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Times Staff and Wire Reports

Humana Inc. said it will cut up to 900 jobs nationwide next year, or as much as 5% of its work force, and take a pretax charge of about $15 million. . . . Colorado Springs, Colo.-based Cybex International Inc., a manufacturer of weight machines, fitness and rehabilitation equipment, and Medway, Mass.-based Trotter Inc., a maker of treadmills and strength training equipment, said they will merge under undisclosed terms. . . . Northern Electric said it has recommended that shareholders accept a $1.54-billion offer from U.S. utility CalEnergy Inc., ending a two-month takeover battle for the British utility.


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