>> we just rented the air bnb. >> they booke the air bnb through a host named rachel. are you surprised to hearit 's not legal here? >> i am. >> it gets even more interesting, when this officer calls rachel. >> i was jusspeaking with the occupants here, and they told me they rented your unit. the cy has an ordinance that prohibits short term rentals. >> they're actually my guests or my friends. >> they told me -- >> they're staying iny apartment. >> so are they staying here for free? is that what you're telling me? >> yes. >> i can get them on the dpok to t to you right now. they just told me they50 paid for the weekend and it was rented via air bnb. >> oh, no, ,no. that shodn't -- no. let me check with them again. >> hello, sir, i think you guys have a free apartment. rachel told me you guys are friends and you didn't have to pay to stay here. >> rachel says she's associated vacao. which is well known to city officials. they rent properties and leases them via air bnb and other rental platforms to short term tenants.ey th were each issued a violation notice which carr

there might be an i.t.consultant, driving uber and partment on their a air bnb. the tax administration burden is challenging. 've called for two studies one from gao to try to look at the size of this work force. that study indicated there was frankly not much growth in this field. i'll accept that data. i don't think it was fully omplete enough but i've seen estimates from government and that is mental sources receiving some income from contingent work. how do we think about tax think about on and contractpt of a social we've to the to have flexibility side tax administration as well. good faith effort, ended up those have no negative publicity and upgrades. it's been on patches of legacy systems and we can bet into questions of how could we create a technology enabled modern tax system and say, we need to jump our legacy systems have that stucks. proud to call myself part of the administration nerd caucus as well >> you've always been a member of that caucus and your points and talk about is economy where people and that is conduit for the irs. it.re going to g

. -- in the building and families in a near by air bnb. >>> a fire at 52nd and international at 4:30 a.m. 4 children and two adults are displaced. >>> a crash near willow pass, chp said a woman was trying to get away from deputies and she hopped on the to the freeway and crashed fortunately no one was injured. >>> several artist pulled out claiming money conflicts. saying there was a miscommunication with a new york booking agents. >> thieves caught stealing appls looking on. >>> a medical mystery two young siblings are diagnosed with a care cancer days a -- rare cancer days apart. >> we are feeling the heat and a chance for an on shore brief. what that means for your temperatures and your game day forecast. coming up. ance video from 's fash . >>> surveillance video from the apple store at freeze no fashion square mall add fresno's fashion square mall. the men stole electronics. >>> people gathered at to watch france take on belgium at the world cup. fans decked out in their team colors. england and croatia go head to head tomorrow. >>> george clooney is out of the hospital. a merce

. >>> a new restriction on air bnb style rentals in san leandro.e of short term rentals that are banned in the city. >>> here's a live look at highway 24 driving through lafayette getting up to the tunnel looks good so far. >>> our weather looks good so far. no delays yet at the airport. maybe sfo might deal with that. low clouds around, so far so good. >>> welcome back, it's 544 tum tim. california community college students can now transfer to private nonprofit universities with a special degree. it's called the associate degree for transfer offered through california community colleges and guarantees transfer for eligible students to schools like mill's college in oakland. the chancellor for california community colleges is expected to give us more details later today during a news conference. so far 36 institutions that are part of the association of independent california colleges and universities have committed to this program. >>> city council approved a temporary moir moratorium on hosts who rent homes with air bnb. the ordinance is effecti

. >>> a temporary moratorium on a type of air bnb approved a 45 day on hosts who rent homes that are not present during the stay. the order ntsb is effective immediately while the council discusses a long term policy on short term rentals. the council held the special meeting because there's an increasing number of complaints about short term rentals. >>> san francisco mayor announced a new plan to help clean up streets. it would give more than 700 thousand dollar to the city's fix it team, a group of city employees that respond to things like graffiti and broken street lights. the money will double the team's budget and will go towards more trash cans on the streets, expanded street cleaning and putting up new street lights as well. >>> time now is 4:44. out to sal for a check on how we're doing this wednesday morning. >> things are doing well and just checking the tracy commute to make sure it hasn't gotten out of hand. traffic continues to be good here on 580 westbound, a little bit of slowing through the construction zone. but it's better than it has been on some days. there's sl

it will mean that new york is the biggest market for bnb in the world. vancouver as major hot spots now trying to regulate those kind of services. >> lots of mixed feelings. live from london, thanks so much. >>> up next, editor in chief joins us from axios. >>> this time after he contradicts trying to interfere in u.s. elections. >>> the white house is actually entertaining the idea, believe it or not, the ambassador reacts in an interview, next. >>> another jam-packed edition of "morning joe" just moments away. and at expedia, we don't think you should be rushed into booking one. that's why we created expedia's add-on advantage. now after booking your flight, you unlock discounts on select hotels right until the day you leave. ♪ add-on advantage. discounted hotel rates when you add on to your trip. only when you book with expedia. by staying in rhythm. and to keep up this pace, i drink boost optimum. boost optimum with 5 in 1 advanced nutrition helps support muscle, energy, bone, normal immune function, and vision. boost optimum. be up for life. (birds

