david: do you sign bc or brian chesky? brian: brian chesky. they know by the time i review who i am. half the time, they know who i am when i book, the other half they don't. i don't want to be a secret shopper where i'm lying to them, but i also don't want to tell them who i am like i'm expecting special treatment because then i will not get the real experience. half the time, they know who i am, half the time they do not. it is a pretty fun experience. david: you're are 40 years old. at 40, you have already achieved more wealth than almost anyone could possibly imagine. have you thought about stepping back and smelling the roses or doing something else with all the money you have? brian: no, i feel like i'm just -- it is really just getting fun now. it was fun when i started, and then there was this corporate adolescence which was kind of painful, growing of the company. but i'm having so much fun right now. if i were to step back, i would probably only do that to start another company then spend another 10 years just to get back to this pla

emily: i'm about to talk to brian chesky. airbnb seeing substantial demand through the rest of the year. are you concerned that some of the demand companies are seeing is pent-up demand coming out of the pandemic and we are going to see another reordering year? liz: depending on the sector we are talking about, i think the travel sector is seeing some pent-up demand that people had been waiting to unleash once they could. the problem the travel sector is going to face his prices are going up, flights are more expensive, hotels are more expensive, the experience as we were hoping to have are more expensive than a year ago. people are going to start to make different decisions on that front. as far as pent-up demand if we are looking at goods companies, looking at consumers buying things in stores or online, a lot of that demand has already been unleashed and now we are in a place where we can see steady demand but i don't know that we are going to see that huge surge in demand that we saw when things started to open up for the

emily: the airbnb ceo brian chesky. you can capture full interview at bloomberg.com. coming up, patrick spence, sonos ceo, and why it is being compared to amazon and apple. he is next. this is bloomberg. ♪ emily: the same day that sonos released second-quarter results, it announced new products, including a voice activated assistant, sonos voice control, its first step into the world of digital systems dominated by amazon and apple. joining me now is the sonos ceo, patrick spence. how is yours different? patrick: it is very different, and the fact that all the processing is done locally. it is very private, privacy-focused, something customers have been looking for. we focused it on the sonos user experience, so music, audio needs, moving music from one room to another, so it is one inch wide and a mile deep, where as our partners at amazon and google offer you one which is one mile wide and one inch deep. of course we want to provide customers choice, so you can use alexa simultaneously with sonos voice control. emily: what is the long-term goal with voice control.

brian chesky, we appreciate you. the house gop leader mccarthy subpoenaed by a panel probing january 6. and not just kevin mccarthy. you also have representatives jim jordan and mo brooks all subpoenaed by the congressional panel investigating the events of january 6, the right at the u.s. capitol. we will bring you more news as we get it. for now, this is bloomberg. ♪ kriti: this is bloomberg markets. let's get to something that caught my eye. something no one seems to be talking about, but it is a huge deal. the mexican rate decision and inflation in latin america. we know the bank of mexico is poised to make another 50 basis point rate hike. that is the expectation in about 35 minutes. for now i want to show you what the inflation picture looks like in latin america one back to 2020. inflation hit latin america first. take about it, food prices, energy prices. it is going to hit those emerging markets first. if you are looking at 8.3% year-over-year inflation from the united states, the base affects coming into

joining me now in studio live airbnb co-founder and ceo brian chesky. i've got to get to the fed news though first, because we're see ing mortgage rates jump. i think the average 30 year fixed is 5.5% right now, that's markedly higher than the 3% or so that it was in december. for a company that depends on buying homes and renting them out, have you modeled for how higher mortgage rates height affect you guys? >> i mean, we don't look at that level of granularity but i'll just say this. we launched airbnb august of 2008. it got going january-february 2009. you'll remember what was going on back then so economic disruptions are often moments where people will change their behavior and new behavior change be okay, i can make extra money off of my house. i can have passive income, and so what we are seeing is a proliferation of hosts coming on to the platform, the hosts we already have are opening up more calendar dates and that tells me that people are looking even more eager before than to make extra money. liz: your average daily rates rose. >> signific

