Long-time business correspondent Ali Velshi joining MSNBC

Associated Press
FILE - In this Sept. 20, 2013 file photo, Ali Velshi, appears as a moderator to discuss the topic "Disputive Forces in the World" during the Global Business Forum in Banff, Alberta, in Canada. MSNBC announced Tuesday, Oct. 18, 2016, the immediate appointment of Velshi, best known from his more than a decade as a CNN anchor and its chief business correspondent. (AP Photo/The Canadian Press, Larry MacDougal, File)

NEW YORK (AP) — Long-time business correspondent Ali Velshi is joining MSNBC.

The news network announced Tuesday the immediate appointment of Velshi, best known from his more than a decade as a CNN anchor and its chief business correspondent.

He joined the Al Jazeera America network in 2013, remaining there until it ceased operations earlier this year.

He has covered tragic events in Pakistan and Turkey and the debt crisis in Greece. As a business expert, he reported on the 2008 financial crisis, the U.S. government's bailout plan, the automobile industry, and the debt ceiling and budget debates. 

Velshi's "sharp economic analysis will be a valuable asset to MSNBC," the network said.