scarlet: expedia flying high these days.nd big hotel chains, investing in their own technology, is expedia do for a hard landing? head over to the markets desk where ramy inocencio has the latest. ramy we are crawling along at session lows over the past few: hours. the dow is down the most by about three quarters of a percent. -- thedaq is the biggest least of the laggards, down about a third of a percent. the what a difference one day makes. yesterday, we were talking about the biggest jump in the market. the markets are now taking a u-turn. global concerns being one. let's take a look at the imap function. i want to show you basically what has been happening over the course of the day. right now, energy is the biggest weight, up by a third of a percent after we got a surprise fall in your supplies for oil, down by about 3.4 million barrels. the biggest weight is on the bottom. consumer discretionary down by 6%.most, down by retailers falling on earnings. that includes macy's, michael cores and even high-end stuff like tiff

that was the first one that went in but expedia came in and undercut them essentially.w it and i went to steve balmer at microsoft and say you guys don't want this thing. it's public because the guy who is ran it convinced you you should have your own currency, it's a waste of time, i'll buy your position and he said yes and we did it literally closed the deal and on september 11th, the world changed. travel ceased to exist for that next few weeks. we could not go forward with the deal because we had a material adverse change thing and we sat and said should we do it? and somebody said if there's life there's travel and it's true. and we bought it. >> what does airbnb do to you? maybe it will take on the hotel history as well? >> airbnb and home away are going to take pieces out of standard vertical motel business, right? but they're not going to take it all away. people are going to still -- hotels provide what we know of as hotel, a building with 20 floors and 200 rooms or 40 floors and 500 rooms and whatever it is and all the services that go into that. that's appeal

. >> do you use expedia?think we use expedia. >> i got to tell you southwest, when i had gary kelly -- they've come into houston with guns blazing. i'm saying they're under, under, under. there's too much capacity. >> i thought there was no competition anymore because the doj let them all get together? >> well, they all got more planes and they're all going at it. there are some bargains, again, in air fares. that's how you're getting these poor numbers. >> just a matter of time before we start hearing them complain about oil that's doubled since february. >> that's another reason why the numbers have to be cut. the numbers are too high, so the stocks are not as cheap as they look. i think the rail numbers are too high. we have not had a seasonal uptick -- remember because i was trying in my thesis banks are good and i really like tech. but i cannot come up with a thesis there was a great piece yesterday about united parcel, and they're still going to get amazon business, but that's coming down. same with fed

'seaking of facebook, expedia ceo expects the social network to follow google into the world of onlinebooking. it is just a matter of time before facebook directs users to button.cations to a buy google now lets you book through its search engine, posing a threat to expedia and competitors like priceline. coming up, he go founded -- phenomenonn gaming twitch and he is now taking pictures onset -- taking pitches on snapchat. ♪ emily: days may be numbered for the elevator pitch as entrepreneurs start polishing up their snapchat pitch. i caught up with the y common in her who came up with the idea to find out more -- the y combin ator who came up with the idea. just in: all these people were asking for advice. they were asking how they get started, they were sending me pictures, and it is this massive community of young people on snapchat. we figured we would go where they were and kind of hold competitions to see if we could source some good companies. emily: how does it work? antin: we open up application process for companies to apply to do a takeover. emily: vc's are increasingly usin

expedia's ceo is one of the highest paid.ost of the package came from stock options that expedia gave him. jc penney's shares could double over the next three years. they have made major progress in the last three months but still remain pretty much under the radar, trading under $10 a share, well off the high of $43 hit in 2012. >>> a perennial event didn't disappoint. we are joined with more of the highlights. >> good morning to you. warren buffett and charlie monger sitting down. they discussed what is the woodstock of capitalism. take a listen. >> there's been far, far, far more money made by wall, by people in wall street through salesmanship abilities than through investment abilities. >> he points out a vanguard fund that tracks. he also slammed a pharmaceutical saying it is enormously flawed and turned out to be a sewer and those who treated it got what they deserved. and how does he feel about the 2016 political race? he says he would be okay with either hillary clinton or donald trump saying one of them is very like

