From Politico:

Yahoo News has fired Washington bureau chief David Chalian after he was caught on a hot-mic during an online video broadcast today saying that Mitt Romney and his wife Ann had no problem with African Americans suffering as a result of Hurricane Isaac.

“They’re not concerned at all. They’re happy to have a party with black people drowning,” Challian said during the ABC News/Yahoo News webcast, in reference to the fact that the GOP convention in Tampa is taking place as Hurricane Isaac makes landfall on the north Gulf coast.

UPDATE (1:30 p.m.): Yahoo News confirms:

“David Chalian’s statement was inappropriate and does not represent the views of Yahoo!.  He has been terminated effective immediately. We have already reached out to the Romney campaign, and we apologize to Mitt Romney, his staff, their supporters and anyone who was offended.”