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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Holtec, Entergy and Hyundai E&C Announce MOA to Analyze Potential SMR-300 Projects in Gulf South

LCG, August 5, 2026-- Holtec International, Entergy Services, LLC, and Hyundai Engineering & Construction Co., Ltd. (HDEC) yesterday announced their strategic collaboration to evaluate opportunities to advance the potential deployment of Holtec’s SMR-300 advanced small modular reactor (SMR) and supply carbon-free, reliable, base-load power to meet the increasing electricity demands of large-load industrial facilities, advanced manufacturing, and AI-driven data centers throughout the U.S. Gulf South.

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Industry News

Peoples Energy to Cut Payroll through Retirements

LCG, Aug. 2, 2001Midwestern natural gas company Peoples Energy Corp. said yesterday it would offer 170 non-union, non-officer employees early retirement as a means of reducing its payroll.

"This program continues our efforts to ensure profitability through increased efficiency and improvedservice," said Tom Patrick, president and chief operating officer. "It will enable us to accelerate the benefits of process improvements now underway."

The company said employees who accept the offerwill retire effective Dec. 1, 2001, though an employee may be required to postpone retirement under the program beyond December 1 in order to provide for a smooth transition.

"The program will result in a one-time charge to fiscal 2001 earnings," said Jim Luebbers, chieffinancial officer. "Assuming 50 percent of eligible employees participate, the program is estimated to yield annual labor savings of about $7 million." Benefit payments will be borne by the company's pension plan trust, which the company says will continue to be well funded.

Peoples serves about 1 million retail natural gas customers in Chicago and northeastern Illinois.

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