Posted: Tue, Apr 10, 2001, 2:40 PM ET (1840 GMT)
Former CNN anchor Lou Dobbs announced Tuesday he will return to the network, leaving SPACE.com, the space news and information company he founded nearly two years ago. Dobbs, who left CNN in 1999 to start SPACE.com after his relationship with network management became increasingly strained, will return next month to anchor CNN's Moneyline show, the same show he hosted prior to his departure. Dobbs will give up the positions of chairman and CEO of SPACE.com, although he will retain his share of ownership of the company and remain on its board of directors. Dobbs had been rumored to return to broadcasting for some time, although speculation had been leaning towards CNBC, a rival financial network whose ratings have soared at CNN's expense after Dobbs' departure. SPACE.com president John Ferrara will oversee the company while a search for Dobbs' replacement is underway.

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