Decision easterbrook, of course, took over as ceo in march of 2015 before todays move, the stock was up 96 under his leadership since he took over under that tenure, the company sold off many of its company own stores to franchisees and previeded over the launch of alldaybreak fast and mcdonalds named usa president the new ceo of the company but a lot to talk about there. Joining us to have that conversation right now about leadership change at mcdonalds, jeff simonfeld and cnbc contributor. This was a huge surprise, jeff clearly made a mistake but it was a consensual relationship and we now had a handful of these situations how do you read it well, we do see a trend here that of these roughly 90 ceos who left office last year is 40 of them was for misconduct we havent seen numbers that high 40 for misconduct and most of that misconduct was had to do with improper relationships at work but you make an important distinction, this was consens l consensual we say Harry Stonecipher at boei
The British Engineering firm cancels plans to make an electric car. Its the era of the influencer and not just celebs with massive followings. Well get the inside track on Influencer Marketing, which is attracting billions from brands. And as hmv today opens the worlds Biggest Record store the size of 12 Tennis Courts were asking can a record store survive in the digital age . When did you last buy a vinyl lp or cd . Let us know just use the hashtag bbcworklife. Hello and a warm welcome to worklife, our new business show, and we start with the gender pay 93p its no secret that a gulf remains in many parts of the world, between men and women on pay and career progression. Today marks the uns International Day of the girl which aims to highlight challenges faced by girls around the world and promote ways in which they can become more empowered. One area that clearly needs addressing is the imbalance between what men and women earn. Its estimated that the worlds gender pay gap last year w
Google and apple outperforming, while netflix and others have lag behind. A chief economics advisor is still with us. Martin, how much are these going to help power the s p 500 to another record . Martin i assume the Semi Conductor market has done better, and 5g, where rollout is important, and the trade negotiations are going to be a key issue, because the growth deceleration we have seen this year is tied significantly to trade friction. If we see a lifting of the trade friction, investment will return quite rapidly, and that will be very, very good news or the technology companies. Manus as far as the earnings season, i had a guest earlier. Earnings, a the slight touch of hunger, is going to hit the market . Do you think we are already priced in with an earnings dip going in . Ontin yes, the surprise is the upside rather than the downside. Trade slow four months. We have seen investment slow for nine months. We now have the labor market deceleration, and this is a key reason why we
Ranking executive to leave amidst the 737 max crisis. Nike names a new ceo. John donahoe will take over next year as the Company Looks to sharpen its technological edge. Shery first, lets get you started with a quick check of the markets. We are continuing to see pressure on u. S. Futures which are down 1 10 of 1 . This after we had the major indices finishing in the red. The s p 500 lost 4 10 of 1 . We had some weakness for the tech sector offsetting the rally we saw in energy companies. Oil jumped after the report of the opec plus discussing their cuts. The dow down to tenths of 1 , while the nasdaq lost 7 10 of 1 . We have uncertainty over what happens with brexit. We had key votes happen in the u. K. Parliament. We will discuss that later in the show. We also have a mixed bag of earnings when it came to those results out of the u. S. 1 5 of s p 500 companies are reporting this week. We have some solid performance out of united technologies, Harley Davidson but also disappointment f
Immunisation programme. Facebook is threatening our safety thats the stark warning from the home secretary, who is calling on the social networking giant to rethink its plans to make its messages more private. Sir rod stewart surprises the bride and groom whose dream wedding was nearly ruined by the thomas cook collapse. Andrew and sharon were here on the sofa with us last week. Well speak to them from las vegas. And ex hurricane crosses our shores but not going to realise it, most of us. But not going to realise it, most of us. For most cloudy days. Brighter later. Your forecast right here on brea kfast later. Your forecast right here on breakfast later. Its friday the 4th of october. Our top story its been another glorious night for british athletics, as Katarina Johnson thompson won heptathlon gold at the World Championships. She set a new british record in doha last night, breaking Jessica Ennis hills score from the london olympics. Her victory came 2a hours after Dina Asher Smith