Major US photography brand warns it could go out of business

The more than 130-year-old Eastman Kodak Co. is cautioning that there's "substantial doubt" about its ability to stay in business, saying it may have difficulty meeting upcoming debt obligations -

Eastman Kodak Co., the photography giant with a history spanning over 130 years, has issued a stark warning regarding its future, stating there is "substantial doubt" about its ability to remain operational.

The company indicated it may struggle to meet impending debt obligations, a revelation that saw its shares plummet by more than 13 per cent in early trading on Tuesday.