hilton and marriott rent their brands out to hotel owners.will collect their revenue and they do not have the asset intensive nature the cruise lines do. that asset light model in a downturn like this is certainly a healthier model. caroline: you have been right in the voyaget this is we have been disgusting -- we have been discussing. managed anyone who has to pivot rather well in this? we started this conversation out by talking about disney who has managed to double down on streaming and focus on that as other parts of the business do not do so well. i think marriott -- we have looked at core hotels as well. some of these companies were set for a new era. how have these companies pivoted and look for opportunities amid what is a dark cloud of covid? hilton, theytt and are fantastic companies. rooms are from business travel. hotels, twooice thirds of leisure travel. they have brands like econo lodge and comfort inn. people getting on the road and doing domestic leisure travel. they are poised to benefit from that. companiesead, i think like

marriott is not. marriott is on the upper end of this bound it been on lately it's had more of a recovery than thoser guys have i would say of that group, scott, if you're picking up those airlines on the cheap cheap, cruise lines, if you can pick them up on the cheap cheap, they be do that on the six-month time horizon i would say put some bands on those graphs and look at which are at the lower band and which are at the upper in the case of marriott, i think it's a great stock but whether it 115 a share or wherever it is right now, it's a lot higher than any of those airlines right now and so i'd say i'd be more of a buyer for a six-month out time frame of than i would of at least marriott. >> want to respond to jeanne and josh >> erika: my time frame and portfolio is at least a year and possibly a lot longer. let's keep in mind caterpillar had declining earnings before co yet the stock has doubled from the lows and up from about pre-covid high of 140 to where it is now, which is ridiculous they're

you talk about marriott. i bought marriott three weeks ago. only 28% of the sell side have buys on this thing on disney you've got 75% of the sell side that like this stock and i think it a favorite. one of the reasons i told could i have bought it back at 90? certainly. but the story with disney, as shannon said, is it is about streaming, about the advertising recovery, right? s that my problem is that streaming costs and content costs are really going to be much, much, much too high and you're not going to get the operate look, covid hit this company in fiscal 2020 by 7.4 billion. that's a big nut to try to get back it's going to take a lot of time i don't think there's a lot of fun and some of the epicenter names that for me as i look at what's going on with netflix and the multiples there, it just wasn't a place that i understand there earnings blue out so it's done very well but just not a name that we jump at here. >> another positive earnings story and another s&p lead are today is cisco shannon, i'm coming back to you because you own i

i think about wynn resorts and marriott and think about all the things these companies did because they could that's what the fed is supposed to do in terms of helping the liquidity situation. >> let's bring in ed on the phone. are you there? >> yeah, i'm here. >> ed yardeni. >> what are you thinking >> i'm going to have dinner, maybe with the windows open. a lot to be thankful for the market was up because of janet yellen the market was up 48% when janet yellen had been the fed chair. i recall just about every speech she gave on the economy or financial markets tended to be bullish for the markets. i'm looking forward to her now being at the treasury. she knows where all the doors are, keys to the doors are at the fed and i think you're going to see a continuation between a lot of cooperation between the treasury and fed secretary mnuchin decided to pull the plug on some of the money that was allocated to make loans with but i'm sure yellen will put that money right back i'm not sure we're going to need all that much. i think the economy will do well on its own i think people are going

want to offend marriott.ike an old hotel lobby. >> whatever you want to wear is totally fine with me let start with hp reporting better than expected fourth quarter earnings and revenue, the company continues to get a boost there strong pc sales. and that helped offset the slump from office spending you can see shares are up about 5.5% pre-market. speaking of pastels, gap third quarter profit falling lower than expected. also forecasting fourth quarter sales to be flat or slightly higher than last year. and tesla continues its meteoric rally as investors snap up shares ahead of its debut in the s&p 500 next month so tesla is up more than 500% this year and has jumped more than 30% since the s&p announcement on november 16th. and brian, check this out, if these gains hold, tesla will be the sixth largest stock in the s&p 500 ahead of visa and of course ahead of -- ahead of visa for sure, trailing facebook but also trailing the members of the trillion dollar club of alphabet, amazon, google and microsoft. >> ri

