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.

Ex-CBO Chief: Asbestos Bill a Big Risk

Washington, DC, June 7, 2006--The Senate proposal for a privately funded trust to pay asbestos injury claims is laden with uncertainty and taxpayers risk footing the bill, the former head of the Congressional Budget Office plans to tell a Senate committee

April Consumer Credit Up 5.9%

Washington, DC, June 7, 2006--Consumers took on an extra $10.6 billion in debt in April, the most in 10 months, the Federal Reserve reported Wednesday.

Feltex Sees Improved Conditions

Wellington, New Zealand, June 7, 2006--Beleaguered carpet maker Feltex is working to reduce its debt and has assured shareholders that market conditions are continuing to improve.

Hoover Drives All-Terrain Flooring Cleaner

Newton, IA, June 7, 2006--Hoover is looking for the checker flag with its new SteamVac All-Terrain Carpet and Hard-Floor cleaner, designed to clean the multitude of floor surfaces found in today's homes.

WFCA Celebrate CFI Showcase of Talent and Product

Kansas City, MO, June 7, 2006--The World Floor Covering Association (WFCA) on June 29, 2006, will open its doors to a grand reception showcasing the remodeling project at its headquarters in Anaheim, CA.

AFCA Honors James M. D. Maloney

Phoenix, Ariz., May, 2006--Arizona Floor Covering Association will be honoring James M. D. Maloney, president of United Freight Service, Inc., as the “AFCA Person of the Year 2006” at the awards dinner to be held on November 10, 2006.

A Marriage of Business and Marriage

Wall, NJ, June 7, 2006--When it rains and customers stay home rather than shop for new carpet, Kevin Ryan sometimes frets over the dip in business.

Home Depot Defends Bank Purchase

Atlanta, GA, June 7, 2006--Home Depot struck back at comments from a key real estate industry group that its proposed purchase of a small bank could harm competition, saying homeowners have many ways to finance home projects.