❌

Reading view

There are new articles available, click to refresh the page.

Human error blamed for Tokyo plane collision that killed 5

A Japan Airlines plane on fire on a runway of Tokyo's Haneda Airport on January 2, 2024
A Japan Airlines plane on fire on a runway of Tokyo's Haneda Airport on January 2, 2024.

STR/JIJI PRESS/AFP via Getty Images

  • A report concludes that human error caused the deadly collision at Tokyo's Haneda Airport in January.
  • The pilot of the Japan Coast Guard plane misinterpreted air traffic control instructions.
  • Limited visibility and air traffic control oversight were additional factors in the collision.

A report released Wednesday from the Japan Transport Safety Board concluded that human error was the primary cause of a deadly collision at Tokyo's Haneda Airport.

The incident occurred on January 2, 2024, when a Japan Airlines (JAL) passenger plane arriving from New Chitose Airport in Sapporo barreled into a Japan Coast Guard plane waiting on the runway.

According to the report, the Coast Guard pilot mistakenly believed he had clearance to enter the runway. The air traffic controller told the coast guard plane that it was "No. 1," meaning it was first in line to take off and meant to stop and wait at a holding point. The pilot misinterpreted the instruction, believing it to be permission to enter the runway for takeoff.

In the final moments before the collision, the Coast Guard pilot ordered his co-pilot to go through a checklist that is typically performed once final takeoff clearance has been granted. The pilot, who survived, told investigators he thought he heard "cleared for takeoff" from the control tower.

The report noted that the pilot said he was in a hurry, which could have contributed to the misinterpretation. The Coast Guard plane was traveling to the city of Niigata to deliver emergency supplies after recent earthquakes on Japan's west coast, and the pilot said he was worried about his crew getting home late from the mission.

The report said that there were other contributing factors to the collision: Air traffic control failed to realize that the Coast Guard plane had entered the runway, despite the runway occupancy alert, and the JAL plane didn't see the other aircraft as it was descending due to limited visibility. The accident occurred around 5:47 p.m., after sunset.

Five of the six people aboard the Coast Guard aircraft died. The pilot survived but was seriously injured.

All 379 passengers and crew on the passenger plane escaped just before the jet erupted into flames.

Read the original article on Business Insider

After my mom died, I thought I'd never enjoy the holidays again. It took me years to find joy in my grief.

Lonely women sitting at home during christmas
The author (not pictured) didn't feel like celebrating the holidays after the death of her mom.

Kerkez/Getty Images

  • My mom made the holidays special.
  • The first Christmas without her in 2018 I basically turned into The Grinch.
  • I re-found joy in the holidays while also grieving my loss.

My mother had a penchant for making things special.

She knew how to grab joy where she could. She decorated our home for every holiday, donning earrings and sweaters that matched the occasion.

On Christmas, she'd watch with joy while we opened her thoughtful gifts and ate our favorite holiday dishes. I don't remember a lot about the first Christmas without her in 2018. But for the next few years, like The Grinch, I wanted Christmas gone. If I'd had energy that wasn't solely dedicated to staying upright amidst my grief, I might have even taken down a Christmas tree or two in the night.

Nothing could compare to what my mom did

At 20-years-old, I didn't know how to make things special myself. I wasn't really interested in trying, either, or welcoming anyone else's efforts.

Nothing could compare to the holiday scene she'd set. No one else could make the food, decorate the house, or wrap the presents right.

I couldn't accept this truth: that everything would change. So I put a wall up between Christmas and I, white-knuckling my way through December. I didn't want to watch holiday movies or listen to holiday music. I wanted to dismiss it as any other insignificant day.

I'd get together with my family and try to pretend I was happy to be there, but I felt guilty for pretending and resentful of having to. Yet I didn't think not pretending was an option.

The thing about grief, though, is that with each year, the tide rose, washed away more grit, and left me softer.

I had to find beauty in things again

From the spring of 2019 through the spring of 2020, I spent a year living in Denver. I needed to change my surroundings β€” and make a change that was in my control β€” to teach my brain that there could be beauty in newness. I needed to learn what the newness would make of me.

When I returned to Michigan at the start of the pandemic, I returned as someone who had made new memories in a new place. It helped me accept that things could look different and still be good. The holidays could still be special if I wanted them to be.

