| Nov 11, 2022 / The Right News Right When It Happens | Top Story | | Only 42.2% of Homes Affordable to Median Income Earners in Q2 | Washington, DC, November 11, 2022-Just 42.2% of new and existing homes sold between the beginning of July and end of September were affordable to families earning the U.S. median income of $90,000, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI). | |
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| Today's Flooring News | | Consumer Sentiment Declined 8.7% in Early November | Ann Arbor, MI, November 11, 2022—Consumer sentiment declined 8.7% to 54.7 in early November, according to preliminary results from the University of Michigan Survey of Consumers. | |
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| | Jay Flynn Named VP of Business Development for Cali | San Diego, CA, November 11, 2022-Jay Flynn, formerly of DCS Partnership Group and Broadlume, has been named vice president of business development for Cali. | |
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| | Ex-Mexican Partner Guilty of Breach of Fiduciary Duty Against Kolay | Los Angeles, CA, November 11, 2022—In a legal business dispute waged in the United States and Mexico, a U.S. District Court judge on November 9 entered judgment on a jury’s verdict that the Mexican defendants, Luis Barroso De La Fuente and a rival company he created, conspired to breach fiduciary duties owed to their U.S. partner, City of Industry, California-based Kolay Flooring International and its owner, president and CEO Dan Mitchell. | |
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| Shaw Wins 2022 St. Jude Organizational Support Award | Dalton, GA, November 11, 2022—Shaw has been awarded the 2022 St. Jude Organizational Support Award, which recognizes a partner who has found innovative ways to support the lifesaving mission of St. Jude Children’s Research Hospital through employee participation and an array of fundraising programs. | |
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Featured Video | | Michael Martin Discusses the NWFA's Latest Initiatives to Promote Real Hardwood Flooring | November 11, 2022—Michael Martin, CEO of the National Wood Flooring Association (NWFA), and Kemp Harr discuss business conditions and the group' | |
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