Fed Raises Rates to 5%
Washington, DC, May 10, 2006--The Federal Reserve raised interest rates by a quarter percentage point to 5% on Wednesday and left the market in the dark about whether it would raise rates again.
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.
New Zealand Wool Carpet In TV Decorator Show
Atlanta, GA, May 11, 2006—This fall on Designer’s Challenge—a decorating series on Home and Garden Television (HGTV)—designer Teri Mulmed, owner of DoDaz, Inc. in Scottsdale, Arizona, takes advantage of wool’s aesthetic and functional qualities.
Chemco Intros Sustainable Wood Hardening
Ferndale, WA, May 11, 2006 -- Chemco Inc., has introduced a new hardening technology for the wood flooring and furniture industries.
Mannington Offers Scholarships to Local Schools
Salem, NJ, May 11, 2006 --Taking a cue from the success of the company’s Stand On A Better World Awards program, associates at Mannington’s Salem, New Jersey, headquarters have announced the Stand On A Better World Scholarship fund, which will benefit loc
NAM Slams Treasury For Ignoring China Currency
Washington, DC, May 11, 2006--The National Association of Manufacturers announced its disappointment that the U.S. Treasury Department chose once again not to cite China for currency manipulation in today’s Treasury Report to Congress.
Poll: Entrepreneurs Also Innovators
Washington, DC, May 11, 2006--That small business on the corner might appear to be just another little enterprise trying to make its way in the American marketplace, but it might also be creating something that could change our lives forever.
Google's New Search Tools, Updated Desktop
Mountain View, CA, May 11, 2006--Google Inc., said Wednesday it is upgrading its desktop software and introducing a range of new products.
Retail Sales Up in April
Washington, DC, May 11, 2006--Retail sales increased 0.5% in April, but most of the increased spending was at the gas pump, the Commerce Department said Thursday.
Beaulieu Announces Dealer Riviera Cruise
Dalton, GA, May 10, 2006--Beaulieu of America is planning yet another journey retailers will once again talk about for years to come.
Buffett Wants Son to Succeed Him at Berkshire
Omaha, NE, May 10, 2006--Warren Buffett, answering calls for a succession plan at his investment company Berkshire Hathaway, says his son, Howard, would be "a double-protector of the culture" as the company's future chairman.