Bloomberg With US railroads forecast to report their first earnings growth since 2015, a stock rally that began in anticipation of the profit rebound is looking overdone. An index of major carriers has jumped more than 55 percent since sinking to a three-year low Jan. 25, more than doubling the S&P 500 Index’s return. The surge pushed railroad stock …

  BAGHDAD / AP US-backed Iraqi government troops announced on Wednesday they were in “full control” of eastern Mosul after routing IS militants from that part of the northern city, three months since the major operation started. The achievement was a “big victory,” said Iraqi Army Lt. Gen. Talib Shaghati, who commands the counter-terrorism forces, describing the success of the Iraqi …

  GAO / AP A suicide bomber in an explosives-laden vehicle attacked a camp in northern Mali on Wednesday, killing at least 50 people and wounding dozens of soldiers and former fighters now trying to stabilize the region. While there was no immediate claim of responsibility, suspicion quickly fell on the extremist groups operating in the area which oppose the 2015 …