The huge container ship that blocked the Suez Canal for nearly a week earlier this year finally reached the port of Rotterdam in the Netherlands on Thursday to begin unloading its cargo.
As dawn broke over the sprawling port, the Ever Given eased into the Amazonehaven container terminal months later than originally planned.
The Panama-flagged vessel was heading for Rotterdam when it plowed into the sandy bank of a single-lane stretch of the canal about 6 kilometers (3.7 miles) north of the southern entrance, near the city of Suez on March 23.
A massive salvage effort freed the skyscraper-sized vessel six days later, allowing a traffic jam of hundreds of waiting ships to pass through the canal.
Earlier this month, the Ever Given left the canal’s Great Bitter Lake, where it had been held for over three months amid a financial dispute. It was freed to continue its voyage after the ship's Japanese owner, Shoei Kisen Kaisha Ltd., reached a compensation settlement with canal authorities following weeks of negotiations and a court standoff.
The Dutch port said the vessel is expected to remain in Rotterdam until Aug. 5, when it will head for the English port of Felixstowe.
Food service workers in Las Vegas are set to take to the Strip Thursday as they demand higher pay and better benefits.
GM President Mark Reuss joined Cheddar News to discuss the company's new Cadillac Escalade electric vehicle and talked about how to make affordable EVs for the general public. "That's who we are as a company -- we will offer vehicles for everybody and every different income level," he said.
Lauren Fix, automotive expert with 'The Car Coach,' spoke with Cheddar News to provide tips and advantages on buying a used vehicle. "You let somebody else take the depreciation, which is probably one of the best things ... you then move in at a two- or three-year-old vehicle that maybe was leased, and you can get some great values," she said.
Disney said it's increasing prices for its ad-free streaming services as the company is losing subscribers and also announced it planned to crack down on password-sharing. Cheddar News' Michelle Castillo broke down Disney's moves.
Lawrence Sprung, a certified financial planner and author of 'Financial Planning Made Personal' shares advice about how to teach kids to use credit wisely.
Disney is cracking down on password sharing for Disney+ users.
Tapestry, the parent company of luxury handbag Coach and Kate Spade, agreed to buy Capri Holdings, the owner of fashion brands including Michael Kors, Versace and Jimmy Choo.
Disney reported a mixed performance in its latest quarterly results.
Inflation in the United States edged up in July after 12 straight months of declines.
Stocks jumped early Thursday to rebound from two days of losses and after key inflation data.