>> on the travel theme, i think stephanie is going to make money with marriott. i like it.give you the technical buy. it's been bumping its head against this declining 200-day the. the trigger is 92.50 breaks that 200-day, snaps that year-long downtrend. you're going to be want to be in this stock. >> okay. >> i would take five points of risk for much more upside. >> got to run. jim, qualcomm, we'll see everybody tomorrow "the exchange" "is now >> thank you, scott, and hi, everybody. welcome to "the exchange." historic day for the country as americans vote in an election unlike any others. voters head to the polls, at least ones who haven't already turned in their ballot and with businesses facing a very uncertain future with the pandemic and record voter turnout, record political angst and record campaign cash has been raised are, and for all the concerns about a contested or delayed outcom

he's about to become a sheriff, and he was in a marriott you band that came out to help me -- a marriott she -- a mariachi me athat came out to help a get out the vote event. perhaps he will aspire to run for student government and get in his community and shoot for the moon. for the stars, and then land on the moon. >> that's a good one. let's collective florida because we tend to ignore the elephant in the room. it seems like the narrative of the latino vote has revolved around florida, in particular miami-dade county. president trump improved his margin from 2016 by 22%, so that is a lot. i know you mentioned it before, and i know you like to look at the glass half-full full, and that is half-empty, but i live in miami, and i can tell you and i saw the ads day in day out. i saw the misinformation. reallythe misinformation be ingrained in the minds of voters here, not only , but-american voters venezuelans and other central americans. address the same issue when it comes to florida. you are a republican. you are mexican-american, not cuban. the thought is that the republicans' ground g

quick, i was wondering if staff could give us insight and it can be done to update me offline on 7 marriott drive on how the difficulties are being experienced there. obviously, i am weighing in here and maybe we can help this gentleman mr. o'connor, kevin o'connor on the there is anything we can help with his mother's property, i would appreciate it. >> i would be happy to put a report together regarding where we are with that and report back to you when we have that generated. >> thank you. >> one correction. it is in budget and finance committee. >> that may beings more sense. >> my apologies. >> thank you. we are at the next item 8. review and approval of the minutes of the regular meeting of august 19, 2020. >> i may being a motion to approve the minutes. >> second. >> there is a motion and second. who seconded? >> kevin. >> all in favor? aye. >> any opposed? any public comment on the minutes? seeing none, the minutes will be approved. thank you everybody. item 9. is from a motion for adjournment. >> so moved. >> so moved. >> great. >> all in favor. >> aye. >> we are now adjourned. it

marriott, hilton and hyatt all in the red at this hour. marriott down about 1%, hilton down 2.8%, hyatt down 1.7%. >>> the pandemic is also squeezing profits in the banking world and it looks like that could mean more pink slips getting handed out at financial firms this christmas. terrible timing, charlie. always terrible around this time of year to get a pink slip. charlie: this is breaking news, liz. i just want to say that the two firms we found out about today, the ones we found out about. every major firm on wall street will do major cuts next year. unclear exactly how much, it could be pretty significant. what they found out is this. they can work with a lot less. that's what they found out during the pandemic. even though the markets are going up at record levels, even though today we saw them off a little bit, these big banks are looking to reduce their footprint in manhattan, looking to cut staff. they don't need as much to make the same amount of money. the two firms we found out, goldman sachs and credit suisse, as we reported

google working with hotel chains like marriott, hilton and four seasons. >>> issuing an all-new warning. next on "today in the bay," the one thing inspectors are now being told to look closer at aboard small vessels. this following last year's deadly dive boat fire. we'll be right back. ♪ 100% beef and hearty chili. try my $5.99 chili cheeseburger combo. it's pretty delicious. try my $5.99 chili cheeseburger combo. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's supposed to. trulicity is for type 2 diabetes. it's not insulin. and i only need to take it once a week. plus, it lowers the risk of cardiovascular events. trulicity isn't for people with type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, severe stomach pain, changes in vision, or

there's pent-up demand that could benefit a marriott international or a wynn.take a little bit longer to recover as companies have reassessed business travel, but we could see these your puck up as people take a road trip to vegas or a getaway to a city nearby. jack: i've got to hear what alex's tech stocks are because a lot of them are so expensive. what names do you like at these prices? >> i think tech stocks are very expensive, but we have to remember that tech has worked in a bull and bear market, as one strategist told me today and, you know, works in an election recount as well. so there are a few plays, tech is expensive, but compared to consumer staples, there's some names that still aren't that expensive. one i would point to would be google parent alphabet. the stock trades about 29 times per earnings. it's cheap relative to the rest of tech. and so i think that's one way to play the tech sector, going forward. i think you could also look at microsoft. it's sort of under the radar in some ways, and it's also more diversified than a lot of tech from t

