where's my suitcase writes, quote, as united airlines investigates this customer's claim it required our company would be in full cooperation as there are multiple touch points in the journey of a checked bag. united tells them it will need 6 to 8 weeks to investigate and that she will need to provide receipts for any item over $100. unfortunately she isn't sure she has all those receipts and that expensive jacket she says that was a gift. and also she's not heard from anybody from where's my suitcase directly since she's reached out to them. >>> online sales surged this year, and having a shorter holiday shopping season than usual might be one of the reasons why. overall retail spending rose 3.4% between november 1st and christmas eve. online sales grew even more than by nearly 19%. that made up nearly 15% of all retail sales. thanksgiving fell on its latest possible date this year, and that meant there were six fewer traditional shopping days as compared to last year, so we were in all a bit of a rush. master card reports last saturday set a record for being the busiest shopping day

, including united airlines. so boeing builds these airplanes. and up the corporate umbrella they only can go to united aircraft and transport corporation family companies. that means other airlines like twa, american airlines don't have this airplane available. and so what results is that twa they ask them, can you help us out? we can't get 247s, what can you do? what results is a winning bid from the douglas company for the d tworks-2 airliner which becomes the dc-3 that you see above the 247. as the 247 starts, it has some ib kn innovations built in that are quite traditional. it has fixed fitch propellers. a cowling ring pay the forward-sloping wind screen. and the result of the need to compete with the dc series of airlines from douglas, you have what results in the 247-d model that you see here. the rear slanting wind screen, full cowlings, and variable pitch propellers. and what i mean by that, is it actually changed the blade pitch as the propeller is rotating. so it's an advanced airplane that increases

and we have united airlines and white up 8%. e airliners that do not have exposure to the 737 max 8 like alaska, like delta, that have been outperforming the market. you are starting to see the haves and have-nots it comes to boeing, airbus, and the airliners. vonnie: taylor riggs with our stock of the hour. thank you very much. let's go to a huge leadership change in the tech world. leaders stepping down from the parent company alphabet. the google ceo will step in, adding the title of alphabet ceo. joining us to discuss the move is a bloomberg tech reporter. are there good reasons or bad reasons or both for this move? this is how its has effectively been going at the company for a while, essentially since the alphabet thing was created the founders have stepped back good google, that core unit of alphabet makes up well over 95% of the entire company revenue. that hea formalization is the one who is running the show. if there's a problem at google, it is on him, if there is success, it is on him. guy: why do we need alphabet in

united airlines ceo surprises investors.ing he will step down after guiding the cpany through some turbulent times. >>> controversial drug, biogenl es new information on the experimental alzheimer's treatment and the results are complicated process. >>> changing the the nfl set it to file a petition with the supreme court appear could change the economics of how you watch football. those stories and more tonight on "nightly business report" for thursday, december 5th. >>> and w do bid you good evening, everybody, and welcome. there is a letteredship change tonight at one of the biggest airlin in the country. united c oscar munoz is going to step down after more than four years in that position. he oversaw one of thein stry's biggest turn arounds. it's still ongoing. he alsoou navigated t some challenges, including cost pressures, labor deals and pr crisis. shares of united fell a fraction today but the stock up about 60% since munoz took over in 2015. phil lebeau has more on the transition and the man will be the next chief

where's my suitcase writes, quote, as united airlines investigating this customer's claim, if required, our company would be in full cooperation as there were multiple touch points in the journey of a which canned bag. united tells mandance it will need six to eight weeks to investigate and she'll need to provide receipts for any item over $100. unfortunately mandance isn't sure she has all the receipts and the expensive jacket was a gift. also she says she has not heard from anybody from where's my suitcase directly since she reached out to them. abc 7 news. >> melanie, thanks very much. >>> three teenagers are dead and two in critical condition after a tragic crash in pleasanton late christmas night. two of the victims were twin brothers. neighbors heard the crash shortly after 10:00 on foothill drive north of castlewood drive. they saw a honda sedan wrapped around a tree and called 911. we'll have more on abc 7 news at 6:00. just a terrible christmas tragedy. >>> in the north bay, sky 7 flew over muir woods today, the popular tourist attraction turned deadly on christmas eve. one of

while this may not look like the most impressive chart relative to a number of the other airlines, guys, united pretty solid year, relative to their competitors. guys, back to you. >> so much going on in airlines this year, phil. thanks very much, phil lebeau. >>> still to come this morning we'll tell you what's behind this massive drop in sage therapeutics, down more than 50% this morning first, our brian sullivan live in vienna with a look at what else is ahead in the show regarding opec hey, brian >> hey, carl you know what airlines need? airlines need oil, by the way so we're going to talk about oil and coming up after the break, i give two reasons to watch. number one, we're going to lay out the three opec scenarios and what they likely mean for pricing. we'll lay it out say here's what's probably going to happen and number two show you the world famous opec stairwell, has its own twitter account. the rumors are flying fast and furiouanwel ha ials d 'lvet l for you, right after the break a. we offer commission-free online u.s. stock and etf trades. and, when you open a new fidelity brokera

