where expedia is seeing a dip in flight costs.ou can explore the gorgeous beaches on the sandy side of the island or take an off-road detour to the volcanic side of aruba. while miami suffered during hurricane irma, the city is open for this holiday season. over black friday and cyber monday you'll see up to 75% off select hotels from expedia.com in this hot spot. a the south beach strip. but there are plenty of other neighborhoods to explore, including the art scene and the nightlife. if you prefer to escape the cold in mexico, consider traveling to cancun. if you book your flight and hotel at the same time into a vacati vacation package, you can get up to $900 off. there are so many adventures to have once you touchdown. a must-see is one of the most gorgeous islands in all of mexico. and only an hour from cancun airport. or you can head to telum. the ultimate bohemian escape. a little hippy haven less than two hours from cancun. black friday and cyber monday are right around the corner, a great time to book one of these winter

we called expedia and they refunded $300. they didn't explain what happened to the reservation, but said, we apologize for the inconvenience and frustration and can confirm our team contacted him to successfully resolve this case. if you have a consumer complaint, 888-996-tips or www.nbcbayarea.com/responds. >> another problem solved. >> i don't think we are going to have complaints in the weather department, do you? >> not at all. kari? >> as we go through the week, starting with rain in the north bay. we take a closer look at the radar and the hour-by-hour forecast coming up, next. >>> this beautiful view of sparkling lights is 880, the coliseum. it's moving well. we'll show you where the slowdowns are. >> reporter: detectives on the ground in the east bay investigating a suspicious death in a hotel room. i'll have an update on the scene and what police are telling me at this hour. it )s monday morning. . a live look outside at san francisco ad lib >>> it is monday morning. a live look outside. beautiful lights of san franc

in a statement expedia didn't explain what happened. but it said we apologize for the inconvenience and frustration robert barns experienced and can confirm our team contacted him to successfully resolve this case. if you have a consumer complaint please call us. the number is 1-888-996-tips, or online at nbcbayarea.com/responds. got to remember, that expedia and competitors are travel agents, middlemen, you make sure you confirm the reservation directly with the hotel. >> good to know. >> before you go to china. >> before the flight. >> before you go anywhere. >> anywhere, right. >> thanks. >> yes see you. >> the feed the need food drive was a big success. check it out. all thanks to you. viewers donated more than 53,000 bags of food. we spent the weekend visiting safeway stars to rally the donations. this year's donations are up 19%. we want to keep the momentum going. remember $10 is all it takes to give the gift of food this holiday season. all the details are at nbcbayarea.com. and remember that our food drive continues until decem

he called expedia and couldn't get anything straightened out. he paid for another room, right there on the spot. it was similar, but robert was disappointed. he said the bathroom wasn't clean and the heat didn't work. expedia refunded robert for the prepaid reservation, but he thought they should compensate him for the lackluster room he had to book on the spot. they offered him a $100 coupon, instead. he asked us if there was anything we could do. we called expedia and they refunded robert $300 he paid for the hotel. expedia didn't explain what happened to the reservation, but said we apologize for the inconvenience and frustration robert barnes experienced. our team contacted him to resolve this case. if you have a consumer complaint, call 888-996-tips or log on to www.nbcbayarea.com/responds. >> thanks, chris. 6:24. >>> room to move for residents in north san jose where 8,000 new housing units have been approved. they are going up at the new agnews facility. this is clips of it being built in 1969. recently retrieved from a time capsule. in t

he called expedia and couldn't get anything straightened out. so he went ahead and paid for another room right there on the spot. it was similar but robert was disappointed. he said the bathroom wasn't clean and the heat didn't work. so expedia refunded robert for the prepaid reservation, but he thought it should also compensate him for the lackluster room he had to book on the spot. expedia offered hmm a $100 coupon instead. so he asked us if there was anything we could do. we called expedia and they refunded robert the $300 he paid for the hotel stay. in a statement, they didn't explain what happened to robert's reservation but they said we apologize for the inconvenience robert barnes experienced and our team contacted him to successfully resolve this case. if you have a consumer complaint, call 1-888-996-tips or log on to nbcbayarea.com slash responds. >>> and if you're thinking about heading to the sierra for the holidays, well, look right there, snow awaits you. no chain restrictions at the moment on i-80 right now but that could all chang

price line joining expedia, they're saying they have to do more to keep up with their competitors. price line fell 257 points, that's only 13%. i don't know who wins these wars, it's too early i don't know if the fangs remain on top of the world. from many of my trips to the west coast i can tell you they're winning right now. one note of concern i am worried about this new etf coming tomorrow morning it's more like a kind of a future where you own the fangs and couple other high gross stocks and whether there's irony ahead. that said, not a lot of money has been made investing in irony. it concerns metafang, which we created on the show is something so main stream we're supposed to throw money at the bottom line is no matter what the industry, if you own shares in a company that doesn't have, not a digital strategy but a winning digital strategy your goose is cooked. the other guys in the sector will set the oh venue at 500 degrees and burn your stock to the crisp. john in florida. >> caller: hi jim. >> oh man how have you been? >> caller: been a while. jim, this coming friday din

mark: what about competitors like expedia, chicago, trip advisor? less?rivago and trip advisor shares down a little. priceline says they will go back marketing.n expedia is a more direct competitor. priceline's growth was not that , so they are not gaining at the expense of expedia. the ceo also saying he does not see a secular challenge in the online travel industry. so perhaps more of a mixed bag. william shatner has not had an ad with them since 2012, but we still associate him with them. mark: shares of valeant pharmaceuticals are rising. earningsaintained its after sales of a gastrointestinal drug rose. bmw has lost ground to global luxury car leader mercedes-benz. profits from carmaking now trail mercedes, and the company reduced its outlook for four-year revenue. at is trying to make money the same time it develops technology. apple pay is enrolling tens of --usands of new users walmart pay is enrolling tens of thousands of new users. estimates are walmart pay will pay by the end of next year. the ecb policy consensus is wavering in a bloomberg's g

doc in. >> expedia is very mild.hink shareholders of either trip advisor or priceline would love to see a 2% decline like expedia has. these other stocks are down 12% for trip advisor and 20% for priceline. it's just an ugly day. turnover is just basically people running for the exits right now, judge. >> avis, a rough day there, too. joey, down 17% almost. they missed estimates and they cut guidance, too. >> and you would think logically that the-hour capes, the three hurricanes that we had would actually help. the ceo talking here about actually it hurt their business. that's why they cut the guidance here car is down significantly and hertz is down even worse, two names that you have to take a dramatic wait and see approach >> going the other way, weight watchers, soaring today. four-year high for that stock. josh brown >> why are you laughing, pete? >> pete, why are you laughing? >> i'm not only a shareholder. >> listen, so -- so -- this is -- i'll let you finish. so this is one of the biggest winners of the year

will only accept because like this one in prague you can book that perfect trip to the mall dedes on expedia with big call ins and speculation is rife that amazon could soon accept big calling for payment with japan also recognizing bitcoins as legal tender it could be said that the crypto currency is future is looking good so if bitcoin doesn't actually crash it'll probably be only a question of time before the broader economy has to join the rush. and joining us now from new york is jacob any a soft he runs the chevy digital assets fund which invests in cryptocurrency is like but he left his job at goldman sachs to do set back in twenty three to thank you for joining us jacob now because it is certainly a volatile currency so how wild a ride has it been for you and your funding for the post. well it's been a crazy ride for all of us sometimes crazier than others this year in particular but this year's ride has been distinctive because it's been pretty much straight up whereas a lot of us who have been around a little longer remember twenty fourteen when the price of decline dropped over ei

only accept because like this one in prague you can book that perfect trip to the mall deaves on expedia with big current and speculation is rife that amazon could soon accept bit calling for payment. with japan also recognizing bitcoins as legal tender it could be said that the crypto currency is future is looking good so if bitcoin doesn't actually crash it'll probably be only a question of time before the broader economy has to join the rush. earlier i spoke to our financial correspondent against tata asked him if average investors like human me should get into bitcoin now. well that's the ten thousand two hundred thousand dollar question i have two younger colleagues and they actually just started buying bitcoin so obviously some people still believe that is not too late to jump in but then also the whole block change of knowledge is rather complex and should i buy shouldn't i buy it really depends also on your risk level it is complex we don't have that much we really don't know that much how it works so it's i would say there is a certain risk attached to it if it's too late. there

bars that will only accept because like this one in prague you can book that perfect trip to the expedia with that comment and speculation is rife that amazon could soon accept because payment. with japan also recognizing bitcoins is legal tender it could be said that the crypto currency future is looking good so if bitcoin doesn't actually crash it'll probably be only a question of time before the broader economy has to join the rush. we've got the pleasure of having our new york correspond again quarter in here on this side of the atlantic. excited about bitcoin having i don't have any myself no but well it's pretty amazing if you follow the development you do the more. you can we trust because i would say they are established and believe they do make sense and especially it's not that you want to buy stuff which bitcoins but it also that you can avoid certain banking fees for instance and therefore i think they are justified and established but if people missed the boat is it would be a good time to jump in now when it's setting one record after the next timing is always difficult and

