News Headlines Article

Big employers rethink their healthcare plans
Los Angeles Times

AT&T Inc. said Friday that it would record a $1-billion noncash expense in the first quarter related to the newly passed healthcare law, joining a growing list of large U.S. companies.

The AT&T write-down is the largest reported so far. Caterpillar Inc. this week recorded a $100-million charge in the first quarter, and Deere & Co. said it would report a one-time $150-million expense.