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* AngloGold Ltd. withdrew its offer for Normandy Mining Ltd. and ceded the battle for Australia’s top gold miner to Newmont Mining Corp. Newmont has offered the equivalent of $2.34 billion for Normandy.
* Next Level Communications Inc. said it will reduce its work force by one-third, or 120 people, to conserve cash. The company also said it will report fourth-quarter revenue of $12.4 million, below its previous forecast.
* America West Airlines Inc. said it received a $429-million loan secured by the federal government, ending the threat of a possible bankruptcy filing, and used part of the cash to make an overdue lease payment.
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