how about expedia and trip adviser. what happened? they had takeovers? yes. in the case of expedia. it made a bid for orbitz. it will take a vicious war among expedia, orbiz and priceline and create a truce and end of real price competition. trip adviser reported a jaw droppingly fabulous quarter at a people were fearing a travel industry slowdown related to the strong dollar. but with expedia and trip adviser used by billions of people to travel faster with applications that work best on cell phones. these two companies will dominate the $400 billion travel industry which is consolidating like mad. i bet they'll bust the expedia-orbitz tie-up. you can say hey guys listen.

. >>> expedia on a shopping spree. its latest acquisition, orbitz just a few weeks after buying travelocity. valued at more than a billion dollars taking on priceline. soared on the news as well as expedia. sigh simon hobbs looks at how this changes the global travel industry. >> reporter: orbitz is one of the smallest industries and would have struggled against the growing market of expedia and priceline who spent billions on advertising a new technology. so as the saying goes if you can't beat them join them. expedia already boasts 13 major brands. $1.6 billion in cash expedia ceo debra kor rashahi can add ebookers and hotel club. those four he said will be much more profitable once he's cut $75 million in cost and gives them access to expedia's big stockpile of hotel rooms for sale. >> we've got one of the broadest inventories out there and we think the complement to the bank program, we think that's a terrific combination. >> reporter: the c.o. bonnie is well respected. he's reinvigorated the business with better t

that place will to something like expedia is gathering all of the starting. >> in case of expedia, why wouldn't the app, why wouldn't that be the most successful thing they could be doing? >> they are investing in that but there are other places that people are going to. other flavors of apps that resonate better with people. we are the leaders in online travel. we have carved out a nice market is for ourselves and we are growing fast. >> from a design standpoint, you offer a different type of service. expedia is like a smaller version of the website where you have to pick dates and scroll through stuff. is design an important part of that? design a business impediment or expedia? >> i think their legacy business is an impediment for the we started with a clean slate. the front and back and were invented specifically for mobile use. it is very fast to book a room the only show you great tells because of the way the hotels compete on hoteltonight, our rates are about 10% lower than anywhere else in the world. >> that really did sound like a commercial. when you look at expedia and mobil

inside the deal with expedia's ceo next. . >>> the deal of the morning expedia wants to buy orbitz for a share in a deal worth more than $1.6 billion including debt. simon hobbs spoke to the ceo earlier and joins us here at post nine. >> orbitz as you know, jon, one of the smallest on-line travel agencies but its stock rocketed on the news that ceo had found a buyer. industry behemoth expedia agreeing to pay $12 a share in cash, expedia has 13 major brands to which dara khosrowshahi will now add the orbitz brand and orbitz own brands of cheap tickets, ebookers and hotel club. those three brands will be much more profitable now that he can give them access to expedia stockpile of hotel rooms and existing lodging relationships. orbitz ceo bonny harford managed to bring his business back to the brink with better technology and private label business running basically the back office, for example, amextravel and other ad hoc sites. some say he had no choice but to look for a buyer because effectively its core business was in decline withouts the market power of an expedia or priceline. >>

the travel websites that expedia will own and operate, expedia, hotels.com.r out there shopping thinking there are a million different options. there's only two. priceline, booking.com and kayak. that's what they own. when you look at that, it's basically expedia versus priceline right now. right? >> yeah, in the united states that's definitely true. and also orbitz recently had e-bookers in europe. you had trip advisors that was spun out of expedia. you're talking about a huge number of some of the largest websites out there. you have cheap zero air out there. (?) so, yeah but you basically -- here's the problem, they are all brands of each other. some of them market to different segments. some of them market to different players. and you have basically one master company owning all that. it's the same thing that we had just gone through with airlines. now down to four airlines that control 80% of the traffic in the united states. this is a huge experiment. the funny thing, gerri orbitz was created to kill expedia. it was established in the late '90s and at

