Skip to main content

tv   After the Bell  FOX Business  September 8, 2017 4:00pm-5:00pm EDT

4:00 pm
have that. of an effect on the national economy. then you get a very quick rebound effect. [closing bell rings] liz: hank smith, haverford trust chief investment officer. we have final flights leaving miami international airport. irma on the way. david and melissa get you caught up from here. melissa: all right. threat of hurricane irma not deterring the dow today, closing up 15 points, more than a third of where it was at today's highs. the s&p and the nasdaq ending the day and the week in the red. i'm melissa francis. david: it is really a testament to the enthusiasm people have about this market and our economic future. i'm david asman. our best to the folks in florida. this is "after the bell." more on the big market movers. first, what else we are covering in a very busy hour. time is running out. florida's governor with this warning for residents under mandatory evacuation, half a million to get out and get out
4:01 pm
right now, if you're not under evacuation you still should be ready to leave. hurricane irma looking like florida's worst-case scenario. it has the making of a catastrophic storm the likes of which the state has never seen. >> the majority of florida will have major hurricane impacts with deadly storm surge and life-threatening winds, if you're still in the keys get out now. we will quickly run out of good weather to evacuate. david: areas on the coast could see storm surges of water up to 12 feet. that is higher than the elevation of most of southern florida. we have complete coverage in this hour. melissa: the storm roaring through the caribbean, leaving a path of death and destruction in its wake. irma is rapidly approaching the united states. fox news meteorologist rick reichmuth is in the weather center but we'll start with our own jeff flock. he is in daytona beach.
4:02 pm
jeff, what is the latest from there? reporter: well, we've been tracking the exodus out of florida. i have good news on that, melissa. we're on the southbound lanes of i-95. you're looking at the northbound lanes are moving. look at that this is wide open and clear. this is true all the way from miami, to north of daytona beach. and that means that the southbound lanes can continue to round southbound and things like delivers of fuel and other supplies can come in on these southbound lanes. obviously a few cars coming too. i don't know what these people are going for. this is good news. if they got to a point where the northbound lanes got congested they couldn't get out. they have then to do contraflow, spin the southbound lanes around and make them all northbound out. they don't have to do that now. that is big savior for manpower and an indication everybody that wants to get out, can get out. you're looking at them leave
4:03 pm
right now. that is good news. melissa. melissa: wonder about other cars heading southbound. i hope you're going to be safe during the storm. what are you doing? reporter: we'll be southbound. we'll move around. the technology now enables us to do, if they track changes as it is now, i'm sure rick, i'm sure rick will talk about where the track has moved, we can move and react with the storm so we can see it and not miss it. wouldn't want to do that. melissa: jeff flock, thank you so much. david: just got through with a storm in texas. now he is in florida. meanwhile the threat of the storm not sinking the dow today. let's head to nicole petallides on the floor of the new york stock exchange. nicole, why did we see the dow end higher? >> interesting how we moved to the upside in the last moments of the day, as we see an up arrow for the dow. over the week it was still a losing week. in fact the first losing week in flee for the dow, nasdaq and s&p. the dow squeezing out 13.
4:04 pm
look at insurers, florida insurers that have exposure to florida in particular. those names got hit hard, down 117%, 21% for federated. people not taking long positions over the weekend. still jitters about north korea. now bracing for irma. uncertainty in washington. that kept us around the unchanged line throughout the day today. david and melissa? david: nicole, thank you very much. stocks betting on tax reform. that had part to do why the market was positive. president trump tweeting, republicans have to start the tax reform, tax cut legislation asap. don't wait until the end of september. need it now more than ever. hurry. steve forbes, media chairman, and carol roth, former investment banker. you talk about need to do this now for a long time. do you echo the president's
4:05 pm
sentiments? >> absolutely. what happened this week, david, on the debt deal which shocked the republicans is a wake-up call for the congressional republicans. they have been working on some of the details, at least their leaders have, get this thing done, make it big and perhaps make it retroactive. if they don't they will be in deep trouble. david: but, carol, what the republican dinosaurs i would say have been saying for years, it has to be deficit neutral it, has to be paid for. now they're changing their tune. they're sounding more like mnuchin when he said we're going to pay for things with economic growth. that is do the tax cuts now. worry about whether it is revenue neutral later. >> absolutely and the dinosaurs can roar but at the end of the day what the president did was the biggest gift to republicans. we got the political theater out of the way here and we allow them now to focus, without any distractions on betting tax reform done.
