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Bradford Cohen, Black’s Florida-based attorney, decried Hunter’s apparent slap on the wrist, alluding to “2 tiers of justice” which he claims led his client to be sentenced to 46 months in prison for the same crime that President Biden’s son has been charged with. “2 tiers of justice? Kodak was charged for the same crime. Got over 3 years. Mr. Biden will not serve a day. Feels right? Do FBI agents and federal authorities take cases personally?” Cohen wrote in an Instagram post on Tuesday. Black, a two-time Grammy Award nominee, pleaded guilty in 2019 to providing an incorrect Social...

Republican Sen. Rick Scott of Florida on Wednesday criticized Eastman Kodak CEO James Continenza for apologizing to Communist China for an Instagram post showing conditions in the Xinjiang region, saying the apology only empowers Beijing to continue its atrocities against Uyghur Muslims. Kodak last month deleted a post featuring 10 images by photographer Patrick Wack depicting the Xinjiang region in western China, where the Chinese Communist Party is accused of committing crimes against humanity against hundreds of thousands of Uyghur Muslims who are imprisoned there and forced to perform hard labor. In the post, Mr. Wack described the photos as...

In deleting an Instagram post that is offensive to the Chinese government’s sensibilities, and apologizing for posting it, Kodak has basically promised Beijing that it will “learn, grow, and do better.” The US company issued a statement after removing content by photographer Patrick Wack – who described the Xinjiang region that is home to the Uyghur minority as “an Orwellian dystopia” – saying they don’t endorse or share the Frenchman’s views. Kodak had shared ten photos by Wack shot on the film it produces, in order to promote his book, which aims to visually present the way Xinjiang has been,...

A shooting near a Tallahassee McDonald’s involving Kodak Black’s entourage remained unsolved Friday, but the plot thickens. According to the Tallahassee Democrat, a security guard for the Pompano Beach rapper was shot early Monday morning outside the fast food restaurant. Tallahassee Police Department spokeswoman Alicia Turner confirmed the shooting to the Democrat but did not return the Miami Herald’s request for comment.

China is threatening to cut off our supply of critical medicines even as we suffer in the midst of a pandemic. A shocking headline from the South China Morning Post on August 26 highlights just how real this threat truly is: “China Could Weaponise drug exports to retaliate against US chip restrictions, Beijing Advisor Says.” As I have highlighted in a previous op-ed, this threat must not be taken lightly. The South China Morning Post is owned by Alibaba and believed by many to be a mouthpiece for the Chinese Communist Party. Li Daokui, the advisor quoted in the article, is a...

Eastman Kodak's (NYSE:KODK) hopes of becoming a key supplier to the pharmaceutical industry just hit a major snag. The one-time camera and film giant was attempting to use a $765 million loan from the U.S. government to pivot its ailing business. Its plan was to launch Kodak Pharmaceuticals, which would produce pharmaceutical ingredients deemed critical in the fight against COVID-19. Now, those plans have been thrown into disarray. A downwardly sloping stock chart. EASTMAN KODAK'S STOCK PLUMMETED ON NEWS THAT ITS LOAN COULD BE IN JEOPARDY. IMAGE SOURCE: GETTY IMAGES. The Defense Production Act loan was awarded to Kodak by...

At the beginning of this week, the Eastman Kodak Company handed its chief executive 1.75 million stock options. It was the type of compensation decision that generally wouldn’t attract much notice, except for one thing: The day after the stock options were granted, the White House announced that the company would receive a $765 million federal loan to produce ingredients to make pharmaceuticals in the United States. The news of the deal caused Kodak’s shares to soar more than 1,000 percent. Within 48 hours of the options grants, their value had ballooned, at least on paper, to about $50 million.

As I wrote earlier this week, there’s a major scandal brewing in this deal. Everything about it looks fishy: While Trump has refused to heed calls to invoke the Defense Production Act for the manufacture of PPE and COVID-19 testing supplies, he suddenly gifted Kodak, the camera people, with a $765M loan for a not-yet established division to start producing ingredients for pharmaceuticals. The Washington Post notes that the lender, U.S. International Development Finance Corporation, or DFC, “normally funds infrastructure and other projects in the developing world. But in an executive order signed in May, President Trump gave DFC...

Eastman Kodak company dey port from producing photography film to production of medicine. Di 131 years old company bin dey number one position for di manufacturing of film wey dem dey take snap photo for many many years. Di camera company and photography giant fail to cross enta di 21st century era of digital cameras, even though na dem invent di first digital camera for 1975.

