he says delta was at fault in this scenario. while the airline offered to rebook him, he says the next available flight was two days later, so to avoid that he drove to catch a flight on another carrier. delta paid for his motel and rental car, but he said still not his light. >> if we are not getting the flight and voucher, why are you not getting the voucher? stephanie: we reached out to delta airlines tuesday morning for comment, but as of tonight have yet to hear back. as far as why reeves did not get the voucher, it is up to the airline. the department of transportation does not regulate the terms and conditions of airline offers. another reason we should always read the fine print. dan: no question about that. still ahead, we closer look at the southwest airlines meltdown and what can be done to prevent it from happening again. 7 on your ♪ this rental car is so boring to drive. let's be honest. the rent-a-car industry is the definition of boring. and the reason can be found in the name itself. rent - a - car. you don't w

is an $8,000 delta voucher. reeves says delta airlines offer that to passengers willing to give up their seat on overbooked flight from oakland to salt lake city on sunday. >> the lady was like we are looking for -- i cannot remember the number, but it was a substantial number of people to give up their seats. she was like we are offering $8,000 a seat. i was like i've got three seats. >> his, his wife's and his daughters. the lucrative offer to not hold up. reeves says the copilot never showed up, so delta canceled the flight and the voucher. >> so you're not honoring the vouchers that you agreed to pay and now you're canceling the flight. i thought it was bad business partially. >> we brought this to thomas carpenter an attorney representing clients in the travel and tourism industry. >> we have seen situations like this a lot? >> well, it is somewhat unusual for a voucher to be issued for a flight and then to have that flight subsequently canceled. >> carpenter says airlines are required to offer any amount o

and they fly their planes to the mojave delta to park them there, don't buy delta. if you think there's strength in the economy with what is going on now, you should own delta >> yeah, shannon, i hate this call but we are going to do it netflix, okay, they raised their price target to 275, but that's below where the stock is now this kind of stuff drives me nuts >> yeah, i mean, netflix -- the enthusiasm for netflix over the course of the last six months or so brian, has been incredible. it comes back to a view that we have had for a long time that there will be a couple winners in streaming, and frankly netflix is the only one doing it for profit right now, and there's optimism with the new ads here these calls, and it seems like we get a new one every day about how netflix is executing, but they have been for the last couple of years and we think they will continue to do so relative to the other streamers. >> fair enough 10 bucks below the current price. >> up next, the committee is ready to grade your trades, answering specific questions about investments you hav

now, delta, mother delta, is also dealing with issues. kumasi: we will talk about a bay area family story about vouchers they were supposed to get work thousands of dollars. we are taking a live look outside not seeing much with rain on the camera at the san francisco ridge. we are letting you know it is raining out there oh ms flores. you're the leader of many and pet wrangler, too. so becoming a student again might seem impossible. national university is here to support all of you. national university. supporting the whole you. norman, bad news... i never graduated nfrom med school.ty. what? but the good news is... it's the xfinity hello 2023 sale! now hurry, and you can get xfinity internet for $19.99 a month plus, when you add xfinity mobile, you get the best price for 2 lines of unlimited. i gotta get this deal... and for a limited time, get 500 dollars back. i don't want to miss that! that's amazing doc. drop everything. get to the xfinity hello 2023 sale. -doc? click, call or visit a store today. >>building a better bay area, movin

phil lebeau got a chance to speak to delta's ceo at bostion and joins me on set. what's notable about this is what a contrast it draws to yesterday when united and jetblue shares were down >> jetblue brought everybody down, simply because it did not give a guidance that was as rosy as many people were expecting. if you want an expectations-filled guidance report, and you say, yeah, demand is there, check out what we got today from delta. delta is going to be better than expected, at least that's the expectation from the fourth quarter. and look at next year and the following year earnings, more than doubling ais the expectation for next year, then topping $7 a share in 2024. when we talked with ed bastian, they said it's clear that they continue to see very strong demand large corporate travel, which has lagged small business travel is continuing to gradually increase and that will probably happen even more in 2023. the one constraint, if there is one, is on the supply and the training of pilots here's mr. bastian >> capacity constraints are real and listen, we're