4:06 pm
and if they can not do all the simplification to get a tax cut across the board for corporations and small businesses and do repatriation for cash overseas, that is the fuel, that is the momentum that will light the economy on fire and also change things, the momentum for the president for congress. david: steve, you have written books about this, about the fuel that tax cuts provide for economic growth which is just tremendous. it happened every time we have major tax cuts. that is it also political power. that provides the president and republicans with the political power they need to get other stuff done, maybe even health care. >> which is why they should have done it first at the beginning of the year but they didn't. david: absolutely. >> but better late than never. as we've seen in the past when you have a booming economy it cover as multitude of other political problems, does set a good stage, good mood for other things and i think they could do health care early next year if people feel the economy is starting to get back into third
4:07 pm
or fourth gear. david: carol, i want to bring it back to the storms because some people, ken langone on fox business last week, said we should hold off on the tax cuts until we pay for the storms to which you say what? >> well, i mean i certainly think that is going to happen anyway. that is part of why we pay taxes. that is one of the things we probably can all agree on that is where tax dollars should be going. i don't think those two things need to be mutually exclusive. i think we can go ahead and do that, but the tax reform will take some time. get working on it asap, david. david: good stuff. melissa. melissa: consumer credit reporting agency equifax facing a massive data breach affecting 143 million americans, the stock closing down 14% today, complicating matters even more for equifax, three executives sold their company's shares just before the breach was announced.
4:08 pm
hmmm. gerri willis is in the newsroom, breaking down this troubling story, gerri. >> this is amazing, melissa. nearly half of americans, as you know, 44% of the population could be affected by a cybersecurity attack on equifax. that is one of the nation's biggest consumer credit rating agencies. the hacking attacks occurred from mid-may through july 2017 an primarily involved theft of names, social security number, birthdates, addresses and in some cases driver license numbers. now additionally, the hackers gained access to credit card numbers for roughly 209,000 consumers. equifax said it first detected the cyber breach way back on july 29th, more than a month ago. three as you said, top executives including the chief financial officer sold 1.8 million in stocks after the company first learned of breach, filings with the securities & exchange commission show. these executives are john
4:09 pm
gambles, cfo who sold shares with mark get value of nearly a million dollars, 946,000, and corporate presidents joseph loughran and rudolpho ploder. they deny that those that sold on august 1st and august 2nd, had no knowledge that intrusion had occurred at the time they sold shares. the fbi is aware of the hack and tracking the situation. equifax blaming the breach on a vendor for a software flaw according to "the new york post." so third party people are the problem. just a couple more things as i toss back to you here, we know for example that an investment research company called msci warned of security problems at equifax. just a warning to consumers here, the company is sending people to something called equifax security 2017, but big security worries about this. their trusted i.d. credit monitoring program, guess what?
4:10 pm
it is an equifax product, and guess what, you lock into equifax terms of service when you sign up for it, which means you can't sue the company. you have to resolve any disputes in forced arbitration. let me tell you, there will be a lot of disputes because lawsuits are already piling up. got to tell you this, is one for the books, melissa, as i look at this now but many warning signs were already out. melissa. melissa: what a mess. gerri, thank you for that. >> you're welcome. melissa: our panel is back to react. steve, let's start with the obvious. so gerri laid out for us there were a lot of warning signs, this and that but the executives are saying when they sold their stock ahead of the announcement they had no idea what was coming, what do you think? >> obviously nobody will believe that but there will be an investigation and the idea that the cfo of a company wouldn't know if something like a major hacking, well, if you believe that, i have some bridges to
4:11 pm
sell you. it will be investigated properly. in terms of the whole thing on hacking, i think you will see proposals for rules on these major hacks, whether credit card companies, banks, often times you don't learn about it until way after the fact it happened. you don't learn about it at all. suddenly strange things are happening. i had experience of that a year ago. strange things happened with a credit card. we finally figured out it must be a hack. melissa: yeah, carol, they're blaming a third party. always that third party independent vendor. i mean that is the case in hollywood when they're talking about when a studio gets hacked, always some edit company. it is always someone around the perimeter, not really their fault. i guess the question is, does that make any kind of a difference? if everyone is going to use the same excuse? >> yeah, everyone loves to play, let's pass the buck, eventually the buck needs to stop with someone. i think the bigger challenge, the thing we really need to be thinking about is given how much
4:12 pm
of our data has already been exposed in some hacks, is there a better and different way that we need to be tracked? whether it is eye scans or fingerprints or some other identifiers? because certainly this level of data is very easy to access as we've seen over and over again. it is going to continue to happen. just one of those things i think the industry need to rethink knit is entirety. melissa: very true. steve, carol, thank you. david: coming up in this hour, more on the storm and the house passing hurricane harvey relief bill along with an extension of the debt ceiling. it is now on the president's desk to be signed but guess what? 90 republicans voted no. what does this mean? former governor mike huckabee on whether or not this helps or hurts tax reform. melissa: another big story on our radar this weekend, a dire warning from south korea. why they believe north korea will fire another missile tomorrow, what they say we can expect. david: also six to 12-foot storm
4:13 pm
surges rushing in from the ocean. remember, most of southern florida is not higher than 12 feet. the florida governor warning residents on the southeast coast, if this happens, simply won't survive and has ordered evacuations in several counties by midnight tonight, including parts of palm beach county, home to the city of boca a tone. we'll speak to to the mayor of that city next. -- boca raton. >> we're running out of time. the storm is almost here. if you're in a evacuation zone, you need to go now.