on expedia some roundtrips available for $300. can speak out today or tomorrow from seattle to las vegas, atlanta to orlando. expedia has a list of round-trip destinations for under $500. the closer you get to thanksgiving come at a higher ticket will go. cheryl: share, come on, if you didn't book by now. lauren: if you're hosting, it's annoying because you don't know who's coming in who to prepare for. tracee: if you just take a vacation. cheryl: we are obviously following all of the latest developments on tax reform which is causing a lot of volatility in the market last couple weeks. art hogan, chief market strategist is here. good morning. i want to ask you about these comments from susan collins of maine on the talk shows yesterday. her understanding of what she's doing that the corporate tax rate goes down to 22%. that allows them to bring in the revenue to eliminate -- to not eliminate the state and local tax deduction. is that big for investors the 22 versus 20% of the corporate tax rate side? >> one thing that the line in

exfield ya down 2%. -- expedia down 2%. let's us get to election day.e a look at a live polling station in new jersey. a couple of people moving in and out. these polling stations get very busy before the work hours and after. new jersey is a high tax seat where the governor's seat is up for grabs as chris christie moves on having reached his term limits. our cameras caught up with phil murphy, the front-runner, democratic candidate and goldman sachs alum. he was voting this morning, and new jersey's current lieutenant governor as well, republican kim guadagno. she went in to cast her ballot in monmouth beach, new jersey. this is one of the highest profile elections particularly because new jersey could be considered a petri dish or trial balloon of sorts for other high-tax states. it will be crucial to see how the next governor responds to the gop tax bill but, more importantly, how voters will react. will voters pick candidates who they believe will cut state income taxes to make up for the elimination of state and local tax deductions which is threat

something going on there maybe it has to do with price line, expedia, i'm not sure. worth watching again, we talked about advanced declines a few minutes ago that's worth watching. tim talks about the internals, i've brought it up tonight, there are a lot of great stories. right now they're seemingly more bad stories we don't talk about than good stories that we do >>> coming up, snap reporting earnings moments ago, the stock getting crushed. evan spiegel making some controversial cuts >>> and later, netflix used to be the new media darling but with disney and fox still on the table, is the competition catching especlliay? we'll tell you if traders bought this dip when "fast money" returns. shield annuities from brighthouse financial, allow you to take advantage of growth opportunities. with a level of protection in down markets. so you can head into retirement with confidence. brighthouse financial established by metlife. whentertaining us,es getting us back on track,hing? and finding us dates. phones really have changed. so why hasn't the way we pay for them? intro

you know, i think that's the most interesting investor question out of internet, priceline, expedia, think they showed a confluence of a couple of things, including increasing competitive risks from hotels themselves, airbnbs and new ceos putting their own stamps on the businesses and accelerating businesses with hotel inventory. those assets that i just mentioned, what is most interesting is the setup in 2018, not necessarily a near term stock price but i think it's priceline the overall growth trends are largely intact they will go to near term investment cycles, but i think those will be relatively short term, and these stocks are getting close to trough valuations we particularly like priceline of those names. >> think of the big-cap text it's interesting that you included a secretary on government footsteps you're watching these incremental moves where governments are looking at the business models of these companies. analysts and investors to us have basically played down this point as a headwind for stocks and profits. when do you think that changes, if at all? >> oh, i think

can the company delivers a compelling story for investors the travel blues the ceo of expedia will join us at this hour his stock is getting hit this past week and down near 20%. what's his plan to turn things around we'll explore that and more as "power lunch" hour two starts right now. >> all right, some breaking news out of washington right now. new details emerging on the gop tax plan this time on the senate side i l ylan mui is in washington. >> reporter: when it comes to the pass through rate, they are instituting a new lower rate for small businesses with income less than $75,000. it appears this was something to put into address the concerns of the national federation of independent businesses and small businesses come out against the gop tax plan the bill will preserve the adoption tax credits and house and ways of community is an adoption credit himself. it appears to tackle the 20% exile tax that hit multi nationals that many business groups have been complaining about. what we have been able to confirm so far is that there will be a one year delay in that 20% corporate tax r

