he transformed mcdonald's. doing badly and within his tenure he doubled the share price and took a lead on embracing technology. it struck at deal with overeats for delivery and they became incredibly important to the business. also now when you went to mcdonald's you may see digital kiosks that you can orderfrom, you don't have to see digital kiosks that you can order from, you don't have to go to the counter. he introduced those. he also brought some tech start—up companies involving artificial intelligence so he was looking to the future to see how this would progress within mcdonald's and what kind of money it could bring for them. his replacement, kempczinski, what we know about him? he was the former president of mcdonald's usa and was brought into the company by steve easterbrook. he was his mental and now he is replacing him. he did work with mr easterbrook on several of the developments so we probably will not see that much difference in his leadership. but they do have to tackle a few pr issues at the

mcdonald's has fired ceo steve easterbrook.se shares down 2.5% at this stage in the early extended trading session. now despite the drop in mcdonald's shares, futures are still higher this morning. if you take a look at the picture overall, the nasdaq up by 38, dow 85. the s&p hit a record high on friday treasury yields again a certain big focus for investors these days look at the ten-year note yield ticking slightly higher, 1.75% the last trade there, two-year note yields 1.r8% as well markets in japan were closed for culture day. look at the overall picture and it's green across the board. a half percent gain for the shanghai the hang sang up 1.75% the asian side of things very much in the green. european trading is exactly what we're seeing there as well the ftse 100 up three quarters of 1%. we will get back to the markets in just a moment, but first, a major shakeup at mcdonald's as the fast food giant ousts its chief executive. rahel solomon joins us now with all of those details good morning. >> good morning, dom so mcdo

you know he has been a really good to mcdonald's and i think you know mcdonald's has to from a p.r. standpoint their board has to stick to the policy so unfortunately he's going to be out of a job i don't think it's the right thing for the company as a whole because i think you have somebody who is doing a fantastic job so i'm sorry that they have this policy in the 1st place and i think you know the other guest brought up a very interesting point how would you know or are they doing this across the board or if it wasn't you know how would i rate the role i don't know that if it was my company i don't know if i would have a rule against relationships i think if the relationship is appropriate and it doesn't interfere with his eligibility to do their job it's none of my business as a company absolutely 100 percent not i mean this is a matter of fact grown i would prefer that my employee how can you work and if being in a relationship makes them happy that i prefer that they meet in a relationship together and that they both bring value to my company i live one of that wonderful hears

you're dating ronald mcdonald? no, the boss! ( laughter ) also wonder if the mcdonald's c.e.o.as strict in the bathroom as mcdonald's was about breakfast. if she got home late, she would be, like, i missed you, baby, let's go to bed. he's, like, it's after 12:00, we're not serving the sex anymore. also my ice cream machine just stopped working! ( laughter ) let's move on to another story in the news about fast food. have you ever noticed in the last few years they've added calorie counts to all the menus? you're not alone if not. >> you've seen the calorie counts added to the menu but do they help you watch your weight? >> a new study in the medical journal b.m.j. shows a measure requiring large restaurant chains display calorie information may not be changing choices as much as you might think. the study analyzed 50 million purchases over three years and found at first people were cutting back an average of 60 calories but, after one year, just a 23-calorie cutback, suggesting even with the facts right in our faces, it's not quite enough to make us think twice. >> trevor: only

operations for mcdonald's.e took over for the company when it recently missed earnings according to analyst expectations. mcdonald's wouldn't say exactly which policy easterbrook violated but if you look at the website, it is clear on a dating policy outlined, employees cannot date other employees that report to them directly or indirectly. if they do feel like they're in violation of that policy, they're supposed to report it to hr. easterbrook in a statement and email to employees acknowledges he made a mistake. he agrees with this decision. i step down, resign from the board. ultimately cost him his job. big shakeup today. neil: thank you, grady. ed rensi, former mcdonald's ceo, still actively involved in all things in that industry. ed, did this policy exist in the days you were there? for even all franchisees, that sort of thing? >> it did for a very long time. you know, mcdonald's has got a family image. we serve families across the country. we held ourselves to a very high standard. and, mr. easterbrook

mcdonald has entered a guilty plea.rious offenses, she is likely to bond out soon. >> when samantha leaves, it's like a test. all of which you said during your introduction and interview and our honeymoon period, now it's to put you to test. would you contact me? would you write me like you said you would write me? it takes determination. >> mcdonald isn't sure what will happen with gathers, but says her life needs to change. >> when i get out, i want to live with my grandmother, which is the best place for meo live, because she's really a christian lady. no drugs, no nothing. she will help me get on my feet. i'm ready to change. i don't want to live the lifestyle that i was living in. >>> coming up -- >> i talked to your boy. >> carlton solomon sr. visits his son and questions the system that's holding him. >> right now you're guilty until proven inoisn't. until proven inoisn't. i am totally blind. and non-24 can throw my days and nights out of sync, keeping me from the things i love to do. talk to your doctor, and cal

