Greenspan Defends Fed's Risk Management Strate
San Diego, CA, Jan. 4--Federal Reserve Chairman Alan Greenspan took another step Saturday to secure his place in history.
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.
Survey: Hiring To Pick Up in 2004
New York, Jan 2--The jobless recovery may need a new nickname in 2004. That's because rising corporate profits and steady economic growth are expected to prompt companies to hire workers more aggressively in the months ahead.
Congoleum Gets Claimants' Approval, Files Bank
Mercerville, NJ, Dec. 31--Congoleum Corporation announced today that it has obtained the asbestos claimant votes necessary for approval of its pre-packaged Chapter 11 plan of reorganization and has proceeded with its bankruptcy filing.
Laufen To Relocate Eastern U.S. Distribution Cente
Suffolk, VA, Jan 2--Laufen Ceramic Tile announced it will move into Commonwealth Storage Buildings in Suffolk, the new center for importing, warehousing, and distributing their ceramic tile products in the eastern United States.
Coverings Adds Programs
Alexandria, VA, Dec. 29--National Trade Productions (NTP), the show management company for Coverings, has announced that the 2004 show will offer a variety of speakers.
Fortune Names Milliken A Top U.S. Employer
Spartanburg, SC, Dec. 31--Spartanburg-based Milliken & Company ranks as the 16th best company in FORTUNE Magazine's annual "100 Best Companies to Work For."
Jobless Claims Fall
Washington, DC, Dec. 31--New claims for jobless benefits fell last week to the lowest level since President Bush took office in January 2001.
Historic Quilt Designs Translated To Hand-crafted
Akron, OH, Jan. 2--Since slavery days, generations of women in tiny Gee's Bend, Ala., have stitched the flavor of their isolated community into quilts remarkable for their bold, improvisational designs, according to the Akron Beacon Journal.
Existing-Home Sales Slip
Washington, Dec. 30--The market for existing single-family home sales slipped in November from record sales levels in recent months but is maintaining a historically high pace.
Consumer Confidence Slips
New York, Dec. 30--The Conference Board's Consumer Confidence Index, which had increased last month, slipped in December.