Rio Tinto to Spend $395 Million on Australia Desalination Plant

Rio Tinto said it plans to invest in a seawater desalination plant in the Pilbara region of Western Australia, where it runs massive iron-ore mining operations.

 
Twitter's Top Content Moderation and Safety Executive Leaves

Ella Irwin, who declined to discuss her reason for leaving, departed on a day when Elon Musk said Twitter employees erred in how they handled a documentary.

 
Judge in Disney-DeSantis Case Recuses Himself

U.S. District Judge Mark Walker said that a relative owned 30 shares of Disney stock.

 
Meta Requires Office Workers to Return Three Days a Week

The change will take effect Sept. 5 for employees already assigned to an office, while remote workers' status won't change, the company said.

 
Diamond Sports Is Denied Discount on MLB Broadcast Rights

A bankruptcy judge won't reduce the broadcast company's fees to pro baseball's Diamondbacks, Twins, Guardians and Rangers.

 
Dollar General: No Longer Downturn-Proof

Pinched lower-income consumers are cutting back, and middle-class ones aren't trading down enough.

 
Boeing Delays Astronaut Flight After New Safety Problems Emerge

The aerospace giant postponed the first crewed mission of Starliner, a space vehicle it has been struggling to prepare for human flight for years.

 
Dell Earnings Crush Estimates, But Mixed Guidance Pressures the Stock

Dell beat expectations despite continues macro headwinds. The company hinted that it is feeling more upbeat on the outlook for the 2023 second half.

 
Auto-Safety Regulators Failed to Finish Probes in Timely Manner, Government Audit Finds

The report said NHTSA should also provide more transparency by making documents related to investigations of defects public.

 
Broadcom CEO Sees Rising AI Chip Demand. Earnings Were Strong.

Chip maker Broadcom reported better-than-expected earnings for its fiscal second quarter. The revenue outlook topped Wall Street's forecast, as well.

(END) Dow Jones Newswires

June 02, 2023 03:00 ET (07:00 GMT)

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