Fed Not In Hurry To Raise Interest Rates
Washington, DC, Dec. 9--The Federal Reserve left interest rates at a 45-year low Tuesday and retained its controversial commitment to keep interest rates low for a "considerable period."
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.
Lowe's Expands Operational Divisions
Mooresville, NC, Dec. 10--Lowe's announced today the company will expand its operational structure to support its ongoing nationwide growth and ensure continued high customer service levels in its stores.
Mosaic Tile Design Enjoying A Renaissance
Ramona, CA, Dec. 9--Until recently, making mosaics required quite a bit of both time and patience, but recent innovations have changed all that for anyone with the most basic of computer experience.
Georgia-Pacific To Combine Wood Units
Atlanta, GA, Dec. 9--Georgia-Pacific will combine its industrial wood products group with its structural panels and lumber units early next year to create a new wood products unit.
PACE Union President Comments On DuPont Restructur
Nashville, TN, Dec. 8--In a statement released today, Boyd Young, president of the Paper, Allied-Industrial, Chemical, and Energy Workers International Union (PACE), expressed concern over DuPont's announcement that it would slash jobs in the U.S. and
Cargill Dow Looking To Grow U.S. Customer Base
Minnetonka, MI, Dec. 9--Cargill Dow LLC did the chemistry, creating a tough, price-competitive biodegradable plastic from corn.
ASCR To Hold Auction For Ronald McDonald House Cha
Millersville, MD, Dec. 9--Tim Horrigan, president of the Association of Specialists in Cleaning and Restoration, announced today that the Association will conduct a live auction at its 2004 Annual Convention to benefit Ronald McDonald House Charities.
Web Sales Thrive In Bad Weather
New York, NY, Dec. 8--The weekend blizzard that pummeled the Northeast may have put a damper on holiday sales at traditional retailers, but it proved a boon to Web merchants.
Stewart To Be Cross-Examined
New York, NY, Dec. 9--A federal judge rejected Martha Stewart's request to disqualify a prosecutor from cross-examining the lifestyle entrepreneur at her January obstruction-of-justice and securities-fraud trial.
New Wool Testing Center Opened
Belfast, UK, Dec. 8--Details of a new state-of-the-art wool testing center, to be opened in North Wales and planned to service the Northern Hemisphere, was announced at the IWTO (International Wool Textile Conference) in Dubrovnik.