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Photo: J. Countess/Getty Images

Joy Reid will anchor a new nightly show on MSNBC in the 7 p.m. hour beginning July 20, the New York Times reports.

Why it matters: Reid will join a small number of Black women who have hosted nightly news programs on a major network in an industry often dominated by white men.

  • Her new show "The ReidOut" will replace veteran host Chris Matthews' "Hardball."
  • Matthews retired earlier this year following accusations of inappropriate comments toward women and a number of on-air gaffes.

What she's saying: "Evening and prime-time news has been a universe of white men really since I was growing up," Reid told the Times.

  • "For somebody who grew up as a nerdy kid obsessed with news, watching 'Nightline' and 'Meet the Press,' the idea of being a part of that family has always just been kind of overwhelming."

Flashback, via Vox: Reid faced controversy in 2018 after a series of homophobic blog posts from the mid-2000s — before she began her work with MSNBC — surfaced.

  • She at first denied making them and suggested that the archives of her blogs may have been hacked, before ultimately apologizing.
  • MSNBC stood by her at the time, per the Washington Post, saying the blog posts were "not reflective of the colleague and friend we have known at MSNBC for the past seven years."

Go deeper

Aug 25, 2020 - Politics & Policy

Republican convention viewership down 26% from first night of 2016

Photo by Chip Somodevilla/Getty Images

Roughly 17 million people watched the first night of the Republican National Convention on television during the primary speech hours between 10 p.m.-11 p.m. EST Monday night, according to Nielsen ratings.

Why it matters: That's down more than 26% from the number of TV viewers for the first night of the 2016 RNC. It's also 13% lower than the number of TV viewers who watched the first night of the Democratic National Convention last week.

Dan Primack, author of Pro Rata
45 mins ago - Economy & Business

The Leon Black clock strikes midnight

Illustration: Sarah Grillo/Axios

Leon Black is "retiring" as CEO of Apollo Global Management, the alternative investment giant he has led since co-founding it in 1990. But he is not making a full break, as Black will remain chair of Apollo's board of directors.

Why it matters: This is the culmination of 18 months of head-in-the-sand obfuscation of Black's dealings with Jeffrey Epstein.

Reddit traders look to pummel Wall Street's old guard

Illustration: Sarah Grillo/Axios

Reddit traders are taking on Wall Street pros at their own game with this basic mantra: Stocks will always go up.

Why it matters: Their trades — egged on in Reddit threads — have played a role in historic market activity in recent days.