like a hertz and tenet. this one, i'm not so sure. >> something else that's falling, crude oil, hitting a fresh four-month low amid inventory concerns. let's go to jackie deangelis and the "futures now" crew. >> good afternoon, scott. the crude crash continues. oil dropping for the sixth straight session, now at its lowest level since june. anthony at the imex, what's behind the sell-off and what will put a floor under the crude market? >> jackie, scott mentioned it coming into this segment, inventory problem, and we billed 36 million barrels, so it's about fundamentals. inventory is very high. i'm short crude oil right now, and looking to short some more of it. i think we've still got 4%, 5% to the downside. >> rachel at the cme, curious to get your take on this. what is the decline for oil means for stocks? >> jackie, i think short term, it's actually going to be negative for stocks as some of the oil names can help prop up the market. we've seen a correlation between consumption and the economy. but liste

that's 60 hertz, 60-hert motor. that's what we have in this country. in europe, they have like 50 hertz motors, but there's a particular frequency at which the motors are designed to rotate. okay, gang, i'm gonna shift gears a little bit. if from electricity you can get magnetism, the question was raised a little over 150 years ago, can you go from magnetism and get electricity? --the answer is no, there's no way to do that. does that bother you a little bit? yeah. come on, gang. is there a way to-- is nature symmetric? yes. how many--oh, no, nature will go from here to there but that doesn't mean it will go from here to there. hey, how about it? come on, think. check your neighbor. can you go from magnetism and get electricity? okay, gang, how many of you be saying, "yeah, it's probably so that you can go from magnetism and make electricity." show of hands. well, almost--oh, okay. all right. okay. all right. all right. we're all together, yeah? okay, all right. let's see how that was done in 1831. this was done by a couple of physicists about the same

it left close to 30 dead and 70 hertz. it is the latest in a series of lasts and assaults, the worst wave of violence to hit iraq in at least five years. 'sother explosion in egypt sinai peninsula (soldiers dead and 35 wounded. that attack is the bloodiest in the region in years. near two went off buses carrying off-duty soldiers near sinai. there was another car bomb attack in cairo, that blast at a checkpoint. it will good four police officers. in cairo last night, riot police force protesters out of tahrir square. the majority of the demonstrating were speaking out about what they call egypt's military rule ever since president mohamed morsi was ousted months ago. tahrir square by revolutionary activists brought to an abrupt end. tear gas was used to drive protesters from the square. they have been there to mark the anniversary of bloody clashes. those who died protested against military rulers after the fall of hosni mubarak. >> we are here to remember the marchers. we are sorry because the revolution -- we are here to

enjoyed a relationship and we've installed structures at the gilman playground and ralph playground and hertz playground to name a few and provided community garden development and trail maintenance in glen common and berry no heights and all of those were done with various mechanisms. however, we bring money to the table. so finally, from 19 to the perpetrate sf cc has provided $1.4 million of the property 84 funding we received from the state to remove and rebuild remaining walls and this in the buena invest and adams rogers just to name a few. at the conclusion we having ask the rec and park fill out an evaluation for the core member performance and the overall quality of the project. for the future we want to partner with rec and park to get some funding forbid the rec and parks trail fund and others. in some cases the application will be more competitive if you use the core as a partner to perform the work >> thank you for your time and attention i want to show you a 5 minute video of our anniversary and some folks to say a few brief words about the projects they've worked on if that's o

resolution approving amendment no. 2 of the rental car center operations lease agreements with the hertz corporation, avis budget car rental, llc, ean-northern california, llc, dtg operations, inc., and fox rent a car, inc. for the period of january 1, 2014, through december 31, 2018. airport commissionn >> same house same hall. this ordinance is approved. next item. >> clerk item 3: 130913: [collective bargaining agreement, amendment no. 1 - crafts coalition] sponsor: mayor ordinance adopting and implementing amendment no. 1 to the 2012-2014 collective bargaining agreement between the city and county of san francisco and the bricklayers and allied crafts, local 3; hod carriers, local 166; building inspectors' association; the northern california carpenters regional council, local 22; carpet, linoleum, and soft tile workers, local 12; plasterers and cement masons, local 300; glaziers, architectural metal and glass workers, local union no. 718; international alliance of theatrical stage employees, moving picture technicians, artist and allied crafts of the united states, its territories a

