Is Kodak’s glorious days over? The days when Eastman Kodak Co. ruled the world of photography lasted for more than a century. Then came the most historic moment with turnaround of fortune, this icon of American business is edging towards extinction. Kodak filed for Chapter 11 bankruptcy fortification last week, alarming the Kodak admirers that [...]

A tepid resurgence has left many companies with crippling debt. The business report states that the photographic pioneer Eastman Kodak is facing financial difficulties. According to the report published this week in the Wall Street Journal, the company has planned to file for bankruptcy this month or perhaps in early February. Now, the company is [...]