Posted in home improvement loans

Coronavirus latest: Students in England will be allowed home for Christmas

Andy Bounds in Huddersfield

The leaders of three of northern England’s biggest cities have called for the government to relax coronavirus restrictions it has imposed on them, which they say are wrecking the region’s economy.

The letter from Liverpool, Leeds and Manchester councils increases pressure on the government, whose own MPs are pressing for looser measures.

In a letter to health secretary Matt Hancock and business secretary Alok Sharma, the leaders and chief executives of the cities in northern England say that hotel occupancy is at around 30 per cent normal levels and footfall has dropped by more than two-thirds during local lockdown measures.

Because of higher coronavirus transmission rates, the three northern cities – which are major urban hubs in the government’s northern powerhouse plan – have to follow stricter coronavirus rules than in London.

They all, for example, have had bans on households mixing with each other in

Read More
Continue Reading Coronavirus latest: Students in England will be allowed home for Christmas
Posted in improvements

White House announces major improvements in coronavirus testing (again)




a close up of a sign


© Yahoo News



WASHINGTON — The setting was familiar, and so were the assurances. Speaking from the Rose Garden on Monday afternoon, President Trump promised a “massive and groundbreaking expansion” in the nation’s ability to perform diagnostic tests for the coronavirus. 

“We are now at an inflection point in testing,” said Adm. Brett Giroir, a high-ranking Department of Health and Human Services official who is in charge of testing on the White House coronavirus task force. He said that 920,000 coronavirus diagnostic tests were now being performed nationwide each day. Some 7 million Americans have tested positive.

The expansion was made possible by Abbott Laboratories, whose rapid BinaxNOW test can return results in mere minutes without requiring the intrusive nasal swab that can make a coronavirus test an acutely unpleasant experience. 

The Trump administration purchased 150 million such tests for $760 million. They will go to nursing homes, schools

Read More
Continue Reading White House announces major improvements in coronavirus testing (again)
Posted in home repair

Two Charged For Handling Of Coronavirus At Veteran’s Home, Believed To Be First Criminal Case Over Nursing Home Deaths

Topline

Two former leaders of a Massachusetts home for aging veterans, where nearly 80 people have died from Covid-19, have been charged for their handling of the outbreak, the state’s attorney general said Friday, in what she says is believed to be the first U.S. criminal case brought nursing home staff during the Covid-19 pandemic.

Key Facts

Former Holyoke Soldiers’ Home Superintendent Bennett Walsh and former Medical Director David Clinton were indicted by a grand jury, Attorney General Maura Healey told reporters. 

Each is charged with 10 counts, five counts of criminal neglect and five counts of serious bodily injury, and have yet to comment on the charges.

The charges come three months after a scathing independent report said “utterly baffling” decisions made by Walsh and other administrators allowed the

Read More
Continue Reading Two Charged For Handling Of Coronavirus At Veteran’s Home, Believed To Be First Criminal Case Over Nursing Home Deaths
Posted in home

Coronavirus: UK government tells people to work from home

  • Boris Johnson’s government tells workers to stay at home if they can.
  • This follows weeks of his government urging people in England to return to offices.
  • Prime Minister Johnson will announce the new guidance to MPs on Tuesday afternoon.
  • His government will also introduce a 10pm curfew for pubs, bars, and restaurants.
  • Visit Business Insider’s homepage for more stories.

Boris Johnson will today urge people to work from home if they can in order to stop a spike in coronavirus infections, just weeks after launching a back to work drive.

The UK prime minister will address the House of Commons on Tuesday where he will confirm that the government has scrapped its push for more people in England to return to their workplaces.

The guidance represents a dramatic shift in government policy.

The UK prime minister in July said “I do want people to start to go back to work

Read More
Continue Reading Coronavirus: UK government tells people to work from home
Posted in home improvement storest

Group issues Halloween 2020 guidelines, color-coded coronavirus risk map

This corrects a previous version of this story that identified the Centers for Disease Control and Prevention as the source of the guidelines and map noted in this article.

CHICAGO (NEXSTAR) — What will Halloween look like this year? One thing’s for sure. It will no doubt be different than years past.

Halloween 2020 converges with a full moon, a blue moon, Daylight Saving Time — and it falls on a Saturday.

Of course, the holiday is also happening during the COVID-19 pandemic.

This week, the Halloween and Costume Association (HCA) issued resources and an interactive map to help families stay safe this Halloween.

The group created an interactive map on its website with color-coded risk levels for each county throughout the country. There are four risk levels: green, yellow, orange, and red — with green representing the least amount of risk

Read More
Continue Reading Group issues Halloween 2020 guidelines, color-coded coronavirus risk map
Posted in home improvement loans

Low Rates to Aid KB Home (KBH) Q3 Earnings Amid Coronavirus?

KB Home KBH is slated to report third-quarter fiscal 2020 (ended Aug 31, 2020) results on Sep 22, after market close.

