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S&P 500 hits closing record as Trump demands lower rates
The benchmark S&P 500 rose to a record closing high on Thursday, as investors assessed a mixed bag of corporate earnings and digested comments from President Donald Trump, including a call for cuts in ...
CNN is cutting hundreds of TV jobs in a digital pivot. Read the memo CEO Mark Thompson sent to staff.
CEO Mark Thompson told staff the moves aimed to better serve audiences and "secure CNN's future as one of the world's greatest news organizations." ...
CNN’s ratings have tanked, but it’s pressing forward with a standalone streaming service anyway
Here comes another streaming service. CNN wants to get in on the act, with its CEO predicting there's "immense demand" for what the news network has to offer. Will you pay up?
US News Giant CNN Eyes 200 Job Cuts, Streaming Overhaul
US news network CNN will shed six percent of staff, some 200 people, the outlet said Thursday as it embarks on a major shakeup of staffing and programing amid a deluge of political news.
CNN Cuts Jobs, Prepares New Streaming Rollout
CNN is laying off roughly 200 employees, or about 6% of its workforce, as part of the cable network’s shift toward digital ...
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CNN Shakes Up Daily Lineup and Moves Fan-Favorite Anchors
As more and more viewers shift from watching the news on linear TV to streaming media, CNN is shaking up its schedule once again. On Thursday, Jan. 23, the Warner Bros. Discovery-backed network ...
Comcast’s sports and news streaming bundle starts at $70 monthly
A week after DirecTV launched its first sports-only streaming package, Comcast unveiled a similar offering that adds news to the mix. The Xfinity Sports & News TV package combines over 50 broadcast, ...
Mark Thompson Says New CNN Streaming Service Is in the Works as Channel Sets Major Restructuring
About 6 percent of jobs, or about 200 people will be cut but the company is actively recruiting for hundreds of new roles, ...
CNN Job Cuts Are A Painful Reminder Of Where TV News Is Heading
After months of speculation, CNN cut 6% of its TV news staff, while continuing to add talent focused on digital products. Expect more shifts like this for TV news.
CNN hit with significant layoffs as network sets a plan for a digital future
CNN is cutting 6% of its workforce as the news organization tries to reinvent itself for TV’s digital future. Facing an exodus of viewers and a systemic decline in pay TV subscriptions, the Warner ...
Norah O'Donnell signs off, Hoda Kotb's out: 'God-like days' are over for big name anchors
Hoda Kotb signed off and Norah O'Donnell is following her lead. But experts say the TV news business continues to "ebb and flow" amid talent shifts.
Jake Tapper, Wolf Blitzer, Audie Cornish Get New Time Slots as CNN Shakes Up TV Lineup
The new lineup was unveiled just hours after CNN CEO Mark Thompson outlined job cuts and a digital-first strategy for the venerable cable news channel.