>> reporter: janelle, air bnb is not making anyone available to talk to us in person. the company says it prefers online communications, which as you'll see, plays into this story. this is the apartment house in palm springs where sfrang rehab therapist corey owns a 300 square foot place she hoped to rent out for the summer. through air bnb she rented it for six weeks to a guy now refusing to leave, but also isn't paying to stay. neighbors aren't happy. >> it doesn't make me feel very good. obviously the person that does own the unit is having trouble getting them evicted. >> reporter: a process server couldn't get in through the locked gate to serve an eviction notice. the tenant now a squatter, and under california law, because he's been there more than 30 days, the owner isn't legally permitted to shut off the utilities. her only remedy is eviction. >> a person is not a trespasser. the person had permission to come in. and so if you were to say call the police, and ask the police to eject the person, the police would likely say, hey, it's a civil matter. >> reporter

cheryl: i have to ask you about the big buzz is air bnb right now. you must hate this. am sure the hotel companies aren't thrilled about it either. what is your penny of them? >> i think air bnb is fascinating. i don't mean that in any way to be dismissive of that. that's captured people's fascination. they have evaluation which is interesting. i would love for marriott to be based on multiple revenue. they are mostly playing in the space different from the hotel space. lower rated, often cohosted. people don't really want to be in an apartment somebody else is staying in. they will probably stay in a hotel. cheryl: thanks to arnie sorensen, marriott ceo and president talking about how marriott is expanding the luxury business. the closing bell is going to ring. 41 minutes to go right now. charlie gasparino first report the heads of the nasdaq and new york stock exchange cozying up with each other. , cap next, charlie will talk about whether a merger can potentially be in the cards. and an arms race between the worlds biggest razor blade makers with gillette report be e

owners renting out rooms on air bnb. those stories and more.wners renting out rooms on air bnb. those stories and more. joins at 11 on channel 7. >> king of sports. larry here now with the highlights. >> elevated you. >> if you didn't see the memo. >> i thought i was the clown the jebing error something like. that i will give a regal performance. it was looking grim for the a's tonight in huh stop. lifeless down by 3 runs heading to the 9th inning then the eruption late. the fifth start for oakland here. he really struggled any. second batter of the game. here it comes there it goes. teeing off. this is right field and 1 nothing. fifth homer give up with the a's to the z.hernandez double to left. singleton in. if a 4-1 led. 1 out. alberto. base hit. for 3. there's hop hope. 2 down. bloop it into rate. john we are tied at 4. and one batter later moss with shift on and he beats it. the second businessman is playing writ field. he still gets it through there jed as a's explode for 6 runs in the 9th to win. major league best 11th victory drilling a

air bnb says it paid for the full cost of the reservation and is offering legal support. the company says more than 17 million guests have had a safe positive experience. and as the business grows in popularity, cities are trying to figure out how to regulate it. the biggest battleground is new york city which has an illegal hotel law. it bans people from subletting entire apartments for less than 30 days. and the attorney general plans to enforce it. >> you can't find that any other way as a traveler. >> reporter: in response airbnb has launched an ad campaign as supporters push to change new york's law. >> the incredible benefit to the community and i think regulators need to recognize that and find ways to make it work rather than trying to put it into the box of what would work for a hotel. >> reporter: portland worked out a deal with airbnb and will pass rules that tax the short-term rentals. >> the share economy is changing and we have to keep up with it. >> reporter: that's fine with linda fitzgerald whose room is booked nearly seven nights a week. joe fryer, nbc n

air bnb lets us share homes. uber and lift lets us share our cars.acebook allows us to share all kinds of things, so does e-mail, and it's all free! skype is free! it let's you chat with anyone anywhere in the world, hear students in a school in brazil skype with old people in america. >> we created a phone that connects our students with people in a retirement home. >> hello, hello. john: earn english? and the elderly are less lonely. >> i'm good, how are you. john: and again it's all free. these innovations happen because they happened before politicians could crush them. they're part of what adam theerer calls preventiveness innovation, create apps for apple, if we, did they probably would never have happened. if innovators could keep creating new things faster than politicians and regulators can kill them, our future will indeed be the good new days. that's our show. >> we hope you have had a enjoyable holiday and we will see you tomorrow. >> that is how you can join us tomorrow wi tomorrow. >>> and first time ever the index up over 17,000. and t

