Fox News and TheStreet.com Reach Settlement on Lawsuit
The Fox News Network has settled a lawsuit against TheStreet.com and its co-founder, the hedge fund manager James J. Cramer, after the financial news site canceled a program on the Fox News Channel, a cable channel.
The terms of the settlement include a promise by TheStreet.com not to produce a similar show for another network before May 1, 2001. Mr. Cramer promised to make only occasional appearances on other networks until then.
