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Wells Fargo beats expectations with $6 billion profit in 2Q

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SILVER SPRING, Md. — Wells Fargo had its most profitable quarter in two years, easily beating Wall Street estimates as the global economy continues...

That was fleeting: Twitter kills off ephemeral ‘fleets’

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Twitter is disappearing its disappearing tweets, called fleets, after they didn't catch on. ...

EU unveils tough climate rules, eyes tax on foreign firms

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BRUSSELS — The European Union on Wednesday unveiled sweeping new legislation to help meet its pledge to cut emissions of the gases that cause...

Facebook asks for recusal of FTC head in antitrust probes

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WASHINGTON — Facebook is asking that the new head of the Federal Trade Commission step away from antitrust investigations into the social network giant,...

Lithuania struggles with migrant flood opened by Belarus

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VEREBIEJAI, Lithuania — Mustafa Hussein Hamad kicked a dirty ball between two old tires in the schoolyard where he spends most of his time....

Rail officials push 15-year plan to boost Northeast Corridor

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WASHINGTON — As Congress eyes an infrastructure package, a coalition of transportation agencies and Amtrak on Wednesday released a 15-year plan of rail improvements...

Powell says inflation will be ‘elevated’ in coming months

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WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...

The Latest: Britain cases above 40,000, 1st time in 6 months

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LONDON — Daily coronavirus cases in Britain have risen above 40,000 for the first time in nearly six months. ...

Stocks open higher; Citi, Wells Fargo lead gains for banks

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Stocks are opening broadly higher on Wall Street Wednesday as several big companies reported results that were better than analysts were expecting. The S&P...

Stocks wobble as investors digest earnings, inflation risks

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Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve chair's comments on inflation. ...