Archive: 01/20/2012

Kodak gets 2013 deadline to reorganize

(AP) -- Eastman Kodak Co. has obtained a bankruptcy judge's approval to borrow an initial $650 million from Citigroup Inc. to keep operations running while it peddles a trove of digital-imaging patents.

dateJan 20, 2012 in Business
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NZ police raid file-sharing site founder's mansion

New Zealand police raided several homes and businesses linked to the founder of Megaupload.com, a giant file-sharing site shut down by U.S. authorities, on Friday and seized guns, millions of dollars, and ...

dateJan 20, 2012 in Internet
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Experts see tough road for Kodak to reinvent self

(AP) -- Even in bankruptcy, Kodak boasts some enviable strengths: a golden brand, technology firepower that includes a rich collection of photo patents, and more than $4 billion in annual sales of digital ...

dateJan 20, 2012 in Business
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Cruise ship threatens marine paradise

(AP) -- Stone fortresses and watchtowers which centuries ago stood guard against against marauding pirates loom above pristine waters threatened by a new and modern peril: fuel trapped within the capsized ...

dateJan 20, 2012 in Environment
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