Entrepreneur Patents Orthopaedic Prayer Rug
Schwentinental, Germany, Dec. 11, 2009--An entrepreneur in Germany has patented an orthopaedic prayer rug to help Muslims.
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.
Report Shows Flaws in Loan Modification Program
Washington, DC, Dec. 11, 2009--A new report says there are few incentives for mortgage lenders to offer loan modifications to stop the foreclosure crisis.
Universal Fibers To Begin $13 Million Expansion
Bristol, VA, Dec. 9, 2009--Universal Fibers said it will invest $13 million in an expansion at its Bristol headquarters that will create 84 new jobs.
Foreclosures Fall Again, But May Be Temporary
Irvine, CA, Dec. 10, 2009--The number of homeowners who received a foreclosure-related notice in November fell for the fourth straight month, according to RealtyTrac Inc.
CEOs Growing More Optimistic About Economy
Washington, DC, Dec. 10, 2009--There's likely to be more firing than hiring among America's largest companies in the next six months, according to the latest survey of their CEOs.
Unilin Wins Latest Round in Dispute Vs. Yekalon
Dallas, TX, Dec. 9, 2009--The patent infringment dispute between Chinese manufacturer Yekalon and Unilin took a new turn recently.
Oil Prices Down 13 Percent from October High
New York, NY, Dec. 10, 2009--Oil prices have fallen about 13 percent since reaching its 2009 high of $82 a barrel in October.
Välinge Expands Agreement With Austrian Firm
Viken, Sweden, Dec. 10, 2009--Välinge and the Austrian wood parquet producer Scheucher Holzindustrie have extended their license agreement by adding Välinge' 5G fold down system.
Jobless Claims Picture a Mixed Bag
Washington, DC, Dec. 10, 2009--Initial jobless claims rose by 17,000 to a seasonally adjusted 474,000 in the week ending Dec. 5, the Labor Department reported Thursday.
Home Values Down Nearly $6 Trillion Since 2006
New York, NY, Dec. 10, 2009--U.S. homes have declined about $5.9 trillion in value since the housing market's March 2006 peak, according to Zillow.com.