4:14 pm
4:15 pm
so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift
4:16 pm
in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. melissa: taking aim at the sunshine state hurricane irma barreling towards florida as hundreds of thousands of people are told to get out of the
4:17 pm
storm's path. the category 4 hurricane already leaving a deadly path of destruction in the caribbean as floridians fear for their lives. joining me by phone right now, boca raton mayor, susan haney. mayor, thank you for joining us. what are you telling your city right now? >> i'm proud of our residents. everyone is taking the storm very seriously. those on the barrier island and low-lying areas have evacuated. many of our residents are sheltering in place, preparing their home and their family and ready for the storm. melissa: what have you done as a city to prepare? >> well, we, our first-responders have been planning for events like this for many years. we had a dress rehearsal last year with hurricane matthew. our systems are go. all our infrastructure is in excellent condition. all of our storm drains have been cleaned out. and our utility services are
4:18 pm
prepared to endure this storm and continue to provide water and sewer services. melissa: it's a totally different kind of storm, when you look what happened in houston it, has to give you pause. is there anything doing differently as a result? i know it's a totally different type of storm, but to see the level of destruction, that was there, how much people there suffered is there anything you're doing differently? >> well, i believe that what happened, especially in houston caused a much higher level of anxiety for everyone here in south florida. this storm, irma, is more of a wind event i believe. it will be wind and surge, not as much a rain event. melissa: yeah. >> you know the fact that it is so massive and so strong, it is going to impact monroe county, miami-dade county, broward and palm beach counties, just here in southeast florida, we take it seriously and we are prepared as we can be for a storm of this
4:19 pm
magnitude. melissa: do you feel like in some ways people take it more seriously because they did see how much the people of houston suffered, and when you tell people to get out perhaps they're heeding the warning they would have more than they would otherwise? >> no, i believe that, absolutely. you can see it reflected in the traffic congestion of everyone trying to evacuate north. you know, people really took this seriously. it is, very serious storm. and we're thankful that our residents certainly paid attention, and prepared and, those who wished to evacuate did get out early. >> is there anything you still need, anything you wish you had more time to do? any resources that you don't have? >> no, i will say governor rick scott and the trump administration have been reaching out to all of the municipalities offering help post-storm help, prestorm help. and we, we feel certainly supported by, you know all
4:20 pm
levels of government, so that we can keep our residents safe. melissa: mayor, we'll be watching, we'll be praying for all of you. you're all in our thoughts. you know, we hope that this passes as painlessly as possible. thank you. >> well, thank you so much. we really appreciate it. david: amazing how many people are still hungerrerring down. only so many people the roads can take. some have to ride out the storm. melissa: you look at the size of it, just bracing for it, we'll watch it. david: where is the money coming from, that is the question? prepping for another potential catastrophe. we're only two weeks after harvey came in and rolled over texas. irma is expected to do the same in florida. how do emergency services stretched thin, expand to help those in florida? michael brown, former fema director, is here to respond. president trump taking a shot at republicans for not getting work done, how can he get the party
4:21 pm
back on track? former governor mike huckabee will be here after the break. >> does the president find pelosi and schumer more reliable partners republican leaders? >> president is committed to working with both republicans and democrats. we're continue to do that in getting the best legislation we can for the american people. ♪ oh boy.
