business news in context, analysis with attitude

• It isn't just his McDonald's CEO job that Steve Easterbrook lost this week after it was revealed that he'd had an inappropriate and consensual relationship with a company employee.

Easterbrook also had to resign his position on the Walmart board of directors.

Tears not necessary, though. CNBC reports that Easterbrook is expected to make millions in severance and bonus payments this year, despite the circumstances of his firing; for two years, however, he will not be allowed to work for competitors, including a long list of fast food chains and convenience stores.

KC's View: