we were in a situation where one of the founders of expedia who was running expedia at the time decided stuff happens very naturally -- founding a company, building a company is different from managing it and moving it into a mature state. this person decided, i am not up for the ceo gig anymore. barry, can you find a replacement? david: you were not the first choice? dara: i have no idea, i never asked him. but i raised my hand, and he said yes. david: at one point, the expedia board gave you stock options worth $180 million. dara: i guess they did, based on theoretical value. david: and then all of a sudden, while you are doing a good job, and maybe going to get $180 million in theoretical value at some point, somebody asked you to interview for the job of being the ceo of uber. is that right? dara: yeah. david: did you say, i already have a job? dara: yeah. at first when i got called, i said no way. but then i talked to a couple of friends. you don't get too many chances as a professional or otherwise to work at and especially lead a company that i think is a part of how we live life

we bought hotels.com and expedia.y were part of the family to some extent because the deals i did. david: you became the ceo of expedia. did you have experience? why did he think you would be good at being ceo? dara: he was desperate. we were in a situation where one of the founders of expedia who was running it decided -- this stuff happens naturally -- founding a company, building a company is different from managing it. this person decided, i am not up for the ceo gig anymore. can you find a replacement? david: you are not the first choice? dara: i have no idea, i never asked him. i raised my hand and he said yes. david: the board gave you stock options worth $180 million. dara: i guess they did based on theoretical value. david: and then all of a sudden, while you are doing a good job, somebody asked you to interview for the job of being the ceo of uber. is that right? dara: yeah. david: did you say, i already have a job? dara: at first when i got called, i said, no way. i talked to a couple of friends. you don't

we bought hotels.com and expedia.y were part of the family to some extent because the deals i did. david: he became the ceo of expedia. did you have experience? why did he think he think it would be good? dara: he was desperate. we were in a situation where one of the founders of expedia who was running it decided -- this stuff happens naturally -- building a company is different than managing it. decided, i am not up for the ceo big anymore. can you find a replacement? idea, i raised my hand and he said yes. you stock board gave options worth $180 billion. dara: i guess they did based on theoretical value. while you are doing a good job, somebody asked you to interview for the job of being the ceo of uber. did you say, i already have a job? i gotat first when called, i said, no way. i talked to a couple of friends. you don't get too many chances as a professional or otherwise to work at and especially lead a company that i think is a part of how we live life. is ais case, this once-in-a-lifetime opportunity. david: d

expedia and ard of i'm the former c.e.o. there is a new c.e.o., actually picked him, who is the board c.e.o. tell you, being a former .e.o., it's a little weird sitting there and having someone else do something differently with your baby, because i think uber feels like travis baby and sitting there and it's lt like mine a little weird but you're respectful, you get out of the travis has done the same for me. is it weird? yes. but are we in a situation where respectful and comfortable and he's there for me when i need his advice? yes. biggest at's the challenge you currently see the company facing? ara: i think the biggest challenge that we have is a common challenge that you see ith some of the large technology companies out there, hich is there is an increasing regulatory burden that is coming on some of the tech companies. some of it deserved. i have some suppose extra money and i wanted to buy into a company like yours. dara: i think you have some extra money, don't you. have enough but why i should buy your i have soe

. >> jesse jones on the expedia imposters. >> reporter: customers across the country searching for expedia's phone number on the internet are being taken for a ride. >> it can ruin someone's vacation. you could really ruin someone's day. >> reporter: better business bureau vice president said scammers are creating bogus ads with fake phone numbers for expedia. >> for whatever reason, some of these imposter sites that come up on search to trick consumers into calling these numbers. took the complaints come from 17 states. victims say during their calls with the fake expedia callcenter, they were taken for thousands of dollars. >> were tricked into these imposter expedia customer service reps and they say our website is down right now and we actually need you to get a green dot money card and you know this is going, and a gift card and pay that way. >> reporter: gift cards work like cash and are impossible to trace. i asked the bbb for the numbers that were used in the scam. i found that one of those numbers was used previously in a irs collection scheme and it even appears the scammers recycl

