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Eastman Kodak Files for Bankruptcy

Eastman Kodak says that it files for bankruptcy protection, as the 131-year-old film pioneer struggles to adapt to an increasingly digital world.

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(NEW YORK TIMES) New York - As part of its filing, made in the federal bankruptcy court in the Southern District of New York, Kodak will seek to continue selling a portfolio of 1,100 digital imaging patents to raise cash for its loss-making operations. The company plans to continue operating normally as it reorganizes under Chapter 11 protection.

"Kodak is taking a significant step toward enabling our enterprise to complete its transformation," said Antonio M. Perez, the company's chief executive.

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FOCUS: Russia-Ukraine War
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365 Days Of Ukraine War, In 19 Magazine Covers

A look back on some of the most striking magazine covers published this past year across the globe, marking the milestones in a bloody conflict that is entering its second year.

365 Days Of Ukraine War, In 19 Magazine Covers
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Bertrand Hauger and Emma Albright

In the days and weeks before Russia’s invasion of Ukraine, the international news media was collective wondering whether this seemingly unthinkable war could actually happen. What Will Vladimir Putin Do? … was the question on everyone’s mind.

Once Feb. 24 came, and the Russian tanks rolled into Ukraine, the news media attention has been thoroughly consumed by the largest and most dangerous conflict on the European continent since World War II.

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