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 17,814.94 -2.96 -0.02%
Nasdaq 4,758.25 3.36 0.07%
S&P 500 2,067.03 -2.38 -0.12%
Treasuries 2.26 -0.05 -2.16%
Data as of 1:44am ET
Company Price Change % Change
Apple Inc 117.60 -1.02 -0.86%
Bank of America Corp... 17.10 -0.08 -0.47%
Huntington Bancshare... 10.11 -0.07 -0.69%
Kinder Morgan Inc 40.75 -0.04 -0.10%
Ford Motor Co 15.68 0.01 0.06%
Data as of Nov 25

Sections

Jet fuel prices are down about 18% since August, but don't expect a break in your air fare any time soon. More

Retailers are repeating Black Friday deals from year to year, and offering the same discounts at other times. More

Sales of iPads and other tablets are slumping badly in 2014, and won't likely be a big hit during the holidays as they were last year. More

Ever since the Ebola epidemic erupted in her hometown of Foya, Liberia, Deboriah Foko has been working with Doctors Without Borders to inform others about this deadly virus. Here are journal entries from a day in her life. More

Most stock quote data provided by BATS. Market indices 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.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.