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☆ Consumers may soon get access to a share of $8.8 billion in Inflation Reduction Act home energy rebates
▼ + stars: | 2024-04-22 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

The IRA splits $8.8 billion in total rebate funding between two programs: the Home Efficiency Rebates program and the Home Electrification and Appliance Rebates program. The Home Electrification and Appliance Rebates program The Home Electrification and Appliance Rebates program pays consumers a maximum amount of money for buying specific technologies and services, Saul Rinaldi said. Home Efficiency Rebates program Conversely, the Home Efficiency Rebates program is technology-neutral, Saul Rinaldi said. Larger rebates flow to those who cut more energy, Saul Rinaldi said. In this way, the Home Efficiency Rebate's value can technically exceed that of the Home Electrification and Appliance Rebates program, Zelmar said.

Persons: Zelmar, Jan, Biden, Kara Saul Rinaldi, Saul Rinaldi Organizations: Energy Department, AnnDyl, U.S . Department of Housing, Urban Locations: Arizona , California , Colorado , Georgia, Hawaii , Indiana , Minnesota , New Hampshire , New Mexico , Oregon, Washington, Georgia, Oregon , Indiana, New Mexico

☆ Don’t look now but gas prices are rising fast
▼ + stars: | 2024-02-16 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

Gas prices always rise as winter winds down because demand increases and gas stations must switch over to more expensive summer fuel. No matter the cause, rising gas prices are bad news for consumers already frustrated by the cost of living. And they undercut the election year message of a White House that previously pointed to cheap gas prices as evidence that Bidenomics is working. First, oil prices — the main driver of retail gas prices — tend to increase during this time of the year. For instance, without the usual backstop, last summer’s historic heatwave that knocked some refineries offline unexpectedly lifted gas prices across the country.

Persons: New York CNN —, ”, Patrick De Haan, doesn’t, De Haan, That’s, Andy Lipow, It’s, BP’s Whiting, Whiting, Lipow, ” Lipow Organizations: New, New York CNN, AAA, ’, Lipow Oil Associates, ”, BP, heatwave Locations: New York, Washington, Southern California, Indiana, Midwest, Ohio, Illinois, Colorado , Utah, Arizona, New Mexico, Colorado, That’s, Israel, Iran, Saudi Arabia

☆ A UK supermarket chain is firing its self-checkout stations and bringing back real people as cashiers
▼ + stars: | 2023-11-12 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

UK supermarket chain Booths is doing away with self-checkout stations in almost all its stores. AdvertisementAdvertisementBooths, a high-end supermarket chain in the UK, is swapping out its self-checkout stations with manned cashiers in the majority of its stores. The chain will retain self-checkout stations in only two out of its 28 stores, according to the BBC. Booths is believed to be the first UK supermarket chain that's doing away with self-checkout stations, according to the BBC. By eliminating those small interactions between customers and cashiers, self-checkout stations could also be contributing to a broader loneliness epidemic .

Persons: —, Nigel Murray Organizations: Walmart, Costco, Service, BBC, BBC Radio Lancashire, PlayUSA Locations: Albuquerque , New Mexico

☆ What tie-ups in the U.S. oil patch could mean for players like Coterra Energy
▼ + stars: | 2023-10-19 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

While we don't own companies as mergers-and-acquisition plays, the potential for more tie-ups could have significant implications for our remaining oil name: Coterra Energy (CTRA). Chevron's market cap is around $324 billion, while ConocoPhillips is worth roughly $152 billion, based on Thursday's stock prices. Companies in this basket could include Coterra, Devon Energy (DVN) and Diamondback Energy (FANG). Coterra is valued at roughly $22.4 billion Thursday, while Devon and Diamondback are valued at $31.7 billion and $30.5 billion, respectively. The shift has generally been positive for the stock prices of oil companies.

