from the air bnb community. we are providing our full support to our host at this time and we have proactively reached out to palo alto police to offer our assistance in their investigation. hello also police are also saying if your property owner in a similar situation feel free to contact police before entering a property, especially if you feel like there's a chance you could be threatened or assaulted live in palo alto dan kerman kron 4 news. >>thank you dan we are learning more today about a kidnapping and murder that has gripped a beachfront neighborhood in santa cruz kron four's rob fladeboe has new developments including the motive for the crime and the victims connection to the cannabis industry. >>santa cruz county sheriff's office this afternoon confirming for us that the motive in tuesday's bizarre kidnapping is robbery. they've also positively identified the victim. >>the sheriff's office says the body of a man found off so kill san jose road in the santa cruz mountains using the that a 50 year-old

from the air bnb community.e providing our full support to our host at this time. and we have proactively reached out to palo alto police to offer our assistance in their investigation. well to police also saying if your property owner in a similar circumstance feel free to contact police before entering the property, especially if you think there's a chance you could be threatened. >>or assaulted in palo alto dan kerman kron 4 news. >>in the east bay, a roadside jewelry theft scam and freeman has claimed at least 10 victims since the beginning of the year police say the suspected jewelry thieves. usually drive up to a person who's walking and ask for directions. police say a man and a woman are always involved. at least twice 2 young kids were in the back of the car. the suspects tell the victims that a family member has recently died. and then it's customary to give away their jewelry. >>they hand them a ring they put necklaces physically on them and in doing so they removed and jewelry of value from the victi

from the air bnb community. we are providing our full support to our host at this time. and we are proactively reached out to palo alto police to offer our assistance in their investigation. again palo alto police searching for 3 suspects they also say if your property owner in a similar situation and you go to your house and you see something like this feel free to call police first before entering the house, especially if you think there's a chance of being threatened moore assaulted live in palo alto dan kerman kron 4 news. thank you dan. >>a 6 month old baby ow safe s after a thief stole a car with the child inside it happened in emeryville police found that baby on the side of the road but investigators are still looking for the stolen car. >>and the person who took it kron four's haaziq madyun reports. >>a mother leaves or 6 month old daughter in a car with the motor running. well she went to get something to eat inside this taco bell. that's when it happened. >>well she was with car you came up and took t

from the air bnb community. we are providing our full support to our host at this time and we have proactively reached out to palo alto police to offer our assistance in their investigation. well to police also saying if you're a property owner in a similar circumstance feel free to contact police before entering your property, especially. >>if you think there's a chance you could be threatened or assaulted in palo alto dan kerman kron 4 news. >>a roadside to a roadside jewelry theft ring in fremont has scanned at least 10 victims since the start of this year. police say the suspected jewelry thieves usually drive up to a person who is walking and they ask for directions. police say a man and woman are always involved and on at least 2 occasions to children who were young when the back of the car. all 10 reported cases from january through last week victims have lost their goal, the chains. police believe that this may be an underreported crime and they say they need victims to come forward in order to track dow

from the air bnb community. we are providing our full support to our host at this time. and we have proactively reached out to palo alto police to offer our assistance in their investigation. well to police also saying if your property owner in a similar circumstance feel free to contact police before entering the property, especially if you think there's a chance you could be threatened. >>or assaulted in palo alto dan kerman kron 4 news. >>the santa clara sheriff's office has identified the woman accused of ramming 2 people in her car are killing one of them as they in a park in cupertino yesterday, 50 year-old maria or to is in santa clara county jail tonight. she's expected to appear in court tomorrow on murder charges as of this afternoon. authorities say they're still trying to figure out a connection between the suspect and the victims. >>we're learning more about a kidnapping and homicide in santa cruz county the county sheriff's office confirmed late today. the motive in yesterday's kidnapping was robbe

