lauren: tracee carrasco joins us more with that. reporter: good morning, ladies. moving forward on proposals to investment groups to buy shares in step seven and has considered a third offer. the japanese conglomerate, the other consortium and early investor in "the new york times" software which are preliminary and shareholders rather than issuing a share investment groups will begin a process that could lead to formal investment terms. >> hot hbo, this is continuing to go on. the hackers took on the computer networks have an episode from the return of curb your enthusiasm in october. this latest to get hackers from hbo. six months of their salary they make allegedly 12 to $15 million a year. the hackers claim based toward internal document from hbo as well saying they are not in communication. they are not going to negotiate. good for them for fighting back. amtrak has a special eclipse train route and it's sold out o'reilly. >> they are cashing in on the solar eclipse. amtrak's round-trip service to and from the best eclipse viewing area sold out in less than a

lea: tracee carrasco joins tracee carrasco joins a smart guy. making news this morning. true money, ladies. a year after samsung discontinued the galaxy note seven smartphones, 10,000 galaxy note for devices have been recalled because of concerns they could overheat posing a risk of fire or burns to users. batteries placed in refurbished at&t stance on galaxy note for cell phones by supply chains distributed as replacement phones to 18 t.'s insurance program from december 2016th of april 2017. they discovered the recalled batteries are counterfeit. i want to mention that these galaxy note four is released in 2014. >> many people might be eligible for an upgrade. the hits just keep coming for samsung. labor day is upon us. i can't believe it. what should you know is you're traveling? >> it seems like every holiday is the busiest holiday to be traveling. bracing for yet another huge surge in travel thanks to low fuel prices and improving economy and decreasing airfare. 16 by 1 million passengers will fly on u.s. airlines on the seven-day travel. w

cheryl: tracee carrasco jury tracee carrasco jury disregarded other headlines. reporter: good morning, ladies. martin shkreli who made headlines when he raised the price of its aids drug by 5000% was found guilty and to put the security guard at one point the security for another incident. in an exclusive interview on warnings with berea with maria bartiromo says he will repeal charges won't do any jail time. listen to what he said. >> i don't think i'll have to forfeit any money. don't think i'm going to jail. we saw a major insider trading case the other day settled by the ftc. no jail time. just a settlement to either settlement to neither admitted nor denied wrongdoing. hundreds and hundreds of fcc cases never get brought to the criminal division. no one gets arrested. trade to yesterday when he was armed with berea, this had nothing to do with the drug company. people seem to get that confused. lauren: or maybe he was innocent. he said they made money. he is still saying he didn't do anything wrong. cheryl: he was very clear about that yesterday appeared am

tracee carrasco joining with the headlines. good morning, tracee. >> good morning. wal-mart is the largest world retailer in google the most popular search engine teaming up to take an amazon to take an amazon page shoppers to choose from hundreds of thousands of wal-mart products through the google express website which is the online shopping marketplace that includes retailers like target and costco. do this through the mobile app or voice activated google home which is like amazon .co. the partnership will be available to shoppers in late september. this is the first time wal-mart will be offering the chance for people to shop outside of its own website. lauren: voice back to beijing right now. >> move over alexa. lauren: shares being marked down by some mutual fund companies. >> cents per share stock publicly commit mutual fund companies estimate the worth each quarter. according to "the wall street journal," for mutual fund companies at the vanguard group has marked down their investments and interest match is 15% to 41.46 a share. uber has the market valuation

good morning, tracee carrasco. reporter: starting today, tv is coming to facebook. new section called clustering regularly scheduled appointment viewing to facebook pick the ones that most people haven't heard a firm tommy mack in major soccer players relaying stories that will expand several big-budget reality dating shows that will debut. viewers will be able to connect with people during an episode with people who like the same shows afterwards to build a community. >> does this mean facebook live with the company they are saying good numbers. >> it's all going to depend on the content of the shows. >> from facebook to snap, back and neck start, the apo didn't go so well. >> exactly. that's what investors want to know. the parent company of the snapchat app that went public in march as the stock briefly rose has been in freefall. analysts expect to see an increase in the number of snapchat users up to 178 million, but investors wonder snapchat can grow its user base to combat copycat facebook. train to the stack is actually down, right? wow, wow. lauren: oprah wi

lauren: tracee carrasco joining us with more on that. >> vulnerability used in the 500 rain maps haskers to change what you're after is after you download and install it in the problem has affected millions. it was discovered by the look out and did not in the app, but was seeking targeted to have between 50 and 100 million downloads itself. the avs may have a use compromise security development kit. google play removed of this updated version. the best thing to do is update your phone when you get one of those alerts. lauren: rvs catching in a "game of thrones." >> if you want the authentic "game of thrones" being party, they are adding a special item to its menu for the gamut from season finale airing this sunday. rb so sign. king arthur and his fans know nothing good comes without a catch. this is available at 93 kingdoms as they call them across the nation. cheryl: that's obviously complete "game of thrones" commercial. tracee: it's like what you get at the renaissance fair. trade actually, they are pretty good at disney. there is a new kind of terrifying video from kentucky frie