speaking of facebook, expedia's ceo expects the social network to follow google into the world of onlineing. it is just a matter of time -- in an interview, the ceo said it is just a matter of time before facebook directs users to book vacations to a buy button. the way it is already emphasizing other e-commerce transactions on the site. google now lets you book through its search engine, posing a threat to expedia and competitors like priceline. coming up, he cofounded the e gaming phenomenon twitch and he is now taking pictures onset -- taking pitches on snapchat. we will discuss, next. ♪ emily: days may be numbered for the elevator pitch as entrepreneurs start polishing up their snapchat pitch. i caught up with the y combinator who came up with the department became up with the idea, 32-year-old justin cahn to find out more. >> all these people were asking for advice. >> entrepreneurs were pitching you on snapchat, basically. >> they were asking how they get started, they were sending me just -- pitches. and it is this massive community of young people on snapchat. we figured we would

the ceo of expedia giving us a chance to talk to the billionaire businessman about his merger of the good friend of jeffrey katzenberg and he talks about the sale of comcast to dreamworks. >> it is necessary and a little sad, and not overwhelmingly. >> and why is that sad? >> well, look, the dreamworks started when it is the whole thing which is movies, television, animation, and several other thing, and as an altertive -- alternative to the closed studio system. it was a studio with big dream, and for life reasons, god knows you could not have gotten three smarter people together, but for life reasons, interest reasons, changing times reasons, that dream of building that into an independent major company essentially didn't work out. it didn't work out, because little rally the members of that consortium all had their interests were not -- they were not as interested as time went in the same things. so it is a little sad, but by the way, how can you be sad? steven spielberg is making great movies, and seems happy, and david geffin wakes up happy with a ton of money to give away, and

expedia.o what matters. you wouldn't take medicine without checking the side effects. hey honey. huh. the good news is my hypertension is gone. so why would you invest without checking brokercheck? check your broker with brokercheck. and still haveealthy, gum disease. use gum® brand for healthy gums. soft-picks®. proxabrush® cleaners. flossers and dental floss. gum® brand. >>> certainly aspects of the disappearance have led them in that direction. but i would say that also important in these considerations is the troubled politics of the country whose name was painted across the fuselage, egypt. just in the past year, egyptian aviation has had a hijacking, a foiled bomb plot, and a passenger jet carrying more than 200 people explode over its territory. to help us understand what is going on in egypt, i wanted to bring in robert worth, whose new book i raved about recently on the show. it is called "a rage for order." robert, welcome. >> thank you. >> so when we look at egypt, on the surface it

expedia.ou to what matters. ...that could stand up to weather like this... ...or this... ...or even this? if a stain can survive any amount of torture... ...is it still stain? arborcoat from benjamin moore. >>> now for our "what in the world" segment. >> we can't continue to allow china to rape our country. >> corporate america will start investing in this country not just in china. >> we've heard donald trump and bernie sanders rant on and on about china, and according to one group of renowned economists, china is actually to blame for a big problem in america, but perhaps not quite what the two candidates are talking about. a new study puts the blame on china for something surprising. the rising extremism in american politics. what in the world? a new study co-authored by m.i.t. economist david order finds that between 2002 and 2010 congressional districts that were negatively impacted by trade in china were more likely to elect representatives who were more ideologically extreme in other wo

. >> how is it different from expedia? four different legs of flights and put me on all different things and can be cheap compared to booking alone. how are you different? >> so you are booking four different sections? >> yeah. but i pay altogether. i can do four legs of a flight going all over the place and it will come up with a -- so it is combining things like ryan air and so on. so how do you differ or don't you? >> we do. so expedia only combines the flight of the carriers which means the airlines cooperate with each other. kiwi.com will combine any airline with any other airline. so that's what we do. and they are different. of course, you can book separate flights by yourself, you can get on the website and make one booking. but you are covered in case something bad happens. for example, if the first ryan air flight gets delayed and you miss your connection, you will get your money back. you don't want to get stuck in the airport. kiwi.com covers all the things that can arrive from combining a flight. so, for examp