shery: brian chesky speaking to emily chang. next, a deeper dive into the chaos for cryptocurrencies. we will speak with a bloomberg opinion column us about why this is a risk for other asset classes. this is bloomberg. ♪ >> i would not characterize it at this scale as a real threat to financial stability, but they are growing rapidly and they present the same kind of risks that we have known for centuries in connection with bank runs. >> janet yellen on the meltdown of the stablecoin and we saw that reverberated through the market. we are talking about that 94.55 level we have not seen in two years or so. we are seeing more stabilization since that happened. bitcoin still trading around the 28,000 level, below 29,000. either below the $2000 level. we are getting coin market cap saying the wipeout of wealth has been around $200 billion in a 24 hour time period. the gyrations in the crypto space have been huge. haidi: let's get to our next guest, he says the struggles are a concern for all markets. joining us is aaron brown. he

i give a lot of credit to brian chesky and the quarter they put together at airbnb super impressive. >> what's interesting about them is they did take the valuation hit in the private markets before they went public. when it comes to uber, a lot of that profit isactually in the private markets. it has been lagging. spoke to dara this morning who said they will eventually get to net income profitability we don't really know when. even if it gets there, what's the company worth? obviously you invested in it when it was promised to be this disrupter when it was talking about autonomous platform. now it seems like a plat form with an expensive labor problem. what's it worth? >> i don't think that's what came out in the past 24 hours. one of the reasons i've been such a big marketplace investor is these networks are susceptible to network effects where you get a winner-take-most where you have the scale provider having an advantage one of the negatives of the environment we've been in that i think we're no longer in is that you can spend billions and billions of dollars on this mass subsi

on that note, brian chesky, co—founder and the big boss of air b&b, a real pleasure talking to you. thanks for joining me and i will check in with you soon. thank you. to the cruise industry. it was an industry nearly decimated during the pandemic, ships were confined to a harbours all around the world. but with so much demand from passengers, is cruising suffer a comeback? all the biggest players in the industry and have just been meeting in miami for the first time since covid. mike colleague lucy hawkins had a tough task ofjoining them. lucy, what is the mood been like there? task of joining them. lucy, what is the mood been like there? arguably the mood been like there? arguably the cruise industry _ the mood been like there? arguably the cruise industry was _ the mood been like there? arguably the cruise industry was the - the mood been like there? arguably the cruise industry was the heart i the cruise industry was the heart hit in the travel sector during the pandemic. for15 hit in the travel sector during the pandemic. for 15 months they had to halt sailing altogether. the m

le let's dig into it brian chesky welcome back to "mad money." >> thanks for having me, jim. >> work from home turned out to be the next spur that something happens dramatically and people want longer stays and want the flexibility and that is your next leg up >> yeah. i would just start by saying, jim, the results you saw in q1, this is our low season our -- most people are traveling in q2 and q3 so first of all, i'm excited for what is to come. but you're right something remarkable has happened most people that have an office job don't have to go back to the office five days a week and if you don't, you have more flexibility to travel longer, stay longer, and go more places. half of our nights booked as a percent of stays were for a stay ever week or longer and 20% were for a month or longer. these are entire new use cases that doesn't exist in a new way when i started airbnb with my friends 14 years ago. >> you right now look like you're in a kitchen somewhere. >> i'm in new york city in an airbnb. >> and loast time i spoke to yo you were in the south. so obviously you're a leader

brian chesky, saying 2019 is no different from 1950s. kind of saying okay boomer to all of those ceos out there trying to push their employees back to the office. some may want to take note. the company that only flaw is 6000 people has got 1 million hits on their jobs website. who knows, this could be the way the future. when we come back, you don't want to go anywhere, we are going to set the record in fact check on the gender pay gap. after an arizona republican disputed its existence, a little teaser, when the 11th hour continues. >> last thing before we go tonight, a little fact check on the gender pay gap. a new video obtained by nbc news shows arizona republican candidate blake masters. disputing the existence of the gender pay gap. the video we are showing you is from a february candidates form in scottsdale. the >> women are not paid less in america than men. it's a left-wing narrative. this gender pay gap. when you control for the occupations. when you control for people taking time out to birth children, things are actually pr

brian chesky, saying 2019 is no different from 1950s. kind of saying okay boomer to all of those ceos out there trying to push their employees back to the office. some may want to take note. the company that only flaw is 6000 people has got 1 million hits on their jobs website. who knows, this could be the way the future. when we come back, you don't want to go anywhere, we are going to set the record in fact check on the gender pay gap. after an arizona republican disputed its existence, a little teaser, when the 11th hour continues. th hour continues quit cold turkey. kidding me?! instead, start small. with nicorette. which can lead to something big. start stopping with nicorette migraine attacks? you can't always avoid triggers like changes in weather. qulipta™ can help prevent migraine attacks. you can't prevent what's going on outside, that's why qulipta™ helps what's going on inside. qulipta™ is a pill. gets right to work to prevent migraine attacks and keeps them away over time. qulipta™ blocks cgrp a protein believed to b

