CNN Will Close Financial News Channel
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CNN announced yesterday that it would shut down its CNNfn cable channel next month, abandoning its nine-year-old effort to create a financial news competitor to CNBC.
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Worried that CNN would be "unfairly tarnished" over remarks he made about journalists killed by the U.S. military in Iraq, one of CNN's most visible executives chose to quit.
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NEW YORK - Veteran financial journalist Louis Rukeyser, who has been off television for a year due to cancer, has asked CNBC to pull the plug on his long-running Friday night business news show. CNBC said that "Louis Rukeyser's Wall Street," which has been airing with Consuelo Mack as substitute host, will cease production by the end of the year...
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CNN plans to go beyond reporting the news by directing its viewers to charity and relief efforts involved in some of their stories.
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CNN chief news executive Eason Jordan quit Friday amid a furor over remarks he made in Switzerland last month about journalists killed by the U.S. military in Iraq. Jordan said he was quitting to avoid CNN being "unfairly tarnished" by the controversy.
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CNNfn, the financial news cable network owned by Time Warner Inc., on Thursday said it will cease business operations by mid-December due to the growing competitive challenges.
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Dennis FitzSimons will step down as soon as the $8.2 billion buyout of the media conglomerate closes and will leave the company at the end of the year, the company said.
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Top U.S. business news cable network  CNBC said it plans to relaunch on Monday its Web site with a  focus on adding more video and investors tools.
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A news site that has allowed its users to write and submit their own articles is shutting down, citing unspecified "business issues."
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Top U.S. business news cable network CNBC said it plans to relaunch on Monday its Web site with a focus on adding more video and investors tools.
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Democrats call Fox the FAUX news channel. Republicans used to refer to CNN as Clinton network news.
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NEW YORK  - CNN Headline News said   Monday it will eliminate its 4-6 p.m. ET newscast in order to   bolster its editorial resources elsewhere. Co-anchors Thomas   Roberts and Kathleen Kennedy will remain at the cable news   channel in as-yet-unspecified roles.
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Prudential Financial Inc.  said  on Wednesday that it will shut down its stock research and  trading business, in the insurer&#39;s latest pullback from a rocky  26-year stay on Wall Street.
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CNNfn, the financial news cable  network owned by Time Warner Inc. TWX.N, on Thursday said it  will cease business operations by mid-December due to the  growing competitive challenges.
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Time Warner&#39;s CNNfn waved the white flag yesterday, saying it was shutting down after nine years of unsuccessfully competing with CNBC for the top business cable station.
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CNBC has announced the cancellation of John McEnroe's talk show, another disappointment for a channel struggling to find a prime-time audience.
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Tucker Carlson and CNN parted ways Wednesday, clearing the way for Carlson to host a primetime show on MSNBC. It also might spell the end of "Crossfire" as a stand-alone show on CNN.