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.

Assistant Broker Pleads Guilty

New York, NY, Oct. 3—The brokerage assistant involved in alleged insider trading by Martha Stewart has cut a deal with prosecutors, pleading guilty to a misdemeanor yesterday—a move that could spell further trouble for her.

Construction Spending Drops

Washington, DC, Oct. 2—Construction spending dropped by 0.4% in August led by cutbacks in private builders'''' projects including offices, industrial complexes and hotels, according to reports from the Commerce Department.

Retail Sales Off In September

(Washington, DC, Oct. 11) Consumers cut back on their spending in September, driving down sales at the nation''s retailers by 1.2%.

Schilling To Head Tandus

(Dalton, GA, Oct. 10) Tandus Group has strengthened its senior management team with the transition of Lee Schilling.

Consumer Spending Slows

Washington, DC, Sept. 30—According to the Commerce Department, personal consumption spending rose by only 0.3% in August following a 1% surge in July.

Merrill Lynch Assistant May Testify Against Martha

New York, NY, Sept. 27—An assistant at Merrill Lynch has agreed to plead guilty to a misdemeanor and testify against Martha Stewart and others in the federal investigation of stock sales in ImClone Systems last year.

Nourison and O at Home Magazine Help Rebuild Bilox

Saddle Brook, NJ, November 8, 2006--Nourison Rug Corporation was recently pleased to participate in “O at Home” magazine’s recent "O You!" event in Boston to benefit Katrina rebuilding efforts in Biloxi.

The Newest Carpet Reclamation Partnership

Ridgefield, CT, July 20, 2006--The StarNet/CARE Carpet Reclamation Program, officially launched in January of this year, is a partnership in which both involved organizations truly bring equal contributions to a functioning, successful venture.

Mohawk 2Q Earnings Up 22%

Calhoun, GA, July 27, 2006--Mohawk Industries in the second quarter reported earnings that rose 22%, boosted by an acquisition and higher sales of hard surface products.