AOL 401(k) cuts blamed on worker pregnancy, Obamacare costs

AOL CEO Tim Armstrong has created another "conference call moment." On Thursday, Armstrong blamed a change in AOL employees’ 401(k) plan on new costs associated with Obamacare, as well as $2 million AOL spent for two employees’ “distressed babies,” Capital New York reports, after it obtained a transcript of Armstrong speaking on an internal conference call...