lauren: say it isn't so, tracee carrasco making news, good morning. >> uber not only put passengers at risk when it released faulty cars according to wall street journal, uber bought more than a thousand defective cars, recall for electric component that could overheat and catch fired. one of the recalled vehicles did catch fire. left the cars on the road while waiting for replacement parts. uber told the journal it did take swift action to fix the problem and, quote, we acknowledge we could have done more. lauren: google is not always known for being cool when it comes to social media but they did try to do something about that. tracee: they did, could have, should have, google could have been part of snapchat. google held talks and offer of 30 million but snap notoriously steven showed no interest and we know how that's been working out since snap ipo ' d climbed about 2% after weeks of decline. cheryl: well below ipo price. google offer was a pretty good one for the company, i'm sorry, after what's happened. viral video from airport. you will want to take a look at this. it's going

cheryl: tracee carrasco joins us with more on that. >> good morning, ladies. a narrower than did loss on wednesday that double in the strong revenue driven by deliveries of its marvelous suvs. the concerns ahead of the arrival of the new model three. tesla stock has been on a run this year rising 50% of more than 6% in premarket trading following the report. cheryl: speaking of elon musk in this company. the hyper lou, this big problem is made, how is he doing on that? reporter: one of the few tech startups hoping to create a transportation network of the future announced it has succeeded in tripling which travels through a tube in his bill for passengers or freight and recent 500-meter test outside of las vegas. it uses magnetic levitation to hover above the track much like an air hockey, speeds of 192 miles per hour. the company is ready to start talking to partners, customers and government about its technology. it is faster than an airplane. >> it will revolutionize transportation. mark zuckerberg, had a face that has hired someone important to run his tea

cheryl: tracee carrasco all over this one this morning. hey, tracee. tracee: canceled it abruptly just before it was about to begin citing safety concerns after right-wing commentators published names of certain employees. reportedly said in e-mail to staff that googled decide today cancel after they might be outed publicly for asking a question in the town hall. cheryl: seems like an overreaction to me. tracee: the fired software employee, spoke and stemmed backlash. benchmark capital has sued travis in an effort to remove him from the board. lawsuit alleges kalincik defrauded directors into giving him more control in the board by hiding inappropriate and unethical directics. effectively giving him control over the designation of those additional seats. benchmark which has a seat on the board, it never would have authorized the move had it known about the gross mismanagement and other misconduct, at uber we are talking about all of the scandals. kalanick spokesman says the lawsuit is without merit. lauren: google keeps on giving. tracee: yes. lauren:

tracee carrasco joining us with more on this. we could see down 22 k. is a big part of the overall market today. tracee: absolutely. june quarter is the slowest. solid earning report which exceeded expectations. apple sold 41 million during the quarter of 2%. it also saw 15% increase in the number of ipad after several quarters of decline. $45 billion in sales for the quarter were up 7% from year earlier. profits improved by 17%. apple's cash pile grew to $26,125,000,000,000 up from 231.5 billion. the majority of the money is overseas, but that could change at the current administration pass this tax reform. for the three apple planes in the u.s., the president alluded last week tim cook said we will have some things that will say about that later in the year. let's get to the iphone eight. when will it be released? it expects sales for the fourth quarter which ended number to come in as high as $52 billion. an estimate suggests apple is likely to launch the newest iphone model in september despite earlier rumors of a possible delay. apple stocks up 6% i

lauren: tracee carrasco joining us with more on that headline and more.r the los angeles jury had ordered johnson & johnson to pay $417 million who claimed that the iconic baby power causes ovarian cancer. this is in a series of lawsuit verdicts against johnson & johnson and courts around the u.s. it will appeal the decision in the scientific evidence supports the safety of its baby powder. lauren: if you ever see a grandmother put baby powder on her granddaughter or something, moms go crazy. now they have this negative reaction about the product. it is a pr hit for johnson & johnson. more bad news for hbo in the hacking scandal that continues. it may be good news for fans. the hackers behind the recent hbo threatening to make the upcoming season finale of "game of thrones." >> there's only one more that matters and it is here. communicating with the website mashup offering tons of new still in beta and threatening to blink six episodes -- i'm sorry episode six and seven of the show. episode six aired this past sunday and did not appear to get leaked ahea

cheryl: tracee carrasco joining us more with that.ood morning. >> good morning, ladies could the google member who wrote the memo claiming tech jobs has been fired. according to "the wall street journal," software engineer james moore, the author says he's considering legal action against google for firing him not be complained to federal labor officials said that executive pledged efforts to silence him. google ceo says the more violated the code of conduct in the memo had caused the land by advancing harmful gender stereotypes in our workplace. cheryl: no manifestoes against your company if you want to keep the paycheck. reporter: no, of course not. especially one like that one. cheryl: cooper has put basically to rest that travis kalanick is coming back. reporter: boo-boo will not be bringing trust have a knack -- goober will not be bringing travis kalanick.. in a staffed e-mail reviewed by "the wall street journal," we are committed to hiring a new world-class ceo to lead the prayer. lauren: two companies with a culture problem. g

