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Time Warner Plans for Settlement Time Warner Inc. said Wednesday that it is creating a \$500 million reserve in response to the federal investigations of its America Online unit and that it also will restate AOL Europe's financial results for 2000 and 2001. &lt;BR&gt;\&lt;FONT face="verdana,MS Sans Serif,arial,helvetica" size="-2"\ color="#666666"&gt;&lt;B&gt;-The Washington Post&lt;/B&gt;&lt;/FONT&gt; 