Sep 17, 2020
Kodak stock soars after review finds no insider trading
This news has been received from: CNN
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New York (CNN Business)Kodak (KODK) stock briefly surged more than 80% on Wednesday after a special committee's investigation found no evidence of insider trading prior to the announcement of a US government loan.Although the review found no signs of Kodak breaking the law, it did find the company mishandled stock options granted to its CEO in the days leading up to the loan deal being signed. Kodak shares were up about 36% Wednesday afternoon.
News Source: CNN
WATCH LIVE: Louisville police chief to hold news conference in Breonna Taylor case
The Louisville police department will hold a news conference on Tuesday morning ahead of the state attorney general’s announcement about whether he will charge officers in Breonna Taylor’s shooting death.
Robert Schroeder, the city’s chief of police, is slated to hold the news conference at 8:45 a.m. Tuesday. The event will be livestreamed in this article; if there is not a livestream available, check back at a later time.
On Monday, the police force said officers were setting up barricades and restricting access to downtown in preparation for the announcement.
A statement from the department said all requests for vacation and days off were being canceled “until further notice” as the city awaits Attorney General Daniel Cameron’s announcement. “It is important to note that (Cameron) has said there is no timetable for the announcement,” the statement added.
Cameron said earlier this month that “an investigation, if done properly, cannot follow a certain timeline.”
“When the investigation concludes and a decision is made, we will provide an update about an announcement,” he said.
Taylor, an emergency medical worker, was shot eight times on March 13 by officers who entered her home using a no-knock warrant during a narcotics investigation. The warrant used was connected to a suspect who did not live there, and no drugs were found inside. The use of no-knock warrants has since been banned by Louisville’s Metro Council.
Large protests over Taylor’s death that at times became violent erupted in late May in the city but most demonstrations since then have been peaceful, including a massive march outside the Kentucky Derby earlier this month. Celebrities, athletes, activists and Taylor’s family have for months pushed Cameron to criminally charge the officers involved in the raid.
Last week, the city of Louisville settled a lawsuit from Taylor’s family for $12 million and pledged several police reforms as part of the agreement.
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