CBS News races to steady ‘60 Minutes’ after Scott Pelley’s firing

Summary CBS News faces major challenges as new executive producer Nick Bilton works to stabilize “60 Minutes” after Scott Pelley’s firing. The three remaining correspondents — Lesley Stahl, Bill Whitaker and Jon Wertheim — met to discuss concerns amid high-profile departures. Bilton has welcomed story pitches about President Trump and the Trump administration for the…

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Bari Weiss Speaks on Scott Pelley’s ’60 Minutes’ Firing: ‘That’s the Path That He Chose’

Bari Weiss, the CBS News editor in chief, told her newsroom on Wednesday morning that the network fired the “60 Minutes” correspondent Scott Pelley because a “foundation” of trust had been broken after he assailed CBS leadership. “I’m only interested in working in a newsroom that is built on trust and mutual respect; we cannot…

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Broadcom stock sinks 15% as AI chip forecast disappoints

What happened: Broadcom (AVGO) stock declined more than 15% on Thursday, its biggest one-day drop since January 2025, after the custom chip designer’s AI sales outlook missed estimates. By the numbers: The company reported revenue of $22.19 billion, modestly exceeding the consensus estimate of $22.13 billion, although some analysts had anticipated an even stronger result. Earnings…

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