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

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 16,982.59 22.02 0.13%
Nasdaq 4,444.91 -4.65 -0.10%
S&P 500 1,978.91 0.57 0.03%
Treasuries 2.49 0.02 0.89%
Data as of 10:37pm ET
Company Price Change % Change
Apple Inc 99.02 1.99 2.05%
Facebook Inc 74.92 -0.06 -0.08%
Bank of America Corp... 15.50 -0.09 -0.58%
Dollar Tree Inc 54.87 -0.08 -0.15%
Family Dollar Stores... 75.74 15.08 24.86%
Data as of 4:03pm ET

Sections

Herbalife shares tumble after the maker of nutritional supplements reports earnings that fall short of analysts' estimates. More

New annual report from U.S. government shows the long-term prognosis for Medicare has improved thanks to slower health spending, while the outlook for Social Security remains unchanged. More

Online dating site OkCupid found its users were more likely to have conversations when it told them they were more compatible than in reality. More

Actor-founded This Bar Saves Lives had Hollywood connections, but learned Start-Up 101 the hard way. More

Steve Mason, a pastor from California, inherited more than $100,000 in student loan debt when his 27-year-old daughter died suddenly in 2009. With interest and late penalties, the debt has since ballooned to $200,000. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.