Details on Burnett's CNN job

CNN confirmed Friday that is has hired CNBC anchor Erin Burnett, who will have her own show on the network. The New York Times broke the story earlier this week.

Tami Luhby of CNNMoney.com reports that she will be an anchor and chief business and economics correspondent.

Luhby writes, “Burnett will anchor a weekday general news program, as well as contribute to CNN’s coverage of national and international breaking news, out of the cable network’s New York headquarters. She starts in June.

“‘Erin is the kind of all-star player that knows how to connect-the-dots and translate events into relevant information for viewers,’ CNN Worldwide President Jim Walton said in a statement.

“At CNBC, Burnett anchored the weekday programs ‘Squawk on the Street’ and ‘Street Signs.’ She covered global business news, reporting from China, the Democratic Republic of the Congo and the Middle East.

“‘I cannot wait to launch our new show: Tackling serious issues and telling great stories,’ said Burnett. ‘The experience I gained at CNBC and NBC News will be invaluable as I expand my focus. I began my journalism career at CNN, so this is like coming home for me.'”

Read more here. Brian Stelter of the Times also has additional coverage here.