Chris Licht has been selected to be the CNN president following the resignation of the network’s former President Jeff Zucker, CNN’s Brian Stelter confirmed Saturday.
WarnerMedia, the corporation that owns CNN, is planning to partner with Discovery CEO David Zaslav to run the newly formed Warner Bros. Discovery by April, CNN reported. Zaslav has been deliberating candidates to replace Zucker once the two companies merge.
The network is expected to make the announcement of Licht’s promotion next week, according to Puck News, which first reported Licht’s new upcoming position.
The Commerce department compiles a personal-consumption-expenditures index measure of core inflation which excludes food and energy costs. The index rose 5.3% in January, which is the highest 12-month increase since April of 1983.
Overall consumer inflation rose 6.1% from the year prior, which is the fastest pace of inflation since 1982. This data reflects numbers before the Ukraine crisis pushed oil prices even higher.
Russia-Linked Hackers Claim to Hit US Fast Food Chain
Per Newsmax: The Russian-linked hacker gang known as Snatch claimed Friday that it had stolen 500 gigabytes of information from McDonald’s Corp. and was holding it for ransom, the Daily Mail reported.
The gang reportedly posted its activities and ransom demands on the ”dark web,” claiming it had breached the Chicago-based company, taking 500 gigabytes of information, according to the report. It did not disclose the amount of the ransom.