Oil Prices Fall Below $99 Ahead of OPEC Meeting
New York, NY, June 7, 2011 -- Oil prices fell back below $99 a barrel Tuesday as investors expected that OPEC will raise its production quota this week.
Today's Flooring 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.
CARE Begins Promoting California Recycling Law
Dalton, GA, June 7, 2011 -- California consumer support is needed to ensure the success of a new, carpet stewardship law in California, according to the Carpet America Recovery Effort.
Second Mortgage Holders Increasingly Underwater
New York, NY, June 7, 2011 -- Nearly 40% of homeowners who took out second mortgages owe more than their homes are worth, more than twice the rate of owners who didn't take out such loans, according to a report by CoreLogic.
Armstrong Wins Two ADEX Awards
Lancaster, PA, June 7, 2011 -- Armstrong has received two Award for Design Excellence awards.
Lack of Financing Hurting Architectural Firms
Washington, DC, June 6, 2011 -- Approximately two-thirds of architects surveyed by the American Institute of Architects in April said that they have at least one project that is stalled due to lack of financing, despite record low interest rates.
Pfleiderer Duropal Unit Gets Trade Show Award
Arnsberg/Cologne, June 7, 2011 -– Pfleiderer's Duropal Business Unit, a high pressure laminate producer, has been awarded the title Best of the Best by the Interzum trade show jury for its surface structure called Illusion.
Fed Official Still Sees Economy in Recovery
Helsinki, Finland, June 6, 2011 -- A top Fed official said that despite a poor jobs report on Friday that he hasn't changed his medium-term view that the economy is in a gradual recovery.
Modestly Priced Homes Hardest Hit in Downturn
Cambridge, MA, June 6, 2011 -- Modestly priced homes took a harder hit than upscale homes during the downturn, according to a report from Harvard University’s Joint Center for Housing Studies.
Judge Upholds Verdict Against Empire Today
Boston, MA, June 6, 2011 -- A U.S. District Court judge upheld a jury verdict that denied claims made by Empire Today Inc. against a business competitor, National Floors Direct Inc., according to Massachusetts Lawyers Weekly.
Home Ownership Still Regarded as Good Deal
Washington, DC, June , 2011 -- The National Association of Home Builders said that a national survey looking at the value voters place on homeownership shows that most respondents still consider owning a home a good investment.