air bnb says senior citizens are the fasting growing host demographic with 200,000 welcoming guests,ing advantage of the burj onning silver economy. she had 300 guests over two years bringing in about $28,000. >> how have the guests been? >> the guests have been great. i've had people from every nationality, every race. every >> including a professional flame dancer from hawaii who performed for her family. carolyn is proud of her five-star rating. >> i treat the guests how i would want to be treated. >> reporter: and the extra income allowed her to open more properties to host. but experts say the broader friend is also linked with senior's desire to stay active in retirement. >> the main driver we find are behavioral changes that relate to the desire for independence, the desire for activity. >> carolyn carefully vets guests beome but aging specialists suggest added security with in home cameras and alarm systems. >> i didn't think i would enjoy it so much. it's been very interesting meeting so many interesting people. >> reporter: making her empty nest full again. jo ling kent, nb

the rules affecting air bnb and other short term rentals. >> victims of the golden state killer could soon receive compensation. usually crime victims have three years after a crime to seek compensation but new language added to a senate bill would allow victims to receive compensation after a subject has been identified. more news for you after the break. it was so hot yesterday! kari shared these pictures on twitter.... her kids cooling off at the pool. how are you beating t >>> welcome back. it was hot yesterday, kari shows these pictures on twitter for kids cooling off at the pool there. how are you beating heat? let us know on social media. >> at 5:57, preparing for the big one. department of building inspection hosting the 2018 earthquake safety fair at the civic auditorium today, goes from 10:00 to 4:00. workshop and hands on emergency training. can also meet with experts to talk about building permits and workplace safety. >> a follow-up this morning on this week's deadly crash on ter state 680 on danville. a doctor with john muir health physicians network was killed when the

. >>> air bnb figured out a way around strict rules on apartment rentals in a major vacation spot in paris. partnering with century 21 to make sure everyone gets their cut when a tenant sublets their home and complies with local regulations. the renter get the bulk and rest split between lancaster lord and century 21st. only allowed to sublet 120 days a year. the deal applies only to buildings managed by century 21 and with that marcus, and laura, bon voyage. >> exactly. >> i guess we're ready, contessa. let's talk a little baseball. college world series championship happening right now. oregon state versus arkansas and sometimes players need to make great plays. look at this one. an expected foul ball but the first baseman is there. for it. see that catch, ding arkansas took game one of the best of three series. nice. is tonight.uts are watching, >> his mom is like oh, that -- >> certainly today is going to be a nice cool- you can say compared to what we're going to experience -- >> compared to the weekend. it's going to be heating up and today you know, i think it's going to be fai

who rent out their homes to websites as like air bnb.perty owners can rent out one or two bedrooms. the county is capping the number of short-term rentals to 250. there could be more limitations for homes along coastal areas popular with tourists. they have been trying to strike a balance between the shortage and the homeowners looking to make extra income. >>> the city is filing a lawsuit. the suit against the department of water resources claimed the state agency is responsible for causing the dam to almost fail. >>> february 2017, heavy rains erosion and what many claiming as years of bad management cause and near catastrophe at the oroville dam. a huge crater was discovered in the spillway and as water flowed over an emergency spillway for the first time nearly 200,000 people were ordered to get out. fast. >>> we were scared and we did not know what to do. they feared the collapse of the dam could unleash 30 foot wall of water into the river and devastate communities downstream. don blake said the evacuation was chaos. >> there were

air bnb let's hosts provide emergency housing after a disaster. homeowners can let evacuees find a place to stay on short notice for free. now they'll be allowed to lift properes ahead of a disaster and help streamline the response those in need don't have to wait for a host to come forward in an emergency situation. if you still haven't filed your federal income taxes and owe money, a big taxpayers who missed the deadline face a higher penalty after june 14th of 210. even if you can't pay what you owe, filing return by the 14th will eliminate penalty but keep in mind the charge for filing late is separate for the one for paying late. typically it is 5% of what you owe for each more you return. back over to you. >> that is a good reminder. thank you very much. >> speaking of money, have you ever had a dream vacation but struggling to have the money to pay for that trip? well, sad news overnight, one in four americans say they can't afford a vacation. you're not alone there. some workers say they didn't get a raise this year. that's the reason goin

