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How Kodak went from film giant to facing financial peril

On HALO

1 hour ago

Kodak, once a titan in the film era, now risks fading into history as it faces the possibility of shutting down operations for good.The company experienced years of decline after failing to capitalize on the technology that it was credited with inventing, eventually leading the company down a path to financial peril. While the company announced in a Securities and Exchange Commission (SEC) filing on Monday that there was "substantial doubt" about the company's ability to stay in business, a spokesperson for Kodak asserted that it's confident in its ability to remain operational. The spokespers...

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