Mohawk Group Names Perkins Sustainability Director
Kennesaw, GA, February 14, 2008 –Lewis Perkins has been named director of sustainable strategies for the Mohawk Group.
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.
Bernanke Hints at More Rate Cuts
Washington, DC, February 14, 2008--Federal Reserve Chairman Ben Bernanke the economy has deteriorated and hinted that the central bank is ready to keep on lowering interest rates.
Homebuilding Not Likely to Rebound This Year
Orlando, FL, February 13, 2008-- Housing starts could drop another 30 percent in 2008, matching last year’s sharp drop, according to a forecast by the National Association of Home Builders presented at the organization’s annual convention.
Initial Jobless Claims Fall in Week
Washington, DC, February 14, 2008--First-time jobless claims fell for the second consecutive week, after a large increase late last month, the Labor Department reported Thursday.
Shaw Planning Aggressive Spring Advertising
Dalton, Ga. –February 13, 2008- Shaw is planning aggressive national television, print and web advertising and, for retailers, the Spring is Green promotion.
Stock Prices Belie Homebuilders' Performance
New York, NY, February 14, 2008--You'd never know the homebuilding segment is in the doldrums by looking at stock performance.
Solutia Seeks Citi Testimony on Exit Financing
Philadelphia, PA, February 13, 2008 — Solutia Inc. wants to force Citigroup Inc. Chief Executive Vikram Pandit to answer questions about his firm's decision to back out of $2 billion worth of promised Chapter 11 exit financing.
Beaulieu Rolls Out New 'Bliss' Brand to Consumers
Dalton, GA, February 12, 2008--Beaulieu has rolled out an entirely new marketing campaign designed to promote the company's residential lines more effectively to women.
Small Business Optimism Falls to 1991 Levels
Washington, DC, February 13, 2008 -- The National Federation of Independent Business Index of Small Business Optimism fell 2.8 points in January to 91.8, the lowest reading since January 1991.
Retail Sales Rise Defying Expectations
Washington, DC, February 13, 2008 -- Retail sales rose by 0.3 percent in January, surprising analysts who had forecast a decline.