The daily business briefing: February 3, 2022

Jeff Zucker resigns as CNN president over affair with colleague, Facebook reports its 1st quarterly drop in daily users, and more

Jeff Zucker, pictured in 2009
Jeff Zucker, pictured in 2009
(Image credit: SAUL LOEB/AFP via Getty Images)

1. Jeff Zucker resigns as CNN president over 'consensual' affair

CNN President Jeff Zucker resigned Wednesday after admitting he failed to disclose a romantic relationship with one of his chief lieutenants. Zucker, 56, said the information about his "consensual relationship" with his "closest colleague," CNN Executive Vice President Allison Gollust, came out during an internal investigation into Chris Cuomo, the CNN host fired in December over his involvement in the response of his brother, former New York Gov. Andrew Cuomo, to sexual harassment allegations that forced him from office. Zucker said he was required to disclose the relationship "when it began but I didn't. I was wrong." Both Zucker and Gollust are divorced. Gollust, who plans to continue working at CNN, said she and Zucker were friends for 20 years but their relationship "changed during COVID."

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.