Clarification: Earns-Charles Schwab

Clarification: Earns-Charles Schwab

SAN FRANCISCO (AP) -- In a story April 15 about Charles Schwab Corp.'s earnings, The Associated Press reported that the company's net income rose 2 percent. The story should have said it was referring to net income before the company paid preferred dividends. The story should have also noted that the company didn't pay preferred dividends in the same quarter a year earlier.