| May 29, 2024 / The Right News Right When It Happens | Top Story | | Mortgage Applications Declined 5.7% in Week Ending May 24 | Washington, DC, May 29, 2024—Mortgage applications decreased 5.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 24, 2024. | |
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| Today's Flooring News | | Välinge Forms Partnership with Eagle Innovative Material Tech | Viken, Sweden, May 29, 2024—Eagle Innovative Material Technology China CO., Ltd signs license agreement to use Välinge's locking technology on its resilient products, starting with implementation of Välinge’s 5G technology in chevron products. | |
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| | Retail Vacancies Being Snapped Up Quickly by New Tenants | New York, NY, May 29, 2024-"Red Lobster became the latest national chain to enter bankruptcy when the seafood-restaurant company filed for chapter 11 this month, saying it would break leases at 108 of its 550 locations,” reports the Wall Street Journal. | |
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| | Chicago Invests to Save Downtown Amid Corporate Sector Shrink | New York, NY, May 29, 2024-"Chicago gave birth to the skyscraper in the late 19th century. Now, local developers and politicians are trying to keep many of today’s office towers from dying off,” reports the Wall Street Journal. | |
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| Kevin Whiteside Named EVP of Vandewiele | Ooltewah, TN, May 29, 2024-Vandewiele has named Kevin Whiteside to the position of executive vice president. | |
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