Bonakemi Names Distributor of the Year
Auroroa, CO, June 21--BonaKemi USA named Pennsylvania-based Derr Flooring Company as its 2004 Distributor of the Year.
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.
US Manufacturers Predict Gains from CAFTA
New York, NY, June 21--U.S. manufacturers expect higher exports from the passage of the Central American Free Trade Agreement, or CAFTA, while critics say the pact is nothing more than another way for multinational companies to ship U.S. jobs to other cou
Growth in Health Care Spending Stabilized in 2004
New York, NY, June 21--The growth rate in health care costs for privately insured Americans leveled off during 2004 but was still problematic because it outpaced the rate of inflation, according to a study released Tuesday.
New Owners of Texas Contractor Finds New Success
Fort Worth, TX, June 20-- It was a price war: Whoever had the lowest price got the job, and by the end of 2002, Jeff Bennett knew he had to quit. Going to work wasn't fun anymore, according to the Fort Worth Star Telegram.
Minneapolis Fed President Sees No Reason to End Ti
Tokyo, Japan, June 20--Federal Reserve Bank of Minneapolis President Gary Stern sees no reason for the Federal Reserve to stop raising interest rates now as the economy expands at a desirable pace, a Japanese newspaper reported on Monday.
Feltex Cuts Profit Forecast, CEO to Leave
Wellington, New Zealand, June 20--Carpet maker Feltex Carpets Ltd. said Monday that its board is making senior management changes and will conduct a "wide ranging" review of all of the company's operations, following recent "unsatisfactory" financial
Leading Indicators Decline
New York, NY, June 20--The Conference Board reports today that the Composite Index of Leading Economic Indicators declined 0.5% in May, following no change in April, and a 0.6% decline in March.
Steelcase Posts 1Q Profit
Grand Rapids, MI, June 20—Steelcase, Inc. posted a quarterly profit after a year-earlier loss, helped by recovering demand for office furniture in the United States.
Sears Essentials Stores Pair Retailers
Palatine, IL, June 20-- What do you get when you cross Sears with Kmart and add convenience items?
Home Depot Shares in Holding Pattern
Home Depot stock was a raging bull in the 1990s as the company grew into the planet's largest home improvement chain. A share bought for less than $2 in early 1990 was worth almost $70 by decade's end.