. >>> expedia is gobbling up its competition. it will buy orbitz for $1.3 billion. a few weeks ago our consumer team told you expedia was purchasing travelocity. >>> it sounds like a steal but united airlines will not honor tickets that sold for 51 bucks yesterday. the airline says it was the online vendor that made the mistake when it applied the incorrect currency exchange rate. >>> facebook received thousands of requests and now it is making a change to its policy that affects users in the after life. we told you about this last week and now the social media network will let you pick what's called a legacy contact. so a designated online heir will be able to make one last post after you pass away and that legacy contact with respond to new friend requests and update your cover and profile photos. >>> loved ones are ditching

of expedia, why would an expedia at -- why wouldn't that be the most exact full -- successful thinguld be doing? lacks there are other things people are starting. there are other flavors of apps that resonate better with consumers. we have carved out a nice market for ourselves. >> from a design standpoint, you offer there a different services. expedia is like a smaller version of the website where you scroll her things. is designed an important -- scroll through things. his design an important aspect? >> when we started, we started with a clean slate. our back end, front end was reimagined and invented specifically for the mobile use case. it is very fast to book a room. the design is really crisp and makes to a mobile audience. because of the ways hotels compete, our rates are 10% lower you would find anywhere else in the world. >> it is a fascinating business. i know the members -- numbers are growing so fast. when you look at expedia mobile do you see it as a problem? >> usually, when you have these huge shifts commit great opportunities for new innovators to come in editor requ

expedia buying orbitz object $1.3 billion in cash.ning us live in a few minutes. >> shares of tesla down sharply in a good market this morning after disappointing fourth quarter figures. musk says he is optimistic. what do you do now with the stock? >> former treasury secretary larry summers said now is not the time to raise interest rates. >> let's first get to rick santelli. hey, rick? >> hi yes. december business inventory is important for calculations adjusting fourth quarter gdp up . 1%. we were looking for more. what's fascinating is we have had a couple of up .1. last time was in august but you have to go back to may of 2013 to find a lower month over month increase and the month i'm referencing was zero. you have to go all the way back to march of '13 to see a minus and this is definitely on the low side of the last you know in the top three lowest numbers over the last year and a half or so. so we definitely want to pay attention to the inventories because it does seem as though there was a surge mid year for the good gdp bus

expedia, orbitz start there. riff. >> just taking numbers up expedia. spirit or expedia deal take out a competitor or you take out someone doing better than we thought. an interview earlier this week the acquisitions are making so much sense and almost like acquiring and looking at the books well ahead and two and two you get about nine so expedia, trip adviser, priceline, they don't all compete but they will. $400 billion travel industry. great deal. great deal. >> the cease fire trying to get our hands around. nasty kind of disappointing retail sales report and how's it mix into the market today? >> i'm not using the aggregate retail sales reports. they're not working. just like black friday didn't work. they're really a -- full of sound and fury and signify nothing. i cannot make any sense of them. maybe they're just talking to zulily. >> i know you spoke to john chambers last night. clearly a positive report. >> john is back. >> especially good numbers out of europe. what did he tell you? >> southern europe extraordinary. vintage john chambers 1994-

we asked expedia. they told us there will be no changes to consumers' bookings as a result of today's news. it went on to say its proposed acquisition of orbitz still subject to approval by the shareholders of orbitz and other closing conditions. now, if all of that goes through, if then expedia would gain orbitz's namesake such as cheap ticket ts and hotel club. expedia already has about a dozen brands such as hotels.com and hot wire. this is expedia's second major deal. recently it announced it has plans to buy travel os ti. that was last month. back to you. >> thanks erica. >>> more than 4 million disposable plastic fire extinguishes are being called tonight. they're made by kitte. a faulty valve is can cause them to not fully discharge when you need them to. if you have one, call kiddie for a replacement. the list of models recalled is on our website, nbcwashington.com. >>> another recall for dog owners. the fda is warning about a recall of nutrisca chicken and chick pea dog food because it may be