>>homeowner on the peninsula it happened at a home that he was renting out as an air bnb the latest on the investigation next in a live scary moments in the north bay after abbas catches fire with passengers aboard. >>we'll hear from a witness who praises the driver for his quick thinking beautiful day around the bay area now things are going to start heating back up our chief met come try my really big chicken sandwich combo with two patties for $4.99, or three for $5.99, or four for $6.99. that's an amazing deal, jack! hey, thanks, stanley. ow. ...wait, what's happening? stanley! you're deflating! hold me, jack! only at jack in the box. two breaded chicken patties plus fries and a drink for $4.99. three patties for $5.99. or even four for just $6.99. four patties? well, tickle my elbow! no thank you. try my really big chicken sandwich combos. starting at $4.99. >>6 call to police are on the hunt for 3 men who allegedly robbed and assaulted them and it's a case of an air bnb rental home gone wrong. thanks for joining us tonight, i'm can one and i'm pam moore kron four's dan kerman is

from the air bnb community.e are providing our full support to our host at this time. and we have proactively reached out to palo alto police to offer our assistance in their investigation. >>in the north bay there's a new our emergency siren to warn residents about disasters like wildfires. and to alert residents to leave after the deadly 2017 fire storm. all the santa rosa fire department suvs patrol cars and the sonoma county sheriff's cars. we'll have that siren and it will only be used in an emergency to let people know it's time to evacuate, that mean. >>you know turn on the television tune into the radio, if you hear the siren and you have a police or fire department vehicle driving your neighborhood with the high low siren. that means it's time to >>the city has also launched a new website to help people when a fire hits the area. >>and new this morning we're getting to hear you hear that dispatch call this is from wednesday's deadly plane crash in connecticut that left 7 people dead. that vintage plane

we are morgan stanley. >> air bnb is set to hire goldman sach and morgan stanley as lead advisors thenvestment banks would be less lucrative because air bnb is leaning towards going public through a direct process >> getting a check on other big stock movers tesla delivered a record 97,000 cars in the third quarter but that missed analyst projections. about three quarters were the model 3 where model x dropped. exceeding deliveries and is entderring the fourth quarter with a backlog bed bath and beyond, sales fell more than 7% cutting the earnings out for the year and is making progress in the search for a new permanent chief executive. shares of goproare tumbling. primarily due to production delays shares are off 16% in the extended trade still to come, the impeachment inquiry plot thickens today as one character is set to testify to congress behind closed doors. later on, facing the fall out as wall street looks to recover from one of the worst starts to the fourth quarter "worldwide exchange" is back after this >> president trump is escalating his attacks on the impeachment proceed

but we don't know if he's ever going user bnb again and as for the guests air bnb says they've been taken off list allowed to rent. >>they're on the no reckless rit. side we have a shot of the bay bridge robin been following the for us this morning. she says woods spots has been awfully slow social give us the latest update here in just a minute you john is looking at the forecast looks looking at the forecast looks nice there that picture welcome to the carnival 30 minute tour. hey, shaq. it's a 30 second tour. no man it's like... now it's 26. welcome aboard. ocean! skyride. mini golf. relax! relax! relax! you take this man to be your husband? i do. married. no time for basketball. pool. carnival. choose fun. at at&t we believe in access. the opportunity for everyone to explore a digital world. connecting with the things that matter most. and because nothing keeps us more connected than the internet. we've created access from at&t california households with at least one resident who receives snap or ssi benefits. may qualify for home internet at a discounted rate of $10 a month. no commi

>>on the peninsula palo alto man who rented out his house on air bnb got hurtrying to break up up party and his house. the homeowner rented the house on tennyson avenue. there were 2 people renting over the weekend but on saturday night the homeowner got alert the smoke detector went off so went over to see what was going on. there was a party there 30 or 40 people were there at his house, so we asked them to leave and that's when he pushed to the ground, somebody stole his phone and his wallet and then. as somebody else called the cops. that homeowner was confronted by a 3rd person. 24 hour 911 dispatch center. >>did receive a 911 call they could hear voices in the background and then the phone hung up so that immediately alert our public safety dispatchers that something suspicious going on so they sent officers to that residence. >>by the time the police got there all the guests had left air bnb has removed those 2 guests, so they're not allowed to rent anymore. as for the homeowner, we don't know if he's going to put its house back on there. >>in the south bay, san jose man now faci

