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Now, caught between ruin and revival, Eastman Kodak Co. is reaching ever more deeply into its intellectual treasure chest, betting that a big cash infusion from the sale of 1,100 digital-imaging inventions will see it through a transition that has raised the specter of bankruptcy.

Kodak popularized photography over a century ago, but it has stumbled in attempts to reinvent itself as a profitable player in digital imaging and printing. Playing catch-up, the company has been hawking the digital patents since July, a move financial analysts say could fetch $2 billion to $3 billion or possibly more.

Patents have become highly valuable to digital device makers who want to protect themselves from intellectual property lawsuits. In July, an alliance made up of Apple and Microsoft purchased a raft of patents from Nortel Networks for $4.5 billion. A month later, Google bought Motorola Mobility for $12.5 billion, in part, to gain hold of the company’s 17,000 patents.


Australian mediator orders end to Qantas lockout

SYDNEY | Qantas planes were set to fly again Monday after Australia’s workplace mediator ordered an end to a bitter industrial dispute that saw the carrier ground its entire fleet.

The ruling by Fair Work Australia will bring relief to tens of thousands of stranded passengers left in limbo since the airline locked out staff and canceled all flights indefinitely on Saturday.

Qantas chief executive Alan Joyce said aircraft could be back in the air by Monday afternoon. Nearly 70,000 people in 22 cities around the world have been affected.

Justice Geoffrey Giudice, part of the industrial umpire panel, said the decision allowed for further negotiations between Qantas and unions over the next 21 days to try and hammer out their differences.