Today's News

Keep up to date with the most recent news in the flooring industry.  Today's News...As it happens!  We update this news several times a day so you can stay connected.

Berkshire Hathaway Fined for Reporting Error   Full Article
Washington, DC, Aug. 21, 2014 -- Berkshire Hathaway, parent company of Shaw Industries, will pay an $896,000 civil penalty for a financial reporting error.

Aquafil To Acquire Scottish Carpet Yarn Business   Full Article
Cartersville, GA, Aug. 20, 2014 -- The Aquafil Group said it has signed a binding agreement with W & J Knox in Kilbirnie, Scotland for the acquisition of its carpet yarn processing division.

Lowe's Reports Higher Income, Sales   Full Article
Mooresville, NC, Aug. 20, 2014 -- Home improvement retailer Lowe's reported net earnings of $1.04 billion for the quarter ended Aug. 1, a 10.4% increase over the same period a year ago.

3M Products Get NFSI Certification   Full Article
St. Paul, MN, Aug. 20, 2014 -- 3M Commercial Solutions Division said it has received high-traction certification from the National Floor Safety Institute for several of its Nomad and Safety-Walk branded products.

ASID Optimistic About Growth for 2014   Full Article
Washington, DC, Aug. 20, 2014 -- The American Society of Interior Designers Second Quarter 2014 Interior Design Billings Index indicates steady, continued and positive momentum for the interior design industry.

Mortgage Delinquency Rate at Six-Year Low   Full Article
New York, NY, Aug. 20, 2014 -- The late-payment rate on home loans has fallen to the lowest level since the first quarter of 2008, according to credit reporting agency TransUnion.

Mortgage Applications Rise on Refinancing   Full Article
Washington, DC, Aug. 20, 2014 -- Mortgage application volume rose last week as demand for refinancing increased, according to the Mortgage Bankers Association.

Home Depot Profit, Sales Rise   Full Article
Atlanta, GA, Aug. 19, 2014 -- Home Depot said its second quarter net income increased to $2.05 billion, or $1.52 per share, from $1.8 billion, or $1.24 per share, in the same quarter last year.

Housing Starts, Building Permits, Surge in July   Full Article
Washington, DC, Aug. 19, 2014 -- Both home construction starts and building permits rose sharply in July at the fastest pace in eight months, according to the Commerce Department.

Consumer Prices Remain Tame in July   Full Article
Washington, DC, Aug. 19, 2014 -- Consumer prices rose in July at the slowest rate in five months, according to the Labor Department.