Kodak Files for Bankruptcy

Future looks bleak for photography pioneer's workers, retirees

By Rob Quinn,  Newser Staff

Posted Jan 19, 2012 1:47 AM CST | Updated Jan 19, 2012 6:30 AM CST

(Newser) – The once-mighty Eastman Kodak company has filed for bankruptcy. The 131-year-old firm, unable to reinvent itself quickly enough for the digital age, filed for Chapter 11 bankruptcy protection this morning after running out of cash to fund its turnaround, the Wall Street Journal reports. The...   Read full story »

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