. >> reporter: using air bnb to rent out a room in his home in watts. >> the extra money. >> reporterhis can sign up with airbnb to rent out their rooms. >> the home sharing industry is huge. and the economic >> this is an economic opportunity for them to earn additional money that supports them and their family. >> reporter: the partnership is a financial win for them and for african american homeowners. >> anyone that we help get signed up, 20% of the aid they might receive is going to directly to the naacp to support its programs. >> interesting. >>> we are coming off the >>> we are coming off the warmest days ♪ ♪ ♪ raindrops on roses and whiskers on kittens ♪ ♪ bright copper kettles and warm woolen mittens ♪ ♪ brown paper packages tied up with strings ♪ ♪ these are a few of my favorite things ♪ ♪ ♪ ( ♪ ) your heart doesn't only belong to you. child: bye, grandpa! and if you have heart failure, entrusting your heart to entresto may help. entresto is a heart failure medicine that helps improve your heart's ability to pump blood to the body. in the largest heart failure study ever, e

bad news for air bnb today air marketer has lored the forecast by 5 million users for this year and expectsvious forecast. it's a mix of competition and security issues which cnbc highlighted recently, as well which means air bnb should get it done before public appetite sours. >> obviously, there's a supply issue and you're not having as many hosts in areas where they're more hostile to the idea i do wonder, users it doesn't get to the intensity of usage, necessarily. i don't know if that can grow for a while after an absolute number of users peaks, but competition is significant in terms of the rbo and other traditional vacation ventrental spaces. >> we'll see if it makes it tougher and finally, as you may have noticed, jack-in-the-box has raised taco prices in some locations. should we allow the lid to lift on taco pricing, the reason why, california's minimum wage is nearing the $15 mark jack is losing value customers as it raises prices which shows one of the issues of raising the minimum wage broadly is hurting the low-income people it's supposed to help >> at the margin you think fas

sleepless nights worrying about this because if you think of the big players in the economy, lyft, uber, air bnb, they collect and give them out of the drivers are the folks that are renting out their apartments and these are big companies and they are reporting these payments to treasury and the irs. the government knows how much they are receiving and so if they file their income taxes that is a lot different than a gypsy cab or someone selling hot dogs out of a stand on fourth street operating with cash not receiving money through the internet from a big company. >> host: middletown ohio gerry receives medicare and social security. go ahead. >> guest: >> caller: i want to thank them for being there today. look, when the president adds $2.7 trillion on top of our national debt, that isn't paying our way forward. if you don't have the top fortune 500 paying him and giving a tax paperback where they get a refund and you get the top five wealthiest 5% of people tax breaks where they don't have to pay it in, i can see that they covered through their company and said they would pay about, but i pai

the county recently adopted a law requiring hosts who rent their homes on sites like air bnb to have permit. the cost is $145 for property owners who want to rent out one or two veterans. the number is capped at 250 and there could be limitations. the county has been trying to strike a balance between the housing shortage and homeowners looking to make extra income. >>> the lgbt community is getting ready for next week and's pride celebration in san francisco. the theme this year is generations of strength.ornizer 100,000 people for next sunday's parade down market street. it is the 48th annual pride parade in margin downtown san francisco. while official events take place next saturday and sunday, there are pride related activities over the next few days, as well. there are film festivals, stage shows, nightclub parties and an lgbt night at next thursday's giants game. >>> a three-day search for a lost hiker at sequoia national park has ended. how the california national guard found the missing man. >>> imagine being 15 years old and you already have a college degree. we will tell y

and went to the ballot and air bnb dumps $9 million into our election to defeat that measure. and then supervisor david campos and i pass legislation for on-line hosting companies to verify the legitimacy of the listing and holding the hosts and the platforms accountable. charged with the duty of enforcement, and this was back to when david chu was a member of the board of supervisors, was office of short-term rentals, which i feared, i admit, was going to be window-dressing. but it has not turned out to be the case. in a city, where we're constantly getting complaints about enforcement, i have to say, the office of short term rentals has truly done an incredible job at enforcing what has arguably been one ofe first regulatory schemes of its kind and being replicated around the state and around the country. just the other day, an italian television company was in town to interview in my office and i think other places because it's not only a problem here in san francisco, but across europe, major cities are struggling to hold airbnb accountable. since our legislation passed, t

