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'Making Money' host Charles Payne suspended from Fox Business Network
July 7, 2017 / 1:51 AM / 5 months ago

'Making Money' host Charles Payne suspended from Fox Business Network

(Reuters) - “Making Money” host Charles Payne was suspended from Fox Business Network, a company spokeswoman said on Thursday.

FILE PHOTO: People walk by the Fox business studios in the News Corporation headquarters in Manhattan, New York, U.S., April 29, 2016. REUTERS/Brendan McDermid

The spokeswoman said Payne had been “suspended pending further investigation” and rotating sub-hosts would fill in on the Twenty-First Century Fox-owned cable network (FOXA.O) .

Payne did not immediately respond to a request for comment.

    Media reports from BuzzFeed and Variety surfaced earlier on Thursday attributing the suspension to allegations of harassment. bit.ly/2sSwgaH

    The company did not immediately confirm whether Payne was suspended over the allegations.

    Fox’s spokeswoman said in a statement: “We take issues of this nature extremely seriously and have a zero tolerance policy for any professional misconduct. This matter is being thoroughly investigated and we are taking all of the appropriate steps to reach a resolution in a timely manner.”

    In June, Payne signed a multi-year contract to continue as host of “Making Money.”

    Reporting by Shalini Nagarajan and Sangameswaran S in Bengaluru and Jessica Toonkel in New York; Editing by Peter Cooney

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