COVID

VersaBank Reports Continued Strong Results for First Quarter 2022

Retrieved on: 
Wednesday, March 2, 2022

"The first quarter of fiscal 2022 saw continued momentum in our core Digital Banking operations, highlighted by another record loan portfolio at quarter end of $2.22 billion and strong year-over-year growth in revenue, net income and earnings per share," said David Taylor, President and Chief Executive Officer.

Key Points: 
  • "The first quarter of fiscal 2022 saw continued momentum in our core Digital Banking operations, highlighted by another record loan portfolio at quarter end of $2.22 billion and strong year-over-year growth in revenue, net income and earnings per share," said David Taylor, President and Chief Executive Officer.
  • VersaBank's cost of funds for the first quarter of 2022 was 1.29%, down 2 bps sequentially and 13 bps year-over-year.
  • For the first quarter of 2022, cybersecurity net income of $148,000 was down 14% year-over-year and down 70% sequentially.
  • The quarter-over-quarter trend was a function primarily of strong performance in the comparative quarter attributable to engagements that were deferred in early 2021, due to COVID 19, being realized in the comparative quarter and lower seasonal activity in the current quarter.

FDA authorizes On/Go One™, the most accurate, compact, and affordable rapid COVID-19 antigen test that can help transition COVID-19 from pandemic to endemic

Retrieved on: 
Wednesday, March 2, 2022

The new antigen test delivers results with 98.2% accuracy in 15 minutes and detects all major known variants, including Omicron, with just one easy-to-use test.

Key Points: 
  • The new antigen test delivers results with 98.2% accuracy in 15 minutes and detects all major known variants, including Omicron, with just one easy-to-use test.
  • On/Go One is available today on Amazon and at LetsOnGo.com for rapid delivery direct to consumers' homes.
  • For the first time, we can all act proactively to stay ahead of the virus and prevent the next outbreak.
  • The new test joins Intrivo's innovative suite of products to help Americans as they navigate their entire COVID-19 journey, from testing to care.

Building Strong: Democrats for the Illinois House Welcome Former Chicago Radio News Anchor to Lead Comms Team

Retrieved on: 
Wednesday, March 2, 2022

"We are pleased to welcome TaQuoya to the team," said Illinois House Speaker Emanuel 'Chris' Welch.

Key Points: 
  • "We are pleased to welcome TaQuoya to the team," said Illinois House Speaker Emanuel 'Chris' Welch.
  • I know our party members will appreciate her energy, her expertise, and her passion for creating connections and great results."
  • TaQuoya Michelle McConnico (former name Kennedy) is an award-winning communications and marketing professional and a proud United States Air Force Veteran.
  • She was also named one of Chicago's Top Professionals Under the Age of 40 to watch by the Chicago Defender.

Electrification, Electric Vehicles, Energy Equity, and Renewables Top 2022 Emerging Energy Industry Predictions

Retrieved on: 
Tuesday, March 1, 2022

PETALUMA, Calif., March 1, 2022 /PRNewswire/ -- A seismic shift is occurring in the energy industry, due in part to climate change, the COVID-19 pandemic, and the actions of a new U.S. Administration. Emerging as the top predictions for 2022 and beyond by senior leaders and customers of energyOrbit, the market-leading solution for cloud energy efficiency and Demand-Side Management (DSM) operations, are the adoption of electrification and electric vehicles, energy equity, and renewable and clean energy solutions. 

Key Points: 
  • Emerging as the top predictions for 2022 and beyond by senior leaders and customers of energyOrbit, the market-leading solution for cloud energy efficiency and Demand-Side Management (DSM) operations, are the adoption of electrification and electric vehicles, energy equity, and renewable and clean energy solutions.
  • The energyOrbit team believes all deserve access to clean energy and energy efficiency.
  • This means that later in 2022, there may be a proliferation of low-income EE programs and enhanced existing programs; adhering to energy equity principles.
  • A shift to demand response (DR) - especially auto-generated DR - will change the way value is calculated for energy efficiency.

To Honor International Women's Day, author Lynn W. Murphy Releases Inspirational Book With Key Messages from 50 Successful Women From Across the Globe

Retrieved on: 
Tuesday, March 1, 2022

Women face significant discrimination of many types in the workplace (pay gaps, sexual harassment, racism, fewer promotions, etc.).

