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Bill Shine, who has served as co-president since Roger Ailes was ousted earlier this year, is out at Fox, and a top female excutive will assume half his duties. As Gabe Sherman noted on Twitter, Shine reportedly went to Murdoch this morning, and the two worked out an exit deal. Murdoch said in a statement:

Sadly, Bill Shine resigned today. I know Bill was respected and liked by everybody at Fox News. We will all miss him. — Rupert Murdoch

Suzanne Scott, who has been at Fox since 1996 and was last an EVP programming and development, will become president of programming, and Jay Wallace will become president of news, per the statement.

What's next: Sean Hannity won't be happy.

Mike Allen update: Fox in a box: "The profitable, influential, seemingly impregnable Fox News is suddenly vulnerable. In a massive disruption for right-wing media, Fox talent is on the market, the purge of the old-boy clique may continue, and there's huge internal paranoia about further lawsuits and revelations."

Related: Timeline of Fox News since Ailes allegations

Go deeper

Trump set to appear at Pennsylvania GOP hearing on voter fraud claims

President Trumpat the White House on Tuesday. Photo: Chip Somodevilla/Getty Images

President Trump is due to join his personal lawyer Rudy Giuliani in Gettysburg, Pennsylvania, Wednesday at a Republican-led state Senate Majority Policy Committee hearing to discuss alleged election irregularities.

Why it matters: This would be his first trip outside of the DMV since Election Day and comes shortly after GSA ascertained the results, formally signing off on a transition to President-elect Biden.

Scoop: Trump tells confidants he plans to pardon Michael Flynn

Photo: Alex Wroblewski/Getty Images

President Trump has told confidants he plans to pardon his former national security adviser Michael Flynn, who pleaded guilty in December 2017 to lying to the FBI about his Russian contacts, two sources with direct knowledge of the discussions tell Axios.

Behind the scenes: Sources with direct knowledge of the discussions said Flynn will be part of a series of pardons that Trump issues between now and when he leaves office.

Erica Pandey, author of @Work
10 hours ago - World

Remote work shakes up geopolitics

Illustration: Eniola Odetunde/Axios

The global adoption of remote work may leave the rising powers in the East behind.

The big picture: Despite India's and China's economic might, these countries have far fewer remote jobs than the U.S. or Europe. That's affecting the emerging economies' resilience amid the pandemic.