tracee carrasco has that in other headlines big news this morning.g, you guys. the fallout continues. tim fraser, one of the african-american ceos of a fortune 500 company announces he would be stepping down on twitter. as a matter of personal conscience. the president fired back with a few with a few angry treats of his own and have resigned from presidents manufacturing council. he would have more time to lower rip off drug prices in another one. merck farm is a leader in higher and higher drug prices fell at the same time taking jobs out of the u.s., bringing jobs act and lowered prices. kevin plank in president ceo of intel both left the council as well cited similar reasons. cheryl: a lot has happened in the last 24 hours. shocking news with fraser steadied he was out. cosco has been ordered to pay $25 million to tiffany and company. the ring about it just means that rail? >> cosco questionable. a federal judge revealed tiffany may recover. at least 18 points for a million dollars in damages over its sale of counterfeit diamond rings bearing the

lauren: tracee carrasco joining us now with more on that. >> good morning, ladies.with health care and tax reform yet to be worked out, the president says he is committed to working with congress on a massive $1 trillion infrastructure built pointing to a strengthened economy as he looks to move forward with this agenda. >> we have the highest stock market in history. we have gdp on friday. two points fixes a number nobody thought they would be for a long period of time. unemployment has spent 17 years. business enthusiasm is the highest they've ever seen it. reporter: some gop leaders say the infrastructure package will likely slip to next year. lauren: jampacked agenda. netflix has this problem. hbo does, too. hackers getting their most popular shows. lauren: hackers broke into its network send leaked unreleased episodes as well as the script for next week's "game of thrones" in a statement to variety magazine, it is working with law enforcement and outside security firms and data protection is the top priority. it is not clear who was behind this attack. cheryl:

lauren: tracee carrasco join us at that another headlines this morning. hey, tracee.onducting a preliminary investigation into whether they violated u.s. laws against bribery of foreign officials, specifically the foreign corrupt practices act. it isn't clear whether they are focused on one contrary multiple countries. uber said it is cooperating. this investigation is the latest in a series of legal issues and when he is officially announce as the new leader. >> back to houston for a second. nature airport hubs for united continental, et cetera still closed. we don't know when they will be able to reopen. >> this is pretty bad not just there, but across the country. 9000 flights canceled since friday because of harvey. 1500 flight today has been canceled, 1100 for tomorrow. bush, intercontinental and a hub for southwest were closed yesterday. uncertain when flight might resume. airlines have extended their change fee waivers because of the growing slight disruption. cheryl: obviously claims just don't go through houston committee go to other parts of the world and th

cheryl: tracee carrasco joins us with more on that story which is the story that keeps on giving.eporter: good morning, guys. that story is not going away. the google engineer who wrote the 10 page anti-diversity manifesto has a national labor relations board against google over his firing. could also initiate a separate receiving with the california department of fair employment and housing for the federal equal employment opportunity commission. a potential claim in court for alleged retaliation or discrimination under state or federal discrimination laws. all these court proceedings could of course take a while. the story will likely continue. cheryl: that face is so young. so much to say. let's talk about the big news for disney, obviously the report was pretty rough. reporter: walt disney did make a big digital movie yesterday, and announcing a director streaming service to compete with netflix. the service is expected to launch in 20 nay demand will be the exclusion for a new animated and theatrical disney pixar film. netflix will continue to have access to disney films thro

tracee: welcome back. and tracey carrascoeople killed and four wounded in a shooting at a public library in new mexico. the suspected shooter was taken into custody and being questioned. his motive remains unclear. apple has a law that take in a product announcement event on september 12 at apple expected to announce the new iphone. apple tv box and a new apple watch. the company just starting to recover from the flood most of last year. new products will be crucial to its future sales. in the midst of devastation from harvey, the family west of corpus christi found hope in the ruins of their home. their home was destroyed with a statue of the virgin mary. one family member said some may blame god and some may blame the hurricanes, but the only thing standing for holy things. lauren: thank you, tracee. hurricane harvey as high as 10 to $20 billion is close -- good to see you, william. >> day are saying we should claims by friday. not even a possible situation on the ground. >> it is today. people can file claims in all kinds

cheryl: tracee carrasco joining us with more headlines. good morning, tracee. transfer good morning. such a great message. warren buffett on countdown to the closing bell was asked about the consistent highs. she asked if processes any similarities during the financial crisis. here's what he said. >> not a bubble situation like it was then. but here you had a $20 billion asset class ownership with the big abuses occurred and when you had trillions of dollars worth of mortgages come at a good many of which people caliber aaa that turned out to be changing the economy. train for it they also discuss taxi firm which buffett believes will likely be passed. he's more optimistic than most. cheryl: that's a pretty good line for that one. the uber ceo make it to big changes. transferred they finally met the man tracing travis kalanick. their new boss was officially introduced to employees at an all hands meeting yesterday and first order of business. he vowed to address the toxic cultural issues that wrapped goober this year in a tree posted by the communications team,

tracee carrasco. tracee?the case of stolen material for the hbo but not in the massive data hack we followed last few weeks. police in mumbai have arrested four people in connection with a stolen "game of thrones" season 7 episode leaked online'd of the august 6 air date on hbo. according to reports in india, those four people are current or former employees of prime focus technologies, outside management vendor for hbo's paid tv distribution partner. they apparently had easy access to episodes of the show. they have been charged with criminal breach of trust and computer-related offenses. this is not related to the hack of hbo systems in late july where script of upcoming "game of thrones" episode was leaked online. most recently on sunday when episodes of the highly-anticipated return of curb your enthusiasm, those episodes also leaked ahead of its october debut date. maria, the standoff continues between hbo and unidentified hackers demanded millions of dollars to stop releasing stolen material. maria: tra

