Edward Jones
This image provided by General Motors shows the GM Logo. General Motors’ first-quarter net income surged to $2.98 billion, reported Wednesday, May 6, 2021, as strong U.S. consumer demand and higher prices overcame production cuts brought on by the global shortage of computer chips. The big profit increase was 12 times larger than the same period last year, when the start of the coronavirus pandemic forced automakers to shutter factories, limiting GM’s net income to $247 million. (General Motors via AP)
GM expects big 2021 profit, says it's managing chip shortage

By Tom Krisher May. 05, 2021 07:56 AM EDT

FILE - Greg Abel is seen at the CenturyLink Center in Omaha, Neb., in this Saturday, May 5, 2018, file photo. Vice Chairman Greg Abel will succeed billionaire Warren Buffett as Berkshire Hathaway CEO, according to a report. Buffett confirmed the succession plan to CNBC on Monday, May 3, 2021, after Berkshire Vice Chairman Charlie Munger hinted at the news during the company's annual meeting on Saturday. The 90-year-old Buffett told CNBC that if anything happened to him, Abel would be the one to take the top post. (AP Photo/Nati Harnik, File)
When Buffett is gone, Abel will take over as Berkshire CEO

By Josh Funk May. 03, 2021 10:58 AM EDT

FILE - In this July 20, 2017 file photo, Merck CEO Ken Frazier speaks in the Roosevelt Room of the White House in Washington. Merck is entering a new era, with sweeping changes across its executive suite and the spinoff off its women's health and other businesses, a bid to enable both resulting companies to grow faster. The massive management makeover, mostly triggered by Frazier's upcoming retirement, occurs as the drugmaker says hits to sales of many of its medicines amid lockdowns and other impacts from the coronavirus pandemic will lessen and sales will rise over the rest of the year. (AP Photo/Alex Brandon, File)
New era begins at Merck as pandemic cuts Q1 sales, profit

By Linda A. Johnson Apr. 29, 2021 06:58 AM EDT

A line of Boeing 777X jets are parked nose to tail on an unused runway at Paine Field, near Boeing's massive production facility, Friday, April 23, 2021, in Everett, Wash. Boeing Co. on Wednesday, April 28, reported a loss of $537 million in its first quarter. The Chicago-based company said it had a loss of 92 cents per share. Losses, adjusted for non-recurring gains, were $1.53 per share. (AP Photo/Elaine Thompson)
Boeing posts 1Q loss, takes a hit on Air Force One work

By David Koenig Apr. 28, 2021 08:25 AM EDT

FILE - In this Feb. 12, 2018, file photo a CSX freight train passes through Homestead, Pa. CSX Corp. said its first-quarter profit declined 8% as expenses increased, but the railroad said it expects the economy to strengthen further over the rest of the year. The Jacksonville, Florida-based company said Tuesday, April 20, 2021, that it earned $706 million, or 93 cents per share, during the quarter. (AP Photo/Gene J. Puskar, File)
CSX 1Q profit dips 8% but railroad sees economy growing

By Josh Funk Apr. 20, 2021 05:14 PM EDT

A Johnson & Johnson logo appears on the exterior of a first aid kit, Wednesday, Feb. 24, 2021, in Walpole, Mass. Johnson & Johnson (JNJ) on Tuesday, April 20 reported first-quarter net income of $6.2 billion. (AP Photo/Steven Senne)
Johnson & Johnson Q1 profit, sales jump, beat Street views

By Linda A. Johnson Apr. 20, 2021 07:09 AM EDT

FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett is encouraging investors to maintain their faith in America’s economy and the businesses his Berkshire Hathaway conglomerate owns. In a letter to his shareholders Saturday, Feb. 27, 2021, Buffett hardly mentioned the coronavirus that ravaged many businesses last year, saying American business will thrive over time despite the pandemic. (AP Photo/Nati Harnik, File)
Warren Buffett again encourages investors to bet on America

By Josh Funk Feb. 27, 2021 09:59 AM EST

FILE - In this Jan. 22, 2021, file photo, Tina Killebrew, a certified medical assistant, prepares doses of the Pfizer-BioNTech COVID-19 vaccine at a vaccination center at the University of Nevada, Las Vegas in Las Vegas. A racial gap has opened up in the nation's COVID-19 vaccination drive, with Black Americans in many places lagging behind whites in receiving shots, an Associated Press analysis shows. (AP Photo/John Locher, File)
Pfizer swings to small profit as vaccines begin to roll out

By Linda A. Johnson Feb. 02, 2021 07:22 AM EST

FILE - In this Jan. 25, 2020, file photo a Boeing 777X airplane takes off on its first flight with the Olympic Mountains in the background at Paine Field in Everett, Wash. Boeing is reporting another huge loss, this one because of a setback to its 777X widebody jetliner. Boeing said Wednesday, Jan. 27, 2021, it lost $8.4 billion in the fourth quarter on weaker demand for planes during the pandemic. (AP Photo/Ted S. Warren, File)
Boeing posts $8.4 billion loss on weaker demand for planes

By David Koenig Jan. 27, 2021 08:20 AM EST

The logo of Microsoft is displayed outside the headquarters in Paris, Friday, Jan. 8, 2021. As the pandemic raged through the U.S., Microsoft's business continued chugging ahead and beat Wall Street expectations for the last three months of 2020, powered by ongoing demand for its workplace software and cloud computing services as people worked from home. The company on Tuesday, Jan. 26, 2021 reported fiscal second-quarter profit of $15.5 billion, up 33% from the same period last year. (AP Photo/Thibault Camus, file)
Microsoft keeps chugging as pandemic continues