Persons: Gabriele Sorbara, Siebert Williams Shank, Nitin Kumar, I'm, Kumar, Pioneer's, Devon, Paul Cheng, Cheng, Jim Cramer's, Mizuho's Kumar, Jim Cramer, Jim, Paul Ratje Organizations: Exxon Mobil, Natural Resources, Coterra Energy, Exxon, Co, Chevron, ConocoPhillips, Mizuho Securities, Companies, Devon Energy, Diamondback Energy, Marathon, Bloomberg, Scotiabank, Pioneer, Jim Cramer's Charitable Trust, CNBC, Afp, Getty Locations: U.S, West Texas, New Mexico, Coterra, Devon, Oklahoma, Houston

☆ Georgia indicted Trump for trying to overturn the 2020 election. Why hasn't any other state?
▼ + stars: | 2023-09-10 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +13 min

Georgia is the only state to indict Donald Trump for trying to overturn the 2020 election. Donald Trump and his merry band of indicted lawyers and fake electors tried to overturn the 2020 election results in Pennsylvania, Wisconsin, Arizona, New Mexico, and Michigan. Trump went further in Georgia than in any other state to overturn the results of the election. REUTERS/Elijah NouvelageIn addition to bringing criminal charges against Trump personally, Smith is examining other modes of interference in the 2020 election. "Those who wish to avoid felony charges in Fulton County, Georgia — including violations of Georgia RICO law — should not commit felonies in Fulton County, Georgia," Willis wrote.

Persons: Donald Trump, Trump, Fani Willis, David Graham, plumb, Norm Eisen, Amy Lee Copeland, Jack Smith, haven't, Elijah Nouvelage, Smith, Kathy Boockvar, Joe Biden, Boockvar, it's, Dana Nessel, Nessel, Alex Brandon Wisconsin, Josh Kaul, Aaron Ford, Josh Shapiro, Willis, schoolteachers, John E, Floyd, Eisen, Brad Raffensperger, Ronald Carlson, Brad, Joe Raedle, Jim Jordan of, shouldn't, —, Jordan, Floyd — Organizations: Service, Peach State, The New York Times ., Trump, DOJ, Capitol, New Mexico —, Justice Department, Washington, Washington Post, Security, Republican, RICO, Office, Brookings Institution, Biden, University of Georgia School of Law, Trump Force, State Locations: Georgia, Michigan , Wisconsin , Pennsylvania, Wall, Silicon, Pennsylvania , Wisconsin , Arizona, New Mexico, Michigan, Fulton County, Atlanta, The, Arizona, Pennsylvania, Nevada , New Mexico, Wisconsin, Michigan , Wisconsin, Georgia , Michigan, Fulton, Jim Jordan of Ohio, Fulton County , Georgia

☆ How atomic bombs work and why Manhattan Project scientists designed two types of bombs during WWII
▼ + stars: | 2023-08-09 | by ( Adam Barnes | ) www.businessinsider.com time to read: +7 min

Atomic bombs work via a process called nuclear fission that involves atom splitting. Albert Einstein didn't make the first atomic bombs, but his famous equation explains how they work. Scene from the film "Oppenheimer," where Cillian Murphy stands next to the first ever atomic bomb to detonate. The scientists designed and completed two different types of atomic bombs because they weren't sure which method would work. Since scientists working on the Manhattan Project weren't quite sure if the plutonium bomb's implosion method would work, they decided to test one before it was used in the war.

Persons: Albert Einstein didn't, Oppenheimer, Cillian Murphy, J, Robert Oppenheimer —, they'd, Albert Einstein, Oppenheimer —, Amanda Macias, Sun, Robert Oppenheimer Organizations: Service, University of Nevada, Trinity, TNT, National Security Research, Los, Manhattan, Hiroshima . Little, Los Alamos National Laboratory Nuclear, Nagasaki . Locations: Wall, Silicon, University of Nevada Las Vegas, New Mexico, Hiroshima, Germany, Los Alamos, United States, Manhattan, Oak Ridge , Tennessee, Los, Hanford , Washington, Nagasaki

☆ Virgin Galactic's first space tourism flight is set to take off this week. Here are the players taking civilians to space.
▼ + stars: | 2023-08-08 | by ( Will Gendron | ) www.businessinsider.com time to read: +3 min

Virgin Galactic is set to launch its first space tourism flight on August 10. It marks a new era in space tourism for the company, which will have have monthly flights. Seats on a Virgin Galactic flight cost $450,000 each. This week, Virgin Galactic's first space tourism flight is set to take off from New Mexico — and three of the passengers on board aren't traditional astronauts. Virgin Galactic, Richard Branson's commercial space venture, was established in 2004 and completed its first commercial spaceflight in June.

