learningandfinance.com


Global

Fox stock holds steady after O'Reilly firing

Share
Stephen Colbert appears on “The Late Show with Stephen Colbert” in New York in this

The New York Times reported on Wednesday, citing an unnamed source, that the new contract allowed Fox News to dismiss O'Reilly if it became aware of any new allegations against him.

The parent company of Fox News, 21st Century Fox, said this week that it parted ways with O'Reilly "after a thorough and careful review of the allegations".

Colbert admitted that he "owes a lot" to O'Reilly because he spent nine years playing "Stephen Colbert" who was "based largely" on the former Fox News host.

"Over the years, I have talked one or two times about Fox News host, and bold fresh piece of humanity, Bill O'Reilly", Colbert said.

In a statement from O'Reilly after his ouster, he maintained his innocence.

Though his new contract was built with several "outs" in case the sexual harassment allegations led to his firing, Stelter reported that the Murdochs were caught off guard by the swift backlash by advertisers.

Of course, President Fraud came to O'Reilly's defense recently, calling him a "good person".

Ontario, Canada brings in foreign housing tax to cool market
She said that poses a challenge for locals bidding for houses that are selling for hundreds of thousands over the asking price. OFA is looking for some relief when it comes to the increase in prices of farm fuels, Currie said.

State officials ask Congress to secure 'Obamacare' subsidies
The White House and GOP leadership have been involved in the talks and are aware of the latest progress, the source added. Meadows explained that both sides want to "make sure that preexisting conditions are taken care of".

Seattle police officers shot responding to robbery
Officers were investigating a robbery at a 7-Eleven convenience store on 1st Avenue, The Seattle Times reports . The second suspect was found with significant injuries, according to Seattle police.

Fox News anxious about its own brand as well. Business Insider has contacted Fox News and 21st Century Fox for comment. And there might also be worldwide business pressures on its parent company, 21st Century Fox, that factored into the decision.

After weeks of embarrassing press for Fox News, the company has cut ties with Bill O'Reilly. "You failed him. You failed Bill O'Reilly", Colbert's alter ego said.

Bill O'Reilly and Jon Stewart go head-to-head on Comedy Central's The Daily Show.

"He is an incredibly talented broadcaster who raised the bar for interviewers everywhere", said Perino.

"The fact that Fox News is only taking action against O'Reilly after an investigation revealed that they could be defrauding shareholder by not revealing payments made to cover up the abuse, isn't lost on anyone".

It is unclear what Mr O'Reilly will do next - or if he will contest the terms of his exit. "It was hard for corporations to defend". "They should not ever have to put up with any kind of intimidating workspace", said Palin, a former Fox News contributor.

I will always look back on my time with Fox with great pride in the unprecedented success we achieved and with my deepest gratitude to all my dedicated viewers.

Share