after months in hostels and air bnb rentals he headed to tijuana for those tacos -- and, a place to callome. he international move is saving him more than $1000 per month in rent. miguel: tijuana has a huge potential based on its geography. jessica: real estate developer miguel marshall is tapping into that potential with a series of mixed-use developments. miguel: the opportunity is right now and we have to we have to continue to grow and to meet demand. jessica the demand for : affordable housing. in san diego the average rent for a one bed room apartment is 18 hundred dollars per month two and three bedroom apartments can average up to three grand or more. miguel owns the complex where david rents his apartment for only about $400 per month. about half of his tenants are american. miguel: once you're here you start to see the richness of being in an emerging country. jessica: born in america, and now living in tijuana, miguel says crossing the border is just a normal part of life. miguel: it's like when people that live in brooklyn have to cross the bridge to go to manhattan, for us,

bnb. one firefighter suffered a cut and was taken to the hospital. at this point, they say the cause of this fire is still under investigation. reporting live in san francisco, amy hollyfield, abc 7 news. >> thanks, amy. investigators are looking into what started a two-alarm fire in berkeley around 10:15 last night at the old ace hardware building at university avenue and walnut street. surrounding buildings have been evacuated and no reports of anybody getting hurt. >> now, a live desk update. >> nine down, four more to go. what could be the final rescue mission at a cave in thailand is under way right now. and this morning, divers rescued the ninth boy. three more boys and their soccer coach are still in the cave. we do want to show you a live look at the hospital in thailand where the rest of the team is recovering. doctors say two boys have pneumonia, two have possible blood infections but the good news is they say the athletes are strong and will recover. >> the governor says a medic and three navy s.e.a.l.s are caring for those still trapped i

us a total of nine people have din displaced by the fire, including five tourists staying in an air bnbsuffered a cut and was taken to the hospital. at this point, they say the cause of this fire is still under investigation. reporting live in san francisco, amy hollyfield, abc 7 news. >> thanks, amy. investigators are looking into what started a two-alarm fire in berkeley around 10:15 last night at the old ace hardware building at university avenue and walnut street. surrounding buildings have been evacuated and no reports of anybody getting hurt. >> now, a live desk update. >> nine down, four more to go. what could be the final rescue mission at a cave in thailand is under way right now. and this morning, divers rescued the ninth boy. three more boys and their soccer coach are still in the cave. we do want to show you a live look at the hospital in thailand where the rest of the team is recovering. doctors say two boys have pneumonia, two have possible blood infections but the good news is they say the athletes are strong and will recover. >> the governor says a

year in five years but up 22% to where they are trading today, a good time to go public what's air bnbing about their ipo? they are in this battle whether they want to admit it or not with the big lodging providers for the long term and having a public currency would be helpful. uber is clearly moving rapidly towards an ipo but also moving judiciously in terms of hiring a cfo. >> oncethey hire a cfo, i expect to see the timetable accelerate quickly zonos is very interesting to me. do you need a neutral party in this kind of speaker space they are competing with bose and samsung and amazon, whether they want to acknowledge they are competing or not they want a software multiple three or four times revenue, half times to one times revenue. i'm very eager to see how that plays out. >> and the big one saudi aramco x first, let me tell the viewers why it matters if saudi aramco ipos the market cap in the united states, go close to 5 mrs, it would be potentially the biggest in the world. >> could be as much as $2 trillion i doubt that but -- >> i think over a trillion there's a report that c

it's now the country's sixth most valuable start up behind uber and air bnb.ule has raised $6750 million as part of a new campaign. the goal is to raise more a billion dollar. out of $15 $15 billion evacuation they would rival burger king. >>> california's marijuana dispensaries are scrambling to find products that meet california new safety regulations. some of the pot clubs only say they have a quarter of the amount of marijuana they would normally have on hand. dispensaries cleared out their merchandise at discount rates before the july 1st deadline. recreational marijuana for sale has to pass a stringent state test now. come pounding the problem so far california has only issued temporary licenses to 31 labs for testing. >>> american airlines will stop using plastic straws. they will replace them with bio degradable straws and wooden coffee stirs. there's growing concern about plastic straws on the environment. alaska airlines made a similar move in may. >>> with the recent boom in airline travel, they're looking for more ways to add more seats. they're re

