horace: we checked with hertz who says the policy is posted and it says no stains, no smoking and noet hair. ask about the rules before you rent a car. some are stricter than others. she feels that hurricane evacuees and their pets should get extra understanding after all they went to. after we contacted them they removed the cleaning charge because of the state of emergency surrounding the hurricane. but this is a warning to check all the rules before you respect a car so you don't waste your money. i'm john matarese, abc7 news. nancy: "7 on your side" with a smart phone warning. iphone feature could leave or your children open to receiving unwanted and explicit images. so how can you prevent it? abc7 on your side troubleshooter horace holmes has the answer here. horace: the function there, the icon for it is right there. i am within 30 feet of you, i can send you a picture, video or a file. i don't even need to know your telephone number. the problem is cyber flashing -- michelle: there you go. you just flashed us. nancy: it's g-rated. horace: the problem is cyber flashing where th

at hertz car rental by the hobby airport.icles could be seen airing out awaiting inspection by insurance adjusters. mark hannah of insurance council of texas say there have been 100 claims filed with many more to come. >> the auto insurance industry is going to feel a pretty good hit. >> at least 300 people remain in the neighborhood of 4,000 homes. and, all this walter from the reservoir releases is expected to sit here, for at least a week. elaine. elaine. >> michelle miller in houston. it's time to rethink what's possible. elaine. >> michelle miller in houston. 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. flonase sensimist. ♪ clearasil rapid action begins working fast for clearly visible results in as little as 12 hours. but can ot fix this teens skateboarding mishap? nope. so let's be clear: cleara

hertz said they're waiving certain fees for vehicles that are returned not to the original destination or the original airport but up to 100 miles away carl, we're going to see a lot of cancellations increase over the next 24 to 48 hours. >> phil lebeau, thank you very much for that getting word from the national hurricane senter that a hurricane watch has been issued for south florida and the keys nearly 30% of gas stations in the ft. lauderdale west palm area are out of gas with little hope for new deliveries before land fall. florida governor rick scott addressed that fuel shortage in the past hour. here's what he said. >> one of our top priorities right now is fuel availability we know there are problems with supply gas stations and working around the clock to get fuel to you. last i spoke with all of the fuel retailers and i just got off the phone just a couple minutes ago with all the oil companies. i've been very clear to the retailers and oil companies that we have to know -- we have to get the fuel as fast as we can out to everybody has the fuel to evacuate >> for more, let's

. >> avis and hertz. tom lee? individual stocks >> we've been looking at monopolies >> not playing along at all. >> remember, i have -- all my clients are my boss. >> yeah, yeah. >> but rental car industry needs demand, because three companies control 97% of the market. and there's only 2 million rental cars in america for rent and more than 1 million cars being destroyed. but it also needs stable use car prices which is benefiting from the flooding so if you had to say the two times you ever want to buy these stocks is when that's happening and i think hertz was over $100 three years ago and it's $20 today. >> all right, finally, financials you still positive >> i have more bosses than he does i have too many bosses i don't even know hwho to look at >> give me a sector view it's all about rates and financials but you have this barbell strategy where tech can continue to run and marry that with financials and industry, but specifically financials as they've gotten hit here recently because i think with bond yields

despite a mixed bag for august sales ford, general motors both up 5% and avis is up a whopping 15% and hertzup 22%. is it too far too fast mike, what do you think? >> i think it is a little bit. i'm not too sure maybe some optimism coming the fact of the matter is that the secular head winds for the rental car companies and for the maker auto manufacturers i think remains intact even now when stocks haven't done well, the multiples tell you this i think they really do believe that we maybe hit the peak already. >> i always typically agree with mike and carter, they're a lot smarter than i am. i'll say this. look at ford motor company over the last 3 1/2, 4 years. lower lows and higher highs. it's been effectively straight up in an industry where they were selling cars at a record pace. if you want to be in the space, my opinion for a trade, we mentioned it yesterday, autonation is a place. >> yeah, that's definitely going to see a short term boost for sure one quick thing. texas is the leading place where pickup truck sales is the most profitable vehicle f-150. you have half a million to may

