hertz is back to the finance drawn board after they ran into some regulatory objections. >> hertz ise prowl for cash. the bankrupt car rental agency is running out of the usual option to repay its creditors. assets? it sold cars in june and july. keep operating to generate cash. second-quarter results paint a pretty grim picture. revenue reported a loss of almost $850 million. the travel business is not likely to recover until there is a vaccine. sell stock? theingly enough, this is part that is fascinating. hertz file for bankruptcy but the stock surged anyway. robinhood daytraders bought up travel companies and retailers. hertz took advantage of this by selling shares. hertz said bankruptcy would likely make its stock worthless, because secured creditors are paid first, then unsecured creditors, and then finally stockholders. sell $29aged to million of shares before the sec stepped in. toone point, they planned raise $1 billion in the sale before reducing it to $500 million. even still, $29 million is pretty impressive. does raise the question of how easy it will be to get that len

take a look at hertz's website. thousands of vehicles are now available for sale and the website promises you know what, no haggling. hertz gets to keep up to $900 of each sale price. the rest has to go to creditors. despite this potential new flood of supply, jd power claims used car prices which are currently at record highs will not be shifting into reverse any time soon. they will stay pretty high. let me take you to jeff flock live in burns harbor, indiana where one used car seller can't keep vehicles on the lot. jeff? reporter: he's not the only one. it's crazy. i see three ford explorers. usually they have dozens of these, used vehicles. john schmidt, used car manager at lakeshore ford, this is crazy. you cannot get enough used cars to sell. >> it's extremely difficult. there's low supply so everyone wants it. reporter: take a look at the numbers. you know what the numbers are on new car sales, down 30% plus for all the big three, but used car sales are actually up 9% year over year compared to last year. >>

children can hear frequencies of between 16 hertz and 20000 hertz grown ups gradually lose the very high frequencies. the more our hearing range diminishes the greater the impact on our every day life . sound frequencies are to the ear what colors are to the eye the fewer we perceive the less information we can register. saying oh it impaired hearing can affect any pitch from the low notes to the high notes such as birdsong or children's weiss's or the screeching hear in the background i said yeah. the ability to hear a wide range of sounds from low pitch too high is key to distinguishing speech from background noise that becomes ever harder as the range diminishes at some point voice and noise become indistinguishable everything melts into what blur of sound. as a rule when one's hearing gets that bad the doctors can't do much to help. so we need to protect our ears as best we can. if we're plagued by persistent stress or keep tormenting our ears with nasty noise we risk losing our hearing altogether . we still in 1000000000 but somewhere less noisy so it's important to give us some res

children can hear frequencies of between 60 hertz and 20000 hertz grown ups gradually lose the very high frequencies. the more our hearing range diminishes the greater the impact on our every day life . sound frequencies are to the ear what colors are to the eye the fewer we perceive the less information we can register. saying oh it impaired hearing can affect any pitch from the low notes to the high notes such as birdsong or children's weiss's or the screeching hear in the background i think yeah i mean there would. be ability to hear a wide range of sounds from low pitch too high is key to distinguishing speech from background noise that becomes ever harder as the range diminishes at some point voice and noise become indistinguishable everything melts into what blood of sound . as a rule when one's hearing gets that bad but doctors can't do much to help. so we need to protect our ears as best we can. if we're plagued by persistent stress keep tormenting our ears with nasty no. we risk losing our hearing altogether. we still in 1000000000 but somewhere less noisy so it's important to g

children can hear frequencies of between 16 and 20000 hertz grown ups gradually lose the very high frequencies. the more our hearing range diminishes the greater the impact on our every day life . sound frequencies are to the ear what colors are to the eye the fewer we perceive the less information we can register. saying oh it impaired hearing can affect any pitch from the low notes to the high notes such as birdsong or children's weiss's or the screeching hear in the background as i said yeah i mean there would. be ability to hear a wide range of sounds from low pitch too high is key to distinguishing speech from background noise that becomes ever harder as the range diminishes at some point voice and noise become indistinguishable everything melts into what blare of sound . as a rule when one's hearing gets that bad but doctors can't do much to help. so we need to protect our ears as best we can. if we're plagued by persistent stress keep tormenting our ears with nasty noise we risk losing our hearing altogether. we still in berlin but somewhere less noisy so is it important to give us some

