Marketwatch:

SAN FRANCISCO (MarketWatch) — AT&T Inc. (T 26.24, +0.09, +0.34%) said it plans to take a non-cash charge of about $1 billion in the first quarter following the passage of the health-care reform bill earlier this week, according to a filing submitted by the company Friday. The telecommunication giant will also evaluate changes to its health care benefits for employees and retirees.

Racists!

More corporate adjustments here:

Wheat & Weeds – Features, Not Bugs