Hertz awards over $16 million in retention bonus to key executives

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FILE PHOTO: Logos of car rental company Hertz are seen outside Paris Charles de Gaulle airport in Roissy-en-France during the outbreak of the coronavirus disease (COVID-19) in France May 19, 2020. REUTERS/Charles Platiau/File Photo

(Reuters) – U.S. car rental company Hertz Global Holdings (HTZ.N) said on Tuesday it has paid about $16.2 million in retention bonuses to a range of key executives at the director level and above, days after the company filed for bankruptcy protection.

The company paid President and Chief Executive Officer Paul Stone $700,000, and Executive Vice President and Chief Financial Officer Jamere Jackson $600,000

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Apple awards $10 million to nasal swab maker COPAN Diagnostics to help boost factory output

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FILE PHOTO: The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar

(Reuters) – Apple Inc said on Thursday that it was awarding $10 million to a maker of nasal swabs and other materials for collecting samples for Covid-19 tests in a move aimed at boosting the swab maker’s production to 1 million collection kits per week by early July.

The two companies said the award would help Murrieta, California-based COPAN Diagnostics expand into a larger facility and create 50 new jobs in

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U.S. awards airports $10 billion in grants amid travel falloff

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FILE PHOTO: Canceled flights are seen on an airport screen in New Orleans, Louisiana U.S., April 4, 2020. REUTERS/Carlos Barria

WASHINGTON (Reuters) – The U.S. Transportation Department on Tuesday awarded nearly $10 billion to U.S. airports struggling with a massive falloff in travel demand because of the coronavirus pandemic.

Congress approved the money late last month and the department has previously awarded $25 billion to public transit systems and $1 billion to U.S. passenger railroad Amtrak.

The awards include $377 million for Chicago’s two major airports, $338 million for Atlanta, $323 for Los Angeles, $299 million for Dallas-Fort Worth, $295

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