Today's Flooring News

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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.

Invista Eyes Relocation

Wilmington, DE, Dec. 22--DuPont's Invista fibers unit said it might relocate its headquarters once its sale to Koch Industries Inc. closes in the first half of 2004,

Bayer Expects To Show Slight Loss For 2003

Frankfurt, Germany, Dec. 22--Bayer AG said Monday that it will take charges in the fourth quarter exceeding €2.2 billion ($2.7 billion), mainly because of the recently announced partial splitoff of its chemicals and polymers businesses.

Home Depot Tries Mid Range Stores

Brea, CA, Dec. 23--The Home Depot store on Imperial Highway in this Orange County city looks like your typical warehouse-style home improvement center from the outside.

Personal Spending Up

Washington, DC, Dec.23--Personal spending rose in November, the government said Tuesday, falling short of Wall Street forecasts, as the holiday shopping season got off to a slower start than expected.

Solutia Bankruptcy Background

St. Louis, MO, Dec. 21--Solutia Inc. will need to attack more than its environmental and retiree health care liabilities to fix its financial problems, according to the St. Louis Post-Dispatch.

Federated Taps Chief of Burdines Division

Cincinnati, OH, Dec. 20--An executive who joined the Miami-based Burdines division of Federated Department Stores Inc. last year has been appointed its president and chief operating officer.