children can hear frequencies of between 16 and 20000 hertz grown ups gradually lose the very high frequencies. the more our hearing range diminishes the greater the impact on our every day life . sound frequencies are to the ear what colors are to the eye the fewer we perceive the less information we can register. saying oh it impaired hearing can affect any pitch from the low notes to the high notes such as birdsong or children's weiss's or the screeching hear in the background as i said yeah i'm in there for. the ability to hear a wide range of sounds from low pitch too high is key to distinguishing speech from background noise that becomes ever harder as the range diminishes at some point voice and noise become indistinguishable everything melts into what dull blur of sound. as a rule when one's hearing gets that bad the doctors can't do much to help. so we need to protect our ears as best we can. if we're plagued by persistent stress tormenting our ears with nasty. we risk losing our hearing altogether. we still a 1000000000 but somewhere less noisy so it's important to give us some rest

hertz is $1.48 right now it of course declared bankruptcy and macy's is $6.24. but there's money in them there, the hills of struggling stocks and billionaire mark lazzry has been mining it and also the man to envisioned the biden harries team and milwaukee bucks co- owner too, what else are you doing mark the ceo, welcome to the clay monday countdown. >> well thank you very much thank you for having me. >> liz: great to have you what do you make of the market action right now? do you feel like it's a little frothy? >> i do think i think i'm more in the minority. it seems that the market keeps going up, and then when you sort of look at what's going on in the economy and everything, it doesn't really make sense other than the fact that the fed is there so i think it's really because of what the fed is doing that the market is reaching new highs. >> liz: let me just quickly get to what's happening in the last 24 hours. biden-harris gave a speech last night, you have been a supporter first of her, of kamala harris and then of joe biden. boy she certainly galvanize

. >>> at least 50 people are dead, more than 2500 hertz after this explosion in lebanon. windows shattered for miles in the capital city, the exact cause of the blast is unknown but local media is reporting that interrupted after a fire started at a warehouse. >>> right now los angeles police are investigating a deadly shooting inside a mansion filled with at least 100 unmasked people. the owners of the home have rented it out, but say they had no knowledge of the party. a woman was killed and two other people hurt. there is concern tonight about the possible spread of coronavirus since a number of people there were not wearing masks or social distancing. and president trump signs the great american outdoors act giving about $900 million towards protection of federal public land and water. trump described the impact on our nation's parks and stumbled a bit while describing our neighboring natural wonder. >> when they gaze upon the towering sequoias their love of the country grow stronger and they know that every american has a duty to preserve this wondrous inheritance. >

children can hear frequencies of between 16 and 20000 hertz grown ups gradually lose the very high frequencies. the more our hearing range diminishes the greater the impact on our every day life . sound frequencies are to the ear what colors are to the eye the fewer we perceive the less information we can register. saying oh it impaired hearing can affect any pitch from the mono it's to the high notes such as birdsong or children's weiss's or the screeching hear in the background as i said yeah. the ability to hear a wide range of sounds from low pitch too high is key to distinguishing speech from background noise that becomes ever harder as the range diminishes at some point voice and noise become indistinguishable everything melts into what blur of sound. as a rule when one's hearing gets that bad the doctors can't do much to help. so we need to protect our ears as best we can. if we're plagued by persistent stress keep tormenting our ears with nasty no. we risk losing our hearing altogether. we still in berlin but somewhere less noisy so it's important to give us some rest yes definitely. b

demonstrations over this month's disputed presidential election results the brother of a suicide bomber hertz hacked a concert in manchester in the u.k. 3 years ago has been sentenced to 55 years in prison 22 people who were among those attending a concert by area on the ground they were killed when a baby detonated explosives investigators say his brother hashem helped source materials for the bombing up next is inside story after that i'm here with the news hopefully see that. they staged a coup and forced the president to resign mali's new military rulers under pressure to restore democracy so after weeks of unrest what's next for this west african nation and committed to take over prevent this is inside story. hello welcome to the program i'm husham. money has seen weeks of antigovernment protests and rests on tuesday its military took charge and forced the resignation of the president the co-leader say they want to prevent the nation falling further into chaos the soldiers have pledged to set up a whole civilian government and hold elections the minute to take over follows the demand by

