• An Air India Boeing 787 crashed less than a minute after takeoff on Thursday.
• The crash comes as both Boeing and Air India are trying to turn themselves around.
• Attorneys and aviation experts said no conclusions could be drawn until the investigation ended.

Thursday's fatal crash of an Air India Boeing 787 shortly after takeoff comes as both the airline and Boeing try to revive their public images.

After 2024 became an annus horribilis for Boeing, 2025 is crucial for the planemaker to show it is successfully overhauling its processes.

CEO Kelly Ortberg, who took over last year and has made the turnaround the centerpiece of his leadership, has scrapped plans to travel to next week's Paris Air Show, CNBC and Bloomberg reported. The event is a crucial industry showcase. Neither Boeing nor Air India responded to requests for comment from Business Insider.

On Thursday, Ortberg shared the company's "deepest condolences" to everyone affected and said a team stood ready to support the investigation.

After visiting the crash site Friday morning, Air India CEO Campbell Wilson said in a video statement, "We know that the investigations will take time but we will be fully transparent and will support the process for as long as it takes."

"Air India will continue to do everything we can to care for those affected by this tragedy, and to uphold the trust placed in us," he added.

'The crash derails Boeing stock's positive momentum'

When an Alaska Airlines 737 Max lost a door plug during a January 2024 flight, regulators capped Boeing's production of the type. A seven-week strike then shut down key facilities, further hurting revenue.

Boeing ended 2024 as the Dow Jones' biggest loser, as its share price fell 31%. Investors had been reassured by Ortberg's work to turn the company around, and the stock had risen more than 20% in 2025 before the crash.

It dropped about 4% after Thursday's crash and fell more than 3% Friday morning.

Morgan Stanley analysts said Thursday that the crash "derails the positive momentum on Boeing's stock."

Jeff Windau, a senior industrials analyst for Edward Jones, said in a research note that he expects near-term volatility and raised the possibility of enhanced scrutiny on Boeing's processes.

"However, at this time, we do not feel there will be a long-term impact to production," he added.

Air India has been working to turn itself around

Following decades of state ownership and huge losses, Air India was acquired by the Tata Group in 2022. The airline has expanded with hundreds of additional flights, flying 60 million customers to 103 destinations through 2024.

The new owners invested billions, and the airline has ordered hundreds of planes to replace its aging fleet.

In a December interview with BI, Wilson compared his work revitalising Air India to "drinking from a firehose."

He added that he thought the turnaround was close to completion, but said there were supply-chain constraints. "Until we upgrade the aircraft, then people won't believe that the transformation has happened," Wilson said.

Alan Tan, an aviation law professor at the National University of Singapore, told BI that Air India in particular would have an immediate hit to customer perception.

"But as other leading airlines facing crises have shown, these are not insurmountable," he added. "Transparency and accountability in investigations, and consistent messaging to the public, will hopefully reduce the risks of a media spectacle."

A lengthy investigation

It will take a thorough and lengthy investigation before there are answers about what caused the crash.

Attorneys who have battled Boeing in the courts were among the people BI spoke to who were hesitant to draw any conclusions.

"The fact that this tragedy involves a Boeing aircraft does not necessarily mean that there's something wrong with the actual aircraft — as distinguished from issues surrounding maintenance, or even products that are not Boeing's, such as the engines," said Robert Clifford, lead counsel for the families of victims of the 2019 Ethiopian Airlines crash, in which a 737 Max crashed shortly after takeoff, killing more than 150 people.

He added that a quick and efficient investigation is necessary to "help calm the public."

Thursday's incident was the first fatal crash and total hull loss of a Boeing 787 Dreamliner, one of the most advanced passenger jets, which entered service in 2011.

The model has faced some criticism from whistleblowers. Last year, Sam Salehpour, a quality engineer at Boeing, told NBC he observed "shortcuts to reduce bottlenecks" in manufacturing 787s. Boeing responded that it was "fully confident in the 787 Dreamliner."

