February Home Sales Lower Than Expected
Washington, DC, March 21, 2011 -- Sales of previously owned homes in the U.S. fell 9.6% in February to an annual rate of 4.88 million, according to the National Association of Realtors.
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.
Treasury To Sell Its Mortgage Backed Securities
Washington, DC, March 21, 2011 -- The U.S. Treasury plans to sell its remaining $142 billion in holdings of mortgage backed securities that it purchased during the financial crisis.
Pfleiderer Reaches Agreement on Restructuring
Neumarkt, Germany, March 21, 2011 -- Pfleiderer AG said it has reached an agreement with its creditors' negotiating committee on the key points of the company's financial restructuring and refinancing.
Economists Sees Rising Oil as Problem
Washington, DC, March 21, 2011 -- High oil prices could provide a significant drag on the economy, according to a survey of economists by CNNMoney.
Credit Card Firms Have To Consider Income
Washington, DC, March 21, 2011 -- The U.S. Federal Reserve has approved a rule that would require credit-card issuers to consider consumers’ individual incomes before extending credit.
Retiring Owners Close Ohio Carpet One Store
Fremont, OH, March 21, 2011 -- After selling carpet and other flooring for eight decades, Spieldenner's Carpet One has closed its doors for the last time.
Milliken Again on 'Most Ethical Companies' List
Spartanburg, SC, March 18, 2011 -- Milliken & Company has been recognized by the Ethisphere Institute as one of the 2011 World’s Most Ethical Companies.
Shaw Wins GSA's Evergreen Award
Dalton, GA, March 18, 2011 -- The General Services Administration recently awarded Shaw Industries its 2010 Evergreen Award.
Armstrong Union Workers Step Up Pressure
Beverly, W VA, March 18, 2011 -- Armstrong union workers in West Virginia rallied at a key production facility today to warn that labor problems could hurt the company's recovery.
Coverings Show Names Best Booth Winners
Las Vegas, NV, March 18, 2011 -- Coverings 2011 exposition named its Best in Show booth awards.