chesky has basically said to the ploy employees you n work anywhere you like compensation won't change for those airbnb employees who choose to move they'll have a single pay tier by the country rather than regions. >> all right something new when it comes to that a different take on work from home steve, thank you. >>> michelle is actrking the weather in the southwest. >>> and a tip-off from ta grizzl turn from memphis. try align, the pros in digestive health. and join the align healthy gut team up and learn what millions of align users already know. how great a healthy gut can feel. sign up at alignprobiotics.com also try align dualbiotics gummies to help support digestive health. inner voice (furniture maker): i'm constantly nodding... ...because i know everything about furniture ...but with the business side... ...i'm feeling a little lost. quickbooks can help. an easy way to get paid, pay your staff, and know where your business stands. new business? no problem. success starts with intuit quickbooks. we make sit-down chicken... ...stand-up chicken... backyard chicken... ...oops ch

chesky, yes, the big boss of air b&b. plus, can cruising make a comeback? we talked to arnold donald who runs carnival

joining us now, brian chesky himself. great to have you back on the show. i know some of the trends you're seeing surpass even your internal expectations. what is it most about the demand you are seeing? brian: i was expecting last year to be the biggest travel rebound that we had ever seen in a century. we've never seen so much pent-up demand. what surprised me is we are seeing even more pent-up demand this year. maybe that isn't surprising. people weren't quite comfortable crossing borders and you had the delta strain. the thing about travel is that there are some things that when they are taken away from you, you don't want to do that again. i don't think that is travel. emily: you used the words pent-up demand. i'm curious how you think the summer might compare to next summer. are you expecting the growth rate to slow down? brian: no. i don't think so. number one, asia probably won't recover right away. it will take some time. that's where the large percent of the world population lives. i think that next year, you will see a huge amount of growth comin

i asked cia brian chesky what it would take for them to leave china whether it would be the political or social issues at the time they were committed and i think what it comes down to, kelly, here in this case is the business and i'll keep digging into it and bring you more as i get it. >> deirdre bossa reporting on airbnb there that does it for us today. by the way, speaking of big tech names and one portfolio manager will tell us his big undervalued tech name and to have 50% up from here. "power lunch" begins right now ♪ ♪ >>> thank you, kelly welcome, everybody, to "power lunch. i hope you had a nice weekend. i'm tyler matheson, and we have, yes, a rally on wall street and here's what's ahead on this busy hour is amazon the most undervalued mega-cap out there and a wall a

speaking of airbnb ceo brian chesky, he tweeted a number of times about the difficulties facing attack and start in particular, given the volatility in the markets. for more on this and just how little things could go, i am joined by the chief investment officer at richard bernstein advisers which has about $15 billion in assets under management. thank you so much for joining us. did we just at the bottom and are we on our way back up, or is there a lot lower we can go? guest: the reality is that nobody really knows for sure. but you don't want to jump in here simply because you are going to get these big moves in markets on both sides. but it all comes down to us. why would you buy? it is when the data tells you you should buy. the issue that markets have is despite the selloff, profits are still slowing. liquidity is still tightening. valuations made come down a little bit but they are still elevated in some parts of the market. that is not a combination of the factors that tell you want to jump in feetfirst into the markets even though you think they have gotten cheaper. emily: let'

we would talk about that and more with the ceo and cofounder brian chesky tomorrow. and, coming up. >> we need a name. >> we? >> we live. >> we dream. >> wework. emily: what did not work and what lessons can be learned from it. -- it? we will talk about all that and more. this is bloomberg. ♪ s is bloomberg. ♪ emily: companies are competing for talent. they are changing in person requirements, even going fully remote. i want to talk about this with the chief learning officer at one company, and one person with the new book, re-culturing. melissa, the pandemic has reshaped the work place for better or worse. how should companies re-culture in this environment? melissa: yeah, the biggest question i did now is how do we bring our culture back. that is the wrong question. because it is assumed that culture is the office, and while a lot of us enjoy the ping-pong tables, doughnuts, and free food , that is not what culture is. it is how work happens between people, so the focus needs to be on the values, the behavior, and how were showing up with different ways of comm

