(Want to get this briefing by email? Here’s the sign-up.)

Good morning.

Here’s what you need to know:

• Lights out for O’Reilly.

Bill O’Reilly, the top-rated host in cable news, will not be returning to Fox News after an investigation of sexual harassment allegations against him, the network announced on Wednesday.

Rupert Murdoch, whose family controls Fox News, had long stood by its star. In signing off on the decision, Mr. Murdoch proved that he is a pragmatist at heart.

Advertisers pulled out and protests flared after a Times investigation revealed payouts of $13 million to resolve claims of inappropriate behavior.