10 august 2020

U.S. loan to Kodak will not proceed unless allegations cleared: White House

http://www.reuters.com/

WASHINGTON (Reuters) - The U.S. government will not proceed with a $765 million loan to Eastman Kodak Co ( KODK.N ) to make drugs at its U.S. factories unless the company is cleared of alleged wrongdoing in circumstances surrounding the announcement of the loan, the White House said on Monday. FILE PHOTO: A worker cleans a Kodak booth at the Las Vegas Convention Center in preparation for 2019 CES in Las Vegas, Nevada, U.S. January 6, 2019. REUTERS/Steve Marcus White House Press Secretary [...]