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Congress is finally moving this week on the Inflation Reduction Act , a bill that could drive a 40% reduction in carbon emissions over the next decade. But another government arm, the Nuclear Regulatory Commission, made its own (far quieter) news this month when it gave final certification to a new kind of nuclear reactor called a small modular reactor (SMR). While the announcement received basically no fanfare, proponents say it could play an important role in decarbonizing the world’s energy supply. advertisement advertisement The agency first performed a safety review of reactor company NuScale Power’s SMR design in 2020. A year later, the NRC completed its standard rulemaking process, which included a review of public comments. On August 2, the commission issued a final approval for the SMR, though NuScale says it’s unlikely to become operational until 2029. Technically, nuclear power is capable of delivering large amounts of emissions-free … [Read more...] about Small nuclear reactors finally get the nod from regulators, but they still have a lot to prove

Staring at a lengthy dinner menu while eating out last night, I couldn’t bring myself to contemplate its many choices, however delightful. “I’ll just take whatever is most popular,” I said when the waiter arrived. For a foodie like me, what? Decision fatigue is what. advertisement advertisement Every day, we face thousands of decisions, both big and small—from what to wear, to what to eat, to what to say and how to say it, to whether to change jobs or careers. In total, this amounts to approximately 35,000 remotely conscious decisions a day. And while this number sounds absurd, researchers at Cornell showed that we make 226 decisions each day on food alone. When we face so many choices and make decision after decision, it depletes our mental energy and willpower . This biological price tag is called decision fatigue —or a state of cognitive overload and strain that can hamper your ability to make additional decisions. In this state, our … [Read more...] about How to make decision fatigue more bearable

Did you ever have to write a letter to your younger self at school? It’s a humbling feeling to look back and wonder what you wish you could have communicated to your past self. advertisement advertisement As I develop my next venture, 2045 Studio, I realize how much more I know now than eight years ago, when I quit my job in finance and took a terrific gamble on my career. When I started building my first business, Jopwell , I knew I was up against difficult odds. For one, I had never started a business before (I was only 24!). I was not (and still am not) an engineer.  And I was going to be a Black founder. That last point means that I belong to a group that, at the time, received less than 1% of venture capital funds. In 2021, 8 years later, that number had only increased to 1.4%. advertisement advertisement Another obstacle at that time which still exists today was the lack of representation at the investor … [Read more...] about Black founders only receive 1.4% VC funds—here’s how to change that

This story is part of Fast Company’s Most Creative People in Business 2022 . Explore the full list of innovators who broke through this year—and had an impact on the world around us. advertisement In a world hammered by climate change, natural disasters like tornadoes, hurricanes, floods, and fires are becoming a grim way of life, especially for the labor force that treks from one region to another to perform disaster recovery work. Too often, that means toiling in dangerous conditions with virtually no labor protections, and—especially for those who are undocumented—being vulnerable to wage theft and other abuses. “These [are] the equivalents of the farmworkers of yesteryear, who would travel from crop to crop, season after season” without any recourse against bad employers, says Saket Soni, cofounder and executive director of the nonprofit Resilience Force . Soni started his organization five years ago, to advocate for those workers and reframe their labor as … [Read more...] about This activist is organizing disaster recovery workers into a powerful labor force

This story is part of Fast Company’s Most Creative People in Business 2022 . Explore the full list of innovators who broke through this year—and had an impact on the world around us. advertisement advertisement While mastering Tuareg musician Mdou Moctar’s acclaimed 2021 album, Afrique Victime , audio engineer Heba Kadry had one overarching priority: to ensure that the sound would translate on tinny cell-phone speakers because that’s primarily how people in Moctar’s native Niger listen to music. It wasn’t an impossible task—making sure the music had presence in the midrange, while not sounding too harsh—but it was an excitingly unconventional one that spoke to Kadry’s philosophy. “Music is about how we connect to each other,” she says, “and how we tell our stories.” While digital technology has made producing and engineering music a faster and more accessible process, Kadry still leans primarily on her analog outboard hardware rather than … [Read more...] about Why the audio engineer behind your favorite indie albums sticks to analog

