CNN is announcing layoffs as part of a further shift to digital business

FILE - Signage is seen at the CNN Center in Atlanta on April 21, 2022. (AP Photo/Mike Stewart, File)

After a Florida jury found that CNN defamed a U.S. Navy veteran who helped rescue endangered Afghans, the network reached a settlement on Friday to avoid a punishing order that it pay punitive damages.

The unusual ruling against a media outlet following a was a blow to both struggling CNN and news outlets in general on the eve of a new term as president by Donald Trump, who has whipped up anger against journalists among his supporters.

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