on expedia with that comment and speculation is rife that amazon could soon accept because in for payment. with japan also recognizing bitcoins is legal tender it could be said that the crypto currency future is looking good so if bitcoin doesn't actually crash it'll probably be only a question of time before the broader economy has to join the rush. what's all this hype about bitcoin about let me the studio is financial correspondent from new york yes caught on a rare visit to home base in the studio for a change yes you've covered the rise of big point from from the beginning really can we know trust this virtual currency well i would certainly say that it's devilish by now so not join the crowd saying it's like the tool of crisis what some people are saying and then also if you if you look at the practical value of bitcoins i'm always getting angry when my clients transfer money to me from europe to the united states i always pay banking fees thirty thirty five dollars for transfer and i don't really understand why because that's also just a technical click of a basket right it's a cli

you can book that perfect trip to the maldives on expedia with bitcoins. speculation is rife that amazon could soon accept bitcoin for payment. with japan also recognizing bitcoins as legal tender, it could be said that the crypto currency's future is looking good. so if bitcoin does not actually crash, it will probably only be a question of time before the broader economy has to join the rush. helena: joining us now from new york is jacob eliosoff -- -- crypto currencies like bitcoin. he left his job at goldman sachs to do so back in 2013. thank you for joining us, jacob. now, bitcoin is certainly a volatile currency, so how wild a ride has it been for you and your fund over the past four years? jacob: it has been a crazy ride for all of us. sometimes crazier than others, this year in particular. but this year has been distinctive because it has been pretty much straight up. whereas a lot of us who have been around longer remember 2014 and the price of bitcoin dropped over 80%, very painful. helena: how high could you see it going and how you know when it

only accept because like this one in prague you can book that perfect trip to the mall deaves on expedia with big call ins and speculation is rife that amazon could soon accept bitcoin for payment. with japan also recognizing bitcoins as legal tender it could be said that the crypto currency is future is looking good so if bitcoin doesn't actually crash it'll probably be only a question of time before the broader economy has to join the rush. and joining us now. take it and use. crypto currency like he left his job at goldman sachs to do say back in twenty thank you for joining us jacob now because it is certainly a volatile currency so how wild a ride has it been for you and your funday over the past four. well it's been a crazy ride for all of us sometimes crazier than others this year in particular but this year's ride has been distinctive because it's been pretty much straight up whereas a lot of us who have been around a little longer remember twenty fourteen when the price of decline dropped over eighty percent very painful for those of us who hadn't expected a year like this so ho

for wal-mart and targetnd travel s hotels.com or expedia, fill up the shopping cart but don't click buy retailers see you wanted to buy and send you a coupeon to entice you. another way to save considering the zip code. manyrs vared ongeolocations. >> if you do your shopping from an office downtown with a pricey zip code. wait until you get home or a starbucks in a lesser area. on the less shopping days, the day after black friday on to ebay people are trying to unload all of this unopened brand new merchandise on rock bottom prices. >> and it pays to ask for an extra discounts and use the chat function for an extra 10% to 15% off. they are motivated for you to buy on that day and in all likelihood you'll get free shipping too. >> don't forget our black play book dozens olstinue to add more go to 6abc.com and tweet a lot of them on fac closer to black friday. to you. >> ing up the cart this wu. do it for "action news" at 4:00 for alicia vitarelli adam joseph andan taff. join us tonr night for a fs" at 10:00 on phl 17. >>> "action news" delaware valley's leading news program. with jaime

we get results from a company aye liked for a long time, price loan if you think back to expedia's quarter which was nasty, you might get heart burn when you see this one or at least imagine it when you play with these companies for keeps it always hurts your profit margins. monday there'll be sky works solutions and international fragrance. i think both could do very well. sky works huge out source suppliers which means its got tons of orders all these consumer products companies they need iff to stay competitive. tuesday we hear from emmerson electric i bet this story industrial gives us a strong quarter, however it could be overshadowed by the possibility that emmerson raises a tent tifr business for rock wall automation we also get results from valient. we had the ceo on, he's been busy fixing up his balance sheet so the guy don't have any growth let's find out marriott's hotel business before the from a scarce of properties. both electronic arts and activists and blizzards say the stocks get hammered in the last couple days. we may get a buying opportunity after a way that ea was obli

