Office Vacancy Rate Hits Two-Year High
New York, NY, Oct. 3, 2008--The U.S. office vacancy rate rose to its highest level in two years during the third quarter, according to a reported released on Friday by real estate research firm Reis Inc.
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New York, NY, Oct. 3, 2008--The U.S. office vacancy rate rose to its highest level in two years during the third quarter, according to a reported released on Friday by real estate research firm Reis Inc.
Washington, DC, Oct. 3, 2008--Congress approved an unprecedented $700 billion government bailout of the battered financial industry on Friday.
Oakland, CA, Oct. 3, 2008--Claremont Rug Company has purchased three major antique Oriental rug collections, totaling nearly 200 art-quality 19th century carpets.
Houston, TX, Oct. 2, 2008 – The U.S. Department of Energy awarded Tarkett Commercial Tile with an Energy Saver Award.
Washington, DC, Oct. 2, 2008--Orders to U.S. factories fell by the largest amount in nearly two years in August.
Baar, Switzerland, Oct. 2, 2008--Forbo has completed the acquisition of Bonar Floor, the flooring division of the Low & Bonar PLC.
Washington, DC, Oct. 3, 2008--The $700 billion rescue package is getting a second chance in the House as voters anxiously ponder an economic meltdown that could wipe out their ability to borrow, plunder their savings and put them out of work.
Washington, DC, Oct. 2, 2008-- Initial jobless applications rose to the highest level in seven years.
Durham, NC, Oct. 2, 2008--German specialty textile maker Freudenberg Nonwovens is laying off 59 workers and shuttering some operations in Durham.
Christchurch, New Zealand, Oct. 1, 2008--Wool Partners International has entered into an agreement to purchase the Wools of New Zealand group of companies.