Hakatai Glass for Architects' Own Home
Ashland, OR, May 12, 2006--Hakatai Enterprises, Inc., importers and distributors of glass tile, once again teamed up in the Los Angeles area with Fung + Blatt Architects.
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.
Second-Home Survey Shows Solid Market
Washington, DC, May 12, 2006--A new survey of second-home owners by the National Association of Realtors shows baby boomers continue to dominate the market, and a growing number of second homes--more than one in ten are owned by minorities.
Trade Gap Narrows in March
Washington, DC, May 12, 2006--The trade deficit narrowed by 5.6% in March to $62.0 billion, the Commerce Department said Friday.
North Carolina Judge Bars Cleaning Firm
Raleigh, NC, May 11, 2006--A carpet and air duct cleaning company that authorities say used misleading advertisements and illegal bait-and-switch tactics has been barred from operating in North Carolina.
J.C. Penney 1Q Earnings Up
Plano, TX, May 11, 2006--J.C. Penney Co., reported a 22% jump in first-quarter earnings, helped by tighter spending controls and improved gross margins.
Retail Sales Up in April
Washington, DC, May 11, 2006--Retail sales increased 0.5% in April, but most of the increased spending was at the gas pump, the Commerce Department said Thursday.
Carlyle Group Puts $27.5M in China Flooring
Shanghai, China, May 11, 2006--The Carlyle Group is investing $27.5 million to buy new shares in Shanghai Anxin Flooring Co Ltd., China's largest manufacturer and distributor of solid wood flooring,
Business Inventories Up in March
Washington, DC, May 11, 2006--Business inventories rose a larger-than-expected 0.7 percent in March as automotive and building material stocks climbed sharply, a government report showed on Thursday.
Jobless Claims Off Last Week
Washington, DC, May 11, 2006--First-time claims for state unemployment benefits filed last week were off 1,000 to 324,000.