As we first reported Saturday, ABC News is now announcing that Rebecca Jarvis is joining the network as chief business and economics correspondent. Jarvis spent the last three years at CBS News, as a business and finance correspondent and co-anchor of “CBS This Morning” Saturday.

“Deeply knowledgeable about financial news, Rebecca is a versatile and aggressive reporter who will contribute immensely across every program and platform,” writes ABC News president Ben Sherwood in a note to staff, obtained by TVNewser. “I’m delighted Rebecca is joining ABC News as we expand the strongest team in journalism.”

Jarvis is ABC’s second high-profile pick this week from CBS. It was announced yesterday that Byron Pitts will join the network as national correspondent and anchor.

Rebecca Jarvis announced on “CBS This Morning” that she is leaving the network and TVNewser hears she’s heading to ABC News. Jarvis anchored the Saturday edition of “CTM” and was also a financial correspondent for CBS News. Jarvis joined CBS from CNBC 3 years ago this week. She had been with CNBC for four years, joining not long after being named runner-up on season 4 of “The Apprentice.”

“Anthony, it’s been a real pleasure and a treat and gift sitting next to you,” said Jarvis in her goodbye to co-anchor Anthony Mason ”You’re one of a kind. You’ve been so great. And to everybody who sits out here, you’re wonderful. Thank you for all of your hard work. Thank you to all of the producers and thanks to you, the viewers.”

We hear CBS is not ready to announce just yet a new co-anchor for the Saturday edition of “CTM.” The network recently brought on Melody Hobson to contribute to the network’s financial and economic coverage. Mason remains CBS’s senior business and economics correspondent.

Coverage of Friday’s tragic shooting at Sandy Hook Elementary school in Newtown, Connecticut, will continue Saturday on the broadcast and cable networks.

On ABC, weekday anchor George Stephanopoulos will anchor “Good Morning America” from Newtown. Elizabeth Vargas will join him from New York. ABC’s Josh Elliott, Amy Robach and Dan Harris will report from the scene in Newtown.

NBC’s “Today” will also have the weekday team in, with Matt Lauer and Savannah Guthrie anchoring from Newtown. Lester Holt, Erica Hill, Ann Curry and Willie Geist will contribute to the program.

Anthony Mason and Rebecca Jarvis will anchor “CBS This Morning Saturday” from Newtown. CBS will also preempt “48 Hours” Saturday night for a special report on the shooting at 10pmET.

Fox News will be live at 5amET with “Fox & Friends First.” An expanded edition of “Fox & Friends” will air from 6-10amET, and will be simulcast on FBN. The 10am-noon business block will be preempted for live coverage anchored by Jon Scott and Jenna Lee. Scott will also host an expanded two-hour “Fox Report” beginning at 6pmET. Mike Huckabee‘s program will be live from NYC at 8pmET and Jeanine Pirro and Geraldo Rivera will host their primetime shows from Newtown.

MSNBC will focus on the shooting during regularly-scheduled programming and will be live until at least 7pmET Saturday night.

On CNN, Ali Velshi and Jon Berman will anchor from 6-9amET. Soledad O’Brien will anchor from 9-11amET, Wolf Blitzer will anchor from 11am-1pmET and Don Lemon will anchor from 1-3pmET. O’Brien will anchor from 3-5pmET, and Blitzer and Kate Bolduan will anchor from 5-8pmET. Anderson Cooper will anchor from 8-9pmET,  Lemon and O’Brien will anchor from 9-10pmET, and Cooper will take over again from 10-11pmET.

On HLN, Nancy Grace will host a special on the shooting tonight at 8pmET. Dr. Drew Pinsky will host a special live hour at 9pmET.

At 9:20, Mitt Romney took to the stage with the USS Wisconsin in Norfolk, VA as his backdrop. At 9:28, he brought out his running mate on the Republican presidential ticket, Wisconsin Congressman Paul Ryan.

NBC News began its special report at 9am with Brian Williams anchoring from London, joined by Peter Alexander in Norfolk, and Chuck Todd and David Gregory in Washington. CBS News broke in at 9:03 with Anthony Mason and Rebecca Jarvis anchoring with Jan Crawford in Norfolk and Bob Schieffer in Washington. David Muir on ABC News began a special report at 9:10 with Jonathan Karl in Norfolk and George Stephanopoulos, by Skype from a well-appointed home.