mcdonald's ceo is out.in premarket trading. it is set to cut about 40 points off the dow industrials at the 0e7ing of trade -- opening of trading. take a look, dow industrials are up 126 points, despite the mcdonald's news. it was up half a percent. the s&p is up 14, nasdaq up 48. there is optimism about a deal with china. any gain by the s&p 500 today and the nasdaq would break all records. the dow just 12 points away from an all-time high, a new record there. right out of the gate we're in record-setting territory for the major indices after the end of week rally last week was sparked by a strong jobs report and optimism over the u.s.-china trade deal. the s&p 500 and nasdaq closing at all-time record highs on friday as you can see there, one and-a-half percent higher last week on the dow, and the s&p, and the nasdaq was up one and three quarters percent. checking on the global markets, take a look at the european indices, higher across the board. as can you see, the fq100 is up 78, better than 1%. there

and mcdonald's shouldn't trade at 35 times even if the u.s.s comps are oh growing at 5.of 6% there is a limit to what people will pay the rotation in the market is everything about this stock. >> if you see a rotation out of starbucks and mcdonald's shouldn't we see similar rotation out of proctor and gamble let's say. >> maybe you are starting to because people say if the market is value rally why do i need these ridiculous value stocks when i can get fedex. >> can i say. >> you are why even ask. >> there is a stock today i think november 1st saturday, second november 4th monday shake shack reports after the bell. >> uh-huh. >> if you look it's round tripped as breakout from august back down to the $80 level now tim is right valuations matter. and the valuation is this is ridiculous but 19% short interest one has to wonder that if shake shack says anything remotely god on monday will you get a move to the upside i think you may. >> you worked at shake shack some time. >> i did i was absolute the disdain in your voice. >> is this non-material

mcdonald's declined to comment further. r "nightly business report," i'm kate rogers. >> one more ps, mcdonald's seld that sterbrook is eligible for six months of severance pay. >> so what does it mean to you as a shareholder when a sikh makes a suddenepture? eric gordon joins us, a professor at the law school of business to talk mout this. . good to see you again, eric. >> hello, sue. >> let's sta o first wall what an investor -- what questions should an investor be asking about this situation when a ceo departs. >> the first thing they should ask i who is going to be the new ceo? onald's we know they auns noed it right away. whoyou want to find out that is. if there is an interim, you're going to be even more worried as an investors. once you know who the ceo is, you want to find out is this ceo going to makak big changes or stay thew course? o you think about them? sort of fate goes with t new ceo. so thahis the first i woul ask: >> you know,ist just seems lately there haveeen a whole slsl of ceos who have left their com

you can also say mcdonald's. this affecting the markets especially as we close in on record highs >> it seems the market is ready to treat every one of them as a one off thing. i think certain things happen toward the latter part of an expansion cycle like the ceo says we did what we could with what we have to work with. and we're going to back away with it. that's nike or something like that then under armour, scrutiny happens again. latter part of the cycle beyond that, the market is not taking it as any particularly bad sign about the economy or anything else. >> we're at record highs given that >> a little bit. yeah i mean, again, a lot of it is recency. we're seeing a lot of these at once it doesn't seem like a big percentage of the big companies that are undergoing turmoil. >> all right brian nagel, thank you for joining us we have less than eight minutes until the close. we'll get quarterly results from uber josh lipton has a preview for us >> here's what to expect from uber q3 loss of 81 cents per share o

he's brought mcdonald's into the future. i guess credited with rolling out these kiosks in what he called the restaurant of the future and also giving back to shareholders, they gave back 100 billion dollars in stock repurchases and also dividends as well. >> you don't he -- you think he -- >> i think he was good for stockholders. on an ethical basis yes maybe he had to go because of the contract he signed. >> i think a lot of this comes from the fact that mcdonald's franchises has had a lot of problems with sexual harassment lawsuits and the company as well. you know, as you mentioned, they have ones of thousands of employees -- hundreds of thousands of employees and they had this as a problem. they instituted a rule. the ceo knew about the rule and was probably party to putting it into place. i think they had no choice but to fire him. the question is, is this a reasonable policy? i think jonathan's spot on. these kinds of relationships, where someone is reporting to someone else. someone has control over their compensatio

stuart: you used to run mcdonald's. you were the ceo of mcdonald's.cdonald's on the grounds that they are being put at risk because of violence in the workplace, violence in the area surrounding those mcdonald's stores? how do you run a fast food operation in a high crime area when you are going to be sued by your own employees? >> well, the reality of it is this is ed's opinion, i think this is all about trying to unionize mcdonald's restaurants. they have been after mcdonald's and other fast food restaurants for the last 20 years, trying to collect dues from these folks that are getting entry level jobs. the violence in chicago is staggering. there were more people killed every weekend in chicago than there were in the three mass murders we had in texas and dayton, ohio. it doesn't get any publicity because they got a democratic mayor, a democratic council, democratic governor, and they ignore the problem continually. those mcdonald's restaurants in those communities are the only place where people can get a decent meal, have a job and earn a decent