that saw big big gains or to be an example carnival cruise lines up 39 percent just on monday the marriott hotel chain up 14 percent united airlines one of the biggest airlines in the world based in the united states up 19 percent and disney up 12 percent it just gives you an idea of how the travel industry hospitality is all seeing this potential covert vaccine as a as a return to normal if you will in the near future and that's why you're seeing these the run on these stocks of these companies now there are some squat unquote stay at home companies that did take a hit for example companies that have done very well over the last 6 to 12 months because of the krona virus such as zoom for example they dropped 16 percent amazon 5 percent and koran down 10 percent but the big story on wall street on monday was euphoria for lack of a better word hospital beds insolvent italy are now so scarce coronavirus patients are being administered oxygen inside that cause patients have been seen waiting outside the kalugin a hospital in naples italy registered more than 25000 new coronavirus infections on

that saw big big gains or to be an example carnival cruise lines up 39 percent just on monday the marriott hotel chain up 14 percent united airlines one of the biggest airlines in the world based here in the united states up 19 percent and disney up 12 percent it just gives you an idea of how the travel industry hospitality is all seeing this potential. vaccine as a as a return to normal if you will in the near future and that's why you're seeing these the run on these stocks of these companies now there are some quote unquote stay at home companies that did take a hit for example companies that have done very well over the last 6 to 12 months because of the krona virus such as zoom for example they dropped 16 percent amazon 5 percent in koran it's down 10 percent but the big story on wall street on monday was euphoria for lack of a better word hospital beds itself now so scarce coronavirus patients being administered oxygen inside that kills patients have been seen whiting outside that could do in a hospital in naples italy registered more than $25000.00 new corona virus infections on mon

marriott is the health policy manager and oxfam. she says the news from astra zeneca and oxford is encouraging. if they do, you really want this to be a vaccine for the world? then we have to address the elephant in the room and that is the supply issue. we don't have enough supply of this vaccine for the world. and, and, and it's true that astra zeneca has with oxford and under oxford university, it's instruction we understand have made more deals with more money factor is to scale up production, but they haven't yet done enough. and that's why the people's vaccine campaign is calling for astra zeneca. and in fact, all the pharmaceutical companies to open up their science to share their science and transfer that know how about this, about their vaccines. and they said that we can scale up that production to actually supply the world. but yes, we understand it's based on, on one technology and for that reason it is lower cost. but also, as we understand it, oxford university has put conditions on astra zeneca, not to make a profit,

so we see the bullying of corporations like marriott, mercedes-benzand many more . the ccp talking points lest they face boycotts undermining their bottom line. business executives are enticed to control beijing line lest it limit access to chinese markets. meanwhile we've got covid-19 disinformation, ppe shakedowns globally and all these things are recently telling examples. so all these manifestations of united front work, they subvert it principles that we all share and reflect the intertwined dangers of this source of covert and corrupting influence. so what we see is this what i call fuzzy pandemic activity above the waterline but there's so much low waterline that we have either ignored or simply not recognized. so in my goal today and all along has been justto point that out . beijing's instruments for exerting this influence are enormous . in recent years xi jinping has added 40,000 departments making it fourtimes the size of the state department's foreign service corps . that doesn't even count the other part of the beijing party state that play a role in s

low cost carrier here in the u.s. 22 percent at one point the walt disney company 14 percent and marriott to the international hotel chain over 20 percent jump in their stock price these are all companies that have suffered badly over the last 6 to 7 months because of coronavirus and now you see just this this euphoria if you will with investors trading to get in on this market seeing that with this vaccine perhaps people will start traveling again and that's why these stocks are going so high but there's another flip side to it as well the companies that are being hurt by this today are this stay at home companies the ones that have benefited over the last 6 to 7 months because of coronavirus and that's something such as zoom of course we all use zoom now right zoom stock went down by as much as 17 percent amazon 5 percent and netflix one point down 8 percent but overall the big message from wall street today is that there is a lot of excitement about this potential vaccine and you're really seeing that in the markets as one trader he said suddenly we have hope there's a light at the in.

