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.

Invista Studying China's Chemical Fiber Market

Beijing, China, June 24--Invista, the world's largest integrated fiber, resin and intermediates company, now is seeking to escalate its partnership with Chinese companies to promote business, according SinoCast.

Merchants Sue Banks for Alleged Price-Fixing

Minneapolis, MN. June 23--A law firm representing a group of small businesses around the country on Thursday said it has filed a lawsuit against the nation's biggest banks charging them with illegally fixing prices of credit card transaction fees.

Weekly Jobless Claims Fall 20,000

Washington, DC, June 23--First-time claims for state unemployment benefits fell 20,000 to a seasonally adjusted 314,000 the week ending June 18, the Labor Department said Thursday.

ServiceMagic to Acquire ImproveNet

Golden, CO, and Scottsdale, AZ, June 23--ServiceMagic, Inc. and ImproveNet, Inc. have entered into an agreement whereby ServiceMagic will acquire all of the outstanding stock of ImproveNet.

UK’s Victoria Earnings Drop 21%

Kidderminster, England, June 23—-Carpet producer Victoria today said a difficult year had resulted in a 21% fall in annual profits to £3.73 million, according to the Scotsman.com.