IN BRIEF
PITTSBURGH — Officials at the Rivers Casino in Pittsburgh want to cut 126 slot machines to make way for table games.
Todd Moyer, the casino's general manager, told the Pennsylvania Gaming Control Board the casino wants to remove underperforming machines from the 3,000-machine casino. He believes revenues will increase because eliminating the machines will make way for table games that should draw more customers.
Some critics, including Republican state Rep. Mike Turzai, said fewer slot machines means less tax revenue that is used for property tax relief. But state Sen. Sean Logan said casinos should be allowed to make changes to increase profits, because that will increase tax revenue.
DEARBORN, Mich. — Ford earned $2.1 billion in the first quarter as the economic clouds parted and consumers grew confident enough to buy cars again. But the confidence didn't extend to investors, who pushed Ford's shares down Tuesday on concerns the automaker's recovery isn't sustainable.The profit of 50 cents per share was Ford's fourth straight positive quarter. It's an about-face from the same period last year, when Ford lost $1.4 billion, or 60 cents per share, at the height of the recession. Ford said it expects to be solidly profitable this year, a year earlier than its previous guidance.But investors worried the company can't maintain its strong gains.
