Asbestos Bill Gaining Momentum
Washington, DC, May 13--The outlook for a Senate bill that would remove asbestos litigation from the courts improved Thursday after two days of committee action clinched a crucial Democratic vote.
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Washington, DC, May 13--The outlook for a Senate bill that would remove asbestos litigation from the courts improved Thursday after two days of committee action clinched a crucial Democratic vote.
Washington, DC, May 13--The four major sectors of the commercial real estate market – office, retail, industrial and multifamily –can expect improvement over the next two years.
Troy, MI, May 13--Auto parts and carpet supplier Collins & Aikman said its chief executive resigned as it faces significant near-term liquidity issues.
Linwood, PA, May 13--Foamex International reported a net loss in the first quarter of 2005 of $10.9 million, or $0.44 per diluted share.
Chicago, IL, May 12--Jerry Krull, owner and lead designer of Aspen Carpet Designs in Mokena, IL, is featured on a national cable television program this month.
Atlanta, GA, May 12-- Stainmaster carpet has developed a new section of the Stainmaster carpet Web site.
Göteborg, Sweden, May 12--Molnlycke Health Care, a manufacturer, marketer of single-use products for surgical interventions and wound care, has named Ulf Mattsson CEO.
Washington, DC, May 12--The sickest asbestos victims would be paid the quickest under changes approved on Wednesday by the Senate Judiciary Committee to legislation to create a $140 billion compensation fund.
Sultanhany, Turkey, May 12--Worn-out antique carpets from the United States, Germany, England, France and Italy find new life in the Aksaray district of Sultanhany, Turkey.
Bentonville, AR, May 12--Wal-Mart Stores reported a 14 percent increase in first-quarter earnings, but the results missed Wall Street estimates.