Key Points: 
  • Women face significant discrimination of many types in the workplace (pay gaps, sexual harassment, racism, fewer promotions, etc.).
  • And women business owners have been hit harder from the COVID pandemic ( https://tinyurl.com/yc2brcrm ).
  • In honor of International Women's Day, author Lynn W. Murphy will celebrate the release of her book "Women Who Push the Limits Presents: 50 Life Lessons from Inspiring Women."
  • In addition to her work with Women Who Push the Limits, Murphy is the President of Key Innovative Business Solutions.

72% of businesses lack clear hybrid work strategy according to the 2022 Future of Work Study

Retrieved on: 
Tuesday, March 1, 2022

DALLAS and MELBOURNE, Australia, March 1, 2022 /PRNewswire/ -- AT&T* and Dubber Corporation Limited (ASX: DUB) (Dubber) today announced the results of primary market research gauging executive and employee attitudes to COVID-driven hybrid working.

Key Points: 
  • The research shows hybrid work - a mixture of onsite and remote work - will become the standard operating model across industries by 2024.
  • Lack of workplace innovation, insufficient oversight, and cultural shifts were identified as three barriers to successful hybrid work, but participants believed they were not insurmountable.
  • The top challenges to effective hybrid work identified by CXOs include: maintaining employee oversight, losing institutional/tribal knowledge, and sustaining company culture - all traditionally highly associated with in-person work.
  • Hybrid work to advance diversity: 91% believe a hybrid work model will improve workforce diversity.

72% of businesses lack clear hybrid work strategy according to the 2022 Future of Work Study

Retrieved on: 
Tuesday, March 1, 2022

The research shows hybrid work - a mixture of onsite and remote work - will become the standard operating model across industries by 2024.

Key Points: 
  • The research shows hybrid work - a mixture of onsite and remote work - will become the standard operating model across industries by 2024.
  • Lack of workplace innovation, insufficient oversight, and cultural shifts were identified as three barriers to successful hybrid work, but participants believed they were not insurmountable.
  • The top challenges to effective hybrid work identified by CXOs include: maintaining employee oversight, losing institutional/tribal knowledge, and sustaining company culture - all traditionally highly associated with in-person work.
  • Hybrid work to advance diversity:91% believe a hybrid work model will improve workforce diversity.

Samsung, Vitalchat and EQUUM Medical form telehealth partnership for rural hospitals

Retrieved on: 
Tuesday, March 1, 2022

To answer this challenge, two telehealth companies Vitalchat and EQUUM Medical and consumer electronics giant Samsung have joined forces on a project called Access4Health.

Key Points: 
  • To answer this challenge, two telehealth companies Vitalchat and EQUUM Medical and consumer electronics giant Samsung have joined forces on a project called Access4Health.
  • Technology: Vitalchat delivers feature-rich telehealth securely through its lower-cost software, connecting caregivers, patients and families using existing workflows.
  • In the design process of this collaboration, executives of Equum Medical and VitalChat turned to Samsung because of its experience in linking innovation to funding in telehealth.
  • For over 10 years, EQUUM Medical has provided board-certified critical care physicians delivering acute care telehealth to address the challenges hospitals and health systems face when trying to fill gaps in coverage.

MAJOR APPLIANCE BLUES: AMERICAN HOMEOWNERS HAVE SPENT $68.1 BILLION REPAIRING OR REPLACING BROKEN HOUSEHOLD APPLIANCES

Retrieved on: 
Tuesday, March 1, 2022

It found:

Key Points: 
  • It found:
    Move Over Online Shopping: Nearly half of American homeowners (43%) bought an appliance in the past year.
  • Of the 42% of homeowners who had an appliance malfunction during COVID, 74% were comfortable scheduling in-home repairs.
  • If It's Broke, Fix It: When appliances broke, American homeowners' most common course of action was replacing the appliance (56%), up from 46% before the pandemic.
  • That'll Cost You:Just over half (55%) of homeowners spent money repairing or replacing broken appliances, costing an average of $713 each.

U.S. Agricultural University Students' Mental Well-being and Resilience During the First Wave of COVID-19

Retrieved on: 
Tuesday, March 1, 2022

Over 40% of agricultural undergraduate students were likely to be suffering from moderate to severe depression after the first wave of the COVID-19 pandemic.

Key Points: 
  • Over 40% of agricultural undergraduate students were likely to be suffering from moderate to severe depression after the first wave of the COVID-19 pandemic.
  • Ehmke says, "The study found there was a significant difference in agricultural students' mental health across genders in the first wave of the COVID-19 pandemic.
  • Women were much more likely, in general, to be at risk of depression and had lower life satisfaction than male students.
  • Yet, there are personal and environmental factors that helped to dampen the mental health adversity and increase the likelihood of students' resilience during the first wave.