talk about how the time to value for cios at company like united airlines, what are they seeing and whyeing this re-acceleration in the fortune 500 to the cloud and companies like okta? >> if you look at the data over the last ten years ept price it from 3.2 to $3.8 trillion. that's 20% growth. enterprise software has gone from about 220 to $440 billion that's 2 x cloud has gone from 7 to $100 billion. that's small that's why when you think about how people implement software, how they deploy it, if you think about software, deploy it, think of the manufacturers of the microphone we have their job is to build the best microphone in the world. how they run an email server is not a competitive differentiator whether it is collaboration, financials, hr, this should move to the public cloud. it should be run by experts who do this for everyone at scale. the microphone manufacturer should focus on how well they can build the microphone if you look at the data, that's why when you talk about time to value, people say, look, i don't want to spend my precious resources. you talk about developer

>>for all united airlines flights. though it was a different story it wasn't busy at all. >>we saw goodbyes at the drop-off oa day when most pele head home after christmas and no rush to catch a flight travelers at san francisco international airport where more relaxed this time around grounds always under glad tt it was nice to see it good to be home and i'm a there's a little delay coming here, but it was fine airport duty managers report no major delays about 78,000 passengers came through as a foe anticipated heavy volumin victoria class spent the holidays in tahoe, it was really fun. it was like 5 days, but it was nice and walked around the village and was really nice glass and her family are spending extraime together before getting through airport security go back to spend part oftheir. >>christmas and new year holiday in hong kong and then i'm going to end the balance of mind here in the united states we found tim know al jet traveling from australia with her mother and aunt and all their luggage for a 2 and a half week st in napa the is no just stuff it in a famil

where's my suitcase writes, quote, as united airlines investigates this customer's claim, if required, our company would be in full cooperation as there were multiple touch points in the journey of a which canned checked bag. united says it will need six to eight weeks to investigate and she'll need to provide receipts for any item over $100. >>> happening today, the golden gate society is holding its christmas bird count. 125 people will fan out across hills and valleys today to count the diverse bird population. the city breaks records for its number of red masked parakeets, hummingbirds and warblers. last year 187 bird species were found. >>> starting today, starbucks is making an offer it hopes you will go for. from today until new year's eve, select locations will host pop-up parties and give away free tall espresso drinks. that offer is good between 1:00 and 2:00 p.m. each day. that deal includes seasonal drinks like the peppermint mocha and the caramel brulee latte. you can see the full list of participating bay area locations online at abc7news.com. >> select locations was the

they're not going to slow walk where they don't have to on the other side though, i bought more united airlines. to me, this is president obaosie airlines because although you're canceling flights, you're canceling capacity that was biggest concern about the airlines too much capacity. so the question for me is when it does come back online, itwhas it going to do for air fares that will assess my airline position >> let's talk about the broader market you mentioned what you're buying people are buying stocks today s&p is on pace for its best quarter since 2013 best year since 2013, best december since 2013. get the point. nice to see you again. >> good to be here, scott. >> where do you see the market in the year ahead? it's been a great year there's a lot of talk about whether '20's going to be top heavy because of a noisy second half >> we're constructive going into the year the a great environment for risk assets you've got a global synchronized stimulation cycle. short rates are coming down. balance sheets are expanding more countries are going on the fiscal route think b about where we wer

phil lebeau has more. >> reporter: united as is turning to airbusor f the next generation of planes, to fly between the east coast of the the airlineying 50 airbus xlr planes first flight 2024. united didn't place an order for long range planes with boeing in part because boeing doesn't have a model fitting uned's needs. earlier this year airlineiv exec expected boeing ceo dennis mulan rk to announc plans for a in new long range model. in parter happened due to the grounding ever the 737 max which had become the primary focus for the company. airlines like ame will fly the new airbus planes. between destinations that are further apart lake the u.s. to europe where u.s. carriers are battling foreign airlines who get higherks i a new survey of travelers flying from north america to europe and asia. to europe knows surved by jd power ranked a turkiline first then virgin atlantic british ail airways and delta de for third. thans for international higher trips what she serve passengers. >> thepp foodr beverage service is more important to the satisfaction. and that's really because food and beverages interaction between you know the air

