Business Minute: McDonald's Switches Up Leadership & American Airlines Charges Teens Who Fly Solo

Published 08/25 2014 09:14AM

Updated 08/25 2014 09:19AM

MCDONALD'S LEADERSHIP CHANGE
McDonald's naming a new president for its flagship U.S. division. It's the second change in that spot in less than two years. Sales in the U.S. have been pretty weak, but the company's stock didn't react much to the news shares of McDonald's ending Friday down by a fraction of 1%.

AA CHARGES FEE FOR TEENS
American Airlines will start charging a fee for young teens flying by themselves. Starting on September 3, the company says it will cost an extra $150 for kids between 12 and 14 years old to travel on their own.

STOCKS
Here are Friday's closing numbers:

Dow
17,001.22
-38.27

Nasdaq
4,538.55
+6.45

S&P 500
1,988.40
-3.97

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