Stocks

Kodak cleared after federal loan probe, stock soars

Eastman Kodak Co. shares surged 69% Monday morning after a federal agency cleared the company of wrongdoing related to a $765 million loan that aided its pivot into drug-ingredient manufacturing.

Kroger raises 2020 profit forecast despite sales miss

A spike in coronavirus cases, however, has led to a pick up in sales, prompting the retailer to reimpose a purchase limit on essential products like paper towels, disinfecting wipes and hand soap ahead of the busy holiday season.