about $100000000000.00 nerve cells switching at about $1000.00 sent apps is switching about $100.00 hertz something like that which gives you 10 to the 16th operations per 2nd so the singularity neuroscientists henry markram and everybody said well if you can have a computer do 10 of the 16th operations per 2nd it will be conscious because that's what the brain is brain does and the brain produces consciousness therefore a computer like that would well we've already reached that and it does it and but i didn't know why and i was one day in about 990 somebody said to me it's ok let's say you're right and there's all this information trust us in going how and then explain consciousness how that explain joy feelings the shade of blue paint in this entity all these feelings and emotions what's now known as the hard problem consciousness and i really didn't know but fortunately that person suggested i read a book by roger penrose called the emperor's new mind which attacked the idea that consciousness is a computation and he used girls theorem and basically argued that something like understan

penney and hertz that have actually declared bankruptcy filed for chapter 11 and yet investors in general are so convinced that because of the fed's extraordinary actions to contain the al fall of the credit market the credit bubble bursting at the fed no matter what happens is going to have their back with i mean that's like the fed choosing winners i mean is that really helped me through the economy because it again that's kind of an evolution i mean that's a choice it's not really market forces as we're always told to worship here i find that really quite bewildering and what is the doing if you're buying corporate bonds i mean this is this is it's it's not creating an even playing field how do you explain what the current. what the fed is doing right now is credit allocation but what the end result is is the likes of price distortion the likes of which we've never seen it is almost impossible whether you're investing in a bond or a stock right now to say what its inherent underlying value is you've got 40 percent for example of the standard and poor's $500.00 it's pulled guidance all

did a stock split which if you know just like the people who piled in on the bankrupt companies like hertz and whiting petroleum even though they're going to lose everything here is like splitting your stock does it add any value to the company but it makes people feel wealthier because they have instead of having $100.00 and they have $400.00 shares right now there's a couple of stories there 1st of all tesla is i mean that's worth close to $400000000000.00 in the main economy and i've been saying that for years now you don't can't find an auto company it's not a technological company it's a mamal that is embraced by the robin traders and other main traders around the world and has a $400000000000.00 me that's what it's worth that's how you value it 2nd of all it's funny people are saying oh tussles up on the stock split it is and they don't mention that all that apple computers up on stock split news apple computer splits its stock for for want and it's up by 30 or 40 a $1000000000.00 much more in dollar terms than tough it was purely on a stock split knows this is an old wall street saw

demonstrations over this month's disputed presidential election results the brother of a suicide bomber hertz hacked a concert in manchester in the u.k. 3 years ago has been sentenced to 55 years in prison 22 people who were among those attending a concert by area on the ground they were killed when a baby detonated explosives investigators say his brother hashem helped source materials for the bombing up next is inside story after that i'm here with the news hour hopefully see that. they staged a coup and forced the president to resign with mali's new military rulers and pressure to restore democracy so after weeks of arrest what's next for this west african nation and committed to take over. this is inside story. hello welcome to the program i'm husham.

hertz raise raise $29 million th stock sales. there's hertz in the premarket.ent. apple will reportedly unveil the new apple watch and ipad at an event in mid-september. leaked images of what is the new ipad air have been circulating on social media for a few days. the tech giant registered several versions of the apple watch and ipad. ahead of apple's stock split, it is up about more than three quarters of a percent but that stock split is today at the opening bell. and there's this, dramatic finish to the bmw championship, john rom sinks a 66-foot putt at also of i'm yolympia field to dn johnson. rom's put, the longest of the season, was good enough to get him the second win of the year. after making that play, he said he can't believe what happened. a lot of people that love golf couldn't believe it either. those are your head lines. dagen: love that. president trump planning to visit kenosha, wisconsin tomorrow. which iwisconsin governor tony s asking the president to reconsider, saying he is concerned your presence will delay our work to overcome division