microsoft, google, twitter, expedia and amazon are the big dogs in town. a flood of them.h industry workers, mostly male referred to as tech boys or tech bro rapidly changing the dna of the city. rewired to satisfy their nerdly appetites. meet our new apple martini drinking overlords. ♪ ♪ tech boys ♪ tech boys ♪ tech boys ♪ ♪ ♪ working overtime >> fish and chipsn the thing. >> that's the thing. astra, elaine are the members of the band. they wrote a song about the boys. pacific in pub is managed to resist the temptation to impedes the invaders. for lunch, fish and chips. >> we're going to complain about we hear about a lot of high fiving white boys coming to town and yet you've created this hate anthem and you tell the tech people people from the nontech people? >> yeah, they have the badges. >> neutral colored clothing. they are kind of easy to spot. they have walk. >> they have walk? >> yeah, they're just all the same. there's nothing that really stands out about them. they're so dull. dating apps are really big here. i have a few girlfriends that dated a couple of tech

little bit but if you're willing to fly out today or tomorrow you can find good round-trip deals on expediam seattle to las vegas, $300, there are deals for $500, of course, the closer you get to thanks giving the more expensive the tickets are, but just look, you found a good deal? >> i sure did, i used orbitz. tracee: leave it to elon musk but he tweeted yesterday that roadster that he revealed last week said that could include a special ub grade package that could enable it to fly short hops, it's certainly possible, just a question of safety, rocket tech applied to a car opens up revolutionary possibilities, of course, elon musk also the ceo of spacex, he would know a thing or two about rockets. heather: he sure would. amazing the things he comes up and his mind how it works, possibilities are endless. tracee: yes. heather: time now is about 10 minutes until the top of the hour and they've held violent protests and they've called for the death of police and now one university is offering a black lives matter course, our next guest says the campus craziness has to stop. heather: they hea

go to expedia. expedia has 90% off on their app for hotel stays for 2,000 hotels.100 bucks off. another category, bridal. bridal is an industry where everybody gets killed. >> really? >> as soon as you get engaged. >> meghan markle. she's on there today. >> david's bridal is going to have huge deals. this one is for savannah. i got the sense you didn't shop early. >> i don't. >> if you go to ebay today, 50,000 items are going to have price match. ebay is exactly where we have to go, when we don't get the must-have toys for our kids. we tredge over to ebay. we have to pay double, triple, from all of those that horded the items. >> i'm online and i want to find the best possible deal. how do i know if i'm finding the best one? >> this is the beauty. this is where sport shoppers go. go to today.com. we got a whole list. but my three favorites. one is for amazon. it's camelcamelcamel. find the item that you want. put it in. and it will track the price over three weeks. >> from all the different stores? >> just from amazon. and i give you invisible hand. you're on a web

over-arching risking is a crowded mark, expedia, mel lathes worth nosing that look at mar yos, chaise up 71% of course that's the biggest hotel operator. >> thank you, cementa. so a lot of trouble in this space. if you look at this priceline, the quarter is actually pretty good beat on retch and eps, and to say that things are going well that is an absolute disaster, so they either see something that the rest of the space is seeing or they're trying to get ahead of something, i still don't think it's crazy expensive given what they're still going to earn, but if you look back in march, this stock took off from $1700, and we're right around there now, if you're looking for an entry point, that could pose an interesting level >> you said they met this quarter, they actually guided down this quarter, they had a big gap, so now they did the same thing, to already lowered guidance, they probably come in for that, if they don't get things sorted out, they may miss again. prior to today, the thing is expected for fiscal 2018 to -- traiting at 25 times, 22 times that forward number. if it's a

expect iac to spin off match, probably, first, subsequently angie home services, the way you did with expediawhat goes into that decision? joey: well, it is a question i got on our earnings call this morning and a question i get every time we are in front of investors. it is a good and valid one at that. we don't have a formula for when we spend something off. we don't have a specific set of rules -- it has to be worth this much, have this much revenue. erik: for she is 18 and it is time to go to college. joey: right. ,t is a confluence of events where we think about what is best for the companies that are a subsidiary, what is left behind, and we have to optimize both of those things. there has to be a reason to do it. that has to be a value in doing that. we will counsel think about that. we always have. we always will. we are not in the business of empire building. we are not in the business of conglomeration for conglomerations sake. there has been value for match being part of iac, but we can't think about when spins are appropriate and we never stop thinking about that. erik: about what

news from amazon, amazon web services announcing new customer agreements with disney, the nfl and expediaholding its reinvent conference in vegas in which john forte just sat down with andy jassy, we'll hear sound later on this morning. good to have you back. >> i think we're going to hear sound now. thanks for kicking -- teeing that off i just got back from vegas, i was out there for an interview with andy and it's interesting disney is going to use the cloud from aws for presumably some of this netflix like service they want to role out in the future amazon saying disney is going to shut down the larger data centers and switch over to amazon interesting because netflix was aws's first big customer expaid yan, going to use this across all of xpeexpedia's 200 brands i asked andy what he thought got disney over the hump into using this he said flexibility was a big piece of it. >> i think it's a big reason, not only does disney know they are going to save money, but the ability to innovate at the pace they want to innovate is a big factor and it -- just in the media space, if you look at a

