03/28/2008 02:45 am ET | Updated May 25, 2011

Fox Business Network Bumps Insiders As Anchors

News Corp's Fox Business Network on Wednesday named five Fox News Channel insiders to be the first on-air news anchors ahead of the channel's highly anticipated October debut.

The launch of the network, which will compete with General Electric's CNBC, comes after News Corp Chairman Rupert Murdoch sealed a $5.6 billion deal to buy Wall Street Journal publisher Dow Jones & Co Inc.

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