the fact is refugees and hertz for recipients both get $400.00 euros per person per month. you still you know nobody is disputing the you can. say this it says the good news no they called. it's monday night in dresden near the beautiful square showcasing the cultural glory of germany's pos each week that he does the growing right wing movement claims a spot to protest against the government of i'm going to merkel who they regard as the principal enabler for the istomin is a ship of germany. to get us supporters are renowned for their hatred of the press and the police presence is partly to protect the journalists. but heinz york was willing to explain what was going on and why is it the it's money how do i get because it's because shop with a good long just years shop or both were tearing it up see i knew bill wolfie she qualified because she wanted me to bust the out stars who are you you need to go on as is saw the assumed past and you could see because. a little political pot tied to flourish in the damir called sin defied on me and i was covered under us for peanuts or

look at company like hertz go from 40 cents to $5 basically on nothing. kodak basically on a rumor. thatthat is a problem. we forget what a stock certificate represents. it's a contract between you and company that entitles you to earnings or dividends of that company. that is what it is. the rest is a story. cheryl: i'm glad david brought that up, headlines like eastman kodak, grants of options, protected from stock performance. the average person sees that on the face of "the wall street journal." it makes them nervous. feels there is not a place for me in this market. i'm still getting pushed out by folks on the inside. >> i strongly advise investors not to chase the market and not buy single name stocks. i'm very much in favor of more passive invests. you may not see the upside, but based on volatile markets they are. this is manipulated market. the fed is really driving equity valuations and keeping rates low. so retail investors be careful about chasing markets. what we're seeing is citadel securities put this out, 25% of the stock market is driven by retail investors right no

which is, you can buy a slice of a stock, and suddenly a lot of these stocks are moving whether it's hertz which to me was a complete shock because it filed for chapter 11 bankruptcy protection and it was a dollar stock and suddenly everybody's piling into it, it goes up to four, now it's back down. do you look at something like robinhood and if you had friends who said should we be on that, should we be following the names that are super-hot right now, whether it's kodak, which today is falling on all kinds of concerns and news that it did not control a private deal with the u.s. government before officially announcing it? what would you say to investors about following the herd in that regard? >> trading stocks has become a national pasttime. i get stopped all the time by people normally the ages of 19 to 24 that tell me how much money they are making in the stock market. just a wonderful thing for a professional to hear that. so robinhood traders are robinhood traders. everyone has the right to buy stock. if you lose money, you hope you are a qualified investor, read before you invest,

children can hear frequencies of between 16 and 20000 hertz grown ups gradually lose the very high frequenciesthe more our hearing range diminishes the greater the impact on our every day life . sound frequencies are to the ear what colors are to the eye the fewer we perceive the less information we can register. saying oh it impaired hearing can affect any pitch from the low notes to the high notes such as birdsong or children's weiss's or the screeching hear in the background as i said yeah i mean i call it. the ability to hear a wide range of sounds from low pitch too high is key to distinguishing speech from background noise that becomes ever harder as the range diminishes at some point voice and noise become indistinguishable everything melts into what dull blur of sound. as a rule when one's hearing gets that bad the doctors can't do much to help. so we need to protect out he has as best we can. if we're plagued by persistent stress tormenting our ears with nasty. we risk losing our hearing altogether. we still in 1000000000 but somewhere less noisy so is it important to give us some res

. >> we have public and private partnership the employers came from hertz rent a car and many privatee city staff so the airport is here, starbuck's is here we've been retail we have restaurants, we have offices and so the young people will get an opportunity to partner search warrant with so many of the great champions for jobs. >> for the past 5 years we've hired over 3 willed youth to work as business traces they have been promoted to supervisors. >> if you're doing a job at starbuck's the opportunity for them allows them to understand math if tire working at anothers architectural firm understanding debris or a media to understand reading and writing differently those are opportunities that the mayor is clear he wanted to provide we're going to be do mock interviews helping young people that the resumes a it pulls them to the career opportunities and building inspection commission make sure they're prepared for those opportunity educational and in terms of their preparation skills by the time many of them leave they'll leave with jobs and new relationships building their network o