what we are trying to do in terms of investment for the future, it's the right thing for us to do >> expedia, airbnb, google, somewhat of a crowded market who is your biggest competition? >> this is a competitive business and been competitive all the time i have been in it we have done a very good job over more than a decade and a half we have been growing this business from when i started, how tiny it was and now we are the leader in the space. yes, we have less competition, but we have dealt with it. >> the state of the online travel industry and the head winds they are facing. >> we have to fee it differently. obviously, there is a broader issue in the stock market we are seeing with these stocks we view the future optimistically we have short term impacts going forward, the priorities are clear. relevant on a global basis push on boundaries further than we have been and customer centric and execute with more speed. this market is mass zive the opportunity is clear for us. >> one area of opportunity for online travel is china, one of the leaders in that space is sea trip, the top online t

this cycle where companies are talking about bitcoin to grab a headline remember when overstock and expedia even dish put out a press release saying we can now use bitcoin. >> put in press release, headline, stock goes up, it happened with square yesterday i think the technology underlying that, as you pointed out, jon, the blockchain is interested basically you're settling interactions without intermediary, that's really cool the problem with bitcoin i have is the whole point, whole conceit, no central governing body, not a currency like u.s. dollar is. they are having a hard time sorting out what to do with bitcoin. there's a move, hard fork, you split the currency, make transactions go faster the consortium who makes the decision, who are these guys they couldn't agree on that. yes, volatility, i don't know what you're buying at this point. there's a lot of the idea technology is great. in practice and execution, it's really bizarre. >> so in a reasonable sense, what do you think the volume that square could potentially do in bitcoin transactions would even be. >> bitcoin technology the

. >> he turned around expedia, hopefully he can do that here.he list of black eyes to uber it just goes on and on >> we are approaching crucial date in london as well landon, thank you very much. >>> meg whitman will step down as hewlett-packard enterprise ceo early next year. she led the company through one of the biggest breakups in corporate history, splitting hewlett-packard into hpe and hp inc. the current president will take over the new ceo job the split was in 2015. whitman will remain on the board. here is whit mran man on the cat night. >> we have delivered a total shareholder return of 8 9% which is more than three times that of the s&p 500. i know antonio will have the same focus for delivering focus for share holders going forward. by fixing and improving the company i joined, hpe is ready to drive the next phase of shareholder value and you're starting to see the payoff in our results. >> hpe shares dropping on the news, some 6%. earnings were in line, revenues beat the street, and the outlook for the next fiscal year is in line wi

microsoft, google, twitter, expedia and amazon are the big dogs in town. a flood of them.ale, derisively referred to as "tech boys" or "tech bros" are rapidly changing the dna of the city. rewiring it to satisfy their own newly empowered nerdly appetites. meet our new apple martini drinking overlords. ♪ tech boys tech boys ♪ ♪ tech boys tech boys ♪ ♪ tech boys tech boys ♪ ♪ with your mustache and your paycheck ♪ ♪ and your blue badge and your limp dick ♪ ♪ with your mouth full of the party line ♪ ♪ and your weekends working overtime ♪ ♪ overtime overtime ♪ >> anthony: fish and chips is the thing, right? >> dustin: that's the thing. >> astra: yeah. >> astra elaine and dustin patterson are members of the local band "the gods themselves." they wrote a song about the new kids in town. pacific inn pub is a holdout, a place that has so far managed to resist the temptation to appease the invaders. for lunch, fish and chips. ♪ tech boys >> anthony: you know, bitter old -- like me are of course going to complain any time we hear about, you know, a lot of high-fiving white guys comi

so expedia finds 62 percent are not taking their earn vacation. we have a lot of nodding head in this room. they will not use more than 460 million vacation day so take a couple days off. millennials are most likely to shorten their trip due to a looming work load compared to >>> coming up at 4:30 we have lots of breaking news coming out of west chester. >> just waking up massive fire tears through an assist ted living facility we now know more than a dozen people are hurt that was initial word which has not yet been confirmed we have a live report from the scene and another live news >>> breaking news right now, this half an hour good morning i'm karen hepp. >>> aim thomas drayton let's update you on that five alarm fire in west chester. fast moving fire engulfing a assisted living facility. >> rescue crews got out there and they needed to call in more and more. you can see how big this fire is. it swept through from one building to the next there inside, all of the staff there raced to get many, many older seniors out of that building. >> we wil