that is hurting names like avis marriott hotels, expedia, as an adjunct to the reopening play, we are positive on that. you also mentioned value accretion. they had perfect liquidity or not, whether they were investment-grade or not. one of our favorite names, dxc communications, is trading at 5.5 earnings power looking when you're out. they have an investment-grade balance sheet. they shrunk the amount of gross debt they had. right even the rotation away from stay-at-home names back toward things that clearly have duration but also highly attractive business models and strong cash fundamentals, we are excited about that. been a management change, and he has done a phenomenal job there. to ask youanted about the distributors. substantially on the news that amazon would get into it. was that warranted? can amazon really compete with those companies of the world, do they want to? larry: the important point is they didn't say that they were competing. amazon is to be respected as one of the most phenomenal companies we have seen across verticals. what they announced was, for long-term pr

stocks are heading higher today we showed you airlines earlier, hotel chains are rallying as well, marriottatt. there you see them up by 2% or better in most cases hilton by 1 1/3. expedia and bookings holding are up as well trip adviser up a penny. the ipo pipe is a big deal and we could see a flood of deals. we're all waiting for it, airbnb we'll expect the big deals coming up on "power lunch. lunch. the already hot 2020 ipo market is about to heat up even further in final few weeks year. 184 ipos have already raised more than $63 billion. that's the second highest total in a decade according to renaissance capital. airbnb could file as soon as this week. it is expected to go public sometime in december the global rental lodging site currently valued at around $18 billion. with us now, the head of research at manhattan venture partners an early investor in airbnb. it is good to have you my understanding there was some urgency on airbnb's part related to employee stock options expiring in order to get this out the door is there another explanation that would tell you why it needs to be don

hotels, marriott's occupation rate up from 9% in february, and even if you look at marriott and hilton of those hotels very aggressive in building more hotels during the pandemic, versus the other chains out there. >> seema, thank you for that josh brown, quickly, can this boost u.s. exporters or names like apple, or do you think equally offset by more lockdowns in europe? >> yeah. i think the latter is probably going to be the case like i don't -- i don't see anyone materially moving their earnings estimates based on any of the positives there and, to your point, like the renewed lockdowns, that probably puts pressure on sentiment, which affects the multiples we're paying for these stocks. i wouldn't use that as a reason to buy or sell right now. >> we've got over two minutes left in the session, mike. what's been jumping out to you in the internals today >> really, some weakness, wilf seems like we have one or the other formula on a day-by-day basis. either the indexes don't do much and under the surface things are much better or the opposite. obviously today say day you have almost

who is a national guardsmen, 19 or 24 years old, he is about to become a sheriff, and he was in a marriott you band that helped me with the get out the boat event and a really incredible young man who i very much admire. by him seeing me being a candidate at a young age, already five, perhaps he will be inspired to run for student government to get an early start and see he can get involved with his community. we can't ignore the elephant in the room. it seems like the narrative of the latino vote has to be involved around florida, particularly miami-dade county. president trump improved the margins by -- from 2016 by 22 points. however, you mentioned it before, and i know that you will view this as glass half-full and not half-empty. i live in miami. saw the ad day in and day out. i saw the misinformation, i felt the misinformation really be ingrained in the minds of voters here. -- you have to include other essential americans. like you tod address more or less the same issue when it comes to florida. cuban, but the republican party always said anything was better than the democrats. las

this is video of last year's event at the oakland marriott. this year, that's where meals will be cooked and then they're going to be distributed to food pantries. several thousand will also be delivered directly to people who are homebound. oakland's day of banks will be held two days before the official holiday. >>> a big day for the 49ers on this nfl sunday. flying north to seattle for the first time since this heartstopping victory last year and the seahawks are the ones on top of the division this time around. next, hear why this game is only just the first test in seeing if the niners can make it back to the playoffs. >>> but first, before we get to that, let's get a check of the weather with frances. >> hi, liz. good morning, everyone. here say live view from sutro, looking down to san francisco. clear skies over the bay area, another treat in terms of weather for us today and first we have a great sunday activity definitely a creative dessert and supposedly very easy to make. check out the apple bagel on your daily clip sponsored by ti

reopening stocks he thinks are mispriced -- gm, booking, darden, capri, hilton, marriott, coca-cola, energy plays like exxon, air looinls like jet blue, delta, alaska. brenda, what do you think about those? part of me looks at those names and says i go back to the way we started this conversation with tough winter, cases are exploding, vaccine not going in anybody's arm in sort of mass quantity any time soon is it in some respects too early to buy some of these names, even as mispriced as they may look today? >> yeah, our preference would be to go to something like booking where you get exposure nor than one category within the travel and leisure space. i don't think it's too early to stop kicking the tires on this and see is this company going to remain solvent we can look forward and say it probably will be around 2022 when we start to see that happen our preference is to take a more diversified exposh we think that we will see things come back much quicker than they would during an ordinary recession scenario here. because we're all tired of being at home, we all want to see famil

plus hotel stocks like marriott and hyatt both down more than 20% so far this year and the american hotel association out with a very stark warning, more than 70% will close in the next six months without some kind of federal assistance we've got those details. much more coming up ahead on "power lunch" keep it right here we love the new apartment. the natural light is amazing. hardwood floors. there is a bit of a clogging problem. (clog dancing) at least geico makes it easy to bundle our renters and car insurance. yeah, helping us save us even more... for bundling made easy, go to geico.com >>> welcome back shares of tesla hitting another all-time high today. the stock up 500% this year. it's nothing compared with nio up 1,100%. let's get details of today's announcement from our own phil lebeau >> hi, kelly this is a big investment general motors is making a and a big commitment to do more in regard to electric vehicles it was plan on insisting $20 by 2025 now they're saying add on another seven. they will cut the ev battery pack costs by 60%. that's a huge goal by mid decade and selling

we saw hilton and marriott cell billions this year for future use of the credit companies.oyalty programs need people to use those points. even black friday, virgin atlantic is selling their miles at half off. you can fly to new york or l.a. $1000 or $1500 when you factor in the promotion. it is a great time for consumers and i do not see prices going up. supply and demand, still so many people sitting it out until they can get a vaccine which may not be until the end of next year. a good time for deals. lisa: something has to give. we are looking at a market that has been decimated. if you look at the lawsuits in the airline industry projected, how will they recoup that, and if they do not does that mean no soda, charging for your luggage, talk about the practical implications of the quality of life aspects of these hospitality industries. brian: the airlines have actually made it better for consumers in waving most change fees. you can now book the cheapest flight and change it for free. they say that before ever. a shoe is going to drop at some point. the way they are do

insurer, the agency that stores information about all government employees, even records from the marriottwley says tiktok is just the friendly face of chinese data harvesting. so what would the chinese communist party do with all this information? >> senator hawley: build dossiers, build files on every american who they can get their hands on. we could ask the same question about the equifax breach. why would the chinese government be interested in the financial history of hundreds of millions of americans? what are they gonna do with that? well, clearly they thought it was very, very useful. >> whitaker: hawley says tiktok shouldn't be allowed to operate in the u.s. unless it separates completely from it's chinese parent, bytedance. a deal to sell a piece of tiktok to walmart and the u.s. software giant, oracle, is in limbo, because china is blocking the export of tiktok's proprietary algorithm. bloomberg news likened that to selling k.f.c. without the colonel's secret 11 herbs and spices. >> senator hawley: i want to see the actual terms of the deal. the platform, the app platform, has

in many ways it's pushed expedia, booking, marriott to invest in their own vacation rental platformss what travelers are booking. homes have become increasingly popular as urban residents search for locations outside of cities to work from home and while airbnb did see bookings fall in the first nine months. year it did fare better than the direct competitors though those numbers account for flights and hotels trip advisers wants in on the $70 billion home market building out on its own vacation rental site with over 850,000 listings, but ceo steve coffer sees demand over time returning back to hotels steve joins us in "exchange exclusive. welcome back good to see you today. i know you've had a chance to look at the 1 d.a. 1 your thoughts on its financials? i assume you're not putting money into airbnb as you think consumers shift back to hotels from homes over time. >> i think travelers want choice and want to stay in a rental in parts of the world in covid time and also want hotels and concierge services and we're looking to fill every desire of travelers looking for a great vacati

i'm just looking at marriott, and wynn, and zf corp., and caterpillar, they are up slightly but the otherdown on the year, and the valuations are so compelling, if you believe that we are going to get back to normal, so i could absolutely see the reversion to the mean trade happen in the short-term, but to the extent that some of these stay-at-home stocks fall, and i don't mean zoom, or peloton, i mean like a sales force or alphabet or even an amazon, if these stocks come down substantially, then you want to pick away at them. they do have such strong growth, secular growth, but you want to have some of these other names that really could pop strongly, and we're seeing that today. it certainly makes sense to me this is all about diversification. that's why you want to have it >> stephanie, here's the thing i don't understand either we believed -- and maybe you think the time line has fundamentally changed. i would argue it hasn't changed. this news today is fabulous, but i think, and i don't want to say it was baked into the market because clearly it wasn't but i do think that the smart p

this is video of last year's event at the oakland marriott. it's a fantastic event, but you can see, it's hard to social distance. so this year, that's where meals will be cooked but then they'll be distributed to food pantries. several thousand will be delivered directly to people who are homebound. oakland's day of thanks will be held on tuesday, november 24, two days before the official holiday. >>> if you looked up last night, you may have seen a rare blue moon. the phenomenon happens whenever there are two full moons in the same month, hence the saying "once in a blue moon." this was the first blue moon on halloween since 1944. here is a look from over the bay bridge. such a beautiful, beautiful sight. in case you're wondering, the term "blue moon" has nothing do do with color. the moon can sometimes appear blue because of dust or smoke particles in the earth's atmosphere. people got their own videos and photos last night. here people gathered to film the moon's rising. you see the city hall lit up orange for halloween. frances, i know yo

the problem is if we get another hack like we've seen at target or home depot or marriott or places liken info for any of those sites but if that's the same one that you're using for your bank account, let's say, then that becomes a bigger problem. >> ted is with bankrate.com. he has a lot of good advice. if you're an overachiever, you can also use a password manager. check your credit report frequently, freeze your credit report, read your financial statements. >> almost all of us are taking risks data. i say this not to scare people but we can do better. if you do big stuff well, it covers up smaller sins. >> ted there totally nails it. few of us do everything. so we end up doing nothing. we're just so overwhelmed. ama, don't do it. do a couple of easy things. read your statements, don't reuse passwords. >> that's such a hard one but great advice. great advice. thanks, michael. >>> all right. the city of danville is getting ready for the holidays. this morning crews installed holiday lights on the old oak tree downtown. they have to shut down one lane of traffic on diablo road to do it

we have expedia earnings after the bell, marriott reporting earnings on friday the conversation willer, how they're willing to spend their money ahead of the thanksgiving season as we get closer to that holiday. >> and how those industries will fare under this new administration, whatever that is shaping up to look like. seema, thank you so much we appreciate it seema modi >>> that does it for us on "the exchange" but stick around for "power lunch." a constitutional law expert will lay out the possibilities. atr thenortylemais f th right after this quick break. if you're concerned about the environment and climate change, how do you find companies that are driving the right outcomes? if you care about economic equality and social justice, which firms are addressing it in their workplaces and their communities? for nearly 40 years, calvert has delivered competitive returns by investing in companies making a difference because we see value in doing good. talk to your financial advisor about investing responsibly with calvert. talk to your financial advisor about investing responsibly w

this is video of last year's event at the oakland marriott.his year, that's where meals will be cooked and then they're going to be distributed to food pantries. several thousand will also be delivered directly to people who are homebound. oakland's day of banks will be thanks will be held on tuesday november 24th, two days before the official holiday. >>> frances, hard to believe we're officially in november now. >> we're in november and we have a gorgeous day ahead. check out this live camera shot, the sun rose at 6:35 this morning, and it's going to set at 5:10 this evening. above average warmth expected, and even a chance of rain in the accuweather seven-day forecast. details coming up. >> frances, thank you. >>> also ahead, a big day for the 49ers on this nfl sunday. flying north to seattle for the first time since this heartstopping victory last year and the seahawks are the ones on top of the division this time around. next, hear why this game is only just the first test in seeing if the niners can make it back to i just add a spoonful

marriott. this site had to harmonize. and then a third constraint that developed along the way is that we were instructed to preserve the existing park. that initse itself had to go to inevitab inevitable. we had to work in the contours of the existing park. that also channelled our selection. so that memorial based on architectural form was a nonstarter that would never work in a site like this. and it meant that in the end there was a lot of very interesting designs that we looked at that were ultimately discarded. about two of the five left were in this part of philadelphia. but within those constraints we had two key and related choices. the first is do we go to open competition or do we have a prescreened competition. we have select designers that will come platter, or do we choose the firm and invite them to have their dine concepts and proceed from there. we have closely studied that, we largely agreed, and frankly you know, we are, you know, we thought the vietnam veteran's memorial competition was a success story