liz: the big one is air bnb. >> that was the one. liz: don't they direct list?rading is pretty good. it is pretty good both in the secondary and primary. that one is matching up to the hype from what i understand. you are a small investor, you want to invest in ipos, we're going to help you. i don't make recommendations. i can tell you what the sophisticated guys are saying. they were negative on we work. they are very good on air bnb from what i understand. liz: charlie, thank you very much. we have some news on deere that is bringing down caterpillar which is a dow component. we will explain what that is and that is in part why the dow is down 316. we're coming right back. ♪ . . we call it the mother standard of care. it's how we care for our patients- like job. his team at ctca treated his cancer and side effects. so job can stay strong for his family. cancer treatment centers of america. appointments available now. cancer treatment centers of america. the doctor's office might mejust for a shot.o but why go back there when you can stay home with neulasta® on

and air bnb has removed that guest, you know who rented it from being allowed to book any more.uz, the sheriff's office confirms the motive was robbery. investigators found the body of 50 year-old to tree off so cal, san jose road on tuesday. he was an entrepreneur and the owner of a corporate website company called. trend that. now police say he was kidnapped from his pleasure point home. >>we do know he was kidnapped. intended robbery and we don't know what led and to his eventual murder. >>sheriff's office says that there have been arrests in this case, but they are still looking for more people as well we'll try find out more information and keep you updated. we'll have new details this morning on a jewelry theft scam in the east bay police say the thieves targeted at least 10 people in fremont since the start of the year, a black bmw suv is tied to at least one of these thefts police say the thieves drive up to a person who is walking and they ask for directions. remember we told you about this story. they tell the victim that their family member recently passed and that it

. >> y asi con el dueÑo de u ayrton lucas bnb se dio qucuent que tenian una fiesta, dos m hombres lojaron robaron el celyuular y la bulletera, un c tercer sujeto se le acerco rob n robandole el celular y el dinero que tenia en el bolsillo del n papa pantal pantalon . >> identifican a las victimas o mortales el domingo por la ma maÑana fallecios eran mehombrese 21 aÑos de edad, la causa del c accidente estan bajo i investigacion . >> se ofrece recompensa de 15 i mil dolares po'r atriopellamie atriopellamiento mortal, el accidente fue el martes en la v avenida 22 , las autoridades e identificaron a las victimas , una niÑa sesta en condicion soaj de atropellar a una personas, i mirella de 50 aÑos fue casusad de arrollar a las personas dan o dandonse a la fuga, minutos de p despues una de ellas fallecio . >> y se registra un homicidio a mas en san jose, el numero de s asesinatos del 2019 podria su superar lo registrado, el ultimo fue en esta avenida . >> asi es, vamos con adnres, que tanto hay que psreocuparse por s esta cifra . >> autoridades dicen que un as asesinato y la perdida de un

placing bets on airbnb as it prepares to go public >> reporter: well there's lots to like about air bnbe's how the company makes money. it takes 15% commission for each booking. this is a space where airbnb is making moves into. that fee could be higher the founders are still at the company, chesky as ceo last year they pooched dave stephenson to be its cfo and belinda johnson has been there since 2011 its board include key veterans with wall street experience. in may it added a former apple executive to a roster that includes former american express ceo and former pixar ceo there is, however, guys, a lot that we still don't know about the company that may or may not be as appealing like its costs for things like insurance and host guarantee competition is heating up while bnb is moving into the traditional hotel space. and its new york hotel-like project big hotel chains like marie olt and ihg are encroaching. investors want to learn about its corporate governance which is top of mind for many. perhaps the biggest risk to airbnb businesslike uber and lyft is regulation like ride sharin

liz: one last quick question, air bnb, casper the mattress company and post mates those are the up comingpos people are excited about. again these are very much millennial type of names. do you look forward to purchasing any of these or would you urge caution at the moment? >> i'm very excited to get my hands on that air bnb in terms of understanding the profitability underlying that. i think that's a real business there. the others not so much. liz: yeah, i would say airbnb is really established, has a big customer base. thomas george of grizzle, good to see you. thank you very much. he's holding on to his beyond meat shares just as they fall 20%. >> thank you. liz: autonation is sputtering right now. we have the closing bell ringing in 37 minutes. the nation's largest car dealership chain tumbling after reporting earnings fell 11% last quarter. the company was also hit by 10 million dollars in severance costs from its ceo change. autonation is down about 2% right now. it's at $50.79. up next, speaking of autos, major carmakers turning the keys er california's strict auto emissions rules