By Matt O'brien Jan. 26, 2021 04:32 PM EST

FILE - This Oct. 21, 2019 file, photo shows Johnson's Baby Aloe & Vitamin E Powder in Salt Lake City. Johnson & Johnson reported a strong finish to the year, overcoming the disruption of the global pandemic on some parts of its business like medical devices. The New Brunswick, New Jersey-based company said it had profit of 65 cents per share. (AP Photo/Rick Bowmer, File)
J&J 4Q sales rise despite pandemic, but charges cut profits

Jan. 26, 2021 07:12 AM EST

FILE - A CSX freight train pulls through McKeesport, Pa., on Tuesday, June 2, 2020. CSX railroad reported relatively flat fourth-quarter earnings even though it hauled 4% more freight as the economy continued to rebound from last year’s widespread virus-related shutdowns. The Jacksonville, Florida-based railroad said Thursday, Jan. 21, 2021 it earned $760 million, or 99 cents per share, during the quarter. (AP Photo/Gene J. Puskar)
CSX profit slips in 4Q but railroad hauls 4% more freight

By Josh Funk Jan. 21, 2021 04:50 PM EST

FILE - In this Sept. 13, 2019, file photo the logo for Union Pacific appears above a trading post on the floor of the New York Stock Exchange. Union Pacific’s fourth quarter profit chugged ahead as shipping volume improved for the first time since before the coronavirus pandemic slowed the economy to a crawl last year. The Omaha, Nebraska-based railroad said Thursday, Jan. 21, 2021, that it earned $1.38 billion, or $2.05 per share, in the quarter, but the results were weighed down by a one-time charge of $278 million. (AP Photo/Richard Drew, File)
Union Pacific delivered 3% more freight as economy recovered

By Josh Funk Jan. 21, 2021 09:13 AM EST

FILE - In this Nov. 9, 2020, file photo, an ad for COVID-19 testing reflects on glass at a bus stop, as pedestrians walk past Pfizer world headquarters in New York. BioNTech has at times been portrayed as the junior partner to U.S. pharmaceutical giant Pfizer in the race to get approval for their COVID vaccine, but the company's gene technology was key to the rapid development of the vaccine that British regulators have approved for emergency use Wednesday Dec. 2, 2020. (AP Photo/Bebeto Matthews, FILE)
Vaccine 1st puts spotlight on German pharma company BioNTech

By David Mchugh And Frank Jordans Dec. 02, 2020 12:35 PM EST

FILE - In this Oct. 1, 2020 file photo, an Amazon logo appears on an Amazon delivery van, in Boston. Amazon opened an online pharmacy Tuesday, Nov. 17 giving shoppers the chance to buy their medication and order refills on their phones and computers and have it delivered to their doorsteps in a couple of days. (AP Photo/Steven Senne, File)
Amazon opens online pharmacy, shaking up another industry

By Joseph Pisani And Tom Murphy Nov. 17, 2020 11:02 AM EST

Profit jumps 82% at Buffett's firm but virus hurts business

By Josh Funk Nov. 07, 2020 09:38 AM EST
OMAHA, Neb. (AP) — Warren Buffett's conglomerate reported an 82% jump in its third-quarter profit as the value of its investment portfolio soared, but...

FILE- This April 25, 2017, file photo, shows an Exxon service station sign in Nashville, Tenn. Exxon Mobil reported on Friday, Oct. 30, 2020, lost $680 million in the third quarter as the global pandemic curtailed travel throughout the world, diminishing the need for fuel. Revenue tumbled to $46.2 billion, down from $65.05 billion during the same quarter last year.(AP Photo/Mark Humphrey, File)
Losses mount for oil companies as pandemic grips economy

By Cathy Bussewitz Oct. 30, 2020 07:51 AM EDT

FILE - In this Thursday, March 26, 2020 file photo, a United Parcel Service driver loads boxes during a delivery in downtown Seattle. Amid the coronavirus outbreak, UPS and FedEx have stopped requiring signatures for packages. (AP Photo/Ted S. Warren)
Demand for delivery boosts UPS revenue, but costs rise too

By David Koenig Oct. 28, 2020 07:18 AM EDT

FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. Surging sales of cancer medicines and reduced spending helped Merck overcome a big hit from the coronavirus pandemic and increase its profit 12% in the second quarter. The drugmaker on Friday, July 31, 2020, increased its financial forecast for the year, all while it’s investing in development of two experimental vaccines and a possible treatment for COVID-19. (AP Photo/Seth Wenig, File)
Strong sales of drugs, vaccines, propel Merck in 3Q

By Linda A. Johnson Oct. 27, 2020 08:24 AM EDT

FILE - In this Sept. 13, 2019, file photo the logo for Union Pacific appears above a trading post on the floor of the New York Stock Exchange. On Thursday, Oct. 22, 2020, Union Pacific’s third-quarter profit declined 12%, but the volume of shipments it handled surged as the economy rebounded from the worst of the virus-related shutdowns earlier this year. (AP Photo/Richard Drew, File)
Profit, revenue slump at Union Pacific, but volume improves

By Josh Funk Oct. 22, 2020 08:48 AM EDT