Asia Stocks Consolidate Recent Gains; China Shines - The Fiscal Times

A new bill would prevent Clear customers from jumping to the front of the queue at security checkpoints. But Delta, United, and other carriers aren’t on board. California could become the first state to transform backlash to services offering front-of-queue privileges into a law that targets TSA line-jumpers.

Enlarge / Cows being milked (credit: Getty | Edwin Remsberg) The Food and Drug Administration on Tuesday announced that genetic fragments from the highly-pathogenic avian influenza virus H5N1 have been detected in the pasteurized, commercial milk supply. However, the testing completed so far—using quantitative polymerase chain reaction (qPCR)—only detects the presence of viral genetic material and cannot tell whether the genetic material is from live and infectious viral particles or merely remnants of dead ones killed by the pasteurization process. Testing is now ongoing to see if viable, infectious H5N1 can be identified in milk samples. So far, the FDA still believes that the milk supply is safe.

Buried in the earnings release, Tesla did something it doesn’t typically do: It gave investors some firm dates on near-term plans. There’s very little good news in Tesla’s Q1 earnings. Earnings per share and revenues both missed analyst expectations. Vehicle deliveries were at their lowest level since the third quarter of 2022.

Employees and suppliers were left blindsided after the Chicago-based grocery startups, which recently merged, abruptly shut down and laid off workers. Foxtrot and Dom’s Kitchen & Market, two popular Chicago-based grocery startups, abruptly ceased operations on Tuesday. The news comes five months after the two businesses announced they were merging into one entity, Outfox Hospitality.

The Traffic Coordination System for Space is designed to rely on minimal government infrastructure and will run on the AWS cloud. Government IT projects are known for being challenging, and one of the biggest currently underway is the U. S. effort to forge a civil space traffic coordination platform.

By TOM KRISHER and DAVID HAMILTON (AP Business Writers) Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. The Austin, Texas, company said it made $1.13 billion from January through March compared with $2.51 billion in the same period a year ago. Investors and analysts were looking for some sign that Tesla will take steps to stem its stock’s slide this year and grow sales.