mcdonald's pretrade is down 2.3%.rg. ♪ ♪ >> you are watching bloomberg surveillance. i am viviana hurtado. let's get your bloomberg disney/. shares of under armour are plunging. they disclosed federal officials have been investigating its accounting practices for more than two years. the revelation comes as the founder stepped down in january as under armour's ceo. a record quarter for berkshire hathaway. the package food giant delayed reports in its first half numbers. that is your bloomberg business flash. lucyine: we are back with and rick. we talked about trade and trade concerns. a little bit of optimism on things to come. let's talk about earnings. lucy, you watch earnings day in and day out. what does the last season bring? how have the margins held up? -- have the margins held up? >> overall. some of that has been trade and some of that has been from wage pressure. certainly among the consumer end of it, the estimates were fine. companies made most of the forecast. down.e basics, it was not really disappointin

division for mcdonald's.on around who this relationship is with, the fact that it was consensual, the fact that easterbrook was divorced. that said, there is inherently an imbalance of power. nobody is equal footing. i think the company decided they need to act swiftly. ed: he is also on the board of walmart. you think he keeps that board seat? anne: we have not heard yet. walmart, much like mcdonald's, much like all of these big employers are trying to take a hard stance on things like sexual harassment, inappropriate workplace relationships. mcdonald's revamped its harassment policy earlier this year after a series of groping issues at the franchisee level and also people getting in trouble for speaking up, for retaliation. no wiggle room for error here. alix: the market loved easterbrook. i can show you comparable same-store sales growth. he did well for mcdonald's shareholders. anne: a bloomberg intelligence analyst said that arguably easterbrook was the best ceo in the restaurant industry. it will be a t

they believe the mcdonald's system is more than just one man.s' rights group which has been critical of mcdonald's in the past saying in its words it's clear mcdonald's culture is rotten from top to bottom based on this, i guess. a lot of employees are there not sure we really need to -- anyway joining us with more reaction to mcdonald's firing its ceo, eric dezenhall of dezenhall resources and cnbc commentator mike santoli. that's a little bit of a stretch, i think, eric, but it does tarnish the company to some extent let's talk about what it means for shareholders and in general. i go back a long way with jeff sonnenfeld talking about all the ceo turbulence at mcdonald's and there were a couple of unexpected deaths, if you remember. >> right. >> people that didn't seem really to fit into the long-term strategy of the company, that didn't succeed as ceos the company does keep plugging away -- >> that's right. >> -- in terms of results. is that what we should assume? it's not about one person. he was a pretty good executive, this guy he turned i

. >>> controversy under the golden arches the ceo of mcdonald's fired over an affair with an employee what the move means for the future of the fast food giant. >>> the ravens soar past the patriots to ruin theirts from ag sunday nht olivia newton-john's iconic e" oasfit makes a killing at the auction block "early today" starts right now >>> good monday morning. i'm phillip mena >> and i'm frances rivera. with the impeachment inquiry gathering steam on capitol hill president trump is lashing out at the whistle-blower, calling on the person who set the investigation into motion to go public the whistle-blower's lawyer says that won't happen but in a surprise move said his client is willing to answer written questions from republicans meanwhile, house speaker nancy pelosi says to expect public impeachment hearings to begin this month nbc's kelly o'donnell has more >> reporter: a new twist on the trump impeachment strategy go afterittle-owers. >> the whistle-blower should be revealed because the whistle-blower gave false stories. where is the second whistle-blower >> reporter: as to his

i will point out there was one downgrade on mcdonald's.mcdonald's when he came in. he turned the company around. he is not the first one david to have done that. these days, these ceos become such celebrity figures themselves. hard to imagine the companies operating without them? >> you're exactly right, charles. there are certain stories that we've seen in corporate america play out where the company ceo has been an actual turnaround specialist. they have taken a company that was flawed in their business model. they have not only improved in execution, but designed a strategy. mcdonald's is incredible story. basically 100% gain of the stock price since he came in. building off of momentum, also fixing things that were really problematic. you need more ceo talent like that. one of the reasons it is particularly frustrating for us as mcdonald's shareholders to see this kind of failure of judgment. charles: talk about some other names, particularly widely-held stocks viewers. if i say cook, apple, benioff, amazon, jamie dimon jpmorgan, bob i

