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The Gazette in Medina, Ohio

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Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Apr 30, 2024

Page

7

Stocks rise to start a week of earnings reports

U S stock indices climbed as results from Amazon Apple and others loom this week with about a third of the S P 500 due to report first quarter earnings. Dominos Pizza rose while SoFi fell on lighter guidance and inflation fears linger.

New York U.S Amazon Apple Alphabet Microsoft Domino's Pizza SoFi Technologies Financial Services

Tesla gains after China hints at driving software approval

Tesla shares surge over 15 percent after reports that Beijing tentatively approved its Full Self-Driving software for release in China. The move follows Elon Musk meetings with officials during the Beijing auto show amid ongoing Auto Pilot recall scrutiny and production challenges.

New York Tesla Elon Musk Beijing Musk Wall Street Journal U.S Auto Safety Agency Littleton Colorado

Senate, House Strike 105 Billion Air Travel Safety Bill

Negotiators reach a five year FAA safety bill worth 105 billion dollars to add air traffic controllers and new collision avoidance tech. It bars extra charges for families sitting together and triples fines for consumer-law violators while leaving some Biden protections out. The measure includes a five flight per day cap at Reagan National and extends FAA power while facing extension deadlines and potential unrelated add ons. Delta CEO Ed Bastian supported the five daily flights compromise.

Congressional House Senate Federal Aviation Administration Biden FAA Boeing Congress Maria Cantwell D-Wash Senate Commerce Committee Reagan Washington National Airport Potomac River Washington, D.C Delta Air Lines Delta Ed Bastian

FDA targets more accurate lab tests with phased oversight

The FDA finalizes rules to bring new high risk and some ongoing lab tests under federal oversight within 3.5 years for high risk tests and four years for lower risk tests. Existing tests remain grandfathered while all labs must register and report problems.

FDA Washington Food and Drug Administration Robert Califf Califf Jeff Shuren

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