he's got rented house morning air bnb but those people who rented they're not allowed to either. they've been taken off the list. >>was to the south bay, san jose man now facing charges in a deadly shooting from august police arrested and tony open all for the shooting death of jose sandoval it happened on story road back on august 10th. cent of all died at the hospital investigators served and all with an arrest warrant on wednesday while he was in custody on unrelated charges in milpitas. our city football players at gilroy high school have been sighted now for sexually assaulting a student on campus. police began investigating the assault last months before players were arrested cited and then suspended from school after that 10 players on the team quit deciding that they didn't want to finish the season and that left only 9 players left on the varsity team, the whole season has a result now has been canceled. >>i hayward man accused of being a chinese spy has been denied i'd bail. prosecutors say the show a paying exchange money and classified information and he'll tell tell

. >> do you air bnb it? >> totally. who wouldn't want to resnt that? >> lee died in november.san francisco unit being sold by the lee family trust. so if you're interested, there's the info for you. >> i'll make a call during the commercial break. >> rob might call, too. >> you can do it all, writing, acting and producing and now she can add hosting "saturday night live" to that. >> she'll do it with an armful of emmys. last month she won three emmys for her breakout comedy flee bag on amazon prime. i've not had a chance to thchec that out. she is still in awe of the talent at snl. >> you're surrounded by geniuses and i was blown away and it was a sketch after sketch. >> taylor swift, she's going to join the snl crew as the musical guest so you can watch them tonight at 8:30 right here, nbc bay area, it's a date. >> wow! rob mayeda joining us now with a story that affects everybody. hot weather's coming and red flag warnings are going up. >> to get these really warm days for san francisco and the coast involves offshore winds which for the north bay that's a problem. red flag

>>in numerous different offices bnb want don't use any of that. even to sample it. and of the people and just check them against the records and see if their citizens. you have we have found and some of them are and that's one too many because why makes a difference in our election system. >>will suit alleges that secretary of state alex padilla and the head of the dmv are violated the national voter registration act. the lawsuit is seeking that a judge ruled that the state agencies use that data in their possession to determine voter citizenship. >>in a statement, the secretary of state responded in part by saying this lawsuit is a fundamental misrepresentation of the national voter registration act the plaintiffs claim they are protecting voters. but this is nothing more than an underhanded attempt to bring their voter suppression playbook to california. >>a lawyer filing this lawsuit. other suits on behalf of the trump administration before but she says she does not expect this matter to be resolved. before the 2020 presidential election. maureen kelly kron 4 new

>>in numerous different offices bnb want don't use any of that. even to sample it. and just check them against the records and see if their citizens. you have we have found and some of them are and that's one too many because why makes a difference in our

well in air bnb run told gone wrong palo alto police are looking for 3 people who they say attacked acton robber property owner over the weekend. so a bay area man says that he rented his home right along tennyson avenue to 2 people. but late saturday night he was alerted when the smoke detector went off he drove by he found nearly 30 to 40 people at his property have any party. that's when he asked them to leave into people pushed into the ground they stole his phone and his wallet. another guest to help him get back up but as them and called police he was confronted by a 3rd person. >>24 hour 911 dispatch center did receive a 911 call they could hear voices in the background and then the phone hung up so that immediately alert our public safety dispatchers that something suspicious going on. so they sent officers to that residence. >>well the party guests were leaving as police arrive lived and the property owner he wasn't seriously hurt. and they're being be removed the booking guests. will san francisco could be one step closer to opening a safe injection site a place where people can

coming up, microsoft, ge and air bnb have one thing in common they all use freelancers and the same company to find them. >> a look at elizabeth warren's llng cry boil down to two words. the exchange is back in two. >> welcome back to "the exchange" the dow is up 227 points that's a sharp contrast. let's drill down on what's happening here with bob at the new york stock ex change are we not saying the r word now anymore? >> not quite, kelly. what we've seen today is enough for a slow melt up overall not all of this talk about a recession in 2020, that's the good news. did it cool the fed's rate cut again. most of the people i've talked to did not the fed still will likely cut this time. it is not weak enough to confirm the bear narrative right in the middle. what is next, how about trade talks. the expectations are pretty low for this meeting, there is a sense of urgency in china as well, after next week, we get to where i like to be in earnings reports looking at jp morgan, johnson&john on the same day october 16, ibm and october 17 honeywell and more >> we look forward to it let's get to

