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Confidence among U.S. homebuilders fell this month to the lowest since February 1991 as interest rates climbed and delinquencies surged, Bloomberg.com reports.

Businesses are not required to consider an invitation to merge their pension plans vs. terminating them, according to a Supreme Court ruling June 18, as reported by the Associated Press.

Bloomberg.com reports today that two private-equity groups will each offer separate competing bids of about $10 billion for HD Supply.

Bloomberg News has reported that a sales of HD Supply to one or more private equity groups may occur as early as next week.

Bradley Corp., Menomonee Falls, Wis., appointed Mike Sipek chief operating officer and Bryan Mullett vice president of operations.

BrassCraft, a leading manufacturer of plumbing products, announced the pending departure of its president, Todd Talbot.

The state of Hawaii has adopted the 2006 Uniform Plumbing Code as its first statewide plumbing code.

The Mechanical Contractors Association of America will hold its first green-building conference Sept. 24-26 in Milwaukee, Wis.

An increasing glut of empty homes for sale hasn’t had much of an effect on lowering home prices to more attractive levels for buyers, according to a national housing study released yesterday.

Bill will create the nation’s largest solar water heating rebate program.