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Wells Fargo's earnings edge up as revenue rises

Written By Unknown on Rabu, 14 Januari 2015 | 23.14

NEW YORK — Wells Fargo & Co. reported a slightly higher fourth-quarter profit as the country's biggest mortgage lender generated more income from interest payments. Quarterly net income rose to $5.38 billion from $5.37 billion a year earlier, the...
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IRS cuts taxpayer services as filing returns gets harder

WASHINGTON — The IRS is cutting taxpayer services to historically low levels just as President Barack Obama's health law will make filing a federal tax return more complicated for millions of families. Got a question for IRS? Good luck reaching someone...
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6 evacuate US part of space station; NASA says all are safe

MOSCOW — Astronauts hurriedly evacuated the U.S. section of the International Space Station and moved to its Russian module after a coolant problem emerged Wednesday, but Russian and U.S. officials insisted all six crew were not in any danger. "The...
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US businesses boosted stockpiles in November amid weak sales

WASHINGTON — U.S. businesses added to their stockpiles by a modest amount in November, even though sales were weak for a fourth consecutive month. Businesses increased stockpiles by 0.2 percent in November, matching the increase in October, the Commerce...
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Obama moves to create first methane limits for gas drilling

WASHINGTON — The Obama administration laid out designs Wednesday to issue the first regulations to cut down on methane emissions from new natural gas wells, aiming to curb the discharge of a potent greenhouse gas by roughly half. Relying once again...
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Weather Channel to pair Jim Cantore, Sam Champion in new morning-TV mix

The Weather Channel is flooding the zone of morning television by adding one of the nation's most popular weather trackers to a time slot that already has several of them. The cable network is making Jim Cantore a co-host on "AMHQ," its daily morning...
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EU offers some budget relief to struggling nations

BRUSSELS — The European Union is giving member states struggling with debt more leeway in their spending plans despite EU rules on deficits and debt. EU officials raised the possibility Wednesday for nations like Italy and France to contribute to a...
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US stocks drop at open on disappointing retail sales report

NEW YORK — U.S. stocks fell sharply at the opening of trading Wednesday after a government report showed retail sales declined last month despite lower gas prices and a pickup in hiring. All 10 sectors of the Standard and Poor's 500 index were lower,...
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GM predicts pretax earnings, profit margin rise in 2015

DETROIT — General Motors says it expects pretax earnings and profit margins to increase this year over last, after adjusting last year for recall costs. The company also predicts improved automotive results in all of its regions. It gave no specific...
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Boston.com’s Boehner poisoning article sparks furor

The Boston Globe's boston.com this morning was silent amid a furor of criticism over their article mocking death threats aimed at Republican House Speaker John Boehner. Boston.com spokeswoman Mary Zanor did not return an email or call for comment today....
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