. >> expedia, think it's on its way. >> wow. we'll be traveling here. scott?look in the wallet, cash is 2015, visa, charge it up. >> visa. interesting. >> everywhere you want to be. i think. >> i hope my wife's not watching. >> and here. >> we continue now with david asman on thee place for business, fox. everything else is just -- >>>. >>> after big wins this week ahead of indiana's primary, next week the donald and hillary clinton saying they are the party's nominee. not one big republican donor would say which party would fight big government the best. listen. >> as far as the growth of government, increase in spending on restrictive regulations, it was two and a half times under bush that it was under clinton. >> it it possible another clinton could be better than another republican. >> it's possible. >> next time around. >> it's possible. >> wow. hi, everybody, i'm david

reporter: now, there is a third party option called trip lock that you can use on sites like orbitz, expedia, third party booking sites and they say they notify you if the price goes down. it's important to remember that the airlines are required to hold a quoted fare for 24 hours if you make a reservation and you also are allowed to cancel within 24 hours for a full refund so there's two days right there. at sfo, julie watts, kpix 5. >>> a new warning from tesla about its autopilot technology. after someone posted video of a driver asleep behind the wheel, take a look at this, a person in another car recorded this video that appears to show a tesla driver asleep in a slow- moving traffic. the company says autopilot technology is designed to give drivers confidence behind the wheel. tesla is using the video as a, quote, what not to do reminding drivers to remain alert and responsible. >>> deep pockets and deep desire for revenge, possibly a sillicon valley billionaire accused of secretly funding hulk hogan's lawsuit against the gossip block gawker. kpix 5 anger michelle griego explains why p

we also have priceline and expedia up.s, we of any real have a lot of internet names rallying with amazon hitting a record high earlier. we see the stock is range bound. this is something fundamentally specific. betty: thank you, abigail doolittle the nasdaq. taylor has more from the newsroom. finance have come up with their most detailed transport greek debt release. they're trying to get the imf to take part in the rescue. it calls for extra austerity measures of the country mrs. budget projections. greece is said that is impossible. the british trade deficit has not been this large since 2008. it widened to $19 billion in the first order. of aneinforce the picture economy driven by domestic consumption. the pound has fallen 6% this year. that should lead to exports in the coming months. to germanybassador has joined the chorus of americans calling for the u.k. to stay in the european union. fromoke to caroline hyde berlin. >> we don't know really what the impact would be. the unwindingwhat of the u.k. from the eu would

pay check that went to expedia's dara khosrowshahi, who made $95 million. there were only 15 women in the top 200, and the highest paid was oracle's co-c.e.o., safra catz, who ranked fifth overall. this wednesday join the newshour's gwen ifill for an interview with president obama followed by a town hall meeting where he will take questions on a variety of topics. "questions for president obama: a pbs newshour special" wednesday at 8:00 p.m. on your pbs station. >> reporter: the terrorist attacks by isis in paris and brussels underscored the threat of so-called "foreign fighters," men who join the fight with isis and bring their violent training home. to address the problem, this month france launched a plan to open de-radicalization centers in every region of the country. the netherlands is also trying to thwart radicalization and help parents prevent their children's descent into violent islamic extremism. the newshour's hari sreenivasan reports in tonight's signature segment. >> sreenivasan: mohammed nidalha hasn't seen his son reda in more than two year

expedia. technology that connects you to the people and places that matter. but not just walk.alk.ow your heart rate. when you're doing this steady... this. and a little bit of this. which means you should probably wear this. beat yesterday with vivosmart hr from garmin. raise yyou know,if you've got "save $500 bucks over here." "no, save $300 bucks over here." well, esurance was born online, and built to save. that's auto and home insurance for the modern world. esurance, an allstate company. ♪ >> anthony: my rented villa is pleasant enough, but to be perfectly honest, lonely. is it worse to be someplace awful when you're by yourself or someplace really nice that you can't share with anyone? [ waves crashing ] [ waves crashing ] ♪ >> woman: hello. >> anthony: how you doing? >> crowd: yamas. >> woman 1: and it is very typical greek sunset, the famous greek sunset. >> woman 2: it's the boat, the boat. >> woman 1: the island, the cyclades, the boat. >> crowd: wow! >> anthony: yeah, looks good. >> woman 1: looks very good. >> anthony: oh man, that is really good. >> woman 1: the good

