More stories about News

  • Depot vs. Lowes

    More from the department of boring corporate news: Home Depot stomps Lowes. If you shop in those stores you may have contributed to the following not-so-boring statistic.

  • Fixing the Chinese Drywall Disaster

    Carelessness led to Florida’s problems with defective Chinese drywall.

  • 18-Volt Ryobi Batteries Recalled

    The U.S. Consumer Product Safety Commission, in cooperation with One World Technologies has announced the recall of 4.0 Ah 18-volt lithium-ion Ryobi tool batteries after several reports of packs busting into flames on the charger.

  • Chinese plywood is about to go up in price

    In response to an unfair trade petition by U.S. manufacturers of hardwood plywood, the U.S. Commerce Department is going to impose up to a 27% duty on imported Chinese plywood.

  • The Hilmor Brand Joins Irwin and Lenox

    Newell Rubbermaid, the parent company of Irwin and Lenox, is launching a new brand of tools aimed at the professional HVAC mechanic.

  • No More $9.99 or $99.99 Tools

    Canada has done away with the penny and Home Depot announces...

  • Apex Tool to Close Its North Carolina Plant

    The Apex Tool Group announced it will be closing its Gastonia, NC, plant in June 2013 and moving those jobs to facilities in Texas and China. Among the tools made at the plant are sockets sold under the Craftsman brand label.

  • New Tax on Wood Creates Confusion in California

    As of January 1, California retailers have been required to collect an extra one percent tax certain lumber products. Plywood, framing lumber, and unfinished decking are among the products subject to the tax. Doors, windows, trim, and other more heavily processed items are not.

  • Home Depot Loses $257K to Double-Cart Scheme

    A New York duo has been arrested and accused of using a double-cart scheme to steal $257,000 from Home Depot stores in New Jersey, New York, Maryland, Connecticut, and Pennsylvania. They allegedly loaded two carts with identical items, paid for one, and stashed the other in the store.

  • Bill Bans Use of Sulfur-Tainted Drywall

    Congress passed a bill that limits the amount of sulfur allowed in drywall and directs the administration to press Chinese manufacturers to compensate victims of tainted Chinese wallboard products.