>> air bnb will be a big one they've said they'll go earlier 2020 a lot of fintech companies still toome. you'll see a lot of companies, these are small companies you don't see but they are part of bigger companies the acquisition for those companies. you'll see a lot of activity in health care, health tech that is a huge beneficiary >> how big will 5g be? we've yet to see any real break out? will that be the break out industry now >> we think it will be around 2021 that's the time 4g took to come on it will take some time to come on still not rolled out you'll see around 2021, 22 it will be a big thing. that is big in the telecom area. that is good with a robust pipeline realizing there are other factors that need to be factored in >> thank you visiting us from the middle east joining us on set coming up next the next big thing for musk and spacex it is almost time for that big reveal the state where the most millennial millionaires reside number two, new york number one is coming up when we tu aerhibrk. this is the age of expression. but shouldn't somebody be listening? so. let's ta

>> what are the latest numbers for air bnb? >> i think over $30 billion, $35 billion.he latest number now. whethers that right or not is the question whether these venture capitalizes have marked these up is the issue the other piece, the public markets that have done it as well >> the people putting up the money are not sticking them up at gun point either. >> are there still people willing to run it higher i don't blame those people >> i don't either. >> tripping themselves to get into these things. >> 100%. >> stayed in one >> i didn't do it. >> good for you. >> someone has one >> i'm not a germophobe, so i'll be okay. what do you do over there? >> organic hand sanitizer, essential oils we like this >> you are making me uncomfortable. >> you use it too. >> i'm not pitching it >> my favorite is, i don't want to shake your hand >> the guests who come in, sometimes it is their first time on tv and their palms are a little sweaty. >> coming up, new data -- come on new data on moods in america's work force showing cities are becoming more and more popular here to take tr

air bnb will have a bank to look at the home service in 2020.n you look at this years ipos there is 485% since it's may public listing. venture capital firm is licking it's chops. plus, they have backed so many of the hot products that lie in your pantry and food shelfs. in a box business exclusive we have those super stars cofounders johan and brett thomas. wow, early investors in beyond meat. i give a lot of credit. i was unsure at the beginning and i jumped on the bandwagon. >> what did you see in beyond meat? >> we invested in category creator. you look at the meat category. >> johan is drinking kombucha. >> if they can capture a percentage and small share of the market that can be a 30, 35 billion dollars market. >> you have the golden laser eye. you can figure out what will work in the food space. you have been on the show for many days. vitamin water was the early one. this will be a winner. >> i think there are a few things. we have a great team. some of what you are seeing here. >> there was more refringed pet food again. it's creative

today is the air bnb and not the china of the market anymore. the fed has a unique scenario where we are growing of the same inflation of policies that we used to have that's an easy paradigm operating because they're not going to kill the discovery. >> thank you, steve liesman. the boss just left the station on this show here is what's coming up >> a devil upgrade shares of microsoft up more than 30%. jeffery thinks there is more room run >> plus, tstay tuned for jon and pete's latest trades. "halftime report" is back in two-minutes. whether your beauty routine is 3 steps... or 57, make nature's bounty hair skin and nails step one. it's the number one brand uniquely formulated for silky hair, glowing skin and healthy nails. nature's bounty, because you're better off healthy. that's it. i'm calling kohler about their walk-in bath. nah. not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. the kohler walk-in bath features an

slide and infinity pool the life-size dream house is available to rent for just $60 a night on air bnb but there's a catch one lucky fan and 3 friends can book just 2 nits to stay there the bookings open on october 23th. the house is pink of course it sits right on the beach the cause it's we're told are even stocked with life-size barbie dress-up outfits there you go the winner also get to visit with some inspirational women to get a celebrity sow make over that would make barbie. i'm glad i did. >>so proud for news tonight at 8 on our primetime coverage is it because my name's just getting started on this thursday night grant lotus and justine waltman or companies gotten. >>did you get is going 9 the barrier members that devastating earthquake now some 30 years later several ceremonies today honoring the victims and the heroism from first responders and citizens as that 6.9 magnitude quake really change the landscape of the bay area for ever we have a live report coming up. plus new tonight at 9 story you'll see only on kron 4 a bay area animal shelter says someone. >>is intentionall