airasia and expedia have had joint offers. we are not putting in management -- now putting in management. we have done our first lease to pia. we have many offers because our aircraft are well-maintained. airasia started the leasing company in 2014 and intends to sell it at some point. fernandez would not give more details. rishaad: we will be joined in the studio by some of hong kong's brightest young brains hoping to become the business leaders of tomorrow. we will be discussing this week's opec meeting. this is bloomberg. ♪ an update on what is going on with crude on the way u p and the all-important opec meeting taking place in vienna. let's bring in wayne gordon, director of commodities at ubs. there was so much hope going into the meeting, and nothing came out of it. theas quite rancorous by end. expectations for a production freeze have been patted down, haven't they? >> we do not think, from this meeting will come much result. wells ins whether the the u.s. will start to be explored and produce. we are likely to see a

vonnie: some of the movers lower, momentum stocks like expedia are down.the worst performer in the nasdaq is missing by the march order, well below. a deepn states this as valley situation as netapp moves towards businesses such as flash. vonnie: thank you. checking in on the bloomberg first word news, taylor riggs has more. electricalfrance, workers have joined strikes at oil refineries, cutting power output. eight france refineries have walked out, leading to shortages. they are protesting president how long's labor reforms. businesses are warning economic damage if the strikes continue. european union is escalating a spat with turkey. john claude unger says turkey must stop its anti-terror laws if it wants piece of free travel in europe for turks. he said he would scrap a landmark refugee deal if the eu does not loosen travel requirements. germany is running into a problem trying to expand the military presence in global trouble spots. they need airplanes to send troops around the world. there have been long delivery delays with the new airbus transport

expedia. technology connecting you to what matters. try cool mint zantac.need fast heartburn relief? it releases a cooling sensation in your mouth and throat. zantac works in as little as 30 minutes. nexium can take 24 hours. try cool mint zantac. no pill relieves heartburn faster. gomery and abigail higgins had... ...a tree that bore the most rare and magical fruit. which provided for their every financial need. and then, in one blinding blink of an eye, their tree had given its last. but with their raymond james financial advisor, they had prepared for even the unthinkable. and they danced. see what a raymond james advisor can do for you. >> those fears coming in the middle of a mess at airports across the country. the tsa doesn't have enough workers. we are asking the question this morning is it safe to fly? >> patricia stark has the answer for us. she is here with the latest. >> part of the concern comes from the fact that the paris airport is a major hub for those heading to the united states. they have been operating in heightened alert since last oct

. >> caller: my question is about expedia. you recommended it. i think it is a great stock. it popped one the earnings that came out. over the last three, four months, it's been sfwag 105, 115. a buyout, to 180. >> i like that. i would have stikd with it. i think the business looked a lot like air b & b which is a fabulous business and i think is doing fabulous. whoever said cash is king must have missed usa today. the market is making its judgment. i think it is nonsense. right now, it is a reality you have to invest in. i'm going to give you five companies bucking the bear. then biotech has to stay healthy but unsexy place. i'll reveal the stocks in vogue. and mcdonald's has been eating up pepsi. should you be concerned? i'll let you know. you can judge. stay with cramer. >>> when someone who isn't all that fond of the market come up with five names in the s&p that he actually likes, you have to sit up and take notice. that's why when the cracker jack technician, my colleague, produced five stocks with fabulous charts. five stocks he likes. i would investigate. what drives

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a softer sees such travel susan or demand for the second quarter than expedia.line did say that the second quarter is not indicative of long-term growth, but on today's plunge, shares our bearish lay back below the moving average with shares of priceline caught in a long-term trading range of uncertainty. mark: abigail doolittle live at the nasdaq. betty: slower economic growth is projected for the downside and that means now is the time to move into safer assets. as you get risky, load up on protection. we are with janice capitals -- .anus capital myron scholes myron: i was a little worried for a while about what we believe the smart money was saying, but what it was really saying was that the possibilities of inflation are much greater these days than previously. basically, the economic growth is going to be down. notcally, being in bonds is going to be helping you as much as in the past. in the past, we have always had bonds negatively correlated with equity. today, it seems that correlation is more volatile. >> so your model suggests something of stagnation?

