Free Republic

Hertz's partnership with Amazon is another step in the e-commerce giant's slow march into auto sales. The deal could be a boon for the rental car giant, which is trying to sell more of its cars directly to consumers. Some experts say the shift toward direct online sales, especially involving e-commerce giants like Amazon, could spell trouble for dealerships, possibly even large publicly traded companies such as AutoNation, Group1, Sonic Automotive, Penske, and Asbury. Wholesale auction companies such as Manheim and AVC are also liable to be watching the shift, as direct to consumer sales could threaten their inventories. Why...

Intuitive Machines have successfully soft landed on the Moon, carrying a number of payloads for NASA, this represents a return to the moon for the USA. However far more significantly, it's the first purely commercial lander to land on the surface of the moon, and the first lunar lander to use purely cryogenic propellents for all its deep space maneuvering. Both of these factors are core to NASA's Artemis program, and so seeing success here is important to NASA's plans.However.It's far from a perfect success, because it appears to have fallen over during the landing, and this is limiting the...

The NBA will announce the results of its investigation into racially insensitive comments allegedly made by Los Angeles Clippers owner Donald Sterling on Tuesday, but already his franchise is paying a price.

CarMax co-founder and former CEO Austin Ligon, who will be a featured speaker at the Democratic National Convention, says he and his company's 17,000 employees aren't responsible for his billion dollar company, the government is: As President Obama has said, I didn't do it alone. I succeeded because we had a committed team of CarMax associates working round the clock to build our business. We found ready capital from healthy and flexible capital markets that allowed us to grow. We benefited from an effective national transportation infrastructure that let us move products from one market to another, and we had...