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RIM's two co-CEO's, Jim Balsillie, and Mike Lazaridis, both resign. The board appoints Thorsten Heins, chief operating officer, to be the next CEO of Research In Motion on Jan. 22, 2012. The appointment comes at a time when RIM is under increasing pressure to reverse its position of decline in the smartphone industry.

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Target's efforts to cope with the increasing use of Target and the internet for comparison shopping.

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In 2007 the Pakistan Supreme Court issued rulings that led to the ouster of the army led government of President Musharraf. A similiar situation is occurring today as the Supreme Court issues anti-corruption rulings against the government of President Zardari. The chief justice of the Supreme Court Justice Chaudhry says he is "buttressing democratic and parliamentary norms," as extensive corruption is affecting justice in Pakistan. Critics say Justice Chaudhry was not elected and is now questioning the authority of an elected government.

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Bill Keller looks at the options to use force to end Iran's nuclear weapons programs. He points out the common goals set by the Obama administration and the Bush administration for Iran's nuclear programs, even though politicians have taken different positions.

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Research In Motion's new CEO, Thorsten Heins, worked at Siemens for 23 years. He joined RIM in 2007. During the Siemens years Heins was head of the communications business and cheif of technology. At RIM he was the chief operating officer. He was brought into the company to bring new perspectives and fresh thinking into RIM. As COO he was in charge of hardware, software and more recently of sales. He said he plans on continuing the current strategy with better execution in product development and introduction and in marketing. RIM will continue focus on its next generation operating system, which it hopes to license to other companies.

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India's Supreme Court ruled that Vodafone PLC does not owe $2.2 billion in taxes on the acquisition of a majority stake in Hutchison Essar Ltd. The Indian tax authorites were directed to return 25 billion rupees ($500 million) which Vodafone had deposited. With declining foreign investment in India and a lower growth rate of about 7%, this tax case had assumed larger significance. The Supreme Court decision emphasized that taxing Vodafone "would amount to imposing capital punishment for capital investment." Vodafone had difficulties in its Indian operations- a $3.4 billion impairment charge in May 2010 because of strong competition. Vodafone is estimated to have invested $26 billion in India since 2007, and in the fiscal year ending March 2011 showed only $115 million in profit on sales of $3.86 billion.

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CEO Shigetaka Komori of Fujifilm Holdings Corp. describes how Fuji responded to the technological changes that made photographic film obsolete. Kodak recently filed for bankruptcy protection. Fuji made the transition to other products to cope with the change. Komori became president in 2000. He says one of the responses was to reduce costs. In 2005 and 2006 Fujifilm reduced costs by $2.5 billion mostly in photographic film. Fuji's management asked the question what technologies the company possessed and how they could be applied in new business areas. This led to new businesses in making the films used for making LCD panels used on PC's, televisions and other devices. These materials generate 10% of sales. The other areas are in medical equipment, drugs and cosmetics. Fujifilm acquired health care companies Toyama Chemical for $1.4 billion in 2008 and agreed to buy SonoSite for $995 in Jan. 2012. Health care now makes up 12% of sales.