Remembering JRD Tata: Maverick entrepreneur and visionary par excellence https://ift.tt/3g8NRVv

July 29 marks the 116th Birth Anniversary of Jehangir Ratanji Dadabhoy Tata, popularly known as J.R.D Tata who was more than just an industrialist. Tata was a visionary man who strongly believed in the welfare of employees. JRD was the son of eminent businessman Ratani Dada Dadabhoy Tata and Suzanne Briere. Interestingly, is mother was the first woman in India to drive a car.

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New top story from Time: All 53 People Aboard Indonesia Submarine Declared Dead After Vessel’s Wreckage Found

https://ift.tt/3ezrzg5 ANYUWANGI, Indonesia — Indonesia’s military on Sunday officially said all 53 crew members from a submarine that sank and broke apart last week are dead, and that search teams had located the vessel’s wreckage on the ocean floor. The grim announcement comes a day after Indonesia said the submarine was considered sunk, not merely missing , but did not explicitly say whether the crew was dead. Officials had also said the KRI Nanggala 402’s oxygen supply would have run out early Saturday, three days after vessel went missing off the resort island of Bali. “We received underwater pictures that are confirmed as the parts of the submarine, including its rear vertical rudder, anchors, outer pressure body, embossed dive rudder and other ship parts,” military chief Hadi Tjahjanto told reporters in Bali on Sunday. “With this authentic evidence, we can declare that KRI Nanggala 402 has sunk and all the crew members are dead,” Tjahjanto said. An underwater ro...

New top story from Time: As Myanmar’s Junta Intensifies Its Crackdown, Pro-Democracy Protesters Prepare for Civil War

https://ift.tt/3cUWeEQ Before the Feb. 1 coup, Zarni Win* worked for a United Nations-funded committee that monitored a ceasefire between Myanmar’s junta and ethnic armed groups. Today, the 27-year-old from Yangon, the country’s largest city, is getting ready to enlist in one of those groups herself. “Now is the time to start preparing to eliminate the terrorist military,” she tells TIME. “I am ready to join the armed revolution.” Myanmar is veering dangerously toward all-out civil war as the military, known as the Tatmadaw, terrorizes the public , and attacks restive ethnic territories. The U.N. special envoy for Myanmar, Christine Schraner Burgener, warned on Mar. 31 that “a bloodbath is imminent.” In an online presentation cited by the Associated Press, she said civil war “at an unprecedented scale” was a possibility and spoke of Myanmar’s deterioration into a “failed state.” Protesters in Myanmar have maintained a largely peaceful resistance to dictatorship since ...

New top story from Time: The Free Market is Dead: What Will Replace It?

https://ift.tt/32Q9kgW Big meetings in the Oval Office in the time of Covid-19 are rare, but two weeks into his presidency, President Joe Biden decided to make an exception. It was only a few days after the nation’s coronavirus case count peaked in late January, and Biden sat on a stately beige chair, double masked and flanked by Vice President Kamala Harris and newly confirmed Treasury Secretary, Janet Yellen. The leaders of some of the nation’s largest businesses like Wal-Mart and J.P. Morgan Chase had come to the White House that day to talk economic stimulus. But the real surprise attendee was the head of America’s largest business advocacy group, the Chamber of Commerce, Tom Donohue. Under Donohue’s leadership over the past two decades, the Chamber had effectively become an organ of the Republican party, handsomely rewarding conservatives who worked to dismantle public programs and the regulatory state with campaign donations and support. Donohue said little, but he ...

New top story from Time: Minneapolis Cops Involved in Fatal Shooting Get Separate Attorneys, Signaling Movement in 2013 Case

https://ift.tt/3iBH0XK Five Minneapolis police officers involved in the shooting death of an unarmed young Black man in 2013 have retained separate lawyers, a new sign of movement in the investigation into the controversial killing and an indication that officers could testify against each other if any is prosecuted. Relatives of 22-year-old Terrance Franklin have always alleged that police lied about the circumstances of Franklin’s death, and the Hennepin County Attorney, Michael Freeman, told TIME in July that the case “troubles” him. Only two of the five officers present during Franklin’s death fired the fatal shots, and when they shared attorneys, all five gave similar accounts and cast the shooting as self-defense. As laid out in a TIME examination of the case , their common account has since been contradicted by forensic evidence gathered by Franklin’s family, who term his death an assassination. [time-brightcove not-tgx=”true”] Family members are pressing for crimin...

New top story from Time: Almost Every Doctor Recommends Sunscreen. So Why Don’t We Know More About Its Safety?

https://ift.tt/3llOUXn Each year, as Memorial Day approaches, Holly Thaggard braces herself for the headlines. About how sunscreen may be damaging coral reefs . About the possible flammability of spray-on sunscreen . Headlines—as there were this year—about how sunscreen contains chemicals that could harm your health . “This has happened every single year for the last decade of my life,” says Thaggard, founder of Texas-based Supergoop, a sunscreen company that brands itself as reef-safe and free of hundreds of potentially problematic ingredients. This year, the is-sunscreen-dangerous news cycle started in May, when Valisure, an independent laboratory dedicated to quality-testing pharmaceuticals and personal-care products, released a report warning that its scientists found benzene—a carcinogen also found in vehicle emissions and cigarette smoke—in 78 U.S. sun-care products. Benzene is not an ingredient in sunscreens, but rather a contaminant likely introduced during the manu...