united airlines is replacing the aging fleet of boeing 757 with 50 new long range airbus jets.mes as the boeing jets are set to retire in the coming years. there is uncertainty looming over boeing's proposed mid-size aircraft which was put on hold as it focuses on returning the troubled 737 max to the skies. united airlines' chief commercial officer did state they have not ruled out buying boeing's proposed mid-size t jet some point in the future. stanford university is reporting the mastermind behind the college admissions scandal tried to recruit seven athletic coaches at the university over a ten year period. he was only able to recruit one coach at the university who provided endorsements in exchange for money. over 50 people have been arrested in connection with the investigation. and starbucks is coming out with yet another new holiday inspired beverage. the irish cream cold brew, oh, yes -- lauren: that sounds really good. cheryl: it's made with irish cream flavored syrup, with cold brew coffee, topped with whipped cream and sprinkled with cocoa powder. i wish i had this

it was a reoccurrence over father had brought down the united airlines flight 85 three years earlier. you know learn all because a bit of 132 perished in pittsburgh. we did not learn all we could from liner 16 before the ethiopian throw to acceding it. the investigation was not complete. >> there was compelling evidence of a single failure that could cause multiple warnings and affect the handling characteristics of the airplane. it's crucial that we learn all we can from these accidents, so that there is no recurrence of the numerous factors out that the catastrophic loss of these two fights. there are humans complexities in these accidents. they are characterized oval office in control in-flight accident, however the contributing factors or numerous. since the loss of these five to have the numerous attempts to blame one or two organizations or individuals. this is inaccurate and misguided. only with the consideration of all the contributing factors can we learn all the lessons. in the line accident they're contributing factors on aircraft design, certification oversight, maintenanc

. >>> now to a live look at sfo, where a united airlines flight was forced to make an emergency landing last night. you're looking at a picture taken by a passenger onboard that flight. he tells us he heard a loud crack about 20 minutes after they took off. an sfo spokesperson says the flight was headed to eugene, oregon. after circling over the bay for nearly one hour, the plane did land safely back at sfo while emergency crews lined the runway. >>> in the east bay, police are looking for two masked gunman who shot a 30-year-old man to death inside his pittsburgh home. the shooting happened early yesterday morning, on the 200 block of havenwood circle. that's in the oak hills neighborhood on the far west end of pittsburgh. police say it pears the shooter and the victim did know one another. >>> well, with the deadly gilroy garlic festival shooting still fresh in their minds, people turned out for a gun buyback program in that city to help keep their community safe and to help it heal. "today in the bay's" roz plater was there. >> reporter: the first gun buyback in south santa clara cou

where's my suitcase writes as united airlines investigates this customer's claim, if required, our companyre multiple touch points in the journey of a checked bag. united tells her it will need six to eight weeks to investigate, and that she will need to provide receipts for any items over $100. unfortunately, she isn't sure that she has all of those receipts and that expensive burberry jacket, she says that was a gift. also, she says she has not heard from anybody from where's my suitcase directly since she reached out to them. in the newsroom, melanie woodrow, abc7 news. >>> the president went after speaker nancy pelosi, governor newsom, and the city of san francisco in a post-christmas tweet storm. he called pelosi's district, which includes most of the city, of course, one of the worst in the united states when it comes to the homeless and crime. one of pelosi's fellow democrats, east bay democrat mark desaunier reacted on abc7 news at 4:00. >> he is unhinged in my view, and this is what he does. he attacks anybody who looks like they'll disagree with him. >> unhinge order just strateg

this is supposed to be the best day to fly over the christmas holiday here is a look inside the united airlines check in area shortly after noon. 20 of people getting ready to make the holiday journeys. one woman told us she usually flies on christmas eve to see family in connecticut. >> we usually travel the day before christmas because that is when the flights are cheapest. it is usually not any different except waiting in line except security might be a little bit longer sometimes. >> aaa says nearly 7 million americans are expected to fly this holiday season. the most since 2003. >>> tesla nat smashed into a san in dville. thmodel three end up all the way inside the building leaving a broken door dangling. it all happened at the blackhawk shopping center. the worker of the nearby store heard the impact. >> i heard a loud bang and screech. the door fall and, the pots fall then, they came running over to see who was okay. >> was he okay? he was okay. >> no one was hit inside? w the ladies that came pretty close. >> so far it's not clear what caused the tesla to go out of control. >>> an unhol

here is a look and inside the united airlines check in. one woman told us she usually flies on christmas eve to see family in connecticut. >> we usually travel on the day before christmas because that is when flights are cheapest. it is usually not any different except for waiting in line for the security might be a bit longer sometimes. >> aaa says 7 million americans are expected to fly this holiday season, the most since 2003. >>> a look at road conditions on interstate 80, chp is warning drivers about the slick roads, troopers had to hold traffic near soda springs before 9 pm because of cars spinning out. the roadway has since reopened. between black friday, cyber monday and super saturday this is going to be a banner holiday season for the retail but despite all of the promotions, not everybody cashed in. betty will explain, she was out with shoppers and who waited until the bitter end. >> in the final countdown before christmas, many stores including target and old navy had extended hours and shoppers took advantage. it is the sound