liz: hertz plunged into negative territory. this is a tough business these days. >> they too faced higher expenses, liz. hertz is down over 10% today adam: pandora getting a boost after reporting listener hours. what is going on. >> win-win, win, pandora is up. liz: here come the bells but in the end pandora is a star. we're watching for tesla. nicole is watching for it. as we look and see as we finish up it is really the dow jones industrials, guys that has jumped up, down, up, down. [closing bell ringing] it was relatively flat until last couple minutes t was down 117, not 17. adam: the fact we came back is pretty remarkable too. we're looking forward. we'll talk about jobs numbers on friday. we're talking today about tesla. how can you avoid twiter? liz: we can't and we won't. s&p is something to watch because as you see at this level, 1762 you're still in very nice territory for the year. the nasdaq punching out a of gain of three points. we lost three in the minute 1/2 i said we were up six. russell 2,000 losing about half

journalists are with the help of voters infiltrating the kinesset: the father of political zinism, theodore hertz he will was a journalist. by the 1950s, much of the israeli press was dominated by party-owned newspapers with many members of the kinesset doubling as full-time writers. what is it about israeli society today that more and more journalists are cashing in on their high-profiles, trading reporting for politics? the listening post's flo phillips on what this means for governance in israel and for the media. >> throughout israeli relatively short history, media and politics have been closely intertwined, perhaps never more so than in the current crop of journalists turned politicians, sworn in to the 19th kinesset, a bunch of polished mks who applied the journalism skills to another field: politics. >> there used to be generals and lawyers and now journalists. i think it has to do about the change inisii society. either you like or don't like the candidate. it wasn't about party. it was will i vote for this candidate or that candidate? the parties were out. >> the changes that took place

let's break down what we're seeing as far as hertz. their profit dropped 12%. they have been facing higher expenses. but revenue did grow. so that is one bright spot. don't forget they did have the demand from the acquisition of dollar-thrifty. there is orbits worldwide. they faced more intense costs particularly for marketing costs. they had incentive-based pay. that is something that hit their numbers and cut their full-year revenue numbers and as a result we're seeing it down 18%. orbits has cheap tickets under its umbrella but a tough, tough day for both those names. back to you. see you in 15 minutes.le. ashley: sac capital given a record insider trading penalty but is this just being done. judge napolitano is here to rule on this case. tracy: we're days away from the nyse and intercontinental exchange deal. the intercontinental exchange is hitting new 52-week high. we'll tell you why coming up. ashley: u.s. dollar is down against all the currency yesterday. it is more mixed today. euro and canadian dollar and peso moving lower against the dollar but pound

as i shared with the students yesterday at hertz theater, when i see the film i can relate to instances when i was bullied as a kid. when i reflect upon being a student in the public schools, i can think about situations where i was a bully, where i said things, where i did things, when i went with the crowd, and i shared that with students yesterday. for me it was a very reflective time and i'm sure as everyone has seen the film it's been very reflective as well. but we started our school year this year saying we cannot have students learn, if we truly believe in social justice, and we do, we believe every student being able to learn is a matter of social justice. but if we can't have environments where students feel comfortable attending school, being comfortable with themselves and in themselves in a school environment we will never have students that are predicated in a way to be able to learn. we have to have safe schools. so what we did this year, when all of our administrators came back from summer break, every administrator from principals to the purchasing manager, everyone saw

rookie zack hertz all by himself to haul in that pass. and we'll say local, the rout was on. there was still more to come. it's folse to cooper for the

