At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:

  • Research In Motion (Nasdaq: RIMM) bids farewell to co-chief executives Jim Balsallie and Mike Lazaridis in a management shift that the company hopes will make it more competitive against Google's (Nasdaq: GOOG) Android and Apple's (Nasdaq: AAPL) iPhone devices.
  • Apache (NYSE: APA), one of the biggest U.S. gas producers, is buying privately held oil and gas company Cordillera Energy Partners III for $2.85 billion in cash and stock.