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Photo: Andy Kropa / AP

Bill O'Reilly's contract with 21st Century Fox was renewed — with an approximate $7 million pay raise — after O'Reilly made a $32 million agreement to settle sexual harassment allegations, the New York Times reports.

What happened: Lis Wiehl, an analyst at Fox News, notified O'Reilly of her sexual harassment lawsuit in early January. Five days later, the two reached a settlement, per the Times, and Wiehl agreed "not to sue Mr. O'Reilly, Fox News, or 21st Century Fox," as well as destroying texts, photos, and other communications between them. The four-year contract extension with the network was granted in February, the Times reports.

Why it matters: This was the largest settlement made by O'Reilly and 21st Century Fox; it was also the sixth one of its kind.

Go deeper

Southwest heat wave intensifies, breaks records and worsens drought

A temperature "misery index" shows peak levels across the Southwest (orange and yellow), and the upper air flow shows how the jet stream is being pushed north, away from the heat dome parked over the Four Corners region. (Earth.nullschool.net)

A punishing and long-enduring heat wave is intensifying in parts of the West and Southwest, with heat warnings and advisories in effect across seven states Wednesday. The heat will not relent until late in the weekend.

Threat level: In the coming days, 40 million are likely to see temperatures reach or exceed 100 degrees.

Updated 1 hour ago - World

Putin calls Biden summit "constructive," but blames U.S. for tensions

Photo: Sergei Bobylev\TASS via Getty Images

Russian President Vladimir Putin said Wednesday that his summit with President Biden was "constructive," and that the countries had agreed their ambassadors would imminently return to their posts in Moscow and Washington.

What he's saying: "Many of our joint positions are divergent but nevertheless I think both sides manifested a determination to try and understand each other and try and converge our positions," Putin told reporters at a press conference following the meetings, according to a translator.

Updated 2 hours ago - World

Live updates: Putin concludes press conference, Biden up next

President Biden met with Russian President Vladimir Putin in Geneva for less than four hours of talks on Wednesday, a highly anticipated summit that comes as both sides say U.S.-Russia relations have sunk to a new post-Cold War low.

The latest: At a press conference following the conclusion of the summit, Putin called the talks "very constructive' and announced that the U.S. and Russia's respective ambassadors would return to their posts.

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