sebastien said he would not be surprised if we got more room to run.ecially considering how oversold we are. in fact holy cow, sebastien thinks we could see the s&p 500 pop to new all time highs. with the volatility index falling down to 11. granted the volatility index is on its way to being up year over year, but whatever it is going to take this market down a peg he doesn't believe it will be a crash in china. sure sebastien believes our big intermodal year rally will run out of gas, but based on the action of the vix he doesn't believe that time has arrived just yet and if the fed decides to be logical tomorrow and once again pushes off raising interest rates to a later date because of the situation in china, sebastien might turn out to be very right. you know i'm gratified that today we were led by stocks other than f.a.n.g., facebook, amazon, netflix and google, which means we could have a set-up that could have real staying power. sebastien's work confirms it and could be compelling stuff if china goes down softly rather than viciously and the f

sebastien: you are correct. we need to be an actor.eo marketplace, we decided that we are good to be disputing -- independent hotels will be benefiting micro-distribution. atber two, let's look airbnb. it is a very strong model. it provides a local experience to international guests. their visit when they go to airbnb. why can't we do the same in the hotel industry? of course we can. through the couple hundred employees we have, let's get this interaction between future guests and employees in a much more local experience to make it more likely. just listen to what has worked elsewhere and incorporated in my system. francine: what about for exchange? sebastien: foreign exchange is for the first semester. i want to control my destiny. controlling this meet means getting the action moving. getting your financial muscles invested in contracts. i am putting foreign exchange on the side, because i do not control it. manus: you sound like a fairly go-ahead ceo. wereyear one billion euros spent on acquisitions. i talked about the organic stor

sebastien vettel back in the title race consolidating a position in third. nine races. next is in belgium, 23 august. >>> chris froome has become the first british rider to win the tour de france. he negotiated the stage, won by greipel. the team skyrider that won in 2013 was pretty much guaranteed first place in the general classification after going into paris with a 1 minute advantage. the clock was stopped 41km into the 109.5 stage meaning froome had to officially complete is to be crowned tour de france champion, which he did, winning the race by 72 seconds. >> double olympic champion mo farah has been questioned by the u.s. anti-doping agencies as part of an investigation into allegations surrounding his coach. it was reported that farah, seen training in kenya spoke to officials in london on saturday. a tv documentary claimed that his coach encouraged athletes to break rules. allegations have been made against farah, and his coach denies the accusations. >> a third european tour title claimed with victory at the masters in switzerland. he continued the good form

sebastien le toux back at it with the union after a ten game layoff.reless until the 689th -- 69th minute. two minutes later a score. union they must have picked up tips from carli lloyd they win their first-ever match against portland. they pick up three crucial points. >>> ron jaworski and harold car michael have a great time last night. the soul gets home field advantage. they are 8-0 at home after beating cleveland 72-56. final game before the all star break later today in san francisco. that's sports, i'm jeff skeverski. have a great day. >> another half-hour of "action news" just ahead. here's some of the stories we'll have for you. the baltimore prosecutor who filed charges against the police officers in connection with the death of freddie gray will have a big day in philadelphia. >> a sister of a mother of five who has been missing for more than a week points the finger at the mother's boyfriend. those stories and more when "action news" continues. happening right now on "action news," residents in overbrook park are on high alert after a woma

sebastien vettel was third and lewis hamilton extends his lead over nico rosberg to 17 points. >> firstly, thank you everywhere for coming out today and making my weekend. i was gunning the whole way and wanted to do it for you guys so, we did it. i'm so thankful for the support, and i couldn't have done it without you guys i could see you - every lap i saw you in the corner of my eye and felt you purring me along. >> german andre greipel won the second stage. tour de france the 166km stage taking place along the dutch coastline in pouring rain. andre greipel won it in a sprint finish from some quality riders including seguin kavened dish and the yellow jersey has changed riders. >>> more sport on the website. check out aljazeera.com/sport and the latest from the women's world final. >> animals are wiped out at an alarming rate and it's thought half the world's remaining species will be extinction in 400 years, many live in australia, which is launching an initiative to save them. andrew thomas has the details. >> reporter: australia has one of the most diverse selection of animals on ear