heather: tracee carrasco from our sister network, good morning. ee: pretty scary, general motors is recalling 8,000 trucks that have been found that lose power steering and potentially causing drivers to lose control of the vehicle, chevrolet silverado and gmc sierra pickup trucks, a software update is all that's needed. take care of that if you have one of those. heather: box office, dark tower. i haven't heard of it. tracee: the dark tower shot straight to number one in this week's box office charts bringing $19.5 million, beat out dunkirk, hanging onto third place emoji movie followed by girl's trip. heather: apparently a lot of people have heard about it. rob: they are planning to build a brewery between u.s. and mÉxico? tracee: make beer and not walls, that's the slogan, a scottish base brew weery. it's about collaboration and will be called the bar on the edge. sounds like a logistical nightmare to me. heather: time now is 27 minutes after the top of the hour. deadly boating disaster to tell you about. the freak accident that left two boy sco

heather: tracee carrasco from sister network fox business is here with details on the resort crack-downorning, tracee. tracee: mexican authorities swept 31 resorts, nightclubs in cancÚn and playia dell cammen suspending operations at two of them for serving unsanitary alcohol. among those suspended, 20-year-old wisconsin, she was received the bootleg booze, the mexican government is cracking down on tourists and it's illegal dangerous and produced under unregulated circumstances. heather: very scary. rob: strong and powerful and sad. heather: well known bar, fat tuesday being one of them. rob: absolutely. school bus driver shortage, when school is about to start up? tracee: just in time, school bus companies are spinning their wheels in an effort to get more drivers hired before the start of this school year. school bus magazine surveyed top 50 bus contracts in the country and they all said they had shortage of some kind. 54% said it was a moderate shortage while 22% described it as severe, 5% said they were flat-out desperate. yeah, not what you want to hear. heather: coming off a big

cheryl: hurricane harvey could affect more than just property, tracee carrasco with more on that and se we are looking at on the news this morning. tracee, hi. tracee: good morning, laid united states, harvey could disrupt oil operations in oil refineries along gulf coast potentially hurting fuel supplies and driving up prices, two refineries in corpus christi texas have already shut down. people have been busy filling up cars and gas canisters as harvey intensifies, gasoline futures were trading high after harvey gained strength. cheryl: let's talk about the potential for flight cancellations and delay. obviously you have the major hub in houston, united airlines, american has big operations as well, are we expecting a pretty rough day for travelers? >> airlines are offering the chance to rebook flights in an anticipation of harvey, most major airlines, american airlines, delta, frontier, jet blue, southwest and spirit and united are waiving any rebooking fees depending on travel plans, each airline has a different policy, if you'll be flying through texas or louisiana, check with yo

rob: that's right, tracee carrasco live in new york city at the national history museum with the big his eclipse could cost local businesses, tracee. tracee: hay, good morning, guys, a huge viewing party this afternoon and the eclipse is supposed to start here in new york city at around 1:23 this afternoon it is right in the middle of the workday so employers can go ahead add to the list of distractions, that will cost millions in lost productivity. estimates show that will cost at least $94 million when you estimate workers going outside for 20 minutes or so to take in the eclipse. now, that number pails in comparison when you look at days like march madness, cybermonday and also the monday after super bowl sunday. now, if you can't make it outside, you can go ahead and celebrate the eclipse all day long, we've got special deals that we found for you at dairy queen you can get a buy one get one free blizzard for 99 cents. denny's is going to offering moon pancakes and krispy kreme will have glazed chocolate doughnut and blackout, black velvet cupcake and the postal service has specia

cheryl: tracee carrasco live outside of new york museum of natural history with a look at a look anotheroast-to-coast event could affect businesses large and small. good morning. reporter: good morning, ladies. we are outside the museum of naturally as the outside manhattan were a huge doing better is for the solar eclipse. if you can't have this item will be stuck at work when the eclipse will start here in manhattan around 1:23 this afternoon, american businesses are set to lose a lot of money during that time. estimates show american businesses will lose $694 million as employee step outside for about 20 minutes or so to take in the eclipse. beverley palace in comparison when you look at basic march madness, cybermonday after super bowl sunday. if you can't have outside because maybe your boss won't let you come you can still celebrate all day long with special deals we've found for you. at dairy queen starting today through september 3rd, you can get a buy one get one free blizzard for 99 cents. they are just pancakes in the shape of the moon. all you can eat for $4. the touchy about

tracee carrasco joins us with more details. >> good morning. exxon closed located on the houston channel the floodwaters paralyzed in that area. the plan is the second-largest refinery in the country. processing as much as 560,000 barrels of oil a day and feeding fields in to feeding fields into pipeline feeding fields into pipeline and barges that move across the southeastern u.s. senate east coast. the projected path of sunday night included an even bigger refinery in port arthur texas owned by saudi arabian oil co. and produces 600,000 barrels of fuel a day. it isn't clear how long they could stay close. harvey knocked down almost 15% of u.s. refinery capacity out of commission, which threatens to boost fuel prices across the country. cheryl: a lot of shipments coming out of the port of houston got the east coast. that's what we see the effects. what about travel? >> we are looking at 5000 flights affected. flights have been granted about that houston's busy airports, bush continental distracting airline schedules all weekend. nation wide ha