delta expects adjusted earnings to double. that's above analyst estimates, and the company's ceo ed bastian joins us in the show at the table in the last hour here's what he had to say about the company's three-year recovery plan unveiled a year ago. >> i'm thrilled to say while '22 was a crazy year that we hit our first year targets our cash flow targets, we will be the most profitable airline in the industry, $2.6 billion of profit this year, and we're going to be doubling next year our eps that we earned this year into next year which is in accordance with plan we have a very healthy outlook >> okay. delta also forecast a 20% jump in revenue next year, instea free cash flow will rise from $2 billion to more than $4 billion in 2024 so experiences are still the win. >> stocks up by 4 1/2% let's get back to the broader markets. our very own mike santoli joins us with what he's watching yo, mike, what's up? >> we have a bit of an indecisive market. yesterday's early pop on that better than expected cpi number. most of that rall

>> first, thank you delta dental for your generosity. once again, $100,000 means we will be able to serve 200,000 meals to families in the san francisco and marin area. it is huge and in addition, i want to say for delta dental, each september, they are our partner and they do a match for a hunger action month and so, that money goes even further. it is exponential how the support helps us and we are so grateful and it is a wonderful partnership. thank you so much. >> if you want to partner with the great people of this food bank or any of the others around the bay area, we've made it easy. go to kpix.com/gift, or you can use that qr code at the bottom of your screen to get connected to ways that you can donate your time or your money. all of it is needed. >> be sure to tune into our special tomorrow at 4:00. you can see all of the hard work that people are doing bay area wide to give back during the holidays. >>> coming up next, running at the edge of the earth. we will take you to the ice marathon in antarctica. >> if you are out of to

first was how infectious the new variant would prove to be compared to its 4 runner delta. and of course, it quickly became clear that alma khan was a lot more infectious. the 2nd question that had every one holding their breaths was whether alma cron symptoms would prove more severe than delta symptoms war and and there was this kind of huge collective sigh of relief when the opposite proved true. now there are, of course, plenty of exceptions, but in general, an infection with an om across sub arrogant is less likely to send you to the hospital or intensive care station than one with delta or, or earlier versions of the virus. the big reason why experts think is because sub variance in the army chron family as a rule, are less likely to penetrate deep into your lungs and, and lead to life threatening pneumonia. they're more likely to remain in the upper respiratory tract. some studies have shown that alma crohn is a lot less effective at infecting law, sells then delta and earlier variance of sars covey to war. another off sided belief among healthcare authorities is that

first was how infectious the new variant would prove to be compared to its 4 runner delta. and of course, it quickly became clear that alma pon was a lot more infectious. the 2nd question that had every one holding their breaths was whether alma cron symptoms would prove more severe than delta symptoms were and, and there was this kind of huge collective sigh of relief when the opposite proved true. now there are, of course, plenty of exceptions, but in general, an infection with an om across sub arrogant is less likely to send you to the hospital or intensive care station than one with delta or, or earlier versions of the virus. the big reason why experts think is because sub variance in the army chron family as a rule, are less likely to penetrate deep into your lungs and, and lead to life threatening pneumonia. they're more likely to remain in the upper respiratory tract. some studies have shown that i'm a crohn is a lot less effective at infecting lot, sells then delta and earlier variance of sars covey to war. another off sided belief among healthcare authorities is th

a family visiting the bay area says delta offered them $24,000 in vouchers to give up their seats and then took them back after the agreement was made. david reeve says he agreed to give up his, his wife and his daughter's seat because delta offered them $8,000 for each seat, but the offer did not hold up. the copilot did not show up, so delta ended up canceling the flight and the vouchers. >> you are not honoring the vouchers you agreed to pay and now you are canceling the flight. i thought it was bad business. >> delta offered to rebook reeves and paid for his hotel and rental car, but did not pay for his next flight. airlines are required to compensate passengers before they bump them from the flight, though the conditions of the compensation are not regulated. we have not heard back from delta. >> developing news in colorado, where people were forced to sleep in their cars after a snowstorm. snow was coming down at two inches per hour. the snow lead to accidents that ended up closing interstate 70 near denver. cars were backed up for miles, people trapped on the road for 10 hours.

