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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.

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    A Story Of Torture And Forgiveness That Spans A Half-Century

    Director Jonathan Teplitsky speaks about his film The Railway Man. It tells the true story of Eric Lomax, a British Army officer who was a prisoner of war during World War II at a Japanese labor camp.
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    Consider The Can: An Unlikely Twist On A Louisiana Dish

    When Poppy Tooker was a kid, her favorite dish was her great-grandmother's Peas in a Roux. Only years later did Tooker discover that canned peas — not fresh or frozen — were the key to the recipe.
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    Chelsea Clinton Says She's Pregnant

    The 34-year-old daughter of former President Bill Clinton and former Secretary of State Hillary Clinton says she and husband Marc Mezvinsky are "very excited."
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    Ohio's Law Against Political Lying Heads To Supreme Court

    Can a state law prevent political campaigns from doling out misinformation? Guest host Celeste Headlee learns more from The Plain Dealer's Sabrina Eaton.

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