The company will instead focus on home photo printers, high-speed commercial ink jet presses and software. Other companies may license the Kodak brand for cameras, and some disposables will still be out there.
The multi-billion dollar bank mortgage settlement could have some unanticipated consequences for borrowers in trouble. There will likely be an initial surge of foreclosures. Banks, freed from uncertainty over the investigation, will probably pick up the pace of home seizures. But the foreclosure rate will probably fall over the longer term as banks ease the burden on borrowers through principal reductions.
Greek politicians on Thursday agreed on massive cuts to bring their budgets in line with what the European Union has demanded. It's the latest act in a months-long drama to bring down the Greek debt load.
NPR's business news starts with social networking profits.
(SOUNDBITE OF MUSIC)
INSKEEP: You can get attention on the Internet. You can even draw a massive crowd in seconds. The question always is how to make money. Investors have been scrutinizing Facebook's plans to go public and trying to figure out the company's prospects.
It's MORNING EDITION, from NPR News. Good morning. I'm Steve Inskeep.
Activists and human rights groups in Syria contend the government has now killed hundreds of civilians this week alone. It's hard to verify that number, but it is clear that mortars, rockets and tanks continue firing into the city of Homs. That gunfire has served as a week-long punctuation mark on the United Nation's failure to approve a resolution against Syria. NPR's Kelly McEvers is following the situation from Beirut. She joins us once again.
There is political trouble in the Indian Ocean nation of Maldives. President Mohamed Nasheed was ousted earlier this week. Steve Inskeep speaks to Nasheed's long-time acquaintance, novelist Hari Kunzru, to learn more about Nasheed.
When Steven Ketcham met Alexandra Budny's mother, she told him, "I'm going to be your future mother-in-law." There was just one catch: Steven had never met Alexandra. But their parents had already decided that their children were a good match.
Eventually, Steven and Alexandra agreed with that idea. But it took some time — and those early days of their relationship came up when the couple visited StoryCorps to discuss how their parents got them together.
Steam rises from the cooling towers of nuclear reactors at Georgia Power's Plant Vogtle in Waynesboro, Ga. The U.S. Nuclear Regulatory Commission approved Southern Co.'s application to begin full construction of the nation's first new nuclear units since 1978 at Plant Vogtle.
The nuclear industry is celebrating the federal Nuclear Regulatory Commission's decision to give the go-ahead for a utility company to build two new nuclear reactors in Georgia, the first license to be granted for a new reactor in the U.S. since 1978. But last year's accident at reactors in Fukushima, Japan, still clouds the future of nuclear power, as does the cost of new power plants.
Southern Co. will build the reactors at its Vogtle site in Georgia, where two older reactors already operate.