Solutia to Sell Pharmaceutical Services
St. Louis, MO, May 24, 2006--Solutia Inc., today announced that its subsidiary, Solutia Europe SA/NV, has reached a definitive agreement to sell its Pharmaceutical Services business.
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.
Senate Votes to Hike Fines for Employers
Washington, DC, 24, 2006--Employers would face fines as high as $20,000 for hiring undocumented workers and have to screen all new hires as part of legislation that would grant legal status to millions of illegal immigrants.
Federated to Sell 9 Store Locations
Cincinnati, OH, May 24, 2006--Federated Department Stores will sell nine department store locations in six states to General Growth Properties Inc., as it continues to rid itself of duplicate stores gained in last year's acquisition of the May Departm
Williams-Sonoma 1Q Earnings Off
San Francisco, CA, May 24, 2006--Upscale home-decor retailer Williams-Sonoma Inc. on Wednesday said quarterly profit fell, after charges related to closing its Hold Everything storage-goods stores and stock option expenses.
Mortgage Application Volume Declines
Washington, DC, May 24, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending May 19, and it shows a 6 percent decline.
Carpet One Upgrades Liz Claiborne Website
Manchester, NH, May 24, 2006--Carpet One has launched a completely redesigned Liz Claiborne Home flooring website: www.lizclaiborneflooring.com.
Beaulieu to Require CRI Seal on Cleaning Products
Dalton, GA, May 24, 2006--Effective January 1, 2007, Beaulieu of America will amend its product warranty statement to insure proper cleaning solutions and procedures are used in maintaining their products.
Durable Goods Orders Off in April
Washington, DC, May 24, 2006--Durable goods orders fell 4.8% in April, the Commerce Department said Wednesday.
Armstrong in Court for Restructuring Plan
Lancaster, PA, May 24, 2006--Armstrong World Industries, in a two-year dispute over the size the payouts of its bankruptcy restructuring plan, is set to return to Philadelphia federal court today, with the company again squaring off against its unsecured
USGBC Board Tackles Wood Issue
Washington, DC, May 24, 2006--The U.S. Green Building Council (USGBC) Board of Directors announced today that it has directed the USGBC's LEED Steering Committee to address two proposed changes to LEED's wood and bio-based ratings.