expedia book its latest acquisition.s that growing wave of consolidation mean more for the online travel industry? we'll answer that question next. ♪ ♪ ♪ >> dealmaking takes off in the online travel industry. >> what you wrote in your note this morning is probably no one to trust the issues at all because orbits is how big? what are the implications? >> they bought a lot of the vertical plays they may well look to buy vertical plays like a tonight -- hotels tonight. they do it in a way it is usually pretty smart the rolling of assets, it is a multiyear trend. >>>> what you wrote in your note this morning is probably no one to trust the issues at all because orbits is how big? >> orbits has a pretty small share single digit share. orbits is politely put a pretty weak asset. it has been ceding market shares for years. the are too heavily dependent on the u.s. market. what is the trend that you see orbits having the unwelcomingly having to deal with? >> it's a little self-serving but this shift to mobile is a big trend in e

just a few weeks ago expedia said it is buying travelocity. >> this could give expedia more power to negotiate with airlines hotels, rental cars. that does mean better deals. >> whole foods could finally be shaking its whole paycheck reputation. the upscale supermarket has cut prices, as it tries to rework its image. whole foods says profits jumped in the last quarter after more than a year of slowing sales. >> and now way to solve the age old problem heat up food in the mike wave and realize on your third bite half of it is still cold. well former nasa engineer developed a new kind of microwave with thermal vision, use as infrared camera to watch the food as it cooks and then let you know when your entire meal is ready he's actually trying to raise some money to mass produce that microwave. brilliant. >> oh, the first bite is fantastic, then ugh. >> brilliant. >> i love it. >> just like soup, i love heat it up, my third spoonful and it is cold. not fun. >> tv dinner's, bird's eye? >> hey, new this morning, new jersey governor chris christie, we understand, is losing his popularity.

in the case of expand yet -- expedia, why wouldn't they invest in what they already have?ink there are other flavors of apps that resonate editor with consumers. we have carved out a really nice market for ourselves and we are running really fast. >> is design a business impediment for expedia? when we started we started with a clean slate. our back end front end always reimagined and invented for the mobile use case. it's very fast to book a room. because of the way hotels compete for inventory and shell space. >> is design a problem for them? >> i think their legacy business is a problem for them. ours is made especially for mobile use. the design is crisp and speaks to a mobile audience. the way hotels compete for shelf space, either debates are about 10% lower than you would find anywhere else in the world. >> is some of the numbers that are growing so fast for you guys, when you look at expedia and mobile do you see that as a problem? >> probably. usually when you have these kind of huge shift it creates opportunities for new people to come in. how well they have done

a take on yelp and expedia, more categories. 16 million users and growing. you do not know about something that you will hear about soon on "bloomberg west,.." ♪

the merger between expedia -- limit your options. we'll talk about that. stay with us. ♪

its expedia's latest.n january expedia acquired another rival travelocity. >>> for all intents and purposes an ongoing labor dispute will shut down west coast ports until tuesday. the ports were closed yesterday. terminal companies didn't call workers to unload ships. contract talks between dockworkers and contract workers hit an impasse. all but paurlizing 29 points that handle about one-quarter of the u.s. international trade. >>> president obama is creating a buzz. the president teamed up with "buzzfeed" to make a video urging people to sign up for health care. mr. obama vamps in front of a mirror sticks out his tongue uses a selfie stick, and draws a picture of the first lady. as of this morning the video had been viewed by more than 18 million times. >>> and "fifty shades of grey" opens nationwide today but it's not without controversy. the movie, based on the mega-selling novel, faces seedorf masochism and is drawing attention of domestic violence an religious groups. one campaign is asking would-be

how about expedia and trip adviser. what happened? they had takeovers? yes. in the case of expedia. it made a bid for orbitz. it will take a vicious war among expedia, orbiz and priceline and create a truce and end of real price competition. trip adviser reported a jaw droppingly fabulous quarter at a people were fearing a travel industry slowdown related to the strong dollar. but with expedia and trip adviser used by billions of people to travel faster with applications that work best on cell phones. these two companies will dominate the $400 billion travel industry which is consolidating like mad. i bet they'll bust the expedia-orbitz tie-up. you can say hey guys listen. going. >> caller: google can come in here and wreck us tomorrow. any company can claim there is plenty of competition and it works. you have a consolidated industry that is based on connectivity and data agragation. social, mobile and cloud. all the super growth themes i have preached endlessly to you as being among the most important pillars of this major run. how about another major pillar whole foods. there is

