Cavuto on Fox Biz Channel: "We're Closer To It"

Courtesy of TVNewser comes this AP report on Fox News hiring former-CNBC personality Alexis Glick as number two business news executive behind Neil Cavuto:

Glick will help direct the network's business coverage and appear on-air if Fox owner News Corp. decides to start the business channel. That new channel has been talked about for years, but Fox chief Roger Ailes has said he won't pull the trigger unless he gets enough distribution on cable and satellite systems.

"We're not quite at that stage when we can do that, but we're close to it," Cavuto said."I'd be foolish, as the guy who does business news, not to prepare ourselves for the possibility."

Cavuto said he admired Glick because "she not only talks the talk, she has walked the walk."

Before getting into television, Glick, 34, was an executive director at Morgan Stanley, where she led New York Stock Exchange floor operations. She switched gears and became a reporter at the stock exchange for CNBC's "Squawk Box."