4:22 pm
looking for adventure this labor day? holy smokes. oh man, that's pretty intense. look no further than chevrolet. this is a fast car. i feel like i left my soul back there. wow. this has power! head to the chevy labor day sales event and ride out the summer in a new chevrolet. current chevy owners can use labor day bonus cash to get a total value of eleven thousand- six hundred dollars on this silverado all star. or, get 0% financing for 72 months on all tahoe and suburban models. find new roads at the chevy labor day sales event. itwhat's possible.nk rethink the experience. rethink your allergy pills. flonase sensimist allergy relief uses unique mistpro technology and helps block 6 key inflammatory substances with a gentle mist. most allergy pills only block one. and 6 is greater than one. rethink your allergy relief.
4:23 pm
flonase sensimist. ♪
4:24 pm
david: president trump taking on the republican establishment in a tweet this morning saying quote, republicans sorry i've been hearing about repeal and replace seven years, didn't happen. even worse the senate filibuster rule will never allow the republicans to pass even great legislation. eight dems control will rarely get 60 versus 51 votes. it's a republican death wish. democrats delight at republican infighting like this. our next guest says this might be the kick republicans need to stop talking and start voting on tax reform. former arkansas governor
4:25 pm
mike huckabee joining me now. and, governor, you're joining me from florida. what the heck are you doing in florida? >> well i'm in the panhandle of florida, and, we don't think it is going to come as far west as we are. however, i assure you we're looking at these models and they started moving a little westerly. so things could change for us here in the panhandle but we're hoping it doesn't get that far over but it's a horrible storm. starts coming our way, we're out of here. david: are you seeing refugees coming up from the south yet? >> we do start seeing some people. and a lot of people here, even though we're not anticipated to be in the path, have already prepared in case we are. water is sold out. peel are taking this very seriously, even though we are probably several miles from getting a significant impact from it. david: let's switch to politics, if you don't mind. so-called, civil war that some people are talking about, media and the democrats are delighting
4:26 pm
in fighting between the president and republican establishment. what do you think about all this? >> well i don't see it as a civil war. i think see it as a president trying to get republicans off high center. gosh, they to the both houses of congress, we've been working for years. for eight months and they sat on their hand been able to accomplish absolutely nothing. good for the president. he said if you twice can't put something together, i will chuck to good ol' chuck and good ol' nancy to see what we can come up with. i think it's a kick in the rear end and necessary one. i would like to see what the republicans wake up and do. pass the graham cassidy health care bill. this is a smart play. takes it out of washington politics. pushes it to the states where it should be already. let's states craft their own health care proposals, using federal dollars. doesn't cost more but meets the needs of constituencies.
4:27 pm
then, david, focus on the tax measures. it is so important that republicans do a better job reminding people that a corporate tax cut is a tax cut for every american consumer. david: right. >> because corporations don't pay taxes, they just put them in the cost of a loaf of bread or anything else. david: even before any kind of health care change, shouldn't we get a tax cut in there, so we see the effect on the economy? that would give economic capital, more importantly political capital to the republicans inside of the beltway to get some stuff done, like health care for example? >> absolutely. they should have done it first. i begged them to do it in january first thing out of the gate. frankly this ought to be the easy lift for republicans. they ought not to fight a lot about it, get it done. because the impact economically is immediate and it is significant. david: yeah. >> we can not borrow way out of the debt but we can grow our way out an frankly it is growth,
4:28 pm
growth, growth and you can not grow the economy if you keep choking people with high taxes. david: one of the good things the rhetoric from establishment republicans has gone to that they used to talk about we have to have deficit neutral, we have to pay for it. they say grow out of it. appears the rhetoric has begun to change. that is a victory for the president. mike huckabee, good to see you, sir. best of luck to you in florida. >> thank you, david. david: melissa. melissa: major gas prices in florida now hindering some evacuation efforts but there is an app for that. from gas buddy, it is even being recommended by the governor to help people, help guide people to stations. fox news's jillian mealy tried it in miami. reporter: we downloaded it yesterday and we used it to get gas ourselves. i don't know how much of the screen you can see but we're at a chevron at 57 and 7th.
