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6:27 a.m.: UBS hikes First Solar price target, sees 25% upside There's a rosy outlook ahead for First Solar , according to UBS. Analyst Jon Windham cited a more supportive pricing environment as one reason for the price target change. The investment bank upgraded the airline to buy from hold, lifting its price target to $65 from $54. — Lisa Kailai Han 5:41 a.m.: Bank of America reiterates Apple as a top pick Apple shares could get a boost as consumers upgrade to AI-enabled phones, according to Bank of America. Analyst Wamsi Mohan reiterated his view that Apple is a top pick, maintaining his buy rating and price target of $230.

Persons: Jon Windham, Windham, Lisa Kailai Han, Scott Gruber, Gruber, LBRT, — Lisa Kailai Han, Morgan Stanley, SLB, Daniel Kutz, Kutz, Jefferies, Sheila Kahyaoglu, Kahyaoglu, Wamsi Mohan, Mohan, Fred Imbert Organizations: CNBC, United Airlines, Apple, United, Jefferies, Bank of America, UBS, Citi, Liberty Energy, of Liberty Energy, Nvidia Locations: Tuesday's, OFS, United

☆ ConocoPhillips is buying Marathon Oil in $22.5 billion deal
▼ + stars: | 2024-05-29 | by ( Mark Thompson | ) edition.cnn.com time to read: +2 min

ConocoPhillips said Wednesday it had agreed to buy Marathon Oil in an all-stock deal worth $22.5 billion, including about $5.4 billion of debt. Marathon Oil shareholders will receive 0.255 ConocoPhillips shares for each Marathon share they own, representing a 14.7% premium to the closing price on Tuesday. Shares of Marathon (MRO) were up more than 10% in premarket trade, while Conoco (COP) stock was down about 2%. “This acquisition of Marathon Oil further deepens our portfolio and fits within our financial framework, adding high-quality, low cost of supply inventory,” Ryan Lance, ConocoPhillips CEO, said in a statement. Until 1962, Marathon Oil was called The Ohio Oil Company, which was founded in 1887 and was bought two years later by John D. Rockefeller’s Standard Oil.

Persons: Hess, ” Ryan Lance, John D, Lee Tillman, ” Tillman Organizations: London CNN, Big Oil, ConocoPhillips, Oil, Marathon Oil, Occidental, Diamondback Energy, Endeavor Energy Partners, Marathon, Financial Times, Devon Energy, Ohio Oil Company Locations: Conoco, Houston, multibillion

☆ ConocoPhillips to buy Marathon Oil in $17 billion all-stock deal that bolsters shale assets
▼ + stars: | 2024-05-29 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

ConocoPhillips agreed on Wednesday to buy Marathon Oil in an all-stock transaction worth $17 billion that would bolster the company's shale assets as the broader oil and gas industry undergoes a major wave of consolidation. The deal will add 2 billion barrels of resources to ConocoPhillips' inventory in the U.S., extending the company's reach across shale fields in Texas, New Mexico and North Dakota. ConocoPhillips expects share buybacks worth $7 billion in the first year after the deal is completed and $20 billion in the first three years. ConocoPhillips' stock was down 3.3% in early trading following the announcement as Marathon Oil shares surged 7.3%. ConocoPhillips is the third-largest U.S. oil company with a market capitalization of $137 billion, while Marathon Oil has a market cap of $14.4 billion.

Persons: Ryan Lance, Lance Organizations: ConocoPhillips, Oil, Marathon, Marathon Oil, Exxon Mobil, Natural Resources, Federal Trade Commission, Hess Corporation, Chevron Locations: U.S, Texas , New Mexico, North Dakota

☆ CEA Chair Jared Bernstein: We're doing all we can to lower costs for Americans
▼ + stars: | 2024-05-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCEA Chair Jared Bernstein: We're doing all we can to lower costs for AmericansJared Bernstein, President Biden’s Council of Economic Advisers chair, joins 'Squawk Box' to discuss the state of the economy, President Biden's gas release plan, inflation concerns, and more.

Persons: Jared Bernstein, We're Organizations: Biden’s, Economic Advisers

☆ Porsche reveals a new hybrid 911 as more consumers embrace hybrids over electric vehicles
▼ + stars: | 2024-05-28 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

They have become increasingly popular in the United States even as sales of purely electric models have started to slow. The German automaker Porsche, a division of Volkswagen AG, already sells plug-in hybrid models like the Cayenne e-Hybrid SUV and Panamera e-Hybrid four-door car, but a hybrid 911 is another matter. Initially, hybrid power will be available in only one version of the car, the high performance 911 Carrera GTS. In another major change for Porsche, this car will not be a plug-in hybrid, as other Porsche hybrid models have been. Besides hybrids, Porsche also sells fully electric cars, the Taycan and the new Macan Electric SUV.