the global fast food chain mcdonald's has fired its chief executive for having a consensual relationship with an employee in a statement the fast food john's board said steve easterbrook had vanished company policy and showed poor judgment company policy forbids managers from having dramatic relationships with subordinates mcdonald's shares have almost doubled since easterbrook took over in 2015 he lost to leave the board of directors as. a kid ferguson from his business desk joins me for more on that story welcome good not this relationship was consensual why then was to leave well as you mentioned just there mcdonnell the rules do prohibit managers from having any kind of relationship of a sexual nature with subordinates easterbrook as the c.e.o. of the company by definition can't have a relationship with anybody at work. and we don't know if this person in question was a fellow high ranking executive or if maybe the person was a flipping burgers but what we do know is that the reason that these rules are in place is to prevent abuse of power and if you think about the fact that steve

more fallout at mcdonald's. another top executive is out.nd a heart-stopping last-second rescue from a speeding train, and it was caught on camera. and it was caught on camera. after my dvt blood clot, i wondered. could another come around the corner. doctor recommend eliquis. differently?f. eliquis is proven to treat and help prevent another dvt or pe blood clot. almost 98% of patients on eliquis didn't experience another. and eliquis has significantly less major bleeding than the standard treatment. eliquis is fda-approved and has both. don't stop eliquis unless your doctor tells you to. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. if you had a spinal injection while on eliquis call your doctor right away if you have tingling numbness or muscle weakness. while taking eliquis, you may bruise more easily. and it may take longer than usual for bleeding to stop. seek immediate medical care for sudden signs of bleeding like unusual bruising. eliquis ma

the ceo of mcdonald's fired for having an affair with an employee. one of the most recognizable family brands in the world now caught up in the me too movement. >>> the president on the attack. his strongest words yet against the whistle-blower who warned about the ukraine call. >> it was like a big anti-trump person. >> as he promises new information on another witness, the decorated veteran who gave damaging testimony last week. >>> outbreak. at least one person dead, more hospitalized from salmonella poisoning in multiple states, the cdc now linking it to ground beef but they're not sure where it came from. what you need to know. >>> possible hate crime in milwaukee. immigrant said a stranger threw acid in his face, yelling at him to go back to his country. >> this cannot happen in america. that's not right. we need to stop this. >>> the shipwreck that famously sat atop niagara falls for 100 years suddenly knocked loose by a storm, but will it go over the edge? >> announcer: this is "nbc nightly news" with kate snow. >>> good evening. we begin wit

. >> o'donnell: a cbs news exclusive: a mcdonald's worker tells us why she's suing the fast-food giant over sexual harassment. >> i felt like i was alone and nobody was fighting for me. >> o'donnell: and "profiles in service": turning combat veterans into scholars. >> this is the "cbs evening news" with norah o'donnell. >> o'donnell: good evening, and thank you so much for joining us. we begin with the dangerous deep freeze that's affecting more than 200 million americans. for half of them, it's about to get much worse as it widens and tightens its grip. from the great lakes to new england, millions are digging out from deep snow. 30 inches piled up in northern michigan. east of cleveland, cars and trucks collided on an interstate during a snowstorm. at least five people have died on icy roads. nearly 150 cold weather records were set today, including lows of five degrees in springfield, illinois; and 25 degrees in waco, texas. dozens more records will be shattered overnight, and david begnaud has made his way to the hardest hit state, and he leads off our coverage tonight. >> reporter

an undersea year with john mcdonald has fallen at over a consensual relationship with an employee always being a corporate crapped out on the dating in the workplace and german football champions manjunath former coach nico kobayashi the top such as its worst in defeat in over a decade we'll look at who's in the running to take his place. on how the humphrey glad you could join me germany is celebrating the 30th anniversary of the fall of the berlin wall which happened on the 9th of november 1989 today kicks off a week of celebrations with 200 events exhibitions and art works like here at the brandenburg gate this 150 meter long installation is made up of 100000 colorful streamers with messages written by germans floating a joint wave right in the center of. and just 2 kilometers away alexanderplatz but in many had not i will be officially launching the festival we can that is where our chief political correspondent melinda crane is standing by for us melinda what is happening today where the mayor will inaugurate to this commemoration of the fall of the berlin wall it's being billed as

plus the chief executive officer of the fast food giant mcdonald's is fired over a consensual relationship with an employee is it a sign of progress in the me to iraq or will some people find this again hard to swallow. hello and welcome good to have you with us i'm on the sheema the indian government is being forced to take radical steps to cause pollution in the capital delhi the move comes a small global reach home full to levels which a harmful to human health schools have been closed in half the city's cars are being banned each to. from taking to the road residents are also being told to stay indoors to avoid the toxic evolution. that's not far gone obscuring delis wide avenues but a thick soup of pension exhaust industrial emissions and wood smoke even the sun struggled to burn through the murk. much of the smoke comes from agricultural areas upwind from the city where farmers burn the stubble on their fields after the harvests 1st pump but only goodwill we can't decrease the smoke from stubble burning today because it is already spread but we can at least reduce sources of pollutio