4:29 pm
does the station has power. it tells you if it has gas and has power, if it does and doesn't. melissa: i know the guys at gas buddy. i used it for years. it is fantastic. i use it to track the price of gas around the country. it's a phenomenal app, even if you're trying to save money. david: used to be almost 100% for money. it is for survival. it's a valuable tool. if all of this weren't enough we have north korea to worry about. it is flexing its muscles. the latest provocation from the rogue regime. why the u.s. could take drastic countermeasures. melissa: leaving death and destruction in its path. the latest from hurricane irma's track as thousands of people in florida rush to get out of the storm's way. >> everywhere is full of lines and stuff. like people running out of gas and everything. >> it is scary, very scary, because they said the hurricane is so big. ♪
4:30 pm
♪ ah, my poor mouth breather. allergies? stuffy nose? can't sleep? enough. take that. a breathe right nasal strip of course. imagine just put one on and pow! it instantly opens your nose up to 38% more than allergy medicine alone. so you can breathe, and sleep. better than a catnap. shut your mouth and say goodnight, mouthbreathers.
4:31 pm
breathe right. you totanobody's hurt, new car. but there will still be pain. it comes when your insurance company says they'll only pay three-quarters of what it takes to replace it. what are you supposed to do? drive three-quarters of a car? now if you had liberty mutual new car replacement™, you'd get your whole car back. i guess they don't want you driving around on three wheels. smart. with liberty mutual new car replacement™, we'll replace the full value of your car. liberty stands with you™. liberty mutual insurance. it's a highly contagious disease that can be really serious... especially for my precious new grandchild. it's whooping cough. every family member, including those around new babies, should talk to their doctor or pharmacist about getting vaccinated.
4:32 pm
with some big news about type 2 diabetes. you have type 2 diabetes, right? yes. so let me ask you this... how does diabetes affect your heart? it doesn't, does it? actually, it does. type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. and with heart disease, your risk is even higher. you didn't know that. no. yeah. but, wait, there's good news for adults who have type 2 diabetes and heart disease. jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and heart disease and lower your a1c. jardiance can cause serious side effects including dehydration. this may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. ketoacidosis is a serious side effect that may be fatal. symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. stop taking jardiance and call your doctor right away
4:33 pm
if you have symptoms of ketoacidosis or an allergic reaction. symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. do not take jardiance if you are on dialysis or have severe kidney problems. other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. tell your doctor about all the medicines you take and if you have any medical conditions. so now that you know all that, what do you think? that it's time to think about jardiance. ask your doctor about jardiance. and get to the heart of what matters. melissa: hurricane irma on a collision course with the sunshine state. rick reichmuth is tracking the storm. brought the wind back up 155.
4:34 pm
that is not good news. it is moving due west, instead of west-northwest. if that trend continues, interaction with cuba and weaken it a little bit. five to 10 miles-an-hour, good news for the u.s., not for cuba. we have rainshowers. outer band moving in across the bahamas, getting 100 miles away. we'll see rain move in tonight. tropical storm force wind starting in south florida along the keys starting tomorrow morning. this is the trajectory working with interacting with parts of cuba. we're confident we'll have landfall somewhere here in south florida of a cat-4, possibly stronger storm. 155, is at top of cat-4, 156 put its it at a cat-5 storm. entire peninsula will deal with hurricane force wind throughout the day on sunday, and into monday morning.
4:35 pm
the one positive is maybe that this is happening during the day time. these storms come at night, you can't see anything. if you have stated that make as things frightening. that would help a little bit. these are the computer models. they're getting better agreement. they're still off 20 miles or so of each other. but the same thing happening with both of them, moving up here along the peninsula, eventually moving in parts of georgia. we could see 60 mile-an-hour wind with atlanta suburbs by tuesday morning. a long time ahead. melissa, water temperatures in the mid 80s. the water is about to go over 89 degrees. that adds more fuel for the storm. why we think it will continue to strengthen. one thing i tell you the trend over the last day has been moving towards the west. can't rule out it skirts up the western side. that would be a way worst story along big cities of naples, st.
