RIM sets new Blackberry 10 release date
Technology • Research In Motion Ltd. plans to showcase the first two of its BlackBerry 10 smartphones on Jan. 30 and then start selling the devices in February. The rollout will finally get the BlackBerry 10 into consumers' hands after multiple delays put the phones a year behind schedule. RIM needs a hit to help it reverse market-share losses over the past two years to Apple Inc.'s iPhone and devices running Google Inc.'s Android software.
Economy • Japan's economy contracted in the latest quarter, signaling that like Europe it may already be in recession, further weighing down world growth. On an annualized basis, the world's No. 3 economy shrank 3.5 percent in the July-September quarter, the government reported. It was in line with gloomy forecasts after Japan's territorial dispute with China hammered exports that were already weakened by feeble global demand.
Assistance • One of the goals of the U.S. Small Business Administration is to provide financial aid to help the nation's veterans start and grow their own businesses. In its fiscal year ended Sept. 30, 2012, the SBA's Utah District Office guaranteed 64 loans to veterans totalling $12.8 million. Nationally, the SBA backed more than 3,200 loans supporting nearly $2.1 billion in financing to more than 2,800 veteran-owned small business.