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TRANSPORTATION
Ford cuts 3,000 Belgian workers
That brings the world's No. 2 automaker's recent planned job cuts in Europe and North America to 7,700. Ford said it's cutting output and ending plans to build the next generation Focus at the Belgian factory. DaimlerChrysler reportedly aims to ax up to 5,000 Chrysler jobs via early retirement packages.
MEDIA
Vivendi, NBC close to merger deal
They could announce a final deal for a $40 bil-plus merger of GE's NBC and Vivendi's U.S. entertainment assets as early as Thursday, sources said. Deal terms are reportedly the same as indicated in Sept.: GE takes an 80% stake in the venture, Vivendi 20%. Vivendi Universal Entertainment shareholders will also get $3.8 bil cash.
** Ex-Vice President Al Gore is near a deal to buy Vivendi cable news channel Newsworld for $70 mil, sources said. That could let him start a liberal news outlet vs. the conservative Fox News.