Page 54 - Aol News Today

Figure out how to deal with that whether its a laying people off, not hiring people, downsizing. we have to make some tough choices because now as a company were under new pressure. >> he should have blamed president obama for this. >> im down with that. >> youre a hater. >> but the identify actually responsible for forcing armstrong and other companies to make choices, the president, yes, blame him. >> youre encouragable. >> from aol to apple and our exclusive chat to carl icahn, making big new...

Murdering unarmed teen average over loud music. a friend of the victims family will join us live. talk to the publicist of michael sam, the university of missouri all-american who is now on the verge of becoming the nfls first openly gay player, the league says its ready, but what about the teams drafting him? well talk about that. plus the ceo of aol in damage control mode after the firestorm he created when he blamed benefits cuts in part on two mothers with, quote, distressed babies, one of...

Talking about my daughter, to hear her labeled a distressed baby. to me, it did sound like the implication that somehow we were greedy consumers of health care benefits, that we had gobbled up more than our share of the pie. >> that mother, thats deanna fei, wrote a really moving and compelling article for slate.com saying he, armstrong, exposed the most searing experience of our lives for no other than than for absurd cost-cutting. >> tim armstrong is a ceo of a company that a lot of people wou...

It looks like the future! we must have encountered a temporal vortex. further analytics are necessary. beam us up. ♪ thats my phone. hey. [ female announcer ] the x1 entertainment operating system, only from xfinity. tv and internet together like never before. aol ceo is under fire following comments he made during a town hall meeting with employees. while telling workers the company plans to cut back on 401(k) plans, tim armstrong blamed costs associated with the birth of, quote, two distre...

Believe qualities? >> we talked about the obama administration of being extremely tight on leaks and anybody coming out saying something they dont like. man or women, president or secretary of state. this is worth knowing about it. >> michaela makes a point. the reason not to talk about, it is old, icky, and none of our business. ahead, aol ceo is backpedaling on a benefits policy about an insensitive comment about employees children imagine taking your kids to the zoo and they see this happ...

Shocked and appalled. in addition have federal privacy laws, as a ceo of the corporation as large as a well, he should know that. having said that, yet so tired of ceos blaming the affordable care act have any kind of health care but takes away from their own personal wealth. a lot of these people make seven digit salaries whether the company succeeds or not. they wor were the affordable cae act, these two lovely babies could not have had a pre-existing condition be benefits to cover them. so i ...

Were greedy consumers of health care benefits that we had kind of gobbled up more than our share of the pie. >> reporter: she wasnt alone in her shock. aol did an about-face restoring its original 401(k) policy. in a letter to the staff armstrong said i made a mistake and apologize for my comments last week at the town hall when i mending specific health care examples. nbc news reached out to aol and a spokesperson said armstrong has apologized personally to the family. >> he has spoken in heart...

Gotten in trouble for it. >> one of the two mothers is speaking oun at and armstrong i backtracking. >> reporter: deanndeanna, every with her daughter is daughter as she was born three months premature. >> on her first day, we were told that we had a -- im sorry. a one-third chance of her dying before we would be able to bring her home. >> her husband works for aol. last week, armstrong said they were changing its 401(k) business. in health care rising costs it paid $2 million for what he called...

Heres a memo for ceos everywhere. if youre cutting retirement benefits, dont try to justify it by blaming sick babies. thats what the head of aol did last week, announcing cuts to employees 401(k) plans. tim armstrong cited one reason in particular, two sick babies, born to aol employees. the remarks set off a wave of criticism. and now the mother of one of those babies is speaking out. >> to me, there did sound like the implication that somehow we were greedy consumers of health care benefits, ...

Right now for aol. >> stocks up 15%, revenues up 13%, 14%. and they want to cut costs. its a important reminder. these are the rules of business. >> thank you very much. an important reminder, the mother involved in all of this who spoke out about the fact that her baby was one of the distressed babies by the ceo. thats tonight at 7:00 eastern. >> lets take a look whats in the morning papers. computer experts say attacks against target and other retailers may be the tip of the iceberg. according...