Page 56 - Aol News Today

>> as a ceo and as a management team, we had to decide, do we pass the $7.1 million of obamacare costs to our employees or do we try to eat as much of that as possible and cut other benefits? >> meet tim armstrong. hes the ceo of aol. since taking over in 2009, aol has spent hundreds of millions on properties like "the huffington post" and patch while laying off thousands of employees. but armstrong is doing okay. in 2012, he took home $12.1 million. so hes pretty good at making money. but what ...

People who made me look a lot smarter than i really am. >> very emotional. a tribute to the man he repla d replaced, johnny carson. >> i want to quote johnny carson who was the greatest guy to ever do this job and he said i bid you all a heart felt good-bye. >> it was a sad good-bye but its highly unlikely that will be the last we see of jay leno. tonight aol ceo is being slammed. you may say wait a minute. let me explain. aol is cutting 401 k. contributions that it makes to employees -- to so...

Taking this picture of armstrong. armstrong later apologized but lenz remains no longer with the company. lenz was an employee of patch. a hyperlocal news site that armstrong founded and was personally invested in. it was one of the first accusations he made as ceo of aol. it was armstrongs baby. aol sunk $300 million into patch and sold it off losing upwards of $200 million. laying off hundreds after patch employees in the process. some on another conference call. >> um, unfortunately, your rol...

Children by the time they are 44 years old so this means that while not all moms are called out by the ceo of aol, most women do experience some type of discrimination due to their maternal status in their lifetime. >> in fairness to mr. armstrong he did cite obamacare as a another reason he had to like cut benefits, cut the 401(k) benefits to employees. it was both things combined. a lot of companies are citing obamacare as a reason why they are cutting benefits. >> now that also is a red herri...

. another case of aol ceo trying to put his best foot forward and it lands in his mouthful they are cutting back on the 401(k) benefits and the company calls 2013 the strongest year in a decade. he talked to poppy harlow about the loss and benefits and it was due to the increasing cost of health care partly because of obamacare. he got more specific when he spoke to the employee-wide conference call yesterday. they report a transcript of the call and said an aol staffer gave on the website, he...

Hope youre off to a great day. the administration is considering yet another obamacare extension. this would allow individual market policy holders to keep their coverage for another three years. that move aimed at avoiding another waive of problems at the exchange rates -- with the prices of the exchange, rather, climb too high. but businesses say obamacare isnt helping them or their employees. the ceo of aol now speaking out about how this has affected his company. listen. >> we have to look a...

So that and the cost issue are driving real quick political moves on the part of this white house. >> not to mention whether or not these moves and changes, 25 now, since 2012. do you believe they are even legal? >> they havent been challenged -- excuse me, they havent been overturned. they havent faced a serious challenge yet. i dont know if they are legal. that will certainly be a question that will be tested down the line by republicans. >> no doubt about that. meantime, the ceo of aol tim ar...

The water is safe, but the district plans to keep on testing. coming up, workers at aol are going to see a little less money in their 401(k)s, and the reason? obamacare? thats what the ceo says. youre going it hear why in "money time," next. [ female announcer ] right when you feel a cold sore, abreva can heal a cold sore in as few as 2 1/2 days when used at the first sign. without it, the virus spreads from cell to cell. unlike other treatments, abreva penetrates deep to block the virus, to p...

Tone of moscows message towards the worlds population but at the end of the day it may be a symbol to seem they are sympathetic. >> if you logged on to google this morning, you saw this. google doodle is celebrating the olympics by taking a stance against russias anti-gay laws. google cites the olympic charter that stands up for all athletes regardless of sexual orientation by saying quote sport is a human right. still to come in the "newsroom" aol employees get their retirement benefits slashed...

Columbus, georgia at fort benning. in columbus, georgia it was still segregated and there was discrimination and racism. and so for me as a young lieutenant who couldnt go off the post in columbus, georgia, can go off the post anywhere in germany. it was a breath of freedom. it was a breath of freedom not only for me but for the germans who might have thought otherwise about black soldiers but recognized we can do the job as well as anyone. you should not judge us by the color of your skin. >> t...