last week, why do i bring it up because if you're looking for a trade, it's stocks like this where hertz two and a half months ago that could have oversize moves to the upside this is one that might have that >> coming up, b irk o tech is on fire, but if you missed the move, we've got a way to catch the rally without getting burned you're watching "fast money. here's what else is coming up on fast ♪ >> and as crude has come a bubbling up, energy stocks have had their best week in the month, but there's something in charts that should test taking profits. we'll explain. plus ♪ it's coming. apple's new iphone and if you're looking to get long shares of apple, wel ow'lsh you how to do that for less than five bucks when "fast money" returns. where to get in... where to get out. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. sfx: t-mobile mnemonic sfx: t-mobile mnemonic sfx: t-mobile mnemonic t-mobile's unlimited now i

historic on a verse or ease israel has so much to be grateful for one hundred twenty years ago theodore hertz will convene the first sinus congress to transform our tragic past into a brilliant future by a stablish in the jewish state one hundred years ago the balfour declaration advanced her to the vision by recognizing the right of the jewish people to our national home in our ancestral homeland seventy years ago the united nations further advanced that vision by adopting a resolution supporting the establishment of a jewish state and fifty years ago we reunited our eternal capital jerusalem achieving a miraculous victory against those who sought to destroy our state theater heard was our modern moses and his dream has come true we have returned to the promised land revived our language in gathered our exhaust and built a modern thriving democracy tomorrow evening jews around the world will celebrate was. the beginning of our new year it's a time of reflection and we look back with wonder at the remarkable the miraculous we birth of our nation and we look ahead with pride to the remarkable

get right to it car stocks have been on fire ford, general motors, both up 5% avis is up 15% while hertzup 22%. is is it too far, too fast mike >> yeah, i think it is a little bit. i'm not sure, maybe some optimism coming from the fact that there's going to be some car purchases related to what obviously the disaster going on in houston but the fact of the matter is that the secular head winds for the rental car companies and major auto manufacturers remains in tact. even know with the stocks having done well this week, multiples tell you this. you wouldn't see them trading at sempb, eight, nine times earnings i think they believe we'll maybe hit pique. >> i typically agree with mike and carter they're smarter than i am. look at ford over the last three and a half, four years series of lower low, lower highs on a broader market tape that's been effectively straight up in an industry where they were selling cars at record paces my question is, if the stock couldn't go up then, could it now? if you want to be in the space, we mentioned it yesterday, auto nation is the place. >> that's goin

at the hertz car rental by the hobby airport, rows of vehicles could be seen airing out, awaiting inspection by insurance adjusters. mark hanna of the insurance council of texas says, there have already been 100,000 claims filed with many more to come. >> the auto insurance industry is going to feel a pretty good hit. >> reporter: at least 300 people remain in this neighborhood of 4,000 homes. and all this water from the reservoir releases is expected to sit here for at least a week. elaine. >> quijano: michelle miller in houston, thanks. in beaumont, texas, the recovery has barely begun. there is still water in the streets, but no drinking water on tap. anna werner is there. >> reporter: this is how dorothea celestine spent her weekend looking for water and food for herself and six children. your house has no running water? >> no. >> reporter: so, what's that like? >> oh, man, i don't even -- i can't even describe what it's like. it's just been hard for us, you know? >> reporter: we met her as she stopped at church looking for milk for her friend's 3-month- old baby only to be told the hand

safe stocks like berkshire hathaway and monta lees don't feel cheap and my favorite cheap stocks like hertz and spirit airlines don't feel safe hence my decision to shut down other notable funds that have gone out of business this year including part capital management and passport capital tilson says investors capital will be returned to them at its peak case handled one hundred eighty million dollars. if the era of the data portfolio selling data to feed hedge fund computers is one of the hottest areas of finance computers trade completely on their own at funds large and small now it could put humans out of jobs but let's talk about the nature of this information how it's collected and used please welcome a rumor gone he's co-founder and c.e.o. of x. earned thank you so much for talking with me about this listen daters one of the hottest commodities in the world right now you and i both know this and quantitative hedge funds are eating it up primarily interested in this automated measurable data they're the biggest buyers of it what exactly are they looking to mine. so it kind of varies p

