Launched on October 15, 2007, the network features trading day coverage and a nightly lineup of opinion-based talk shows.
[1] Defunct Newspapers Journals TV channels Websites Other Congressional caucuses Economics Gun rights Identity politics Nativist Religion Watchdog groups Youth/student groups Social media Miscellaneous Other News Corporation chairman Rupert Murdoch confirmed the launch at his keynote address at the 2007 McGraw-Hill Media Summit on February 8, 2007.
[4] Before the network launched, few specific facts were made public as to the type of programming approach Fox Business would be taking.
[7] The network is placed on channel 43 in the New York City market in the basic-tier pay-TV package, which is home to the NYSE and NASDAQ stock exchanges.
[11] Fox Business Network hosted its second Republican primary debate on January 14, 2016, in Charleston, South Carolina with Neil Cavuto and Maria Bartiromo serving as moderators.
[12]On December 14, 2017, 21st Century Fox announced it would sell a majority of its assets to The Walt Disney Company in a transaction valued at over $52 billion.
[17] Other anchors include Peter Barnes, Tom Sullivan, Jenna Lee, Nicole Petallides and Cody Willard.
[18] Reporters include Jeff Flock (a CNN "original"), Shibani Joshi (from News 12 Westchester), and Connell McShane (from Bloomberg Television).
Adam Shapiro (formerly with Cleveland's WEWS-TV and New York City's WNBC) was added to the Fox Business Network to report from the Washington, D.C. bureau.
Sullivan, who reunited with his Bloomberg colleague Connell McShane, anchored the 10 a.m.-12 p.m. portion of the business news block with Dagen McDowell.
On April 20, 2009, Money for Breakfast, The Opening Bell on Fox Business (both hosted by Alexis Glick), The Noon Show with Tom Sullivan and Cheryl Casone, Countdown to the Closing Bell, Fox Business Bulls & Bears, and Cavuto all moved to the network's new Studio G set.
[30][31] Former UK Independence Party head Nigel Farage was announced as a commentator on January 20, 2017, the day of Donald Trump's presidential inauguration.
It was reported in May 2018 that, following a controversial decision in November 2017 to move the first quarter of a Pac-12 football game between Washington and Stanford from FS1 to FS2 (which does not have wide carriage) due to a NASCAR Camping World Truck Series overrun, that Fox would prefer the use of FBN for future Pac-12 overflow situations, as it has significantly wider distribution (if not slightly wider than FS1 in terms of total households) than FS2, and that it would carry minimal impact to programming.
On January 4, 2008, The New York Times and several other media outlets reported that FBN had registered an average of 6,300 viewers, far below Nielsen's 35,000-viewer threshold.
[43] In 2012, Lou Dobbs Tonight was challenging CNBC's Larry Kudlow, earning 141,000 total viewers on Fox Business Network.
CNBC announced in 2015 that it would no longer rely on Nielsen ratings to measure its daytime audience, turning to rival Cogent Reports instead.
[47][48] On December 23, 2020, Mornings with Maria aired an interview with a person who claimed to be Smithfield Foods CEO Dennis Organ, but was actually an animal rights activist from Direct Action Everywhere who warned that the meat packing industry could "effectively [bring] on the next pandemic.” Bartiromo issued a correction at the end of the show, admitting that they had been "punked".
[49][50] In November 2020, Fox Business anchors Maria Bartiromo and Lou Dobbs promoted conspiracy theories during their programs, tying the voting machine manufacturer Smartmatic to voter fraud during the 2020 presidential election.
[52][53][54] On February 4, 2021, Smartmatic filed a $2.7 billion lawsuit against Fox News Media for defamation, specifically naming Bartiromo, Dobbs, and Pirro.
[56] On April 20, 2009, the Canadian Radio-television and Telecommunications Commission approved Fox Business Network for distribution in Canada;[57] it is currently available through Rogers Cable's 'Ignite TV' service.
As of July 2011, the channel is carried on Sky Italia (a fellow News Corporation company at the time), its first European carriage deal.
The channel was operated by Australian News Channel Pty Ltd, which was partly owned by Sky plc in the United Kingdom (a fellow 21st Century Fox company at the time) until December 2016, when News Corp Australia (a fellow Rupert Murdoch company) acquired the Australian broadcaster in its entirety.
The fund received criticism from some financial bloggers for putting together an index with so many competing brands (such as FedEx and UPS; McDonald's and Yum!