i had broken up with a girlfriend and doing an air bnb for a month and it was too much. entering treatment doesn't mean anything unless you know, i am going to have a place to live the life i am trying to rebuild. it is housing. you almost said it. you said treatment to something. it is housing. it is housing. a co-op, step down, it is housing. we need to include housing in treatment on demand. otherwise, you can walk in and just the churn like a hummingbird. housing on demand, treatment on demand. thank you. >> supervisor mandelman: next speaker. >> i am miriam. i am part of the treatment on demand coalition. i am from denmark. that is quite a socialist place compared to here. what shocked me in san francisco was not the people and misery. it is the lack of treatment on demand, lack of housing, lack of support from the government that create structural barriers to these people. so much responsibility is put on the individual. for me coming from denmark that is insane when you deal with a population like this. i don't have much to say other than just like housing first a

>>air bnb experiences into the indian ocean.>>reports say they're going to lower eyre temps into the water to attract great white sharks as s kings of the night time world performed from the surface on floating stage see there on the surface they're not going down there with a great white anyway people who buy experience can jam with job as from a submerged last bin compartment kids glass and so it's like you know seeing kids but really more like just listening to kiss with man-eating fish, whatever it is it is called shark rock city and the pan says it is the first ever live concert for great white sharks. sounds like a crazy crazy night spots go on sale october 14th kiss, always making waves always a south korean boy band and the bts has been criticized for its decision to perform in saudi arabia, the band's lead singer spoke out about the upcoming concert. telli tfor th the announcement in july some fans, not too happy about the news calling the bands. love yourself message is contradictory to the kingdom's criminalization of

air bnb is helping college football celebrate the 150th anniversary, giving fans a chance to spend aee one night stays aboard the air ship inside the hangar in ohio. for $150, two guests can spend one night inside the aircraft. the booking does not include a ride on the blimp. you do have to act soon. the booking starts next tuesday. that's what's happening now. lauren: you have to pay for the ride on the blimp? tracee: i don't know if you can. that would be the best part. lauren: still cool, i guess. tracee, thank you. cheryl: some are getting into the halloween spirit a bit early. this is from scotland's zoo. a tiny lion cub put quite the fright into her mother. the cub who was less than two months old is seen casually walking behind mom, before she pounces on her and surprises the adult lionesse. that is pretty darn cute. lauren: walking on water, how nike is chan he he'lling jesus -- channeling jesus with its latest kicks. plus, a new study that proves who really is man's best friend? is it fido? i don't know. ♪ baby, you're a fire work. ♪ come on let your colors burst. ♪ make th

no i haven't lost power charts for air bnb for about 5,000 a night for those because i need the income yeah. >>i'm just joking and don't have power i do have power. thank goodness and looks like more and more people we'll have the power hopefully middletown will because right now they don't have all right and thanks a lot. we'll james is going to be a you get a $100 >>be talking more about that coming up in next segment, how maybe you could get a reimbursement check or at least a credit on your bill from pg e if you were without power back during that october night. outage here's where people won't be seeing the power cut off whereas 24 hours ago the possibility was there because we had that wind storm coming fortunately, it did not materialize opg decided not to shut off the power in alameda county contra costa santa clara, san mateo and santa cruz counties. but we do still have power off in a number of other areas to this is actually the air quality management map will switch this over to the pga new map in a second, but it basically shows the same story which is green is good and we

