Martha Stewart In Talks With US Prosecutors
New York, May 13--Martha Stewart is in talks with the U.S. Justice Department about settling its insider trading probe, the Financial Times reported Monday on its Web site.
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.
OMNOVA Expects Loss
Fairlawn, OH, May 9--Omnova Solutions Inc. expects to report a fiscal second-quarter loss of $4 million to $5.9 million, hurt by several charges due to refinancing and restructuring.
Georgia-Pacific Resolved 12,500 Asbestos Claims In
Atlanta, May 12--Georgia-Pacific Corp. said that it resolved 12,500 asbestos claims in the first quarter, bringing its total settled or dismissed cases to 282,200, according to the company's quarterly report filed with the Securities and Exchange Comm
Lumber Liquidators Makes Virginia’s Fantastic 50
Richmond, VA, May 5--Lumber Liquidators of Colonial Heights is one of the fastest growing companies in Virginia.
Infineon Develops Smart Carpet
MUNICH, Germany, May 5--Infineon Technologies today announced that the research team that demonstrated the practical integration of electronics into clothing about a year ago with "Wearable Electronics" has now presented a further concept, thereby greatly
Manufacturing Activity Slows
New York, NY, May 2--Business at the nation's manufacturers failed to pick up in April, with activity falling for the second consecutive month as the industry shifted focus from concern about the war to worries about a lingering weak economy, a privat
Flooring Industry Leaders Endorse INSTALL
St. Louis, May 7--The International Standards and Training Alliance (INSTALL) recently received formal endorsements from eight flooring industry leaders
Sen. Hatch Sees Asbestos Fund at $108 Billion
Washingtom, May 6--Legislation proposing a trust fund of $108 billion to pay asbestos injury claims is close to introduction even without complete agreement from labor and industry groups, Sen. Orrin Hatch said on Tuesday.
Unemployment Rate Rises
Washington, DC, May2--The nation's unemployment rate jumped to 6% in April and companies cut jobs for the third straight month - particularly in manufacturing, airlines and retail - as the fragile economy continued to quash hiring prospects.
ASCR Certifies 30 New Restorers
Millersville, MD, May 7–Thirty leading professionals in the restoration industry have been designated Certified Restorers by the National Institute of Disaster Restoration (NIDR)