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☆ What broke the American Dream for Millennials
▼ + stars: | 2024-01-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +11 min

For their nine-month-old son, Miles, Rachael and Garrett agree: They’re not going to push him to pursue the same path. “This is the American Dream,” Rachael says. The nest egg mythA common refrain Millennials heard from their Boomer parents is that buying is always better than renting. Luke Sharrett/Bloomberg/Getty ImagesCentral to the pitch of the American Dream is a house. “I don’t think anyone could have foreseen house prices going up 20% or 30% in a three-year period,” Garrett says.

Persons: Pennsylvania CNN — Rachael Gambino, Garrett Mazzeo, —, Miles, Rachael, Garrett, They’re, ’ ”, ” Rachael, Kristen Gambino, Rachael Gambino, Deborah Brunswick, John General, America it’s, Brendan Duke, Baby, Millennials, gumming, Obama, ”, Louis, Boomer, Luke Sharrett, they’d, ” Garrett, they’re, homeownership, We’re, “ we’re, That’s, Duke, ” Duke, “, Camerota, Matthew Friedman Organizations: Pennsylvania CNN, “, CNN, Center for American Progress, of Education, America, Federal Reserve Bank of St, Bloomberg, Getty, Federal Reserve Bank of Philadelphia, Workers, Center, American Progress ’ Locations: Lansdale, Pennsylvania, America, United States, Attom, financials

☆ Perryton, Texas tornado: 3 people dead and dozens injured after tornado ripped through a town in the Texas Panhandle
▼ + stars: | 2023-06-16 | by ( Aya Elamroussi Dave Alsup Melissa Alonso | Aya Elamroussi | Dave Alsup | ) edition.cnn.com time to read: +4 min

CNN —At least three people were killed and dozens were hospitalized after a tornado ripped through a town in the Texas Panhandle on Thursday afternoon, nearly leveling some buildings and prompting power outages. A view of a damaged site in Perryton as the town gets struck by a tornado in Texas on Thursday in this screengrab obtained from a social media video. Greg Abbott has deployed state emergency resources to “meet urgent life-safety needs in Perryton, Texas,” according to a news release from his office. Sabrina Devers/TMX/ReutersOfficials in Beaver County, Oklahoma, sent fire, law enforcement and EMS units to help, according to the county’s emergency manager Keith Shadden. The sheriff’s office in Hutchinson County — which includes Stinnett — also sent rescue and emergency operations following the “devastating tornado,” according to a Facebook post from the office.

Persons: Paul Dutcher, CNN’s Alisyn, Kelly Judice, ” Judice, Sabrina Devers, ”, Wes Reeves, Greg Abbott, Keith Shadden, —, Judice, “, Brian Emfinger, Emfinger, ” Emfinger, Cole Underwood, there’s, Ronny Jackson Organizations: CNN, Texas Panhandle, Xcel Energy, Texas Gov, Reuters, National Weather Service, NWS Locations: Texas, Perryton, Perryton , Texas, Beaver County , Oklahoma, Stinnett , Texas, Hutchinson County, Oklahoma, Michigan

☆ CNN is axing Laura Coates' 11 p.m. anchor slot to save on costs, according to sources, and insiders are concerned about on-air representation
▼ + stars: | 2023-04-18 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +6 min

CNN is still shifting its late night lineup, and Laura Coates will no longer anchor solo at 11 p.m.Coates is said to be "stunned" and "disappointed" by losing the opportunity. On paper, Coates would seem like the ideal figure to fill the network's 11 p.m. slot, particularly as CNN already shared a press release about her appointment to the role in January. CNN and news industry insiders who commented for this story spoke on the condition of anonymity because they're not authorized to speak to the press. "They pulled her off to save money," said one person familiar with internal conversations at CNN. The network's only Black solo anchors now are Abby Phillip, who helms the high-profile "Inside Politics Sunday," and Fredricka Whitfield, who also hosts a weekend show.

☆ CNN announces revamped daytime lineup with new show format
▼ + stars: | 2023-01-11 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

New York CNN —CNN on Wednesday announced a revamped dayside programming lineup that the network said will employ a new format for shows to deliver the news to viewers. Instead, the spokesperson explained, they will be moving around and utilizing the full square footage of the network’s various studios. As a result of the programming changes, “CNN Newsroom” anchors Victor Blackwell and Alisyn Camerota will transition to new roles. CNN didn’t say specifically when the new schedule will go into effect, but the network said it will happen sometime in the coming months. The CNN chief, however, is still searching for a 9 p.m. host since anchor Chris Cuomo was fired in 2021.

☆ The tech we couldn’t live without in 2022
▼ + stars: | 2022-12-23 | by ( Cnn Staff | ) edition.cnn.com time to read: +8 min

CNN —Bone conduction headphones, TV streaming devices and Bluetooth speakers are among the tech gadgets topping holiday wish lists this year. Other notable products – ahem, the new 14 Pro and 14 Pro Max – are near impossible to find. Since my move to New York, I’ve had to find all new favorite spots for good food and drinks. – Victor Blackwell, co-anchor of CNN NewsroomHBO MaxNow that I commute home at the ungodly hour of 1 a.m., I lean heavily on my HBO Max app (starts at $9.99 a month). – Samantha Kelly, CNN senior tech writerRev.comI remember being an intern over a decade ago logging half hour long interviews for producers.

☆ CNN CEO Chris Licht details layoff plans at all-hands company meeting
▼ + stars: | 2022-11-15 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +4 min

CNN CEO Chris Licht detailed layoff plans to staff amid tough conditions for parent Warner Bros Discovery. CNN Worldwide Chairman and CEO Chris Licht attempted to assert his authority at an all-hands meeting with staff Tuesday morning about the coming layoffs and his plans for the news organization. Licht took some fire at the all-hands over his previous assertions in June that there would be no major layoffs. He told staff there will be a wider reorganization of newgathering staff. Licht also said there would be no layoffs at CNN Digital, although some newsgathering staff are part of CNN Digital.

☆ Jake Tapper heads to primetime as CNN announces slate of midterm elections programming
▼ + stars: | 2022-09-22 | by ( Oliver Darcy | ) edition.cnn.com time to read: +2 min

New York, NY CNN —Jake Tapper is moving to primetime as part of a sweeping set of programming changes CNN announced Thursday that will take effect through the midterm elections. Tapper, the network’s lead Washington anchor, will anchor the 9 p.m. hour starting October 10 and continuing until November 11. The announcement about Tapper was accompanied by a slew of other major programming changes. Alisyn Camerota, co-anchor of “CNN Newsroom” in the afternoons, and Laura Coates, senior legal analyst, will anchor from 10 p.m. to midnight through the midterm elections, CNN said. CNN said Lemon will sign off his primetime program on October 7 to prepare for the new show.

☆ Warner Bros. Discovery CEO David Zaslav faces 3 key challenges as financial headwinds disrupt his strategy and threaten his promises to Wall Street
▼ + stars: | 2022-09-22 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +12 min

MoffettNathanson analyst Robert Fishman crystallized the daunting task ahead for Zaslav and WBD in his August 5 report "Reality First. The honeymoon was short-lived," said one senior Hollywood insider. It turns out there are five, housing some 40,000 employees globally: Warner Bros., HBO Max, the Turner entertainment channel business, CNN, and Discovery. The WBD insider said there isn't a rush to hire a new chief and that the company will continue to meet people. Under the ownership of AT&T, WarnerMedia's financials were buried in its parent's spreadsheets — now as a pure-play entertainment company, Warner Bros.

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