lot of double digit moves up and down, expedia, yelp, twitter.alk about gopro later on. >> all about the guidance of these companies. >> when we come back expedia another stock struggling after earnings and revenue did miss. the ceo is with us to break it down in a cnbc exclusive in a moment. gopro taking it on the chin, down over 10% thanks to a weak outlook and the resignation of its coo kara swisher with us to explain what gopro can do to turn things around. shocking revelations about russian spies on wall street. are there more of them out there? the doj sounding the alarm and will join us later on this hour. "squawk alley" continues in a minute. opinions. there's no shortage in this world. who do you trust? whose analysis is accurate? how do you make sense of it all? a simple, unbiased stock score consolidated from the opinions of independent analysts... is that too much to ask? nope. equity summary score, powered by starmine, will help you execute your ideas with speed and conviction. and it's only on fidelity.com. open an account and find

frankly we don't expect any today. >>> expedia is buying orbitz.continue to see consolidation here. expedia bought travelocity a month ago and owns hot wire and hotels.com. we were talking earlier just out of curiosity ran some of the san francisco hotels, so i ran sir francis drake through. i came up with the same rate no matter what. while we're seeing consolidation, i'm not sure you'll see a lot of changes in prices or anything. pretty much the same. >> and that's what their consumers want. >> well, it looks like they're all the same. >> point of the exercise. thank you very much, scott. >>> 6:57. one final check of the day's top stories. two san jose police officers are on paid administrative leave this morning. they shot and killed a man wh a knife who broke into a home on the outskirts ofdown. police say that man, when he was asked to drop the weapon, charged at them with a knife. >> russia and ukraine have reached a ceasefire deal starting this weekend. previous truces have fallen apart. the leaders say they will see this one through. >> the

expedia and orbitz are now travel buddies. expedia buying orbitz for about $1 billion. expedia also bought travelocity a few weeks ago. >>> and sometimes it's okay to kick your dog? wait, wait. this is a robot dog designed by boston dynamics. a company owned by google. they want people to try and knock over spot just to show how well-balanced it is. by the way don't try it at home. >> it was 100 years ago at&t lines were used to complete the first transcontinental phone call, with cables stretching from new york to san francisco. things have changed a little since then. today at&t is the second largest mobile phone provider. randall stitch seen is the president and ceo, and with the president obama signing a bill about cybersecurity, i asked him about cyberthreats. >> it is a big issue with everything we've seen from home deep to sony. it is proving to be -- the issue is real now. and it's not just something that's a little bit of a problem, it's a make problem. not just for business but national security. i think the implications are that significant. and congress has

a take on yelp and expedia, more categories. 16 million users and growing.t know about something that you will hear about soon on "bloomberg west,.." ♪ ♪ >> you are watching "bloomberg west." i am cory johnson. with a lot of innovation, one startup is gogobot which helps to book trips based on personal style digitally. with a recent investment gogobot is targeting wanderlust millennials. what is gogobot? >> gogobot makes it easy for people to find the best places to stay, eat, or play in thousands of destinations around the world, but unlike other travel sites, we connect you with advice and reviews from people who travel the way you do. say you are a family traveler, a business traveler so you always have the inside scoop wherever you go. >> so what is the big idea? what is the thing being done that you guys have got? >> say you are planning a trip to rome. there are dozens of sites where i can look at hotels or get options, but every user has their own story that they are looking for. maybe you are going on a business trip, and you need to figure out a gre

