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.

Fed Under Bernanke Seen Hiking Rates to 5%

Washington, DC, February 9, 2006--Strong data and past experience with incoming Federal Reserve chairmen has convinced investors the U.S. central bank will lift interest rates to 5 percent by July, but that bet looks premature.

Tarkett Expands Residential Sheet Vinyl Collection

Whitehall, PA, February 9, 2006--Tarkett continues to expand its collection of residential sheet vinyl, enhancing the breadth of its selections offering style and durability at a price point to fit any remodeling budget.

Senate Debates Asbestos Bill

Washington, DC, February 9, 2006--Senate Minority Leader Harry Reid fell short in his bid to block consideration of the Fairness in Asbestos Injury Resolution Act.

Jobless Claims Up 4,000

Washington, DC, February 9, 2006--First-time applications for unemployment benefits edged higher by 4,000 to 277,000 in the week ending Feb. 4.

Anso Intros ColorSolutions

Dalton, GA, February 9, 2006--Anso nylon, a premium brand of Shaw Industries External Fiber Sales and Marketing, presents its latest nylon technology: Anso ColorSolutions nylon.

Foamex Giving Retention Bonuses

Linwood, PA, February 8, 2006--Seventy-seven executives and key employees of Foamex International Inc., which filed for bankruptcy protection Sept. 19, are splitting $4.3 million in retention bonuses.