but air bnb is worth that?et and everything is not a tech bubble, is a digital renaissance. i think they don't get these tech guys. >> only what some be as willing to pay for people, what it is worth. what is david worth? only what they are willing to pay them. why does this get us in an uproar? >> if you are a financial buyer of an asset, i saw this technology and i used it i would have paid anything for it but you have to separate the story on the finance. charles: a month ago it was worth 10 billion then 12 billion that came in this week 16 billion. does that upset you? >> no. but i have to think about it before i'm going to buy something like that but as a financial manager i have to look at the income stream i am buying. charles: does it tell you the overall market is going to crash because this is going on? >> for some reason some wacko throws mustard on a lake:36÷ cas and somebody calls it modern art. there are buyers and sellers, ebay for a reason. >> we have gone through one crash and people remember t

i get that. >> i don't see business travelers, by the way, really using air bnb.rior, what's the point? >> we've got big deal news in the infrastructure space this morning, for the second time in two weeks, aecom the world's biggest engineering design firm is in a deal buying hunt construction group. again it just announced the buying of urs in an all-cash multibillion dollar deal just a couple of weeks ago. joining us is michael burke, president and ceo of aecom technology. mike, good to chat with you. two times, two deals, two weeks. why this deal now? why the spending spree? >> well, good morning, brian. you know, first of all, as you've heard us say before, our core strategy is to create the premier fully integrated infrastructure firm in the world. and clearly, this is something that fulfills that strategy. hunt is a -- one of the best construction firms in the world. in sports, aviation, and health care. and we also designed facilities in that space. so bringing the two together is the right strategy. >> yet, hunt, they built probably some of the stadiums or

been avoided for the southern california nightmare nanny diane streten, 72 miles from the suspected air bnbatter. after initially refusing, she is finally moved out. in california and elsewhere, it's a good idea to know the law and renters rights in your state before you invite them in. >> this is your home. the stakes are much higher for you. >> reporter: abc news tried to reach out to the alleged squatter but we were unsuccessful. curt hawkins for abc news, los angeles. >> one tip is store your valuables elsewhere. i don't know. i feel uncomfortable. what if they totally destroy your place? what do you do -- what are your legal? >> i suppose you could have a property damage or trespass claim in certain situations like anyone destroying property on your premises. we have had problems like this with a home we rent out and the store your valuables part is right and the other thing is you have to talk to the person, communicate with them and the age of the internet a lot of times we have gotten used to e-mailing back and forth. that's not going to tell you a lot about the person renting the p

getting down to business, so is uber, so is air bnb. now they're going bigger.e strategy. twitter ceo in the hot seat, huge pressure to show growth and user additions, and activists, the longtime ceo and chairman forced to step down. with more on that you

he was one of the early investors in air bnb. they are now growing past a $10 billion valuation. this is the most interesting one to me. i don't know if you can see chase kerry's mustache. but chase kerry of 21st century fox sought out netflix's reed hastings and said, can we take a meeting tomorrow? i have some things i'd like to ask your advice about. i would kill to be in that meeting. curiosity may just kill me on that one. the rumor mill, of course, always spins during this week and current eventswise there are three topics that have risen to the top of the conversation. the first is that speculation about time warner. several executives i spoke to said that they thought the deal of the week was going to be a sale of univision or perhaps descripti scripps network. now say they time warner is the buzz. second aereo's plan "b" or plan "c" and trying to rebrand itself as a cable company. aereo is not here. the broadcasters are. we'll hope to get their take a little later today. finally, dish network's coming out and quashing not one, but both of those mega cable deals on the ta