CNBC makes small number of international layoffs
CNBC has made a small number of layoffs in its international operation in London. The move is the first step made by Deep Bagchee, who started in August to run CNBC International. “In a memo to staff last week, it was announced that a small number of roles have been impacted as part of a […]
CNBC hires Bloomberg’s Solomon to run Asia Pacific
CNBC has hired Justin Solomon as head of TV news for Asia Pacific. He will start in early 2025 and be based in Singapore and report to Roshan Vaswani, vice president of news and partnerships. Solomon has been at Bloomberg as the managing editor of TV for Asia in Hong Kong. Solomon has also held […]
Jittery CNBC staff reassured by new boss
In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish view of the future after the news that Comcast would spin off the network, reports Geoff Weiss and Lucia Moses of Business Insider. Weiss and Moses report, “On Wednesday, CNBC anchors shared some worries and dark humor on-air, with ‘Squawk Box’ coanchor Joe […]
CNBC president: We are unique and essential to our audience
CNBC president KC Sullivan sent out the following on Wednesday morning: Team, As you will have seen, Comcast announced that it will proceed with plans to spin off the majority of NBCU’s cable networks into a separate publicly traded company. Below is the memo that Mike Cavanagh sent earlier outlining the details of the spin […]
CNBC is part of Comcast spinoff company
Comcast is spinning off its cable networks, including CNBC, into a separate company, reports Benjamin Mullin of the New York Times. Mullin reports, “Comcast said Wednesday that the new company will be unencumbered by debt and well-positioned to scoop up other assets. Comcast announced last month that it was considering a spinoff, leading analysts to […]
CNBC’s head of events departing after 28 years
Nick Dunn, who is currently head of CNBC Events as senior vice president and managing director of NBCU News Group/CNBC, is leaving the company after a 28-year career. Dunn’s note to his colleagues: After 28 years, I’m leaving CNBC. What an epic run. For the first 23 years, the newsroom was home. From News Associate […]
How CNBC tech reporter Browne approaches his beat
Cole Garry of SBS Communications interviewed CNBC technology reporter Ryan Browne about his job. Here is an excerpt: You’re based in London, and you have a focus on European companies and news, but you’ve covered major U.S. and global stories as well. How should PR people—and the companies they work with—think about your coverage areas? My best […]
CNBC to add “Millennial Money” show on weekends
CNBC has begun a new weekend show called “Millennial Money” that originated from its personal finance Make It operation. The show is hosted by CNBC Make It reporter Ashton Jackson. “‘Millennial Money’ is a show profiling millennials in different cities at different income levels,” wrote Jackson on LinkedIn. “Chances are, you’re probably curious about how […]
WSJ hires Schwartz to cover economic policy
The Wall Street Journal Washington coverage chief Damian Paletta sent out the following on Monday: We are thrilled to announce that Brian Schwartz will be joining the bureau as our White House economic policy reporter, starting Oct. 28. Brian is a news hawk, breaking story after story during a distinguished six-year run as a political […]
How CNBC’s Faber got his start in business journalism
Investopedia editor in chief Caleb Silver spoke with David Faber, co-anchor of CNBC’s “Squawk on the Street,” about his career. Faber has broken some of the biggest mergers and acquisition deals of the past 30 years. “I was not in anyway someone with an economics background,” said Faber, who majored in English at Tufts University. […]
