Free Republic

Hertz raised the number of electric vehicles it plans to sell this year as it is cutting its EV fleet to reduce losses that have weighed on the car rental giant’s earnings. In the first quarter, Hertz upsized its EV disposition plan by 10,000 vehicles, for a total of 30,000 EVs intended for sale in 2024. Most of these EVs will be Teslas. The company incurred a $195 million charge to vehicle depreciation to write down the EVs held for sale which were remaining in inventory at quarter-end to fair value and recognize the disposition losses on EVs sold in...

Did the current administration “collude” with Russia? So far no evidence at all has emerged to support that hypothesis, but Politico’s Josh Meyer digs deep into another curious set of circumstances in the Obama White House and its own operations with a foreign power. Perhaps the media will start asking whether the previous administration colluded with Iran to let terrorists and drug dealers go free in order to score one of the worst deals ever in international relations. Before Barack Obama decided to pursue the nuclear deal with Iran, the DEA had a major operation called Project Cassandra. This operation...

The authorities that run San Francisco's iconic Golden Gate Bridge announced that next year, they will remove the crossing's human toll takers and replace them with electronic sensors. The switch has been sold as a triumph for efficiency and traffic flow but is potential budget disaster for tourists who now risk stumbling into fines or having to pay more money for e-pass equipment. Cities and states across the world have been moving to sensor-based tolling systems, from TxTag in Texas to E-ZPass in 14 states, without regard to the burden it places on tourists who either don't understand the system,...