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  • Gas Price Update and Outlook

    gaspump blueAverage retail gasoline prices in Washington have fallen 2.6 cents per gallon in the past week, averaging $3.91/g yesterday, according to GasBuddy's daily survey of 2,666 gas outlets in Washington. This compares with the national average that has fallen 4.9… Read More +

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  • $50 Million: Cost of WA Wildfires

    helicoptercarlsonThe cost of fighting this season's wildfires in Washington, including the largest one in the state's history, has crossed the $50 million mark. Bolstered by the nearly 400-square-mile wildfire in north-central Washington, this year's wildfire season has been widespread, with dozens… Read More +

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  • Lynch's Absence Means Opportunities In Seattle

    seahawks blueThe absence of Marshawn Lynch from Seattle Seahawks training camp means opportunity for Robert Turbin and Christine Michael. Turbin and Michael were already going to get the bulk of the work during the preseason with Lynch being prepped for the grind of the regular season. But with Lynch holding out, Turbin and Michael are getting a greater opportunity to show they can handle the load.

    Read More
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Kodak Emerges from Bankrupcty, Shifts Focus to Business Markets

b_250_0_16777215_00_images_obgrabber_2013-09_44bbdcbf1c.jpgDaniel Acker/Bloomberg via Getty Images (NEW YORK) -- Kodak emerged from bankruptcy Tuesday with a new company plan, focusing solely on printing for documents, publications, and product packaging. Now, Kodak is what its chief executive calls "a totally new company. We have emerged as a technology company serving imaging for business markets – including packaging, functional printing, graphic communications and professional services,” Kodak C.E.O Antonio M. Perez said Tuesday.

“We have been revitalized by our transformation and restructured to become a formidable competitor – leaner, with a strong capital structure, a healthy balance sheet, and the industry’s best technology.”

Kodak, which used to employ tens of thousands of people, now has 8,500 workers.

Kodak has completed the final steps of its restructuring, including the spin-off of its Personalized Imaging and Document Imaging businesses to Kodak Pension Plan.

Kodak also paid off its DIP lenders and completed its rights offerings.

Copyright 2013 ABC News Radio

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