Year: 2020

Rio Tinto said its chief executive would step down as it battles to contain the fallout from the destruction of two ancient rock shelters in northwestern Australia’s minerals-rich Pilbara region that were culturally significant to a local indigenous group.

EBay founder Pierre Omidyar stepped down from the company’s board as part of a broader overhaul that also has Elliott Management partner Jesse Cohn leaving the board.

The company’s quarterly sales rose 2% as the business software company navigates changing customer spending habits.

Google and Twitter said they are taking additional steps to tamp down misinformation about the U.S. election, as tech platforms scramble to address an expected flood of false claims and misleading posts.

LVMH expanded its rationale for pulling out of its biggest acquisition ever, saying the deal to buy Tiffany was no longer valid because the company had been mismanaged during the pandemic.