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Wells Fargo reported record net income of $18.9 billion in 2012, which was up 19 percent from 2011. During the fourth quarter, the bank had record net income of $5.1 billion. The Federal Deposit Insurance Corp. attributes banking’s successful year to higher income and lower provisions for loan losses. (Associated Press)

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Say hello, Assad: See the Navy warships off the coast of Syria

The Navy has sent four warships — USS Ramage, USS Mahan, USS Gravely and USS Barry — armed with ballistic missiles into the eastern Mediterranean Sea amid violence in Syria. Navy ships are capable of a variety of military actions, including launching Tomahawk cruise missiles as they did against Libya in 2011.