Initial Jobless Applications Surge in Latest Week
Washington, DC, Dec. 12, 2013 -- Initial applications for unemployment benefits rose by 68,000 in the week that ended Dec. 7 to 368,000, according to the Labor Department.
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.
Builder Hovnanian Swings to Profit in Quarter
Red Bank, NJ, Dec. 12, 2013 -- National homebuilder Hovnanian Enterprises reported fourth quarter net income was $32.8 million, or $0.21 per share, compared with a net loss of $84.4 million, or $0.59 per share, a year ago.
Builder Toll Brothers Sees Revenues Surge
Horsham, PA, Dec. 11, 2013 -- Luxury home builder Toll Brothers reported fourth quarter net income of $94.9 million, or $0.54 per share, compared to $411.4 million, or $2.35 per share a year ago.
Rental Housing Becoming Less Affordable
Cambridge, MA, Dec. 11, 2013 -- Affordability problems for renters have skyrocketed over the past decade both in number and the share of renters facing them, according to the Harvard Joint Center for Housing Studies.
Tarkett Presents ReStart Awards
Chagrin Falls, OH, Dec. 11, 2013 -- Nationwide Children’s Hospital project in Columbus, Ohio was recently presented Tarkett’s ReStart Award for returning a total of 53,170 pounds of flooring for recycling.
Hunter Douglas Promotes Kass to President
Pearl River, NY, Dec. 11, 2013 –- Hunter Douglas has promoted Ron Kass to president and chief operating officer, effective in January.
Mortgage Applications Rebound Last Week
Washington, DC, Dec. 11, 2013 -- Mortgage application volume increased last week, according to the Mortgage Bankers Association.
Job Openings Rise in October
Washington, DC, Dec. 10, 2013 -- The October Job Openings and Labor Turnover Survey said there were 3.925 million jobs openings in October, up from 3.883 million in September.
Shaw Wins Georgia Business Partner Award
Dalton, GA, Dec. 10, 2013 -- Shaw Industries was named the 2013 College and Career Academy Business Partner of the Year by Georgia Lt. Gov. Casey Cagle at the Lt. Governor’s Business and Education Summit.
Interface To Use Fish Waste for Energy in Europe
Scherpenzeel, The Netherlands, Dec. 10, 2013 -- Interface said it will switch to using 100% sustainable gas at its manufacturing plant in Scherpenzeel beginning the first of the year.