Originally Posted by cherokeesam
Yeah, SHIELD probably has it in their possession; and no, it isn't likely to have powers any more, now that it's separated from the Tesseract.
Wasn't staff separated from Tesseract in the beginning of the Avengers? Yet it was able to work with the Cube and teleport Loki from the other end of the universe. Or it was just the Tesseract locating random demigod in random period of time and teleporting him in front of the Cube? I won't agrue with Feige though, but untold things can be turned whatever way they needed.