Information circulating on the internet can provide you an in depth look at what happened, but as far as I'm aware this just happened in the last hour. During Shepard Smith's time slot on FOX News, the agency kept cutting back and forth from a live car chase that was ongoing in Tonopah, Arizona. It ended in tragedy.
In a clip posted by Buzz Feed, you can hear Shepard Smith narrating the events of the chase. The individual in question gets out of his car, runs a few yards forward, stumbling over himself before veering off toward the grass. He then pauses, looking into the distance, and withdraws a handgun. Before FOX News could cut away, the man shot himself in the skull, falling dead.
During the events of this you can hear Shepard Smith begging the news crew to cut away, saying repeatedly "Get it off, Get it off, Get it off". You can hear the news crew's own reaction to the suicide as well. The cutaway doesn't happen until after the gunshot, which Smith looks agonized at, as it goes out live over the air. Smith returned after the commercial break.
In the pursuit of news as entertainment, this is the consequence we have to live with as a society. Life, and death, is messy and inevitable. As long as we continue to blur those lines, this is what we have to anticipate. Along the lines of news as entertainment, we also have to consider Buzz Feeds role in this, since they chose not only to cover the incident but to post the video of the suicide itself. Although those links will inevitably be shut down off of YouTube, for now they're live, and it's one more media player complicit in making news coverage just another form of entertainment, one that can't always anticipate the awful results.
EDIT: Updated location from Templeton, Arizona to Tonopah, Arizona. Thanks to those in Arizona who notified of this.