back forth, back forth, 60 times per second, we call that 60 hertz. and that's what your ac current is. it's just electrons sloshing back and forth. kind of neat, yeah? let's take a look at this again. i'm gonna hook this up like that, and lo and behold, it lights. what's the voltage across the lamp, gang? 12. 12. what's the voltage across the lamp now? 12. 12. what's the voltage across the lamp now? 12. 12. in fact, you know what i could do? i could keep this battery in this room. and i could take these two leads and i could bring them to the other side of campus. and over in the other side of campus, i just go like this, and i'd say, "what's the voltage across the leads, gang?" and what would you guys say? - 12. - 12. and it will light up over there. in fact, what do you think a wire is? a wire is just two leads that come from some power source somewhere else. but you got one of these things cut off and you hit a switch, boom, you connect it and you're on. you see, it's like this, turn the switch off, boom. turn the switch on, boom. there a little c

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rookie zack hertz all by himself to haul in that pass. and we'll say local, the rout was on. there was still more to come. it's folse to cooper for the third time. folk ties a record with seven passes. the raiders fall to 3-5 on the wrong end of a 49-20 score. fair to say the raiders thought they were headed in the right direction and as fred inglis reports. no one saw a rout like this coming. >> reporter: they were ranked in the top 10 in the nfl. but all of a sudden chip kelly's eagles turned into chip kelly's oregon ducks and the last thing oakland thought they would ever see is nick folse throwing seven touchdowns in this game >> i don't think nick has ever seen anything that would give him the indication that he would throw for seven touchdowns this week. what we did today was open ourselves up for those attacks. >>> it was embarrassing for us to, allow the team to score 48 points for us. it's almost like our backs are against the wall but we're not going to look at it that way. >> it's defense. we didn't do what the defense needed to do. >> there were 14 plays of 15 yar

. >> caller: what's the story in hertz? >> well, last quarter was bad. they cut the forecast. we hear them speak this week and have to tell you they're hurt i think by the government shutdown. i don't expect to hear good news again but i do believe long-term because of the consolidation of the industry hurts is a buy buy buy. richard in nevada. >> caller: big booyah to you. >> excellent. >> caller: i'm wondering why auto zone is $400 a share? >> because they buy up every share that moves. not literally but figurativley. >> it's the biggest most impressive buy back on the stock exchange. the airlines are flying high and things could look very first class for u.s. airways depending on the justice department but it really may not matter. it's delta, delta, deltas fly. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insur

stephen curry hertz's leg- ankle not once but twice. to be back as the kron4 morning news continues. vall orinal nch. it bomeshe fst tng th rea for ranch shedotats. hidd valy it >>james: the morning it is 7:00. our top stories this november 7th, twitter is going public today. a few store and attack and financial world. will be following the latest with this as the ipo proceeds, the bell has rung. we are waiting for the first numbers to come in on stock prices. >>darya: and a mother in the bay area is waiting for her to week old baby to arrive from mexico. we will have the latest on the ever alert from yesterday and how it found wound

>> caller: what's the story with hertz? we used to be in overdrive. now it's in neutral. >> the last quarter was bad. they said the number they got -- they cut the forecast. we hear them speak this week. i got to tell you, they're hurt by the government shutdown. i don't expect to hear good news again. i think long term because of the amalgamation and consolidation of that industry. richard. >> caller: booyah. >> booyah back to you, chief. >> caller: i wonder why autozone is $400 a share. >> they buy up every share that moves. not figuratively but literally. if you listen to the conference call, it's all about the buy back. number of shares, it's dropped dramatically. the biggest, most impressive buy back on the new york stock exchange. here we go. the airlines are still flying high and things could look very good, very first class for us airways depending on the justice department. it may not matter. it's delta, delta, delta's fly. >>> monday kick off the trading day with "squawk on the street." live from post 9 at the nyse. >> i'm a mini fan, by the