stock is down about 7% i will also point out this follows a separately a disappointing report from expedia week back. back to you, kelly. >> tauhank you, seema, that's exactly what i was looking for to be reminded, a double-digit percent decline. now you have priceline and trip adviser. john, i mean, does this have air bnb written all over it or what? >> potentially maybe it has some hurricanes written all over it. also maybe it has some tougher comps for the fourth quarter for priceline. that was something on our mind at our shop moving into this earnings report. so it might have a different -- a few different things built into it. >> nancy, how would you approach this >> i think we need to see some consolidation in this space. i mean, you got a huge differential in terms of size and pricing power. trip adviser pales in compareson to priceline i would say that's really where we are is at it's more competitive. and there's a lack of branding that people are just not seeing where to go. they just shop price. >> fair point? trip adviser down 8.5% after hours. 6.5% decline for priceline. >>>

trying to do in terms of putting investments for the future, it's the right thing for us to do >> expediar bnb, google, somewhat of a crowded market who would you say is your biggest competition? >> you're right, this is a competitive business and it's been competitive all the time i've been in it, and we've done a very good job over the last more than a decade and a half we've been growing this business from when i started how tiny it was and now we are by far the leader in the space, so, yes, we have lots of competition, but we've dealt with it very successfully >> shares of priceline down over 12% just this week glenn fogle saying that investing in brand advertising to sustain growth will be a key part of priceline's strategy and guys, that could pressure margins going forward, although he does continue to see growth in china, its stake in sea trip, which it continues to build. also i asked about acquisitions and he said acquisitions will continue to be a part of priceline's tool box keep in mind one of the biggest acquisitions was open table and continues to wait to see the growth in

only accept bitcoin like this one in prague you can book that perfect trip to the mall deaves on expedia with big call ins and speculation is rife that amazon could soon accept bitcoin for payment. with japan also recognizing bitcoins as legal tender it could be said that the crypto currencies future is looking good so if bitcoin doesn't actually crash it'll probably be only a question of time before the broader economy has to join the rush. global prices. have soared and raised weeks in france tell us pos the premium premium on to consumers for taking a hard hit. often can't even get their boss oldest filled. french croissants what only tastes half as good if they were made with less butter but these days bakers are finding it increasingly hard to get enough of it. you know if i order one hundred kilos i get maybe half of that if i'm lucky. and i'm paying twice what i used to eight euros per package instead of four. on the world is going nuts. not long ago it seemed like there was too much of everything. but now we have a better shortage. and you would not. want to be. and it's worse fo

more than 62 percent are being vacation deprived according to a new survey by expedia. use vacation days. i just don't understand that. >> i know. i take every -- in fact more than i have. are you feeling fine but don't feel like working? you are not alone. according to new survey from career builder 40 percent of workers have called in sick over the past year without being under the weather and workers are coming up with some pretty wild excuses, too, including eating a toothpick at a restaurant the night before and for getting their clothes at the laundromat. >> like all of their clothes. >> right. every last bit of clothing. >> did they walk home naked from the laundromat. >> it worked to get out of work. >> that's crazy. >> sometimes you just need a day. >> i need a pen and a pad of paper. >> so you can remember those. >> yeah. >> taking those ones down. >> your mental health is important. >> mike, you're a millennial. do you take all your vacation days. >> you know, i haven't but you know how vacations are in -- >> what? >> you want to give them to us nonmillennial

that will only accept because like this one in prague you can book that perfect trip to the mount on expedia with big current and speculation is rife that amazon could soon accept because for payment. with japan also recognizing bitcoins is legal tender it could be said that the crypto currency future is looking good so if bitcoin doesn't actually crash it'll probably be only a question of time before the broader economy has to join the rush. but the pleasure of having our new york correspond again quarter in here on this side of the atlantic. thank you excited about bitcoin having i don't have any myself no but well it's pretty amazing if you follow the development you do have colleagues who have i do have two younger colleagues who actually just bought them about two weeks ago being daring yes yes maybe more tech savvy. can we trust because i would say they are established and believe they do make sense and especially it's not that you want to buy stuff which bitcoins but also that you can avoid certain banking fees for instance and therefore i think they are justified and established but

. >> expedia stock took a big beating. will make improvements >> you buying more >> i am buying more. s >> twitter held the gains and they are back up >> acisco systems hit another high >> ual i'm buying that in the downgrades >> power lunch starts now. #. >>> thanks very much here's what's on the power lunch menu for this wednesday. investors kicking off a new month on a mostly positive note. stocks booming around the globe as well. a trip inside those numbers straight ahead no tax plan, no problem for the markets. one day for the delay for the gop's big overhaul what are the hot potatoes holding the upper big release of that big bill.