4:36 pm
pete, fort myers as well. looks like south florida, if we could have one thing happen, the keys will take a devastating blow, but if that storm surge primarily came in towards the everglades, that would maybe be a good thing. they could absorb some of that there are not a lot of people living in the spot for the storm surge. everybody is getting the hurricane. melissa: rick, thank you the. >> you bet. david: it hasn't even made landfall but already this hurricane claim ad life in florida. local officials reporting the first irma-related death. a man fell 15 feet from a ladder putting up shutters on his home. how many of us have done that. according to wsvn, mandatory evacuations are all over the state, but some residents plan to ride out the storm. fox news's phil keating in miami beach with the very latest. when i heard of this death, my goodness, what we're seeing there, this guy is not taking it
4:37 pm
seriously but you have to because it is already a deadly storm in florida. reporter: i hope you were not thinking that was me on camera. that is one of the few remaining south beach residents, having fun like normal day, but typically like a friday afternoon, this would be packed wall-to-wall cars. nowhere to park. everybody vibrant and drinking, tourists everywhere. look every single store is boarded hope. hotels boarded up. wet willie's, the news cafe closed down. the only place open, the boulevard hotel. they will be closing any minute now. all the employees are sticking around. got to tell you, for the most part, the vast majority of miami beach residents have definitely fled. if you take a look down ocean drive, you can see how desowe late and lacking of people this really world famous tourist street is. people were coming down with drones and cameras, it check out
4:38 pm
vastness and emptiness of it all. unusual for miami beach. we talked to a couple people that will not evacuate. they will stay in south florida. >> i work in the fire department. i have to be at work on sunday, if i can make it to work. i am nervous but focused. more focused than anything else. >> like for five days. i think we'll be safe, right? yeah, i don't know. i have no idea. this would be my first hurricane. i don't have any idea. >> you sure pick ad good one. >> yeah. reporter: for all monroe county residents. these are people from key west to key key largo did not have the means to get out. the county running buses to maine land. the last one leaves after 5:00 p.m. everyone not ride it.
4:39 pm
david: phil, have the camera take a picture of that main drag on a friday. melissa: that is amazing. david: 4:38 friday afternoon, i never, i couldn't imagine that being miami beach. that place would be packed. reporter: yeah. i have never seen it this empty. david: unbelievable. phil keating, good stuff. reporter: the beach is closed. david: best of luck to you, my friend. bye-bye. melissa: imminent missile test, what some reports are saying north korea hopes to celebrate a national holiday tomorrow with yet another act of aggression. president trump warning the rogue regime, any such action, saying a military response could happen. >> military action would be possible. is it inevitable? nothing is inevitable. would be great if something works out. i would prefer not going route of military. something certainly could happen. melissa: chris harmer from the institute of study of war.
4:40 pm
let me get your initial reaction to all of that, chris? >> north korea, kim jong-un regime, keeps pushing and expanding the missile weapons engagement zone. sooner or later painting us into a corner, our only response left is military action. i don't want that. i'm not predicting that. i'm not advocating that. at some point if the north korean regime has enough missiles and warheads we won't have any option but military and i think they're pushing this to their own detriment. melissa: i keep wonder about the winter olympics in 2018 in seoul. i don't hear anyone talking about that. that seems insane at this point. >> that is a great point. a lot of strategists are talking about. we think what will happen the north koreans will absolutely use that to conduct some type of spectacular test, either a nuclear test or a mass ballistic missile test. we think there is decent possibility they will do that
4:41 pm
before the winter olympics, it try to disturb the process of the flow of the olympics. maybe some athletes say i'm not going there. i'm not going into a potential war zone. a worst-case scenario or bad case scenario. definitely something we think north koreans will try to do. melissa: i would think it is almost inevitable. as athletes, it would be i don't know, you worked all this time. you obviously want to go. you're an athlete. you have a peak time when you perform, you're qualified at same time. it does seem like a prime target. it would be meaningful how many people will come and watch it. what do you think that president trump does at this point? we kind of, every time we talk about this story, it seems like the white house says, all options are on the table. you know. they're all awful. doesn't seem like they're taking any of them. what happens? >> all options are on the table. every time north korea conduct as nuclear test. every time north korea conduct
4:42 pm
as ballistic missile test, the non-military options get constrained. every time they push, we get fewer and fewer non-military options. we get to the point where they're actively threatening guam, actively threatening hawaii, actively threatening the united states. you can't wait at that point. you can't wait for them to launch nuclear missiles at the united states. you have to act preemptively at that point. to not do so would being extraordinarily irresponsible in my opinion. melissa: chris harmer, thank you. >> thank you. david: we have sad breaking news. troy gentry of the country music duo, montgomery genttry, died in a helicopter crash, about three hours ago. there is the scene moments ago. they are looking for all remains. we know he died in a crash. the duo was expected to perform at the flying w airport and resort in genttry.
