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, Jun. 1--Job reductions by U.S. corporations were nearly unchanged in May at 73,368, up 1.6 percent from April's 72,184, according to a monthly tally released Tuesday by outplacement firm Challenger Gray & Christmas.
Washington, DC, Jun. 1--Spending on construction increased 1.3% in April, estimated at a seasonally adjusted annual rate of $970.4 billion, the Commerce Department said Tuesday.
Cheltenham, UK, May 28--Union leaders have reacted with fury to the news that nylon fibre producer Invista is cutting a quarter of its 900-strong workforce, according to the Gloucestershire Echo.
Dallas, TX, May 27-- Home Depot Inc. on Thursday said preliminary voting results indicate that all 10 of its directors were reelected to its board.
Ludwigshafen, Germany, May 28--BASF, Bayer and Hoechst today announced that Platinum Equity plans to acquire DyStar, the Frankfurt-based manufacturer of textile dyes.
Luxembourg, May 28-- General Electric Co. appealed Thursday for a European Union court to overturn a ban on its merger with Honeywell International Inc. claiming EU regulators buried evidence and disregarded data.
Midland, MI, May 28--Dow Latex, the latex business of The Dow Chemical Company announced plans to add a second styrene/butadiene latex train in its production site in Zhangjiagang, China, to better meet the growing customer needs in the Greater China regi
Mooresville, NC, May 28--Lowe's Cos.on Friday said it boosted its quarterly dividend by 33 percent.
Ann Arbor, MI, May 28--U.S. consumer sentiment slipped fell in May, as high energy prices and the prospect of interest rates hikes weighed on Americans' willingness to spend.
Chicago, IL, May 28-- A closely watched measure of manufacturing activity in the Chicago area dipped a bit in February, the region's purchasing managers said Friday, but was still stronger than most economists expected.