CBS News president steps down, replaced by veteran producer

Acting CBS chief Joseph Ianniello says Rhodes had decided to move on after eight years with the news division. (Shutterstock)
Updated 07 January 2019
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CBS News president steps down, replaced by veteran producer

  • CBS has seen its morning news anchor, Charlie Rose, and “60 Minutes” executive producer Jeff Fager both lose their jobs following misconduct issues in the past years
  • Acting CBS chief Joseph Ianniello says Rhodes had decided to move on after eight years with the news division

NEW YORK: CBS says its news division president, David Rhodes, is stepping down following a troubled year that saw morning anchor Charlie Rose and the top executive at “60 Minutes” lose their jobs following misconduct reports and ratings issues at its top shows.
Veteran news producer Susan Zirinsky, who started work at CBS in the Washington bureau as a 20-year-old in the early 1970s and is currently the executive producer at “48 Hours,” will take over as news president.
“It’s a very humbling and daunting role,” said Zirinsky, 66, in an interview Sunday. “When you’ve been working someplace for 40 years, it’s a moment.”
Rhodes will stay on his job until March 1 and continue to work as an adviser to CBS News, said interim CBS Corp. leader Joseph Ianniello.
In a memo to his staff, Rhodes said Sunday that “the new year is a time for renewal, for new goals. The world we cover is changing, how we cover it is changing — and it’s the right time for me to make a change too.”
Rhodes came to CBS News from Fox News Channel and, together with former CBS News Chairman Jeff Fager, saw success in emphasizing a newsier approach than its rivals. The launch of “CBS This Morning” with Rose, Gayle King and Norah O’Donnell was a particular success.
But last fall, Rose was abruptly fired following reports of improper behavior involving female staffers at CBS News. The show’s ratings have taken a tumble since then, and that show’s executive producer recently exited.
Rhodes last fall also had to oust his former partner, Fager, who had returned to his original job as executive producer of “60 Minutes.” Fager had sent a message regarded as threatening to a CBS reporter who was working on a story about alleged bad behavior at the show and by Fager.
“It was a cultural shift in the country and CBS had a piece of it, no doubt about it,” Zirinsky said. “But we’ve taken it head-on.”
Rhodes’ decision to appoint Jeff Glor as anchor of the “CBS Evening News” has not succeeded in the ratings.
Besides finding a new leader at “CBS This Morning,” Zirinsky will be charged with appointing a new executive producer at “60 Minutes,” television’s most popular and influential news program. Bill Owens has been the interim leader and he was considered a top candidate for the job, along with Zirinsky.
Rhodes’ decision to appoint Jeff Glor as anchor of the “CBS Evening News” has not succeeded in the ratings.
The CBS Network itself has faced tumult with the ouster of its Les Moonves late last year due to sexual misconduct allegations against him.


Asharq Business with Bloomberg, Nasdaq to bring real-time US equities data to MENA

Updated 13 January 2026
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Asharq Business with Bloomberg, Nasdaq to bring real-time US equities data to MENA

  • Nasdaq to deliver exclusive real-time US equities market data
  • Real-time updates fully integrated into Asharq Business’ data infrastructure and available across all platforms

RIYADH: Asharq Business with Bloomberg, the region’s leading business and financial news multi-platform channel, announced Tuesday a strategic three-year collaboration with Nasdaq, to deliver exclusive real-time US equities market data and updates to investors and decision-makers across the Middle East. 

Through access to Nasdaq’s official data product, Nasdaq Last Sale (NLS), Asharq Business with Bloomberg will receive real-time last-sale trade updates and calculated insights across major US exchanges directly from the Nasdaq Market Center. The collaboration strengthens market transparency, enhances data-driven storytelling, and provides audiences and partners with deeper insight into global financial activity. 

With a rapidly growing investor base in the region — and with Nasdaq serving as a primary destination for many Arab and regional investors — Asharq Business with Bloomberg reinforces its mission to deliver timely, accurate, and exclusive financial updates by integrating NLS data into its digital platforms, live markets coverage, and broader data ecosystem. 

Leveraging its partnership with Bloomberg Media — which grants access to reporting from over 2,700 journalists and analysts worldwide — Asharq Business with Bloomberg continues to build on its reputation as the region’s most trusted and credible multi-platform business news source. The collaboration with Nasdaq underscores its commitment to providing reliable, data-backed content across social, digital, and streaming platforms, available for audiences anytime and anywhere. 

Dr Nabeel Al Khatib, General Manager of Asharq News Network, commented: “It has been five years since the inception of Asharq Business with Bloomberg, and our audience has always been at the center of everything we do. We invest time and effort to understand what matters to them, ensuring we deliver data and stories that genuinely support informed decision-making. With growing regional interest in global markets, our collaboration with Nasdaq marks a strategic step toward offering a clearer, more comprehensive view of international financial activity. Through Nasdaq Last Sale, we aim to further empower our audience with transparent, real-time insights, strengthening their ability to navigate an increasingly interconnected global investment landscape.” 

The Nasdaq leadership team added: “We are pleased to collaborate with Asharq Business with Bloomberg to broaden access to high-quality US market data in the Middle East. Through Nasdaq Last Sale, we aim to enhance transparency, support informed decision-making, and contribute to a more connected global investor community.”