and the chief executive officer of the fast food giant mcdonald's has fired over a consensual relationship with an employee is it a sign of progress in the me to iraq some people find it hard to swallow. plus we just wanted to go before the next presidential election in the u.s. did johnny winter a town in rural wisconsin considered a bellwether of the political mood so what are the locals there predicting. out of a bowl welcome to you. this is demanding political reform in lebanon have blocked roads across the capital beijing demanding an end to corruption and calling for president michelle him to step down the protests have been going on for more than 2 weeks and led to the resignation of the government last week but now supporters of the system and off the president have also taken to the streets. brought to help our allies a country they say just isn't working these anti-government protesters have little confidence in the future accusing the government of not only corruption but also incompetence. we are escalating our protests because we don't trust this corrupt government they're neg

former mcdonald's u.s. president responded to easterbrook's departure on neil cavuto's show today. >> this is a bad relationship when a superior is dating a subordinate, because everybody gets hurt. the stockholders got hurt today, the employees got hurt, the reputation got hurt, easterbrook's going to walk away with a lot of money but he was terminated. you know, nothing's good going to come out of this except it ought to wake people up and do what's right. reporter: we should point out, though, mcdonald's stock doubled while easterbrook was at the helm of the company, though the company did come up short in third quarter earnings. the man taking over now has been with the company for years, most recently overseeing u.s. operations. he's got a lot of challenges some of your previous guests talked about, like the competition with delivery and trying to get more foot traffic into the restaurants here. liz: tough day for mcdonald's shareholders, particularly because the market is having such a great day. than

but franchisees, who own 95% of mcdonald's u.s.taurants, aren't required to offer this training. mary joyce carlson is a labor lawyer who represents women suing mcdonald's. >> to me, jenna ries is just as valuable and the jenna ries' of their corporation should be valued as much as the c.e.o. >> reporter: anna werner, cbs news, detroit. >> o'donnell: coming up next, how this catholic bishop just made history. managing type 2 diabetes? dimitri's on it. eating right and getting those steps in? on it! dimitri thinks he's doing all he can to manage his type 2 diabetes and heart disease, but is his treatment doing enough to lower his heart risk? [sfx: glasses clanking.] sorry. maybe not. jardiance can reduce the risk of cardiovascular death for adults who also have known heart disease. so it could help save your life from a heart attack or stroke. and it lowers a1c! jardiance can cause serious side effects including dehydration, genital yeast or urinary tract infections, and sudden kidney problems. ketoacidosis is a serious side effect

this man was a mcdonald's store managerfor ten empire.s everybody knows the rules. when i worked there you are not allowed to fraternise with colleagues. do think that's a reasonable rule? yeah, yeah, when you work there, it can go a bit... not everyone agrees. i don't think there should be rules against it, because you spend time with people you work with, you are going to meet someone there, aren't you? i know people who meet in offices, no problems at all. you can't help you fall in love with, can't help you fall in love with, can you? in recent years mcdonald's has faced hundreds of complaints about sexual harassment at work. since the metoo movement they and other big companies are keen to stamp out the idea of workplace harassment. lots of companies have 110w harassment. lots of companies have now decided to introduce relationship policies, but they are all a little bit different. everyone from tesco to the nhs to google and facebook, some completely ban managers having a relationship with their staff, whilst others say it just has

mcdonald's ceo out over an improper relationship. how does it affect the company's strategy of investing in tech? and, it is one year until the presidential election and states are struggling to update election systems. what it means for voter privacy and election security. uber is out with earnings and it is not a pretty picture. shares falling in afterhours trading on monday. growth bookings missed estimates. also light of estimates, uber eats and monthly active platform consumers. we want to bring in tom white, analyst with da davidson, who makes a market with uber and lyft. someone said he is a little bit surprised by the reaction given that they are a little bit more positive than negative. your take? >> i agree. when you look at the top line numbers, the revenue number was really strong. what the rates tell you is that uber is cutting down on subsidies and showing the improved take rates for both rides and eats. rides growth, booking growth, revenue growth all in line is a sign that they are focused more on profitable revenue g

coming up, a flurry of change at the top of mcdonald's.ow a new ceo could affect the fast food chain's recent push into technology. this is bloomberg. ♪ ♪ shakeup at thete top of mcdonald's leave investors wondering how it will affect the company's strategy. from uber eats to kiosks in stores, the ousted ceo steve astor brooke -- steve easterbrook had a vision for the giant and dedicated a lot to innovation. it will be up to kempczinski to keep tabs on the efforts at the restaurants. with more, morningstar strategist, joining us from chicago. given that we are a technology show, really focus on those key innovations that mcdonald's had made, how much of the growth in the past few years really hinged on those investments in technology? >> i would say it was a major driver. i would not say it was completely dependent on technology but it was a major part. you have to factor in things like simplification, putting company stores in the hands of franchisees, but if you look at the velocity drivers, things like the kiosks in the stores, mobile o

