Fox stock holds steady following O'Reilly firing

Fox stock holds steady following O'Reilly firing

Bill O'Reilly once referred to her as "hot chocolate" and now Perquita Burgess, one of the women who accused Bill O'Reilly of sexual harassment, spoke out about O'Reilly on The View. If records are any indication of the company's support, the claims don't appear to be unfounded. "As time went on, I noticed... if no one was around he would make that noise". "But thank God it stopped now with Bill O'Reilly at Fox".

When the Murdoch family (owners of parent company 21st Century Fox) finally did, however, decide to oust the host, he seemed to take it in stride. In a memo to employees, the senior Murdoch paid respect to O'Reilly's success, but said the company was committed "to fostering a work environment built on the values of respect and trust". At the time, the company was aware of multiple allegations of sexual harassment against him and had even reached two settlements involving such complaints.

Women's rights activists applauded Fox's decision to fire O'Reilly.

The ratings impact of Bill O'Reilly's firing will be measured over months, not days. O'Reilly will not be paid the entire amount he was owed, however, because the new contract also incorporated some "outs" for the network.

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But Sharif and family have 67 days to establish how they came to route their funds to buy properties overseas. The JIT would report to the court after every two weeks and would complete the proceedings in 60 days.

Burgess told the panel that she came to Fox News through a temp agency and was working for a colleague of O'Reilly's. In fact, his success by any measure is indisputable. The outlet reported that Fox will pay O'Reilly "tens of millions of dollars". Allegedly, after hearing of the investigation into claims against O'Reilly, the contract was, however, reworked to include a way out for Fox if necessary.

Some of the gains on Wednesday might be chalked up to curiosity about how Fox would handle O'Reilly's ouster and how Perino would address it on the air.

Last summer, Roger E. Ailes, the chairman of Fox News, left the network with an exit package worth $40 million after several women made sexual harassment allegations against him.

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