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Washington, DC, December 30--Despite soaring oil prices and a slumping dollar, the United States enjoyed a banner year in terms of economic growth in 2004, but the new year is likely to see a significant slowdown, private economists say.
Chattanooga, TN, December 29--U.S. Xpress Enterprises said its underwriters of its recent public offering have exercised their over-allotment option to purchase an additional 600,000 shares of the company's Class A common stock.
Frankfurt, Germany, December 29--Bayer AG's Lanxess unit said Tuesday it plans cost savings of around EUR20 million ($27.2M)in 2005.
St. Louis, MO, December 29--Flooring America will participate in Surfaces, the flooring industry’s premier annual trade show, on January 26-28, 2005 in Las Vegas, NV.
New York, NY, December 29--Online sales surpassed the high range of estimates this year, thanks to a rush of last-minute shoppers who snapped up iPods, computers and the occasional power drill.
United Arab Emirates, December 29--Among the Iranians, the carpet business has long been a closely guarded family tradition, with fathers passing over the knowledge and skills to their sons.
New York, December 29--High steel costs are still hurting the bottom line at U.S. office furniture companies, even as sales hit their highest levels in years.
Atlanta, GA, December 28--Home Depot said it is expanding its store based home appliance business through a new online initiative that allows consumers to purchase more than 1,800 products from the company’s recently enhanced website.
New York, NY, December 28--The Conference Board’s Consumer Confidence Index, which had been on the decline since August, rebounded in December.
Alexandria, VA, December 28-- National Trade Productions (NTP), the show management company for Coverings, has announced that the 2005 show will feature a range of speakers, conferences and seminars designed to address key issues of interest to the wide r