‘Britain’s Warren Buffett’ and market sage Rob Arnott are skeptical about Nvidia’s AI boom

Every time investors have braced themselves for the AI bubble to burst in the last few months, a new eye-popping data point comes out to prove them wrong and send money flowing back into the stock market. The latest shock was Nvidia’s latest quarterly earnings, which managed to surpass investors’ already sky-high expectations and set …

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Illinois judge orders Trump’s removal from primary ballot over Capitol riot, allows for an appeal

A Cook County judge ruled the Illinois State Board of Elections must take former President Donald Trump’s name off the state’s March 19 primary ballot Wednesday. But she placed her order on hold until Friday to allow an appeal. Judge Tracie Porter issued her decision after a group of voters trying to remove Trump’s name from the …

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Rockstar Games calls off remote work, citing leaks in the run-up to releasing the new Grand Theft Auto VI

Rockstar Games, a division of Take-Two Interactive Software Inc., will ask employees to return to the office five days a week beginning in April as the video-game maker enters the final stages of development on its next game, the hotly anticipated Grand Theft Auto VI. In an email to staff on Wednesday reviewed by Bloomberg, Rockstar Head of Publishing Jenn …

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The CEO of the just-privatized Air India describes how tough it was to turn around a 91-year-old airline: ‘The first 6 months was really triage’

Campbell Wilson had a tough job when taking over Air India, the once-state-owned now privatized airline, back in June 2022. The airline had lost money every year since 2007, when it merged with fellow state-owned carrier Indian airlines. Estimates put the daily cost of running the carrier at 200 million Indian rupees ($2.4 million) to …

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Best credit cards of March 2024

Fortune Recommends™ has partnered with CardRatings for our coverage of credit card products. Fortune Recommends™ and CardRatings may receive a commission from card issuers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more. There is no single best credit card …

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Mobster nicknamed ‘Vinny Unions’ sentenced to 4 years in prison for extorting New York City labor union

A Mafia member was sentenced Wednesday to more than four years in federal prison for his role in a long-running scheme in which he and others extorted funds from a New York City labor union, federal prosecutors said. Vincent Ricciardo, a captain in the Colombo crime family, was also ordered to pay $350,000 in forfeiture and $280,890 …

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Elon Musk promises Tesla fans the Roadster is coming with a 0-60 time below a second—’there will never be another car like this’

At long last, Tesla’s next generation Roadster is going to become a reality—definitely. Maybe. There’s at least an offhand chance. The successor to the car that started it all has completed final engineering, and if you believe Elon Musk, its “least interesting” feature is a 0-60 time clocking in below a second. A street-legal two seater …

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Bitcoin breaks $61,000 as flood of ETF demand pushes currency toward all-time high

The crypto markets are in the midst of a full-blown rally as Bitcoin, after crossing the psychologically important $50,000 mark on Feb. 12, shot upward again this week with the currency trading for around $61,400 shortly before noon ET on Wednesday. The breakout puts Bitcoin’s price at its highest level since November 2021, the peak …

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