Apr 18, 2017

Bill O'Reilly might have lost the Murdochs

Shane Savitsky

Andy Kropa / Invision / AP

The Murdochs are "leaning toward" taking Bill O'Reilly off the air at Fox News as his sexual harassment scandal deepens, his advertising revenue plummets and the family looks toward solidifying their planned takeover of European broadcaster Sky, per NY Mag's Gabriel Sherman. But Rupert Murdoch reportedly remains hesitant.

Believe it: Sherman is a deeply-sourced expert on the inner workings of Fox News and the scandals plaguing the network — if he writes it, it's worth taking seriously.

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Coronavirus spreads to more countries, and U.S. ups its case count

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus continues to spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting those are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the U.S. Meanwhile, Italy reported its first virus-related death on Friday.

The big picture: COVID-19 has now killed at least 2,359 people and infected more than 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel, Lebanon and Iran.

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Orion Rummler

Wells Fargo agrees to pay $3 billion to settle consumer abuse charges

Clients use an ATM at a Wells Fargo Bank in Los Angeles, Calif. Photo: Ronen Tivony/SOPA Images/LightRocket via Getty Images

Wells Fargo agreed to a pay a combined $3 billion to the Justice Department and the Securities and Exchange Commission on Friday for opening millions of fake customer accounts between 2002 and 2016, the SEC said in a press release.

The big picture: The fine "is among the largest corporate penalties reached during the Trump administration," the Washington Post reports.

Go deeperArrow7 hours ago - Economy & Business