now let's get to mcdonald's.ee. what's wrong with that? ashley: the way you read in leads me to believe you don't agree with this. stuart: i'm waiting for your report. ashley: because, this is my take on it, if you sign on as ceo of mcdonald's and there's a clause in that deal that's kind of like, that says you may not date anyone equal to you in the company, you're ceo, or below, it's against company rules, and he does it, what do you expect? you know, he broke the rules. what's frustrating about this is we don't know any other details other than he admits it was a mistake and they said no, what you did was in violation of your contract. now, he's going to get six months' pay, 26 weeks. he earned $1.3 million in salary last year, another $15 million in stock option awards bonuses. stuart: still seems like -- ashley: you think it's harsh. stuart: i do. i really do. plus i don't like to see the end of the office romance. people fall in love all over the place. why can't they fall in love at work any longer? lauren

you.e: thank mcdonald's shares down more than 2%.iredeasterbrook after having a consensual relationship with an employee. let's bring in nicole miller regan who has downgraded her rating from neutral and cut her price target. she joins us now on the phone. the policy violated here was not having a relationship with somebody's subordinate, right? does this move our rate up and down the chain as mcdonald's seems like a very quick decision that could have widespread consequences for the rest of the employee base. the consequence is understanding that it doesn't matter what happens, simply policy was violated. this is always a time to take a pause as an investor. without a new operator a normal succession plan being thrown into the mix who will be fine, but there was always unintended consequences. for that reason alone, the stock is likely to be --. vonnie: at this point, is there anything easterbrook can do? he is barred by going to any other place by a noncompete. most restaurants and chains you might think of, even starbucks and 7-el

. >> fired, the scandal that cost the ceo of mcdonald's his job. ousted after a consensual relationship all that plus walking free the largest mass release of prisoners in u.s. history why more than 500 inmates in oklahoma are set to go free today. never alone, never forgotten an nypd widow's emotional journey. running the new york city marathon to honor her fallen husband. >> it's beautiful. i just wish one more person was here with me. >> undefeated no longer. the baltimore ravens handed the reigning super bowl champs their first loss of the year today monday, november 4th, 2019. >> from nbc news this is "today" with savannah guthrie and hoda kotb. >> welcome to today what a night. sorry pats we have some pats fans here. >> let's get right to the top story. the president going after the whistleblower whose complaint lead to the impeachment investigation against him. we have two reports from washington we'll start with hallie jackson. good morning. >> good morning. let's start with the whistleblower because that person is now offering to answer wr

let's get the story. >> reporter: mcdonald's corp.mmediate ousting of steve easter brook. this comes after officials say he violated company poll sigh by entering into -- policy by intreenteringinto a relationshin employee. the board of directors conducted a review of the violation before voting on his removal. in a statement they say his decision of to conduct this relationship demonstrated poor judgment. easterbrook said, quote, given the values of the company, i agree with the board that it is time for me to move on. easterbrook served at ceo since 2015. corporate announcing the former president of mcdonald's usa, kim kemshinski will immediately take over as the ceo. mcdonald's saying, quote, chris takes the reigns of this great company at a time of this company at a time of strong performance. officials are set to release details of the separation package monday. the company recently reporting a 2% drop in net income for the third quarter, saying the change in leadership is not linked to the company's financial standing. in new yo

there's been a swift change at the tom of mcdonald's. the ceo is out. nbc's blain alexander has more. >> reporter: a major shake-up at mcdonald's with the company announcing it has fired ceo steve easterbrook because of a relationship with an employee. in a letter to all mcdonald's staff easterbrook says the relationship was consensual but he violated company policy, writing this was a mistake. given the values of the company i agree with the board that it is time for me to move on. mcdonald's announce the change writing ena statement the board determined easterbrook demonstrated poor judgment. >> mcdonald's is clearly trying to nip this in the bud before it becomes a huge story. >> reporter: he's been at the helm since 2015 and overseen major moves in the company. he talked about the shift in an interview with cnbc last year. >> we tried to evolve the business in a really meaningful way the last twoe or three years. >> losing a person really behind the reputation push pushed to update mcdonald's reputation is going to be very, very interesting. >> repo

mcdonald's would not say which ruled that he broke.yees cannot have a relationship with another employee who reports to them either directly or indirectly. mcdonald's reiterated that this decision was not related to the financial performance of the company. in fact, it has done quite well under easterbrook. the stock doubled while he was the ceo. he started back in 2015. his replacement has already been named. he was previously in charge of all u.s. operations for mcdonald's. >> neil: thank you very much. essentially it comes down to this. kicked in the bonds even though he sold a record number of bonds and lots of other stuff at mcdonald's. for steve easterbrook, it is over. in the form of mcdonald's, it spelled out in the company is handled. >> any time a severe officer of the company is dating a subordinate has a adverse effect everybody around them. other people in the company say, as that person getting an advantage because of the relationship with the boss or what is going on? it is just and appropriate. in this day and age, it i

