Kodak’s patents could come in handy in the ongoing patent wars. All smartphones have digital photography technology. Eastman Kodak is prepping for a Chapter 11 bankruptcy filing that could put an interesting twist in the patent wars. According to the Wall Street Journal, Kodak is looking for $... Read more...
Amid all the negative coverage of the Solyndra solar bankruptcy in the past two weeks, three other tidbits might have escaped your notice. But I think they bear highlighting here, because solar technology continues to be an incredibly viable renewable energy option for the United States — not ... Read more...
Over the last two weeks hundreds of news articles have appeared in the mainstream news which have suggested that BP is shortly headed into bankruptcy due to the enormous expenditures they will incur cleaning up the Deepwater Horizon oil spill. Just four days ago BP executives agreed to establish a... Read more...
Japan Airlines (JAL), Asia's biggest air carrier, has filed for bankruptcy protection, in one of the country's biggest corporate failures. Some 15,600 jobs are expected to be cut. All board members have also voted to resign, according to Japanese media. A state-backed turnaround organization h... Read more...
The current financial collapse has the West hearing phrases not heard before: “exploding deficits” and “devastating inflation,” with the situation possibly getting “worse than the Great Depression.” In the end, the “magnitude of the debacle” may cause the situation to “fragment d... Read more...