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Beef recall announced over E. coli fears
ROCHESTER, N.Y., Sept. 29 (UPI) -- Turnaround plans filed in bankruptcy court in Rochester, N.Y., have struggling firm Eastman Kodak downsizing further.
Court papers indicate the company intends to abandon its desktop printer business in 2013, despite the point that it was once expected to carry the company that has been struggling to find a new focus after decades as one of the world's leading camera film companies.
The shift to digital cameras clobbered Kodak.
The New York Times reported Saturday the new focus for the company is expected to be commercial printers and service, as it walks away from its desktop line that was designed for small businesses and home use.
The move is expected to cost the company $90 million and add 200 more jobs to the total of 3,700 jobs already lost in the restructuring.
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LONDON, June 19 (UPI) --
An oil company working in northern Iraq said Wednesday it was looking to confirm the region may be one of the best in the world in terms of resource potential.
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PARIS, June 19 (UPI) --
Aerospace industry contracts for commercial aircraft, related systems and services worth billions of dollars are being reported from the Paris Air Show.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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