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Blame it on hometown migration, elevated attrition levels or a scenario where 30-40 percent of the employees in an organization are less that two years old, the IT industry is in a perfect storm, believes Wipro Chairman Rishad Premji . Speaking at an event organized by the Bangalore Chamber of Industry and Commerce, Premji said that those living in cities such as Bengaluru, Hyderabad, Chennai, Mumbai or Pune have gone back to their hometowns, with no active interest in necessarily returning to big cities. This, he feels, is a huge challenge for the industry despite growth since it becomes a question of how to build culture. It may be noteworthy that the IT industry has been reporting elevated attrition of late. The COVID-induced crisis led to a dramatic rise in the demand for tech … [Read more...] about Wipro’s Rishad Premji feels Indian IT is in a perfect storm; here’s why

(Image: Reuters) The COVID-19 test positivity rate (TPR) in 144 districts in India has breached the 10 percent mark yet again while 159 districts are reporting a positivity rate between 5 percent and 10 percent. As per the World Health Organisation, a TPR of under 5 percent is a sign of the pandemic being under control, and adequate public health measures are recommended for districts falling beyond this category. On August 10, India reported 16,047 new coronavirus cases, which was more than 25 percent higher than the previous day, and 54 new deaths which included 6 backlog fatalities. The total number of active cases, however, dropped by over 3,500. The highest TPRs are being reported from several districts in Andhra Pradesh, Arunachal Pradesh, Assam, Delhi, Haryana, Kerala and Mizoram. Delhi on Tuesday registered 2,495 new cases and a TPR of 15.41 percent, the highest since January this year. However, the country’s top health administrators are still calling the rise … [Read more...] about COVID-19 test positivity rate shoots over 10% in 144 districts; watching hospitalisation, death patterns in states, says govt

Representative image India’s medical education regulator has now applied for recognition by the World Medical Education Federation (WMFE), failing which Indian medical graduates will not be eligible to appear for the United States Medical Licentiate Examination (USMLE) for postgraduate training. Starting 2024, individuals applying for the Education Commission for Foreign Medical Graduates (ECFMG) certification must be a student or graduate of a medical school that is accredited by a regulatory agency duly recognised by the WMFE. WMFE is an international organisation working to improve the quality of medical training and it operates in partnership with the World Health Organisation and the World Medical Association. “We have extended our application for WMFE recognition with details such as how we offer affiliation to medical colleges in India and the plans to strengthen the accreditation process further in order to improve the quality of medical training,” said a senior … [Read more...] about MC Exclusive | NMC seeks accreditation for global recognition of India’s medical colleges

Representative image The Directorate General of Civil Aviation (DGCA) on August 10 issued the guidelines for medical examination of transgenders applying for pilot licence, stating that they would be evaluated on a "case-to-case" basis. The guidelines have been released in the aftermath of the row that erupted following the denial of licence to transgender pilot aspirant Adam Harry , who was declared "unfit" by the aviation sector regulator earlier this year. The DGCA, in its latest circular, said, "A transgender applicant's medical fitness shall be assessed on a 'case to case' basis following the principles of assessing their functional ability and risk of incapacitation while exercising the privileges of their respective licences/ratings." The applicants would be first subjected to an evaluation by a Class 2 or Class 3 medical officer, who will "obtain a detailed report from their treating specialist". The medical assessors, however, will not issue them a fitness … [Read more...] about DGCA issues medical examination guidelines for transgenders seeking pilot licence. Check details

Keeping shelves stocked has been anything but a straightforward task for retail businesses over the past two years. Ongoing supply chain snags and changing customer preference due to the pandemic have forced many businesses to completely rethink the way they stock their shelves to accommodate supply shortages, shifting demand, and ongoing inflation --here are the strategies that seem to be working. Think short term When the pandemic started, Austin-based cleaning products company Branch Basics saw demand skyrocket overnight. Quickly, CEO Tim Murphy made the decision to hire an experienced demand planner, who still works for the company. "Once a month, we do supply and demand chain analysis, and make our best estimates of what we need to order, given that lead times have gone berserk," he says. With a supply chain expert on board, Murphy says that the company has been able to better predict potential issues, which could stem from small details; if trigger sprayers … [Read more...] about Lingering Inflation and Tangled Supply Chains Mean You Need to Rethink Your Inventory Strategy