Morrisville, N.C. — Fox Business News and two additional high-definition channels are being added to Time Warner Cable’s service offerings in October.

Fox Business News, a new channel being launch by billionaire Rupert Murdoch, will be made available Oct. 15, TWC announced Friday.

“Whether it’s a natural disaster, domestic crisis, or an international event, Fox Business News provides you the business news behind the story,” TWC said in its announcement.

Fox Business will be a direct competitor with CNBC and CNN offerings such as the nightly Lou Dobbs business program. Time Warner owns CNN.

TBS will be offered in high definition as of Monday.

And on Oct. 15, A&E high definition joins TWC’s lineup. Also coming on the 15th is The Golf Channel/Versus.

TWC will not charge any higher fees for the new channels.

“We are hearing from our customers that they want more HD channels because of the exciting and innovative programming these channels offer,” said Tom Adams, president of the TWC Eastern Carolina Division, in a statement. “We’re pleased to be able to bring them more HD choices, and we are especially excited to be able to bring them programs like the MLB post-season playoffs in HD on TBS.”

More high-definition channels will be added “at a rapid pace,” Adams added.

A&E will simulcast all its program in high definition, TWC said.

The Golf Channel/Versus channel will be what TWC called a “hybrid” high-definition channel with The Golf Channel airing from noon to 7 p.m. and Versus from 7 p.m. until midnight. Versus includes National Hockey League telecasts.

Once the new channels are in place, TWC will offer 22 channels in high definition.