. >>> plus microsoft, e and air bnb have several things in common but one in common they all use freelancersus with the trends he's seeing and what that is telling us about what is happening with the jobs market today. >>> and disney making a bold move in the streaming wars that's ahead in "rapidir fe. i will see you then. "halftime report" is back after this ♪ there are things we would change about work. and there are things we wouldn't. ♪ when work is worth it. work is worth it. work can be closer to home... pay more... make us proud. careerbuilder. work can work. find your work at careerbuilder.com what do you look for i want free access to research. yep, td ameritrade's got that. free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one l

next year could bring air bnb and host of other companies. how do you position? >> we buy companies on a relative valuation bases and we're looking at the dividend because management of these companies set the dividend based on free cash flow or normal sustainable earnings power as a portion of so i'm less concerned about earnings we're watching the top line and we are find iing attractive valuations in cyclicals and so when i was here last, i was talking about software before that, it was consumer discretionary. we've been trimming back the consumer discretionary and moving more into tech and more cyclical names it's a bit contrarian. >> absolutely. you're comfortable with the fundamentals >> we are. a lot of it is priced in you've got 3m up today been a long time >> that's a good point guys, thank you. was phil your dad by the way >> no. he was the founder of the firm >> oh, you're not a correa you're just a wise ner looks like he had quite the career one of the first mutual fund guys >> maybe i should have been. >> like a son i'm sure guys, thank you both than

or air bnb so a lot of these big startups go through this transition they have an audacious goal and figure out how to play by the rules to make it work. >> look, the original iphone was an audacious goal. it took a ton of work with at&t and everybody to pull that off. >> but i think if you are a publicly-traded company and you have stock holders that you have to, you know, appease, you have to set those audacious goals but then also meet them. and if not, you will be punished as a result. and i think it's also worth noting that, you know, elon musk has had some audacious goals that he hasn't been able to achieve that have upset share holders. actually, that is how the chairwoman robyn denholm -- without any actual funding secured for that take private and that is what cost him the chairmanship and she got that job. >> flip side of this is that we have heard some of the same type of commentary including today and even earlier this week from glen shotwell over at space x. this seems to be the model for elon musk. at least with space x, it is a model that has worked and you could argue

back and say this is the moment >> yes >> some, i would agree >> we work is the moment >> where's air bnbwonder whag to do sounds like they're going to do a direct listing >> the tell on it was that there are so many, being shown a block of we works by goldman who do you think is selling that >> goes well with josh's nice article. i wrote the similar thing here on b cnbc about lyft and the issue was that the dpraeter fool, somebody's going step up and pay more and we did run out of those that was the issue >> they'll be back >> let me step for a quick break and we'll come back with final trad es let me tell you something, i wouldn't be here if i thought reverse mortgages took advantage of any american senior, or worse, that it was some way to take your home. learn how homeowners are strategically using a reverse mortgage loan to cover expenses, pay for healthcare, preserve your portfolio and so much more. a reverse mortgage loan isn't some kind of trick to take your home. it's a loan, like any other. big difference is how you pay it back. find out how reverse mortgages really work with aa

and if you're staying at an air bnb rental property don't think that you'll be exempt instead the existing tax will be raised to 10%, i've your rental. >>on the 9 years old my car key my phone on the radio i walked out my car bomb. it's on my own gone. >>a 9 year-old takes his grandma's car for a joyride how witnesses are describing what happened next plus a former yahoo engineer pleads guilty to >>the thousands of users accounts details on the investigation when we come back. plus clueless star stacey dash arrested aher home over the weekend. the weekend. >>and we have body at at&t we believe in access. the opportunity for everyone to explore a digital world. connecting with the things that matter most. and because nothing keeps us more connected than the internet. we've created access from at&t california households with at least one resident who receives snap or ssi benefits. may qualify for home internet at a discounted rate of $10 a month. no commitment, deposit, or installation fee. visit att.com/accessnow, to learn more. >>the 2 defendants and that go ship fire trial will return to

regulatory overhang, regulatory uncertainty when it comes to these businesses and business like air bnbo wonder, various municipalities, different rules across the country, it is harder to become compliant with all these different rules for different areas. and that's just another head wind for these stocks. >> and i think it gets back at this key argument, you can also make this argument with wework as well, these ideas of companies saying they're tech companies, even though they may -- they may be involved in industries that are not so tech focused. are they a platform or are they actually something more than a platform and thus what does that mean for a regulation standpoint, even on a federal level too. >> couple of names in the semiconductor industry to watch. semis overall pretty flat. they have been the poster children of the china trade deal and they're just off fractionally xilinx is up, buy to neutral earnings october 23rd. wdc, western digital, buy from hold, price target 75 to $50 a share. this analyst is saying there is something very important going on in the space, that f

