Brexit begins — now what? Regulator fails Wells Fargo for “discriminatory and illegal” practices, and more news.

Two years of negotiations between the UK and EU begin now, and Wells Fargo gets a failing grade for community lending. Read on...

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Brexit begins: The UK has triggered Article 50 of the Lisbon Treaty, formally beginning the process of leaving the European Union. What’s next? “What is likely to be a tricky and, at times, heated negotiation that could last for up to two years,” explains Mohamed El-Erian. See what more experts and professionals are saying about #Article50 here.

Stock-exit: Just hours before the UK triggered Article 50, the EU blocked a $30 billion merger between Deutsche B?rse and the London Stock Exchange. Today's announcement makes this the third failed merger attempt between the two entities since 2000. Had the takeover deal gone through, it would have created the largest stock exchange in Europe.

Redemption for Samsung? The company is officially announcing the Galaxy S8, beginning “one of the most critical periods in the company's history.” Try not to read too much into yesterday’s fire at a Samsung outlet in Singapore.

Yesterday was a tough one for Wells Fargo. The bank received a failing grade — "needs to improve" — for community lending under the Community Reinvestment Act, which aims to promote investment in low-income neighborhoods. The bank's regulator found "an extensive and pervasive pattern and practice of discriminatory and illegal credit practices across multiple lines of business within the bank, resulting in significant harm to large numbers of consumers.” On the same day, Wells Fargo agreed to a $110 million settlement for a class-action lawsuit related to the bank’s account creation scandal.

The robots are already stealing our jobs. New research shows that between 1990 and 2007, when a robot was introduced into the workforce, it eliminated an average 6.2 jobs within the local area where it was deployed. Robots were responsible for 670,000 lost manufacturing jobs in the United States within those years, says the National Bureau of Economic Research.

The House of Representatives voted to repeal the FCC’s broadband privacy rules, easing restrictions for internet service providers to sell user data without permission. The rules were set to go into effect this year. Next the bill goes to President Trump to sign into law.

Cover Photo: British Prime Minister Theresa May in the cabinet, sitting below a painting of Britain's first Prime Minister Robert Walpole, signs the official letter to European Council President Donald Tusk invoking Article 50 and the United Kingdom's intention to leave the EU on March 28, 2017 in London, England. (Photo by Christopher Furlong - WPA Pool/Getty Images)