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La-Z-Boy Crashes Most Since 2022 As Frozen Housing Market Crushes Sofa Demand
La-Z-Boy Crashes Most Since 2022 As Frozen Housing Market Crushes Sofa Demand
La-Z-Boy shares suffered their steepest decline in 4.5 years on Wednesday after the furniture maker's second-quarter guidance missed expectations, providing even more evidence that weak housing turnover has suppressed demand for big-ticket discretionary goods such as sofas and recliners. With mortgage rates elevated and home prices near record levels, affordability remains severely stretched, keeping transaction volumes depressed, thus limiting replacement purchases that typically drive furniture demand.
La-Z-Boy forecasted second-quarter sales of $475.7 million, down 3% from a year earlier and well...
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May 20, 2026 / Tyler Durden
AI Is Making Business Email Compromise Nearly Impossible To Spot
AI Is Making Business Email Compromise Nearly Impossible To Spot
Authored by Adam H. Douglas via The Epoch Times (emphasis ours),
Business email compromise (BEC) is a targeted fraud scheme in which criminals impersonate vendors, executives, or accountants to steal money from businesses. AI has made these attacks dramatically harder to detect by generating personalized emails that mirror real writing styles and existing business relationships.
Criminals are using AI to create highly convincing business email scams that can drain company accounts. Who is Danny/Shutterstock
The FBI reported more than $20 billion in internet...
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May 18, 2026 / Tyler Durden
Trump Demands DOJ Probe Of Maryland's 500,000 "Illegal" Mail-In Ballots
Trump Demands DOJ Probe Of Maryland's 500,000 "Illegal" Mail-In Ballots
Submitted by Maryland Freedom Caucus,
President Donald Trump is demanding immediate action from the Department of Justice over Maryland's exploding mail-in ballot scandal, and he's not mincing words.
In a Truth Social post on Monday, Trump slammed the fiasco:
"In Maryland, they sent out 500,000 Illegal Mail In Ballots, and they got caught! So now, they're going to send out 500,000 more Mail In Ballots, but nobody knows what's happening with the first 500,000 they sent. … I'm going to ask the Attorney...
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Jul 22, 2026 / Tyler Durden
OpenAI Admits Model Escaped Containment And Hacked Hugging Face To Cheat On A Test
OpenAI Admits Model Escaped Containment And Hacked Hugging Face To Cheat On A Test
Authored by Felix Ng via CoinTelegraph.com,
OpenAI disclosed Tuesday that a combination of its AI models, including GPT-5.6 Sol and a more capable unreleased model, escaped its testing environment and hacked AI startup Hugging Face last week to cheat on a test meant to measure their capabilities.
In a blog post, OpenAI said the evaluation was designed to operate in a highly isolated environment with restricted network access. The models, however, found a way to gain internet access through a...
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