>>we've had some success d we have some other i would say air bnb is a is a good example of one of those challenges we've been sending out notices to all of the short-term reters in our database we do have a great database because we have to collect what's called the transit occupancy tax from all of these renters and we haveent letterwe have sent notifications and we even we have the email address that folks in the community can send an email to t o t a town of truckee dot com to let illegal activity happening in the community you know we n't we don't have any way to go and shut down air bnb obviously so at soe point here being d in vr do have to take responsibily for their platforms as well to confm openguidelines. next at 6 protesters around the country are calling on their states economies to be open. while the present urging states to reopen their economies. sums are expressing ncerns that itmight be a litt bit too early and that move cod backfire. shtages of essential coronavirussupplies exist at every r of e american economy that includes tests. thermometers for screening customer

a source tells me there's no ratchet and the terms are dependent on air bnb morgan stanley served as financial adviser to the deal. it along with goldman sachs are the lead underwriters for the anticipated ipo. they said they wanted to go public this year certainly a billion dollars gives them time to sort this out. back to you. >> yeah, big funding round on a private travel company, really amazing stuff. >> dan nathan, listen, there's a lot of people out there with these concepts of companies and the way we travel and work totally changing maybe air b & b is thinking, you want to be with your family or around nobody else or maybe they got lucky. >> they certainly did seem to get lucky when you think about this funding round down only about 20% from the prior round a few years ago. let's be fair here, who knows what's going to happen here, i don't think anybody's rushing back to staying in someone else's home, you would rather stay in a hilton or marriott, because you would stay 234 someone's home what we've seen over the last year and a half is this unicorn massacre, when you think

>>like an air bnb renting they tell you told him not to or like youaid you won't find him just to go home now what. yes sobasically we're telling them to go home now and in the town of truckee i don't believe we have find anybody know that we have south lake u tahoe is an oasis sister city dorado county placer we have a numb of different jusdictions appear so in the town of truckee we haven't necessaril find anybody yet, but we have sent out thousands of letters to all the homeowners iorming them of these new we communicate very effectively wi over property managers all of our hotels. >>and really we're finding very good compliance we're finding that a lot of listings are down but i would say air bnb alg with vrbo or 2 of the more challenging platforms they've been really hard they are not responsive to jurisdictions like us and they are not hearing to a lot of the lol a lot of the local restrictions that are in place so you know it's it's really these bigger platformthat are the challenge all of our lot local lodging propertie are doing a great job and we rely appreciate everything

>>effect of immediately hotels motels air bnb zimmer in teammates help each other find a way to win, just like covered california helps you find health insurance you can afford. they're the only place you can get financial assistance to help pay for health coverage. plus, this year, the state is providing more help than ever before. and because a new law requires californians to have health coverage or pay a penalty, covered california has made it easier to get financial help, but time's limited. visit coveredca.com or call to enroll today. >>welcome back everyone our top story that we're following for you at 7.30 police and the east bay they're clamping down to try and prevent large crowds of parts over easter weekend kron 4 sarah stinson has all the details kind this live report in from san francisco icer. >>the morning of the east bay regional park in district they are shutting down at least 10 parking lots at parks and this is all to reduce crowds, i know a lot of people they want to get out they want to enjoy that the outdoor time with their family for not only just the weekend

>>short term rentals obviously that includes hotels motels bed and breakfasts an air bnb if they are trying to discourage people from coming into the bay area and possibly bringing their coronavirus and that's why in the overnight hours if you're just waking up this is the new law the land in marine county, at least through may 3rd. they think that everybody is doing such a great job sheltering in place and trying to flatten the curve and we're ahead of the curve when it comes to flattening the curve and they want that to continue which is why they're only allowing people who are homeless or have some sort of emergency in marine county like living in unsanitary conditions to move into the hotels and motels for less then 30 days. that's the exception other than that they're not allowing people to do that they're not going to find anybody but obviously they will monitor the situation with hotels and motels pretty easy to stay on top of that. an air bnb they will monitor them as well reason being they want you to say in your own home probably tell your relatives not to come visit and st

they are discouraging people to rent out their properties like air bnb that invites people from outside the bay area and perhaps outside of california to come into our area and possibly expose people to coronavirus they want people who live there obviously this stay near their homes inside their homes and their neighborhoods and not invite outsiders in however, if you are the owner of a hotel or motel or air bnb there is a little bit of wiggle room those locations are available to the homeless because obviously they want to get the homeless. off the streets to possibly quarantine in those particular areas and if you live in marine county and you have unsanitary conditions and it's an emergency then they will allow you to rent those locations otherwise that's not going to be possible. they will enforce it and again this will go on until the first week of may. robin a very good okay thank you will. >>the parents and students are struggling with this new normal of doing homework at home parents have a lot more on their plate and trying to help their kids with distance learning from helping

