Pandemic

Nearly Half of Americans Say They've Already Lost Income as a Result of COVID-19; One-Third Anticipate Needing Additional Education or Training

Thursday, April 2, 2020 - 2:01pm

"Nearly half of all Americans already are reporting financial impacts as a result of the pandemic," said Dave Clayton, Senior Vice President, Consumer Insights at Strada Education Network.

Key Points: 
  • "Nearly half of all Americans already are reporting financial impacts as a result of the pandemic," said Dave Clayton, Senior Vice President, Consumer Insights at Strada Education Network.
  • For example, we're hearing that one in three respondents say if they lost their job due to COVID-19, they would need additional education or training to obtain a comparable job."
  • More than half of Americans are worried about losing their job as a result of the COVID-19 pandemic.
  • One-third of individuals surveyed think that if they lost their job, they would need additional education and training to get a comparable job.

City of Aiken, South Carolina, creates $1 million loan program to provide local small businesses relief amid COVID-19 crisis

Thursday, April 2, 2020 - 1:55pm

Community members and leaders of Aiken, South Carolina, have quickly responded to the impact of COVID-19 on small businesses creating a $1 million loan program to provide relief and get merchants through until federal aid makes its way to them.

Key Points: 
  • Community members and leaders of Aiken, South Carolina, have quickly responded to the impact of COVID-19 on small businesses creating a $1 million loan program to provide relief and get merchants through until federal aid makes its way to them.
  • Aiken, with a population of 30,000, was amid budgeting funds to attract new business when the emergence of the COVID-19 pandemic drastically changed the City's priorities.
  • The loan program is available to fund loans of up to $10,000 for qualifying businesses.
  • The city is also working with the local SCORE chapter to mentor entrepreneurs and small businesses as they go through both local and federal loan applications.

Stop & Shop to Donate 5,000 Meals Each Day for Healthcare First Responders Fighting COVID-19 at Hospitals in Greater New York City and Boston

Thursday, April 2, 2020 - 4:00pm

Mount Sinai is grateful to Stop & Shop and other business partners who are joining us in this fight against this pandemic.

Key Points: 
  • Mount Sinai is grateful to Stop & Shop and other business partners who are joining us in this fight against this pandemic.
  • We thank you for supporting our community as we work to save as many lives as possible during this crisis.
  • This fund is for Stop & Shop associates and their families in times of need, including around the coronavirus pandemic.
  • A neighborhood grocer for more than 100 years, today's Stop & Shop is refreshed, reenergized and inspired, delivering new conveniences for customers.

University Hospital Basel, Switzerland Transfuses First Two COVID-19 Patients With INTERCEPT Treated Coronavirus Convalescent Plasma

Thursday, April 2, 2020 - 1:30pm

Cerus Corporation (Nasdaq: CERS) announced today that the University Hospital Basel transfused the first two COVID-19 patients with INTERCEPT treated coronavirus convalescent plasma (CCP).

Key Points: 
  • Cerus Corporation (Nasdaq: CERS) announced today that the University Hospital Basel transfused the first two COVID-19 patients with INTERCEPT treated coronavirus convalescent plasma (CCP).
  • Plasma collected from individuals who have recovered from coronavirus disease contains antibodies against the virus that may help fight the infection.
  • Based on WHO data, plasma collected from recovered COVID-19 patients contains antibodies that neutralize SARS-CoV-2 infectivity and may improve a patients ability to fight COVID-19.
  • Convalescent plasma has been cited as a potential therapy for viral infection dating back to the 1918 Spanish influenza A (H1N1) pandemic.

Cortexyme Presents Data Supporting Role of P. Gingivalis in Alzheimer’s Pathology at Advances in Alzheimer’s and Parkinson’s Therapies Virtual Focus Meeting 2020

Thursday, April 2, 2020 - 1:00pm

The data is being presented this week as part of the Advances in Alzheimers and Parkinsons Disease (AAT-AD/PD) Focus Meeting 2020, which was converted to a virtual meeting due to the COVID-19 pandemic and is being held April 2-5.

Key Points: 
  • The data is being presented this week as part of the Advances in Alzheimers and Parkinsons Disease (AAT-AD/PD) Focus Meeting 2020, which was converted to a virtual meeting due to the COVID-19 pandemic and is being held April 2-5.
  • Over the past several years, Cortexyme and scientists around the world have been publishing evidence on the role of P. gingivalis in Alzheimers disease.
  • P. gingivalis is best known in published literature as the keystone pathogen in the development of periodontal disease.
  • The data presented today adds to the preclinical and clinical evidence supporting our approach to this devastating disease.