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expedia.rything you need to go. expedia. his life is pretty comfortable. then, he laid on a serta and realized his life was only just sorta comfortable. i've been living a lie. (laughs) the serta icomfort hybrid mattress. not just sorta comfortable, serta comfortable. >>> just a couple days away from what could be a fourth of july celebration the likes of which washington really has never seen, largely planned we are told by the president himself. now, tanks will not parade down pennsylvania avenue because of the need to protect roads and bridges, but they will be there. and this comes as the costs continue to rise. our ryan brown live at the pentagon with the very latest. what are we going to see? >> reporter: john, we're being told a wide range of military assets are going to be participating in this fourth of july celebration. and everything ranging from m1 tanks to fighter vehicles but will be stationary as you said. president trump talked about some of the assets that would be participati

expedia. everything you need to go. expedia. you're smart,eat you already knew that.s also great for finding the perfect used car. you'll see what a fair price is and you can connect with a truecar certified dealer. now you're even smarter. this is truecar. gerry: i am back glenn. we were talking about inflation. and you think inflation is essentially suppressed for the foreseeable future. but the relationship seems to be burning them with no on appointment and accelerating wages. what was going on with inflation? >> one thing you always have to take about is the investor. and i think the investor -- if we have something wrong and if we do not understand something. what is it that we are missing. what is the alternative expedition. we live in a world which we have 2% economic growth in 1.5% inflation, to not% interest rates. in 0 productivity growth. there is another reality in a way of looking at that which is maybe what we are missing is productivity is growing much more rapidly than we are major net. so if you have higher productivity growth what you have is a larg

expedia. everything you need to go. expedia. dto experiencer gthrilling performance. lexus golden opportunity sales event. get 0.9% apr for 60 months on all 2019 models. experience amazing at your lexus dealer. maria: and we are back with rick reeder. $1 trillion in amm, you are overseeing this money. you just told me about the fed and the ecb. tell me about income inequity and what you want to do for the rest of there. >> it is something really important. i don't think you will make a lot of money of interest rates for the balance of this year. i think that will still cut rates. but when you build a balance to extend your percolate. the two-year treasury getting it close to 2% in a balanced portfolio? you can now at 2.15 on a tenure. it's not bad with negative rates. it helps you within the broad portfolio. quite wrinkly i think equities will go higher and i think you have a dynamic that shipping what drives equities higher? i think the world focuses too much accordingly earnings and by the way i think people have into negative and there will be bad reports. it is th

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him thennt to work for one of the companies he owned was expedia. work for him as the deal person so we did a bunch of deals and brought in companies. we bought hotels.com and expedia. of the family because of the deals we did when i came in. the ceo ofme expedia. why did you think you would be good at that? >> he was desperate. [laughter] we were in a situation where one of the founders of expedia who was running it at the time building a company is different for managing it. this person decided i'm not up for the ceo gig anymore. can you find a replacement? >> were you the first choice? >> i don't know but i raised my hand and he said yes. >> at some point they give you some stock options worth $180 million. >> i guess they did based on theoretical values. at some point, someone asked you to interview for the job of the ceo of uber. did you say i already have a job? >> yes i said it no way. i talked to a couple of friends and you don't get too many chances as a professional or otherwise to work at and especially lead a company that i think is part

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expedia. everything you need to go. expedia.ion's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond. >> time now for hits and misses of the week. kim, start us off. >> paul, in california they've long been synonymous with crazy. and in keeping, this week to the municipal code they got rid of all gender references. now you do not drive over manhole anymore you drive over a maintenance hole. they do not have manpower they have human effort and the students not stand for sororities and fraternities a living collegiate greek residence systems. add to this they also disband natural gas condemning everyone to use electric stoves. i was going to give it a miss but that mig

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expedia. everything you need to go. expedia.[woof] ♪ i felt i couldn't be at my best for my family. in only 8 weeks with mavyret, i was cured and left those doubts behind. i faced reminders of my hep c every day. but in only 8 weeks with mavyret, i was cured. even hanging with friends i worried about my hep c. but in only 8 weeks with mavyret, i was cured. mavyret is the only 8-week cure for all common types of hep c. before starting mavyret your doctor will test if you've had hepatitis b which may flare up and cause serious liver problems during and after treatment. tell your doctor if you've had hepatitis b, a liver or kidney transplant, other liver problems, hiv-1, or other medical conditions, and all medicines you take including herbal supplements. don't take mavyret with atazanavir or rifampin, or if you've had certain liver problems. common side effects include headache and tiredness. with hep c behind me, i feel free... ...fearless... ...and there's no looking back, because i am cured. talk to your doctor about mavyret. (