During the Christmas of 2020, my sister and her family had COVID-19, so I stood outside their window in the snow for 15 minutes before going back to my apartment alone. I noticed, with sad poignancy, how much I wanted to be inside with her, my brother-in-law, my nephews, and my dad.

In 2021, I met my now wife, and I had the delicious instinct to make things special together. To create our own traditions. She prioritizes fun, and it rubbed off on me. I came to love taking part in her family's traditions, too. It became clear that there was so much celebration to go around, no matter what it looked like.

I look forward to the holidays now

This year will be the seventh Christmas without my mother, and I look forward to the holiday now.

My wife and I put up our tree on November 3rd. To me, Christmas symbolizes coziness, a focus on joy, an excuse for good food and extra sugar and sitting around a table with people I love.

While there are traditions, new and old, that I cherish, it's less about the specifics and more about the feeling. And, grief is a part of that feeling. It's just not such a sharp ache anymore β€” more like a familiar smell that reminds me of a warm and nostalgic childhood memory.

Holiday grief (and any grief, for that matter) isn't a thing to be conquered and moved on from, but a thing to accept and learn how to live alongside. In those early years, much of my strife came from wishing I could prevent change and control my feelings. When I don't set rigid expectations of myself, and instead let the tide wash over and soften me, that softness allows space for grief and joy.

I've learned how to appreciate specialness any way it comes and grab joy where I can β€” even if it means putting the Christmas tree up before Thanksgiving.

Read the original article on Business Insider

The 3-year bear market in home sales is finally over, research firm says. Here's how to invest for a rebound.

home sold sign

AP Photo/Bill Sikes

  • US home sales just ended a 39-month year-over-year decline, signaling the end of the bear market, NDR said.
  • Affordability issues, driven by high mortgage rates, drove the 3-year decline in home sales activity.
  • Investors could take advantage of the setup by buying the iShares U.S. Home Construction ETF, NDR said.

The bear market in US home sales is finally over, according to a recent note from Ned Davis Research.

The firm highlighted that total single-family home sales finally turned positive year-over-year after 39 months of consecutive declines.

The 39-month decline in home sales was only outdone by the 43-month decline during the housing bubble from 2005 through 2009.

"But the recent affordability-driven pandemic bear could not be more different than the credit-driven housing bubble bear," Pat Tschosik, a strategist at Ned Davis Research, said.

The main difference between the two notable declines in home sales is affordability.

Whereas the affordability index rose 53 points from 2005 through 2009, it plunged 39 points from 2021 through 2024, driven by high mortgage rates and ever-rising home prices.

Home sales activity chart

Ned Davis Research

"Homeowners, locked into low rates and unwilling to move, added to low supply and higher prices," Tschosik said.

Additionally, the stocks of homebuilders outperformed over the past three years, compared to them underperforming during the 2005 through 2009 stretch.

The recent rebound in home sales activity suggests to Tschosik that the housing market should thaw in 2025, enabling a rebound in durable and home improvement spending.

For investors, that means the iShares U.S. Home Construction ETF could be a worthy addition to portfolios for next year. The ticker symbol is "ITB."

"We are watching ITB for an upgrade. If inflation fears are overblown, the recent ITB correction could be a great buying opportunity," Tschosik said.

The ETF has declined by more than 15% since fears of a rebound in inflation gripped the market in late November.

The top holdings within the Home Construction ETF include home builders D.R. Horton, Lennar Corp, NVR, and Pulte Group, as well as home-improvement retailers Home Depot and Lowe's.

Read the original article on Business Insider

The 4 most fascinating storylines in the creator economy that BI's reporters will be watching next year

Tiktok CEO Shou Chew testifying before congress
TikTok CEO Shou Chew pictured testifying before Congress. His app could soon be banned in the US.

The Washington Post

  • TikTok could be banned come January, but what are the other fascinating creator-economy stories?
  • BI's media team rounded up the most intriguing stories for the year ahead.
  • Our picks ranged from a battle between Spotify and YouTube to what will happen in "IRL social."

There are many fascinating stories popping up in the creator economy every day. So, which ones have really caught the eye of Business Insider's team of reporters and editors?

We're all closely tracking whether TikTok will be banned in the US in January. But that's not the only story that could shake up the industry.

As we head into 2025, BI's media team rounded up the creator-economy storylines we are most excited to dig into next year.

