Questions being raised after Kodak’s stock has a big moment

Elva Mankin

Eastman Kodak’s potentially lucrative deal to help the U.S. government make more generic drugs domestically is threatening to turn into a regulatory headache for the fallen photography giant.

Kodak’s depressed stock price surged last week before the company announced its plans to work with the President Donald Trump’s administration in exchange for a $765 million loan. That prompted Sen. Elizabeth Warren to send a Monday letter asking the Securities and Exchange Commission to investigate whether insider trading laws have been broken.

The SEC is now in the early stages of a probe, according to a report published Tuesday by The Wall Street Journal. The newspaper cited unidentified people familiar with the matter.

The SEC declined to comment on the report.

Kodak said Tuesday that the Rochester, New York, company intends to cooperate with any potential inquiries, without saying whether it has been contacted by the SEC.

The company’s stock soared

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These 3D Technologies Are Changing the Way Shoes Are Made

Elva Mankin

3D technology is not the future for footwear design — it’s already here, changing the way brands design and market their product. When it comes to footwear production, 3D technology has been introduced at multiple stages. Significant attention has been given to 3D printing for its tangible results, but 3D software, whether utilized for product ideation or marketing visualization, is emerging as an influential solution at both ends of the footwear journey.

“If you look at the major footwear manufacturers, there’s been conceptual modeling in some way for quite some time,” said Scott Green, director of product management in the software business unit at 3D Systems. “They have artists who do 2D paper drawings and designs, but then at some point, someone has got to make a looks-like, feels-like model.”

As software design has improved, this 3D modeling has been brought forward in the production process so that designers frequently

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Lightspeed Launches New Tools to Help Retailers Capitalize on Growth in Contactless Transactions

Elva Mankin

Consumers are changing their preferences and priorities when it comes to shopping, not just in terms of product but in the way they purchase. Concerns over hygiene and social distancing have encouraged retailers to adopt new measures such as contactless payments, in order to keep consumers comfortable. To accommodate this need, Lightspeed has introduced new features to help small and medium-sized businesses (SMBs) keep up.

“Retailers are currently undergoing major digital transformations to their businesses in order to adapt to consumer shopping habits during COVID-19,” said Dax Dasilva, founder and CEO at Lightspeed. “A defining factor for the success of these merchants right now is if they have the appropriate tools that will keep revenue moving, make their operations more efficient, and provide a positive experience for shoppers.”

More from Footwear News

Some measures require less digital infrastructure than others. For instance, if a retailer already has a “buy online,

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How the Pandemic Is Changing the Way Retailers Pick Product for Kids & the Whole Family

Elva Mankin

Heading into a spring season unlike any other, how top retailers are buying — and what they’re betting on.

Will Cooper, SVP & GMM of women’s shoes, Saks Fifth Avenue, New York

More from Footwear News

Buying Logistics: “We are currently conducting all market appointments digitally. Vendors have enhanced photography of their collections, with many adding video content to actually see the shoe on a model. We have adapted to this new way of working through leveraging technology, but anticipate returning to the showroom when it is safe to do so.”

Trend Talk: “Through the pandemic, we have seen our customers focused on casual shoes, particularly sneakers and flat sandals, and we expect this to continue into spring ’21. We are excited to see designers elevating casual shoes with embellishments to make women feel ‘dressed up’ while still wearing a casual and more comfortable look. We will continue to offer

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Puma Teams With MIT on New Cushioning Technology

Elva Mankin

Puma has gone high-tech for its latest sneaker drop.

As a result of a sponsored research project in partnership with MIT Design Lab, the sports brand has created Xetic, a cushioning technology that combines mechanical cushioning and foam. The product will make its debut in a new street-inspired sneaker called Calibrate Runner later this month.

While at first glance, Xetic may look like 3-D printed plastic, it is actually made of foam. It takes its name from “auxetic materials,” structures that behave in a certain way when they are subjected to mechanical stresses such as compression.

“Puma’s innovation department teamed up with MIT Design Lab because we needed their high-expert engineering capabilities,” said Romain Girard, senior head of innovation at Puma. “MIT has computer simulation possibilities, which enabled us to see the behavior of the material and quickly find the optimal structure for calculated cushioning.”

The two companies worked with

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How a mysterious company tied to ‘Titanic’ villain landed government coronavirus contracts

Elva Mankin

Billy Zane, the Hollywood actor best known as Rose’s villainous fiance in “Titanic,” was the celebrity pitchman for a venture capital firm that specializes in flashy global networking events.