the cofounders of air bnb said gripping children from the arms of their parents is heartless, cruel andhe u.s. government needs to stop this injustice and reunite these families. we are a better country than this. you are matching donations to the international refugee assistance project. you have been hosting guests as part of your refugee program. how many people have you hosted? chris: we have been on this for several years now. beginning at the end of 2016 we made a series of commitments between housing 150,000 displaced people. well over 11,000 contributed $4 million to help support refugee efforts today. we are announcing that matching program with the international refugee assistance project. so for us, it is not only about speaking up and standing up, it is also about putting action behind it. we are a community-based platform. we have five million plus listings around the world and we work with our host communities to open up homes for people who are displaced. we're going to have more to say about this as they go forward. for us, this is a valued-based issue. to the extent you

like the studios look like -- you know, like a cool old recording studio, or like a a place you'd air bnbome and they sing -- they're all so trained, they just since their song like twice and you're like, "got it!" >> jimmy: wow. >> 'cause you have to get it all really fast and these guys at atlantic records who produced it are really, really good at it. they know what they're doing. they did "hamilton," they did "dear evan hansen" -- >> jimmy: yeah, they know what they're talking about. >> and they wanted to do "mean girls." >> jimmy: i'm very excited about this. to the cast recording. you asked me if i could write a a song for the soundtrack and -- >> oh, my gosh. >> jimmy: remember this? >> barely. >> jimmy: you said -- >> yes. [ laughter ] >> jimmy: it did not -- no, i ended up -- >> i barely remember. >> jimmy: it's pretty bad. i mean, but you asked, you go, "dude, i need a song for the scene where you see janice andd" >> damien. >> jimmy: and you realize that they're kind of -- there's like punk kids around, maybe it's like a punk song. this was different than the "mean girls." >> y

right thing to do to give the taxpayers the forms they need >> have you seen the same with uber, air bnb, any of the other platforms? >> i have had informal conversations at several industry conference events that i speak at and what have you. and it would be -- i think the general consensus is it is not required by law. we are consistent with the law. they are right, they are acting with the law. it is the law that needs to change in order to get the tax pairs the tax forms they need. -- taxpayers the tax forms they need. >> i look forward working with you on changing that. as somebody who spent the last few years digging pretty deep into this area, would welcome the opportunity to work with you to see if we could force more of the platforms -- or urge more of the platforms to participate even before we get to the whole question of how we create a new social contract around a portable benefit system. i commend your work and look forward to working with you more. >> ms. thompson, ms. olson, you have also done some of this work in virginia, and ms. thompson i appreciate the 121 different

. >> it has to do with hotels and air bnb. people can actually have a spare room or roof and produce their own energy. that is what the energy is all about. >> my last question, if we go to a privatization strategy what do you think that would have in terms of the production in terms of renewable generation on the island? >> i think we would have to work out a schedule with experts and engineers and people looking forward with the rocky mountain institute in colorado and again at the hawaii example and realizing we have to have a mixed portfolio. nobody is saying that it should be 100% solar. it should be a robust except with few clear we don't want nuclear in puerto rico. >> i yield back my time. >> thank you, mr. chairman. i want to go back to the conversation a little bit earlier between a mr. walker. you both agree that prepa didn't need to be politicized. that's the best thing if we get the politics out of it and senator bhatia, you testified about your work and said 2014 but in the written testimony i don't think you wer

call is it air bnb for your car. what's it going to mean for sales? power lunch starts right now >>> welcome to "power lunch. i'm melissa lee. nice rally this hour the dow and s&p 500 on pace for their biggest monthly gains since january. the nasdaq just turned negative, but did hit a record intraday high earlier today energy materials, the best performing sector. check out some etf's on the move right now. the xlk, which tracks technology hitting a new intraday all-time high the fxi, which tracks china on pace for its best day since march, and check this out. bitcoin continues its rally. jumping above $8,000 now up more than 30% in one month. the recent gains mostly boosted by reports of institutional investor interest. tyler. >> thank you very much welcome, everybody i'm tyler matheson we begin, why not, with this rally. more than 200 points on the dow right now. a slew, yes, a slew of strong earnings driving the bulls today. >> nasdaq just quit -- tesla is down netflix is down, but earnings are what are moving things particularly some of the dow ea

. >> it has to do with hotels and air bnb. people can actually have a spare room or roof and produce their own energy. that is what the energy is all about. >> my last question, if we go to a privatization strategy what do you think that would have in terms of the production in terms of renewable generation on the island? >> i think we would have to work out a schedule with experts and engineers and people looking forward with the rocky mountain institute in colorado and again at the hawaii example and realizing we have to have a mixed portfolio. nobody is saying that it should be 100% solar. it should be a robust except with few clear we don't want nuclear in puerto rico. >> i yield back my time. >> thank you, mr. chairman. i want to go back to the conversation a little bit earlier between a mr. walker. you both agree that prepa didn't need to be politicized. that's the best thing if we get the politics out of it and senator bhatia, you testified about your work and said 2014 but in the written testimony i don't think you wer