this was the scene inside united airlines check in area. you can see plenty of people getting ready to make the holiday journey. while mom and told her she usually flies on christmas eve to see family on the east coast. >> we usually travel like on the day before christmas because that is when the flights are cheapest. it's usually not any different except for like waiting in line for the security might be a bit longer sometimes. >> aaa said nearly 7 million americans are expected to fly this holiday season. that is the most since 2003. taking a look at the road conditions, on interstate 80 heading towards donner summit, the chp is warning drivers about slick roadways out there. troopers had to hold traffic your soda springs before 9:00 because of several cars spinning out. that area has since been reopened. >>> between black friday, cyber monday and super saturday, this could be a better holiday season for retail but despite all the promotion that everyone cashed in. our betty yu is out and about last night with the shoppers who waited unt

want to go home and you have a toddler wants to go home >> reporter: they were greeted by the united airlines sentencing. >> and so, we find this and thought we just went to the airport. >> reporter: bad. and you get to be into the news in your elf costume. everyone that we spoke to was in pretty good spirit once you get on the plane however we are getting more. hopefully everyone getting on the flight tonight is going to have a safe and smooth air travel. >>> driving home from is taken a lot of patience tonight. that's about 300 feet. we just check with cal tran and both in i 80 and highway 50. this is what it look like in the squaw valley. it came just in time for the beginning of the holiday season. there are at least 10 major resorts that are now open. and a reminder that you can stay up-to-date on all the weather news with our ktvu weather app. it also has an easy feature to upload your weather photos and videos it is free to download for your smart phone or tablet. >>> two people were killed, five others were injured after suspected dui crash this morning in san jose. it happened just a

. >>> those are apparent flames shooting out of an engine of a united airlines plane. the video was taken by a terrified passenger. the plane was forced to make an emergency landing in albuquerque. the airlines said the plane had mechanical issues with one of its engines. it had departed from san diego headed to chicago. fortunately they were able to land safely and they were put on another flight. no one was hurt. >>> a 13-year-old linked to the murder of a new york city college student is due in court today. he's facing charges over a stabbing death of tessa majors. meanwhile authorities are searching for a 14-year-old boy who was supposed to come in for questioning yesterday. he may have fled the area. majors was stabbed to death in a park last week after police say a group of teenagers tried to rob her and take her phone. >>> a man prosecutors say may be tied to last week's jersey city shootings has been denied bail. ahmed ahmadi's address and phone number was found on a piece of paper in the pocket of one of the attackers. one of the victims in the attack, jersey c

a united airlines flight made a hard landing at denver international airport. one passenger described hearing a lot clunk and seeing sparks on the left side of the plane. united says there was a mechanical issue. no one was hurt. the biggest storm threat, rain and flooding in the west, and tornadoes in the south. weather forecaster olga aspina from kcbs is tracking the forecast. >> good monday morning to you. it is christmas week, and this is going to be a very busy week for traveling. however, if you are on the west coast or traveling from or to the west coast, be aware of a storm system that is passing through that area. that is going to be leading into christmas. and then another storm that will start on wednesday into thursday, as well. so definitely will impact any kind of travel that you have planned for that area. also, the southeast is dealing with its own storm system. places like atlanta down into north carolina, also the florida peninsula is looking at strong thunderstorms. we're talking rain and strong winds, as well. the central part of the state on

. ♪ >> united airlines launched a new nonstop flight between newark, new jersey, and cape town, souththe total flight time is only 14.5 hours. that's four hours less than previous flight times. united is the only carrier offering the route from the u.s. it will be operated with boeing's 787 dreamliners. anne-marie? >> diane king hall at the new york stock exchange. thanks a lot, diane. >> you got it. >>> still to come, a deadly earthquake in the philippines. rescuers search for people trapped in buildings following a powerful quake. you. so this holiday season treat him the best. show them love this holiday with tasty blue buffalo treats. available wherever you buy pet food. yep, it's 1850. colonel james, you're under arrest for drinking co- ♪ ♪ oh, this one's been cut with starbucks. it's not pure 1850. 1850 coffee. quality that's criminal. itintroducing the new braava jet m6 robot mop. with an adjustable precision jet spray and advanced pad system braava jet breaks up messes and gets deep in corners. >>> here's a look at the forecast in some cities around the country. 7 >>> new vide

airlines has chosen not boeing for its latest fleet of aircraft united airlines is buying 50 aircraft to replace its aging fleets of boeing's struggling for orders since the grounding of the new 737 max boeing that is falling 2 precious in 5 months 346 passengers and crew were killed in indonesia and ethiopia let's talk to alex meszaros a friend of al-jazeera he joins on skype from boston of course the aviation analyst alex what does this mean for boeing what does it mean for us. and up a new piece of all of this is a significant order from united airlines is an order for 50 of the world's longest range single jet which is yet to enter service it's known as the a 321 x. an r x m r given the range and basically it's a long range variant of the single object that already exists today that you may have flown on a short who asked for 23 hours in europe for example that plane is going long and why this is significant specifically for you not it would that is that united have placed an order to replace that boeing 757 that aging an older boeing jet with at us and of course in the aviation w

