Lou Dobbs joins former rival Fox

By Aaron Smith, staff writer


NEW YORK (CNNMoney.com) -- Lou Dobbs has joined up with Fox Business News, the network announced Wednesday, exactly one year after the anchor left his former employer, CNN.

Dobbs has signed a "multi-year" contract with Fox (NWS, Fortune 500), according to the Network.

"Dobbs will develop and host a new daily program premiering in the first quarter of 2011," said Fox, in a press release. "He will also make appearances across a variety of FBN programs to provide analysis and commentary on business news of the day."

Dobbs was one of the original members of CNN which along with CNNMoney.com is a unit of Time Warner (TWX, Fortune 500).

With the exception of a hiatus from 1999 to 2001 to found Space.com, he worked for CNN from its start in the 1980 until his final broadcast on Nov. 11, 2009.

In recent years, Dobbs spent much of his time focusing on immigration. In his final broadcast, he said that immigration and other important issues "are now defined in the public arena by partisanship and ideology rather than by rigorous empirical thought and forthright analysis and discussion. I'll be working diligently to change that as best I can."

A Fox spokesperson did not immediately return a message about the length of Dobbs' contract and the amount he will be paid.

Dobbs follows in the footsteps of another former CNN personality who switched to Fox: Glenn Beck. To top of page

Just the hot list include
Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 24,886.81 52.40 0.21%
Nasdaq 7,425.96 47.50 0.64%
S&P 500 2,733.29 8.85 0.32%
Treasuries 3.00 -0.06 -2.02%
Data as of 10:10pm ET
Company Price Change % Change
General Electric Co 14.18 -1.11 -7.26%
Bank of America Corp... 30.44 -0.45 -1.46%
Micron Technology In... 59.97 0.94 1.59%
Hewlett Packard Ente... 15.58 -1.83 -10.51%
Advanced Micro Devic... 13.10 0.12 0.92%
Data as of 4:02pm ET
Sponsors

Sections

The IRS issued a notice on Wednesday that may give taxpayers pause before pursuing state-approved ways to circumvent the $10,000 federal cap on state and local tax deductions. More

WIth prices starting at $35,000 and rising quickly from there to over $80,000, the Tesla Model 3 is far from a mass market car. More

The IRS issued a notice on Wednesday that may give taxpayers pause before pursuing state-approved ways to circumvent the $10,000 federal cap on state and local tax deductions. More