Biopharmaceutical company Bristol-Myers Squibb Co. (BMY) reported a loss in the first quarter, compared to profit last year. The company cut its GAAP earnings per share and revenue outlook for fiscal year 2020. But it reaffirmed annual adjusted profit guidance.

While reporting financial results for the first quarter on Thursday, technology company Insight Enterprises, Inc. (NSIT) said it is withdrawing its 2020 financial guidance for net sales and adjusted earnings per share due to the high level of economic uncertainty and disruption caused by COVID-19.

Hain Celestial Group, Inc. (HAIN), an organic and natural products company, on Thursday reported net income from continuing operations for the third quarter of $25.04 million or $0.24 per share, up sharply from $8.78 million or $0.08 per share in the prior-year period.

While reporting financial results for the first quarter on Thursday, Atlas Air Worldwide Holdings, Inc. (AAWW) is providing an outlook for the second quarter of 2020, but its full-year 2020 guidance provided on February 20 of this year no longer applies, and we will provide updates as the year progresses.

Laureate Education, Inc. (LAUR) on Thursday reported that its net income for the first quarter was $98.3 million or $0.47 per share, down sharply from $194.3 million or $0.85 per share in the year-ago period.

The Bureau of Meteorology says almost 30 millimetres has fallen at Bourke in the state's upper-west but the widespread, heavy rain needed to end the drought is unlikely in the near future.

For the first time, the long-term outlook for the Great Barrier Reef is downgraded to "very poor", with the impacts of climate change, including coral bleaching and record-breaking warm water, deteriorating its overall health.

The country's top emergency officials today warned of the dangers of the impending bushfire season, but despite all the uniforms, the stern tone and sincerity of the warnings, many of us won't take action.

The results of this year's public service survey show only a third of Home Affairs staff think it is a good place to work.

Fewer cyclones are forecast but the Bureau of Meteorology warns a "pretty dangerous cocktail" is brewing for the remainder of Queensland's fire season.

(Bloomberg) -- Millions of virus-idled American workers are now at home with little more than hand-wringing anxiety about where their next paycheck will come from. They are Jerome Powell’s biggest worry, and how to ease their plight with monetary policy is the Federal Reserve chairman’s largest challenge.The Fed will probably debate using instruments including stronger forward guidance or asset purchases when officials meet next month, which would add more muscle to interest rates that have already been slashed to zero.But those tools require officials to have a forecast they trust of where the economy is heading. The lack of clarity could be a reason to dial down expectations that they would take such steps in June, because officials will struggle to form an outlook as the nation slowly reopens.Policy makers have already described the difficulties that forecasters face.Vice Chairman Richard Clarida warned of “enormous uncertainty” in a CNBC interview and said “we have to be appropriately humble as we’re navigating this period.” San Francisco Fed President Mary Daly told Bloomberg Television that forecasting “has become very tough” now because it depends on the course of the virus. Philadelphia’s Patrick Harker described scenarios, including one with a second infection wave and “a painful economic contraction of GDP in 2021 as shutdowns are reintroduced.”Even so, Powell has said that the Fed will do what it can to curb the human tragedy of the virus’s economic harm.He helped nurture the longest U.S. expansion on record, a period of growth that was just starting to reach the most marginalized workers, from people with criminal records to those with little schooling.The Fed chief spent the last year on a listening tour to hear from ordinary Americans and discuss obstacles to even bigger gains.‘Absolute Limit’He’s now pledged to use Fed powers to the “absolute limit” to prevent the contraction from leaving deep scars on the economy’s long-term ability to grow -- through bankruptcies of small businesses or deterioration in worker skills. And he is boldly urging Congress to do more.“It is about not just winning the war against a depression, but it’s about securing the peace, winning the peace. We failed in 2008-09 to secure the peace,” Mohamed El-Erian, a Bloomberg columnist and chief economic adviser to Allianz SE, told Bloomberg Television Friday “We won the war against a threat of depression then, but we did not secure a peace of higher growth, more inclusive growth and sustainability.”In an April 29 press conference, Powell was asked if he’s troubled by the prospect that the downturn does the most harm to Americans who have only just managed to get a foothold in the labor market. “That’s exactly what I worry about,” he said.Record UnemploymentU.S. government data on Friday shows the nation headed in that direction. Employers cut 20.5 million jobs in April and the unemployment rate more than tripled to 14.7%, the harshest labor market downturn in the history of the data series. All the indications point to a brutal recession. The central bank wants to make sure it is as short as possible.Fed officials next month are due to refresh their quarterly Summary of Economic Projections, where all 17 anonymously write down a forecast for their policy interest rate, GDP, inflation and unemployment. They skipped the process in March due to a rapidly changing outlook.With so many puzzles yet to be resolved, they may diminish its importance or skip it again at their June 9-10 meeting.Officials have already assured investors that interest rates will be held near zero until they are confident the economy is back on track to achieve their twin goals for full employment and 2% inflation.Zero RatesTraders have priced in zero rates for the rest of the year, and possibly even negative interest rates in 2021, an idea that Powell has dismissed in the past and which other officials played down last week as a prospect in the U.S.With rates already at zero, “the second tool,” said Daly, “has been forward guidance,” and then balance sheet policies. Still, there is a sense at the Fed that monetary policy will have to be complimented with further creative fiscal policy to help push demand higher.Fed officials have worked with the U.S. Treasury and Congress to provide bridge credit to everything from Main Street businesses to the largest corporations.“Will there be a need to do more though?” Powell asked at his April 29 press conference. “I would say that it may well be the case that the economy will need more support from all of us if the recovery is to be a robust one.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

