marriott and starwood getting together? >> well, we'll be about 1.1 million open hotel rooms, we'll have a pipeline of 350,000 rooms for signed deals which will be opening in the next few years. between those two, almost to 1.5 million rooms. 30 brands in 100 countries. we will be very strong in the luxury and upscale space. we'll have w and we'll have some brands which really are exciting and appeal to lots and lots of travelers. i think more important than that, though, is the size will give us the ability to continue to invest in our ecosystem. think about the marriotts reward program and spg program, two of the strongest loyalty programs in the hotel business. we think we can make them stronger by aligning them together and drive better benefits to our folks that ties them more tightly to us. >> in terms of cost savings, the talk is $200 million in cost savings a year by the time, you know, in the next couple of years, once this is closing. what does that mean in terms of job cuts and do you expect that that's going to

people have named hiett -- hyatt, starwood, reportedly. if they don't do a deal, they can become a target. intercontinental hotels has received takeover interest. not seriouslyre exploring sl, but people expect something to happen. forne: we will watch out that. thank you. the u.s. may be investigating another alleged on reading scheme that could involve more than $9 trillion. regulators are examining possible manipulation of debt issues by the world bank, and various government entities. bloomberg news is tracking this for us from washington dc . he spoke to angie lau earlier. guest: this seems to be, from what we know, a new front for the justice department, and aese are bonds issued by whole range of issues, including the world bank, asian development bank, fannie and freddie in the u.s. a very large universe of bonds. angie: is there something that is causing these investigators to say, something was amiss here? reporter: we don't have that detail at the moment, but as part of these previous investigations that the justice department h

, i believe starwood would be higher if it were not for the deal.ve up. the reit -- look, airbnb is cutting into the business. airbnb is a disruptor for certain. >> no doubt. >> have you used it. >> i have not used it. >> no? >> no. >> we've used it. >> yeah. >> looked at it, not used the services. >> it's very attractive. versus a hotel room. >> caterpillar up more than 2%. what -- are we get nothing some weird year-end season? >> stimulus, stimulus, stimulus. always some guy who says it will be stimulus, you have to get into caterpillar. stock is inexpensive if there's stimulus. i think that whole story -- that's one of the fake out stories of 2015. the china stimulus story. right? never panned out. they've been stimulated, but whatever they're doing, it's the consumer. i prefer -- i don't know how nike will report tonight. nike is doing well in china. in part, by the way, because of basketball. a universal sport. >> yeah. >> take two interactive has the nba franchise for gaming. fantastic in china. fantastic. if you had bought disney going into t

hilton, starwood and the trump collection hotel chain have also experienced problems. >>> pilgrims of many faiths are gathering at the church of the nativity. many people believe the places the birthplace of christ. celebrator's are celebrating at the holiest of locations. there is music in the mayor -- in cody major square. >> it's a new experience for me. it's pretty cool out here, especially in the city. i like the church over there, the nativity church. >> security is high in the area. turmoil and violence has engulfed the region in recent months but as you can see, that is not keeping the christmas celebration from taking place. >>> starting today, kids can track santa as he makes his way around the world. norad, the north american aerospace defense command has put together a team of volunteers who will take phone calls from kids around the world who want to know where center is. we just checked, santa is in israel. if you want to track him, go to our website, ktvu.com and find they norad website. >>> this may be the last game for charles woodson and potentially the last in oakla

other hotels that have also encountered similar problems include hilton, starwood, and trump collection chains. >>> time is 4:39. and a family of six had their christmas wish granted. coming up in just 20 minutes, how they were able to find a home just in time for christmas. >>> and i get to witness what i call miracles every day. >> calm her a stress reliever at a bay area hospital. what this longtime volunteer does that has so many people grateful. >> well, our next system is moving in. already reports of rain. some slower -- some lower snow levels and some thunderstorms. plenty going on here for this christmas eve. >>> the tour bus company at the center of a new crash. the double decker bus careened out of control in union square injuring 20 people, seven of them critically. a surprise inspection conducted after the accident found city sight-seeing had an unfavorable safety record and houred unqualified drivers. the inspection uncovered a number of violence -- violations with the company's fleet. the chp found inoperable emergency exits on a number of buss and one with a potentially

