Rival Conn. casino tribes forge alliance
In Mystic, Connecticut, Mashantucket Pequots and Mohegan Tribe leaders marked the 375th anniversary of the 1637 Pequot massacre with a fireside ceremony. The chiefs, Rodney Butler and Bruce Two Dogs Bozsum, signal a unified approach to mutual interests amid debt restructurings and slumping gaming revenue. They explore shared services and joint talks with the governor to cut costs and boost prosperity while debating online gambling regulations.
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Verizon posts record loss despite subscriber gains and iPhone sales
Verizon reports a 4.23 billion fourth quarter loss due to pension adjustments, with earnings per share at 1.48 loss. Excluding pension effects, earnings miss remains after Sandy-related costs and aggressive smartphone promotions. Revenue tops estimate at 30.05 billion as 2.2 million devices join wireless plans and 6.2 million iPhones activated.
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NokiaCp
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US stocks edge up as Dow leads five day S&P gain
Major indices rose with the Dow advancing decisively into afternoon trading as the S&P 500 climbed for a fifth straight session. DuPont posted higher profits but weaker revenue, J&J cut its 2013 forecast, Verizon rose on device activations, and Travelers posted higher core income despite Sandy related claims.
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J&j
Verizon Communications Inc
Verizon
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Lowell McAdam
Verizon Mobile
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