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AOL reverses unpopular retirement plan move

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AOL Corp. CEO Tim Armstrong has abandoned an unpopular plan to delay company contributions to employee retirement accounts and apologized for citing two high-cost births as part of the impetus for the plan. "We heard you on this topic," Armstrong wrote in a letter to employees Saturday. In a move to cut costs, AOL had decided to pay matching 401(k) retirement contributions in one lump sum at...

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