last month hilton and starwood hotels said their payment systems were also breached. >>> your wish is answered. columbia house is getting a relaunch, but there is a little bit of a twist. "the wall street journal" reports the new owner wants to revive the mail order company with vinyl records. johnhn lipman rchased the company at auction for $1.5 million, but it is unlikely that the 12 lps for a penny model, that that is coming back. >>>> okay. >> we'll take it. >> we'll take it, huh. >>> when we come back, a community demanding answers because of a woman's death after she's forced to lee a >>> and smashing into a store truck used in a smash and grab. stted within the last two days. before taking tamiflu, tell your doctor if you're pregnant, nursing, have serious health conditions, or take other medicines. if you develop an allergic reaction, a severe rash, or signs of unusual behavior, stop taking tamiflu and call your doctor immediately. children and adolescents in particular may be at an increased risk of seizures, confusion, or abnormal behavior. the most common side effects are m

last month hilton and starwood hotels said their payment systems were also breached. >> your wish is answered. columbia house is getting a relaunch but there is a little bit of a twist. "the wall street journal" reports the new owner wants to revive vinyl records. john lipman purchased the company at auction for $1.5 million, but it is unlikely that the 12 lps for a penny model, that that is coming back. >> okay. >> we'll take it. >>> when we come back, a community demanding answers because of a woman's death after she's forced to leave a hospital. >>> and smashing into a store getting away with the goods, a truck used in a smash and grab. right when you feel a cold sore, abreva can heal it in as few as two and a half days when used at the first sign. without it the virus spreads from cell to cell. only abreva penetrates deep and starts to work immediately to block the virus and protect healthy cells. you could heal your cold sore, fast, as fast as two and a half days when used at the first sign. learn how abreva starts to work immediately at abreva.com don't tough it out, with abrev

. >> just give us the back story of how it happened. >> well, starwood and marriott are coming to thearriott, there's a friend of mine, a guy named arnie, biggest hotel company in the world, and shall we say that frees me up to do something better or different? and what is more fun? >> how? >> somebody call me. i've been a long time movie fan, a movie buff, and being in the airline business and cruise line business and ski resort business, in my career, i sold a lot of tickets to things, sure we sold a lot of tickets. >> as you look at the new big, and you look at the shifts taking place in the film business, what do you see happening over the next five years? >> two things happening, and they are very important. technology is going to give them more clohoices in watching movi, important for amc, the largest executive in the world to make sure we participate in the technologies so that our revenues stay strong for years to come second, we have 353 movie screens in the united states alone. it's really important that we make the movie going experience at movie theaters spectacular. >> t

jon: there's a big hotel merger, marriott and starwood. that will affect people who like those hotels loyalty points. >> it is. we have seen the mergers that have happened in the airline industry, made some very profitable and hotel chains are seeing that and seeing how they can benefit from that. we saw the takeover, marriott is taking over and they are emerging as well. we will see what happens with the other ones. jon: you think going after those points, trying to use credit cards or whatever gets you points on a particular airline is the way to go. >> there's a lot of value, just do it right and different than it was before. so much value still to be had. jon: thanks very much. lea: we would invite you to watch a special program tonight on fox news right here called american journey. every the past year, we had some unique opportunity to explore america and all the things that make our country great. they will take you on a patriotic journey through history, american journey airs on fox news channel tonight at 10:00 p.m. eastern and to

starwood was above those prices. these are three deals that say to me don't get too bullish here. these combinations would have been very well received and starwood would be at 79 and dow would be at 60 and i believe that allergen would be at 340. antitrust concerns and that this market is hazardous is driving these stocks down rather than up. it's very significant because consumer is not as strong as we thought. industrials very weak. it's time to tighten. >> credit concerns today, third avenue, brazil, yum, the triple c yield spiking 17% this week. highest since '09. >> there are many companies that are borrowing money to pay dividends. that game is over. over. i said last night on the show, you have to start selling some of these stocks. we have to hear what david has to say, but i wish i could be more bullish. i just don't have the horses. >> we're not done for the day of course in terms of data. we'll get university of michigan business inventories in a bit. when we come back, the ceos of dupont and dow chemical talk about that blockbuster merger in a live interview. futures

