desert, authorities said.</p><p>The helicopter went down Friday evening near Baker, a town of 700 people about 95 miles (153 kilometers) southwest of Las Vegas, KABC-TV reported.</p>

The five Marines who went missing while traveling aboard a helicopter from Nevada to California have been found dead, officials said Thursday morning. The helicopter was found crashed in a mountainous area in Southern California, the Marine Corps confirmed on Thursday. This is a developing story.

So many sing about “the day that music died” on Feb. 3, 1959, when Buddy Holly, Ritchie Valens and J.P. “The Big Bopper” Richardson were killed in a plane crash. Don McLean coined the term in his 1971 hit “American Pie.”

South Africa's Thungela Resources (TGAJ.J), opens new tab on Tuesday said it does not expect a derailment on the country's main coal export line to significantly impact its operations. State-owned freight rail operator Transnet was on Tuesday still working to clear the line to Richards Bay, South Africa's major coal export port, after two trains collided on Sunday, the utility said. It did not say what caused the accident or when services would be restored. Transnet said no serious injuries were reported after the incident, but that the disruption of services to Richards Bay would throttle mineral shipments already constrained...

The Federal Aviation Administration is investigating after a small plane crashed into the Pacific Ocean in Northern California and a woman's body was found in the sea near the wreckage. An FAA spokesperson told USA TODAY a single-engine Cozy Mark IV crashed into water on Sunday near Half Moon Bay, about 30 miles south of San Francisco. Aviation officials said the crash took place about 7:30 p.m. and two people were on board the plane. The San Mateo County Sheriff's Office reported the aircraft took off from the East Bay and shortly after, authorities responded to reports of "a small...

An airplane crashed into the frigid waters of the Pacific Ocean after 'flying erratically' near an airport south of San Francisco Sunday evening, authorities said. Sgt. Philip Hallworth of San Mateo County Sheriff´s Office said crews were searching for the plane that went down in Half Moon Bay around 7:15 p.m.. Officials have recovered some wreckage, reports ABC San Francisco, but there is still no word on possible survivors. It's not clear how many people were on board at the time of the crash. The crash occurred a few miles from the Half Moon Bay Airport on the Cabrillo Highway,...

A truck driver transporting compressed natural gas reportedly suffered severe burns when his vehicle crashed into a Glenville, N.Y., bridge and exploded on Thursday evening. Town Supervisor Chris Koetzle announced that power in the area was knocked out due to the explosion. The driver survived with third-degree burns, he added. Over 1,200 customers initially lost power in the affected area, according to National Grid, but that number has been steadily improving, CBS 6 Albany reported.

As the clock ticks closer to 2024, one outspoken economist is making a dire predication about the markets in the new year. "Since 2009, this has been 100% artificial, unprecedented money printing and deficits; $27 trillion over 15 years, to be exact. This is off the charts, 100% artificial, which means we're in a dangerous state," Harry Dent told Fox News Digital. "I think 2024 is going to be the biggest single crash year we'll see in our lifetimes."

As the Daily Mail reported, Wilmington police charged 46-year-old James Cooper with driving under the influence. The sitting “president” was put in danger because an idiot had too much alcohol in his system and decided to get behind the wheel of a car. Wilmington police released the following statement to the Daily Mail: Following our investigation, Wilmington Police have determined that this was an accidental collision and have charged the driver of the striking vehicle – a 46-year-old Wilmington man – with Driving a Vehicle Under the Influence of Alcohol and Inattentive Driving. Unbelievably, Cooper was released from custody last...

An Oakland restaurant owner was robbed by multiple suspects after his vehicle crashed and flipped upside-down in a Mad Max-style car chase. The harrowing event occurred early Friday morning on Lakeshore Avenue in Oakland, California - a city likened to a hellscape in the Mad Max film series, where gangs roam in packs of vehicles in search of fuel. Photos and videos captured the victim's Honda Accord flipping and landing on the Lake Merritt walking trail, as witnesses reported hearing multiple gunshots after the crash. The car chase started at International Plaza, a strip mall in the Little Saigon neighborhood...

The NTSB found that mechanical failures caused a plane to go off the runway and crash into a car in McKinney last month. It happened on November 11 and the pilot was coming from Abilene. The only injury reported was the person in the car that was struck. Investigators said the first problem was a door seal that failed on the single-engine Lancair IV-P. The plane lost pressurization, so the pilot made an emergency descent, then noticed a caution light about the propeller. The pilot reduced power and tried an emergency landing at Aero Country Airport in McKinney, but the...