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.

Small-Business Health Plan Bill Blocked

Washington, DC, May 12, 2006--The controversial Health Insurance Marketplace Modernization and Affordability Act of 2006 failed to muster enough votes in a Senatorial procedural step, provoking criticism from Todd Stottlemyer, president and CEO of the Nat

Consumer Sentiment Off in May

Washington, DC, May 12, 2006--Consumer sentiment dropped in May on rising gasoline prices and a softening labor market, according to media reports Friday of proprietary research.

Fast Company to Get 2006 IIDA Star Award

Chicago, IL, May 12, 2006--The International Interior Design Association has said Fast Company magazine will be awarded the 2006 IIDA Star Award at the IIDA 12th Annual Meeting in Chicago.

Carlyle Group Puts $27.5M in China Flooring

Shanghai, China, May 11, 2006--The Carlyle Group is investing $27.5 million to buy new shares in Shanghai Anxin Flooring Co Ltd., China's largest manufacturer and distributor of solid wood flooring,

Business Inventories Up in March

Washington, DC, May 11, 2006--Business inventories rose a larger-than-expected 0.7 percent in March as automotive and building material stocks climbed sharply, a government report showed on Thursday.

Jobless Claims Off Last Week

Washington, DC, May 11, 2006--First-time claims for state unemployment benefits filed last week were off 1,000 to 324,000.

Retail Sales Up in April

Washington, DC, May 11, 2006--Retail sales increased 0.5% in April, but most of the increased spending was at the gas pump, the Commerce Department said Thursday.

North Carolina Judge Bars Cleaning Firm

Raleigh, NC, May 11, 2006--A carpet and air duct cleaning company that authorities say used misleading advertisements and illegal bait-and-switch tactics has been barred from operating in North Carolina.

J.C. Penney 1Q Earnings Up

Plano, TX, May 11, 2006--J.C. Penney Co., reported a 22% jump in first-quarter earnings, helped by tighter spending controls and improved gross margins.

NTCA Launches Contractor Safety Program

Jackson, MS, May 11, 2006--Effective May 1st, 2006, the National Tile Contractors Association introduced its new NTCA Contractor Safety Program for tile contracting companies.