rental agencies were granted a two million dollars settlement for wages earned but were never paid hertz thrifty and other businesses in the city of sea-tac refused to accept the fifteen dollars minimum wage law that voters passed in the city which took effect in two thousand and fourteen so they continue despite the law to pay workers only twelve dollars an hour but washington state's supreme court upheld the wall in the state's department of labor industries followed suit by announcing the back pay settlements to workers some employees will get as much as thirty thousand dollars for wages they never received since the law took effect many cities and states are still fighting to increase minimum wage standers to fifteen dollars an hour hopefully this announcement will be encouraging to workers seeking a fair wage as the cost of living keeps going up. that's all for tonight be sure to check out our web site. ball where you can actually talk to an attorney about any of the stories we covered on the show and find us on facebook at facebook dot com slash r t america's lawyer also you can no

let me ask you about your statement on 5.9 giga hertz safety spectrum.f we don't get that, and we don't get the exclusive use of that as your testimony advocates, what will that mean? >> i think it would be a huge setback. i'm more bullish on this issue than others. we do work closely with the national safety council on this issue. and feel that having connectivity between cars, trucks, and infrastructure is in my opinion the secret cause sauce because now you don't have cars cutting off trucks. two thirds of the accidents that involve trucks are caused bypass injury vehicles, driver behavior, speeding, texting. connectivity plays a key role as that becomes you know more of a problem, eliminating congestion. these are huge issues that gain from connectivity through that 5.9. if we don't have that, you are simplying go be to work off of other applications, blue tooth, for instance. we look a lot a platooning in our industry. trucks trailing trucks. that's done basically on a blue tooth platform. auto i'm not saying that's a bad platform to work from. but

at the hertz many cars are sitting with their doors and trunks open, presumably to dry out. >>> meanwhilebay area rescue grooms are stepping -- groups are stepping in to bring back dozens of adoptable dogs and cats. the strays were already in the shelters before harvey hit and were considered unlikely to be claimed. well, they are now headed here. the first group will land in oakland in a few hours. more will be arriving in san francisco tomorrow. if you are interested in adopting you will need to wait another week. >>> california experiences a disaster on the scale of what we have seen in texas it's likely to be from a massive earthquake. the north ridge quake that struck in 1994. what you should be doing now to prepare. >> let's go back to that january morning in 1994 along this stretch of balboa boulevard. this massive sink hole was caused by a water main break and as you can see from this picture a few hours before the flooding was massive. then huge flames from a ruptured gas line cost at least 5 homes to catch on fire. >> we somehow you this because we want you to know an earthquake

we've seen in your sector in the auto dealer sector, your stock is up 16%, auto nation is up 10%, hertze same notion people need cars. are you seeing the immediate boost to prices because the knock on the industry before this event, before these two storms had been that used car prices were basically falling off a cliff. but this is a huge event it's sort of like a mother nature's cash for clunkers program where cars are gone. inventory becomes tight. are you seeing prices rise >> not yet but we'll see a short term dislocation in the market and the prices will go up but it's a big flexible market over time i don't think it will be a big factor there will be short term reaction we're okay right now but sales have been picking up the last four or five days to a fairly substantial degree. >> i bet approximately 500 employees, you mentioned, experienced some level of hardship, do you do anything for them? what's the process for them to get back on their feet >> oh, indeed. we've raised almost a million dollars in a relief fund people have been fantastic, other dealer groups have made contri

hertz . herts is doing something out at sfo that says lock your vehicle take your valuables.here are signs set up at in the marin headlands that show photo's of car break-ins and information on how to avoid being a victim rangers also help get the word out by conducting impromptu car inspections and give parked cars an unofficial report card by looking for the things the bad guys look for we have doors left unlocked which is a common thing, windows or sunroof open and our biggest problem is valuables left out in the open such as purses, luggage or gps's but honestly are auto burglaries really that bad in a national park it horrible in 5 years just this park including the presidio and golden gate nationa recreational area there have been two and a half million dollars worth of items stolen. 2 and a half million and that under reported i was curious was this a national trend of all the national parks in the country, there's over 400 right now golden gate national recreations ranks number 1 and it not even close who is number two so while ranger goodwin is trying to stem the tid

riggs is here to tell us the story of hertz. >> all dilation concerns tripled in the last three months in june to $8.70 a share and rising yesterday to almost $.24 a share. , then a rebound. valuation concerns. what has been fueling the growth over the summer is concerns that it had bottomed out in the second quarter then that look to be recovering. concerns over fixed costs, negative pricing data, it had appeared to be perhaps behind us. some notes that with the hurricane, that would help fuel demand. that providing a positive picture. terminal, wento my can talk about the valuation concern. you can see the share price in yellow coming up despite even a consensus, on a steadily decline . morgan stanley analysts say the fundamental outlook is challenging. goldman sachs earlier had pointed out that free cash flow in 2017 remains elusive. vonnie: what about the competitors like avis? toa lot of the notes pointed -- if you look at the industry as a whole, there are problems that are widespread, like the evaluations of used cars and how much to depreciate them. that is an industrywide issu

the flooding we'll likely see something similar in florida, as well, as you take a look at shares of hertzthese are a couple stocks that were beaten down earlier in the year or last week they needed one to get out of the houston the rental car companies are benefiting because of everything that's been happens. >> indeed. phil, thanks very much we have 20 minutes left in the trading session here with the do you up just 71 points. shares of travel booking site trivago sinking today. >>> and ahead richard trumka he quit one of the president trump's advisory councils. we'll get more on that po decision stay with us ...it starts a chain reaction... ...that's heard throughout the connected business world. at&t network security helps protect business, from the largest financial markets to the smallest transactions, by sensing cyber-attacks in near real time and automatically deploying countermeasures. keeping the world of business connected and protected. that's the power of and. >>> one market we don't often talk about, orange juice futures. they are spikes in anticipation of hurricanes irma acc

this ironically is good news if you are an investor in hertz or avis.this along with what happened with harvey, not everyone wanted a vehicle to get out of town or will need one to replace one that's damaged, this is one of those few scenarios that works out well for investors when you're focusing on the rental car companies. also by the way, a positive note from goldman sachs on the rental car space. guys, back for you. >> yeah. ironically it will help car prices which have been hammered aswell from those companies. phil, thank you. the storm still is a category 5 and head straight for florida. we don't know where it's supposed to hit and up projection has mime right in the crosshairs >> joining us we welcome michael brenn, senior hurricane specialist this is not a storm to fool with, is it? >> no, it's not. irma is a very, very dangerous hurricane category 5 right now it's approaching the turks and caicos island when 115-mile-per-hour winds right around the eye and potentially devastating storm surge there of 15 to 20 feet, but we are expecting irma t

hertz and davis getting hit hard.rallies away ever done -- way underdone. evaluations way too high. a pop, ofeaf getting 10%. they make seatbelts and airbags and are thinking about separating passive restraint systems from electronic units. they're trying to boost returns from driverless technology. the board has not approved it. in stockholm, shares have the best day in eight years. jonathan: thank you. is sentiment versus fundamentals paired cpi data early this morning indicating inflation may finally be getting back to track to reach the fed's target. treasury yields initially spiked, but it was short-lived, possibly due to the threats and missile tests headlines from north korea. that left investors with a dilemma. another safends havens due to the threat or do you sell bonds and buy the dollar because of cpi? we have jim a corgan, principal global investors ceo, and one of our bloomberg colleagues. need to do told you this to three decimal places, because what was .2 -- >> it was very close to .3%. it was like .2

hertz put up on the slide there, if you have trucks talk to one another this minimizes risk. >>as you think about the future of trucking and one where we might attract more people into the labor market. thank you so much. >> thank you, senator young. senator blumenthal? >> thanks, mr. chairman and thank you, senator peters for your work on legislation that raises some of the issues that bring us here today. i think we need rules and regulations in this area, rules that guarantee safety. i was deeply disappointed by the guidance issued yesterday by nhtsa which struck me as anemic. in effect, a giveaway to the industry and it could result in lives lost unless we had enforceable regulations that protect the traveling public and not just the folks who may be behind the wheel, but also passengers in vehicles out on the roads today and driving continues to be one of the deadliest activities as you observed ms. hertzman and thank you for your work in this area. the reason that framework issued concerned me so is that it depends on voluntary self-assessments by the industry as oppose