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    Bank Of America Dropping Plan For $5 Monthly Debit-Card Fee

    Steve Rhodes: http://www.flickr.com/photos/ari/5957988430/

    Bank of America just confirmed that it is dropping a plan to charge many of its debit-card customers $5 a month if they use them to make purchases.

    "We have listened to our customers very closely over the last few weeks and recognize their concern with our proposed debit usage fee," David Darnell, co-chief operating officer, says in the statement BofA just issued. "Our customers' voices are most important to us. As a result, we are not currently charging the fee and will not be moving forward with any additional plans to do so."

    The Wall Street Journal broke the news and others, such as Bloomberg News, have followed.

    BofA's plan, announced in late September, wasn't popular with many customers and consumer rights activists. Sen. Dick Durbin, D-Ill., said the bank was "sticking it" to customers.

    Last week, JPMorgan Chase & Co. said it was dropping plans for a $3-a-month pilot project. Other banks, including U.S. Bancorp, Citigroup Inc., PNC Financial Services Group Inc. and KeyCorp, also decided not to try to impose such charges.

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

     

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    'It's A Surviving Tool': 'Native' Tells Satirical Stories Of Life In Israel

    NPR's Kelly McEvers talks to author Sayed Kashua, an Israeli-Palestinian whose satirical weekly columns in Haaretz newspaper are collected in his new book called Native.
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    What The Heck Is Natural Wine? Here's A Taste

    Natural wines can be off-putting at first: perhaps darker than usual, a little fizzy or cloudy. Some find them charming, others unsophisticated. Here's a guide to this trending, quirky style of wine.
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    Jim Gilmore, Who Was Campaigning For President, Isn't Anymore

    He had the resume — swing-state governor, veteran, ex-party leader — but there's a good chance you had no idea he was running. Judging by vote totals, Iowa and New Hampshire may have missed it too.
    NPR

    Colonialism Comment Puts Facebook Under Scrutiny

    A Facebook board member lambasted a decision by regulators in India, the social network's second-largest market. He thereby sparked new scrutiny of Facebook's intentions in that country.

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