Here's what you need to know before the stock market opens: 1. McDonald’s fired its CEO for having a relationship with an employee. 2. Federal regulators are looking into Tesla battery fires. Read more here:
by the Justice Department and Securities and Exchange Commission over its accounting practices. On Monday, Under Armour, while reporting better than expected quarterly earnings and revenue, cut its 2019 sales outlook. All this comes after founder Kevin Plank, in a surprise move last month, announced he'll step aside as CEO on Jan. 1, to be replaced by COO Patrik Frisk. Plank plans to transition to executive chairman and brand chief.
the investigation Friday, getting a statement from the National Highway Traffic Safety Administration which read in part, "NHTSA has received a defect petition regarding the battery management software in certain Tesla Model S and Model X vehicles."
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