>> air bnb is raising a billion dollars even as the coronavirus outbreak continue to hit the travel industry, particularly hard in a press release, they say silver lake and sixth street partners will invest a billion dollars in a combination of debt and equity to support the start up's ongoing work. the company did not disclose the latest valuation, but according to two sources, in early march, it lowered its internal valuation to $26 billion and that's down from the 31 billion that it last raised money at in 2017 now the terms of the round, they were not disclosed either but a source familiar with the matter tells me there's no ratchet and the terms are attractive for air bnb meaning there are no terms that make sure it has to go public at a certain time or perform a certain way. morgan stanley served as a financial adviser to air bnb and guys, this still doesn't tell us a lot b about ipo plans. the company had said previously it planned to ipo this wreyear t it's facing a lot of head winds amist the coronavirus and now it's raise iing a billion dolla, so it could put that timeline

>>san francisco based air bnb is leding a hand to people who are working on the front lines yelp sashaaloft us shares the company's latest inittive now to make sure call home. ody has a place to >>the goal here is to help our health care workers air bnb nts to make sure they have a save countless lives having to take those extra precautions being awe when it comes to covid-19 first responders and medical prossionals are leading the fight the uncertainty of lving. >>the hospital y to wh yo might take to your patients i mean to your fami but so many risks come with th battle and that's why air bnb is offering its support are their way of giving back and being being able to be to help during the y. >>really awful awful isis. the company's new itiative front line connects health care workers to free housing around the world and right here at home we talk to you know so many people in the st few days and realize that was a real need for medal workers that are coming in to places that an block megan whether ey've traveled here to help or are isolating to protectheir families. >>hosts are get

. >>> the ceo of air bnb is making a $250 million pledge to travel horseback and $10 million super host relief fund to offer grants to help with rent or mortgage. the company is working to refund due to the coronavirus outbreak track a couple of stories this evening that show we are better together. that's our new campaign to highlight the good in these difficult times. the great american take-out is coming back for seconds. restaurants are asking customers to order at least one take-out meal that will help bring in money for many shops at risk of closing their doors due to the coronavirus shut down. residents have continued to support the take-out movement this week. >> all of the residents here above us are going out of their way to support. everyone using doordash, grab hub, are continuing to support restaurants and that is heartwarming. >> we do curbside as you saw earlier. we are making sure that we keep everybody safe including ourselves an open and available for everybody. >> stefan delarosa in san rafael say they are thankful for the great american take-out concept. they say it

>>and air bnb has announced new cleaning standards starting in may property owners are host must allow minimum of 24 hours between rentals air bnb says that will reduce the chance that a guest might encounter any airborne viruses. the home sharing service is also launching new guidance on how to clean every room in a home in asking host you specifically ning products if property owners choose not to follow the cleaning protocol they may be forced to space rentals 72 hours apart. tonight, we know that to airbus has placed more than 6,000 workers in the united kingdom and france on government funded furlough program setback on friday, the company's ceo warned employees in a letter that. >>it was burning cash at a rate that could threaten the company's survival, the british government. well now pay 80% of the furloughed workers salaries airbus said a similar step has been taken in france. tyson foods is now warning that millions of pounds of me will disappear from the supply chain is the pandemic pushes more food processing plants to close and that could lead to shortages in grocery store

air bnb did it also you have a price maker and a price taker. what you would say is that the public equity and capital market essentially allows it to raise as much money on whatever terms they wanted. air bnb had to two to a loan shark. there's a massive di lohslocatin private markets. josh mentioned this very early on but there's been this amazing phantom rally in junk high yield. if you go through the high yield index, there are an enormous and growing number of zombie companies that will not exist in five or ten years. again, at some point the bill comes due and somebody has to price these saassets and all the unsecured debt that has not gone to fund it but has gone fo fund pay backs, those unsecured debts have to get paid back. the cash flows don't exist which mean these companies will go to zero in the credit market, i think there's an enormous body of opportunity. it can be price makers in the public equity market if you have any reasonable way of saying this is one or two quarter abberration you'll be given a hall pass. if you're really

