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.

DuPont Clarifies Its Stance on EPA PFOA Program

Wilmington, DL, January 30. 2006--After the U.S. Environmental Protection Agency's (EPA) January 25th announcement of its PFOA Stewardship Program for the years 2010-2015, Dupont released its own understanding of the issues in an effort to clarify app

Public Citizen: USG’s Bankruptcy Agreement Shows

Washington, DC, January 31, 2006--USG Corp., which in 2001 filed for bankruptcy protection in the face of claims from victims of asbestos exposure, today announced that it has reached an agreement with claimants and others to resolve all asbestos-related

Marazzi IPO to Raise Some $455 million

Modena, Italy, January 30, 2006--Marazzi Gruppo Ceramiche SpA, Europe's largest maker of ceramic tiles, plans to raise as much as 375 million euros ($455 million) in initial public offering next month to fund expansion in the U.S. and China.

New Home Sales Up 2.9%

Washington, DC, January 27, 2006--Sales of new U.S. homes increased a surprising 2.9% in December to a seasonally adjusted annual rate of 1.269 million, the Commerce Department reported Friday. Economists were expecting sales to fall slightly to a 1.23 mi

4Q GDP Slows to 1.1%

Washington, DC, January 27, 2006--Growth in the economy slowed dramatically to a 1.1% annual rate in the fourth quarter, the weakest growth in three years, the Commerce Department estimated Friday.

Existing-Home Sales Down 5.7% in December

Washington, DC, January 25, 2006--Existing-home sales were down 5.7 percent to a seasonally adjusted annual rate of 6.60 million units in December from an upwardly revised pace of 7.00 million in November.

DuPont 4Q Earnings Drop 45%

Wilmington, DL, January 24, 2006--DuPont Co., said its fourth-quarter profit dropped 45 percent and predicted that first-quarter earnings will also decline.