Ailes' departure poses unexpected challenges for Fox

July 21, 2016 10:30 PM

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Roger Ailes’ reign as its chief executive came to an ignominious halt Thursday in the wake of allegations of sexual harassment from former Fox host Gretchen Carlson and from other women.

On the business side, though, Ailes, 76, is arguably leaving at the top of his game. Ratings at Fox News, a subsidiary of 21st Century Fox, are higher than ever, fueled by its confident mix of coverage of the ascendance of Donald Trump and ceaseless bashing of President Obama. Profits are rolling in...

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