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.
Washington, DC, July 8, 2009--Mortgage application volume last week rose a seasonally adjusted 10.9% from the week before, reflecting an uptick in refinancings, the Mortgage Bankers Association reported Wednesday.
Washington, DC, July 8, 2009--The International Monetary Fund is predicting a stronger global economic rebound next year than it forecast in April as the financial system stabilizes.
New York, NY, July 9, 2009--Oil prices rebounded to above $61 on Thursday, recouping some losses after tumbling 17 percent since last week.
St. Louis, MO, July 7, 2009--CCA Global Partners has entered into a definitive agreement to sell its Rug Decor division to a group led by three of its current Rug Decor franchisees.
Dalton, GA, July 7, 2009-—Wear-Dated’s rewards program for retail sales associates, “Rewards for Life,” has become part of Mohawk Infinite Rewards, as of July 1.
Dalton, GA, July 8, 2009--Shaw Industries said it has become a sponsor of Masco Home Services, Inc.’s Environments For Living program.
Bainbridge Island, WA, July 8, 2009--Bamboo flooring firm Teragren Fine said it has settled the lawsuit that alleged Smith & Fong Company infringed upon a Teragren patent.
Washington, DC, July 8, 2009--The National Federation of Independent Business Research Foundation is recommending the formation of a Small Business Job Creation Fund to improve small business access.
New York, NY, July 8, 2009--The apartment vacancy rate in the U.S. reached a 22-year high in the second quarter as rising unemployment reduced demand during what is usually the peak leasing season.
Port Washington, NY, July 7, 2009--Paul Ng has rejoined Safavieh as sales manager for Internet rug retailers, a new position at the company.