John Stossel Fox Business-Bound

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Longtime ABC News correspondent and 20/20 co-anchor John Stossel is joining Fox Business Network and Fox News Channel.

Stossel will host a one-hour weekly program on Fox Business simply titled Stossel that will focus on libertarian issues in the U.S. and abroad. He will also become a regular contributor to Fox News.

Stossel's addition is the second major hire for FBN, which is also adding Don Imus to its roster on Oct.5.

Read more at B&C here.