expedia. technology connecting you to what matters. ♪ >> welcome back to "fox & friends first".imes square is there this morning from new york city. we are going to take you out to tampa, florida where there was panic on the tarmac when a plane erupted into flames. this happening just minutes before takeoff. the plane coming to a screeching halt as passengers watched fire trucks raced to the scene. wtvt reporter shows us how the terrifying moments played out. >> oh my god, we are going to die. >> 131 passengers and 6 crew wondered what went wrong. >> just on the final -- >> i always hold my cross before takeoff. i was missing my cross the plane was going down. >> we were quiet listening to the announcements that were on the plane. they were updating us about every few minutes. >> they were vak whiteed by section down a flight of stairs driven to the runway. >> it was only our second time flying. it was bumpy and it was loud. >> it was something that happened very quick. appreciate the actions of the airport so quickly. >> what if anything could have been done to prevent it? as t

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trip advisor and expedia. some airlines are taking a hit right now.s down right now roughly 4%. delta is down almost 1%. we will have more cavuto coast-to-coast in just a minute. ♪ been prepared to get mad. a new report showing just how crushing our regulation nation are to each and every one of us. costing every single household $15,000 a year. who is to blame? unelected bureaucrats, of course. shannon brain joins us now. a first look at this report. >> the authors from the libertarian enterprises. if you do not like paying taxes, you should be more worried about federal regulation. that is because they estimate the cost of federal regulations. more than all the corporate and individual taxes the irs is said to collect. the total estimated cost of those regulatory burdens, $1.88 trillion. when you break that down into real-world cost to everything, the food you eat to the gas in your vehicle, it comes to you, as you said, $50,000 per u.s. household. >> you have these unelected bureaucrats in agencies that are doing most of the lawmaking in america. i

. >>> third party option like expedia, orbit and they will notify you or they say we will -- they will the price shops. what airlines must pull the reservation of the quoted there for 24 hours and let you cancel the flight within 24 hours for a full refund so there are two free days. >>> families are paying more to sit together went flying and many say it's not fair. drawing number of airlines are now challenging -- charging fees to xerxes and events which you need to do if you want to sit next to a traveling companion or your kids. on some carriers look -- booking seats in the same row can be a few extra dollars for lawmakers try to get rid of a so-called family fee. he's introduced a measure that requires airlines to sit you next your child. the airline industry is pushing back. >>> switching gears, ransomware attacks are quickly becoming a favorite scam of cyber criminals. highly profitable multimillion dollar operation targets everyone from congress to businesses to everyday consumers like us. joining us today is lori wilson, ceo, president of bbb oakland. becky for waking up early

expedia. technology connecting you to what matters. s is>> the battle for indiana changing the race for the white house. i am jackie ibanez. >> good morning. i am abby huntsman. ted cruz finally admits defeat and throws in the towel. >> bernie sanders wins indiana slowing hillary clinton's march to the democratic nomination. >> from the beginning i said that i would turn on as long as there was a viable path to vic ti victory. tonight i am sorry to say that path has been foreclosed. we are suspending our campaign. >> ted cruz. i don't know if he likes me or doesn't like me, but he is one hell of a competitor. we will make america great again. we will start winning again p. you will be so proud of this country very, very soon. >> we need to make sure someone like donald trump does not become president. >> just 190 shy of the nomination. >> sanders is 1,400 delegates and clinton 2,202. we have tocfox team coverage wi what is trending for the indiana primary. bring in kristin fisher with the latest on cruz winning the race. good morning.

expedia.ted out, the surface pro is very intuitive. i can draw lightly, just like i would with a real pencil. i've been a forensic artist for over 30 years. i do the composite sketches which are the bad guy sketches. you need good resolution, powerful processor because the computer has to start thinking as fast as my brain does. i do this because i want my artwork to help people. that just tastes better. with more vitamins. and 25% less saturated fat. only eggland's best. better taste. better nutrition. better eggs. ♪ ♪ >> anthony: tbilisi is one thing -- an increasingly modern city. smart cafes, boutique hotels, shops, galleries, the inevitable spoor of hipsters. but, outside the city, it's not so different than it always was. agrarian, traditional, things done the way they've always been done. they way it's believed it's always been done, until you reach the bizarro world along the border. ♪ only 90 kilometers northwest of tbilisi in villages like one, khurvaleti, where tiny georgia's predic