marriott was above 130 it's now below 118 so you ve so you pra so you really have to watch how a lot of these stocks are trading. >> court, you were with us the other day. you were looking forward to the day when we would have good vaccine information. we got that today. so what are you doing now with your portfolio >> hey, scott. good to be back again today. it's kind of interesting my portfolio today, i've really kind of been just watching where i am as you mentioned, i have been loading you on names that i liked during a lot of the dips had a great opportunity to have t the toopt opportunity to do that it's clearly working out on my side today we have optimism and have hope again and we have certainty in our market, another critical piece as we think about why we're up, peter, today at this point in time. at our desk, i said to one of our traders, we're better to buy 2-1 and all of our clients are institutional clients, better to buy 2-1. by the same token we're seeing buys in nails like uber that one would have said it's at its high, should you be buying today? that's showing a c

at the marriott, only about 20% of its rooms are occupied.ller's office says it could take up to six years for the tourism industry to fully recover. >>> as covid-19 cases skyrocket across the u.s., there is new hope this morning for a vaccine. jobina is tracking a big announcement from astrazeneca overnight. >> thank you. astrazeneca announcing overnight it's preparing to submit paperwork for emergency authorization for its covid-19 vaccine in countries around the world. the drugmaker is working with oxford university to develop the vaccine. trial results are showing the vaccine is up to 90% effective when people are given a half dose then a full dose one month later. the fda says it will review pfizer's request for a vaccine authorization on december 10th. a vaccine could prevent what happened to one texas family, alexa says 15 family members got sick after some of them went to an indoor birthday party. >> we all want to i plea that my family's story can act as a learning lesson for all of us. we took precautions. i think that the story is

here with a great mayor of washington dc, marriott bowser to celebrate the small , but toes that arecelebrate small businesses all over our country. they are suffering and we want to support our small businesses. they are an essential part of the lifeblood of the community, part of the civic and social fabric of the community. started one and for small businesses in our country have closed. we know that we are going to get beyond this virus and we want to make sure that we sub stain the small businesses that help through this moment so they can continue to do what they do which is about being not only business leaders but civic leaders. they are part of the culture and part of the vitality of communities. we are here to celebrate our small businesses and we want to thank the mayor for hosting us. vice president-elect kamala harris in washington, d.c.. back to your phone calls, let us know what closures and restrictions look like in your part of the country at the tail end of the thanksgiving holiday. this is sandra from florida. good morning. caller: it is pompano beach. host: i alwa

quick, i was wondering if staff could give us insight and it can be done to update me offline on 7 marriott drive on how the difficulties are being experienced there. obviously, i am weighing in here and maybe we can help this gentleman mr. o'connor, kevin o'connor on the there is anything we can help with his mother's property, i would appreciate it. >> i would be happy to put a report together regarding where we are with that and report back to you when we have that generated. >> thank you. >> one correction. it is in budget and finance committee. >> that may beings more sense. >> my apologies. >> thank you. we are at the next item 8. review and approval of the minutes of the regular meeting of august 19, 2020. >> i may being a motion to approve the minutes. >> second. >> there is a motion and second. who seconded? >> kevin. >> all in favor? aye. >> any opposed? any public comment on the minutes? seeing none, the minutes will be approved. thank you everybody. item 9. is from a motion for adjournment. >> so moved. >> so moved. >> great. >> all in favor. >> aye. >> we are now adjourned. it

seen him sleeping in a courtyard, it's because he thought he was booking a room at courtyard by marriott so comfortable! when's the turnover service? plus they have all the networks." and it just keeps getting better once you learn what else was near the landscaping company again, this is where the president's lawyer held an official press conference falsely alleging a scheme of wide-scale voter fraud in order to undermine an election >> originally, the president billed this as taking place at the four seasons hotel in downtown philadelphia, but it actually ended up being held in the back of four seasons total landscaping, no relation to the hotel. very far from the center of philadelphia next to fantasy island adult books, across from the delaware valley cremation center >> seth: that's right, they held a press conference at a landscaping company next to an adult bookstore and a cremation center so, it was one stop shopping for rudy "this is great i can get my hedges trimmed, pick up a porno mag, and then get cremated! i can't wait to pick out my urn! the only thing missing from this sc

