Disney reported a mixed performance in its latest quarterly results.
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Adoption of China's Digital Yuan Expands Ahead of Beijing Olympics
The People's Bank of China (PBOC) announced on Tuesday that 261 million individuals, or about a fifth of the country's population, have now set up digital yuan wallets.

Dutch-X Switches to E-Bikes From Cargo Vans as Last-Mile Delivery Surges
Courier service Dutch-X is transitioning its fleet of cargo vans to more e-bikes for New York City deliveries as last-mile deliveries in packed urban centers continue to surge. Cheddar's Michelle Castillo has more.

Amazon Plans a Clothing Store for a Southern California Mall
Amazon says it plans to open a clothing store in a Southern California mall later this year, a first for the online behemoth and a fresh challenge for already struggling traditional retailers.

U.S. Jobless Claims Rise to 286,000, Highest Since October
The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant disrupted the job market.

Stock Losses Mount as Investors Eye Earnings, Inflation
Stocks ended sharply lower on Wall Street Thursday, and the benchmark S&P 500 closed at a three-month low as corporate earnings and inflation continued to hold investors’ attention.

Starbucks Nixes Vaccine Mandate After Supreme Court Ruling
Starbucks is no longer requiring its U.S. workers to be vaccinated against COVID-19, reversing a policy it announced earlier this month.

Train Derails Near LA Site of Recent Wave of Cargo Thefts
Crews are making railroad repair in Los Angeles after a train derailed near the location where thieves have been raiding cargo containers, leaving the tracks littered with empted boxes of packaged goods sent by retailers.

Stocks Extend 2022 Losses as Investors Brace for Rate Hikes
Stocks continued to fall on Wall Street Wednesday as investors review the latest corporate earnings and prepare for higher interest rates.

Rome Villa With Caravaggio Fails to Sell, to Be Reauctioned
A Rome villa containing the only known ceiling painted by Caravaggio is going back on a court-ordered auction block after no apparent winning bids were entered.