It’s the same company that taxpayers paid $2.4 million for ventilators and protective garb this year as the firm set its sights on the global coronavirus pandemic. And the U.S. government appears to have grossly overpaid for it.

But trying to track down information about the company and its product exposes the tangled web the government has created for itself by relying on a growing number of middlemen, brokers and newcomers to secure emergency supplies.

Parkpine Inc. is a Delaware company registered to a single-family home in Los Angeles, with a mailing address at an apartment in Chinatown, and tied to a business with “offices” in Silicon Valley and Hollywood that really are just UPS Store mailboxes.

Founder and managing partner

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Five Democratic candidates battle for two House District seats in northern Miami-Dade County

Elva Mankin

An open Aug. 18 primary with no Republican candidates running will decide which Democrats will represent House District 107 and House District 108 in northern Miami-Dade County.

Two Democrats are seeking to replace term-limited incumbent Barbara Watson in House District 107, which runs from North Miami to Miami Gardens.

And in House District 108, which covers parts of Miami-Dade County that include Biscayne Park, Miami Shores and part of downtown Miami, incumbent Dotie Joseph is looking to fend off two challengers — including the former state representative she defeated in the 2018 primary.

The novel coronavirus has forced the candidates to find non-traditional ways to reach voters in the predominantly Black districts, both of which lean heavily Democratic. Some candidates are using technology to host virtual events. Others are placing door hangers and fliers outside of voters’ houses — but staying socially distant — and one candidate is using a

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Republicans haven’t tried to make voting safer or easier. What does that tell you?

Elva Mankin

An election observer cleans voting booths during the Democratic presidential primary election in Kenosha, Wis., on April 7. <span class="copyright">(AFP / Getty Images)</span>
An election observer cleans voting booths during the Democratic presidential primary election in Kenosha, Wis., on April 7. (AFP / Getty Images)

To the editor: As the L.A. Times reports, months ago the House approved $3.6 billion in aid to help states deal with the expected flood of mail-in ballots. That aid has stalled in the Republican-controlled Senate. (“Trump can’t postpone the election, but officials worry he and the GOP could starve it,” July 31)

Associate dean at Loyola Law School Justin Levitt states that considering the trillions Congress is spending to shore up the economy, it is “bewildering” that the Senate is balking at approving the money needed to keep our elections functional.

Bewildering? Not when you acknowledge that the president and the Republican Party are doing everything they can to suppress mail-in ballots, fail to fund the U.S. Postal Service and generally make the most cherished right we

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Edited Transcript of CHGG.N earnings conference call or presentation 3-Aug-20 8:30pm GMT

Elva Mankin

Santa Clara Aug 4, 2020 (Thomson StreetEvents) — Edited Transcript of Chegg Inc earnings conference call or presentation Monday, August 3, 2020 at 8:30:00pm GMT

* Andrew J. Brown

Chegg, Inc. – CFO

Chegg, Inc. – Co-Chairman, CEO & President

Chegg, Inc. – VP of IR

Joh. Berenberg, Gossler & Co. KG, Research Division – Analyst

Lake Street Capital Markets, LLC, Research Division – Head of Research & Senior Research Analyst

Northland Capital Markets, Research Division – Senior Research Analyst & Head of Equity Research

Greetings and welcome to Chegg, Inc. Second Quarter 2020 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Tracey Ford, Vice President of Investor Relations for Chegg. Thank you. You may begin.

Tracey Ford, Chegg, Inc. – VP of IR [2]

Good afternoon. Thank you for joining Chegg’s Second Quarter 2020 Conference … Read More

How pandemic pods and zutors are changing home-schooling

Elva Mankin

When the number of coronavirus cases began to rise in the San Francisco area in early July, mother of one Lian Chikako Chang started a Facebook group to support local families and teachers who were suddenly facing the prospect of schools not opening in person as planned in mid-August.

The “Pandemic Pods” group, which aims to help with childcare and schooling needs, grew to more than 30,000 members within three weeks, as areas across the US were hit by Covid-19 spikes and more schools decided to stay shut.

“Families were left scrabbling for solutions,” says Ms Chang. “Most parents have to work, and most jobs are not compatible with home-schooling”.

And it’s not just Facebook parents are turning to. Matchmaking apps and websites have sprung up offering to help parents connect with other families to form “safe” learning pods, or match them with teachers who can give online lessons, dubbed

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