we have some breaking news from expedia. the price tag is $12 per share, a premium of about 25% as of yesterday's close. it is surging right the premarket, up by 22%. in terms of earnings, there are a couple of earning someone to mention here. trip advisor. profits missed. the stock has been down and has been up by 15% in the premarket. whole foods first quarter sales rose 10%, a sign that lower prices, that strategy is not killing margins are cisco up by 7%. the tone john chambers and the rest of management was noticeably more bullish than it had been in years. >> all right. thank you so much. going through all of the earnings we have seen so far. i want to bring in my guest host for the hour, the former is the io of moments and served as president of birth brothers and eddie bauer. you have run several companies and you know what it is like to turn around. what you ache of the earnings season so far? >> it is mixed. no real surprises. i think if you have been following what is going on, you know who is doing well and who p

the four, first up expedia. analysts are looking for at least earnings of $1.01 on shares of $3.7 billion. one key focus will be for investors to look if their recent purchase of travelocity is going to be do anything for them in the future and what it means. a big deal for expedia. >> doc, give me the read on expedia. >> it's pricing in nearly a 7% move, judge. the options pricing that in. $6 is what the straddle combination call and put and issues about the tax and whether or not they might owe up to $800 million in tax. they've only held back one tenth of that, 10% of that, as far as if they were to lose this case. so that's something that might not bes addressed tonight but investors will be watching. >> one down. linkedin, dom. >> like you said the social/business networking site expected to report earnings of 53 cents per share on sales of $617 million. as with all of these types of user-base the communities it will be about user growth metrics and what's happening with mobile growth. >> pete? >> it's abou

. >>> shares of expedia skyrocket after a deal to buy orbitz simon?one of the smallest agencies struggling against the growing market power rival giants of expedia and priceline spending billions on advertising and new technology. as the saying goes, if you can't beat them, join join them. one of the two industry expedia, agreeing to pay $12 a share in cash for orbitz for $1 $1.6 billion when you include debt. they can add orbitz brand, e-booker and hotel club. they will be much more profitable once the ceo at expedia cuts costs and gives access to the big stockpile of hotel rooms for sale. the ceo of the target orbitz is well-respected. over two years, he's managed to reinvigorate or bitz with better technology and private brand business, like ammex travel. without the market of expedia and to bid in realtime he went for a trade sale. >> people may have tried to write us off in the past but they continue ongoing growth showing through. >> what remains of travelosity for $280 million, and trivago cost over 6 00 million, and priceline deals are bigger

expedia and orbts are now travel buddies. expedia buying orbitz for about $1 billion. and also bought travelosity. >> this is a robot dog designed by boston dynamics. a company owned by google. they want people to try and knock over spot just to show how well-balanced it is. by the way don't try it at home. >> it was 100 years ago at&t lines were used to complete the first phone call, with cables stretching from new york to san francisco. things have changed a little since then. today at&t is the second largest phone supplier. and i asked president obaishish about. >> it is a big issue with everything we've seen from home deep to sony. it is proving to be -- the issue is real now. and it is not justing? a little pit of a problem. as the major problem. not just for business but national security. think the implicationings are that significant. and congress has been talking about this. and the president has been working this issue for quite some time. and we don't feel like we're much closerser a solution for addressing this than we were a couple of years ago. and the co

cheap tickets and hotel clubs, and travelocity, expedia has hotels hot wire.and gamble, countless grams. >> the packages if we want a package deal, expedia or orbits is a better place to go. >> the other ones are searching for you, big search engines search everything to find you the best deal. you want to purchase of the end up in an online travel site. stuart: i still have a travel agent. >> online they are not allowed to undercut the hotels if you can get a better deal. stuart: it was a great report. thank you very much indeed. what is your name? i will look it up. >> bigger is better. stuart: on that note, on that note. i got to introduce the man. saturday is valentine's day. america is going to spend billions chocolate, flowers and jewelry just to say i love you. joining us is father jonathan morris. >> great segway. what is with -- it used to be st. valentine's day. now it is a purely commercial enterprise. >> not only the catholic church but orthodox and anglican, of st. valentine, third century martyr, a man who respected love. stuart: christians celeb