Persons: CNN —, didn’t, Ferdinand Porsche Sr, Ferdinand “ Ferry, Ferry’s, Ferdinand “ Butzi Organizations: CNN, CNN — Porsche, Porsche, Volkswagen AG, Carrera, Volkswagen Locations: United States, Cayenne

☆ EV range is making huge strides, but there still aren't enough places to charge.
▼ + stars: | 2024-05-28 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

But despite the vast improvements in battery technology, EV charging still can't hold a candle to the 5-minute stop to fill a gas tank. Related storiesCar companies hoped the public charging infrastructure would improve along with them as they built more range into their vehicles. AdvertisementWhat no one can seem to agree on is who is responsible for building out public charging infrastructure. All these industry efforts have helped to feed an EV charging infrastructure boom in recent years. The Biden Administration has set aside $7.5 billion for charging infrastructure with a vow to add 500,000 EV charging stations by 2030.

Persons: —, Biden Organizations: Service, Business, EV, GM, Pew Research, Department of Energy, Biden Administration, University of Michigan Transportation Research Institute

☆ BYD Says Its New Hybrid Cars Can Go 1,250 Miles Without Gas or Charging
▼ + stars: | 2024-05-28 | by ( Graham Rapier | ) www.businessinsider.com time to read: +1 min

BYD says its new hybrid powertrain system lets cars go 1,250 miles without refueling or charging. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But the Chinese EV maker BYD says it can happen thanks to upgrades in its new hybrid powertrain system, which is set to launch on two recently revealed midsize sedans, Bloomberg reported. It's the equivalent of about 81 miles per gallon, more than three times the US fuel-economy average for model-year-2022 cars. It's also about 500 more miles of range than a hybrid 2023 Lexus ES gets, which last year topped Kelley Blue Book's list of longest-range hybrids.

Persons: BYD, That's, — Organizations: Service, Bloomberg, Kelley, Business

☆ How to Reverse America's Urban Doom Loop: Use Abandoned Steam Pipes
▼ + stars: | 2024-05-28 | by ( Adam Rogers | ) www.businessinsider.com time to read: +9 min

Instead, it's drawing a feed of blistering, high-pressure, vaporized water from a century-old loop of steam pipes that runs beneath the city's streets. Like dozens of cities, New York has a loop of steam pipes under its streets that could help reverse the urban doom loop. Lindsey Nicholson/UCG/Universal Images Group via Getty ImagesIn July, Vicinity is installing what will be the nation's first zero-carbon urban steam loop. AdvertisementThe most convincing evidence that steam loops make economic sense comes from who's getting into the district-energy game. Meaning: Can we use steam loops to fix the urban doom loop before the climate doom loop dooms us all?

Persons: I've, Nobody, Francisco, Kevin Hagerty, Lindsey Nicholson, Blake Ellis, Burns, McDonnell, Tim Danz, it's, Danz, Hagerty, Decarbonizing, COVID, Costa Samaras, They'll, Adam Rogers Organizations: California, Vicinity Energy, Getty, Cal, Antin Infrastructure Partners, KKR, Scott Institute for Energy, Innovation, Carnegie Mellon, Business Locations: Francisco, California, New York City, Boston, Washington, New York, England, Chicago, Miami, San Diego, Portland, Milwaukee

☆ Texas House Speaker Survives Challenge From Hard Right
▼ + stars: | 2024-05-28 | by ( J. David Goodman | ) www.nytimes.com time to read: +1 min

The speaker of the Texas House, Dade Phelan, won renomination in a runoff on Tuesday, surviving a bruising Republican primary challenge from a party activist and first-time candidate who was backed by former President Donald J. Trump and his Texas supporters. The race, in a southeast Texas district that includes part of the city of Beaumont, was a bitter political showdown among some of the most powerful players in Texas politics, and was likely to have been one of the most expensive ever for a Texas House seat. Millions poured in to the campaigns during the primary, including large donations from West Texas oil and gas billionaires and out-of-state school-choice advocates who backed the challenger, David Covey. For his part, Mr. Phelan had help from deep-pocketed donors like Miriam Adelson, the Las Vegas casino magnate and widow of the Republican megadonor Sheldon Adelson. Covey, a technical adviser to the oil and gas industry who has described himself as a “very committed Christian and a conservative,” led Mr. Phelan in the first round of voting in March, when neither candidate won a majority.

