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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

    Chasing Food Dreams Across U.S., Nigerian Chef Tests Immigration System

    Tunde Wey wanted to share the food of his West African childhood. So he crossed the U.S. by bus, hosting pop-up dinners along the way. But Wey, like many immigrants, found success can unravel quickly.
    NPR

    Chasing Food Dreams Across U.S., Nigerian Chef Tests Immigration System

    Tunde Wey wanted to share the food of his West African childhood. So he crossed the U.S. by bus, hosting pop-up dinners along the way. But Wey, like many immigrants, found success can unravel quickly.
    WAMU 88.5

    New Challenges To Recycling In The United States

    Falling commodity prices are putting a squeeze on American recycling companies. What this means for cities, counties and the future of recycling programs in the United States.

    WAMU 88.5

    UMBC President Freeman Hrabowski

    Kojo chats with Freeman Hrabowski, the president of University of Maryland, Baltimore County, about the future of higher education - and what he's doing to steer African-American students into science, technology, engineering and mathematics.

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