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.
Varanasi, India, October 17, 2005—The Indian government has called for technology-aided value addition to the quality of carpets manufactured in Varanasi-Mirzapur-Bhadohi belt so that the internationally-acclaimed products could continue to compete in the
Salt Lake City, UT, October 17, 2005--Connor Sport Court International announced a new, expanded partnership in which Connor Hardwood Courts becomes the official court surface for both the NCAA Men's and Women's Final Four.
Birmingham, AL, October 17, 2005--Saks Inc. in its second fiscal quarter reported net income of $8.2 million, or $0.06 per share, compared with a loss of $25.3 million, or $0.18 per share, a year earlier.
International announced that the U.S. Bankruptcy Court for the District of Delaware has granted final approval for the Company's $320 million debtor-in-possession (DIP) financing.
Washington, DC, October 14, 2005--Industrial production dropped by 1.3% in September as Hurricanes Katrina and Rita knocked out oil rigs and refineries along the Gulf Coast.
Washington, DC, October 14, 2005--The consumer price index for September rose a bigger-than-expected 1.2%, according to a Labor Department report. It was the fastest pace in consumer inflation more than 25 years.
Washington, DC, October 14, 2005--Retail sales rose 0.2% in September.
New York, NY, October 14, 2005--A federal appeals court ruled yesterday that a Washington law firm had a conflict of interest when it advised Congoleum, a company coping with asbestos claims, according to the New York Times.
Ann Arbor, MI, October 14, 2005--The University of Michigan's preliminary index of consumer sentiment decreased to 75.4 in mid-October from 76.9 in September.
Washington, DC, October 14, 2005--Business inventories fell an unexpected 0.5% in July, led by a drop in motor vehicles and parts, according to a report from the Commerce Department.