Jury recommends death for serial killer Alcala
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Good morning. It’s Wednesday,March 10, 2010. Here’s what’s happening:
Bank of Americaplans to announce today that it is eliminating $35 overdraft fees on debit-card purchases as the bank tries to stay ahead of a sweeping round of regulations. The move means that any customer who attempts a purchase with insufficient funds will be denied at the point of sale. That will affect people whoget nicked on small, everyday transactions such as coffee, groceries or subway passes without knowing their account is temporarily running a deficit. Thepolicy will begin for new customersJune 19 and in August for existing debit-card holders. Citigrouphas a similar policy in place. Overdraft fees are an important source of revenue for banking institutions, which earned $36.7 billion in 2008 for service charges on deposits even as U.S. banks got massive infusions of taxpayer-funded aid.
Israel apologized today for disrupting the visit of Vice PresidentBiden with its announcement of 1,600 new homes in disputed East Jerusalem but made clear it 
had no intention of reversing the order that has cast a shadow over the latest U.S. push for Mideast peace. As Biden held talks with top Palestinian leaders in the West Bank, Israeli Interior Minister Eli Yishai, whose office announced theconstruction on lands Palestinians claim for a future state, said the problem was about timing, not substance. “We had no intention, no desire, to offend or taunt an important man like the vice president during his visit,” Yishai told Israel Radio. “I am very sorry for the embarrassment. We need to remember that approvals are done according to law even if the timing was wrong. … Next time we need to take timing into account.” Palestinian Prime Minister Salam Fayyad said the Israeli announcement was “damaging” and posed a “great challenge” to restarting peace talks.
Americans have come to detest Congress ever more deeply as it nears the end of a nasty fight over health care. But more than half still back PresidentObama, a bright spot for a Democratic Party counting on its leader to help stave off expected losses in elections this fall. The latest Associated Press-GfK poll finds that fewer people approve of Congress than at any point in Obama’s presidency. Support has dropped significantly since January to 22% as the health care debate has roiled Capitol Hill. Neither Republicans nor Democrats are safe; half of all people say they want to fire their congressman. Conversely, Obama’s job-performance standing is holding fairly steady at 53%. The president has gained ground on national security issues, specifically the subsiding Iraq war and the escalating Afghan war.
Source: content.usatoday.com
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Tags: disputed east jerusalem, Israeli Interior Minister, overdraft fees, Palestinian Prime Minister