brian chesky told time magazine the office's predigital age. airbnb employees are allowed to work remotely for good from anywhere in the country. chesky told time the hybrid work model where people go to the office a few days a week is flawed as well. obviously chesky operating airbnb benefits if more people can work from anywhere, right? there? larry coda i think this ceo is a visionary. he has clearly tapped into the employees of america in the year 2022. this is one of my favorite topics because i love fireplace camera so much. i think mr. chesky should call our bosses. to make it easy, the number is -- [laughter]might go from a climate change perspective, get these cars off the roads. how much cleaner our air was when we were working from home. if we want to put a dent in climate change, let us stay home. >> mike and larry, norma rae. [laughter] spencer: another great topic, dr. strange and the multi-verse of madness made an estimated 185 million dollars over the weekend. the success of these films now has some theaters implementing surge p

i asked cia brian chesky what it would take for them to leave china whether it would be the political or social issues at the time they were committed and i think what it comes down to, kelly, here in this case is the business and i'll keep digging into it and bring you more as i get it. >> deirdre bossa reporting on airbnb there that does it for us today. by the way, speaking of big tech names and one portfolio manager will tell us his big undervalued tech name and to have 50% up from here. "power lunch" begins right now ♪ ♪ >>> thank you, kelly welcome, everybody, to "power lunch. i hope you had a nice weekend. i'm tyler matheson, and we have, yes, a rally on wall street and here's what's ahead on this busy hour is amazon the most undervalued mega-cap out there and a wall street analyst makes the bull case and how he says the stock price can double and calls this the best opportunity to buy shares since the financial crisis plus you think gas prices are high now well, just you wait. why china could determine whether they head even higher. we will discuss the warning from the hea

i don't know if you watch brian chesky's film about what airbnb is doing i thought it was interesting about going by destination >> you can do architecture you can do - >> i liked it. >> a bunch of new features >> a lot of people said, jim, you just like brian too much i have a graduation coming up in washington, d.c. i always stay at the same hotel. and my wife said we're not staying at a hotel, we're staying at an airbnb we're going to go and find places that look like castles in georgetown thank you, brian chesky. >> a look at airbnb. we mentioned the casinos, responding to some optimism on china lockdown and talking more about the pandemic's affect on china is eunice yoon with a look at the economic impact of the restrictions >> hey, guys i'm on a street with a lot of shops here in beijing. the sign behind me is becoming a very familiar sight. it says closed until further notice because of the pandemic so beijing is not officially on lockdown, but it definitely feels like it. streets are very, very quiet, even though it's a friday night. most people have been mandated to work from

. >>> in an interview this month with "time magazine", airbnb co-founder and ceo brian chesky declared the office as we know it is over. chesky >>> in an interview this month d with time magazine, air b&b cofounder and ceo, brian, declares the office as we know it, is over. he announced late last month his employees can live and work anywhere they are most productive. most companies have not gone that far but there is no doubt two years of a pandemic have change the way employees look at how and where they work. especially as covid numbers spike again in some parts of the country. so what will a return to the office look like? or will there ever really be one at all? >> reporter: after more than two years in a covid fog, some of the biggest employers have made it clear, they want their employees back in office. problem is, the feeling isn't exactly mutual, despite the post from some employers for in person connection. >> there's nothing that replaces that face-to-face. >> reporter: in the chicago area, roughly 200 employees back in the office full-time. >> we are in an office. isn't th

coming up, brian chesky joining bloomberg technology at 5:00 p.m. in new york. keeping you up-to-date with news from around the world, here is the first word. the european union is proposing to ban russian crude oil over the next six month. ursula von der leyen also said that refined russian fuels would be banned by the end of the year. brooke has learned that hungary and slovakia will not enforce the ban until the end of 2023. those countries were opposed to a quick cut off. the rest of bill quan for -- the u.s. investigations into questionable trading practices are on the rise. these probes center on the same question -- are the markets rig. biden administration officials pledged to sue -- pledged to pursue white-collar criminals. securities and exchange commission is investigating didi's debut in new york. that is when the chinese ride-hailing giant raised billions of dollars days before revelations of china's probes into data security tank to the stock. before today didi had fallen 85% since last summer's ipo. global news 24 hours a day, on air and on quickt

our viewers were hopefully watching wednesday when brian chesky told the "the claman countdown," all signs point to a blowout summer of 2022. >> they're going to go everywhere. they're going to cross borders. last summer was probably the biggest travel rebound since world war ii, and this year will probably be bigger because last year was tentative. so we're really optimistic about the summer. liz: as for the 2022 cruise season, it's on pace to become one of of the busiest as pandemic fatigue pushes travelers out onto the high seas. dan blanchard is the ceo and founder of uncruise adventures offering all-inclusive yacht cruises to the alaskan glaciers, the galapagos and more. let's start with demand. how are your bookings looking for the cruises that are coming up? >> with well, they're looking for good, and i have to say it's so refreshing to have business back. liz: i bet. well, tell me about booking numbers compared to, let's say, pre-pandemic. >> you know, we're not quite back up to 2019. i think the war kind of affected the, you know, that early booking client. but what we're se