expedia. technology connecting you to what matters. (p...that, you haveit, wait!nse it first like... that's baked- on alfredo. baked-on? it's never gonna work. dish issues? cascade platinum... powers... through... your toughest stuck-on food. so let your dishwasher be the dishwasher. see? told you it would work. cascade. jon: more "happening now" in an hour, "outnumbered" starts now. harris: fox news alert, what brought down egypt air flight 804? was it terrorism or manager else? search and rescue clues including the u.s. navy now are looking for any sign of the jet that vanished off radar over the mediterranean sea as it was just entering egyptian air space. this is "outnumber," i'm harris faulkner. here today, sandra smith, julie roginsky, megan mccain and co-host of "fox & friends" weekend, tucker carlson is here. a lot to get to, we'll get straight to it. glad you're here today. here's what we know. egypt air flight 804 left paris

expedia. technology connecting you to what matters. >>> president obama became the first sitting president to visit hiroshima today. i guess he couldn't fit pearl harbor into his schedule. roll it, carl. >> among those nation like my own who hold nuclear stockpiles we must have the courage to escape the logic of fear. and pursue a world without them. >> nations like my own. it's always, always about us. as to dropping the bomb he said -- >> the scientific revolution that led to the splitting of an atom, requires a moral revolution as well. that is why we come to this place. >> the implication the bombing was immoral, unjustified even though it saved millions much americans and japan's lives. we expected him to express the obvious, mass death is bad, we get it. but not connecting the one dot that two bombs prevents ad longer more horrible end is petulant but predictable. a new cbs poll has americans split over the bombing. the disapprovers should consider the hundreds of thousands of purple hea

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expedia.echnology connecting you to what matters. >>> forget about the long lines at the airports, and the higher gas prices at pump. the victoria's secret catalog is gone. >>> donald trump surrounded by fans. a few supporters and protesters. he urged guards to remove. they did. there's no denying the crowds he generates or the unusual support from the wide variety of people he's getting. remember the guy ronald reagan took to the wood shed for questioning his policies? >> he's worried about the debt he had then and approaching now. he thinks we need someone like the great disrupter. >> we have been going down the same path now, and what has it led to. a federal reserve that's out of control. they have had the interest rate at zero for 90 straight months. >> the fact that they might start raising the the first hike since december, you welcome that? >> i welcome that, but it's a pinpri pinprick. have you to recognize that the interest rate is the mother's milk of speculation when it's at disapp

expedia. technology that connects you to the people and places that matter. that can camp out in between our teeth, if we'll let it. use gum® brand. soft-picks®. proxabrush® cleaners. flossers and dental floss. gum® brand. >>> the presidential race now. donald trump took center stage in the nation's capital on sunday speaking at the annual rolling thunder event to honor the fallen. trump has been courting the veteran's vote but one issue is dogging him lately. the status of money he said he raised for veterans charity. cnn political reporter sarah murray joining me now live. just remind our viewers if you can where that 6 million came from for veterans and when we will know exactly where it's going. >> reporter: sure, jim. you remember that donald trump skipped the fox news debate saying he was going to hold his own event and do it to raise money for the veterans and since then, been kind of a little bit complaining about it only gotten bad press from it and that's because his campaign has str

expedia. technology connecting you to what matters. that can camp out in between our teeth, if we'll let it. use gum® brand. soft-picks®. proxabrush® cleaners. flossers and dental floss. gum® brand. >>> donald trump is on the campaign trail right now in california. this one day after securing the republican presidential nomination. you're looking at live pictures from fresno, california. trump expected to speak any minute. we'll have part of that speech for you. we'll dip in to his speech once it gets under way. stand by for that. hillary clinton meanwhile in full damage control mode following a highly critical report of her use of a private e-mail server. flatly rejects what hillary clinton claims throughout the season that the state department allowed her to use the private server. she went on sort of a little media blitz thursday evening. i specifically asked the former secretary why she failed to ask for formal authorization from the state department. here's what she told me. >> well, i th