On Thursday, Salehpour's attorneys urged the Federal Aviation Administration to release a report investigating his claims.

Richard Aboulafia, managing director at Aerodynamic Advisory, told BI, "It's a terrible tragedy, but I just don't see how this impacts anything [for Boeing]."

"Unless it's the unlikely event that they do find a design or manufacturing flaw, but after all these years, both for this type of aircraft and this particular aircraft, that's not normal," he added.

• Ireland's basic income pilot program for the arts ends in August.
• For three years, 2,000 artists and creative arts workers received about $370 a week.
• Recipients said the stipend overall improved their daily lives.

For about 2,000 artists and creative arts workers in Ireland, a weekly stipend provided through a basic income program has been a lifeline for years.

Now, it's almost over.

The pilot program began in 2022 under Catherine Martin, Ireland's former minister for tourism and culture. Martin allocated about $28 million to the arts sector following the COVID-19 pandemic.

Participants were randomly chosen and given an unconditional stipend of €325, or about $370, weekly for three years. During that time, participants met periodically via Zoom to discuss how the additional income had affected their livelihoods, careers, and ability to meet basic needs.

The final session was held this month before the program's conclusion in August.

Artists and cultural workers who attended the session grappled with what their lives would look like after August, but they hoped government officials would extend the program.

"We need no further pilots. People need a UBI now to face and deal with the many social, economic, and ecological crises of our world," Reinhard Huss, the organizer of UBI Lab Leeds, which sponsored the event alongside Basic Income Ireland, UBI Lab Arts, and UBI Lab Network, told Business Insider.

New developments in AI are reshaping the job market, replacing some entry-level positions. Tech industry leaders like Elon Musk and OpenAI CEO Sam Altman have said implementing a universal basic income will be essential in the near future when AI supplants jobs in most industries.

A universal basic income offers an entire population recurring, unconditional payments regardless of an individual's socioeconomic status. Ireland's program, like many others in the United States, is a guaranteed basic income, which targets certain segments of the population for a set period of time.

Impact of Ireland's basic income program for artists

Jenny Dagg, a sociologist lecturing at Ireland's Maynooth University, authored a new report that provides insights into participants' reactions to the program. She gathered data from over 50 of the 2,000 recipients.

Although the report outlined nearly a dozen key impacts reported by program recipients, Dagg highlighted five major takeaways during the Zoom session.

Dagg said that recipients who received money from the program reported more stability and "significantly reduced" financial stress. It relieved their anxiety about fulfilling their basic needs.

Participating in the pilot program also allowed artists to re-prioritize how they spend their time and what they choose to focus on. "The opportunity to focus more on their specific creative interests opened new possibilities and career trajectories," the report said.

Artists said the added income allowed them to spend more time "researching, experimenting, taking risks, and failing," which has improved the quality of their work.

Artists, the report said, also felt more confident in themselves and their work during the program. "Many recipients talk of feeling empowered, of being in control of the choices within their lives, and envisioning a viable career path longer-term," the report said.

Recipients even reported better mental health, which led to improved sleep quality and lowered stress levels.

What's next for Ireland's basic income program

With the end of the program fast approaching, recipients of the weekly payment are reckoning with what how their lives might change.

"Across art forms, recipients report concerns about financial stability and sustaining the momentum of their careers when, or if, the basic income scheme ends," Dagg's report said.

This month, Basic Income Ireland called on the government to immediately implement a universal and unconditional basic income for the country. A spokesperson for the UBI Lab Network said the pilot program's success shows that basic income is a viable option. The campaign group shared a proposal for introducing a universal basic income to Ireland.

"As the pilot shows, basic income works and people need a UBI now to face and deal with the many social, economic, and ecological crises of our world. The Network will continue to help demonstrate basic income within communities and show how it is a sustainable policy," the statement said.

