Albanese Steps Down as $14 Billion Writedown Looms

Rio Tinto Group, the world’s second- biggest mining company, said Chief Executive Officer Tom Albanese will step down as the company prepares to slash the value of acquisitions he oversaw by about $14 billion.
How Did Pepsi Beat Third-Quarter Profit Estimates?
34:04 - David Henkes, vice president at Tehnomic, examines third-quarter results from PepsiCo and the work of Chief Executive Officer Indra Nooyi. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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