. >> y'all know how to book a flight on expedia? i'm just messing with you. just so you know, i gave these guys -- some of you got 24 hours' notice and flights can get expensive when you buy them the day off. we talked, what was it -- >> monday night. >> while we await roy moore to get to this press conference, we're going to take a break from talking about how far people have traveled there and go to one of our pastors, pastor earl wise, joins us now. he was one of the pastors on the list supporting roy moore and he continues to stand by the candidate. pastor, thank you very much for joining us. we appreciate you being here. >> thank you. >> you know, pastor, hold on a second. looks like roy moore has arrived at this news conference. and if he does take the podium we will want to hear from him. looks like he's glad handing at the moment. tell me why do you still support roy moore? >> because in all the time that i've known him, he's been a man of integrity and stands for what he believes, doesn't cave. i just -- i appreciate his courage. >> why does he have

. >> you got a situation where price line and expedia and amazon >> ten resorts for families. >> if youre traveler, you are shopping around. you are looking at who's giving me five dollars off or $10 off you are looking at people making your life faster and cheaper >> michael, what's going on in the fourth quarter for these stocks and why is guidance have been pulled down >> a lot of it is change in market strategy. they talk about shifting how they're acquiring their customers away from third party channels like trip adviser and trivago and trying to do direct booking and trying to get people from tv advertising and returning investment on the marking term it can create some disruption on the near term. that has atrickle down effect on trip adviser, because then they're getting less spent on their advertising partners >> michael ollisson, thank you r much >> i do not deserve the credit >> all executives in connecticut. you have who jets? >> don't answer that >> as your attorney, i advise you not do answer that >> good one. >> backup to the backup. do not miss thursday's show. >> look a

expedia had poor guidance a short while ago. it is still to the downside. lot of changes going on with these travel agencies. more effective hotel loyalty programs, i think is probably the main thing these companies are getting better at keeping people within their own eco sphere and competition from air bnb a big deal online travel agencies take on the cost to integrate the nonhotel inventory into their sights to compete. want to tell you -- put that back, please tell you about a new product launching here at the ice tomorrow this is a new futures contract everybody kept wanting to play the fang stocks, they'll have a new way to play, a quarterly futures contract trading on the ice. consists of futures contracts of facebook, amazon, netflix, alphabet and alibaba and baidu and twitter, all together. you should be able to get it through your brokerage account tomorrow why is this happening? exchanges and etf companies are noting the low volume. they are trying to figure outweighs to get people to trade more people love talking about the baskets, the fang the

. >> pretty fascinating interview with the new ceo of uber, dara khosrowshahi, formerly of expedia talkingt it was like to come into that company amid all that corporate drama. his relationship with travis kalanick, why an ipo makes sense. he said we've had all the disadvantages of being a public company without any of the advantages >> i thought it was funny he said he didn't think he was a serious capped for the job in the beginning. it wasn't even a call he wanted to take and bet his wife he wouldn't take the job. he said he has a good relationship with cal la nick. shed light into a potential softbank investment. >> that's still out there as a possibility in part relying on this copied hostility on the board of directors that andrew was asking brch dara khosrowshahi about namely about benchmark and the line uber needs liquidity as in sales created by the very shareholders and wants peace on board prior to making a very significant investment from the vision fund. >> more from deal book throughout the day a news update from contessa brewer hi there. >> after meeting with x, president tr

is that costs are rising as priceline has to spend more to lower customers from other spaces like expedia, crushing it the premarket. 291% rally this year. good thing for oprah. she owned a 10% stake. it is the eighth straight game as weight watchers continues to crush it. john? winning, they are that's for sure. another thing winning for the last couple of weeks, crude near its highest level in two years. with a shakeup in saudi arabia, investors are piling into oil. ,oining us now is tony dwyer the chief market strategist. great to have you with us. talking about crude, what does this mean? >> it has a lot to do with saudi arabia and more to do with global demand. a synchronized global recovery, there is a consensus call on that, but you have a significant pickup in global demand for all commodities. it has been that moved to value, moved to commodities benefiting oil. jonathan: is it a tactical story where longs are piling up, piling up question mark or is it more fundamental? tony: if it was all about saudi arabia, it wouldn't be down today. onin, it's pretty overbought the breakout.