After all, he had been working in broadcasting for nearly 30 years. The network announced the news Thursday in an e-mail to CNBC employees. Virginia Republicans give Trump an edge, but only DeSantis and Youngkin lead Biden, The ESG attack on energy becomes personal, The Debrief: Conn Carroll on HHS encouraging illegal child labor, WATCH: Steven Spielberg likens rise in antisemitism to 'Germany in the '30s', AOC gloats after construction of Virginia Amazon headquarters delayed as company cuts jobs, Alex Murdaugh trial: Watch the key video that could've sealed guilty murder verdict. Dan Abrams does a great job of presenting both sides. Shepard Smith, the former Fox News anchor who left last year amid tensions with the channel's more conservative voices, is joining CNBC as a prime-time . Shepard Smith's CNBC Show Bombs, Behind Lou Dobbs Repeats - Mediaite Shepard Smith during a September interview on NBC's "Tonight Show." The newsman's trajectory shows what can happen when a familiar anchorman moves to an unfamiliar time and place with . CNBC has canceled "The News with Shepard Smith" after two years. From Chris Rock to the SAG Awards. Smith joined CNBC in 2020 after a lengthy stint at Fox News. The general interest news program, which debuted on September 30, 2020, airs at 7 PM ET. But his show struggled to outperform competing shows from Fox News, MSNBC and CNN in the time slot. Anyone can read what you share. Friday will be the first time Smith has served in the anchor chair. The choice to replace Smiths show with a nightly business program is smart, despite the fact that rival news companies like CNN are implementing cost-cutting measures. If you need to cancel something I vote for Shark Tank. Paramount to pay $122.5 million to settle lawsuit over CBS deal. Decisions like these are not arrived at hastily or taken lightly, CNBC president KC Sullivan said in a message to employees on Thursday that was obtained by The Washington Post. Smith's arrival at CNBC last year took many cable-news insiders by surprise. He opened up about his sexuality saying that he was indeed dating a man and that his work at Fox News had not been affected negatively by his sexual identity. During times of flux and uncertainty, our place in the lives of those we touch on-air, online and in person becomes even clearer, and more essential., CNBC has long had to navigate a challenge after traditional work hours, hoping to keep business-news audiences paying attention after the stock markets have closed for the day.