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Steve Easterbrook is out as McDonald's CEO and president after the board determined that he violated company policy, the company said on Sunday.Easterbrook, who became CEO in 2015, "demonstrated poor judgment involving a recent consensual relationship with an employee," McDonald's said in a statement.He has "separated" from the company and has been replaced in both roles by Chris Kempczinski, effective immediately. Kempczinski, who joined McDonald's in 2015 and was most recently president of McDonald's USA, said in a statement that he is "energized by this challenge" and looks forward "to guiding McDonald's continued success."In an email sent to McDonald's employees, Easterbrook expressed regret over the relationship."As for my departure, I engaged in a recent consensual relationship with an employee, which violated McDonald's policy," Easterbrook wrote. "This was a mistake. Given the values of the company, I agree with the board that it is time for me to move on. Beyond this, I hope you can respect my desire to maintain my privacy."He also said that his time as CEO "have been the most fulfilling years of my working life."The board said it is confident in Kempczinski's ability to lead the company."Chris takes the reins of this great company at a time of strong, sustained performance,' said Enrique Hernandez Jr., chairman of McDonald's board of directors, in a statement. "The board has every confidence that he is the best leader to set the vision and drive the plans for the company's continued success."In his email, Easterbrook described Kempczinski as "the ideal person to take on the role of CEO."Joe Erlinger, who was most recently president of international operated markets for McDonald's and has been with the company since 2002, is replacing Kempczinski as president of McDonald's USA.Easterbrook had been leading McDonald's in an aggressive modernization plan. With Easterbrook at the helm, the company has rapidly remodeled stores to include digital menu boards, and 2013
Someone in California is super rich. About 0 million wealthier — or a cash option payout of 5.2 million.A single winning ticket sold in the state matched all six numbers of the Mega Millions jackpot Friday night. The numbers were 17, 19, 27, 40 and 68 -- with a gold Mega Ball 2, contest officials announced early Saturday.It is the seventh-largest jackpot in the history of Mega Millions drawings and the largest since last October, the organization said. That jackpot came in at .5 billion.This drawing awarded about half a billion dollars. That means the winner can get about 1,000 private islands, 384 castles and 833 Ferraris.The jackpot has been accruing since it was last won in Missouri on March 12. The next drawing Tuesday has a starting value of million, according to Mega Millions.The Mega Millions lottery has players in 858

Six-time Super Bowl champion quarterback Tom Brady has reached an agreement to join the Tampa Bay Buccaneers.Brady's move to Tampa has been removed since earlier this week.Both Brady and the Buccaneers confirmed an agreement had been reached. 254
Retirement is just a numbers game to Carl Jensen, who quit his job when he was miserable and decided his family of four could live off less.“We save a lot of money,” Jensen said. “We (do) the electricity ourselves, too.”He’s at home with his family full time and is making it work by slashing the family’s expenses."I had a really bad day at work, and I remember thinking I had this incredible stress. I can't do this for the next 15 to 20 years of my life,” he said. "I don't need a new car, so I don't have a new car. I don't care about my clothes ... so I don't buy brand new clothes. And I have an old phone because honestly I don't want to learn a new phone."The family lives on just more than ,000 a year, an amount his retirement funds generate, along with his wife’s job at a startup."I realized early, retirement is just a number game, and if you're a saver and can be a little bit frugal when you're younger and let the stock market work for you, you can actually stop working early.""People that haven't saved very much for retirement still have great choices available to them if they're flexible."Kim Curtis, Wealth Legacy Institute CEO, understands Jensen’s choice isn’t for everyone and says approaches can vary."The key around your 40s is making sure that you don't give up the savings your started in your 20s,” Curtis says.People in their 20s should focus on a savings routine such as a 401K, Roth IRA and keeping credit card balances low. Those in their 30s need to focus on asking for a raise and building their salaries.Curtis says they need to be bold.People in their 40s have a tougher time if they have growing children. It’s harder to save."The key around your 40s is making sure that you don't give up the savings your started in your 20s,” she said.Keep building the money in your 50s and consider not fully retiring until your 70s. It’s not as bad as it sounds."The idea of not working and stepping off and not having any new income from the time you retire through life expectancy is really a fallacy now because a lot of people have side hustles and a side hustle in retirement could be an Uber driver. It could be a wag walk or dog sitting,” Curtis says.People who can keep working will benefit most, though.For the average person, ,000 a month at age 62 is all social security provides. And it’s ,425 at age 66.If you don’t draw until you are 70 years old, it jumps to ,800 per month, Curtis says."That's significant."Jensen decided working is not for him, but he picks up contract jobs in between repairing and adding on to his house, which he does himself. 2611
TAMPA, Fla. — An unknown suspect targeted a South Tampa yard sale, benefiting a good cause, with phony money. Katherine, who asked us not to share her full name, was hosting a fundraiser Saturday for her teenage niece, who is in need of a new kidney. "I love her and we did this as an effort to raise money for her so she can get the transplant and it would be less money out of her family’s pocket," said Katherine. Katherine says one man came by the yard sale and talked her down in price for a pair of designer purses and an original painting from Haiti, where she was previously deployed in the military. Turns out, a bill was bogus, handed to her in a peculiar way as to not reveal that it was counterfeit. 730
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