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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 stock price surged last week before the company announced its plans to work with President Donald Trump’s administration in exchange for a 5 million loan. That prompted Sen. Elizabeth Warren to ask Securities and Exchange Commission to investigate whether insider trading laws have been broken. For months, Kodak's stock hovered around per share. On Monday, the stock was at .62 per share. By Wednesday, the stock jumped to .20 per share. The price has come back down since, with it dropping to .40 on Tuesday.The Wall Street Journal is now reporting the SEC has opened a probe. The SEC declined to comment while Kodak says it will cooperate with any inquiry.Trump was asked Kodak's potential deal."I wasn’t involved in the deal," Trump said. "The concept of the deal is good, but I’ll let you know. We’ll — we’ll do a little study on that, and we’ll find out." 1083
Did you dabble in bitcoin in 2017, riding the cryptocurrency roller coaster that seemed to captivate the nation? You may be on the hook for taxes — no matter how you acquired or used it.You can run afoul of IRS rules on bitcoin in a few surprising ways. Here’s how using bitcoin can affect your tax situation. 322
EL CAJON, Calif. (KGTV) - The man charged with the brutal beating of an El Cajon Police officer inside a KFC appeared at a preliminary hearing in court Wednesday.Officer Jose Sioson was preparing to question Daniel Cook about stealing sodas from a Dollar Tree store when Cook attacked him at the restaurant on Fletcher Parkway, police said.MTS bus driver Iesha Booker witnessed the attack and grabbed the officer’s own radio to call for help when he was knocked unconscious.“I just grabbed his walkie talkie. I didn't know how to work it, I just grabbed it and just kept screaming in there they have an officer down, they have an officer down,” Booker said.Officer Sioson was taken to the hospital and released after several surgeries. He testified Wednesday about almost losing his eyesight in the attack, and how he is still recovering.RELATED: MTS bus driver's quick thinking saves officer's life"I never meant to be a hero," Booker said. "I was just doing what I thought that anyone would do for us or for me."Cook, who has previous convictions for assault and resisting arrest, is being held on half a million dollars bail. His defense attorney plans to enter a new plea of not guilty by reason of insanity at an arraignment scheduled in June.El Cajon Police stepped in to thank Booker, who is the homeless mother of seven children. A GoFundMe in her name has raised about ,000 of its ,000 goal.RELATED: Help for hero who saved officer 1454
EL CAJON, Calif. (KGTV) -- The District Attorney has decided against filing charges against a man who reportedly shot and killed a suspect trying to break into his work truck in El Cajon. The shooting happened on the 1100 block of Mona Place in March of 2018. Authorities say Michael Poe woke up in the early-morning hours of March 11 to the sound of glass shattering. When he went outside, he found the suspect, Joseph Mercurio, breaking into his work truck. RELATED: Family of man shot for attempting to break into truck sues truck ownerPoe told police there was a confrontation before he shot Mercurion. Mercurion’s mother told 10News her son had a drug problem, but was doing his best to stay sober. Mercurio’s mother filed a lawsuit against Poe. At this time, the status of the lawsuit is unclear. RELATED: Confrontation between homeowner, suspected thief ends in deadly El Cajon shooting 901
EL CAJON, Calif. (KGTV) - Over the course of the Pandemic, sisters Berlin and Bristol Dixon kept their favorite extra-curricular activity going strong. The two created "East County Kids News" as a way to keep doing school news, even while school was canceled.When in-person learning resumed in the fall, the girls went their separate ways, with Berlin going to Los Coches Creek Middle School and Bristol at WD Hall Elementary. But they took what they learned from EC Kids News and used it to make their school newscasts better."I feel like we have a lot more resources," says Berlin. "We learned how to work with computers a lot more ever break. So, when we returned, we knew a lot more about iMovie and all the stuff you need to know for broadcast."But, beyond the technical improvements they brought back to campus, the girls say they learned how important their work had been to keep the community together."I have learned that kids are resilient and they can go above and beyond," says Bristol. "And that when you want something you can go for it.""It's really taught us how amazing our community is," says Berlin. "Also that it's really important to stay connected with everyone, because it has been a rough time but when we connect it makes that rough time not as hard."Their efforts have impressed teachers at both schools."For them to find the silver lining in the cloud is is inspiring to to everyone," says Laura Albright, a teacher at WD Hall. "You always set your expectation high for your students, but they totally surpassed anything we could think of."The only downside to returning to campus is losing the chance to co-anchor as sisters. But Berlin and Bristol say they may do some special reports for EC Kids News over the holiday break to work together again. 1785