Kodak to finally sell digital patent portfolio?
Good morning, all. Here's your Tuesday Trail Mix:
Kodak wants to sell its digital imaging patents (for real this time) - but first they need approval from a bankruptcy judge.
More blowback from that controversial UB fracking study.
And: Maybe New York isn't "Open For Business" after all.
Remember those patents that were going to save Kodak from the brink of bankruptcy? Well, the Wall Street Journal reports they're not looking so hot these days. The worst case scenario? "A failure to monetize the patents could force the company to liquidate."
Yesterday Kodak asked a bankruptcy judge for permission to proceed with a confidential auction (Aman Shah, Reuters).
That's because the Rochester-based imaging company can't find a lead bidder (Michael de la Merced, New York Times).
Meanwhile, four more Kodak workers will be laid off in August. That's on top of the 79 job cuts announced just days ago.
The University at Buffalo is getting hammered over a controversial gas drilling study it released last month. The New York Times is on it.
The Oneida Indian Nation is getting into the business of selling ethanol-free gasoline. Central New York motorheads are driving demand (Teri Weaver, Post Standard).
That stuff about New York being "Open For Business"? Not so much (Tom Precious, Buffalo News).
It appears as though plenty of business will be left unfinished in Albany this year (Karen DeWitt, New York Public Radio).