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End of an Icon: Kodak Prepares to File For Bankruptcy

Digg - Business & Finance  Thu, 01/05/2012 - 21:58

Its products defined nearly a century of photography, cinema, and home video, but the venerable Kodak company is on the verge of bankruptcy.

While the company is reportedly preparing to file a Chapter 11 bankruptcy, which permits restructuring, the firm is caught in a merciless slide.

Once so synonymous with film that its products coined the...


 

7 Tell-Tale Signs that Your Best Employees are Shopping

Digg - Business & Finance  Sat, 11/12/2011 - 18:02

In a bad economy, talent is everything. Unemployment and lowered budgets force companies to latch onto their most productive employees to fill the voids left by downsizing.

In tech and other industries, it can be even harder as the top talent is well aware that their services are at high demand.

How can businesses determine when a rockstar is on the verge of leaving?


 

Asian stocks down as Greece uncertainty swirls

Newsvine - business  Wed, 11/02/2011 - 23:31

Asian stock markets fell Thursday for the fourth straight day as a European deal to bail Greece out of its financial mess appeared to be on the verge of unraveling.


 

Libya forces on verge of claiming Sirte

Topix - Business News  Sun, 10/09/2011 - 16:58

Forces loyal to Libya's new regime were on the verge of claiming full control of Moamer Kadhafi's hometown and bastion Sirte on Sunday after seizing i ...


 

News Analysis: On the Verge of a Double Dip Recession

NYT > Business  Wed, 09/07/2011 - 22:40

If history is a guide, the odds that the American economy is falling into a double-dip recession may have reached 50 percent.


 

Postal Service on verge of going broke, shutting down

Digg - Business & Finance  Mon, 09/05/2011 - 10:16

The U.S. Postal Service is so low on cash that it will not be able to make a $5.5 billion payment due this month and may have to shut down entirely this winter unless Congress acts to stabilize its finances.


 

Saab forced to halt production (again) over unpaid bills

Digg - Business & Finance  Tue, 04/05/2011 - 08:32

Following yesterday’s assurance that Saab “is not on the verge of collapse,” the Swedish automaker has once again stopped production due to payment disputes with its largest suppliers.

Saab stopped production for three days last week under similar circumstances.


 

AOL in talks to buy TechCrunch: report

Topix - Business News  Mon, 09/27/2010 - 19:07

If a report is correct, AOL is about to become as relevant to the Internet as it once was, in the days before broadband was popular, when it was large enough to buy Time-Warner.

GigaOM has reported thatA AOL is on the verge of buying TechCrunch .


 

Ill. budget proposal raises complex questions

Newsvine - business  Wed, 05/26/2010 - 18:59

Democratic legislators are on the verge of passing a state budget that would patch over a $13 billion deficit. Critics call it a farce that digs the state further into debt.

Even supporters admit it doesn't fix the state's long-term problems.


 

Debt Crisis Watch Turns to Portugal

NYT > Business  Thu, 04/15/2010 - 14:43

Speculators have begun to zero in Portugal, highlighting the very same economic flaw that brought Greece to the verge of insolvency.