or how is air be a be going to affect -- air bnb going to affect that? questions that will require research. as more and more dollars flow, into passive vehicles, the market by definition is becoming less efficiently priced for the future. emily: it's interesting you mentioned over. -- uber. softbank is making this big investment in cruise, as well as uber. why? jay: at the end of the day, softbank wants to be involved in as many facets of that value chain as possible. over a long period of time, we think these players consolidate. emily: how so? who becomes part of what? jay: we have seen consolidation overseas. ed and uber has joined forces in china. and in russia, uber and another company have joined forces. we think there will be continued consolidation across the value chain. it is unclear whether auto-parts suppliers are consolidating with autonomous driving purveyors as well. at the end of the day, we are moving from people ownership to vehicle as a service. these vehicles managed by one entity conglomerate, service parts, repair will all be done

south lake tahoe voters will >>> well you might have a tougher time finding an air bnb in the sierra.e tahoe voters will decide in november whether to place restrictions on who can rent vacation homes in the city. they could end up removing 1400 rental homes from the market. a group called the tahoe neighborhood group submitted more than 1600 signatures in support of the ballot initiative. >>> well new details now in the tragic drowning of bode miller's young daughter. miller and his family were visiting a neighbor's house and their daughter right by mom's side and then she looked down an the daughter wasn't there. >> just so sad. she ran outside and she saw her daughter in the pool under water. with this tragedy comes a new focus on pool safety. jeff rosin on what you can do right now to protect your kids. >> what is the emergency there? what is the emergency. >> the baby fell in the pool. >> reporter: the frantic moments after realizing 19-month-old em illine had windowed into the pool, under water and motionless. her parents olympic skier bode miller and wife provolleyball player m

>> one other thing, you didn't talk about air bnb.dioticic of me. >> entrepreneurial, cheap, you've got a huge selection, you can choose your location and you could take the whole building. neil: don't you think though, if you're calling any of these hotels and you're the north korean delegation and explaining, hi, we're with the north korean delegation going to the peace summit they're jacking it up and would do the same in air bnb. >> i would do it differently, if i'm a hotel and want the north koreans coming, they're unr unpredictable, are they going to pay-- >> he just brings more to the table, folks, that's what makes him a great ambassador. we didn't think of that. we've found better deals, as little as $79 a night, a far cry from $6,000 a night the koreans want us to pay. we're here for you america. we'll see you monday, fox continues right now. how long do you think we'll keep -- oooooohhh! you stopped! you're gonna leave me back here at year 9? how did this happen? it turned out, a lot of people fell short, of even the averag

. >> air bnb is expanding its p p program to help people aftdisaster. homeowners can allow evacuees o stay for free. we saw this during the north bay wildfires but now they can list their properties ahead of a disaster. this suld help stream line the response so that people won't have to wait for a host to come forward in an emergency situation. >>> if you have not filed your federal income taxes and you owe money, another big deadline if coming this week. 1th filing dead lline on for or missed it, you'll face a higher penalty if you don't file by june 14th. even if you can't pay what you owe, filing by the 14th will eliminate some penalties and could save you a couple hundred bucks. >>> new this morning, we finally know the mysterious b what that meaning -- >> ihob. >> ihob. >> we know about ihop but they best marketing campaign in quite some time. it has us talking in the newsroom. the international house of pancakes announced last week that after 60 years, its name will be flipping from ihop to ihob. that's right, with a "b." but they didn't reveal w

. >>> and air bnb is expanding to help people after a disaster. the homeowners can let evacuees find a place to stay on short notice for free. we saw it during the north bay wildfire but now they could list properties ahead of a disaster. this should help stream line the response so that people won't have to wait to host a -- to come forward in a emergency situation. >>> from villariagosa to john cox, a charter school may throw support to the republican candidate. they spent $23 million supporting villariagosa in the primary. but now the group said it may support cox who is endorsed by president trump. democrat gavin newsom is on the record supporting public schools and calling for more charter school accountability. >>> and one of the portugal top leaders visited the bay area. an toneco costa is due to arrive here today in california and will appear at the santa clara convention center tonight. >>> u.s. army may move to california and even here in the bay area. san francisco and l.a. are among the 15 cities in contention for the new army command