As the Trump White House this week announced a major deal to pivot photo giant Kodak toward pharmaceutical manufacturing, it made clear this was just the first step in a broader plan to break Chinese dominance of supply chain in manufacturing. With a focus first on healthcare manufacturing, the White House brokered a $765 million loan to Kodak after noticing 90% of the main ingredients of the most common pharmaceuticals taken each day in the United States are manufactured abroad. Adam Boehler, CEO of U.S. International Development Finance Corporation, is a lead administration official on the Kodak deal, and said...

Kodak stock is up over 300%, higher volatility triggered nearly twenty trading halts today. Kodak shares increased three-fold on Tuesday, and the stock is up over 1,450% approximately this week. At the beginning of the week, Kodak stock was trading at $2.77. Today, it reached a high of $60. Kodak won a government loan to produce ingredients that are used in critical generic medicines to battle the coronavirus. The company secured a $765 million loan under the Defense Production Act. The intention is to speed up the production of the drugs that are short in supply, specifically drugs that are...

Eastman Kodak shares are enjoying a renaissance. Shares were up 160% early Wednesday morning, building on Tuesday’s incredible 200%-plus gain. That gain was just a prelude. By midday, Kodak shares were up more than 340%. Fresh capital and a new business are the reasons for the eye-popping rise. The question for investors now is how high can shares go? It isn’t an easy question to answer. There are no analysts covering the company and no target prices to help investors. What’s more, the company is taking a government loan to build a drug-ingredient business. Kodak (ticker: KODK), has been and...

President Donald Trump officially announced that his administration is giving camera brand Eastman Kodak a $765 million loan to start producing pharmaceutical ingredients in the country, so the U.S. is less reliant on foreign supply chains amid the coronavirus pandemic. 'It's a great name when you think about it. Such a great name. Was one of the great brands of the world. Then people went digital and Kodak didn't follow, but now under very extraordinary leadership they are following and they are doing something that's a different field,' Trump said from the White House podium Tuesday. He called it a...

Investors really love Eastman Kodak's makeover. One day after the 130-year-old industrial company announced plans for its own cryptocurrency, shares are soaring 72 percent. KodakCoin will roll out after an initial coin offering later this month, Kodak said Tuesday. Blockchain, the technology underpinning popular digital currencies like bitcoin, is going to be used to build KodakOne, the company's new photo rights and royalties tracking product for digital photographers. KodakCoin will be the currency used on that platform. Kodak shares jumped more than 60 percent Wednesday and have now tripled since the announcement. The shares were around $3.13 before the announcement...

Gail Evans and Marta Ramos have one thing in common: They have each cleaned offices for one of the most innovative, profitable and all-around successful companies in the United States.

Kodak may have hit hard times in recent years, but 120 years ago it was the pioneer of home photography. In 1888 it created the Kodak No.1, which gave consumers a chance to capture relaxed scenes which had previously only been taken by professional photographers. These snapshots taken by amateurs give a charming insight into everyday life in the 19th century. It was simple to use - users would simply point in the direction of their subject, although it was a guessing game as there was not a viewfinder yet, reports Gizmodo. They would then wind the film, open the...

Eastman Kodak Co. says it’s ending in-house production of one of the key components of camera film and cutting 61 jobs. … Kodak spokesman Christopher Veronda told the newspaper the company has an inventory of acetate base that’s expected to last years, and is looking at options for external supply beyond that. …

-- Kodak -- the company known for decades for its cameras and film -- this week confirmed it used weapons-grade uranium in an underground lab in upstate New York for upwards of 30 years. A company spokesman and a former scientist for the firm say there was not enough material to sustain a nuclear chain reaction. Former Kodak researcher Albert Filo said the uranium was alloyed with aluminum in plates sealed in sleeves that were not moved for three decades. The amount of fuel was about 3½ pounds, which experts say is less than one-tenth of the amount necessary to...

A Kodak industrial facility in New York, was home to a secret nuclear reactor containing weapons-grade uranium. The research reactor was housed in an underground labyrinth in one of the buildings at the former Kodak Park site in Rochester and was the size of a fridge. Kodak used it to check chemicals and other materials for impurities, as well

Kodak announced today that it has decided to discontinue its color reversal (AKA slide) films due to a steady decrease in sales and usage. The films discontinued are Ektachrome E100G/E100VS and Elite Chrome Extra Color 100. The company estimates that based on current sales pace, you’ll still be able to purchase the discontinued films for about six to nine months. If you were a loyal Kodak slide film shooter, it’ll soon be time to switch over to negative film or to Fujifilm color reversal films.