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
Q2 is at 10 the president says markets would crash if impeachment moves forward. Plus, vaping fallout Philip Morris joining us after calling off merger talks and shares of beyond meat soars, as mcdonalds begins testing, the plt, a tomato burger. The house impeachment inquiry remains in focus futures are pairing their gains as the house releases the whistleblower complaint. Joseph maguire is set to testify on the hill, before house intelligence well keep you apprised of headlines for that the president did retweet a comment this morning, suggesting that the markets would crash, if impeachment happens. The history of when clinton was impeached is one of the first day tech was down, 4. 5 . Nasdaq, after that, it was the greatest buyup effort. Im not going to buyin if the markets crash. I would buyin if he was convicted by the senate. You need twothirds of the senate i feel like where we are here is like, the whistleblower you know where were back to were back to one of the situation where
And impeachment inquiry as the Fourth Quarter gets under way. Plus, no force can stop the Chinese People, president xi commemorating the 70th anniversary of the Chinese Communist partys rule, this as violent protests in hong kong ramp up. Facebooks Mark Zuckerberg rallying employees against critics, competitors, and president ial hopefuls, like senator Elizabeth Warren first up, though, investors looking ahead as we begin the Fourth Quarter after a volatile q3, which saw the dow and the s p extend their quarterly win streaks to 3 the nasdaq fell just short of a similar run. For the year, though, leading the major indices with a 20 gain, s p up almost 19 the best performance through q3 since 97. This is all affected by the fact that december was so bad last year. Yeah. For instance, apple up 42 you say, wait a second, great year but apple preannounced the stock had gone down. You have to look at all these to see what is up from the bear market whi what is interesting is this market has
a deliveries into serious loss rebel held region. but the agreement is only for 6 months. the aid is a lifeline for millions of people in england. diplomatic edison james bass has more from the united nations. after days of uncertainty, the security council renewed permission for humanitarian aid to flow from turkey into syria. but for just 6 months, it was deeply controversial. the u. k. france in the us abstained a resolution with a 12 month timeline, which is what the un and agencies requested was defeated on friday when russia used it s vito. the vote we took this morning as what happens when one council member takes the entire security council hostage with the lives of syrian men, women, and children hanging in the balance. the resolution that was finally passed was very similar to the one russia had itself proposed on friday. then 13 out of 15 council members had voted against it, norway and ireland introduced the new version that festival. this was not a decision taken
Home. Our big story of the morning. A major drop in temperatures. Greg. Just how cold can we expect it to get today . Cold front has passed and chilly air takes over as it is whipped into the valley. Mainly sunny skies will be common throughout Southern Nevada but highs in the city will only range between 54 and 59 degrees. On top of the cold air, winds will be whipping up from the north between 10 and 20 mph between 44 and 49 degrees right now wildfires are southeast. Forcing thousands to evacuate overnight from popular tourists spots like dollywood in tennessee. Owners are trying to protect hotels and lodges already lit up with holiday lights. More than 1t are trapped at Ripleys Aquariam of the smokies. At least 100 homes have burned. The fires are being fanned by strong winds, and the worst drought in a decade. Smokypresserwvlt 01;01;00;15 Gatlinburg Fire chief greg miller if youre a person of prayer, we could use your prayers ground crews are struggling to put out the flames. And h