last week, a group of black women leaving an air bnb didn't wave to a neighbor so that neighbor calleds on them thinking they were burglars. what world does this neighbor live in? one where there's only two kinds of people? people who wave and burglars? [ light laughter ] also this month, a white woman called the police on two native american teenagers who were taking a college tour because she didn't think they looked like they belonged there. they're native americans standing in america! they're the only people who do belong there. [ cheers and applause ] i mean, if you want to get rid of people who don't belong, get and then -- and then last week a black yale student fell asleep in the common area of her own dorm and a white yale student called the police on her! i'm sorry she was napping. maybe she was tired from getting into yale, a school most white people can't even get into! [ laughter and applause ] and let me just point out all three of these things happened in may. we're only halfway through the month! pace yourselves, white people, oh, hello? oh, that was too far? okay. i'v

>> uber, air bnb and we work, you think?e three companies that are the world's their oyster all three companies are very exciting uber has cleaned up their ethical act and get ready. you think you've seen everything with fang? we'll have to come up with a new acronym. wow, that will be challenging with a as your only -- >> wufac >> the ipo environment is pretty robust here. >> yes, it is. some of the companies that have come public in the last few months are so exciting to people you've got -- you've got zoro, and it's selling at 15 times sales and it's not -- it's not easy to generate that kind of valuation. i know david's not here right now, but he'd be saying to me, he'd be going, jim, 15 times sales. >> that's exactly -- >> and 15 times sales. david is very good at that disney is your top dow component up 1.5%. how crazy is that? he's supposed to be adding stock, and this shows you that these stocks got oversold and the naysayers came out and said we don't want to touch this and now we've seen the abyss and it turns out

and the millennial tax, that's disturbing, someone who uses an uber and air bnb.l: always about you, all right. >> why tax students-- >> and what bothers me because about this, and i've argued this, you go immediately from raising revenue to not looking how the revenue you have so far is spent. it's a knee-jerk reaction. >> it is a knee-jerk reaction and part of a dialog we should have be having about spending, and entitlements that are going to go bankrupt as a fellow millennial. neil: and that's in new jersey-- >> a huge issue there, in about all states, but especially in places, new jersey, new york as well, where we didn't get the tax cuts. neil: and hurts you to say the word new jersey? >> that's okay, my mom is from long island. neil: just over the hudson river. >> anyway. neil: those people, those people. jonas, what do you make of the pain that charles and i have to deal with. >> i don't understand why you guys haven't moved to connecticut yet, that's why it exists. slightly lower taxes than new jersey. neil: only slightly. >> well, the property tax is a l

like the cofounder of air bnp, bnb was one of the first to come out and say this, and they are not ingrainedn tech operations as some of these other companies. but they have led this movement of people coming in. but you have not seen everyone, for example, palantir has not said anything, which is one of the largest contract holders of ice. we have not seen anything official out of amazon. at least that i have seen. it is a fine line when they do business with the federal government and are looking for comprehensive immigration reform and the type of policies they need to get high skilled workers. emily: you have written an incredibly compelling piece about the history of technology at the border. hundreds of millions of dollars spent on technology. projects started and stopped. how is the u.s. using tech at the border right now? what is working and what is not? karen: there are many parts to the border. there are the official ports of entry and there are all sorts of surveillance technology being used. x-ray cameras, databases, biometrics, things like that. and then there is the huge expans

4g networks that led to innovation of companies that we wouldn't think that would exist, hoover, air bnb, apple, the world's most valuable company. let's think for a second, what if china leads the world in 5g? innovation will move to china. and one thing i will guarantee you, the only company that can build a true 5g network is the combination of t-mobile and sprint. it's very simple. today we have capacity, but we do not have the coverage. to say because of 5g, now it makes sense to combine the two companies. apart from 5g revolutionizing the way we do things, 5g allows us to massively reduce the cost per gigabyte. and because we're going to massively reduce, we're going to have so much capacity and the only way we win, we bring more consumers and the only way to bring them is by lowering prices. this is what makes the merger so different than any other time. maybe two years ago was not the right time. probably two years from now wouldn't be the right time. that's why we're committed to try to get this done. >> thank you. >> senator blumenthal? >> thanks, mr. chairman. thank you all fo