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expedia ceo total pay of $94.6 million at the top of the list.xpedia stock the best performer of the firms run by the highest paid executives. cbs's total stock return fell 14% last year, ceo les moonves had a 4% pay hike. 42% stock fell and oracle's co-ceo rounding out the top five. media firm taking six of the top spots, only two had positive stock returns last year. ceos also continue to make multiples of the average worker while government data saw slight increase in wages last year to over $36,800, the average ceo of these 200 firms made 524 times more than that. one last note, if you compare apples to apples, meaning if we keep the group of ceos constant, the top paid ceos in 2015 got a raise with median increase of 5% while the median stock return was up 3%. carl, back to you. >> amazing numbers, mary, thank you very much. getting some word from carl icahn he's got a new name. >> apparently. according to reuters not sure where this is coming from, everybody, but there are a number of headlines saying carl icahn has required a large positio

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first place, so much of that decision to speed is based on those attitudes and how they think about expedia which is why media and education is so important to this effort. is first aspect of the campaign that i'll talk about is the enhanced enforcement and a piece of the enhanced enforcement is high visibility enforcement, that's essentially enforcement that is visible, frequent and proactive and it is achieved by having lots of police officers at the same time on a predictable basis and also through publicity elements, whether that's a press conference, billboards or radio ads and the visibility things like a sobriety check point, so the visibility sign, so for this campaign, we're going to have 132 extra hours of week of enforcement, 60 of these hours are going to be this high advise nlt enforcement, we're going to have 12 police officers doing enforcement encore doors, i'll go over those corridors in just a minute. we'll be iteming this enforcement with edge kaix, with media, with press conferences to get that strong message out that speeding is not acceptable in san francisco. in addit

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--e, expedia, home depot this is not being reflected in personal stocks nor is it being reflected ineven as we got the case schiller home price index continuing to show relative strength. the homebuilders are not showing as much weakness but still weaker today. scarlet: the nasdaq is holding on to gain so clearly, there are bright spots? julie: amazon is one of the bright spots helping the nasdaq. the shares are trading at a record on a closing basis today, up 1.73%. it has been on a winning streak so that is continuing. the other winner would be oil. prices continued to go higher, up about 1% at one point going above $50 per barrel. there have been supply constraints and that has helped boost oil prices even if it's not helping energy shares for the stock market. the correlation recently seems to have broken down. scarlet: as we wait for the that it may be after they do nothing they will come right back. we want to check in on first word news. aylor: an angry and irritated donald trump outlined the charities that will receive millions of dollars from a fundraiser to help veterans. >

companies like expedia,. visor and rice line are taking hits as well -- trip advisor and priceline.ines on that crash. the egyptair crash they were telling you about. egyptair says it found floating materials. likely it is the wreckage from that flight. egyptair is working with greek authorities to identify the materials. this as egypt and france try to figure out what caused the jet to disappear over the mediterranean. the airbus a320 was on a flight from paris around 30 minutes from touching down in cairo when it vanished from radar screens. 66 passengers and crew were on board. salvage crews has spotted debris that may have come from the plane. officials say they cannot rule out terrorism. bloomberg news reporter caroline is in paris. she joins us with more. what are we hearing from authorities? caroline: the message at the moment from the french authorities is similar to the message you hear from the egyptian authorities. no scenario can be ruled out. it could be a catastrophe, technical failure, taken be terrorism. placed at the airport before it took off around 11:00 p.m. fren

. >> the travel website expedia paid the ceo over $90 million in stock options putting him at the topcbs's stock fell as moonves got a 4% pay hooik. your coal rounded out pulling over $53 million. they polled a grook of ceos with over a billion in revenue. on average the pay of these ceos, 15% lower than the 200 highest paid ceos in 2014. the average paycheck for the group last year, $19.3 million, down. median pay fell over 5%. behind the decline, a flat stockmarket and fewer big paydays. the number of executives paid more than $40 million dropped to eight in 2015. the average made 525 times more. back you do. >> that's the number you were mentioning the other day. >> a lot of activist investors taking them to taf forecast that kind of ratio right now. wouldn't you nknow less moonvez and philippe dauman. >> two of the companies, disney andirius satellite radio. even though it is 529 times or the ceo is paid 529 times more, they actually received a slight increase this year from 2014 for the average worker, although it was slight, 2%. >> everyone wants to be a media company. wasn't or