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.

Public Citizen: Asbestos Fund Would Benefit Compan

Washington, DC, May 11--A day before the Senate Judiciary Committee resumes its work on the bill to establish a $140 billion privately-funded asbestos trust, Public Citizen released estimates of how some large companies now facing asbestos lawsuits would

Trade Deficit Narrows in March

Washington, DC, May 11--The deficit narrowed by 9.2% in March to $55 billion. This is the lowest trade deficit since last September and the largest monthly decline since December 2001.

IEA: Global Oil Demand Set to Rise 2.2% in 2005

Paris, France, May 11--Global oil demand this year is set to be slightly higher than previously expected, as the market readjusts from last year's demand surge, the International Energy Agency (IEA) revealed.

ServiceMaster 1Q Earnings Off

Downers Grove, IL, May 10--ServiceMaster Co. posted a slightly lower first-quarter profit partly due to unfavorable March weather.