Persons: Virgin Galactic's, Keisha Schahaff, Anastatia, Jon Goodwin, Richard Branson's, Goodwin, Jeff Bezos, Shepard, There's, Jared Issacman Organizations: Virgin Galactic, Virgin, New Mexico —, Caribbean, Galactic, Italian Air Force, National Research Council, Origin, Amazon, SpaceX, Elon Musk's, SpaceX's, Space, International Locations: New Mexico

On Tuesday, Phoenix was poised to break its own record for consecutive days of high temperatures of at least 110 degrees. The temperatures are “very extreme,” said Matt Salerno, a meteorologist with the National Weather Service in Phoenix. “We see people passing out from full-blown heat stroke with a core body temperature of 104 degrees,” he said. Credit... Go Nakamura/ReutersIn Texas, the heat this year has prompted cotton plants, especially in the southern parts of the state, to bloom early. The spot where he stood was already under a heat advisory, with heat indexes forecast to reach around 110 degrees on Tuesday.

Persons: Phoenix, ”, Mazey Christensen, Matt Salerno, “ We’re, Alex Guerrero, Adriana Zehbrauskas, Ramsay de, Charles Outen, Zach Stone, Rocky Martinez, Rebecca Noble, Dee Lee, Brandon Bell, Jerald Moser, Moser, Michael Crimmins, Go Nakamura, “, Josh McGinty, Mr, McGinty, Ralph Horton, Horton, Maggie Miles, Jack Healy, Sheryl Kornman Organizations: Sweet Republic, Phoenix . Business, National Weather Service, Phoenix Fire Department, The New York Times, Weather Service, Demuth Community Center, Salvation Army Tucson Hospitality House, Tucson Medical, University of Arizona, Houston ., Reuters, Texas Locations: Phoenix, Phoenix ., Santa Fe, New Mexico, Arizona, Northern, Michigan, New York, Vermont, Palm Springs, Calif, Southern California, Tucson, Ariz ., Ariz, Maricopa County, Ironwood, Marana, Houston, Reuters In Texas, Corpus Christi, Southern, Jackson, Miss, Montgomery, Ala, Tallahassee, Fla, Vicksburg, Texas, Mississippi

On Tuesday, Phoenix was poised to break its own record for consecutive days of high temperatures of at least 110 degrees. “We see people passing out from full-blown heat stroke with a core body temperature of 104 degrees,” he said. The persistent heat in the Southwest is the result of a high-pressure system that has been parked over the region for weeks. Credit... Go Nakamura/ReutersIn Texas, the heat this year has prompted cotton plants, especially in the southern parts of the state, to bloom early. The spot where he stood was already under a heat advisory, with heat indexes forecast to reach around 110 degrees on Tuesday.

☆ The US wants to cut carbon emissions from power plants. Here are the 15 states where coal is king.
▼ + stars: | 2023-05-15 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +3 min

The Biden administration proposed steep pollution cuts by coal- and gas-fired power plants. Most US electricity comes from fossil fuels — the sector creates 25% of the nation's emissions. Coal is the most polluting fossil fuel, and plants have been closing over the past decade. Most of the country's more than 3,400 fossil-fuel power plants would have to nearly eliminate their planet-warming greenhouse-gas emissions by 2040 under a proposal announced by the Environmental Protection Agency last week. Coal plants could also opt to shut down in the first half of the 2030s to avoid meeting most or even all pollution caps.

Persons: Biden, it's Organizations: Service, Environmental, Agency, EPA, Biden, US Energy Information Administration, West Virginia —, Missouri —, Wyoming, Kentucky —, Utah —, Indiana —, Dakota —, Nebraska —, Montana —, Wisconsin —, Colorado —, Mexico —, Arkansas —, Michigan —, Minnesota — Locations: Mexico

In cursive script, another vowed: “This is not the end.”Wednesday was the last day the Jackson Women’s Health Organization was legally allowed to perform abortions in Mississippi. Mississippi’s trigger law gave the Jackson Women’s Health Organization a 10-day window to continue operations after state Attorney General Lynn Fitch certified the Supreme Court’s ruling. Diane Derzis, owner of the Jackson Women's Health Organization, at a news conference on June 24. She fears that the fall of abortion rights, coupled with health care shortages in Mississippi’s poorest rural communities, will cost lives. “What we are is very grateful.”But he expressed doubt that Wednesday would be the final chapter in the fight over abortion rights in Mississippi — and the nation.

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