>> caller: after the hertz conference call, do you agree the big drop was overdone? >> yes, i thought that was ridiculous. i was going over that with my friend david faber, by the stock in the doghouse. they need to do a shakeup. they need to change their rental construction business. maybe sell it to uri. taking a stroll in the garden of growth stocks, be prepared for some risk. but remember with risk come great reward. stay with cramer. >>> coming up -- oil patch comeback? rising shale player magnum hunter has been gushing with gains. can the stock still deliver great returns? cramer's drilling down with the ceo. >>> and later prince of the permian? pioneer is drawing position in what could be the second largest oil field in the world has helped its profits soar five fold. but will falling oil prices put the pinch on its growth? don't miss cramer's exclusive. >>> plus, under the weather? nps pharmaceuticals had been on a healthy surge this year, up over 150%. but shares took a nosedive today after it reported. are investors simply cashing in or should you be concer

. >> simon, hertz reporting after the close, love ta space, buy it going into earnings. >> look ahead, is this a huge week we've kicked off, ecb, gdp, jobs report, what do we expect? >> basically the euro etf, i think that goes well, if they cut it's going to be like japan. >> that does it for us. have a great rest of the day. "power lunch" begins now. >>> and we welcome you to "power lunch" and we begin with breaking news. embattled hedge fund sack capital reaching a settlement with the government, a landmark insider trading case against the firm. steven cohen's hedge fund pleading guilty and paying almost $2 billion stemming from the investigation that led almost five years. the u.s. attorney for the southern district of new york is set to hold a news conference at that podium moments from now. when that begins we will take you live. my partner tyler at the nyse, first to kate kelly at the

hertz beat but stock is down. there were concerned about the rental fleet too large. they beefed it up in anticipation that business would do a lot better. didn't quite happen. the bottom line, a momentum stock, all year, topped out earlier in the year. i think it's sort of running out of gas at this point. a 50% rise on the year, up until the middle of the year. kors had great numbers overall, a my uft historic high. macy's was up earlier but ended on the downside. intercontinental exchange had numbers out along with the new york stock exchange. that will close imminently in a couple of days, ceo specher told us on the conference call. he sort of positioned himself as champion much the little guy. he acknowledged there's a sense that things aren't fair and thinks the market model is going to change. interesting to talk to him about how he feels it's going to change or what exactly needs to change. i know everybody's obsessed with twitter but this is going to be a big, big week for ipos. starting tonight. 16 ipos pricing at nyse and nasdaq. 15 secondary and nine more,

. >> now, i make $11.20 because i'm a supervisor with hertz rental car, and i have been working with them since 2007. i work two jobs at the airport, 16 hours a day. >> reporter: that's because one job, at $11.20 an hour in and around seattle, is not what sociologist diana pearce calls a "sufficiency wage." >> it's the minimum you need to meet all your needs without any assistance; that's public assistance like food stamps and private assistance like sharing housing or getting free babysitting from a relative. it's a bare bones budget-- only grocery food, no take-out or restaurant food-- just to meet your basics. >> reporter: so, for seatac, what's the number? >> we've done the standards for south king county where seatac is located, and, for example, an adult with a teenager needs $15.01 an hour. if you've got a couple kids, it's going to be $21 to $24 an hour, depending upon their ages. if... even if you have two adults working and, say, they have a school-age and a pre- schooler, it's going to be almost $15 an hour each working full-time. >> reporter: so, $15-an-hour isn't exactly

but hertz is a great play to play it, htz. >> doc? >> when you see a big storm, whether it's the insurance stocks ahead of hurricanes and things like that, when they announce the actual damage done by the storm, the actual payo s payouts, they almost also resevd more than they needed. the same will be true with the airlines. you could buy them on a dip, but i'm with murph, i need more than a dip than just 50 cents. >>> the streaming battle is heating up. one analyst says cord cutting could hurt that company. he is sheer after the break. >>> plus, can hewlett-packard survive in two dimensions? we'll dig into the 3-d printing game. they report earnings after the bell, but we have the trade right here, an that's first. >>> and will the pac man defense work for men's wearhouse, or could jos. a. bank be a better fit? we'll try the retailers on for size. both stocks are outperforming the market. that and more is ahead on "the half." with fidelity's options platform, we've completely integrated every step of the process, making it easier to

