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.

Asbestos Bill to Get Senate Vote

Washington, DC, Apr. 14--Though even its backers admit its chances of passage remain slim, U.S. Senate Republican leaders intend to bring an insurer-backed asbestos bill to the floor the week of April 19.

EPA Honors Interface & Others

Washingon, DC, Apr. 14--EPA will recognize 29 individuals and organizations from around the world for outstanding efforts in protecting the Earth's climate and stratospheric ozone layer.

Fed's Parry Gives Opinion on Rates

New York, NY, Apr. 12--U.S. interest rates cannot remain at their 1958 lows forever and will have to rise at some point, perhaps to 3.5%, Federal Reserve Bank of San Francisco President Robert Parry said.

Invista to Sell High-Yield Bonds

London, UK, Apr. 13--U.S. fiber manufacturer Invista will sell high-yield bonds worth $575 million next week to fund its acquisition by Koch Industries Inc.

Home Depot Financial Update

Atlanta, GA, Apr. 13--Home Depot Inc. paid Chief Executive Robert Nardelli $2 million in salary and $4.5 million in bonus in 2003.

Business Inventories Up

Washington, DC, Apr. 13--Inventories at U.S. businesses posted their largest gain in more than three years in February.