Mabus Gets Nod from Senate Panel for Navy Post
Washington, DC, May 15, 2009--Former Foamex CEO and Mississippi Gov. Ray Mabus moved a step closer to being named secretary of the Navy after a Senate panel approved his nomination Thursday.
Today's Flooring News
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Consumer Sentiment Ticks Up in May
Ann Arbor, MI, May 15, 2009--The Reuters/University of Michigan Surveys of Consumers' preliminary May consumer sentiment index rose to 67.9 from April's final reading of 65.1, according to a report released on Friday.
Another Caught in Home Depot Kickback
Atlanta, GA, May 15, 2009--Melissa Deaton Tesvich, the former wife of Anthony Tesvich, alleged mastermind of a flooring kickback scheme at Home Depot, pleaded guilty to filing a false tax return, the U.S. Attorney’s Office in Atlanta said.
Starnet Design Contest Grand Prize Winner Named
Darien, CT, May 15, 2009--StarNet said that the Grand Prize Award Winner in its Design Awards Competition was The Ronald Reagan UCLA Medical Center.
Tarkett Takes Stake in Serbian Flooring Maker
Backa Palanka, Serbia, May 15, 2009--Tarkett plans to take over a 35.7 percent stake in Sintelon, a Serbian floor coverings maker.
Consumer Prices Unchanged in April
Washington, DC, May 15, 2009--Consumer prices were unchanged in April as both food and energy costs declined to offset gains elsewhere.
Commercial Mortgage Lending Falls in Q1
Washington, DC, May 14, 2009--Commercial and multifamily mortgage loan originations continued to drop in the first quarter of 2009, according to the Mortgage Bankers Association’s quarterly survey.
Oil Consumption Projected To Fall Sharply in '09
Paris, France, May 14, 2009--Oil consumption is projected to fall this year at the fastest pace since 1981 due to the world economies, the International Energy Agency said Thursday as it made new cuts to its forecast for crude demand.
Schilling Retiring from Tandus After 23 Years
Dalton, GA, May 13, 2009--After 23 years, senior vice president Lee Schilling is retiring from Tandus.
Retail Sales Off in April, Led by Home Furnishings
Washington, DC, May 14, 2009--Retail sales fell 0.4% in April from March, the Census Bureau said.