Dan's storyline to watch: Influencers look to become QVC-style live shopping hosts
Outlandish's new store blends TikTok Shop with brick-and-mortar retail.
Outlandish is an official TikTok Shop agency partner.

Outlandish.

Live shopping has really begun to catch on in the US. Next year, I'm watching to see if top influencers embrace live selling and become QVC-style hosts β€” or if its momentum fades.

US creators have always hawked goods on behalf of brands, but live selling hasn't been a popular approach. It makes sense, as it's much easier for a creator to make a quick sponsored post than to film a 2-hour live sellathon.

TikTok Shop sought to popularize live selling in the US by working with outside partners to train live-selling creators and aggressively promoting the practice. I expect that will continue next year (if TikTok isn't banned), alongside efforts to drive up livestreams among e-commerce competitors like Amazon, Whatnot, and TalkShopLive.

But will creators whose content has nothing to do with e-commerce choose to try out live selling in 2025? Will live shopping replace static brand deals as the predominant way US creators make money, as it has in other regions like Asia? We'll be watching.

-Dan Whateley, senior reporter

Amanda's storyline to watch: Spotify and YouTube battle over video podcasting
Joe Rogan
Joe Rogan dominates the podcast landscape.

Syfy/Getty Images

Creators are launching their own talk shows in the form of video podcasts.

As this growing trend of serialized long-form content takes over screen times, two tech giants β€” Spotify and YouTube β€” will continue to compete to be the best platform.

YouTube is already a strong leader in the creator economy and a go-to creator platform. Spotify has also had a good year, reporting increased profitability in its Q3 earnings.

As video podcasts rise in popularity, these two platforms will have to convince both creators and viewers why they're the best place to earn money, engage with fans, and reach new audiences.

The race has already begun. YouTube took a stand by releasing a suite of tools and features that creators can't get on other podcast platforms β€” including the ability to go live, respond to comments, and earn revenue from donations.

Meanwhile, Spotify invested heavily in video in 2024, developing its own tools and more ways to pay creators for video podcasts through subscription earnings and ad revenue.

So, how will these platforms compete in 2025, and who will ultimately win in the video podcast race?

-Amanda Perelli, senior reporter

Sydney's storyline to watch: The future of IRL social apps
222 team members, including cofounders, work at row of desks in NYC
222's team, pictured, is part of a trend of IRL social startups.

Sydney Bradley

Social-media platforms are great for entertainment ... but for making new friends and maintaining IRL relationships? Less so.

However, a wave of startups that have either launched or expanded in 2024 plans to fill that gap. From in-person dinners offered by apps (like 222 or Timeleft) to event platforms (like Partiful or Posh), some startup founders are finding product-market-fit amid a loneliness epidemic. The trend extends beyond mobile apps, too, with in-person clubs or groups growing in popularity, like reading groups or running clubs.

While some of these startups are already raising capital and dabbling with monetization, will these solutions to loneliness stick around in 2024? And if they do stick, who will be category winners and what will success be defined by?

-Sydney Bradley, senior reporter

Nathan's storyline to watch: Creators on TV
Scott Galloway Kara Swisher
Scott Galloway, pictured, cohosts multiple podcasts with video components.

Andrew Harnik/Getty Images

The walls between the TV and the creator worlds are being torn down brick by brick, particularly by YouTube.

In November, as it has been for a while, YouTube was the top streaming service on TVs in the US, coming in at 10.8% of viewing compared to Netflix's 7.7%, per Nielsen.

With the lines blurring, will we see more streamers and even traditional TV networks look to creator-style content, as ESPN has done with Pat McAfee?

Creator TV shows have had a muddled history, but I'd argue that their struggles often came from networks trying to parachute an influencer into a traditional "TV" format. What about meeting them halfway?

On that point, it's been interesting to see the convergence of podcasts and video. YouTube (hello again) is the top podcasting platform in the US, ahead of Spotify (which is also looking to beef up video) and Apple Podcasts.

What's stopping the likes of Netflix, or even CNN, from licensing podcasts as long as they get the video quality up to snuff? CNN+ wanted to give Scott Galloway a show once upon a time. Maybe they should just put one of his hit podcasts on the air. The cable TV business is in freefall. It's time to get creative.

-Nathan McAlone, deputy editor

Read the original article on Business Insider

❌