Economy Briefs: Sherwin-Williams to spend $2.34B on rival paint maker

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Lawmakers scoffed as Troy Alstead, Starbucks global chief financial officer, claimed that the fact the coffee giant had reported losses for all but one of the 15 years it has operated in the U.K. was due to poor performance.

PHONES

Troubled RIM to unveil new BlackBerry Jan. 30

TORONTO — Research In Motion said Monday that it will hold an official launch event for its new BlackBerry 10 smartphones on Jan. 30. The new phones are seen as critical to RIM’s survival.

The announcement comes as the company struggles in North America to hold onto customers who are abandoning BlackBerrys for flashier iPhones and Android phones.

ACQUISITIONS

Holding company Leucadia buying investment banker Jefferies Group

NEW YORK — Leucadia National is buying the investment banking firm Jefferies Group for about $2.8 billion in stock in a deal executives said Monday would better position both companies for growth in the years ahead.

The transaction will make Jefferies the largest business for a diversified holding company with more than $9 billion in assets.

From wire dispatches and staff reports

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