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    Bank Of America Reports $6.2 Billion Profit

    Though the number is huge — $6.2 billion — this morning's third-quarter profit news from Bank of America is generating a lot of "yeah, but" analyses.

    As in:

    -- "It booked that profit largely on selling a bunch of assets and an accounting bonus to account for the declining value of its debt." (The Wall Street Journal)

    -- "The quarter's results were skewed by one-time pretax gains including $4.5 billion in fair-value adjustments of structured liabilities, $3.6 billion from selling a stake in China Construction Bank Corp. and $1.7 billion tied to changes in value of the company's debt." (Bloomberg Businessweek)

    -- "Stripping out a litany of exceptional items, from a $3.6 billion gain due to the CCB stake sale to a $4.5 billion boost from an accounting rule that allows banks to book a profit on the falling value of their own debt, BofA's businesses produced a loss." (The Financial Times)

    The bank's recent announcement of plans to charge many customers $5 a month if they make purchases with their debit cards has not gone over well with some folks, including President Obama.

    Copyright 2011 National Public Radio. To see more, visit http://www.npr.org/.

    NPR

    Costume Designer Colleen Atwood Took Unlikely Path To Hollywood Royalty

    Oscar-winning costume designer Colleen Atwood knows tough times. A single mom at 17 who once worked at a French fry factory to make ends meet is Hollywood royalty today. A favorite of director Tim Burton, Atwood is now costume designer for his adaptation of the darkly comic, Miss Peregrine's Home For Peculiar Children and the upcoming Harry Potter prequel, Fantastic Beasts and Where to Find Them.
    NPR

    Carnegie Deli Says It Is Closing Down Its Landmark NYC Restaurant

    As news of the closing rippled far beyond the deli's home turf in Manhattan Friday, hundreds of people responded with sadness and disbelief.
    NPR

    Gary Johnson Is Probably The Healthiest Candidate For President

    The 63-year-old Libertarian presidential nominee has run 17 marathons and four Ironman Triathlons. He doesn't drink or smoke cigarettes, though his doctor doesn't address his past marijuana use.
    NPR

    The People's Guide To Navigating Racial Awkwardness

    What are the best strategies for responding to uncomfortable racial comments? We asked, you delivered. Here are some of our favorite ideas.

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