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.

The Fed Hikes Rate to 4.75%

Washington, DC, March 29, 2006As expected, the Federal Open Market Committee raised the benchmark federal funds rate on Tuesday by a quarter of a percentage point, to 4.75 percent, and suggested that at least one more increase was in the cards.

Greenpeace: China's Demand for Wood Fuels Defo

Beijing, China, March 28, 2006--Rising Chinese demand for wood and the developed world's desire for cheap wood products are fueling the illegal timber trade and the destruction of ancient forests.

7 World Trade Center Earns LEED Certification

New York, NY, March 28, 2006--The last to fall on September 11, 2001, and the First to rise again, 7 WTC Achieves Gold Rating for Environmental Sustainability by U.S. Green Building Council.

Majors Dominate Opt-In Commercial Email

Emeryville, CA, March 28, 2006--Yahoo, MSN's Hotmail and America Online, Inc., remain the predominant delivery channels for opt-in commercial email communications, according to a study by Lyris Technologies.

New Jersey Contractor Pleads Guilty to Bribe

Cherry Hill, NJ, March 28, 2006--A flooring contractor pleaded guilty Monday to bribing a Paterson school official in exchange for aid in getting district work, the U.S. Attorney's Office said.

Decision on Unilin’s European 'Snap Patent'

Wielsbeke, Belgium, March 27, 2006--On March 24, 2006 the Technical Board of Appeal of the European Patent Office (EPO) postponed the hearing on the validity of Unilin’s European patent EP 1 024 234.