Crypto.com Waives 3.5% Credit Card Fee for Crypto Purchases

Thursday, April 2, 2020 - 12:08pm

Kris Marszalek, Co-founderand CEO, said:"The global Coronavirus pandemic has affected everyone's lives and is now ravaging the economy.

Key Points: 
  • Kris Marszalek, Co-founderand CEO, said:"The global Coronavirus pandemic has affected everyone's lives and is now ravaging the economy.
  • In these tough times, businesses that are in a fortunate position to be growing have a responsibility to give back.
  • Today, we're introducing three measures which we hope will make the next three months slightly easier for our users globally."
  • Visit Blog for more details.

Tenet Provides Business and Financial Update Related to COVID-19

Thursday, April 2, 2020 - 12:47pm

Tenet Healthcare Corporation (NYSE: THC) will provide a business update today regarding impacts related to the recent outbreak of the novel coronavirus (COVID-19).

Key Points: 
  • Tenet Healthcare Corporation (NYSE: THC) will provide a business update today regarding impacts related to the recent outbreak of the novel coronavirus (COVID-19).
  • The COVID-19 global pandemic is significantly affecting Tenets employees, patients, communities and business operations.
  • Due to the rapidly evolving environment and continued uncertainty, and the likelihood that this impact will materially affect Tenets financial performance, Tenet has withdrawn its previously announced first quarter and full year financial outlook for 2020.
  • Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve.

Colleges Brace for A Fall-Out of 4-to-10% of Their Fall 2020 Freshman Enrollments; Many Dropping SAT/ACT Requirements

Thursday, April 2, 2020 - 10:00am

College Admissions professionals were asked to assess to what extent the COVID-19 pandemic has impacted their college enrollment and process.

Key Points: 
  • College Admissions professionals were asked to assess to what extent the COVID-19 pandemic has impacted their college enrollment and process.
  • The report reveals that prior to the Coronavirus Pandemic, 55% of surveyed colleges were actually looking forward to favorable recruiting results for the Fall 2020 class.
  • Within the last three weeks, 87% of surveyed Admissions Administrators are now moving forecasts from a net increase to a prediction of a decline in their freshman class enrollment.
  • 42% of respondents expect a drop ranging from 4-9% and 18% of those see the drop exceeding 10% or more.

ARMADA HOFFLER PROPERTIES COMMENTS ON COVID-19 & PROVIDES UPDATE ON FULL-YEAR 2020 GUIDANCE

Thursday, April 2, 2020 - 11:00am

VIRGINIA BEACH, Va., April 02, 2020 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (AHH: NYSE) today issued the following statement regarding the ongoing COVID-19 pandemic.

Key Points: 
  • VIRGINIA BEACH, Va., April 02, 2020 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (AHH: NYSE) today issued the following statement regarding the ongoing COVID-19 pandemic.
  • On behalf of the entire Armada Hoffler family, we wish you good health and well-being, said Louis Haddad, President and Chief Executive Officer.
  • At Armada Hoffler, our priority is the health, safety, and well-being of our team members, tenants, and residents.
  • Because of the uncertainty surrounding the impacts of the COVID-19 pandemic, the Company announced today that it has withdrawn its full-year 2020 Guidance that was previously issued on February 6, 2020.

Home and Garden Supplies Witness Unprecedented Demand as COVID-19 Isolation Triggers Creativity - ResearchAndMarkets.com

Thursday, April 2, 2020 - 10:15am

ResearchAndMarkets.com identifies Home and Garden as one of the key industries seeing increased demand due to the coronavirus pandemic.

Key Points: 
  • ResearchAndMarkets.com identifies Home and Garden as one of the key industries seeing increased demand due to the coronavirus pandemic.
  • Hardware stores are seeing unprecedented demand for tools and hardware supplies as consumers in self-isolation use the time to complete home improvement projects.
  • Due to the COVID-19 pandemic more and more people are staying at home in order to protect themselves.
  • This has created a surge in interest in DIY and gardening as consumers find new ways to improve their living space and keep themselves entertained in self-isolation.