Berkshire Investors Fret Over Future Without Buffe
Omaha, NE, May 10--Grey-haired, rumpled and bespectacled, Warren Buffett would seem an unlikely character to garner the kind of adoration usually devoted to pop stars.
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.
Stewart to Base Leniency Plea on Layoff Risk
New York, NY, May 10--Pleading for leniency for an unrepentant client, Martha Stewart's lawyers plan to argue that a prison sentence could hurt her company and force it to lay off some of its 500 employees.
Retirees Sue in Solutia Bankruptcy Case
St Louis, MO, May 10--Monsanto Co. and Pharmacia Corp. should be forced to cover the estimated $1.3 billion cost of benefits for all Solutia Inc. and some Monsanto retirees and dependents if bankrupt Solutia can't do so, a panel for the retirees argue
Invista Names New Business Leaders
Kennesaw, GA, May 10--Invista named seven business leaders in its Interiors organization. Each of the seven will report directly to Alan Wolk, president of Invista Interiors, who will lead the global business from a base here.
Invista Closing Some Operations
Wilmington, DE, May 7--Invista, the former DuPont Co. textiles and interiors business, said Friday that its operations at DuPont's Experimental Station will be discontinued by the end of the year.
Home Depot & This Old House Expand Partnership
Atlanta, GA, May 10--Home Depot today announced the launch of the "This Old House" Video Library, a new online channel available through www.homedepot.com that features instructional advice on home-related projects delivered via streaming videos.
Crossville Names San Francisco/Bay Area Rep.
Crossville, TN, May 10--Crossville, Inc. has named Martha Vega as its new architectural representative for the San Francisco/Bay area, exclusively in charge of calling on architectural and interior design firms.
Solutia Bankruptcy Costs Florida County
Pensacola, FL, May 7--The Escambia County Commission and the county School District each will have to cut more than $1.4 million from next year's budgets to make up for tax revenue lost because of Solutia Inc.'s bankruptcy.
British Carpet Firm Reports More Losses
Kilmarnock, Scotland, May 6--Troubled carpet manufacturer Stoddard International has had a tough year, but bosses say ‘a much leaner business’ has been created in Kilmarnock.
StarNet Adds New Member
Ridgefield, CT, May 6--Lori Dowling, president and CEO of StarNet Commercial Flooring Cooperative, announces the acceptance of G&W Commercial Flooring, Inc. in Seattle, WA, as a member.