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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/.

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    Comic-Con Fans Continue The Epic Battle Between Science And Fiction

    Fans of science fiction have long wrestled with the question of just how much science should be in their fiction. Advocates of different approaches met at San Diego's Comic-Con.
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    Scraped, Splattered — But Silent No More. Finally, The Dinner Plate Gets Its Say

    Instagram is the Internet's semi-obsessive, borderline-creepy love letter to food. But behind every great meal is a plate doing a pretty-OK job. So a comedian made an Instagram to celebrate plates.
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    Leaked Democratic Party Emails Show Members Tried To Undercut Sanders

    Just days before the Democratic National Committee convention gets underway, WikiLeaks releases almost 20,000 emails among DNC staff, revealing discussions of topics from Bernie Sanders to the media.
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    Making The Cloud Green: Tech Firms Push For Renewable Energy Sources

    Few people can demand what kind of electricity they get. But Microsoft and Facebook, which operate huge, power-hungry data centers, are trying to green up the electricity grid with their buying power.

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