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.

Solutia Bankruptcy Costs Florida County

Pensacola, FL, May 7--The Escambia County Commission and the county School District each will have to cut more than $1.4 million from next year's budgets to make up for tax revenue lost because of Solutia Inc.'s bankruptcy.

Martha Stewart Living Posts Larger Than Expected L

New York, NY, May 7--Martha Stewart Living Omnimedia Inc. on Friday posted a larger than expected quarterly loss, hurt by an advertising drop-off at its media properties during its high-profile founder's criminal trial.

Congo to Resume Hardwood Exports to EU

Brazzaville, Congo, May 7--The Congo Republic is to resume exports of afrormosia hardwood to the European Union, officials said Friday, after the EU suspended imports for several months amid concerns that excessive lumbering would drive the trees to extin

Update: Asbestos Talks End Without Agreement

Washington, DC, May 7--Talks aimed at creating a national fund to compensate U.S. asbestos victims have ended after no agreement was reached, a source familiar with the discussions said on Thursday.

British Carpet Firm Reports More Losses

Kilmarnock, Scotland, May 6--Troubled carpet manufacturer Stoddard International has had a tough year, but bosses say ‘a much leaner business’ has been created in Kilmarnock.

StarNet Adds New Member

Ridgefield, CT, May 6--Lori Dowling, president and CEO of StarNet Commercial Flooring Cooperative, announces the acceptance of G&W Commercial Flooring, Inc. in Seattle, WA, as a member.

Documentary Probes Corporate Mentality

New York, NY, May 6--CEOs in handcuffs march across the screen. Bolivians riot in the streets to wrest control of their drinking water away from a business consortium. Cows with inflamed udders walk by, allegedly harmed by growth hormones.

Solutia's CEO to Retire at End of Month

St. Louis, MO, May 6--Solutia Inc. chief executive and chairman John C. Hunter will retire at the end of the month, and the chemical company said Wednesday it is making several changes in top leadership.