lauren: tracee carrasco with more on that and the other headlines making news this morning. deal with federal authorities to settle claims that it overcharged the medicaid program by millions of dollars. mylan will pay $465 million. that settles allegation that is mylan misclassified epipen as generic product reducing the amount of rebates owed to medicate. lauren: tell us about the obama premium hike in iowa in. >> this is pretty big, iowa only obamacare insurer is looking for 57% rate increase, that's 13% more than they asked for in june. it's because of uncertainties over federal health care subsidies, this is a growing trend and insurers are stuck in holding pattern waiting on congress and the trump administration to decide the fate of obamacare. lea: we got clarity on the subsidies. i want to talk about this because i'm going on a little trip to alaska and i like to look at google maps before i do and now i'm hearing that google maps is going interactive. >> perfect time for you then, google will come in handy for people traveling, so anywhere in the world, travelers ca

. >> tracee carrasco on how this will impact the price of oil and gas prices as we approach a holidayeekend, tracee. >> good morning, ladies, exxon closed refinery when flood waters paralyzed the area. second largest refinery in the country processing as much as 6,500,000-barrels a day. harvey's projected path as of sunday night included a bigger refinery in port aught ur, texas that produces 6,000-barrels a day, harvey knocked 15% of u.s. refinery capacity out of commission which threatens to boost fuel prices across the country. >> yeah, across the state of texas, they produce about 6 billion-barrels of oil a day. so it's -- >> takes a while to get them back up and running. >> exactly. heather: flights being impacted. both airports in houston shut down? >> yeah, 5,000 flights affected. flights have been grounded at houston, bush intercontinental and hobby, air licenses had grounded nearly 18,000 flights as of late sunday night. many flights preemptively canceled on saturday. 1400 cancellations extend intoed today and 450 into tomorrow. all big u.s. airlines are waiving fees ticketed

tracee carrasco with the details in brooklyn. that was quite a press conference, tracee.orter: it really was. martin shkreli walked out of a press conference here half hour ago. he gave us all a press conference. he was delighted with the verdict. fight out of eight count that is good verdict as far as, found not guilty. the three charges you was found not guilty as you said, conspiracy fraud, securities fraud and conspiracy again to commit securities fraud. now martin shkreli as you know was the "farmer bro." he was notoriously known as ceo who charged 5000% more for a live saving aids drug. his lawyers said this was very difficult case because there was a lot lot of anti-shkreli sentiment. this is what martin shkreli had to say as he walked out of the courthouse. >> this was a witch-hunt of epic proportions. maybe they found one or two broomsticks but at the end of the day we've been acquitted of most important charges in this case and i'm delighted to report that. reporter: now in the case here federal prosecutors accused shkreli of cheating investors out of two hedge

tracee: tracee carrasco has the details. ee: always something coming out of uber, justice department is conducting prim their investigation into whether managers at uber violated u.s. laws against bribery of foreign officials. now, specifically the foreign corrupt practices act now isn't sure if they are looking into one country or multiple countries where uber operates, uber said it is cooperating, the investigation just a latest in a series of issues that away dara khosrowshahi. the board said in part we are really fortunate to gain a leader with dara's talent, dara is the best person to lead uber into the future and adding value to the lives of drivers and riders around the world while continuously improving culture and making uber the best place to work, that's a big one, uber announced it has ended its tracking of uber customers as they complete their ride to practice that caused immediate privacy concerns when uber added the feature in november, they said that's not related to the new ceo coming on board. dagen: this is

cheryl: tracee carrasco joins us with more on that.ood morning. >> an unnamed senior software engineer at google has now gone viral. the memo suggests google is fewer female engineers because men are better suited for the job. google employees says the company also and that a liberal bias among many employees make it difficult to discuss the issues. the vice president for diversity and inclusion said the employees in the employees in a mud fence to incorrect assumptions about gender and is not a viewpoint the company endorses, promotes or encourages. cheryl: world that individuals will have a job? >> i don't know if they knew who this is. train to you and you you and your reports to wall street penalties have declined since last year. >> x-ray. wall street regulators have imposed far lower penalties in the first six months of doldrums presidency during the first six months of 2016 according to a "wall street journal" analysis. the journal says a shift to business friendly stamp of regulatory agencies in the administration is one of sev

fox business's tracee carrasco is at penn station in new york city with the latest. ow many tickets have you bought? >> reporter: i bought five tickets. i'm really trying to win. but you know, this is a lucky store. about two years ago they sold a $58 billion winning ticket. so my fingers are crossed. now this is a $700 million jackpot. no one hit the powerball jackpot since early june. i'm asking people what they would do if they won. sir, what would you do? >> i would help the less fortunate, what i would do if i won. a lot of people need help. i would help the less fortunate. >> reporter: people like that want to give back. that's a great answer. here is you do if you won. you have two choices as far as payment options. i want to show you. you can take a cash payment. that is one lump sum payment of $443 million. or, you could do the annuity option, that is 30 payments over 29 years. that one lump sum payment, that is the most popular option even though a little less money. now as far as taxes, let's get to that. that is not so fun part. you will pay 25% in federal

