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  • Hundreds Expected At Olympia Oil Train Hearing

    OIl-Train-1Environmentalists planned to pack the Thursday night public hearing in Olympia on the safety of oil train shipments through Washington. The Washington Environmental Council told The Olympian more than 600 people indicated they planned to attend. About 200 people attended a… Read More +

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  • Seattle Trades Away Smoak

    smoak3312014Seattle Mariners Executive Vice President & General Manager of Baseball Operations Jack Zduriencik announced today that first baseman Justin Smoak was claimed off waivers by the Toronto Blue Jays. The Mariners Major League, 40-man roster is now at 39 players. Smoak, who turns 28 on Dec. 5, appeared in 496 games for the Mariners after joining the club on July 9, 2010.

    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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