When your email is suddenly accessed from a new location, it could mean someone other than you is trying to log in. Email providers like Outlook.com watch for this.

How Do I Keep Outlook.com From Locking Me Out When I Travel? from Ask Leo!.
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Filters are incredibly power and overlooked ways of managing your email. I'll review setting up filters for common tasks like keeping certain senders out of spam, as well as sending others directly there.

Filters in Gmail and Outlook.com – Ask Leo! Live from Ask Leo!.
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Dodgers utility man Kiké Hernández is eager to play because he'll be a free agent this winter, but he's having fun staying busy with his wife, Mariana.

Charlie Plowman, who started the La Cañada Outlook in 1998, will acquire the three community news titles.

Though Pedro Almodóvar's 'Pain and Glory' is semi-autobiographical, its themes of reconciliation and forgiveness are universal, says Antonio Banderas.

Invitation Only Research Event

Invitation Only Research Event

Event participants

Dr Murat Ucer, Turkey Country Analyst, GlobalSource Partners 
Chair: Fadi Hakura, Manager, Turkey Project, Europe Programme, Chatham House

8 January 2020 , Volume 96, Number 1

Invitation Only Research Event

Event participants

Dr Murat Ucer, Turkey Country Analyst, GlobalSource Partners 
Chair: Fadi Hakura, Manager, Turkey Project, Europe Programme, Chatham House

Corporate Members Event Webinar Partners and Major Corporates

Event participants

Dr Yu Jie, Senior Research Fellow on China, Asia-Pacific Programme, Chatham House
James Kynge, Global China Editor, Financial Times; Editor, Tech Scroll Asia
Chair: Dr Robin Niblett, Director and Chief Executive, Chatham House

Invitation Only Research Event

Invitation Only Research Event

8 January 2020 , Volume 96, Number 1

Invitation Only Research Event

Invitation Only Research Event

Corporate Members Event Webinar Partners and Major Corporates

Event participants

Dr Yu Jie, Senior Research Fellow on China, Asia-Pacific Programme, Chatham House
James Kynge, Global China Editor, Financial Times; Editor, Tech Scroll Asia
Chair: Dr Robin Niblett, Director and Chief Executive, Chatham House

Invitation Only Research Event

Invitation Only Research Event

Event participants

Abebe Aemro Selassie, Director, African Department, International Monetary Fund
Chair: Elizabeth Donnelly, Deputy Head and Research Fellow, Africa Programme, Chatham House

Invitation Only Research Event

Invitation Only Research Event

Invitation Only Research Event

Event participants

Dr Murat Ucer, Turkey Country Analyst, GlobalSource Partners 
Chair: Fadi Hakura, Manager, Turkey Project, Europe Programme, Chatham House

The project aims to broaden and deepen understanding of the geostrategic realities in, and outlook for, the Indo-Pacific region.