Fox Business Anchor Suspended Amid Sexual Harassment Allegations

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Los Angeles (AP) -- A Fox Business Network anchor has been suspended after reportedly being accused of sexual harassment.

NEW YORK, NY - AUGUST 05:  "Varney & Co." host Charles Payne  reports on the stock market opening a day after a 500+ point sell off at FOX Studios on August 5, 2011 in New York City.  (Photo by Astrid Stawiarz/Getty Images)
Charles Payne.
Photographer: Astrid Stawiarz/Getty Images

The network said Thursday it suspended "Making Money" anchor Charles Payne pending an investigation, but didn't provide any details.

The Los Angeles Times, citing two anonymous sources, reported that Payne had been accused of harassment by a female political analyst who appeared on Fox Business.

In a statement, the network said it has a "zero tolerance policy" for any professional misconduct. It said steps are being taken to resolve the matter in a timely fashion.

An attorney for Payne didn't immediately respond to a request for comment Thursday night on the investigation by parent company 21st Century Fox.

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