hilton, mandarin oriental and starwood also found mal wear on their systems this year. if you're one of the many people who will find new technology under the tree tomorrow, there are a few things to keep in mind before firing up your new toy. mary maloney explains. santa placed tech presents under the tree, there are some things to consider. before using the internet on a new smart phone, tablet or laptop, go to the settings tab if kids will use the gifts there may be additional oceans. >> you might want to look through the parental controls, in the settings and you can enable any restrictions that will make you feel comfortable giving that to your son or daughter. reporter: also economic for the latest software update and antivirus protection. but if that gift isn't a perfect fit, don't worry. >> make sure you have the receipt. if you don't have the receipt, at least figure out what store you got it from. and don't go taking it out of the box if you're not going to use it because that's generally a no-no for when it comes to the returns the next day. reporter: retaile

last month, starwood and hilton reported similar.ou stayed at those hotels, check your bills. >>> let's see what is coming up on "new day." we have alisyn camerota with more. merry christmas eve. >> thank you. we will follow the deadly storms striking the south. there are incredible survival stories and the climbing death toll. also what is in store for the next few days. >>> also, chris brings us an interview with presidential candidate bernie sanders. the self described socialist opening up about the polls and his plans for the white house and donald trump. >> we won't miss it. >>> did you finish your christmas shopping? >> almost. one last thing to get as i head out. >> i will give you ideas after the break where you can go if you are a procrastinator. an early start on your money is next. discover card hey! so i'm looking at my bill and my fico credit score's on here. yeah! we give you your fico credit score. for free! awesomesauce! the only person i know that says that is... lisa? julie? we've already given more than 175 million

other hotels that have also had similar problems over the past year including hilton, starwood, and trump collection chains. >>> it was a scary ride for passengers that had to make an emergency landing not oakland. the plane took off from oakland at about 6:00 yesterday morning headed to chicago, but right away, there were problems. passengers say the flight crew came out of the cockpit to tell them there was a problem with the landing gear. many of the peoplen o board already knew something was not right. >> well, i knew i was in trouble right away when we were taking off. i looked to is side of the plane on the left and you there were flames, sparks, some loud gunshot-like noises. >> i thought it was the end. i thought we were going down. awe did not and flew in the air. >> the plane circulated burning off the field before returning to oakland. most after the passengers were rebooked to other flights. most said they were done with flying for the holidays and were just going to go home. >>> investigators for the national transforation safety board and the faa are troying to figure out wh

. >> sam, this starwood marriott merger, good for you? bad for you? squeeze you? aren't going to get the offers you used to get because of the consolidation? >> most of our business is through independent and boutique hotels. that's one thing that people really like about hotel tonight is we help them find these great independent properties that provide this authentic experience of a really personalized stay. we do some business with those brands, but the real bulk of our business is through independents, and so this consolidation doesn't impact us as much. i think that we'll see probably more consolidation especially among the big brands as they look to compete with these independent hotel wrshz. >> if i made you a regulator, though, what would you do? would you let these things happen? are you a fan? >> you know, that's -- unfortunately, that's not my line of business, but yeah, i don't see it as being too big of an issue given the competition in the market. especially now as you are seeing independent -- or from other new companies like that are doing home away