to take the checkered flag with the ferrari of sebastien vettel third and williams fifth and sixth. lewis hamilton extends his lead in the drivers' championship over nico rosberg to 17 points. >> firstly, thank you for coming out and making my weekend. i was gunning the whole way and wanted to do it for you guys. so we did it. i'm so thankful for the support. i couldn't have done it without you guys i could see every lap, in the corner of my eye and i felt you spurring me along. thank you so much >>> german andre greipel is on the second stage. tour de france the 166th stage taking place on the dutch coastline in the pouring rain. he won over top riders. >>> sri lanka on top after a third day of a test. sri lankan wickets taken in the hopes of bowling the hosts out. an innings of 77 out. steering sri lanka to 228 to 5, a lead of 291 with two days to go. >>> the world record is being broken for an international football score. the fed rated states of micronesia lost a qualifier against fiji 38-0. you are watching goals 37 and 38. the loss for micronesia comes days after they were bea

. >> reporter: sebastien will be a senior at lowell high school but someday he wants to be in the movie he is hoping ronald's class can help him. >> ron has again me an understanding of art that i didn't have before. >> it's made me so much happier and more fulfilled to realize that you're doing something really valuable for them and watch them grow. i mean, that's what parents do. i just have 500 kids. >> reporter: for helping kids discover their potential through art, this week's jefferson award in the bay area goes to ronald chase. and within of ronald's most -- one of ronald's most popular programs is friday night screenings of classic foreign movies and discussion afterwards and it's all free. >> thank you. you can nominate your local hero for a jefferson award online at cbssf.com/hero. >>> let's get a look at the weather. paul deanno at at&t park tonight. >> hey paul. >> for the sleepover. [ laughter ] >> reporter: yeah. tell you what, wouldn't it be awesome if like you could take your family to the field and hang out all night long? you can do that here in san francisco. it's the

appreciate that, colin sebastien. next up shares of yelp. getting crushed this morning.re than 25%. earnings missed estimates. company gave a lower-than-expected forecast for revenue in the current quarter. 2015 has not been kind. shares down 55% so far this year. jon they've stopped giving monthly metrics. lebchin leaving as chairman. people are looking -- you found a bright spot in twitter. no the sure you found a bright spot in yelp. >> hard to find a bright spot in yelp. i feel like the product experience hasn't improved. it's been getting worse over the past couple of years. when i look at yelp reviews, i've got got to run my own mental filter, on do these people really care about the food or is there some other issue in here, service some side thing that they're ranking this restaurant on, i have to look at the number of reviews, the recency of them, they could have fixed a lot of that stuff. it's interesting to me, one of the notes i saw, not sure if it's mark mahaney's or others, that yelp is suffering from the unicorn effect. a lot of employees that they need, a

. >>> let's kick it over to soccer, sebastien le toux the union.es later union scores. union much pick up tips from carli lloyd. they picked up three crucial points. ron jaworski and heard carmichael -- harold carmichael have have a having a good night. they get home field advantage after betting 72-56. that's sports, i'm jeff skeverski. >> hundreds of scuba divers, hit the ocean after a four hour radio broadcast under water. it happened at the national marine sanctuary. there were under water speakers. some of the songs included yellow submarine and jimmy buffet's if i if i fins, i like how the music was chosen to raise money for the protection of reefs. >>> carrie underwood had to break our own car window and why her dogs are to blame. >> everything is bigger in texas why the owners of the pool in the loan star state are looking for special status. meteorologist chris sowers will have the exclusive accuweather seven-day forecast when we come right back. welcome back, 10:00 a.m., sunday july 12. >>> in the news, she is prosecuting the 6 officers i