The furniture and home decor business boomed in 2020 as people stuck at home spruced up their spaces, or relocated to new spaces entirely. The continuing strength in housing means the growth can continue, says the CEO of Overstock.com.  “First, we have a workforce trend with people moving to different places in the country. That’s good for the furniture industry,” Jonathan Johnson told Yahoo Finance Live.  The COVID-19 pandemic sparked a Great American Migration: More than 7 million… Source link

Google is going after the health sector in a major way, but Google’s health vice president said he’s feeling more pressure to bringits health products to Google-sized scale than to bring immediate revenue to the company. David Feinberg, who joined Google in a newly-created role as VP of health two years ago, said several times Wednesday that he feels pressure to bring products to scale but that revenue isn’t a part of most of his discussions with Google higher-ups. “The real pressure is ‘is… Source link

GameStop (GME) reported fiscal first-quarter results that reflected improved sales and narrowing losses, even as many investors continue to fixate on the company’s “meme stock” clout over business performance. The company also announced two Amazon veterans would be joining the company as chief executive officer and chief financial officer. Shares traded 5% lower during the after hours session before paring some losses. Here were the main results from GameStop’s report compared to consensus… Source link

The move to remote work at the onset of the pandemic last year happened virtually overnight, with shelter-in-place orders forcing office workers to abandon the spaces where they spent most of their waking hours as if driven off by a nuclear meltdown. So people spent the next weeks and months reorganizing their lives and homes, carving offices out of bedroom corners and slipping in and out of home schooling sessions for kids between calls, with former commute hours now devoted to myriad other… Source link

UnitedHealthcare (UNH) announced this week it would start rejecting claims for non-emergency visits to the emergency room starting July 1. The move has been met with stark criticism from patient advocacy groups and health experts who worry the move will discourage people from seeking care when they need it. But the health industry has long worried about the excessive cost of over-reliance on the ER. “The emergency door is the most expensive entrance into the hospital, any hospital,” health… Source link

MOSCOW, June 9. /TASS/. The Russian internet company Yandex has filed a lawsuit against the Federal Antimonopoly Service (FAS) with the Moscow Arbitration Court to declare the regulator’s decisions and actions in the case of search promotion tools illegal. This is according to the court’s files. “We are ready to openly explain our position and proposal on enhanced results to the market as part of the requirements specified in the FAS warning. Therefore, Yandex initially petitioned for… Source link

A view of an annular solar eclipse from Tokyo, May 21, 2012. (Issei Kato/Reuters) Skygazers in the Northern Hemisphere on Thursday will be treated to a “ring of fire” or annular eclipse, which occurs when the moon passes in front of the sun in line with Earth, creating the appearance of a fiery ring. Just how much of the eclipse will be visible depends on where you are; most viewers will see only a partial version. In the United States, the eclipse will occur before dawn for many, but those on… Source link

Google today launched the second beta of Android 12. The first beta, which launched at Google’s I/O conference in May, introduced us to the first glimpses of Google’s new “Material You” design system, though many of the promised new features and design tweaks weren’t part of this first beta yet. With this new beta, Google is bringing more of these to its testers (you can sign up for the beta here), including its new privacy dashboard that makes it easier for users to see which… Source link

SCOTTSBORO, Ala. (WIAT) -– Google will provide a $50,000 grant to the Rural Local Initiatives Support Corporation for the creation of a Rural LISC Alabama chapter. The Google Alabama Rural Works P3 Cohort will identify and train a diverse workforce, focusing on historically underrepresented populations in the state’s northern counties, and utilizing Northeast Alabama Community College as a hub for delivering short-term career technical tracks. Potential training tracks… Source link

Online traders have found new targets during this week’s “meme stock” resurgence.  Geo Group (GEO), a company that owns and manages private prisons, saw shares soar by as much as 73% intraday on Wednesday for the stock’s biggest one-day gain on record. Shares pared some advances after reaching as high as $11.00 apiece and closed 38% higher, or at $8.80 per share.  Natural gas service provider Clean Energy Fuels Corp. (CLNE), likewise, rose as much as 46% on Wednesday before ending the day up… Source link