SAN FRANCISCO--3M Co. said Friday that it expects to record a non-cash charge of $85 million to $90 million after tax, or about 12 cents a share, in the first quarter of 2010 as a result of the recently passed health-care bill.
My ThoughtsAnother company announces that they will have to take a charge for the health care law that the President signed.
With the economy in a fragile state and slowly recovering, corporations will be faced with outsourcing the work to foreign countries and laying off employees.
So much for helping with jobs and stimulating the economy.
Posted using ShareThis
Post a Comment