Patrick O'Donovan, Ireland's minister for arts and culture, said he would evaluate the data collected throughout the pilot program and create proposals for the government regarding the next steps.

"I am heartened by the responses of the Basic Income recipients in this paper," O'Donovan said in the May report. "This research will add to the evaluation being conducted by my department, which to date clearly shows that the Basic Income Pilot has been an effective support for the artists in receipt of it."

• The owners of Pope Leo XIV's childhood home in Illinois are trying to sell it via private auction.
• The home was listed for $199,900 before the pope's appointment. Now, bids start at $250,000.
• The auction winner may not get to enjoy it because the local government wants to acquire the home.

People bidding to buy Pope Leo XIV's modest childhood home in Illinois could face some stiff competition — from the local government.

The innocuous three-bedroom, three-bathroom home in the Village of Dolton was thrust into the spotlight when Pope Leo XIV became the leader of the Catholic Church.

The current homeowner purchased the property in May 2024 for $66,000, listed it for $219,000 in January, and dropped the price to $199,900 in February.

After the pope's appointment on May 8, the owner, inundated with offers and new options, delisted the home until last week when it was put up for auction through Paramount Realty USA. The reserve price is $250,000, and potential buyers have until June 18 to bid.

"It's like a collectible car they only made one of," Steve Budzik, the homeowner's real estate agent, told BI earlier this month.

Potential buyers, however, will be going up against the Village of Dolton, which has said through its attorney that it plans to acquire the home either through direct purchase or eminent domain laws. Eminent domain laws allow governments to make private property available for public use.

"If a direct purchase from the seller cannot be negotiated, the Village will cause Eminent Domain proceedings to be filed in Court and take the property through the legal process," Burton S. Odelson wrote in an email to BI. "The Village hopes a direct purchase is completed without court action."

Odelson, who's been in contact with the listing broker, said the Village of Dolton is working with the Chicago Archdiocese to determine the best use of the space.

Although relying on local eminent domain laws is an option, Odelson said it's a last resort. That process involves litigation, which means attorney fees, court costs, appraisal costs, and time.

Under eminent domain laws, the Village of Dolton would have to compensate the owners for the home. Negotiations between the Village of Dolton and the current owner are ongoing.

The hype around Pope Leo XIV's childhood home spurred immediate fanfare, prompting news trucks and curious locals to visit. One woman even told a local news outlet that she made the four-hour drive from Louisville, Kentucky, just to visit the impromptu holy site.

Representatives for Paramount Realty USA and the homeowner did not respond to a request for comment from Business Insider.

• Big Tech dominated Kantar BrandZ's most valuable global brand ranking.
• Apple topped the list for the fourth year in a row.
• Companies like ChatGPT and Chipotle made their debut.

Try as they might, brands can't take a bite out of Apple.

Kantar BrandZ, a marketing data and analytics company, published its annual ranking of the world's most valuable brands.

The global market has weathered storms in the past, but the volatility caused by the COVID-19 pandemic and shifting consumer expectations over the last five years have rattled the landscape. The ongoing tariff discussions between the United States and other countries have added another layer of uncertainty to the formula. While some companies succumbed to the pressure, others steamrolled ahead.

Topping the list for the fourth year in a row is Apple with a brand value of about $1.3 trillion. That's a 28% increase from 2024, according to Kantar.

After overthrowing Jeff Bezos' Amazon in 2022, the tech giant has continued to dominate the list while Google, Microsoft, and Amazon vie for second, third, and fourth place. Under CEO Tim Cook, Apple has managed to fend off international competitors like China's Huawei and South Korea's Samsung.

Another standout on this year's list is Jensen Huang's Nvidia, which saw its brand value increase 152% from 2024. The chipmaker, which reached a $3 trillion valuation after announcing a deal with a Saudi Arabian tech firm, appeared at No. 5 on the list.

