Ouch: Fox News reaches $787 million with Dominion

Fox News settled with Dominion Voting Systems on Tuesday for over $787 million in what would have been a historic defamation trial in a Delaware court.

Why it matters: The 11th-hour settlement protects Fox executives from having to possibly testify in court about their role in the network's airing of 2020 election lies.

Details: "The parties have resolved their case," Delaware Superior Court Judge Eric Davis said to the jury around 4:00 p.m., ET, more than two hours after opening statements for the trial were slated to begin.