Persons: Dade Phelan, Donald J, Trump, David Covey, Phelan, Miriam Adelson, Republican megadonor Sheldon Adelson, . Covey, Christian, ” Organizations: Texas House, Las, Republican Locations: Texas, Beaumont, West Texas, Las Vegas

Meanwhile, JPMorgan upgraded Huntington Bancshares to overweight from neutral, with a price target that implies upside of 31%. Analyst Scott Hanold's $90 price target implies that shares of Civitas could rise 25% from here. These two headwinds combined together could create near-term pressures for the stock by limiting Zscaler's billings growth, the analyst wrote. Nowinski's price target of $182, down from $275, implies the stock could rise 6% from here. The bank upgraded shares of the cruise operator to buy from neutral and lifted its price target to $24 from $21.

Persons: Mizuho, Scott Hanold's, Hanold, — Lisa Kailai Han, Wells, Andrew Nowinski, F4Q24, Nowinski, Patrick Cunningham, Cunningham, Lisa Kailai Han, Andrew Boone, Boone, Max, Duolingo, Ben Chaiken, Jan, Chaiken, Steven Alexopoulos, Alexopoulos, Huntington, Fred Imbert Organizations: CNBC, Cruise Line, JPMorgan, Huntington, RBC, Civitas Resources, RBC Capital Markets, Citi, DuPont DuPont, DuPont, Max, Mizuho, Cruise Locations: DAU, Mizuho, Norwegian, Huntington Bancshares, Columbus , Ohio, Friday's

☆ Traveling on Memorial Day? You could be making history
▼ + stars: | 2024-05-27 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

CNN —If you’ve flown this weekend or are hopping on a flight today, it’s likely you’re making history. Passenger traffic at US airports is on pace to make this Memorial Day weekend the busiest on record, according to Transportation Security Administration screening data. 1 screening day in TSA history) and Thursday (2.897 million, No. What’s amounting to be a blockbuster Memorial Day weekend could be a precursor to a chart-busting summer of travel. Five of the top 10 busiest travel days in the TSA’s 22-year history have occurred in the past two weeks alone.

Persons: …, ” Regina Boateng, aren’t Organizations: CNN, Transportation Security Administration, TSA, AAA

☆ A boomer moved from Texas to Missouri for her retirement thinking everything would be cheaper. She was 'so wrong.'
▼ + stars: | 2024-05-27 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

She said nearly everything is more expensive in St. Louis compared to Dallas, from groceries to gas to various taxes. Census data shows that between 2021 and 2022, about 494,000 people moved out of Texas, while over 668,300 people moved in. Nearly 9,200 people moved from Texas to Missouri during this period. AdvertisementTheir son attended the University of Missouri, where her husband went, and he settled in St. Louis. AdvertisementThey looked around St. Louis for two years but couldn't find much on the market.

Persons: Donna, Louis, Missouri Donna, St . Louis, It's, didn't, she's, She's, it'll Organizations: Service, Texans, Lone Star State, University of Minnesota's, Texas, Air Force, University of Missouri Locations: Dallas, Fort Worth, St, Texas, Missouri, Europe, St .

☆ Biden Doesn’t Want You Buying an E.V. From China. Here’s Why.
▼ + stars: | 2024-05-27 | by ( Jim Tankersley | ) www.nytimes.com time to read: +1 min

President Biden wants more of America’s cars and trucks to run on electricity, not gas. Mr. Biden’s aides agree that electric vehicles — which retail for more than $53,000 on average in the United States — would sell even faster here if they were less expensive. As it happens, there is a wave of new electric vehicles that are significantly cheaper than the ones customers can currently buy in the United States. Instead, the president is taking steps to make Chinese electric vehicles prohibitively expensive, in large part to protect American automakers. Mr. Biden signed an executive action earlier this month that quadruples tariffs on those cars to 100 percent.