the wrong message if they fly to washington instead of sheltering in place a san francisco based air bnb announced a new cleaning standards. >>starting in may property owners are hosts as they call them must allow a minimum of 24 hours between rentals air bnb says that will reduce the guests might encounter any airborne viruses. the home sharing service is also launching new guidance on how to clean every room in a home in tasking hosts to use specific cleaning products if property owners choose to not follow the cleaning protocol. they may be forced to space rentals out 72 hours. as we switch gears now and get a check on the 4 zone forecast a live look here on this monday night at a rather desolate golden gate bridge sharecroppers meteorologist for breezy rodriguez joins us with a look ahead at the week hype of precept. >>either grant and a key and we noticed a few degrees of warming today along the coast and even in our interior valleys, not warming trend is going to continue to your tuesday as well live look outside golden gate bridge and we are noticing marine layer nonexistent can w

>>short term rentals are places that people live in for less than 30 days, including air bnb is like you mentioned marty bed and breakfast hotels and motels orders based on the growing number of covid-19 cases with in marion county and the bay area. officials believe that allowing short-term rental stays increases the chance of transmitting the virus now there are exceptions to the order. it doesn't apply to places used for the county's homeless population for those who need to self-isolate or quarantine and for county residents who have unsanitary or unsafe conditions at home. the order also excludes housing used to support health care operations. essential infrastructure central business is an essential government functions and if you violate the order. you'll be charged with a misdemeanor and could be facing jail time. now the order went into effect late last night and will remain in place until may 3rd 2020 to read the order in its entirety just head over to our website at kron 4 dot com marty all thanks a lot for that live report from the kron 4 news room. >>and students find th

hotels motels and bed and breakfasts an air bnb locations that ran out of people less than 30 days can do that they are praising people in california and specifically in the bay area for flattening the curve and in fact we're ahead of the curve when it comes to flattening the curve. those areas that i mention they will be reserved for those who are homeless or live in moraine county under and sanitary conditions or with emergencies they can go to those locations otherwise people who come into california. so the bay area moraine county will not be allowed to rent office locations out of fear of that they could possibly bring in coronavirus back to you. >>some services to tell you about for easter sunday kron 4 will air joel osteen at 10:00am followed by in touch ministries at 1030 and at 1130 fellowship church of the east bay percent a spring cleaning sermon for easter 2020. and if you're watching us on kron on a full hour of coverage on the coronavirus coming up at 7. and we have removed the paywall during this public health emergency you can download the app free watch it on kron on d

hotels motels and bed and breakfasts an air bnb locations that ran out of people less than 30 days can no longer do that they are praising people in california and specifically in the bay area for flattening the curve and in fact we're ahead of the curve when it comes to flattening the curve. those areas that i mention they will be reserved for those who are homeless or live in moraine county. under unsanitary conditions or with emergencies they can go to those locations otherwise people who come into california. so the bay area moraine county will not be allowed to rent office locations out of fear of that they could possibly bring in coronavirus back to you. >>we have some services to tell you about for easter sunday, you see the information they're kron 4 will air joel osteen at 10:00am followed by in touch ministries, 10 30 and at 1130 fellowship church of the east bay percent says spring cleaning surman that's for easter 2020. that wraps up kron 4 news at 5 for coverage of the coronavirus continues at 6. and dozens of people have tested positive for the virus and san francisco's t

contributing funding to provide housing for our health care workers. 1199 seiu is working with air bnbding members with benefits. we have hotels coming forward and offering free hotel rooms. we thank them all very much. last night as a signal of our thanks to the workers who are out there every day we lit up our landmarks in the new york city area and in niagara falls blue in their honor. that's a nice symbolic tribute. what's more -- what's even better is to take action that shows our gratitude. saying it is nice, doing it is even better. after 9/11 congress created a victims compensation fund. i've been working with our congressional delegation. we think the federal government should set up a heroes computation fund to compensate our health care and other front line workers for what they did here. saying thanks is nice. actually providing assistance is even better. the big question is going to turn to when do we reopen, especially in places like new york where we're going to see the numbers now starting to change the natural trajectory, the human movement is going to be, okay, now le

