Searching for smart, safe news you can TRUST?

Support safe, smart, REAL journalism. Sign up for our Axios AM & PM newsletters and get smarter, faster.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Richard Drew / AP

It took more than 50 advertisers pulling ads from Fox News' flagship program, The O'Reilly Factor, for the network to reveal they are taking action to figure out what's been happening between its star anchor and female employees over many years.

"21st Century Fox investigates all complaints and we have asked the law firm Paul Weiss (Rifkind, Wharton & Garrison) to continue assisting the company in these matters," Fox said in a statement Sunday. The same firm was used to investigate claims made against former Fox CEO Roger Ailes.

Why it matters: The results of the investigation will give the network an opportunity to handle the controversy, based off of their own commissioned findings, as opposed to responding to more allegations and reports.

The attorney of one of the accusers told CNN's Brian Stelter on Sunday that she received a call Friday from Fox News attorneys after her client placed a call regarding harassment allegations to Fox News' hotline earlier this week. "I am told that they are taking it seriously and they are going to do the investigation that's legally required of them," said Lisa Bloom, who represents accuser Wendy Walsh.

The bigger picture: The New York Times reports that Walsh's hotline tip triggered the investigation. Developments in recent days paint a clearer picture of what owner Rupert Murdoch is facing collectively.

  • Fox News announced today that it hired Amy Listerman as its first female chief financial officer.
  • On Friday, the EU approved the 21st Century Fox's acquisition of Sky TV, despite having previously vocalized concerns over the Murdoch's management style. Although Murdoch cleared a major hurdle, a final decision will come from the EU's regulators in May.
  • The Hollywood Reporter reported Friday that Fox has been using video footage from Donald Trump's access Hollywood Interview with Billy Bush in HR workshops about how not to treat employees.
  • Angie's List, who initially said they wouldn't pull ads from the show, reversed its position Saturday, saying they would no longer run on The O'Reilly Factor.

Go deeper

Updated 5 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Coronavirus deaths reach 4,000 per day as hospitals remain in crisis mode — America has tuned out the coronavirus at the peak of its destruction — 1 in 3 people in L.A. County believed to have been infected with coronavirus.
  2. Politics: Biden taps ex-FDA chief to lead Operation Warp Speed amid rollout of COVID plan— Widow of GOP congressman-elect who died of COVID-19 will run to fill his seat — Joe Biden will seek nearly $2 trillion in COVID relief spending.
  3. Vaccine: Battling Black mistrust of the vaccines"Pharmacy deserts" could become vaccine deserts — Instacart to give $25 to shoppers who get vaccine.
  4. Economy: Unemployment filings explode againFed chair: No interest rate hike coming any time soon —  Inflation rose more than expected in December.
  5. World: WHO team arrives in China to investigate pandemic origins.
Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

Trump blocks banks from limiting loans to gun and oil companies

Illustration: Sarah Grillo/Axios

Big banks are no longer allowed to reject business loan applicants because of the industry in which they operate, according to a new rule finalized on Thursday by the Trump administration.

Why it matters: Wall Street has curtailed its exposure to industries like guns, oil and private prisons, driven by both public and shareholder pressures. This new rule could reverse that trend.

Former FDA commissioner: "Reliable drug supply is absolutely critical"

Axios' Caitlin Owens and former FDA commissioner Mark McClellan. Photo courtesy of Axios Events

Having a reliable supply of pharmaceutical drugs throughout America will be "absolutely critical" to boosting affordability in health care during the Biden administration, former Food and Drug Administration (FDA) commissioner Mark McClellan said at a virtual Axios Event on Friday.

The big picture: McClellan, who served under President George W. Bush, says drugs having limited supply and limited competition leads to elevated pricing. He considers drug supply to be a national security and public health issue.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!