Persons: Biden, Biden’s Locations: United States, Europe, China

☆ Off-price retailers like TJX and Ross won't be slowing down any time soon — here's why
▼ + stars: | 2024-05-26 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +6 min

Mario Anzuoni | ReutersOff-price retailers like TJX Companies and Ross are still posting sales gains and taking market share from rivals, but it's not just because consumers are under pressure and hunting for value. TJX and Ross both reported fiscal first quarter earnings last week that came in better than Wall Street expected, even as both companies lapped outsize growth from the prior-year period. Ross, which runs Ross Dress for Less and dd's Discounts, posted an 8% jump in sales, bringing revenue to $4.86 billion, compared to estimates of $4.83 billion, according to LSEG. "That's because they're providing consistent value to the consumer – and that's branded consistent value to the consumer at a discount price," said Roach. The dynamic is a bit different at Ross, which has more exposure to the lower- and middle-income consumer than TJX does and competes more on price, said Siegel.

Persons: Mario Anzuoni, Ross, it's, TJ Maxx, they've, Jessica Ramirez, Jane Hali, TJX, they'd, They've, Goldman Sachs, Brooke Roach, John Klinger, Michael Hartshorn, Roach, Simeon Siegel, Siegel, Ernie Herrman Organizations: Maxx, Reuters, TJX, Associates, Wall, Marshalls, CNBC, Walmart, BMO Capital Markets, Brands Locations: Pasadena , California, Homegoods, Ross

☆ NASA's Webb Space Telescope discovered 3 rare galaxies that can help astronomers study the cosmic dark ages
▼ + stars: | 2024-05-24 | by ( Lloyd Lee | Jessica Orwig | ) www.businessinsider.com time to read: +3 min

Read previewNASA's James Webb Space Telescope has detected three galaxies as they were likely forming during the universe's infancy, the space agency said Thursday. And it's all thanks to the tremendous observing power of the James Webb Telescope. AdvertisementThe James Webb Space Telescope helps astronomers study the very early universe. The Cosmic Dark AgesJames Webb Space Telescope has revealed 45,000 galaxies in this image, hundreds of which have never been seen until now. Astronomers study the Era of Reionization to understand the very early moments in our universe when galaxies and stars first formed and how.

Persons: —, James Webb, Webb, Kasper Heintz, NASA Heintz, Brant Robertson, Ben Johnson, Sandro Tacchella, Marcia Rieke, Daniel Eisenstein, Heintz Organizations: Service, NASA, Business, James Webb Telescope, University of Copenhagen, James Webb Space Telescope, ESA, CSA, UC, UC Santa Cruz, CfA, University of Arizona Locations: Denmark, UC Santa, Cambridge

☆ Memorial Day holiday expected to see high air travel numbers, says GasBuddy's Patrick De Haan
▼ + stars: | 2024-05-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMemorial Day holiday expected to see high air travel numbers, says GasBuddy's Patrick De HaanPatrick De Haan, GasBuddy head of petroleum analysis, joins 'Squawk Box' to discuss what to expect from gas prices this summer travel season, where it's possible for gas prices to rise, and how much lower travel is a function of higher prices.

Persons: GasBuddy's Patrick De Haan Patrick De Haan, GasBuddy

The information for the following product(s) has been collected independently by Business Insider: Wyndham Rewards® Earner Plus Card, Wyndham Rewards® Earner Card, Wyndham Rewards® Earner Business Card, Capital One Spark Miles for Business†, Capital One Spark Miles Select for Business†. Introduction to Wyndham RewardsWhile it's often overshadowed by bigger and flashier hotel loyalty programs, Wyndham Rewards deserves some attention, too. How to join Wyndham Rewards and start earning points and elite statusTravelers can enroll in Wyndham Rewards for free, and automatically receive free Wi-Fi during stays. Earning Wyndham pointsThere are myriad ways to accumulate Wyndham points, beginning with the most obvious option: Hotel stays through Wyndham. Wyndham Rewards frequently asked questionsHow can I earn Wyndham Rewards points without staying at a hotel?