expedia, $1.3 billion, expedia now has big control over the marketplace because with orbitz comes cheap tickets and hotel clubs and couple weeks ago also purchased travelocity. two big players in the online marketplace, expedia and priceline. the deal appears to be going through. orbitz shareholders still need sow to sign off on it. >>> and a new policy let's you designate a friend or family member on facebook to be your executor and manage your account when you're dead. all you have to do choose a legacy contact nap contact can respond to new friend requests update the cover and profile photos and archive your facebook posts and photos. until now when facebook verified a death, it memorialized the account, meaning it could be viewed but not edited. >>> a montana representative wants to make wearing yoga pants a crime. state representative david moore just introduced a bill that would tighten mont's indecent exposure law. banning any tight-fitting clothing like yoga pants. they could be sentenced five years in jail and have to pay a $5,000 fine. >>> this just in. a new plan to help the

expedia is buying orbitz for $1.3 billion after acquiring travelocity last month. the other major player is the much larger priceline group. but both expedia and priceline are being challenged by new competitors including google as well as the airlines and hotels themselves. >>> and are you still waiting? i'm sure though you've already gotten your valentine's day taken care of but for a couple of you if you're still waiting to get chocolate for someone special going to be spending a little more than last year. chocolate has become more expensive because the price of its main ingredient cocoa has soared. the main why increased demand for chocolate especially dark chocolate, your favorite sara i do believe. that demand has increased across asia and in particular china. >> because i the healthy chocolate. we went over this. >> yes. >> and wine as well is healthy. >> agree. >>> when we come back a man is buried in snow after an avalanche. the desperate race to save his life caught on camera. >>> plus getting goofy. yes, that's the president, the serious reason though f

your picks are boeing, southwest and expedia. how is expedia an industrial? >> oh, no, expeditors.tten here expedia. never mind. >> industrials were expected to be the third strongest sector right now. they dipped down a bit because you have caterpillar and 3m, large companies missing the bar again due to a stronger dollar, but then you're seeing there's no excuses. boeing is able to beat and southwest, benefitting from lower oil an and expeditors is the last company to report. not doing as well. ups and fedex looking for those next week. liz: we'll put christine's picks, including expeditors. so thank you. christine short. she has a tougher bar to clear than the street. she takes into account issues that sometimes others don't. the closing bell ringing in 40 minutes. pay cuts hitting a major bank. which one? charlie gasparino has where the paychecks are getting smaller and how employees are reacting. he won fame and fortunate in the boxing ring and now oscar de la hoya is fighting in a much bigger ring, tv. we'll have him here live. ♪ ♪ tbut at t. rowe price,et is never clear. we

just a few weeks ago expedia said it was buying travelocity.lysts say that this could give expedia more power to negotiate with airlines, hotels and rental car agencies and that could mean better customer deals. millions of costco shoppers will soon be putting away the american express card. an exclusive deal between amex and costco expires in march of 2016. so far they have not agreed on terms to renew. american express the stock has tumbled on news of this because costco cards account for roughly one in 10 amex cards that are now in circulation. frank and michelle? >> jill, i guess valentine's day is tomorrow and, of course, all the sweethearts going to love that and some companies are kind of cashing in, too. but in a different way. tell us about that. >> reporter: yeah. apparently there are many heartbroken and perhaps bitter people out there who are not necessarily looking for love on valentine's day. so there's one website cuddle up to me and that offers professional snuggle sessions for a dollar a minute. dirty rotten flowers lets you se

expedia already owns hotwire and hotels.com., they still have to approve that deal. >>> to a very emotional, yet inspiring story out of portland oregon. the family of a girl dying from cancer fulfilled her wish by donating half of her savings to the organization that helped her in her battle. before ella died two years ago, she wrote a will, donating half of her life savings to the children's cancer association. it was $296.55. westerfield's parent say that the organization helped ella during her two- after-a-half year fight against cancer, and donating money is a great way to help an organization doing really important work. >>> all right. our time is 5:56. still ahead, a deadly shooting in san jose. why officers say they opened fire and the question a friend of the suspect is asking this. >> plus thousands of bart riders possibly exposed to measles. . >> we are taking it to the. we're in the city looking at 101 northbound approaching the split. looks good. getting to the city from the bay bridge, that's another story. more abo