4:43 pm
troy gentry was 50 years old. we'll be right back. copd makes it hard to breathe. so to breathe better, i go with anoro. ♪go your own way copd tries to say, "go this way." i say, "i'll go my own way" with anoro. ♪go your own way once-daily anoro contains two medicines called bronchodilators, that work together to significantly improve lung function all day and all night. anoro is not for asthma .
4:44 pm
it contains a type of medicine that increases risk of death in people with asthma. the risk is unknown in copd. anoro won't replace rescue inhalers for sudden symptoms and should not be used more than once a day. tell your doctor if you have a heart condition, high blood pressure, glaucoma, prostate, bladder, or urinary problems. these may worsen with anoro. call your doctor if you have worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain while taking anoro. ask your doctor about anoro. ♪go your own way get your first prescription free at anoro.com.
4:45 pm
4:46 pm
melissa: massive earthquake hitting mexico. the largest quake to strike the country in a century. with more on the seismic event from los angeles, fox news's william la jeunesse. william? reporter: the death toll is 35 but likely to rise as rural areas and communications improve. this is the most powerful earthquake to hit mexico in 100 years. it hit 60 miles off the pacific coast near the guatemalan border in a very poor state. many homes collapsed but buildings are no more than one or two stories high. that is not the case in mexico city where buildings shook and residents poured into the street to see buildings and lights sway before midnight when it struck. they gave a 30 second warning
4:47 pm
before the quake hit. president pena nieto said the first-responders are still assessing the damage. >> translator: unfortunately we received reports of human life and material damage we can not yet quantify. we'll do that in the coming hours and days to learn what damage the earthquake has caused. reporter: seismologists report 20 aftershocks, several over 5.0. mexico city is larger than new york, twice the size of l.a. but built on and old lake bed of silt and clay. the high water content of the soil amplifies shaking. in 1985, there was a 8.0 quake, 400 buildings then collapsed. since then many builds are retrofitted and today's building codes in mexico city are no less stringent than tokyo and l.a. towns closer to the epicenter are severely damaged. officials requested for federal help. the president activated the army and marines and emergency
4:48 pm
responders to head south. back to you. melissa: william la jeunesse. thank you. we are just hearing actually that the death toll sadly now has risen to 58. david: probably get bigger unfortunately. parts of houston, meanwhile are still underwater. federal officials are working around the clock to help the lone star state. with hurricane irma bearing down on florida, is there enough money to go around? michael brown, former fema director responding to new warnings that the agency is nearly out of cash. ♪
4:49 pm
rethink what's possible. rethink your allergy pills. flonase sensimist allergy relief helps block 6 key inflammatory substances with a gentle mist. most allergy pills only block one. and 6 is greater than one. flonase sensimist. ♪
4:50 pm
won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™. liberty mutual insurance.
4:51 pm
david: hurricane irma longs like it will be the second hurricane in two weeks to federal government more than $100 billion. that has never happened before, so how do we pay for it?
4:52 pm
and what is happening those federal institutions created to deal with natural disasters? here is michael brown, former fema director. michael what is going on inside of fema? put money aside. what about personnel. are there enough people to deal with storms? >> i don't have audio. david: michael, can you hear us? >> i hear you now. david. david: i was talking about personnel at fema. forget money for the moment. are there enough people there to deal with both, to deal with both storms at the same time? >> there is. fema always had a surge program in place. so, i don't know precisely what they call them today, but we used to call them disaster assistance employees. those are people trained ahead of time, when you have multiple disasters, which is not unusual for fema, they can surge the personnel capacity so they can deploy people, you know in
4:53 pm
florida, texas, california, if needed, if there are wildfires. so yes, they have that surge capacity to do that. and i just want to mention one other thing, david. you talked about $150 billion or so it might take for the storms. david: right. >> i want to remind people that the total cost of the damages that houston and harris county might incur or miami-dade county might incur, not all of those damage costs are borne by federal government. david: of course. >> i think sometimes american citizens get the idea fema will come in and if you lost your home an completely rebuild your home or restart your business. fema only provides the kind of assistance to get you restarted. i've been on the mission to tamp down expectations. fema helps you shelter. they will help you get restarted. they will rebuild bridges, high cast, schools, hospitals but not make your life whole.
