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Daily Memo:

Medford TV station earns national recognition

KDRV-TV's campaign to put computers in area school classrooms earned the Medford television station national recognition from the Community Action Network, a volunteer nonprofit organization that seeks solutions to community social problems.

The Community Action Network gave KDRV the first place local television award in October for its part in the Two by 2000 campaign, which sought donations to buy two computers for every Medford school district classroom by the year 2000.

Antitrust regulators zero in on AOL, Time Warner deal

WASHINGTON — Antitrust regulators are nearing a decision on the fate of a merger between America Online and Time Warner with an eye toward ensuring the colossal new business won't squelch consumer choice for high-speed Internet connections and other emerging services.

The Federal Trade Commission could rule before week's end on a deal that holds the promise of reshaping the landscape of the online world. Approval by a majority of the five-member FTC panel would clear the way for the Federal Communications Commission to complete its review of the $129 billion deal, the final hurdle facing the companies.

Daewoo Motor Co. declared bankrupt, GM deal harder

SEOUL, South Korea — Creditors of Daewoo Motor Co. declared the nation's third biggest automaker bankrupt on Wednesday after its labor union rejected a restructuring plan calling for layoffs.

Daewoo's creditors could now be at a disadvantage as they try to sell the company to General Motors Corp.

Daewoo is the latest casualty of South Korea's stepped-up campaign to restructure its debt-ridden big businesses to restore investor confidence in the economy.

From wire and staff reports