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Al Jazeera America hires CNN reporter Ali Velshi

(Los Angeles Times) Al Jazeera America has made its first on-air hire and tapped CNN reporter Ali Velshi to host a business show for the start-up cable network.

Velshi, born in Kenya and raised in Canada, has been with CNN for a dozen years, anchoring “Your Money” and serving as the cable news network’s chief business correspondent.

Al Jazeera America said Velshi’s half-hour will be a broad look at the U.S. economy both on business and consumers.