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Gov't backs 4 more solar loans as deadline looms
The Energy Department on Friday approved four more solar energy loan guarantees worth nearly $5 billion, hours before a controversial loan program was set to expire. Energy Secretary Steven Chu said the department completed deals on four separate
Updated: 09/30/2011 06:27P

Judge wants quick hearing in Dodgers bankruptcy
As part of a technology change, commenting will not be available on some articles for a number of months. Read more about the change here. By RANDALL CHASE The Associated Press A Delaware bankruptcy judge is expecting baseball Commissioner Bud Selig
Updated: 09/30/2011 06:12P

Obama administration approves 4 more solar energy loan guarantees worth nearly $5B
28, 2011, the department has completed a $737 million loan guarantee to Tonopah Solar Energy, for a 110 megawatt solar tower on federal land near Tonopah. SolarReserve LLC, of Santa Monica, Calif., is the parent company for Tonopah Solar Energy.
Updated: 09/30/2011 05:59P

Kodak may file for bankruptcy
Eastman Kodak, the troubled camera maker, is considering a possible filing for bankruptcy, according to a person briefed on the matter. Currently there are no comments. Be the first to comment! To our readers: Registration is required before your
Updated: 09/30/2011 05:54P

Tech wrap: Not a pretty picture for Kodak
Eastman Kodak Co shares fell almost 70 percent on Friday afternoon on concerns the photography pioneer could file for bankruptcy. Kodak's stock had already hit a 38-year low earlier this week as investors worried about its cash position after the
Updated: 09/30/2011 05:51P

Eastman Kodak Shares Plummet Amid Bankruptcy Rumors
Eastman Kodak shares tanked 70 percent Friday amid rumors that the film company is looking into bankruptcy proceedings, according to Reuters. The value of Eastman Kodak stock is now at 78 cents, the lowest since 1935 on a split-adjusted basis,
Updated: 09/30/2011 05:51P

Bad news for ice cream lovers as Friendly's restaurant chain inches closer to
The loan would also include $25 million in new funds. Friendly's would seek an auction to sell itself out of bankruptcy, the report said. Friendly's has retained law firm Kirkland & Ellis and turnaround firm Zolfo Cooper, the Journal said.
Updated: 09/30/2011 05:51P

Kodak Shares Plummet on Bankruptcy Fears
Investors dumped Eastman Kodak's stock Friday amid fears that the photography pioneer is headed toward bankruptcy. The Wall Street Journal rattled Kodak's already jittery shareholders with a report that the company has hired Jones Day, a law firm that
Updated: 09/30/2011 05:47P

Kodak Has 'No Intention' of Ch. 11 Filing; Said to Weigh Options
The company also has discussed its options with law firms Kirkland & Ellis LLP, the people said. Companies may hire bankruptcy or restructuring counsel to advise on options besides bankruptcy, including debt restructuring, asset sales or operational
Updated: 09/30/2011 05:43P

Kodak States No Intention to File for Bankruptcy
“Kodak is committed to meeting all of its obligations and has no intention of filing for bankruptcy. The company also continues to actively pursue its previously announced strategy to monetize its digital imaging patent portfolio.
Updated: 09/30/2011 05:42P

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