. >> one of the things, i was so excited to see this interview with brian chesky. he's really interesting here. he's told people they can live and work from anywhere indefinitely. it is a very different tone than you hear from most of corporate america. >> well, just think about this. airbnb is in a unique position. do you realize the covid they had? they were one of the first companies to get crushed when covid hit. they ended up having to lay off about 25% of their employees. they then had a huge comeback. people were locked down and suddenly we said we don't want to be in cities. people started moving out to more remote locations. they saw the trends coming and now they're seeing the next one. they said we haven't just been able to operate over the next few years. we've optimized, we've 35ed. since they've gone remote, they only employ 6,000 people. here's a little of what he had to say. >> a lot of people are looking at big old companies to establish, what are they doing? i like to look at the young companies. if you want to predict the future, you look at the

. >> you're gonna want to catch our exclusive conversation tomorrow night with brian chesky right here on the 11th hour. and right now, we've got breaking news, and the other primary we're watching this evening. nbc projects jim palin has won the nebraska republican primary for governor. trump endorsed businessman charles herbster in that race. is a longtime trump ally who is in washington with trump's family during the rally that took place before the january 6th attack. her pastor is the first candidates endorsed by trump to lose a republican primary in 2022. coming up, our friends and the daily show with their own unique take on former trump officials cashing in. when the 11th hour continues. everyone remembers the moment they heard, “you have cancer.” how their world stopped... ...and when they found a way to face it. for some,... ...this is where their keytruda story begins. keytruda—a breakthrough immunotherapy that may treat certain cancers. one of those cancers is advanced melanoma, which is a kind of skin cancer where keytruda may be used when your melanoma has spread or

chesky what would it take to get you to leave. it's interesting looking back on those comments, he kind of said there was a moral responsibilities but there was a business responsibility as well. i'm told that this comes down to cost to spend that much money in a place like china for just 1% of global revenue is tough but there's always that promise. the number of millenials using home sharing in china is bigger than the population of america so there is always that drive and that desire for that kind of growth but domestic companies just have an edge up it's not a level playing field as airbnb found out the hard way. >> deirdre bosa, thank you there's also the geopolitical aspect of operating in china today we heard president biden make a gaffe, saying that he would defend taiwan if china invaded taiwan the white house then backed away from that statement, tim how do you interpret that? that certainly complicates things potentially. >> yeah. >> it doesn't rub china well, that's for sure. >> i didn't like that. but i think you've

. >> brian chesky the ceo laid it out at start despite the pandemic, the war in ukraine, macro economic headwinds, q1 was another incredible quarter the metrics back that up nights and experiences topped 100 million for the first time that exceeded pre-pandemic levels free cash flow was more than a billion dollars and the company did report a net loss in the quarter but they do expect to be profitable on a net income basis this year. now chesky talked about the way that people are increasingly using search on airbnb and helping them better match demand one of the analysts was around a higher marketing and advertising spend in the past quarter and that is really something that the company has prided itself on scaling back over the last few years. he talked about this different approach than their peers, one that he said it direct or unpaid that speaks to the consumer and kind of shifts away from traditional ad campaigns he said that has made airbnb a house hold name and this company continues with a higher valuation. >> thank you guy, this is the a in which trade. >>s the dawn trade and

chesky told us two weeks ago he's expecting the biggest recovery in travel since world war ii. what does wall street see that travel companies is not at least until now seen? let's get a read on what's happening in realtime with axle haystackfer, ceo of trivago joining us in a fox business exclusive from germany. axle, one minute it's travel as the hottest search on google and now they are getting cold feet. are they right? >> i don't think so. we are very excited and we think the summer will be very very strong and in fact we just finished a consumer study where 83% of consumers expect the best summer ever, so i think wall street is wrong. liz: where are they getting that and i started to think and maybe they are triangulating from something very real and that is the worst inflation we've seen in decades. people at first were saying you know what? i'll pay these prices but suddenly, we were looking at some of the components of the consumer price index, inflation at the consumer level. airfare. airfare prices jumped 18% plus month over month which to me, was pretty shocking. th