today the hotelier file that proxy statement we have been waiting for to acquire the starwood hotel chain when the news broke. it is restarting its share buyback immediately. netapp shares are at session highs. you see the trend here? session highs all of the place kick but they are still in the red. they hit the lowest level since 2009 after they announced in $870 million deal to buy the company solid fire, of flash storage company. rbc capital downgraded the stock to sector perform from outperform. finally, yelp is having its best day in a month. it is not part of the nasdaq 100, but important to note that shares are at session highs by more than 7% because there is speculation happening out there that it could become a takeover target. yelp is finding some support from its outside short position. turns out 17% was sold short as of november 30. chipotle is dealing with another food scare. cdc says five people have gotten sick after eating at restaurants in kansas, north dakota, and oklahoma in november. it is down 7% since yesterday, overall a bear market since the reports of e. coli ha

they hate the starwood deal, the jarden deal, the newell deal.r allergan, but they love vrx because it stayed independent! >> this is like a different opposite world. look at that. he's walking off. >> it's fine. everything good, david. >> we'll talk some deals and valeant next. announcer: sleep train thanks all those who helped make a difference last year for thousands of local foster kids. thank you for helping foster kids. thank you for the school supplies. thank you for the new shoes. thank you, secret santa. and thank you for donating money. announcer: your generosity proves that while not everyone can be a foster parent, anyone can help a foster child. thank you. thank you. gracias por su ayuda. [baby coos] thank you. >>> you're watching "squawk on the street," live from the financial capital of the world. day one of a two-day fed meeting today. cpi hits 2 year on year. oil managing to climb almost back to 37, jim. we're in a market that oil -- i was doing work last night. alphabet, formerly known as google, ticked up $20 when oil went up 7

like in addition to hilton is marriott, and we do think the transaction that was last month with starwoodnk that will start to get baked into the stock price. probably more in the second quarter of next year. the benefit to the transaction from marriott will get baked into the stock price in the second half of the year, once the deal is close to closing and you can then really put pen to pirp paerp in terms of what the benefits and the sin erj jis will be. those are the two names in lodging that we like, and we would stay away from the more asset intensive lodging reits right now. >> it's great to see you, joe. joe greff joining us. thank you. >> thank you. >>> want to show you what's happening with the markets. we've taken a leg lower here. the dow is now down 134 points. all the s&p sectors are in the red, leading us lower, though, are energy names and gold names are getting absolutely hammered at the bottom of the s&p right now. as we look at the price of gold getting pummelled. maybe that federal research interest rate hike isn't sitting as well as initially thought. the s&p 500 right

for two more weeks i'm in the hotel business as ceo of starwood hotels and resorts.4th i go into the seat of ceo of amc entertainment. what a time to join amc. i'm going to the screening in manhattan of "star wars" tonight. it's going to be a huge weekend for "star wars" this year. our advance ticket sales at amc for "star wars" are the biggest by far of any film that we have ever known. >> so you guys have 5200 screens how many are showing "star wars"? >> about 1500 or so. but we're going to have 40 theaters that are showing it 24 hours a day. >> wow. >> it's on a thousand more screens than the most recent big opening that we've had. now, here is the good news. as much as advanced ticket sales with been blowing through the roof, we still have 3 million seats for sale for "star wars" on opening weekend, so there's a lot of opportunity for moviegoers to see "star wars." >> there's also a lot at stake for this release, putting the box office for 2015 in the black after a string of recent dispoints and people are saying at 2016 it's going to be hard to increase ticket s

last month hilton and starwood hotels said their payment >>> your wish is answed. columbia house is getting a relaunch, but there is a little bit of a twist. "the wall street journal" reports the new owner wants to revive the mail order company with vinyl records. john lipman purchased the company auction for $1.5 million, but it is unlikely that the 12 lps for a penny model, that that is coming back. >> okay. >> we'll take it. >> we'll take it, huh. >>> when w we come bk, a communitdemanding answers because of a woman's death after she's forced to leave a >>> and smashing into a store getting away with the goods, a truck used in a smash and grab. right when you feel a cold sore, abreva can heal it in as few as two and a half days when used at the first sign. without it the virus spreads from cell to cell. onlybreva penetrates deep and starts to work immediately to block the virus and protect healthy cells. you could heal your cold sore, fast, as fast as two and a half days when used at the first sign. learn how abreva starts to work immediately at abreva.com don't