The John S. and James L. Knight Foundation announced 144 finalists, including three in Duluth, in its third annual Knight Cities Challenge, a national call for ideas to make the 26 communities where Knight invests more vibrant places to live and work.

Wells Fargo Inc. reported a decline in net income for 2016 compared with the prior year. Net income was $21.9 billion compared with $22.9 billion in 2015, the financial services firm said in its full-year report. Full year return on assets was 1.16 percent and return on equity was 11.49 percent.

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