right now where a united airlines flight was forced to make an emergency landing tonight. looking at a picture right here. taken by a passenger on board that flight. he says he heard a loud crack about 20 minutes after take-off. an s.f.o. spokesperson said the flight was headed to eugene, oregon, when they quickly started to have problems with the landing gear. it comes back, circled the bay area for nearly an hour. and then the jet landed safely. whew. emergency crews were lining that runway. >>> in the east bay police are looking for two masked gun men who shot a 32-year-old man inside his pittsburgh home. the 3200 block of haven wood circle in the oak hills neighborhood on the far west end of pittsburg. police say the shooters and the victim knew each other. witnesses say the gun men took off in a gray or silver sedan. >> getting guns off the street and helping a community heal, that's what gilroy police did today. in the wake of the shooting at the gilroy garlic festival, and the morgan hill dealership shooting, police held a gun buy-back event. it is the first buy bac

m >>> wit the grounding of the boeing 737 max expected to stretch several weeks intoext year, united airlines is pushing plane.ans for the another three months so the airline won't fly the plane than southwest and american.ater with max planes set to be grounded for more than a year, cancellations are piling up. in fact, u.s. airlines are now scrapped almost 150,000 max flights. and it could go higher. since the head of thefaa says there is no time line for approving fixes for the troubled plane. as a result boeing is halting max production next month. and so is spiri aerosystems which building the fuselage. at the company plant in wichitaa, kansas there are already00 max fuselages built but not delivered. meanwhile it's still unclear if ge aviation, building max engines in partnership with a french firm will slow or shut down its engine production. wi the badinews for b and the 737 max finally come to an end in the new yea well it's too soon to tell. but almost everyone grows, the 73max will flygain. the question is when. phil lebeau, "nightly business report," chicago. >>> space is ao o a p

their own process to go beyond what the faa is doi to say that this is southwest airlines or united airlinespproach to evaluating the safety. i bu also think they want to convince the public that they pushed boeing, the manufacturer, very hard to make sure that boeing mass done more than just adjust and fix technical issues but they have also fixed whatever the cultural issues are that led to this. and that's sll a big question out there. have they addressed those things? can they detect ahe problem in future if it's something else? and will they be transparent aboutt? >> a lot of questions still to be answered. dan hill with hillimpact, thank you very much.ha >> tnk you. >>> time to look at some of today's upgrades and downgrades. we begin with shares of cigna. ground graded to under waiting to equal wait wells fargo securities. the analyst says the debt load could hamper growth in t future. price target, $181. the stock rose a fraction to 191.75 today. >>> meanwhile wellsargo securities also downgraded walgreen's to equal weight fro overweight citing pressures on the core business in the n

with more of the business headlines we're following for you at this hour, united airlines says it has ordered 50 airbus a-321 planes to replace an aging fleet of boeing 757. the deal is worth roughly $6.5 billion with delivery scheduled to start in 2024. it's yet another blow for boeing, whose workhorse 737 max jets remain grounded worldwide following two crashes. and the dutch government is calling for new e.u. powers to fight unfair competition from foreign state-supported companies. the "financial times" reporting the netherlands wants a sixth branch of e.u. competition law to stop foreign firms from buying e.u. competitors at inflated prices or undercutting them with artificially low prices. >> next to ar general too, where a group of lawyers are attempting to challenge the country's bailout deal with the international monetary fund. >> in 2018, buenos aires reached a $57 billion financing agreement with the i.m.f., the largest in the fund's history. that deal includes public spending cuts that hahave hurt household and businesses unlike as they brace ongoing recessions and inflat

check out borg stumbling on the weak united airlines cancelling flights until june stock down 4% this gains by a thread under 2% now but if you are stuck in boeing stock, you like the company long-term. mike might have a way to manage it using options. >> yeah, one of the things i would say is that this is a stock that's going to continue to face headwinds here i think first of all, it isn't as if the only problem they have is the 737 max. structural problems with the ng. valuation on the company is not cheap all things consider. implied volatility price of options a bit higher we've been talking about the strategies a lot on stocks that are maybegetting to the upper level. sell calls against it. i was talking to an institutional client short 350s in march you could go nearer dating i was looking at 345s in february. >> time for the final call around the horn here. >> carter. >> yields matter in 202 xlu. walgreen's boots long. >> if you want to play the dogs of the dow and buy a stock consider writing a call against it buy right sun of the easiest trades you can get involved in option

