Tucker Carlson's exit causes Fox stock decline.

Fox Corporation's shares dropped over 5% after announcing the departure of top-rated host Tucker Carlson, who drew more than twice the audience of his competitors in the same hour. Carlson's abrupt departure comes less than a week after Fox reached a $787.5 million settlement with Dominion Voting Systems in a $1.6 billion defamation case over the network's coverage of the 2020 presidential election. Carlson is also facing allegations from a former employee about the network's "toxic" work environment.