Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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

Index Last Change % Change
Dow 17,084.49 33.74 0.20%
Nasdaq 4,830.47 19.68 0.41%
S&P 500 2,014.89 1.46 0.07%
Treasuries 2.10 -0.01 -0.43%
Data as of 1:00pm ET
Company Price Change % Change
Alcoa Inc 10.26 -0.75 -6.81%
Bank of America Corp... 15.58 -0.17 -1.08%
Apple Inc 112.12 2.62 2.39%
EMC Corp 27.86 0.68 2.50%
Freeport-McMoRan Inc... 13.49 0.03 0.22%
Data as of Oct 9


Michael Dell is on the verge of the biggest tech deal ever. But he needs to raise a ton of debt before the market's next freakout. More

Federal Reserve Vice Chairman Stanley Fischer told CNN International anchor Richard Quest that concern's about China's slowdown is pushing back the Fed's decision to raise rates. More

Elon Musk recently called Apple a "Tesla graveyard" that hires all the employees he's fired. But now he says he doesn't hate Apple. More

Yes, the new chip-enabled credit cards are more safe than what used to be in our wallets. But they aren't bullet-proof against fraud. More