hertz. >> and look at that one, by the way, judge, last week, when we spoke about it out of the money call-biling like crazy, twc, it doubled today, the calls buying last week at $2.10, today traded to $4.60. >> i would bet if you looked at this list six months ago, would you have seen mastercard and visa on here. >> why do you think they're not on? >> i don't know. i think there's been concerns about growth slowing and not being a slam dunk and gotten so crowded. that's the most interesting observation i make, as well as gilead. >> and general motors is somewhat interesting on the long side. josh, you have spoken about the fact that a technical breakout was potential for this name. >> for general motors? >> yeah. >> without a doubt. and this is another -- einhorn has been in the stock, talking about it for at least a year. >> mm-hmm. >> from a valuation standpoint, this has much more room as a comp with ford and some of the japanese automakers, so i like general motors. >> and just on the short side, i'm surprised to see salesforce on the short side. cloud stocks were very, very weak

i'm up here to promote our 500 million tax and fee reduction to get more companies like hertz to move out of the cold northeast down to a no income tax, low business tax, less regulation, better for your company environment. stuart: well, governor, i was in florida yesterday, i was in fort meyers and i was very conscious of the fact that your state doesn't have an income tax, doesn't have an estate tax and now, you're telling me that if i move there, which taxes are, that are in place now will you cut next year? spell it out. >> sure, we're, woulding on that. we can't cut our income tax because we have none. we've been reducing business tax so 70% of businesses don't pay a business tax. we're working on things and working with my legislature. money back to you as a citizen because you'll put money into housing or transportation, you might put money into your kids' better education and maybe start a business. we have 271,000 job openings in our state because people are starting businesses in our state because they do so well. stuart: i have to ask you this, and i know that 2016 is a lo

. >> there is more calls for hertz did resign.were more callo resign. >> if president obama stated that the website is getting improved. >> we are working overtime to get this fixed. the website is already better than it was. by the end of this month we hope it will be working better than. >> oklahoma teen, michael jones, will be tried as an adult in the shooting death of a college student from australia. jones, james edwards junior. and chancey luna are all now facing first degree- murder charges for killing christophe the east central university baseball player was gunned down while jogging near his girlfriend's home in duncan, oklahoma. all three suspects are expected to appear in court >> a lawyer for the san francisco man accused of operating a secret black market drug website says authorities have the wrong man. ross william ulbrict's attorney made the remarks following his clients first appearance in federal court in manhattan. ulbricht was arrested last month in san francisco on federal drug charges. authorities say the 29-year- old was the mastermind behind a black market websi

right had stopped and fairgoers were getting off when it suddenly started up again tossing people. 5-hertz, three of them were still hospitalized including a 14-year-old. first arrested a man who was operating the ride at the time, he is facing charges as well. and the issued warrants for the owner in court today. we still have not exactly heard how he is involved in the incident. due back in court in 10 days. back to you. gregg: thanks. patti: right now closing arguments today in the murder trial of a utah doctor. martin mcneal iqs of killing his wife, michelle, so he could continue an affair. willis has testified it was never very serious and mcneal's own daughters believe he is guilty and they have taken a stand against him. other key witnesses included medical experts to disagree how she died, so let's bring in our panel. criminal defense attorney and a forensic pathologist and fox news contributor. we're going to start with a sniff and problem for the prosecution is it was never classified as a homicide. they said it is possible she died of natural causes. what do you make of that? >>

