John Biers

1 week ago | barrons.com | John Biers

Ford reported a 65 percent drop in first-quarter profits Monday, citing a near-term drag on auto sales from new vehicle launches, as it withdrew its forecast amid tariff uncertainty. The carmaker estimated a full-year net hit of about $1.5 billion in adjusted operating earnings following President Donald Trump's myriad tariff actions since returning to the White House in January.

1 week ago | bilyonaryo.com | John Biers

By John BIERSUS oil giants ExxonMobil and Chevron reported lower profits Friday, reflecting the hit from falling crude prices amid global economic uncertainty surrounding President Donald Trump’s tariffs. The results showed the companies remained highly profitable in the first quarter despite about a 20 percent decline in crude prices since Trump’s January return to the White House, a drop also spurred by the moves of Saudi Arabia and other crude exporters to boost output.

1 week ago | finance.yahoo.com | John Biers

Unlock stock picks and a broker-level newsfeed that powers Wall Street. John BIERS Sat, May 3, 2025, 1:51 PM 4 min read US billionaire investor Warren Buffett (L) and Microsoft founder Bill Gates (R) flip over their Dairy Queen Blizzard treats in Beijing in 2011; Dairy Queen is one of dozens of iconic brands owned by Buffett's Berkshire Hathaway (FREDERIC J.

1 week ago | barrons.com | John Biers |Juliette Michel

Admired for his investing prowess and a taste for the simple things in life rather than luxury, billionaire Warren Buffett has won public affection even as he amassed a fortune for the ages -- riches that the "Oracle of Omaha" has pledged to give away. Buffett studiously rejected exotic financial vehicles, as well as the brass-knuckle tactics of corporate raiders, adopting instead a buy-and-hold strategy of long-term investments.

3 weeks ago | barrons.com | John Biers

Boeing's CEO confirmed Wednesday that China had stopped accepting new aircraft due to the US-China trade war, as the company's shares surged following a smaller than expected loss. In a televised interview with CNBC, Boeing Chief Executive Kelly Ortberg said Chinese customers had "stopped taking delivery of aircraft due to the tariff environment," adding that if the halt continued, the aviation giant would soon market the jets to other carriers.