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.
Washington, DC, January 20--Senate Judiciary Committee Chairman Arlen Specter said on Wednesday he was proposing a $140 billion fund to compensate asbestos victims and cap the liability of companies paying them damages.
Washington, DC, January 20--The Federal Reserve in its Beige Book reported that economic activity continued to pick up in most of the country in late November through early January.
Phoenix, OR, January 19--Bug in a Rug blended well for many years inside New West Imports in Medford. The area-rug dealer eventually outgrew its habitat, however, and needed a place of its own, according to the Medford, Oregon, Mail Tribune.
Washington, DC, January 19--The nation’s home builders expect the housing market to remain strong as a growing economy helps offset the impact of slowly rising mortgage interest rates, according to the National Association of Home Builders/Wells Fargo Hou
Ishpeming, MI, January 19--A fire in a silo at the Robbins Inc. flooring mill kept more than two dozen firefighters on the scene for nearly 12 hours in bitter cold Monday according to the Detroit Free Press.
Washington, DC, January 19--Consumer prices were off 0.1 percent in December, led by a drop in gasoline and heating oil prices, according to a Labor Department report. The core index, which excludes food and energy increased 0.2%.
Calabasas, CA, January 19—-Homebuilder Ryland Group posted 26 percent growth in fourth-quarter profit and increased its 2005 outlook.
St. Louis, MO, January 19--May Department Stores Co. stock surged Tuesday amid renewed optimism for the company in the wake of chief executive Gene S. Kahn's abrupt resignation Friday.
Washington, DC, January 19--Solutia Inc. said Tuesday in a regulatory filing that its board approved funding for the company's 2004 incentive program.
Dalton, GA, January 18--Faus announced that it has granted Berry a patent license on its Embossed-In-Register and Joint Guard beveled edge patents.