Kodak on the Brink: A Century-Old Giant Faces Existential Threat

133-year-old Eastman Kodak is warning investors it may not survive, citing a lack of funds to meet upcoming $500 million debt obligations. The company plans to halt retirement plan payments to raise cash and downplays the impact of tariffs. While the CEO claims progress on long-term plans, the stock plunged over 25%. Once a photography giant with 90% market share, Kodak's failure to adapt to digital photography led to bankruptcy in 2012. A government bailout in 2020 offered a brief reprieve, but the company again faces a precarious future, highlighting the disruptive power of technological change.