expedia. everything you need to go. expedia.sed with prostate cancer? compared to others, african american men are 76% more likely to get diagnosed, and over twice as likely to die from it. i'm joining with the prostate cancer foundation to get the word out. know your risks. know the numbers. learn more at pcf.org. ♪ ♪music time and time again, you know when i'm doing street magic..i'll walk up to someone and i can just see they're against me right? they don't want to be amazed. they don't want this experience to happen. but then the magic happens. ♪can we be there? and all of that falls away. ♪oh, just think of the time ♪i know that some will say come on man! ♪it matters a little babe. stunned. i believe in magic. it's the experience of waking up and seeing things the way you saw them before they became ordinary. ♪i needed to try (amazement & laughter) ♪i needed to fall that's the goal. i'm looking for that experience of wonder. ♪i need never get old maria: thanks so much for joining me hn "wall street." catch us every friday n

expedia. everything you need to go. . >> welcome back.l with the major data breach. we'll go live to london for this. thank you for joining us on this. how can consumers claim their portion of the compensation? >> so as you said, to emphasize the scale of this breach, more than 50% of americans were affected. if you are listening, this could well pertain to you. consumers who had their private information compromised in this breach can claim up to $20,000. also any out of pocket expenses. and for any time they had to spend dealing with the breach and the rate they can claim is $25 an hour up to 20 hours. this is still a proposed settlement, so in the finalized. those are the numbers we are looking at and the reasons you can cite to make your claim. another story i want to bring your attention to is apple. a company near and dear to your hearts, says they are in talks to buy the intel's chip. you remember apple was long tied up in dispute with qualcomm. they would be able to do a lot more internally. so this could be a huge move for apple

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expedia. everything you need to go. expedia. governot just the powerful and well-connected.hat's the american promise. but big corporations and special interests are in control. nothing's happening for real people. our democracy has been purchased. the candidates running for president have great ideas. but we can't get anything done unless we make our democracy serve the people again. i'm tom steyer. i approve this message. i'm running for president because it's time our democracy works for people. be right back. with moderate to severe crohn's disease, i was there, just not always where i needed to be. is she alright? i hope so. so i talked to my doctor about humira. i learned humira is for people who still have symptoms of crohn's disease after trying other medications. and the majority of people on humira saw significant symptom relief and many achieved remission in as little as 4 weeks. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and ne

expedia.g you need to go. >> getting our first images, and the sun begins to rise. these are from kt tv, 7.1 magnitude earthquake, making it higher by a factor ten times than it was 24 hours ago, no reports of serious injury or worse so far. there is that. we will keep you posted on aftershocks and a lot of californians worry. in the meantime the job market is stronger than all get out, so strong it has a lot of folks saying do we need to see the federal reserve cut interest rates to keep it going? the conundrum for stock traders, they pulled up a little yesterday for record highs we reached before july 1st. and let's get the view from wealth management and aaron gibbs. and our very own foxbusiness network's deirdre bolton. that was the battle back and forth yesterday. it is strong and we like that. good news is good news but that is when it means the federal reserve -- harris: if we look at what traders are anticipating, most people are losing this in july. the idea of a 50 basis point cut se

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expedia was working with search engines and phone companies to shut down the criminal enterprise. this comes as uber fixes a glitch that left some passengers being charged thousands of dollars for a ride took some writers in washington dc and in san diego took to twitter to complain they were charged 100 times the advertised rate. one reported a $19 uber >> kyle: so her husband card with a charge of $1900 what one man said that his wife was charged $9600 for a $96 trip. uber said he fears will be corrected. >>> one hand off the central coast using a famous landmark to make the message clear. tourism is killing big sir. though there the words painted in big old letters. and the bixby bridge parking lot. this comes days after a group hung a large banner over the famous spot the same message for the area often becomes congested will people stop to visit the iconic bridge while some understand the message, others think that tourism is necessary.>> it is for everyone here. taurus are not. you should be able to come and visit. nobody is doing that much harm to it. it is understandable.

we use expedia i figured the tech was expedia you are behind the scenes but make it work because it's the way we do business now. >> that's right. >> ten years ago we didn't this is all we do now. i get that you just announced something very big deal with a gasoline company and it seems like that you've got some exposure to fuel but it's a good business. >> yeah, so on the fuel card side of the business, wetalked about the fact that we have to develop a product called driver dash. >> right. >> driver dash driver dash is used, it's mobile payment device so people use mobile phones. they have our app loaded on it and it uses facial recognition in order to allow someone into the app. then it turns on the pump as if you are driving in, driving your ford f-250 and sitting next to the pump and turns the pump on remotely so it's secure and then as you fill up your vehicle, the information gets transmitted back to us so we're collecting data around that transaction. >> so when i first heard it, my reaction was big deal. why don't i get out and pump actually, in terms of productivity and money