Persons: Wyndham, Howard Johnson, gofree Wyndham, Cardholders, cardholders, Wyndham Timeshare, you'll, it's, Wyndham Rewards, redemptions, Maui Oceanfront, Redemptions, Eric Rosen Eric Rosen, Condé Organizations: Business, Wyndham Rewards, Wyndham, Business †, Vacasa, Read, Wyndham Grand, Ramada, Marriott Bonvoy, Hilton, Diamond, Base, Caesars Entertainment, Walmart, Target, Avis, Caesars, Staples, Lowes, Apple, Marathon Gas, Wyndham Hotels, Club Wyndham, Caesars Rewards, Costco, National Parks Conservation Association, National Geographic, Bloomberg Locations: AmericInn, La, Travelodge, North America, Belize, Costa Rica, Wyndham, Paris, Las Vegas, Macy's, Grubhub, Waikiki, Oahu, Kona, Hai Villas, Kauai, Chevron, Los Angeles, Australia, Kenya, Laos

☆ Biden has a plan to lower gas prices. It’s filled with caveats
▼ + stars: | 2024-05-24 | by ( Samantha Delouya | ) edition.cnn.com time to read: +4 min

Road trips, in particular, are expected to set a record, which could send gas prices higher. But, just as a US president cannot solely take the blame for surging oil prices, nor can he or she, in most cases, be entirely credited for steadying prices. “This is a non-starter and won’t do much to lower gas prices,” GasBuddy’s Patrick DeHaan said. In the wake of Russia’s invasion of Ukraine in 2022, Biden attempted to stem rising oil prices by authorizing the release of 180 million barrels of oil in coordination with US allies overseas. Gas prices have remained steady in recent weeks after rising sharply at the end of winter.

Persons: Biden, Jennifer Granholm, –, ” GasBuddy’s Patrick DeHaan, Obama’s, Sandy, Tom Kloza, ”, Kloza, Matt Egan Organizations: CNN, AAA, Federal Aviation Administration, Gasoline Supply, ”, Congress, US Energy Information Administration, US Department of Energy, Oil Price Information Service Locations: New York, Maine, Ukraine

☆ Biden's gasoline sale likely won't have a major impact on summer pump prices
▼ + stars: | 2024-05-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

Gas prices trending lowerOil prices surged last month as Israel and OPEC member Iran stood on the brink of war, raising concern at the White House that gasoline prices could jump heading into the summer. When adjusting for inflation, pump prices are about 2% lower compared to last year, according to the Energy Information Administration. Even in costly California, gasoline prices are down about 27 cents over the past four weeks, he said. But de Haan said gasoline prices will likely edge lower through the Fourth of July holiday as refiners increase output, which should keep downward pressure on pump prices. "Since the pandemic, the summer driving season has not seen a surge in demand, which can push pump prices higher," said Gross, the AAA spokesperson.

Persons: Kevin Carter, Biden, Patrick de Haan, It's, de Haan, Andrew Gross, De Haan, Superstorm Sandy, Donald, Trump, Brent, Gross Organizations: Getty, The Department of Energy, Northeast Gasoline Supply, AAA, Energy Information Administration, Congress, Reserve Locations: San Diego, San Diego , California, Israel, Iran, California

The nation’s highways and airports are expected to be crowded with people marking the unofficial start of summer this Memorial Day weekend. Travel volumes are expected to surpass pre-pandemic levels, according to recent data from the FAA and AAA. Last year, TSA reported passenger volumes that slightly exceeded those of 2019 for the stretch from Thursday before Memorial Day to the Wednesday after. AAA also forecasts a significant surge in air travel, with more than 3.5 million people expected to fly over Memorial Day weekend in 2024, reflecting a 9% increase from 2019. For the more than 38 million travelers AAA projects will drive, gas prices will average around $3.65 per gallon nationally, as of May 23.

Persons: — Organizations: FAA, AAA, TSA Locations: West, California, Mississippi

☆ These Teens Adopted an Orphaned Oil Well. Their Goal: Shut It Down.
▼ + stars: | 2024-05-24 | by ( Delger Erdenesanaa | ) www.nytimes.com time to read: +1 min

As a child in Bolivia, Mateo De La Rocha told his family he wanted to work as a garbage man when he grew up. In La Paz, his home city at the time, trash piles were everywhere. In Mr. De La Rocha’s eyes, the local sanitation worker was the only person cleaning up pollution. As many as 3.9 million abandoned and aging oil and gas wells dot the United States, according to the Environmental Protection Agency. estimates that abandoned wells collectively released 303,000 metric tons of methane in 2022, roughly equivalent to how much carbon dioxide 23 gas-burning power plants might release in one year.

Persons: Mateo De La Rocha, De, ”, De La Rocha Organizations: Paz, Environmental Protection Agency Locations: Bolivia, United States, Cary, N.C, Ohio

☆ Google AI said to put glue in pizza — so I made a pizza with glue and ate it
▼ + stars: | 2024-05-24 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +7 min

I knew my assignment: I had to make the Google glue pizza. But now I'm an adult and can't be shamed for eating glue pizza.) AdvertisementIt appears that the origin of the pizza glue was a joke made on Reddit 11 years ago about adding glue to sauce. Presumably, Google AI search results will improve, and these weird flukes of bad results will become increasingly rare. DO NOT EAT GLUE PIZZA.