good morning to you starts off with e-mail we often miss like this one i got from hertz points expirexpire each year after months go by without activity poof they can go away depending on the program many travel he related companies extended expiration dates at beginning of pandemics soon those are ending not traveling no problem david fleming says he can rescue them ordering restaurant food. >> basically, you set up your credit card, you sign rewards network pick airline you like to travel with most every time you dine at participation restaurant there are thousands around the country, you end up with points in your travel bank a great way to suspend life of points just by eating out. >> i like that you actually in rv can't fly right now according to his report there are ease ways to keep balance from getting zeroed out purchase through airliner hotel chain shopping portal you apply something get points resets expiration date you can transfer to hotel, minimum allowable number usually 1,000 debt nicely charity it works to keep remaining points from vanishing if using loyalty card, i

hertz filed for chapter 11 back in may. i can't get them either. i feel your pain.oilet paper and paper towels now. that's a step in the right direction now. dagen: i used my last role of paper towels last night. [laughter] dagen: i know. it is what it is. [laughter] dagen: i shouldn't use that phrase. thanks, cheryl. u.s.-china tensions intensifying. china's foreign ministry imposing sanctions on 11 americans, senator marco rubio and ted cruz. the u.s. putting sanctions on 11 chinese and hong kong officials due to controversial national security law passed earlier this year. joining me now fox news strategic analyst retired four-star general jack keane. general keane, great to see you as always. where do we go from here? jack: where it's a strategic change taking place and due to china's malign behavior and accelerant has been epidemic that became a world pandemic and they contributed to the spread of it and clearly they are being held accountable and what countries are doing is they thee reassessing relationship with the chinese communityist party and some countri

when american airlines enterprise is higher today than pre-covid virus and i see what happened to hertz, in a market ends in tears. i said it a month ago. very next day, a young man regrettably committed suicide lost $700,000 day trading. things can you do. give a shout-out to my former partner sam martini. very, very good analyst. he spent a lot of time analyzing mr. cooper he had a view very different in the consensus view they reported three weeks ago earnings in quarter. get this earnings in the quarter equal to 50% of the market cap of the company. in cash. in cash. stock trading, what, stock trading at 14 now trading at 18. everyone had a price objective 12, 13 or 14 price objective now is 25. things you can find. got to be, work hard and you can find them. i find things in that third category. >> yeah. i know mr. cooper is one of your big holding. lee, one last really quick question before we go. that is a beautiful backdrop behind you is that real or one of these zoom sort of fake backdrops we all use? >> no. i'm sitting in the basement of my home. you know -- computer -- i'm no

roads, fix america's surface transportation act to be renewed what companies benefit we have a list hertzojects will do extremely well automobile production, no cars no dealer shelves coming back next four quarters not next four weeks but four quarters going to similar there jobs in michigan the rest of the country in addition to autos, housing where are the houses how do we accelerate he that interests low people say i want to own a home where what is right place how he chose help lennar i want to vote, 15 point discount from nonvoting companies that manufacturer housing capito skyline legacy there is a lot to be done based on that i am reasonably positive obviously, stay tuned to what you had before on political world next 69 days thinking about where how do we position, taxes how do we position regulation for the next five years. >> because it is a different position, right? i mean if donald trump stays in and gets reelected he is going to cut taxes cut deregulation, that is a very different argument than with joe biden gettings in raises corporate tax rate raises taxes by four trillio

you hertz of the detail there, a different time for all retailers right now.t degree of seriousness did you ta ke what degree of seriousness did you take when you are judging it, whether to buy it. whether they stuck to my size because no one does. thanks very much! from the soothing sounds of the ocean, to the heart—racing drama of an animal hunting its prey — nature documentaries can often be a roller—coaster of emotions. now a new bbc wildlife series is aiming to do the exact opposite. mindful escapes: breathe, release, restore intends to fully immerse and relax viewers. andy puddicombe narrates the programme and joins us now from los angeles. good morning to you, andy. good to have be with us. tell us why this is so have be with us. tell us why this is so different. i grew up with david attenborough like most people in britain and we all know the nature programming inherently brings a certain amount of relaxation that we we re certain amount of relaxation that we were keen to take that one step further. how do we actually encourage a greater sense of relax