4:54 pm
i want to make sure people understand that. david: the other thing, both of these storms are focused over specific cities, really big cities. we have houston and miami. does that make it easier or more difficult? each city has a tremendous infrastructure for dealing with disasters? >> it actually makes it more difficult. i'm glad to see governor scott decided in florida, for example, starting tomorrow they do contraflow on interstates. they turn the southbound lanes of i-95 into northbound to allow more people to get out. but when you have concentrated urban centers, people remember 9/11, concentrated in lower manhattan, that is extremely difficult area to conduct rescue operations. david: yeah. >> so you have to deploy the urban search-and-rescue teams in to rescue people, save lives, make sure people -- david: michael, we have to leave it there. with 10 seconds, just tell me
4:55 pm
there is then enough personnel and enough funding to deal both of these emergencies at the same time? >> absolutely. david: okay. michael brown. thank you very much. good to see you. appreciate it. melissa. melissa: a cause very close to all of us at fox business. how our own gerri willis beat breast cancer and how she is working to help other women do the same. ♪ this is a financial transaction secure from hacks and threats others can't see. this is a skyscraper whose elevators use iot data and ai to help thousands get to work safely and efficiently. this is not the cloud you know. this is the ibm cloud. the ibm cloud is the cloud for enterprise. yours. theah, my pooris the cloumouth breather.e. ...
4:56 pm
imagine just put one on and pow! it instantly opens your nose up to 38% more than allergy medicine alone. so you can breathe, and sleep. better than a catnap. shut your mouth and say goodnight, mouthbreathers. breathe right. (con artists...) they'll try anything to get your medicare card number. so they can steal your identity,
4:57 pm
commit medicare fraud. what can you do? guard your card? guard your card? just like your credit card. nobody gets my number, unless i know they should have it. to protect your identity, new medicare cards without social security numbers will be mailed next year. visit medicare.gov/fraud stay sharp people! i even accept i have a higher risk of stroke as far as i used to. due to afib, a type of irregular heartbeat not caused by a heart valve problem. but no matter where i ride, i go for my best. so if there's something better than warfarin, i'll go for that too. eliquis. eliquis reduced the risk of stroke better than warfarin, plus had less major bleeding than warfarin. eliquis had both. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve
4:58 pm
or abnormal bleeding. while taking eliquis, you may bruise more easily... ...and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical or dental procedures. i'm still going for my best. and for eliquis. ask your doctor about eliquis. ♪ >> melissa: racing for a cure, bracing for a cure, we can call it too the world's largest breast cancer awareness event is stopping in new york city, this weekend, fox business and fox news will have a big presence, as part of team jerry, woohoo. >> jerry willis of course before we toss it over to risk & rewar- >> melissa: i was already. >> this woman by the way folks some people might not know this but you are living proof of how you can beat cancer having won.
4:59 pm
you have stage 3 breast cancer. >> melissa: that's right. >> you couldn't beat it and you beat it tell us how important an event like this is in helping that process. >> look i think everybody wants to see people out there survivor s out in the real world showing what they can do and look i know you're wearing these , right? i have one for you too. >> i saw it on my desk, yes. >> so this thing says get a mamm o. that means get a mammogram. early detection is the key to moving forward you have to get tested that's what i'm here to tell you right now if you don't contribute i don't care get a mammogram. that will keep you safe, happy, healthy and whole but let me tell you here is what i went through in a nutshel. i had stage 3 breast cancer. i had a mastectomy, four months of chemo, breast reconstruction surgery and then five weeks so this, melissa, five weeks of daily radiation treatment it was a very long struggle but let me tell you, there were good things in it. i know you think that its got to be a horrible experience, that everything is going to be
5:00 pm
terrible. it's not true. the reality can be far different , you need people around you to support, like you find people on your show, today. >> [laughter] >> thank you so much for mentioning it and go to ko man.com to contribute. we want to hear from you on that >> melissa: jerry we are so proud of you. you are so strong, so fantastic. >> you're making me cry now. >> extraordinary. >> don't make me cry before the show starts. >> melissa: risk & reward here we go. we'll have more on that topic later on in the show but right now florida in the eye of a monster storm. risk & rewards starts right now. >> the nation has only seen three category 5 storms since 1850. >> the nuclear hurricane. it is dangerous, it is coming our way. >> this is big, dangerous storm, something that's never been seen before. >> president trump: this is a storm of historic destructive potential. >> andrew was a very very small compact category 5 compared to what we'reee

86 Views

info Stream Only

Uploaded by TV Archive on