how big of a loss is this for mcdonald's? seems like it is a big loss because steve has been regarded as one of the best if not bid best ceo in the restaurant segment of the stock market. he was the mastermind behind mcdonald's production of all day breakfast over the past couple of years and has really started to remake the burger company, the big mac company into a tech company. mcdonald's has bought some tech startups. the kind of companies that are helping them to target market -- do target marketing. also heat up lines with -- and beat up lines with voice recognition. easterbrook has been the spearheading that. there are few companies in the s&p 500 that have done better than mcdonald's over the past four and a half years. people are very much on alert to see if there will be any downgrades or just how the market will respond on monday to this news. haidi: it is a big loss in terms of the performance of the leadership. is there a deep bed of talent where they can have the next day in terms of his replacement? it is commo

mojo per share he adopted it. >> well, the mcdonald's story and there is under armour.eat with the quarterly results, cuts the full year guide on revenue alone. the stock is getting hit as the company does acknowledge it has been cooperating with the s.e.c. and doj in a probe with the accounting practices kevin plank is set to step down as ceo in january. you said something on twitter about how this now makes sense, how everything at under armour makes sense. >> stock is under a lot of pressure quarter wasn't great, but the stock was actively -- i'll tell you, here is an interesting thing, that they'll deny completely that's what people do. the fact that they didn't reveal this earlier is -- >> they only -- we commented on it as a result of the journal story. it is not in their earnings release. >> that's great. the justice department is crawling all over their office and they don't release it until today. what do you think, that's some sort of -- hey, that's a december closeab decloseable event. the stock has been getting hit. >> how does a company not disclose some so

mcdonald's stock would not be down 3%.hey ran out again. melissa: i love the idea. i think the mcdonald's thing is more than meets the eye what we're being told on that story. with popeye's last time they gave out the chicken, bring your own bread. they ran out. chicken is very popular at the same time we're talking about all the fake meat. >> they promised to have supplies, that they're not going to run out this time. melissa, i've been hurt before, okay? i'm not sure i'm ready to get back on that line again. i might give it a couple days, watch, see what happens. melissa: you can probably live without your chicken. >> we'll see. melissa: we'll see about that. jack hough, thank you so much. >> thank you. melissa: more coming up from pennsylvania in a moment. connell? >> we'll be looking, melissa at the politics of the swing state economy from a little bit of a different angle, what edges the can date over the finish line in minds of voters in important state like this one, personality or performance? swing state economy,

mcdonald's. the food came i was there this morning. >> tucker: was at mcdonald' mcdonald's?we have pizzas, we have threaded hamburgers, many french fries, all of our favorite foods. i want to see what is here when we leave. i don't think there's going to be much. >> it wasn't exclusively mcdonald's but mcdonald's was represented. you're right. you still win because mcdonald's, wendy's, and what was the last one? burger king. so it was an ecumenical. >> i just know carlos owns the mcdonald's they gave the food to the white house. >> tucker: so impressive. it's a shared victory. it really is a victory for your family. we are profoundly on the show. our erik wemple commemorative mug is awarded to you, rachel. congratulations to you both. >> i went and watched the episode that you had with him on it. it's great. >> tucker: when i am feeling sad i pull out that file. the national game show commission has demanded a roundup of our best animal related final exam questions and of course we had to oblige. that's next as our special continues. - [narrator] meet the ninja foodi air fry

also ahead in the program this hour mcdonald's followers of all of its most successful c.e.o.'s ever after he admitted stopping a consensual relationship with a colleague or gas the bait the subject of so many inappropriate a 1st in the workplace. you know being a c.e.o. i don't know how much time this guy had on his hands to meet people but do you know the world we live in this is an arab.

the fact that this is mcdonald's, one of the biggest companies aroundhe world, that this is the mcdonald's ceo, i think the board's willingness to say no matter what he is worth to us as a company, we cannot afford politically and otherwise to let this stand. it does speak to the fact that women are hang an impact when they are speaking up about sexual harassment, sexual asult in the workplace, and other places, that there is to more culturarance for this behavior. even the most influential and wealthy among us will be laura: and yet so many people in america meet their partners at work. are all workplace relationships going to be problematic? wendy: i hope not. hthat is where i met band. he was my boss. no,sa the m is very simple, that you can and should feel comfortableia szing and even dating and franklyme marrying e you meet in the workplace. the issue is are they also controlling your career? do they have influence over your futuren that company? if you meet someone and you love them and y are dating and you want to take it further and you have thatbl p, in the sense that one of you i

the group of employees say mcdonald's has failed to protect them from violence in the city.it but released a statement in part saying the company fosters a safe working environment for all employees. >>> massachusetts lawmakers have passed a groundbreaking ban on the sale of flavored vaping products and tobacco including menthol cigarettes. the bill would place a 75% tax on vaping products and require health insurers including the state's medicaid program to cover tobacco counseling. the legislation heads to the governor for approval. in september the governor of massachusetts declared a public health emergency and ordered a temporary ban on the sale of vaping products. >>> meantime, there's a recall alert involving certain salad products that may be contaminated with e. coli. at least 17 people were sickened. the department of agriculture says missa bay llc is recalling more than 75,000 pounds of salad products that contain meat or poultry. the products were sold between october 14th and october 16th in more than 20 states. authorities say health officials tested an unopene

