. >> susie: coming up, our interview with verizon president lowell mcadam. you're watching "nightly business report" for tuesday, january 11. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. well, move over at&t. verizon announced today it will begin selling apple's popular iphone. tom, this ends ma bell's exclusive rights as iphone's sole carrier. >> tom: susie, a lot of people have been waiting for this, especially with so many complaints about dropped calls on the at&t network. a recent j.d. power survey put at&t last among the major wireless carriers for call quality in four of six national regions. starting february 3, existing verizon wireless customers will be able to buy the iphone 4. then on february 10, the verizon iphone will launch to the public in apple and verizon stores and online. the cheapest version will sell for $

. >> susie: and tom, i'll be talking with verizon president and chief operating officer lowell mcadam tomorrow at that event. >> tom: let's take a look at tonight's market focus... monday certainly lived up its reputation as an acquisition announcement day with several deals hitting the market. and we'll begin with the deal creating the biggest utility in the u.s. duke energy and progress will combine. here are the details. duke will pay $13.7 billion in stock for progress. based upon the closing price of duke, progress shareholders get just under $46 per share. the combo would have electricity customers stretched over six states. shares of progress moved down below the purchase price. shares started rallying six months ago as acquisition talks began. duke energy shares also slipped, down 1% on a huge pick-up in volume. the deal means duke will have more business in the regulated electricity market. maybe a small concern there. in the food business, dupont looks to have the winning bid for danish company danisco. it makes food ingredients and enzymes. dupont's offer is $6.3 billion, m