After 133 years, a bankruptcy, and multiple reinventions, Kodak’s latest snapshot is grim: The company says there’s “substantial doubt” it can stay in business. In a quarterly filing released Monday alongside its second-quarter earnings report, Kodak’s management raised serious concerns about its ability to continue operating over the next year. The warning stems from roughly $500 million in debt maturing …
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133-year old Kodak says it might have to cease operations
Facebook Tweet Email Link New York — Eastman Kodak, the 133-year-old photography company, is warning investors thats it might not survive much longer. In its earnings report Monday, the company warned that it doesn’t have “committed financing or available liquidity” to pay its roughly $500 million in upcoming debt obligations. “These conditions raise substantial doubt about the company’s ability to …
Read More »Astros Interested In Dylan Cease
The Astros have Padres right-hander Dylan Cease atop their deadline wish list, according to a report from Ken Rosenthal and Chandler Rome of The Athletic. Houston is also known to be looking for a bat and the report lists Willi Castro of the Twins, Jesús Sánchez of the Marlins and Jake McCarthy of the Diamondbacks as names the Astros are …
Read More »Latest on Dylan Cease, Eugenio Suarez, Yankees, Cubs and More
The MLB trade deadline is on Thursday, July 31 and the activity in recent days suggests it will be a very busy time across Major League Baseball. With buyers and sellers starting to make moves, the latest MLB trade rumors point to how the market will shake out this week. Let’s dive into the latest MLB rumors as of Sunday …
Read More »Meta will cease political ads in European Union by fall, blaming bloc’s new rules
LONDON (AP) — Facebook and Instagram owner Meta said Friday that it will stop all political advertising in the European Union by October, blaming legal uncertainty over new rules designed to increase transparency in election campaigns. The social media giant said in a blog post that it will no longer allow ads for political, electoral and social issues on its …
Read More »Padres Have Discussed Dylan Cease With Several Teams
The Padres have spoken to several teams about the possibility of trading right-hander Dylan Cease, reports ESPN’s Buster Olney. The Cubs, Mets and multiple AL East clubs have had some talks with San Diego, per the report. Separately, Olney’s colleague Jeff Passan also suggests that Cease has come up in trade talks, though that’s framed as other clubs approaching the …
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