tracee carrasco was standing right there in brooklyn when this all came down, and he specifically mentioned count 7, that was the count of wire fraud, found not guilty on that one, they were pleased with that? >> reporter: he did, liz, said he the government, that was their attempt to say he robbed peter to pay paul, and now martin shkreli just left the courthouse right now, followed by a gaggle of cameras, and as you said, this has been a busy afternoon out here, but martin shkreli and his lawyer both just spoke, they are delighted and pleased overall with the verdict. we have five out of eight counts, they said that's a good verdict. five out of eight counts not guilty. i want to go through all of the counts with you. count one was conspiracy to commit securities fraud. he was found not guilty. count two, conspiracy to commit wire fraud, not guilty. count three, securities fraud, he was found guilty on that one. count four was conspiracy to commit securities fraud, not guilty. count five, conspiracy to commit wire fraud, found not guilty. count six, securities fraud, guilty. count seven,

tracee carrasco is checking it out. tracee.'re being paid if you met on this app and you are a successful couple. for example, if you become exclusive, you can get an electric toothbrush, you're celebrating a birthday, a pair of birthstone earrings, meet the parents, moving in together, getting a dog, subscriptions to plaited, becoming a newlywed, a framed picture from your wedding day by frame bridge, there are 11 relationship milestones all the way up to first wedding anniversary and having a baby and the rewards get more lucrative obviously and as far as the rewards, they range in pop-up store called milestone market and that'll be first seven days, first-come, first-basis. i think it's great. maria: how does this company make money? how do you monetize that? tracee: they partnered with the sponsors for the prizes so rent the runway, they are giving something, gift certificate to celebrate first anniversary. maria: what are they getting out of it? >> to be partnering with them. tracee: it might make couples sign up for the s

all that -- tracee carrasco outside the brooklyn federal courthouse with details on the verdict. what do you know? reporter: cheryl it has been a quiet day up until now. we haven't heard anything from the jury. they brought a note to the judge saying they reached a verdict. i want to go down the counts. count one, conspiracy to commit securities fraud, he was found not guilty. count two, conspiracy to commit wire fraud, he was found not guilty. securities fraud, he was found guilty. count four, conspiracy to commit securities fraud. also found not guilty. count five, conspiracy to commit wire fraud, not guilty. count six, conspiracy fraud, guilty. count seven, conspiracy to commit wire fraud. count eight, conspiracy to commit securities fraud, found guilty. we heard he could face up to 20 years in prison. he pleaded not guilty. he denies all of these charges. martin shkreli, the so-called farmer bro, known for being the ceo who hiked up prices for a life-saving aids drug, he is here, charged with all the counts for defrauding investors in this case. we've been following this sever

joining me is tracee carrasco on location at brooklyn district federal court with the latest. reporter: martin shkreli, aka pharma bro, walked out of the courthouse with a smirk, he was delighted with the verdict, despite the three guilty verdicts on two counts of securities fraud and a single count of conspiracy to commit securities fraud. he was acquitted on five other counts of conspiracy. securities fraud carries a maximum sentence of 20 years in prison. federal prosecutors accuse shkreli of cheating investors out of millions of dollars out of a hedge fund that he runs, right here shkreli maintains innocence, he didn't do anything wrong, and his lawyer benjamin brafman is leaning for a lenient sentence. >> this verdict gives the court the enormous discretion in the kind of sentence that she could fashion and allows for a sentence that doesn't even have to include a period of incarceration, and if it does, to be honest with you, a much, much lower period of time of incarceration than the government ever contemplated. >> reporter: shkreli most notably known as the controvers

a very own tracee carrasco outside of planetarian. acee: there's going to be huge viewing event later here this afternoon, now this is going to be huge across the country. a lot of areas in the path of totality, they are seeing a huge bump in tourism. according to aaa the state of oregon which is going to be the first places to see the eclipse, they're expecting a million people to come into the state, now gas prices have gone up 6 cents to 2.75 just in the last week, now for those of us stuck at work maybe we are not going to be able to watch the eclipse, employers, now they are estimating they will lose about $694 million in loss productivity, employers -- employees going outside maybe to check out the eclipse, take about 20 minutes out of their workday and some places are even shutting down for the day. some of those businesses in the path of totality, but we've got deals for you to celebrate the eclipse kind of all day long. dairy queen, they're going to be offering 99 cents, buy one, get one free blizzards, denny's is going to hav

dagen: more bad news for hbo, hackers have now leaked more episodes of, well, an upcoming show, tracee carrascoe details. tracee, is getting worse. tracee: dagen, we have been ♪ ♪ ♪ >> that was good, let's go around again. it's fun. tracee: hackers have released unaired episodes of curve your enthusiasm which airs in october. also episodes of insecure, ballers, barks -- barry and they will quick releasing data until hbo pays the money. offering 250,000-dollar bounty payment. hbo says we are not in communication with the hacker and we are not going to comment every time a new piece of information is released. hacker may continue to drop bits and pieces of stolen information in attempt to gain media attention. that's a game we are not going to participate in. they have claimed to have stolen internal documents from hbo which they are holding as leverage. dagen: how do they stop this? it seems like they don't have a handle of actually how much was stolen? tracee: they don't know who is behind this. it seems like their networks are unsecured like weave seen with all of the cyber-attacks. kevin: my