Here is Kantar's top 10 most valuable global brands:

1. Apple
2. Google
3. Microsoft
4. Amazon
5. NVIDIA
6. Facebook
7. Instagram
8. McDonald's
9. Oracle
10. Visa

Kantar's report also highlighted some "newcomers," brands making their debut on the list.

ChatGPT was the highest-ranking newcomer at No. 60, coming 25 spots ahead of financial service company Stripe and 26 spots ahead of Chipotle.

Here are the top seven newcomers:

60. ChatGPT

85. Stripe

86. Chipotle

89. Booking.com

95. Hilton

97. Uniqlo

99. DoorDash

Martin Guerrieria, head of Kantar BrandZ, said brands need to do more than differentiate themselves from competitors to stay afloat in the global market.

"The dominance of brands like Apple, Instagram, and McDonald's underlines the power of a consistent brand experience that people can relate to and remember," he said. "ChatGPT's dramatic rise shows how a brand can find fame and influence society to the extent that it changes our daily lives. But with generative AI competition accelerating, OpenAI will need to invest in its brand to preserve its first-mover momentum."

• DoorDash asked the California Superior Court to dismiss Uber's lawsuit on Friday.
• In February, Uber accused DoorDash of inflating costs and other anti-competitive business practices.
• "Instead of competing through innovation, Uber has resorted to litigation," DoorDash says.

DoorDash wants Uber's anti-competition lawsuit tossed by the California Superior Court, saying the litigation is a "cynical and calculated scare tactic."

DoorDash filed the motion alongside a press release on Friday.

"It's disappointing behavior from a company once known for competing on the merits of its products and innovation," DoorDash, which tops the online food delivery market in the United States, wrote in the release.

Uber filed a complaint against DoorDash in February, accusing the company of anti-competitive business practices that inflated prices for restaurants and customers. The complaint said DoorDash "devised and is engaged in an unlawful scheme to stifle competition with Uber Eats, its closest rival."

Uber accused DoorDash in the complaint of leveraging restaurants' dependence on its app to secure near-exclusive or exclusive use.

"Restaurants simply cannot afford to stand up to DoorDash, and find themselves powerless to choose the service or services that are best for their businesses in the market for first-party delivery," Uber's complaint said.

Earnest Analytics reported in February that DoorDash dominated the food delivery market with a 60.7% share. Uber Eats followed at 26.1% and Grubhub at 6.3%.

DoorDash denied Uber's accusations in the motion on Friday.

Among its arguments, DoorDash said Uber is trying to "shoehorn its competition claims" by using a statute that typically applies to "disputes regarding employee non-compete provisions."

"Uber's lawsuit should be seen for what it is: sour grapes from a competitor that has been told by merchants, time and again, that they prefer working with DoorDash," the company's motion said. That's not the basis for a lawsuit — it's just fair competition. The Court should sustain DoorDash's demurrer."

Uber told Business Insider in a statement that it won't back down.

"It seems like the team at DoorDash is having a hard time understanding the content of our complaint. When restaurants are forced to choose between unfair terms or retaliation, that's not competition — it's coercion. Uber will continue to stand up for merchants and for a level playing field. We look forward to presenting the facts in court," an Uber spokesperson said.

A lawyer for DoorDash told BI, "Uber appears to be upset that they're losing in the marketplace because DoorDash has better and more innovative products, but that isn't a legitimate basis for a lawsuit."

"Uber's legal claims are meritless and should be dismissed," the lawyer said.

DoorDash isn't Uber's only legal battle this year. In April, the Federal Trade Commission sued Uber, saying the company added users to its Uber One subscription program without their consent.

The FTC said in a press release that the company "failed to deliver promised savings" and made it tough for users to cancel the service.

Uber CEO Dara Khosrowshahi told Semafor on Friday that the FTC's lawsuit was a "head-scratcher."

"We make it incredibly easy to sign up for Uber One, the value is enormous, the renewal rates are over 90%. It's a great product," Khosrowshahi said. "We allow you to cancel. We allow you to pause. That one was a head-scratcher for me."