unit costs. and it was really -- and so this is all driven by growth rate, capacity rate. investors see an airlineht hurt unit revenues, oversupplying the market america west with kirby running it, unit costs matter and yes, southwest had become the most successful airline in the history of the world by growing very rapidly all the time and keeping its unit costs low but sometimes capacity cuts could have more of a beneficial impact on unit revenues than they would hurt unit costs and people were skeptical. america west said trust me on this and they did. there was one quarter where they cut capacity by unit revenue and it shot up 8%. now you have kirby a year or two ago sort of doing the opposite again. saying, yeah, that's still true. now that's over played we're going to start growing again at united and this time trust us that the benefit to unit costs, of putting more supply into the market, is going to help our costs whereas it's going hurt the revenues. this is growth that's going to feed the international network and he was right again those are just the kinds of things, so many of them, a

united airlines took 60 young patients from hospitals and families. santa and mrs.laus on board, arrived at another date with magic of thetu jet lag. >>> still ahead, want to rule the 'gram? instagram worthy spots in san francisco. don't miss the xfinityt gobeyond black friday event, when you can get $100 back with the package that's right for you. you'll get amazing speed and wifi coverage from america's best internet provider. plus the emmy-award winning x1 voice remote with xfinity x1, giving your family the easiest all-in-one entertainment experience. choose your package now and you'll get the gift of $100 back. now that's simple, easy, awesome. for a limited time you can get $100 back on our most popular packages. hurry this offer won't last, so switch today. the ones that make a truebeen difference in people's lives. and mike's won them, which is important right this minute, because if he could beat america's biggest gun lobby, helping pass background check laws and defeat nra backed politicians across this country, beat big coal, helping shut down hundreds of

united airlines ceo oscar munoz, the latest exec stepping down in a busy week of top level shakeups united president scott kirby set to take his place. phil lebeau in chicago with more >> hey, scott, a move that doesn't come as a huge surprise in the airline industry. look, oscar munoz when he hired scott kirby in 2016 most everybody said look it's a matter of time before oscar munoz once he rights the ship is going to say i'm turning over the reins. munn ohs mofz up to executive chairman and kirby to ceo. this brings up the game plan for united it's the same we have seen since he came to united. it's a pretty simple formula that has paid off. he is he is adding 4% to 6% capacity in 2018 this year he will do it again next year. that means more flights here in the u.s. going through the hubs particularly denver, chicago, houston. that grows revenue the margins grow with that and guess what else grows. earnings take a look at united versus the biggest competitors over the last couple of years no comparison. they're up 40% over the last couple of years. yes it's been relatively flat this year

certainly, the search is now on for any ceo >> moving on, 15 new jets are making their way to united airlinesl be coming from boeing. united recently ordered airbus jets to replace -- jet blue and american airlines have opted in for long haul flights. airbus soaring on the news to 2% >> boeing, during their terrible year they had here they've taken their eye off the ball of other jets they don't just make the 737 max, they make these others. and they lost a huge contract now to airbus. >> that's a great point. >> two firms are sounding the alarm for fast food chains fast food chains like shake shack and jack in the box are getting kauft in the crosshairs of a global protein shortage wendy's and mcdonald's could pivot toward more chicken items on their menu. beef prices hit high levels. >> just when we thought meat was the big disrupter in the space >> i would think demand would be going down because you have more -- >> clearly there's more to be done here. >> shares of slack falling more than 2% today ahead of earnings. and down more than 50% since e ing public thkey numbers to watch after th

come over to american, where he was president, come to united and essential fix the route knelt work this is essential an underperforming airlineder kirby that has changed dramatically he said, look we're going to at 4% to 6% capacity, more flights here in smaller cities in the united states going through the hubs of united that will produce efficiency, generate greater revenue, and that strategy has paid off, scot scott. oscar munoz is going to move into the executive chairman role starting in may. he'll stay there for a year. this is essential a case where they believe this is the right time to make this transition, eye specially as they get ready for the next three-year period where they'll outline the growth plan, but make no mistakes, guy, mr. kirby is a man in demand there had been rumors circulating that as american as struggled, perhaps they might look at trying to bring him back to america years ago. you used to have flight attendants saying, i don't like united. >> i heard that myself, phil. >> oscar munoz said we have to change the culture that was a big part of what he focused on yeah, they had turbulent time. the d

as we had to break, a quick check on united airlines. ceo will hand the reins over .bout 1% on the news. this is bloomberg. ♪ viviana: you are watching "bloomberg daybreak." tiffany's third-quarter earnings coming up way short. the luxury julie reporting profit that missed -- luxury jeweler reporting profit that missed analyst estimates. tiffany has agreed to be acquired by french luxury conglomerate lvmh for $50.2 billion. united airlines' ceo will hand the reins to the president next year. kirby will take over in may. munoz will become executive chairman. lg and general motors will join forces to produce batteries for electric vehicles. later today, we speak with general motors' ceo here on bloomberg tv. regulators have launched a full-scale review after the u.s. repo turmoil in september put traders on edge. they've identified the structures of short-term funding markets as a potential risk to the financial system. in september, borrowing weights ed,rd -- borrowing rates soar prompting -- rates soared, prompting the fed to inject cash. alix: talking about repo, is

