When in the Overview, the folders from that view cannot be organized, either manually or alphabetically. The folders are organized only in the order that they were created with the most recent being show in the top left.
The lists can only be organized Alphabetically, and not manually. They also initially appear in the order that they are created.
Would like to see the ability to organize folders manually and alphabetically. Also have the ability to manually organize lists in the "Overview" view.