. >>> big changes for mcdonald's.f executive and they say he violated and the details are on new leadership taking over at the golden arches. >>> say good morning. >> good morning to your both. coming up, the warning from health officials where people with had the measles. why you could still be sick even after the fever subsides. coming up next, that story and more. this percussion sensation will be here in the bay area and we are back after the break. >>> a catering company behind an event featuring kanye west is taking responsibility for the food that was offered after a picture of the front plate went viral. west and his services performed at the annual "brunchella" event on friday. the performance itself was free and the meal cost $55 and it is a fundraiser. they posted a picture of the meal to social media. two pancakes, sausage patties and skinny pieces of bacon. it was $55. it went viral a middie compared it to the food served at the failed fyre festival. the catering company tells them that kanye west had not

and mcdonald's is one of those companies. got some buying to do here. >> he's either got some buying to do. or there may be a way and i'm not some corporate governance expert, to take his compensation in stock or in options or accrue them in that way but what i thought was funny is when i first found out that -- where he sold it, i thought to myself, wait, that was when mcdonald's was at a record high. that was the record high for the stock. >> it seems like he has some explaining to do why did he sell then it raises the question, what is his long-term confidence in the company? and i mean, one thing i noticed in the company's i cover is if you ever see a sale that is not part of a preplanned selling plan, you always raise a question about that. >> those preplanned things you can always fall back on that, angelo. >> angelo, remember, that's why he was -- i mean, those things are -- and this brings to mind the ceos who would raise fanfare. i bought x number of shares at this point you know, it's not -- they're not being -- >>

like he knows ronald mcdonald. >> steve: ron mcdonald >> jimmy: but we gotta think of what song are we >> questlove: what are we gonna do >> jimmy: for the parade i was thinking like -- >> questlove: the bird >> jimmy: you do, like -- yeah you do like -- or you could do a holiday song or you could do just any song really we did "we will rock you" one year >> questlove: yeah we did "let's go crazy" one year >> jimmy: we did prince. yeah, we did -- did -- i was thinking maybe we have zog, who's our great comedian and - >> steve: the warmup guy - >> jimmy: and writer for the show yeah, but maybe if we have zog dressed up as a turkey [ laughter ] with a surf board and we do "surfin' bird. [ light laughter ] ♪ well everybody's hear about the bird b-b-b-b-bird bird bird bird is the word ♪ ♪ the bird bird bir the bird is the word oh well the bird the bird ♪ that'd be a good one, right? >> steve: i love it. >> jimmy: it'd be kinda fun. all right, well, anyways we'll think of what song we're doing and i'll let you guys know [ cheers and applause so you can root for us we'll be on the entenmann'

and mcdonald's sacks its chief executive for having

she claims mcdonald's never provided safety training or offered any trauma support.(anchor) taking a live look outside... at san francisco's embarcadero. (vicki) you might want to rethink some of the things you reach for when it comes to feeding your kids. according to a new study- 98-percent of toddlers too.much colder tuesday and much colder too. (vicki) you might want to rethink some of the things you reach for when it comes to feeding your kids. according to a new study- 98-percent of toddlers and two-thirds of infants consume added sugars in their daily diets. which as far as the american heart association is concerned, is 98-percent too many. it recommends children under the age of two stay away from all added sugars, including sweeteners that don't occur naturally in food. (vicki) and twitter is now letting its users censor some of the replies they receive on their posts. today the company announced it is rolling out a feature that allows all users to hide unwanted replies. to use the feature-- users just need to tap the gray icon that appears on a post... the

employee which violated mcdonald's policies.his was a mistake given the values of the company. i agree with the board that it is time for me to move on. in response a workers' rights group criticized mcdonald's for waiting too long to address what it calls a sexual harassment problem at that company. >>> now to the race for 2020 and the focus on health care. elizabeth warren unveiled her medicare for all plan, but she's sending conflicting messages on who would pay for it. over the weekend she said only billionaires would pay for it, but on friday she said only the top 1%, which is a much larger group, the majority of whom are not billionaires. the other democratic candidates are challenging both her plan and her math. >> do you see any challenges with getting it through? what is your message to your rivals? >> if somebody else has a better plan to deal with that $11 trillion that families are going to pay over the next ten years, then they should put it out. >> well, the math is certainly controversial. again, there are variati