this move comes just a few weeks after expedia bought travelocity for $280 million.c reports in today. the labor department reports that first time unemployment claims surged higher by 25,000 to 304,000 although the four- week average is down a little bit just under 290,000. claims still averaging a little below 300,000 which is a good sign. sort a worrisome note. retail sales in january down .8%. a big reason was the drop in gas prices. gas sales down over 9% although we did see a decline in auto sales. still that decline came after a nearly 1% drop in retail sales in december. not seeing a whole lot of those gas savings being passed on to retailers at the moment. two big earnings reports in the bay area, one a winner cisco shares up 9% in the early going. tesla failed to meet delivery goals losses more than $100 million in the 4th quarter its shares down 8%. take a look at the big board see how we're doing in the early stages of the session. the dow is up by about 44 points. nasdaq up 26. s&p up by 8 points. michelle and frank, back to you. >> thank you, kcbs radio

this after expedia said it will buy smaller rival orbitz worldwide for $12 a share in cash.s the deal at $1.3 billion, close to $1.6 billion if you include the debt they will take on weeks after expedia bought another on-line travel company travelocity. you look at trip adviser which is soaring today, also, though, because it reported better than expected sales. the 800 pound for gorilla in the industry priceline.com which is up again today. keeping an eye on home away which does on-line vacation home rentals. a lot of consolidation setting up a showdown where it will be a battle between priceline and expedia in on-line travel. back to you. >> thanks so much. >> you got to be sick about this. >> yeah. it sucks. >> the timing sucks. >> i got out of it after they missed earnings but broke my rule and, you know, when you invest real dollars you focus on process and hope that outcomes will work out the way they should. they tonight always. >> people know i'm talking about you had it in your portfolio, you sold out of it last friday. >> i have to. >> and then you got the pop. >>

just last month, expedia. travelocity. that's a look at the top stories we are following this hour..s. government has pledged to reduce the case of -- cases of measles in the country to 30 or fewer in next five-year's years compared to 600 last year. the director of the national institute of allergy and infectious diseases one of the 26 institutes of the national institutes join me -- joins me from bethesda, maryland. thank you for your time. is the measles making a comeback in the united states just 15 years after was declared eradicated or is what we are witnessing a medical anomaly? >> i hope it is going to turn out to be just an anomaly, but there is a reason for the synonymy -- this anomaly and that is the growing number of parents who for one reason or another did not have their children vaccinated against measles. it was a bad year last year and as you mentioned with 23 outbreaks and over 600 cases and this year, we had close to 150 cases. we have a situation where we've got to turn around and get the rational reasoning for why the risk-benefit of getting your child vaccinate

hotel and air fares a move after expedia bought travelocredit all trades in the green is far despite retail sales. we are nonnot taking our money we are saving at at the bass stump and going shopping but are pay-as-you-go down debt. >> now, the i.r.s. fraud desection systemsor outdated. >> whole food oned nine new stores and though do see room to open 1200 more stores in the united states in the coming years. the best day to by a plane ticket is 47 days before the flight according for cheap air look at five million trips in 15,000 cities and the company found when you buy the ticket make as huge difference and ticket prices change an average of 70's times over 11 months. san francisco has the best tippers in the nation with bartenders and wait staff earning $15.50 an hour in tips and locally service workers made half the income from tips. >>> valentine's day is around the corner and if you are looking for love, this could help. >> a survey revealed the top ways love birds meet. the number one answer is...being introduced by friends. 24 percent of couples say that is how they met. 15