tracee carrasco on the morning. could this be true, tracee? tracee: uber knowingly put drivers and passengers at risk. rented them to drivers knowing they were under recall without making the need for repairs. recall for for electric component that could overheat and catch fire. one of the uber recalled vehicles did catch fire. uber deactivated the faulty component and let the cars go out on the road waiting for replacement parts. uber told the journal it did take swift action to fix the problem and, quote, we could have done more. it only happeneo knows what other problems could have been out there. maria: br -- where did they get the cars from? tracee: it's hard to get the cars in singapore, they bought them in gray market, not authorized retailer, so from the auto importers who don't strictly enforce the rules. maria: more bad news for uber. >> yeah, i usually know what the real market value at uber, there's a lot of private equity must be and the reason we haven't seen ipo is because it can't ipo at the valuation some of the later investor

sandra: tracee carrasco coming thank you for bringing this story to us. after u.s.nce detected the hermit kingdom loaded anti-ship cruise missiles onto a patrol boat. how president trump's administration is cracking down next. tesla feels up on debt. elon musk new expansion plan to raise $1.5 billion in additional capital straight ahead. ♪ 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. . . . sandra: welcome back i'm sandra smith in for maria bartiromo. it is tuesday morning august 8th, top stories 6:30 a.m. eastern. north korea vow to go retaliate. the hermit kingdom lashed out after united nations sanctions promise to go never give up nuclear arsenal. embassador nikki haley says the u.s. will not run scare. the rising threat just ahead. global tensions doing little to wei

tracee carrasco looking at numbers of uninsured, for the unthinkable.orter: the insurance council of texas estimates one in five texas homeowners has flood insurance coverage which is offered almost exclusively by the federal government and sold separately from standard homeowner policies. figures from the national flood insurance program which is housed under fema show that only 15% of homes in harris county where houston is, have flood insurance. while only 20% of homes are covered in the county of nueces county and corp. russ chris at this is. -- corpus christie is located. insurance institute is estimated flood damage from harvey may actual from 2005's hurricane katrina, which so far is the costliest natural disaster in u.s. history. katrina caused $15 billion in damages that were paid out bit flood insurance program. there may be problems getting that money. federal authorization for the flood insurance program expires september 30th. the agency is nearly $25 billion in debt pause of past storms like hurricane katrina and sandy. so, neil, congressi

fox business's tracee carrasco with the very latest.r: for americans who own their homes that is where most of their value is. most homeowners seeing flooding for the first time based on harvey. values typically drop at least 15%. homes with water damage from harvey, could see their valuations by drop as much as 60%. the good news, if there is really any, flooded homes tend to regain the previous value within four years on average. meanwhile fannie mae said it guaranties loans on 36,000 homes in harvey's initial impact area, with $5.1 billion in unpaid principle balance. freddie mac says so far it counted 167,000 homes with mortgages it secured in the 18 counties affected by harvey. under fannie mae's disaster relief guidelines a mortgage servicer may suspend or reduce a homeowner's mortgage payments up to 90 days if it believes the natural disaster has adversely affected value and habitability of the property. if the natural disaster had impact on homeowner's ability to make mortgage payments. they will provide -- whose places of emplo

tracee carrasco has all the details, tracee.cee: dagen, if you're a sports bar it's a given, you will show supporting event which they will be doing tomorrow. showing the manny-paquiao fight, they said it would cost as much as $6 million about $5,000 per location to show that fight, so they only showed it in a couple dozen locations, they charged a 20-dollar price tag, people were not happy about that, since then, it's been, you know, kind of a downward spiral for buffalo wild wings, ceo is stepping down. shares of lost value, so they've learned their lesson, they're going to show the fight tomorrow night at nearly half of its 1200 locations, 600 places, you're going to have to check and see where the locations are but the fight is giving buffalo wild wings a second chance. dagen: are they expected, these buffalo wild wings to charge a cover charge? the few restaurants that did show the mayweather-paquiao fight charged about 20 bucks, are we expecting roughly the same? tracee: 20 to 25-dollar cover. dagen: better than paying $10

the second largest drawing in history, it is tonight, tracee carrasco is live here in new york city traceenn station sold 58-million-dollar winning megamillion ticket now as you said the jackpot tonight 7 hundred million dollars, second largest jackpot in u.s. history, now no won has hit the power balance jackpot since early june why that number is climbing don't get hopes up too much the odds of winning are one in 292 million, so you have a better chance of getting hit by lightning twice this year, than winning that jack pot unfortunately, but you know stay you do win get to payment options what everybody wants to know you've got two choices you can choose the cash option, which is a lump sum less money but usually more popular you walk away with 443 million dollars or the annuity option 30 appointments over 29 years, now something else not fun talk about the taxes your first going to have to pay 25% in federal taxes, and then state taxes on top of that, that varies and something important you should note, winners will pay taxes where they play, not where they live, so you may live in a s