New top story from Time: Ireland Abandons 12.5% Tax Pledge as Global Deal Races to Finish

https://ift.tt/3iFmrts Ireland is ready to sign up to a proposed global agreement for a minimum tax on companies, a climbdown that removes one hurdle to an unprecedented deal that would reshape the landscape for multinationals. On the eve of a key meeting between 140 countries hosted by the Organization for Economic Cooperation and Development, the Irish government said it will join the push for a floor of 15% levied on profits of corporate entities. “This agreement is a balance between our tax competitiveness and our broader place in the world,” Irish Finance Minister Paschal Donohoe said in a statement Thursday evening announcing the pledge. The decision “will ensure that Ireland is part of the solution in respect to the future international tax framework.” [time-brightcove not-tgx=”true”] The rate agreed is 2.5 percentage points higher than the longstanding level that has been a pillar of Ireland’s economic model for a generation, underscoring its huge symbolic signifi...

New top story from Time: Germany Has Officially Recognized Colonial-Era Atrocities in Namibia. But For Some, Reconciliation Is a Long Way Off

https://ift.tt/3fVRkaO The German government formally recognized colonial-era atrocities against the Herero and Nama people in modern-day Namibia for the first time, referring to the early 20th century massacres as “genocide” on Friday and pledging to pay a “ gesture to recognize the immense suffering inflicted.” “In light of the historical and moral responsibility of Germany, we will ask Namibia and the descendants of the victims for forgiveness,” said German Foreign Minister Heiko Maas in a statement , adding that the German government will fund projects related to “reconstruction and the development” of Namibia amounting to €1.1 billion ($1.3 billion). The sum will be paid out over 30 years and must primarily benefit the descendants of the Herero and Nama, Agence France-Presse reported . [time-brightcove not-tgx=”true”] Although it’s a significant step for a once colonial power to agree such a deal with a former colony, there’s skepticism among some experts and ob...

New top story from Time: The Blocked Suez Canal Isn’t the Only Waterway the World Should Be Worried About

https://ift.tt/39rG7fN I’ve sailed through the Suez Canal many times—as a junior officer, a captain of a destroyer, a commodore in command of a group of destroyers, and as a strike group commander on the nuclear aircraft carrier Enterprise . It is a fascinating trip, and dangerous in a variety of ways. At various times, the terrorist threat was very high and we went through with crew-served weapons manned fore and aft, and helicopters over head. Exhaustion for the senior leaders tends to be a factor as it is a long passage. As a ship’s captain, I almost went aground in the Great Bitter Lake, as the Suez is called, after a couple of bad navigational decisions on my part, but, fortunately, my navigator saved my career with some good advice. But as we’ve all seen over the past few days, it can be dangerous from the perspective of seemingly simple and routine marine operations. The grounding and wedging athwart the canal of the Ever Given is beyond unusual, and hopefully ther...

New top story from Time: I Found a Rainbow At the End of My Hunt For a Vaccine Appointment

https://ift.tt/3dt1i2v A version of this article also appeared in the It’s Not Just You newsletter. Sign up here to receive a new edition every Sunday. CHASING RAINBOWS (AND VACCINES) We humans are notoriously unreliable, superstitious narrators, always scanning the horizon for signs that validate what our hearts have already told us. Take me, for example. I keep telling people I was vaccinated at Hogwarts’ Manhattan campus under the waxing moon (it was a gibbous moon to be exact). How auspicious! Ok, so my COVID-vax site was really The City College of New York . But stepping through its big old gothic gates to receive a blessing of science was wondrous, maybe a little spiritual. There was even a rainbow-y halo around that big moon, another lucky omen if you’re hungry for such things. I started digging for lore on moons and rainbows and learned that the physics of rainbows doesn’t detract from the mythical place they have in our cultural imaginations. In fact ...

New top story from Time: The Heartbreak and Horror of Being an EMT During the Pandemic—and Why I’m Still Working

https://ift.tt/3cC9fTO When COVID-19 erupted in New York City last spring , it forced me to make a decision as to whether or not I would work the disaster as an emergency medical technician. Unlike the thousands of New York City EMTs and paramedics who ride on ambulances for the city, private transport companies and hospitals, as a volunteer EMT I rode for free, so I had a choice about what part I would play in the pandemic. When calls for “sick-fever-cough” patients started to infiltrate the city’s 911 system last March, every first responder I know was terrified. I was, too. One night my EMT partner and I sat in my car after a tour and had a long existential conversation. Was volunteering to work as EMTs during a lethal contagion the stupidest thing we could do? Or was it the most self-sacrificing? In the end I decided to ride. I was far from the only rescuer who wanted to be of service when crisis struck. An army of almost 90,000 health care workers volunteered to ste...

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