saying that it wants to keep looking at the data to see if any of this has an impact on the economy, hertz the economy. before it makes any decision about capering. one of our fed speakers today is president of the settlers for reserve repeated those optics in his speech today but added, the fed also wants reassurance that any progress made in labor markets will stick, will stick. the fiscal battles are expected to weaken growth in the current fourth quarter. that could keep suv going at the fed next meeting here in december, coming up in december. just ahead of the next round of budget and debt ceiling talks that will start in the new year. >> given the slowdown in fourth quarter gdp and what is happening with the budget, all the uncertainty over the budget debate in january, i do not think there will be in a position to slow down quantitative easing at all in december. >> reporter: a new economic report suggests the shutdown did not hurt the economy much. the institute for supply management, surveys of manufacturers found factory activity was actually up slightly in october. analysts sai

i guess the idea would be it's cheaper than going to hertz. >> or how about people just run out of friends that can drop them off? family members? >> now it's getting personal. >> i don't know. three words, actually it's four. plane to the train. >> plane to the train. >> any number of things. i don't want somebody renting my car. >> i don't either. so i guess you get paid by the mile if somebody rents your car. if your car stays parked you don't pay. they carey insurance for the vehicles. you can do it in san francisco, boston and l.a. >> i don't see any guy letting this happen. >> it's kind of a ride sharing, car sharing situation. >> no. >> just go to hertz. >> pay somebody to drive you to the airport. i guess we have run out of cabs. alternatives to get to the airport. >> but it's cheaper than going to a big rental company. >> you'll make money obviously. anyway. >> we'll put you down for no. >> thank you. >> president obama was in los angeles yesterday touring dreamworks animation studio and he met steve martin and gjim parsons. they're working on an animated film. martin had the cold

shooters situation print knowing where the shooter is and getting to them before they heard more people-a hertz. >>: it is able to detect and locate gunfire and door systems under site secure print effective shooter enters into a building orson school and stars to fire shots, our system is going to be able to immediately notify responded law- enforcement on a real-time basis where the shots are being fired, the number of shots being fired on an intense basis. it is a very significant benefits to as we know enactive shooter is often two to five minutes before the first call to 911 are made. after the shots have been fired for it in any law enforcement professionals will tell you that in this situation a minutes or really does matter print some of the obvious candidates are schools and universities but it can also the other critical infrastructures sites like shopping malls, federal buildings, courthouses, airports etc. we're going to be deploying the technology and a couple of schools and universities. we're talking to a number of schools and universities throughout the west. we will be deployin

. >> you want to look at hertz, too? >> what's been interesting here -- you get this a lot in these names lately. ooh, activist. i'm not hearing it, though. i've been hearing it but you'll get an actual -- >> the equipment rental, will they figure out a way to jet ison that. >> united reynolds would be a logical buyer. >> the -- you felt the government was week against usair. they are talking settlement at this point. the government obviously reagan was a key, amr and u.s.air is a key question. >> that's correct. can you feel it? can you feel it. last night on "mad money," we talked to cramer. if you buy into the market, you can say i'm a buyer at different price levels. i ipo can go to the moon and there is the function of valuation that is the gravity at any price and investors need to understand where is that level they're interested in buying. >> thank you. i was so glad mr. cutler because are prices that people shouldn't pay. >> i talked to a couple of hedge funds this morning who are all in. people are calling up l

. >> they are looking to buy spectrum, some 700 mega hertz that might be available. they're not in the h block. doesn't count out soft bank here, still trying to make their move toward scale and masa sun, who owns sprint, next year. >> the more stock they issue, the more likely that nothing happens and you've got four players. >> you do. >> and this is not the airlines four players, which has been incredibly bountiful. these are four companies that could cut margins to ribbons. that isn't what i expected if i own verizon or at&t. >> no. it's very easy to watch the continuing development at t-mobile. >> a lot of other developments we're going to be watching here on a tuesday. we have about three and a half minutes to the opening bell. back after this. there are signs both political bparties in washington get it: washington is lagging behind the country on this... ...this issue has been around far too long... and yet, we wait. reforming our immigration system would dramatically reduce our nation's debt... grow the economy by 5.4% ... and take bold steps to secure our b