. >> exactly, and in fact earnings calls from marriott, hill op and hyatt suggest that group bookingsdy on the rise for the end of 2021 on the expectation that by then a vaccine will be widely distributed and available. so i'm not sure everyone will agree with bill gates' forecast. now, of course, he is referencing the fact that perhaps some of the work-from-home strategies used by corporations, some of that will be permanent for some teams but there are sales executives and consultants that are really just waiting to get back on the road when they can >> robert, what do you think >> yeah, look, i think bill gates doesn't run a company, and i think, you know, for types of meetings that he has to go, to he mentioned that usually he goes to this pharmaceutical meeting five times a year where he just did it by zoom, but an executive of microsoft said we do expect travel to resume to previous levels. they didn't give a time frame, but i think you're right the armies of sales people that will once they can get on a plane to get new business and attract -- and get the current business, i th

with marriott. i like it. let me give you the technical buy. it's been bumping its head against this declining 200-day the. the trigger is 92.50 breaks that 200-day, snaps that year-long downtrend. you're going to be want to be in this stock. >> okay. >> i would take five points of risk for much more upside. >> got to run. jim, qualcomm, we'll see everybody tomorrow "the exchange" "is now >> thank you, scott, and hi, everybody. welcome to "the exchange." historic day for the country as americans vote in an election unlike any others. voters head to the polls, at least ones who haven't already turned in their ballot and with businesses facing a very uncertain future with the pandemic and record voter turnout, record political angst and record campaign cash has been raised are, and for all the concerns about a contested or delayed outcome today. stocks are up strongly for it the second session dow up 1,000 points since monday right now up 533 that's a 2% gain and we're seeing it pretty much across the bore for more let's get right to bob pisani t

and the marriott is the health policy manager at oxfam. she says the news last word is encouraging. if they do, you really want this to be a vaccine for the world, then we have to address the elephant in the room. and that is the supply issue. we don't have enough supply of this vaccine for the world. and, and, and it's true that astra zeneca has with oxford and under oxford university, it's instruction we understand have made more deals with more manufacturers to scale up production. but they haven't yet done enough. and that's why the people's vaccine campaign is calling for astra zeneca. and in fact, all the pharmaceutical companies to open up their science to share their science and transfer that know how about this, about their vaccines. and they said that we can scale up that production to actually supply the world. but yes, we understand it's based on, on one technology and for that reason it is lower cost. but also, as we understand it, oxford university has put conditions on astra zeneca, not to make a profit, particularly in developing countries for the duration of this pa

15th street, the department of commerce, the wilson district building, freedom plaza, and the jw marriott. very distinct and different urban structures, urban spaces. this site had to harmonize and be complementary to those sites. and a third constraint the developed along the way was that we were instructed to preserve the existing park. that in itself is an interesting object lesson in design of urban landscapes. we resisted but had to ultimately yield to the inevitable. we had to work within the contours of the existing park. and that further channeled our selection. that meant that the memorial based on an architectural form was pretty much a nonstarter. it would never work in a site like this. and it meant that, in the end, there were a lot of interesting designs we looked at but ultimately they were discarded. about two of the five finalists i said, i would love to see this park built but not on pennsylvania avenue. within those constraints, we then had two key and related choices at the inception of the memorial development process. the first, as justin alluded to, was do we go by

to be honest, we have been able to put our trash in a jumpstdu behind the marriott. i know that the bill for other c.b.d.s have run into the thousands of dollars each month. to supervisor peskin's point, our services are supplemental to the city, and yeah, i've never understood this either, how they could charge us for picking up trash in the public right-of-ways. c.b.d.s do not pick up trash on private property, we are responsible for the public right-of-way. >> chair mar: mm-hmm. mr. corgis, could you just talk about how much we're talking about for other c.b.d.s, just generally, payment to see recology? >> without -- payments to recology? >> without having the bills in front of me, i can't say, but it's the ones that were established more recently that were getting the bills. western soma is getting charged tens of thousands of dollars a month, and last year, they picked up 50,000 pounds worth of trash in the public right-of-way. >> supervisor peskin: this is nickel and diming people to death. this isn't why we created c.b.d.s, to give recology another funding bas