• The deal between Comcast and GE to hand over control of NBC Universal to the cable giant is done; an announcement may come Thursday. [CNBC]
• Job cuts hit Gannett today; USA Today is reducing its staff by 5 percent. [AP]
• So much for Lou Dobbs moving over to CNBC. The cable network now says it has no plans to hire the ex-CNN anchor/possible political candidate. [NYT]
• Will Bravo get into trouble if it goes ahead and casts White House state dinner crashers Tareq and Michaele Salahi on The Real Housewives of DC? Did the Today land an interview with the couple because of their pending deal with sister network Bravo? So many questions, so few answers. [NYDN, Gawker]

• A big round of layoffs landed at the Associated Press today. [BI, NYT]
• Budget Travel isn't shutting down, contrary to rumors. But its owner is looking to sell the magazine or find new investors, however. [AdAge]
• Time.com's managing editor, Josh Tyrangiel, will become the editor of BusinessWeek when Bloomberg LP takes over next month. [BW, WWD]
• The NYPD raided four newspapers as part of a union corruption probe. [AP]
• Is Newsweek's new Sarah Palin cover sexist? Or just funny? [HP, Wrap]
• Because print media is booming and newspapers will be around forever, Mort Zuckerman's Daily News spent $150 million on a new printing plant. [NYT]
• A documentary about media reporters at the Times? Oh, yes, indeed. [NYO]
• Bonnie Fuller's new Web venture launched today. [HollywoodLife.com]
• TV: Oprah GBF Nate Berkus is getting his own daytime show; and Bob Saget will host an A&E reality series in which he'll "explore strange subcultures."
• Rupert Murdoch probably isn't very popular with the blind today. [Gawker]

• A&E has agreed to acquire Lifetime, which means it's not entirely out of the realm of synergistic possibility that Duane Chapman of Dog the Bounty Hunter will make a cameo on Project Runway sometime next season. Yay. [THR, NYT]
• The Daily News has dropped its restaurant critic, Danyelle Freeman, and doesn't appear to be making any plans to replace her. [P6, NYT]
• Another luxury magazine is coming! The Financial Times plans to bring its quarterly glossy, FT Wealth, to American shores this October. [Crain's]
• It's been nearly two years since Oprah announced plans to launch a cable channel, and the venture's been riddled with problems ever since. [LAT]
• Italian officials are now investigating Google for its "lack of transparency." Yes, the same Italy that's governed by a man named Silvio Berlusconi. [NYT]
• Larry David will be bringing the cast of Seinfeld together for a multi-episode appearance on the new season of Curb Your Enthusiasm. Which makes sense considering it's not like Jerry Seinfeld, Julia Louis-Dreyfus, Jason Alexander, or Michael Richards have anything better to do, now do they? [EW, LAT]

• Just when you think members of the Jackson family can't possibly stoop any lower comes confirmation they've agreed to do a reality TV show for A&E. It's going to be "genuine," says the show's producer. Clearly. [THR]
• Because the public has been clamoring for 24/7 access to fake wrestling matches, the WWF is now hoping to start up its own cable network. [NYP]
• More on what went down when Vogue editor Anna Wintour sat down to chat with David Letterman on his show last night. [WWD]
• Sony unveiled its electronic reading gizmo/Kindle competitor today. [NYT]
• The Observer's Jason Horowitz is leaving for the Washington Post. [NYO]
• A homeless woman has scored a four-month internship at Elle. Just wait until Elle "employee" Olivia Palermo gets her hands on her on the next season of The City. Homelessness, we presume, will never have looked so good. [Gawker]