expedia says two reasons they came under pressure. the stock down 11.5% today. number one currency, the strong dollar was one of the reasons and the other, strong competition from china. the dow was within 50 points of dow 18,000. david: have a good weekend. >> you, too. cheryl: the economy added 257,000 jobs as workers wages picked up and job gains were revised higher, capping the biggest three month gain in 17 years. david: have we finally turned a corner? with us is ed lazear, former chairman of the president's council of economic advisers and headed a tax reform committee in 2000. ed, when you look at numbers and they beat expectations, are you surprised we're growing more jobs despite all these new regulations? i would call them job-killing regulations we have. >> well, we are growing, and i think that's a good sign. the fact that there are regulations, they seem to affect specific industries, and i'll talk about that in a minute. the overall picture i think is a positive one. it's big improvement from where we were a couple of years ago, as you know, this

expedia is buying orb ts. we continue to see consolidation here. they bought travelocity about a month ago and owns hotwire and hotels.com. just out of curiosity, i ran through a couple travel sites, including expedia and orbits came up with the same rate no matter. all of these companies are combining and we're seeing less competition, but they're all kind of churning out the same prices anyway. >> you know i thought i noticed that, too. >> yeah. >> the powerball numbers are out, and your lottery hopes and dreams may be dashed. three lucky tickets have matched the numbers on the largest jackpot in powerball history. we're shown where. >> the lines were long and excitement high leading up to last night's drawing. at stake the third largest jackpot ever. more than $564 million. >> for your winning powerball number? 19. >> three tickets, three winning tickets. matched those numbers. one sold in north carolina another in puerto rico. the first winning ticket ever purchased outside the continental u.s. the third came from this food mark in texas. the o

and in fact because together they will continue to grow and expedia will see revenue margins actuallyo much growth potential in the industry from the emerging market to try to book other things online like restaurants and tours and attractions. he thinks consolidation of the industry could continue. melissa: thank you so much. check out crude oil settling $2.37, almost 5% 4.85% 5121, big move in crude oil today and keeping an eye on that. the boys are back in just a few months, the hit show entourage making its big debut. one of the stars is kick starting a campaign. adrian grenier joins us now. it's called the lonely whale. i saw you running with a t-shirt on that says why is he so lonely? >> the scientists are trying to figure it out, we are doing a kick starter campaign to fund a scientific quest an expedition to try to figure out why whales are changing their calls. melissa: this is a particular whale who speaks at a different frequency so he cannot committee with others and ends up wondering by himself. >> have you ever felt misunderstood? >> yes i have. >> you feel like an outsi

this expedia industry narrows down the travel agency down to two or three.saw it with the airlines. there was a time i would never invest into an airline outside of a day trade. now that they're down to four, they make money easily. is there something worrisome with the respect of lack of competition? >> the dirty little secret in wall street is that we all like capitalism and competition in theory. but if you're an executive with a lot of money and you see an opportunity or a weakness in your opponent, you're going to go after them. and that's what's happening. charles: all right. and we like it when it's easy. right? if you don't have to go through 20 airlines, only four, it's not too hard to make money. >> the airlines became fedex. they're carting people instead of packages. charles: now they have pricing power they didn't have before. >> that's my point. because people are packages. charles: let's talk about it. let's go to the next real, real deal. let's talk about the next beaten down stock that roars back with mergers. i'll start with mine. ibm sitti

expedia is buying its rival orbitz. this gives expedia access to the brand as well as other brands like cheap tickets and hotel club. the portfolio already includes hotels.com and hot wire. some new developments in plans to close a big part of interstate 395 in the district. the bottom line here it's not going to happen. crews are from d street in northeast, they are starting to put equipment in place. full project to create three new city blocks with 2.2 million square feet of mixed use development will hit full stride coming up this summer. all right. let's get a check on how our traffic is shaping up today with bob emler in the wtop traffic center. hi, bob. >> hi there, alison. on 66 traveling westbound just volume delays headed out. sunshine not much of a factor anymore now that the sun has set. still plenty of volume out towards centreville. inner loop out of tysons heaviest from 123 headed to 270 and eastbound 66 into falls church does bog down a bit as well. route 1 to the occoquan and headed south from quantico