in a blow to boeing, united airlines has ordered 50 long hng range jets from airbus to ee place a fleet57 models and will start to use them in the year 2024. johnson and johnson says more testing shows there are no traces of asbestos in its baby powder the fda found trace amounts in a bottle bought on line. tests conducted by two different labs on the same bottle tested by the fda the demand for saudi aramco appears to be high they say over $50 billion worth of orders have been received they are expected to set the final price for the ipo tomorrow with trading set to begin the following wednesday. markets looking to bounce batod following two days of losses shifting on a headline that says the u.s. and china are getting closer to agreeing on the amount of tariffs attention turning to this week's numbers for adp employee and nonfarm payrolls report. getting to the president of blue line futures there is so much going on right now. do you believe these markets should be higher now given the headlines we have seen >> i think the markets need to settle in. yesterday's weakness, i was callin

. >>> united airlines and google the latest companies to experience a change at the top why have we seeneo departures this year and what does it tell us about the future powelur nch will explore that one when we return after this. about medicare and 65, ysupplemental insurance. medicare is great, but it doesn't cover everything - only about 80% of your part b medicare costs, which means you may have to pay for the rest. that's where medicare supplement insurance comes in: to help pay for some of what medicare doesn't. learn how an aarp medicare supplement insurance plan, insured by united healthcare insurance company might be the right choice for you. a free decision guide is a great place to start. call today to request yours. so what makes an aarp medicare supplement plan unique? well, these are the only medicare supplement plans endorsed by aarp and that's because they meet aarp's high standards of quality and service. you're also getting the great features that any medicare supplement plan provides. for example, with any medicare supplement plan you may choose any doctor or hospital

was to go home, >> reporter: dressed like elves had a delay to chicago but were greeted by this united airlines santa team. >> and so, we found these ght w airport. >> and is a good thing that she did because you are surrounded by them. @to take photos >> reporter: they were pretty much expecting this since they were flying back during the holiday season. as long as they have chargers for the phone, ktvu, fox 2 news. >>> and a reminder to download the ktvu weather app, there you can find the forecast for your area to make your weather photos. you can find it on your app store. >>> two people were killed after a suspected dui crash early this morning. police have now arrested the suspect. they say that the think the suspecned on highway 101 north connector ramp interstate 280 in san jose. ktvu's has more on what happened. >> reporter: chb says the roads are wet at the time speed and alcohol is the main reason for the crash. that was 100% avoidable. 21-year-old man of san jose arrested for drunk drinking and driving responsible for killing two people and injuring five including himself. in this h

the united airlines flight had a gear searing issue. a passenger on the plane said everybody was de planned right before takeoff so crews could fix a tire on one landing gear. once they were in the air, he said there was allowed pop and passengers were told to brace for an emergency landing. once they made it back to san francisco, everyone was rebooked for a new flight. >>> five more cars were hit by project tiles within minutes of each other yesterday. no one was hurt. that is the good news, but the windshields of the cars were damaged. these latest cases bring the total to 61 incidents since february. there is a collective reward now of $14,000 to find whoever is responsible for that damage. >>> in los angeles county investigators there are searching for a man who vandalized a beverly hills synagogue. the vandal broke in about 2:00 yesterday morning. it was about five hours later when an employee arrived to discover an open door, overturned furniture and damage to several relics. >> this cowardly attack hits at who we are as a commun

you know, phil and i get these emails it feels like one a week now from american airlines, united airlines and southwest airlines saying we're pushing back the max return to service again by another 30 days, by another 30 days. now we are right up against the summer travel season and these planes don't have these planes for the summer travel season there's going to be even more pain. >> and the frustration with the airline executives, they are furious. i mean, this -- look -- >> southwest -- >> they came up and they said we are not pushing back to april. at least 50,000 flights have been wiped out when you go from march of last year all the way through april of this year and that's just southwest. if you were the ceo and we said, by the way, take out 50,000 flights next year now go ahead and try to meet your expectations you would say, wait a second, why are they going away? >> a lot of questions and nobody has talked to the passengers yet. phil, david, thank you very much. >>> boeing is obviously a huge part of the markets as a high priced stock it controls a big chunk of the price weight

