America Online management asks CEO Parsons to drop AOL from name, saying it's hurting the brand.

A source familiar with the situation told CNNfn Monday that America Online Chairman and CEO Jon Miller has told parent company Chairman and CEO Dick Parsons that a name change would be beneficial to the Internet service provider.

Read more: [URL=http://money.cnn.com/2003/08/11/news/companies/aol_name/index.htm?cnn=yes]CNN[/URL].