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.

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.

Spector Vows to Pursue Asbestos Bill

Washington, DC, June 7, 2006--A senior Senate Republican vowed on Wednesday to press ahead with his legislation for a privately funded $140 billion trust to pay asbestos injury claims.

Home Sales Settling, Appreciation Slowing

Washington, DC, June 6, 2006--The housing boom has ended but sales at historically healthy levels will continue, and price appreciation will return to normal patterns across much of the country, according to the National Association of Realtors.