in march, united airlines was the first us airline to introduce those gender options. several other major us airlines say they plan to follow suit. >>coming up the san francisco holiday tradition continues in the tenderloin how many people in need are served today a glide memorial church is famous christmas eve luncheon and president trump is not taking the holiday off when it comes to attacking congressional democrats, the latest from is christmas read on impeachment when we come back and here's a look at the norad tracker right now santa is on his way to deliver millions of toys to kids all around the world. he's headed to new orleans right now has the reindeer early this morning at legacy. he's finally here when it comes to health coverage, it helps to have someone in your corner. that's why there's covered california. we're the only place where you can get financial help to pay for your health insurance. new this year, almost a million people could receive additional financial help from the state to help lower the cost of health insurance... more for those already

now you have a number of airlines including several in north america. united american, jet blue they ordered the new airplane from airbus becauseany can't arrowhead one from boeing. boeing doesn't have a plodle to compete with the xlr it was widely expected they would announce one perhaps at the paris air show earlier this year but clearly they are focused on the max right now and said they have not made a decision on quota middle market airplane so as a result you have airbus racking up another order and again boeing says no decision has been made on whether or not it will come up with a middle market plane one last thing look at shares of airbus versus boeing this year. and you will see a dramatic split between the two shares and people will say, well, look, boeing still holding in well despite the fact gnat max is not being delivered. but here is the difference guys. look at the orders that have been racked up this year 721 by airbus. negative 95 by boeing. that says it all why investors a at a minimum have said i'm going with airbus for the foreseeable fut

. >> reporter: here, at los angeles airport, the fuel united airlines purchases goes into the generallights leaving l.a.x. benefit from a portion of renewable fuel. >> our business is that one day flying will be sustainable. that will become the norm. ♪ ♪ this simple banana peel represents a bold idea: a way to create energy from household trash. it not only saves about 80% in carbon emissions... it helps reduce landfill waste. that's why bp is partnering with a california company: fulcrum bioenergy. to turn garbage into jet fuel. because we can't let any good ideas go to waste. at bp, we see possibilities everywhere. to help the world keep advancing. finally a little oh my goodness.? ♪ i love you, yes it's true ♪ there's no one else i'd choose ♪ ♪ this may not completely rhyme, but ♪ i'd be totally lost without you. it's so beautiful. this holiday, save on a gift that says it all during jared's 12 days to say it all. ♪ jared looking around here i see tablets, laptops, printers, smartphones. they're all connected to the internet. they're all connected. can your network handle all thos

. >> reporter: here at los angeles international airport, the fuel united airlines purchases goes intoal air tanks. meaning all flights leaving l.a.x. benefit from a portion of renewable fuel. >> my hope is one day that will become the news. >> cnn, los angeles. i'm your curious cat, and you know what they say about curiosity. it'll ruin your house. so get allstate and be better protected from mayhem, like meow. . >>> in mexico, terrifying moments on board two carnival cruise ships that collided at port in cozumel. >> he's going to hit us next. >> the carnival cruise ship glory was pulling into port friday morning when it hit the carnival legend, which was docked. six passengers were injured on the carnival glory. polo sandoval is joining us now. officials say strong wind gusts may have caused the issue here. >> it seems it's back on its itinerary, back to new orleans. but really jarring moments. >> look at the damage. >> yes. they had to survey the damage here. they said after close inspection that the ship was safe enough to return to new orleans, as you point out, so that's where it

. >>> united airlines extended cancellations of boeing 737 max fights from early march until the firstuled to go without the aircraft which is grounded after two deadly crashes. in that its decision felt the recent announcement by the federal aviation administration which says it still has nearly a dozen safety steps to complete before approving the jets for flights. >>> capsule went off course during its first test flight today. so kitty tells of nasa says there is a silver lining of the look ahead to launch astronauts next year. >> reporter: three, two, one. it was a near miss for nasa, the agency holding a dress rehearsal on friday for the new boeing star minor capsule which is supposed to start bringing astronauts to the national space station sometime next year. but the test launch did not go exactly as planned. the capsule veering off course during the orbit process. due to a problem with admission timer. >> we don't know the root causes. we know that collapsed and was not correct. it was good enough to run them. >> reporter: the capsule eventually earning two little fuels to mak

. >>> a live look now at sfo, where a united airlines flight was forced to make an emergency landinging at a picture now taken by a passenger onboard that flight. he says he heard a loud crack about 20 minutes after taking off. an sfo spokesperson says the flight was headed to eugene, oregon, when it quickly started having problems with its landing gear. after circling over the bay area for nearly one hour, the jet landed safely while emergency crews lined the runway. >>> well, they're getting guns off the streets and helping a community heal. that's what gilroy police are going this weekend in the wake of the shooting at the gilroy garlic festival and the morgan hill dealership shooting, the police held a gun buyback yesterday. it's the first buyback in south santa clara county in 25 years. gilroy police say they collected nearly 500 guns, more than 200 were handguns, 26 assault weapons. many people say after the shooting in gilroy, it prompted them to get rid of their guns before the weapons fell into the wrong hands. overall, police gave out almost $50,000. nearly half were handed