first was how infectious the new variant would prove to be compared to its 4 runner delta. and of course, it quickly became clear that alma palm was a lot more infectious. the 2nd question that had every one holding their breaths was whether alma cron symptoms would prove more severe than delta symptoms war and, and there was this kind of huge collect and sigh of relief when the opposite proved true. now there are, of course, plenty of exceptions, but in general, an infection with an om across sub arrogant is less likely to send you to the hospital or intensive care station than one with delta or, or earlier versions of the virus. the big reason why experts think is because sub variance in the army chron family as a rule, are less likely to penetrate deep into your lungs and, and lead to life threatening pneumonia. they're more likely to remain in the upper respiratory tract. some studies have shown that i'm a crohn is a lot less effective at infecting lot, sells then delta and earlier variance of stars covey to war. another off sided belief among healthcare authorities is

delta has declined to comment but is testing wi-fi with various offerings. later switched to a new service charging a flat $5 fee. >>> shares of tesla fell. the decline coming after wall street analysts downgraded their price targets. analysts are worried the ceo elon musk is distracted and sales in china will be impacted by the surge in covid cases. down almost 30% this month and about 61% this year. i'll send it back to you. >> thanks a lot, silvana. >>> elon musk is setting social media on fire. as usual the latest bombshell comes with caveats, interpretations and, well, speculation. here is "today in the bay's" terry mcsweeney. >> reporter: here is a tweet from the owner of twitter. i will resign as ceo of twitter as soon as i find someone foolish enough to take the job. after that i will just run the software and servers team. this in response to a twitter poll which overwhelmingly wanted musk to step down. he hasn't stepped down yet, but he may soon if he can find the right person, but he'll run two critically important teams. >> for me it's clear that

. >> still ahead, delta airlines is making a major change to its flights starting next year. something passengers will really like. and up next in sports, yankees slugger aaron judge is getting more than a massive contract this off-season. we'll tell you about the exclusive group he just joined. we'll be right back. ive group hd we'll be right back. sweet pillows of softness! this is soft! holy charmin! oh! excuse me! roll it back, everybody!! charmin ultra soft is so cushiony soft, you'll want more! but it's so absorbent, you can use less. enjoy the go with charmin. ♪holiday music playing♪ [baby yawning] let's get you home for the holidays. ♪♪ ♪♪ ♪♪ i get bladder leaks. i didn't want to feel like i was wearing the pads i wore when i was twelve. then i tried the always discreet pads. they fit perfectly in the places they're supposed to. look how much it holds, and it still stays thin! it's the protection we deserve! >> derosen and chicago ones it! >> chicago cleans up the air ball banking in the game winner at the buzzer. the bulls beat the atlanta hawks 110-1

i'm optimistic on delta. airlines in general i don't think the demand you've had from covid is ending any time soon, especially with business and international travel which delta has a lot of sources there one of the things that's a drag on their earnings is the fact that fuel prices are so high weer seeing that come down and over the next several years they're going to upgrade their fleets to more fuel efficient aircrafts. this has a lot of trajectory to go and trades cheaply at eight times guarforward earnings. >> do you think it's okay to be invested in the market >> absolutely. but you want to be strategic where you're invested. make sure you're well diversed, only adding things likely to do well in a recession or higher interest rate environment. >> thank you, we appreciate it. >>> up next the bright spot in one of the most hard hitec stors of the year. what is it can you guess? more "power lunch" right after this power e*trade's award-winning trading app makes trading easier. with its customizable optio

in the north bay and also the tri-valley and into the delta. so what we're seeing this morning is that central valley tule fog. what happens after a big rainfall and then we get high pressure, high humidity and cool temperatures and the wind calms down, all of that moisture on the ground and we see it coming into the south county. other times it drifts through the valley. moving into the delta and will be pushing through the north bay with low visibility. low 40s and low 50s. we should see sunshine and temperatures reaching into the upper 50s. tonight cold once again and we see this pattern continuing even with a couple of storm systems moving in. to the north of us by next week better rain chances moving through especially by next tuesday and wednesday but we'll be watching that. how much rain this week a tenth to a quarter inch of rain and that's happening between late wednesday into thursday moving out on friday and christmas day at this point is looking nice, sunny. temperatures in the upper 60s, a significant warm-up is coming our way in t