tracee carrasco the details now. acee. >> we will be following this for a while now. we just added it got a episodes of room 104 along with the "game of thrones" script for an upcoming episode. ♪ >> yes, i need to speak to him. >> according to variety magazine coming security company hired by hbo to scrap for hack files from search engines has told google that hackers stole thousands of hbo internal company documents like employee names, e-mail addresses. also gotten away with copyrighted documents of images, videos and sound. any mail sent to hbo staff said at this time we do not believe that our e-mail system as a whole has uncompromised that the forensic review is ongoing. the company also says data protection is a top priority at hbo and we take seriously our responsibility to protect the data we hold. this seems like hbo is in damage control mode right now. maria: wow, this also brings up memories of what happened with sony back in 2014. that caused amy haskell to be ousted. >> this actually might be bigger than

tracee carrasco with the details now. first look at the survey, tracee. reporter: lending tree recently surveyed 1001 amended with and then found that melania women had much higher student debt, credit card debt and debt in general with an average of more than $68,000 compared to $53,000 of debt for millennial men. on the flipside, women carried higher credit scores than men, suggesting they were more responsible in paying down the debt. the survey found the gender wage gap is significant. 57% of millennial men have been manual in the $50,000 higher compared to 42% of women. interesting survey. maria: so what are they doing in terms of the data. >> i think it is student loans for both men and women. >> we see that actually play out to more women are enrolling in going to school and getting a college education. somewhere in 52% to 40%. dagen: much more in terms of getting medical degrees. dagen: i was going to make a joke about women being educated about but i'm just going to stifle. maria: south idea? [laughter] >> it's interesting because of millennial g

are trying to become netflix of movie theatres unlimited movies less than 10 dollars a month tracee carrasco>> sounds like could work yesterday as you said movie pass inscription based service will allow people to go see a movie a day announced in an exclusive interview on "mornings with maria" it would be lowering price from $50 a month to $ . 5 -- 9.95 less than price of one caused the web site to crash ceo told hollywood reporter movie pass traffic is 10,000 unique users per week six hours since dropped price web site introduce you 500,000 views customers clearly psychiatristed here is what chairman and ceo, partnered with movie pass said yesterday. >> any time you go to the movies unlimited like that 9.95 a month the experience in the theatre, i think big news. >> but i will tell you who is not excited amc theatres largest operator of movie theatres in the u.s. amc threatening legal action to figure out a way to stop remove pass from being used in theatres says good for a moviegoers theatres and studios in a statement says quote that price is unsustainable only sets a customer for you me

tracee carrasco the details. >> good morning, maria.r try to keep up with amazon and target making the move to respond can require in grand junction in grand junction to make transportation where companies help retailers diminished vocal deliveries by teaming up with stories of the network of carriers. working with grand junction and same-day delivery and hit other major markets starting next year. they want to disclose budget as they keep up with amazon. target shares around 23% this year. wal-mart is rolling out its out of the equation. shoppers will be able to scan and pay for items without stopping at the cashier on their way out. wal-mart is testing the technology of one of a dozen stores in texas, south dakota, arkansas, georgia and kentucky according to business insider. wal-mart shares upsetting teen% so far this year. trade to the sector retail sales due out this morning coming usually a market mover. we've got the company reported earnings from home depot already. what is your take on what we see today? >> we had retail sales

tracee carrasco has argued the details. reporter: good morning, sandra.y an unmanned senior software engineer titled google's ideological ego chamber. it was fewer engineers because they are better suited for the job. mmm memo published, company initiatives to increase diversity discriminate against employees and that a liberal bias among executives and many employees make it difficult to discuss the issues at google to the post comes as google goggles the wage discrimination by the u.s. department of labor which is time that google repeatedly pays for meant less than men in comparable jobs. the vice president for diversity and inclusion sent a letter to employees on saturday saying the memo would fence incorrect assumptions about gender and is not a viewpoint that this company endorses governor promotes or encourages. pretty crazy. sandra: who want to take this one on first? we, are you cool with that? >> now. so many different angles i can go with this. number one, we have to know that everything internal and communications can become external. we see i

terms of of the culture, regardless of are your own individual agenda, tracee thank you so much tracee carrascouston fourth largest city bracing for more flooding after days of relentless rain how president trump is handline first major national disaster since taking office. just like the people who own them, every business is different. but every one of those businesses will need legal help as they age and grow. whether it be help starting your business, vendor contracts or employment agreements. legalzoom's network of attorneys can help you every step of the way so you can focus on what you do. we'll handle the legal stuff that comes up along the way. legalzoom. legal help is here. . dagen: following latest on the devastating flooding in houston president trump monitoring the situation before he heads to the region tomorrow, blake burman live at the white house, the very latest. reporter: fema administrative long describing harvey as landmark event for the state of texas, he said the forecast, is something you simply could not have dreamt up, the video numbers staggering, long says up to 50 c

tracee carrasco joins us now. panhandling, you can't be arrested for that, but what is the other reason they can not be arrested? reporter: this is a two-fold issue because they are aggressively going after these tourists but the other issue is you know, their immigration status. as far as new york city being sanctuary city, law enforcement sources told the "new york post" before they wanted to come up with some sort of database for these costumed characters for these women to register but the sources say most of them are illegal immigrants, wouldn't register anyway. so police are having a hard time an forcing the rules, keeping them in this squares, boxes they are supposed to be in because of the policies. stuart: you can't, in a sanctuary city you can't go to someone say, you're illegal? reporter: police can't also, you know, unless they physically see them committing a crime, they can't go after them. as far as panhandling, i guess it depends on how aggressive they get. stuart: not a crime to panhandle? not a c