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Boston Herald
Boston Herald
29 Jan 2025
Boston Herald Wire Services


NextImg:Ticker: FDA puts out alarming chocolate recall; Tesla’s fourth-quarter results fall short; Meta posts sharply higher Q4 profit

Federal officials have upgraded a chocolate recall to the highest risk level over fears that consuming the product could “cause serious adverse health consequences or death,” the New York Post reports.

Three products from Cal Yee Farm — Dark Chocolate Almonds, Dark Chocolate Apricots and Dark Chocolate Walnuts — have been given a Class 1 classification for containing undeclared milk, according to the FDA.

Undeclared milk in food products can lead to serious health issues for people with milk allergies, including hives, cramps, dizziness, swollen vocal cords and unconsciousness, and cause death, according to the FDA.

Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.

The electric vehicle company run by Elon Musk said Wednesday that it made $2.31 billion from October through December, less than the $7.93 billion profit it posted in the same period in 2023.

Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties, sending its shares up in after-hours trading even as it forecast increasing expenses on its artificial intelligence efforts.

The Menlo Park, California-based company earned $20.83 billion, or $8.02 per share, in the October-December quarter. That’s up 49% from $14.02 billion, or $5.33 per share, in the same period a year earlier.