6at4 Business Report: Wells Fargo, Apple, McDonald's, Disney

March 8, 2012 2:48:39 PM PST
Wells Fargo is launching new bank fees; The feds may sue Apple; Disney goes after FastPass abusers.

Wells Fargo new fees?
Wells Fargo customers in six states about to get hit with a $7 a month checking account fee. Wells Fargo has not yet said which states will be affected, but it is thought to be part of a national rollout. If you are affected, there are ways to avoid the fee, depending on deposits and balances. Customers in the Western United States are already paying the fee.

Justice Dept. may sue Apple
Apple getting a warning from the justice department. A source tells Bloomberg the Justice Department plans to sue Apple and 5 publishers for fixing prices on electronic books. The source says some of the companies are in talks with the justice department to reach a settlement.

McDonald's menu changes
According to Reuters fast food chain McDonald's is going to remove options for small drinks and small French fries. Instead, the restaurant will offer fresh baked cookies, and ice cream cones later this month. McDonald's will also come out with an extra value menu - with items priced between $1 and $2. A spokesman says the choices are the same, but McDonald's is just rearranging things to make it easier for people to find them.

Household wealth
Americans are climbing further out of the hole they sank into during the depression. Household wealth in the U.S. climbed in the last 3 months of last year as an increase in the stock market helped people to rebuild more of their wealth, even as home values fell further.

FastPass Crackdown
Disney is cracking down on those who cut the lines at their theme park's popular rides. A Disney spokesman says too many park patrons have been abusing the so-called FastPass, which allows people to wait in shorter lines during a specific one hour period. Turns out, those with the pass have been using them all day long. Park employees will now be double checking.

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