In the last reported quarter, its earnings missed the Zacks Consensus Estimate by 3.5%, after surpassing the same in each of the prior 17 quarters. Revenues also missed the consensus mark in the fiscal second quarter by 14.8%. On a year-over-year basis, its bottom line increased while top line declined on lower deliveries and average selling price (ASP).

Trend in Estimate Revision

For the quarter to be reported, the Zacks Consensus Estimate for earnings has increased 4.3% over the past 60 days to 48 cents per share. The estimate indicates a 34.3% decrease from the year-ago earnings of 73 cents per share. The consensus estimate for revenues is pegged at $895.8 million, suggesting a decline of 22.8% from the prior-year quarter.

KB Home Price and EPS Surprise

KB Home Price and EPS Surprise

KB Home

Read More
Continue Reading Low Rates to Aid KB Home (KBH) Q3 Earnings Amid Coronavirus?
Posted in home

Polish retailers seek profits closer to home as coronavirus bites

By Anna Koper and Michael Kahn

WARSAW/PRAGUE (Reuters) – Poland’s big clothing and footwear retailers LPP <LPPP.WA> and CCC <CCCP.WA> are switching focus back to eastern Europe, sizing opportunities to add brick-and-mortar stores as international rivals concentrate on online sales during the pandemic.

LPP – eastern Europe’s answer to H&M <HMb.ST> and Inditex’s <ITX.MC> Zara – has expressed ambitions to emulate its two rivals as a top five global fashion brand.

Those plans have stalled as the pandemic has hit consumer spending, but with eastern Europe weathering the crisis better than Western economies, the retailer sees better prospects in its home region.

“Our approach to expansion has changed due to the epidemic,” LPP’s Deputy Chief Executive Przemyslaw Lutkiewicz told Reuters. “We hope that from the next year we will return to the expansion of new stores, but mainly in the eastern markets.”

LPP’s push comes as some big Western brands

Read More
Continue Reading Polish retailers seek profits closer to home as coronavirus bites
Posted in home improvement loans

Coronavirus drives lumber prices up sharply. What that’s doing to Boise-area home prices

The cost of lumber has more than tripled in the past five months, adding to the cost of new homes and do-it-yourself projects.

Loading...

Load Error

As of Monday, lumber prices had risen 170% since the middle of April, said Steve Martinez, owner of Tradewinds General Contracting in Boise.

“That equates to a $16,000 increase in the cost of an average new home,” Martinez said by phone.

Demand was high before the coronavirus pandemic struck in mid-March, when one-fourth to one-third of Northwest mills shuts down for several weeks, cutting the supply, Martinez said. He serves on the finance committee of the National Association of Homebuilders and is former president of the Building Contractors Association of Southwestern Idaho .

The closures came amid moves to obey pandemic health regulations and because of an anticipated drop in demand, the National Association of Homebuilders said.

Boise Cascade Co, a wood-products manufacturer based in

Read More
Continue Reading Coronavirus drives lumber prices up sharply. What that’s doing to Boise-area home prices
Posted in home

This will be the biggest year ever for software IPOs as coronavirus and work-from-home show value

The software business is on fire. This is going to be by far the biggest year for software IPOs in history.



a sign on the side of a building: A stock trader wearing a mask walks near social distancing signs the day a new IPO is launched at the New York Stock Exchange as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 27, 2020 in New York City. The fourth phase allows outdoor arts and entertainment, sporting events without fans and media production.


© Provided by CNBC
A stock trader wearing a mask walks near social distancing signs the day a new IPO is launched at the New York Stock Exchange as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 27, 2020 in New York City. The fourth phase allows outdoor arts and entertainment, sporting events without fans and media production.

Four big software IPOs are pricing this week: Snowflake, Unity Software, Jfrog, and Sumo Logic. Palantir and Asana are coming at the end of September.  

Loading...

Load Error

Snowflake priced its IPO at $120 per share, raising $3.3 billion. Previous price talk over the weekend had been at $75-$85 per share, then raised to $100-$110 per share on Monday.

JFrog priced 11.6

Read More
Continue Reading This will be the biggest year ever for software IPOs as coronavirus and work-from-home show value
Posted in home remodeling

How The Coronavirus Sparked An Unprecedented Home Improvement Boom In Kansas City | KCUR 89.3

The sound of power tools is roaring in neighborhoods across the United States.

In the Brookside neighborhood in central Kansas City, Mo., John Buhr has do-it-yourself projects going from the top of the garage to the basement.

“As soon as COVID hit, we needed someplace the kids could play,” Buhr says, noting that neighborhood parks were closed. “So we put a playhouse down [in the basement] first and then found the kids liked it so much that we went ahead and built a living room. And then my wife needed the space to work.”

So now Buhr is building an office for his wife in what was an unfinished attic above the garage. He’s also working on a self-contained apartment for his parents and in-laws to use when they’re in town for extended babysitting visits.

“This all kind of became immediately necessary, thanks to COVID,” Buhr says.

John Buhr using recycled lumber to build a playhouse for his young children.JPG

Frank Morris

John
Read More
Continue Reading How The Coronavirus Sparked An Unprecedented Home Improvement Boom In Kansas City | KCUR 89.3