Los Angeles Times

Former Fox News anchor Shepard Smith is joining CNBC for a nightly newscast

Shepard Smith, a longtime anchor on Fox News, is joining NBCUniversal's CNBC, where he will helm a new nightly newscast in a bid to broaden the cable network's audience.

Smith will have his own hour-long program, "The News With Shepard Smith," airing weeknights at 7 p.m. EDT, the business news channel announced Wednesday.

The program, set to launch in the

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