Page 62 - Aol News Today

Front lines. i want to begin with cisco. the biggest maker of networking equipment for the web, cisco says it is laying off 5% of the workforce. sales came in well short of expectations. its global economic well bellwether. shares of cisco are falling as much as ten percent after the stock market close. the ceo of the company says that cisco, quote, isnt growing as fast as we need. outfront learned prosecutors have offered katlyn hunt a new plea deal. she was an 18-year-old florida teenager ch...

With a 14-year-old girl. the deal still includes a felony charge. by all accounts this was a consensual relationship. the hunt attorney turned it down but it is not clear as to whether hunt has declined a deal. outfront update on the aol employee fired for taking a picture of the ceo during this conference call. >> abel put that camera down right now. you are fired, out. >> we have the pictures that cost the employee his job. armstrong said he is sorry, not for firing him but not for firing hi...

Coca-cola is defending aspartame, aka nutrasweet. saying the sweetener is safe. from the critic who push say its drinks and food products help promote obesity. more legal trouble for chris brown. the singer is being sued by a cousin of r and b start frank ocean. the cousin claiming that the star beat him up last january. outside an l.a. reporting studio apparently started after brown parked in oceans parking space. and a source for chris brown tells the associated press the suit is frivolous a...

A great motivator. not good for his image but he was saying to everybody youre on board or youre not. and although it humanely seems unappealing, from a management point of view, there is a tactic there. >> for someone who worked at aol and a lot of people were let go there, tim armstrong, a lot of people really like him. >> good guy. >> patch is his thing. its an idea that tim had about local community based reporting. >> love it by the way. >> he feels incredibly responsible for it. think abou...

Expanded high speed internet access in every public school. he covers the cost of project connected by raising fees on mobile phone users. in the "new york times" how prescription sleep aids can impact a persons ability to drive safely the next morning. in "the wall street journal" enjoy a good laugh at work, studies show employees prefer to hire people with senses of humor and works both ways, mixing laughter and fun into company culture attracts skilled workers, thats why we enjoy ourselve...

Expectatio expectations. shares of cisco are falling as much as ten percent after the stock market close. the ceo of the company says that cisco, quote, isnt growing as fast as we need. outfront learned prosecutors have offered katlyn hunt a new plea deal. she was an 18-year-old florida teenager charged with having sex with a 14-year-old girl. the deal still includes a felony charge. by all accounts this was a consensual relationship. the hunt attorney turned it down but it is not clear as to ...

Theyll start winding down their bond-boying program. the big news on the day was apple which saw its stock surges on a single tweet from a prominent billionaire activist investor. lets check in london. mr. icahn strikes again. >> absolutely. this is phenomenal. he added $13 billion on the day to the value of appleby tweeting that he has an interest in the stock and that hes been talking to mr. cook about the possibility of using the huge cash surplus over at and toll buy back more stock. now, yo...

Business. tim armstrong, the ceo of aol is apologizing after he abruptly fired an employee during a conference call late last week. more than 1,000 employees were on the call. heres the moment the worker was very public lily let go. >> abel, put that camera down right now. abel, youre fired. youre out. >> armstrong was upset about the camera. he writes "i am writing you to acknowledge the mistake i made last friday during the patch all-hands meeting when i publicly fired abel lenz. hes going on ...

A federal judge has dismissed the racial discrimination claims in a lawsuit filed against the celebrity chef. deens former employee claims that she was denied, quote, the right to work free from racial harassment. deen even admitted in a deposition that she used the n-word a very long time ago, in her words. but the judge decided that the discrimination claims didnt add up because the employee was white. maybe it was just bad timing. aols ceo, tim armstrong, was on a conference call. there wer...

Abel, put that camera down right now. abel, youre fired. out. eight seconds of awkward silence with those one thousand people followed. we reached o out to aol and the employee, but neither have responded. a new survey out today shows that 80% of new yorkers view anthony weiner negatively. shocking that 20% dont. that doesnt bode well for the mayoral candidates imploding campaign. judging from a buzz feed q&a that wrapped up moments ago, weiner clearly is not backing away from the race or his ...