. >> now to indianapolis, one couple saw a major slowdown at their air bnb so they offered the spaceincluding a nurse who cannot go home because her son has leukemia. >> just staying at the hospital through the weekend and it was nice to be able to get out and go somewhere else and kind of just decompress. >> and richmond, virginia, social distancing did not stop birthday celebrations for nora burt kapecko. >> it is so unusual to have my neighbors come together and celebrate a birthday to someone like me. >> how can he be 101? >> that's incredible. >> all right. more good stuff now. some of the biggest names in comedy joining forces for laugh-aid. the live stream. joining us is bob sagat, co-host of the event. great to see you. before we get into what you're doing, first, how are you doing? how are you and your family doing through all of this? >> i'm good. my wife is upstairs, so we're maintaining social distance and my daughters are in new york, which concerns me a great deal. and a lot of loved ones all over the place. we're fine. i've been -- i made my own face mask out of my und

the stay at home order already in place there still a large number of visitors apparently booking air bnb bed and breakfasts hotels and motels officials believe allowing short term rental stays increases the chances of transmitting covid-19 there are exceptions though it does not apply to places used for the county's homeless population for those who need to self-isolate or quarantine and for county residents who have unsanitary were unsafe conditions at home. the order also excludes housing used to support health care operations. essential infrastructure, essential businesses and government functions if you violate the order you will be charged with a misdemeanor and could face jail time the order went into effect last night. it will stay in place until at least may 3rd. >>as bay area residents try to prevent cabin fever during shelter-in-place a san mateo native is sharing her experience while on a sailing trip across the ocean. our first kate rooney has the story. >>for some shelter in place may feel a bit like being out at sea with nowhere to go and no land in sight local writer and s

will continue at least through may 3rd short term rentals include hotels motels bed and breakfasts air bnbing that you rent out for less than 30 days. the reason being they believe that the bay area has done such a great job flattening the curve with people sheltering in place staying in their neighborhoods and they want that to continue. yes people will vacation in california but they're trying to discourage that they will reserve those hotels and motels for people who are homeless to get them off the streets, especially if they have coronavirus and they need to quarantine or if you live in marin county. but you have unsanitary conditions that you will be allowed to stay at a hotel or motel as far as tourists rivian bees they're not allowing you to do that because they believe that you could bring in coronavirus to the bay area and maybe get a spike and the number of cases and that's why they're not allowing that to happen they're not talking about issuing fines if you disobeyed that that they did say they will monitor the situation and obviously won't be hard to monitor the situations at

sleeping in my bed it is interesting to see whether people end up being more increased to go to air bnb or hotel. soupd $like you would be more inclined to go to a hotel. others who would be more inclined to go to an air bnb because they want to be in less intensity. >> i'd be more inclined to go nowhere. >> i don't know, if you told me the hotel was going to be clean, clean, clean and they have services there that's where i'd be inclined to go i don't know >> how about the christmas vacation rv. cousin eddie's rv. people will be driving i don't feel like driving 16 hours. that will be more common then, you might as well take your car with you. >> i always wanted an airstream, joe. this could be my moment. >> i see you one of those that has the thing when you park, they pull out and expand the things. you've got the big screen. that's how i see you >> thanks. i'll take it i've never done the full cross country road trip. >> it is bad we tried it on a squawk tour you might recall mark pretended he was on the rv and we were in the back like this just sick to his stomach. >> i thought he w

air bnb disrupted hospitality. we haven't talked about that.he hospitality industry is devastated and probably take a decade for it to come back from this. neil: okay. don, thank you very, very much. we appreciate it. we will be hearing by the way from new york governor cuomo and we'll also be speaking with arizona senator mcsally on all of these developments. i want to pass this along before we go to break. the canadians and united states have agreed to keep their borders close today nonessential travel for another 30 days, another 30 days on nonessential travel to and from our countries. stay with us. >> all right. new york governor andrew cuomo addressing the media, more than 17,000 deaths in new york. >> hit the plateau and are we now on the way off the plateau and on the descent? if you look at the past three days, you could argue that we are past the plateau and we're starting to descend which would be very good news. again, it's only three days, but that's what the numbers would start to suggest and you see that basically across the boar

will air bnb be as popular on the other side of this? we don't know.ector here in the united states. you know, crude oil's down by 70% in price this year. so all these industriesch looking like different types of themselves coming out. >> jill, retail was already struggling before the pandemic hit. how much dire a situation -- more dire a situation do you think they're going to be in as we all go back to work? >> i think that the pandemic really accelerates trends that were already in place. as you said, retail had a terrible year last year. 9,300 stores were closed. 23 retail bankruptcies. we are hearing that potentially this week we'll get two big chains filing for bankruptcy, neiman marcus and jcpenney. macy and the gap are reorganizing now. what we come out with on the other side, we know there will be aar on online sales, obviously, amazon and walmart and target, doing a bumper business. dollar general, as well. i think that's going to be interesting is how we open. the largest retailers are writing together to the governments of all -- governors