. >> you're gonna want to catch our exclusive conversation tomorrow night with brian chesky right here on the 11th hour. and right now, we've got breaking news, and the other primary we're watching this evening. nbc projects jim palin has won the nebraska republican primary for governor. trump endorsed businessman charles herbster in that race. is a longtime trump ally who is in washington with trump's family during the rally that took place before the january 6th attack. her pastor is the first candidates endorsed by trump to lose a republican primary in 2022. coming up, our friends and the daily show with their own unique take on former trump officials cashing in. when the 11th hour continues. s cashing in when the 11th hour continues cal: we've saved our money, and now we get to spend it our way. val: but we worry if we have enough to last. for retirement planning, investment advice, and more, look for a cfp® professional. cfp® professionals can help you craft a complete financial plan that gives you confidence today and tomorrow. find your cfp® professional at letsmakeaplan.org.

and by the way, that was also a theme of brian chesky, who for airbnb, where people just go somewhere every weekend. david, your description of not going anywhere, i'm not going to work it's rainy, i'm going to go to biloxi penn national. david, people are going places, but they're not spending at home [ applause ] >> they are going places >> wayfair when you were trying to have an office at home, at one point you used wayfair now you have everything. >> you got it. [ bell ] celebrating a recent ipo, a recent biopharma, a novel vaccine. >> moderna, novel vaccines we kind of went away from novel vaccines when everybody decided to add operation warp speed. it's coming back by the way, the biotech companies -- >> they've been crushed. >> yeah. >> they have been crushed. i had a conversation about this yesterday with some i'm close to who is an investor in the sector he pointed out as well the fda has got toen more aggressive with clinical holds, something to keep an eye on, jim and for curious reasons. but that can cast a pall even on new antibiotics, apparently, where they've done that.

chesky, has donated $100 million to the obama foundation. to fund scholarships for students pursuing careers in public service. in a new video released yesterday, the duo announced the voyager scholarship that will grant $50,000 to college juniors to cover tuition costs over two years. scholarship winners will also get an airbnb credit worth $2000 a year for 10 years after their graduation. more than 1600 black students were honored at the african american academic excellence awards ceremony in oakland midland high school students who maintained at least a 3.0 grade point average for the first semester of the current school year were named to the scholars collarless the students heard messages of praise from oakland unified school district leaders, community members and lawmakers at last night's celebration. i want to acknowledge you as celebrate you for the hard work and dedication that has led you to this momentous day. i am truly inspired by your commitment and your discipline. in the face of all of the challenges of the past year. let me

. >> so those are good questions for my friend brian chesky for most trip purposes they want the amenities that a hotel offers we launched marriott homes and villas, which is a platform of multi-bedroom full homes when we launched, we had 3,000 listings after two years of the pandemic, we're about 60,000 listings. for certain trip types, a full multi-bedroom home fits that >> are you seeing that in the big city >> leisure, well, even pre-pandemic, leisure was growing much more rapidly as a segment than the other two segments the thing we've seen through the pandemic is this idea of blended trip, so it's going to be increasingly difficult for us with pro signiin precision to tell you why they're in our hotel we're we're not interrogating them from the front desk. we really see it in the day of the week patterns. thursday and sunday, which used to be the weakest days have come back very rapidly. >> in terms of opportunity, by the way, it's a view here in davos. all americans who need to get back to the united states from here are desperate to take their covid test and make sure they're covid

brian chesky, the co founder and ceo of airbnb, donated $100 million to the obama foundation for scholarships for students who want careers in public service. yesterday they announced a voyager scholarship that will grant $50,000 to college juniors to pay their tuition for two years. on top of that scholarship winners will also get an airbnb credit worth $2000 a year for 10 years after they graduate. the us continues to struggle with the nationwide shortage of baby formula coming up the deal reached between the fda and abbott on how to safely reopen its baby formula plants. and when it comes to cuba, a change in policies will explain the list of restrictions that the list of restrictions that are being eased for ♪ pop it like it's hooooot. pop it like it's hot.♪ ♪ pop it like it's hot.♪ ♪ pop it like it's— pop my $6.49 classic and spicy 50/50 popcorn chicken combo. only at jack in the box. i was injured in a car crash. pop it like it's— pop my $6.49 classic and spicy 50/50 i had no idea how much my case was worth. call the barnes firm to find out what your case could be worth. w