it is saturday, august 4th. good morning and glad you are with us. i am randi kaye. we start with wildfires in oklahoma. 100 homes are being threatened. the fires are being pushed by strong winds. the worst is in cleveland county south of oklahoma city. joining me is kelly cain for the oklahoma department of emergency management. good morning. are evacuations being ordered at this hour? we haven t had new evacuations overnight which is good news, but we are definitely still watching these fires. they were so dangerous yesterday and we had a couple of small fires that popped up overnight. we are keeping a good eye on things and have been looking in the morning at what resources are needed. we are looking at the incredible video of the fires burning. how many fires are you dealing with? do you have any idea? more than 12 fires were reported to our office yesterday. we know there additional fires that were not reported. we had about probably six large fires that we were
how one man was rescued just hours from death. good morning everybody. i m randi kaye. we start this hour with a historic credit card settlement that could have you paying more out of your pocket. if you re just joining us, here s the deal. visa, mastercard and some of the country s biggest banks have agreed to a massive settlement with retailers that totals a whopping $7.25 billion. the lawsuit centers around credit card swipe fees. merchants allege credit card companies were fixing the price on those fees, but the proposed settlement now gives retailers the green light to tack on a surcharge if you use plastic, which could mean a bigger tab for you. and there s much more when you read the fine print. douglas canter, a lawyer for the national association for convenience stores has read all the fine print and joins us now from dc. doug, you have said it is not the retailers or the consumers, but actually visa, mastercard and their banks that win out in this one. why is that
good morning, everyone. i m randi kaye. it is 7:00 on the east coast. thanks for starting your morning with us. we start with the massive credit card settlement that could mean more fees for you at home. here s the deal. visa, mastercard and some of the biggest banks agreed to a $7.25 billion settlement with retailers. the lawsuit centers around credit card swipe fees. we all know about those. credit card companies were fixing the price on the fees. it drops bans on credit card surcharges charged by retailers. they are now allowed to charge more if you use plastic. it doesn t mean they will, but they can. we ll have much more on the impact to your bottom line later on in the show. we are keeping a close eye on egypt where two americans have been kidnapped along with their tour guide. the incident taking place in sinai peninsula, the sight of two previous kidnappings this year. in a twitter posting, u.s. embassy confirmed the abduction saying we are in close touch with the e