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In spite of earlier reports to the contrary, a spokesman for Eastman Kodak Co. has come out to deny that the company is thinking about filing for bankruptcy.
According to a regulatory filing submitted today, Jim Balsillie, former co-CEO of BlackBerry (formerly known as Research In Motion) is no longer a shareholder of the company.
Reports flooding the ‘net claim that Sirius XM, the newly merged U.S. satellite radio company, may be filing for bankruptcy. The company has a significant bank debt due this month, leading many to speculate that Chapter 11 filing will be the only option.
According to a filing with the U.S. Securities and Exchange Commission, Apple CEO Tim Cook has requested to be excluded from the company's program that allows employees to accumulate dividends on still vesting restricted stock units.
It's ironic that while Canada has been one of Facebook's biggest supporters, it has also been one of its biggest critics. Following on the heels of our Privacy Commissioner's investigation into the social networking site, Canadian legal firm Merchant Law Group LLP is filing a class action suit against the company.