air bnb will probably happen they'll do a direct. now you don't have this meteor coming into the market and displacing other stocks. is there some benefit to that? >> you raise a great point fundamentally, with with ipo's, it's sucking the oxygen out of these names. >> right. >> from a supply perspective, some of these names continue to be there they're going to benefit i view this as one -- you sort of hand hold through this period 3q, specifically cloud, fang, amazon, apple, microsoft especially some of the cloud names, we continue to like some of those names i think ultimately these are valuations that are going to go higher we're not panicking because of the fundamentals. >> if you had to choose one name, given the fact that it's a sea of red that you would be adding your position to, what would it be? >> in our opinion it's apple just because taiwan, we've seen an uplift in terms of 4 million units coming out of taiwan in terms of what iphone 11 looks at i view that as a 20, $25 overhang in terms of china on large cap that conti

air bnb doesn't exist except fo the millions of hosts around the world.ople were needing to find ways to make extra income 40% of all americans are about $40 away from facing a really difficult financial situation. so when these types of situations come about, we look for ways to be able to work with our host community in the midwest, where a lot of these uaw workers are based, we have 15,000 hosts in michigan, 11,000 hosts in ohio and so the goal of this program really is to give a little bit of a helding hand to those folks who have actually helped make this company we don't exist but for them. and think about what's happening over the next couple of weeks. some really big, big 10 football games. and we know we get big spikes in guests traveling to these games. east lansing michigan in two weeks has the michigan state/penn state game. this upcoming weekend is the notre dame/michigan game, 107,000 people coming to ann arbor. and if some of those people can go stay in some uaw houses and get a little bit of extra money into their hands, i think that's a g

line grocery business has picked up in the u.s some people don't want to pay for it >> what about air bnbme on in get in my bed. or uber. a stranger, get in my car. >> amazon has an at home delivery >> i thought they should come up with a movie and have them be the suspect. >> okay. coming up, did you see jepardy >> i do watch but i haven't seen it in a week in a half jeopardy james is long gone. >> the bar tender, he was fabulous >> check this out. >> the big statistic for $1,000. >> blk on the new york stock exchange has more than $6 trillion in asset management. more than any other firm >> what is h&r block >> no. >> what is black rock. >> i just love h&r block $6 trillion. and making his way to the set. larry pink joins us. you got it right we knew. ♪ from the start, the c-class was ahead of its time. still, we never stopped making it stronger. faster. smarter. because to be the best, is to never ever stop making it better. the 2020 c-class family. lease the c 300 sedan for just $419 a month at your local mercedes-benz dealer. i am totally blind. and non-24 can make me show up too ear

gooden is here and the ceo of sanders, he talks short-term rentals and hotel industry, similar to air bnbse zeros really add up. ♪ maybe i'll win ♪ saved by zero my body is truly powerful. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's supposed to. trulicity is for people with type 2 diabetes. it's not insulin. i take it once a week. it starts acting in my body from the first dose. trulicity isn't for people with type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, or severe stomach pain. serious side effects may include pancreatitis. taking trulicity with a sulfonylurea or insulin increases low blood sugar risk. side effects include nausea, diarrhea, vomiting, belly pain and decreased appetite, which lead to dehydration and may worsen kidne

the iconic mansion lisse listedm bnb to -- airbnb to honor the 50th anniversary. >> why don't we chipaiming the economy is not working for all americans. >> we've had a lot of problems with losing jobs but the principal reason has been bad trade policy. we can make this economy work for everyone. not just some, but for everyone. we can use trade to help build a stronger economy. we have a country where our economy, our democracy, our government are working for those with money and not so much for anyone else. >> but do the numbers and the voters agree? here to react is brian brenburg. how are you, brian? >> doing great. >> i find elizabeth warren to be completely delusional on this issue. what say you. >> i say she likes to dodge the number. she's a a story teller. she uses language on the campaign trail that suggests that our economy is in a free-fall, it's a meltdown. the problem she has is the underlying numbers don't say that on jobs, on unemployment, on wages. and the people don't say that. by and large, across demographics, across where you live, across what you do, most people