Wolf Blitzer led coverage on CNN, Bret Baier on FNC, and MSNBC’s Rachel Maddow was up for Chris Hayes‘ show with Andrea Mitchell in Norfolk. FBN and HLN also carried the announcement live.

ABC continued with its special report until 9:51, NBC and CBS until 9:52.

On Fox News Baier will continue until 11am when John Roberts picks up anchoring until 1pET.

FNC is producing a modified weekday schedule: “The Five” will be in for a special hour today at 5, Baier is back for “Special Report” at 6pm followed by Shepard Smith anchoring “Fox Report” at 7pm, “Huckabee” at 8, “Hannity” at 9 and the pride of Appleton, Wisconsin, Greta Van Susteren will host a live “On the Record” at 10pmET.

During its panel at the Television Critics Association Summer press tour, CBS News announced that its Sunday public affairs show “Face the Nation” would become an hour-long program, permanently. The show has been an hour-long since April of this year, and was announced at the time as something of a test.

There is an asterisk to the announcement however, as “Face” will still be rated as two separate half-hours, as the second half-hour is not available in the entire country, and even then is sometimes aired at a much later time than the first half-hour. The first half-hour of most programs rate much higher than the second half-hour, and that is the case with “Face” too.

During the session, CBS News president David Rhodes said that once NFL obligations are complete (in other words, next year), CBS will move to get “Face” rated as a full-hour.

As B&C’s Andrea Morabito notes, CBS also announced that Anthony Mason will become the full-time co-anchor of “CBS This Morning” on Saturdays, joining Rebecca Jarvis.

THR also has quotes from CBS News chairman Jeff Fager (seen above accepting a TCA Award on behalf of “60 Minutes”) and “CTM” EP Chris Licht:

Read more

The network primetime shows went off seemingly without a hitch last night, while the cablers went live well past when they normally switch into taped programming.

This morning, the overage continued. On NBC, Ann Curry did appear on “Today,” though she did not co-anchor as NBC said, but rather contributed to a number of stories, following her “Dateline” anchoring last night.

“CBS This Morning” was anchored by Rebecca Jarvis and Maurice Dubois and led off with a report from Jeff Glor in Colorado:

There were also some notable moments on cable news yesterday.

Read more

• When she’s not anchoring her Fox Business show, Gerri Willis is an avid golfer. “It teaches really great life lessons — patience (which I am still working on), focus and concentration, as well as honesty,” she tells NJ.com.

• How did MSNBC host Rachel Maddow find time to complete her best-selling book, Drift? By locking herself in her literary agent’s office with no internet access, she tells the Los Angeles Times. “It was like writing my dissertation, which almost also killed me.”

• In honor of Tax Day, CBS business and economics correspondent Rebecca Jarvis gives Shop It To Me some financial advice. “Think of your tax refund as a fresh opportunity to improve your future,” she says. “Put it toward improving your health or learning a new skill.”

“CBS This Morning” Saturday edition co-anchor Rebecca Jarvis was married last night in Minneapolis. Jarvis, who is also CBS News’ business and economics correspondent, married Matthew Hanson, whom she met at the University of Chicago and later worked with at an investment bank in Chicago. Jarvis tells the New York Times: “By working so closely together for a year, I got to know him very well. I had already seen how well he treated other girls he dated before me, and I knew how genuine he was. Investment banking is a brutal business, but he always had the ability to do the comic-relief thing to help relieve the stress, not just for me but for other members of our group.”

Jarvis would go on to be the runner-up on season four of “The Apprentice” and then, in 2006, to CNBC. Jarvis joined CBS in 2010, and two weeks ago was named co-anchor of the Saturday edition of “CBS This Morning.”

The Saturday edition of CBS’s morning show will take the name of the Monday-Friday editions: “CBS This Morning. And today, Rebecca Jarvis was named co-host of the show. Jarvis, who has been filling in on Saturdays for the last year, joined CBS in April 2010 as news anchor for “The Early Show on Saturday” as well as Business and Economics Correspondent. She’ll continue as the business reporter for the network and contribute to the weekday “CBS This Morning.”

The network will also bring in rotating co-hosts alongside Jarvis until a permanent replacement is named for Russ Mitchell, who left CBS News for a local news anchor job in Cleveland. Mitchell starts his new job at WKYC on Monday.

Diane Sawyer anchored for ABC. She was joined by business correspondent Bianna Golodryga. CBS’s special report was anchored by Scott Pelley, who talked with business correspondent Rebecca Jarvis. Brian Williams, joined by CNBC’s Sue Herrera, was on the air for NBC.