AMR Corp. (NYSE: AMR), the parent of American Airlines, expects to record a non-cash charge of nearly $1.3 billion in the second quarter, the company said in a filing with the Securities and Exchange Commission. The company also indicated it may cut nearly 7,000 jobs, or 8% of its workforce.

A federal judge in New York ruled Tuesday that Google Inc. (NASDAQ: GOOG) doesn’t have to turn over source code for the search function in its YouTube video service as part of an ongoing $1 billion copyright-infringement lawsuit filed by Viacom Inc. (NYSE: VIA), but it does have to turn over records of every video watched by YouTube users, including their login names and IP addresses, be turned over to the entertainment giant. If this doesn’t seem like a consumer privacy violation, I’m not sure what is.

Meanwhile, Apple Inc. (NASDAQ: AAPL) is also encountering some law suits. This time CEO “Steve Jobs and other managers were accused in an investor lawsuit against the company of backdating stock-option awards to maximize their personal profit.” According to Bloomberg, Shareholder Martin Vogel and co-plaintiff Kenneth Mahoney said in the new complaint that Apple executives hid the cost of the backdated options from shareholders, leading the company to file false financial statements.