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Warren Buffett says markets are like a church with a casino attached, but ‘we’ve never had people in a more gambling mood than now’...
Jason Ma -
Investing legend Warren Buffett bemoaned the gambling culture that has taken over financial markets while continuing to preach his brand of patience.In an interview with CNBC on Saturday as Berkshire Hathaway held its annual shareholders meeting, he noted that...
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Padres announce agreement to sell team to investor group led by Kwanza Jones and José E. Feliciano
The San Diego Padres have reached an agreement to sell control of the team to an investor group led by Kwanza Jones and José E. Feliciano.The family of late owner Peter Seidler formally announced the deal Saturday. The sale...
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Supreme Court asked to restore access to mail-order abortion pill mifepristone
A pharmaceutical company that produces mifepristone asked the Supreme Court on Saturday to lift a lower court's ruling prohibiting health providers from dispensing the abortion pill by mail.In an emergency application filed Saturday, Danco Laboratories argued that Friday's ruling...
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Oil tanker hijacked off coast of Yemen and taken towards Somalia
Somali piracy, which was on the decline since 2011, has surged again since late 2023, when Houthi rebels began attacking ships in the Gulf of Aden and Red Sea. The attacks forced international navies to instead tackle the Houthi...
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Taiwan president visits Eswatini after blaming China for previous cancelled trip
It is unclear how he reached Eswatini. China described his visit as a "stowaway-style escape farce".
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Jensen Huang says some CEOs have a ‘God complex’ when it comes to AI apocalypse warnings, which can create shortages of critical workers |...
Jason Ma -
Nvidia CEO Jensen Huang has been pushing back against the popular narrative that AI will wipe out huge swaths of the workforce, but he also placed some blame on overly confident CEOs who assume they know everything.In an interview...
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Germany says US troop withdrawal ‘foreseeable’ as Nato seeks clarification
German Defence Minister Boris Pistorius said the US decision to withdraw 5,000 troops was to be expected.
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Airlines reduce, cap fares for Spirit travelers looking to rebook canceled flights
The Department of Transportation said on Saturday the majority of airlines will be capping tickets prices for Spirit Airlines travelers who need to rebook their canceled flights.Some carriers have even reduced fares on high volume routes where Spirit used...
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California to begin ticketing driverless cars that violate traffic laws
Under the new rules, police will be able to issue tickets directly to the car's manufacturer when an autonomous vehicle breaks a traffic law.
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Japan’s defence minister denies militarism, criticises China’s ‘huge arsenal’
Japan has been steadily increasing its defence budget, setting spending records for 12 consecutive years. Its latest budget, approved...