Persons: —, it's, It's, minty, Katie Notopoulos, DKdCa6LUap, Scarlett Johansson Organizations: Service, NHL, University of Wisconsin, Business, Google

☆ Inflation isn’t keeping Americans from having fun this Memorial Day weekend
▼ + stars: | 2024-05-24 | by ( Alicia Wallace | Krystal Hur | ) edition.cnn.com time to read: +5 min

And this Memorial Day weekend could be a case in point: Travelers are expected to come out in record-setting droves. Three-plus years of high inflation have taken their toll on Americans’ budgets and, especially, their mindsets. Inflation has slowed during the past couple of years, pulling back significantly from its peak of 9.1% in June 2022. Americans, especially lower-income consumers, have pulled back spending at retailers as goods inflation outpaces wage growth. Pandemic-era savings have been spent while sticky inflation and high inflation rates eat into household budgets.

Persons: ” Gus Faucher, Price, ” Faucher, Taylor, it’s, ”, Ed Bastian, Swift, Delta, Taylor Swift’s, That’s, Kathleen Oberg, “, Peter Kern Organizations: New, New York CNN, Transportation Security, TSA, PNC Financial Services, CNN, Consumer, Mickey Consumer, Commerce Department, Disney, Delta Air, ” United Airlines, Mastercard, Institute, Marriott International, Marriott, Expedia Group Locations: New York, United States, Hong Kong, Europe

☆ The dramatic 'Furiosa' ending, explained
▼ + stars: | 2024-05-24 | by ( Jason Guerrasio | Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

The ending features a dramatic showdown between Furiosa and Dementus in the middle of the WastelandChris Hemsworth in "Furiosa: A Mad Max Saga." Warner Bros.At the conclusion of the movie, Furiosa teams with Immortan Joe to successfully end Dementus's reign at the Gas Town outpost, which is known as "The 40-Day War." The fate of Dementus is a shocking oneDementus' ending is a dramatic one. Now, we see that under Furiosa's care, the pit created a massive peach tree with an elderly and emaciated Dementus as the root. AdvertisementThe final shot of the movie shows Furiosa hiding the wives in the War Rig, ending the movie the night before the events of "Fury Road" begin.

Persons: —, Max, Anya Taylor, Joy, Chris Hemsworth, Immortan Joe, Furiosa's, Dementus, Furiosa, Mary Jo Bassa, Charlee Fraser, he's, George Miller, Praetorian Jack, Miller Organizations: Service, Business, Warner Bros, Gas, Breeders, Fury Locations: Furiosa

☆ Thomas Midgley Jr.: The man who almost destroyed the planet (twice)
▼ + stars: | 2024-05-24 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +12 min

CNN —Facing a crowd of journalists, inventor Thomas Midgley Jr. poured a lead additive over his hands and then proceeded to inhale its fumes for about a minute. Unfazed, he said, “I could do this every day without getting any health problems whatsoever.”Soon afterward, Midgley needed medical treatment. The task of addressing the issue of engine knocking fell to Midgley while he was working at General Motors in 1916. An estimated 1 million people a year still die from lead poisoning, according to the World Health Organization. The toxicity of lead was already well-known when Midgley added it to gas, but that didn’t stop Ethyl from becoming a commercial success.

Persons: Thomas Midgley Jr, “, ”, Midgley, —, Ford, Gerald Markowitz, Colin Creitz, Charles Kettering, ” Markowitz, ” Midgley, Bill Kovarik, Midgley —, Kettering —, Freon, Joe Sohm, CFCs, Perkin, Priestley, Kettering, Willard Gibbs, Carl E, ” Kovarik, Markowitz, I’m Organizations: CNN, General Motors, City University of New, GM, Standard Oil, DuPont, Network, UNICEF, World Health Organization, Radford University, America, Montreal Protocol, International Association for Suicide Prevention, Befrienders, Society of Chemical Industry, American Chemical Society, National Academy of Sciences, TNT, Linde Locations: Beaver Falls , Pennsylvania, United States, City University of New York, Algeria, American, Dayton , Ohio, Virginia, Montreal, Chicago

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