caroline: interesting from the delta air cfo. talking about the determination to continue to invest in technology. they made a $60 million investment in jovi which is of flying taxi. they want to make it easier for us to get to the airport. ed: there are future preview. i spent a lot of time around delta and at least they are putting in money for a headline across the terminal i was at my desk doing an interview seeing in the first quarter corporate decline. the executive business class seats you know how else to get around the highflying executives? private jet. that is what i want to talk about. just a few of them with some big names in particular. 20-year-old jack sweeney saw internet fame andrew the i -- through the eye of the elon musk and had a tweeter -- twitter account called elon's jet. elon offered him $5,000 in exchange for deleting the account and he refused. now the account has been suspended on twitter along with the other accounts that jack sweeney operates. and i am proud to say that he joins us now. you operate o

kennedy: we flew delta this holiday, they were amazing. they were looking at different airlines, southwest, you know doesn't that have luxury. because that is the path they have chosen. jason, what are some of the worst horror stories you heard about some of the southwest cancellations? >> look. everyone is screwed at this point, anyone who takes southwest, i think you take a little bit of a risk, part of reason that prices are so cheap, they don't necessarily put their funding into new scheduling software, that would make it so some someone like this happens, it is rare, they be able to mitigate some of the issues, i chose long time ago to not take southwest, because they wear shorts, and i refuse to be around any professional who wears shorts, they are not saving me if the blea plane dose gown. kennedy: that is not -- goes down. kennedy: that is not true, shorts are great. >> dealt is does not wear shorts, i love delta. >> or pants. >> they happen, it is unfortunate, if i were on any of these flights i would vow to never take southwest.

we'll see it at times trying to drift its way into the delta. most of us in the bay are a lot bemter off this morning, though, as far as visibility goes mountain view, redwood city fremont on up to dublin livermore in concord, all in the 30's. same for the north bay santa rose at 36. san francisco and alameda are more mild spots in the mid 40's for current temps. as for what we can expect later today, do expect temperatures to rise into the low 60's for a lot of the bay area. a sunny and cool one. so keep the jackets on hand throughout the day. i'm talking more about exactly what to expect for this wednesday. still to come right now. all right, john, thanks for that. let's get a look at your morning commute if you're heading into the city right now, it's going to take you about. >> 7 minutes to make it from the maze to that fremont street exit. how about the san mateo bridge? 80 to 101 of 14 minute ride heading across towards the peninsula. richmond center fell bridge tolls to 1, 1, 7, minutes as you travel out of richmond and the golden gate br

bay delta ecosystem the die off by bloom system unsustainable. even as we peek the united conference is grabbling with the astounding loss of biodiversity in decades the how fasts bay will delta is in your hands take action now to increase for fresh water flows even if only temporarily. thank you and happy holidays yoochl thank you. thank you and good afternoon this is peter, policy director for the twaul me river trust. climbing the delta plan could result in 188,000 jobs in 49 billion dollars. came from a study in 2009 the study was updated by same author and the number were 40% of what the previous 2009 numbers were. tuolomne thank you your time has expired. next caller, you have 2 manslaughter. >> [inaudible] norma wallace with lineage of the former verona band the [inaudible] i'm too sad to cell brit. you state san francisco put benefit from all that existed when [inaudible] and action speaks louder than words. i want to ensure you hear the words in the guard yen's august 26 article they reflect my occurrence the state's gratitude builds on

two analysts lay out where the stock goes from here and delta, royal caribbean, mgm all up about 10% in the past month. all named top picks for 2023 we'll trade those names in today's three-stock lunch. as we head to break silver gate down 4% as morgan stanley cut its rating to underweight citing x o many headwinds following the ftcollapse the stock down 53% over the past month. what if you were a global bank who wanted to supercharge your audit system? so you tap ibm to un-silo your data. and start crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create you want to see something cool? xfinity rewards is how we go beyond saying thanks. so we're going to spread the joy this holiday season, the xfinity way. take your trusty sidekick to see puss in boots: the last wish what's a puss in boots? he is me. with buy-1-get-1 movi

starting with delta. the passenger airline raising current quarter forecast and issuing an up deet 2023 outlook setting robust travel demand juxtaposition from what we heard from jetblue yesterday delta up 2% this morning retailer best buy in focus, getting a downgrade at bank of america. positive catalyst may be illusive for some time those shares down 2.5% finally, a mega cap name that's shed nearly half its value in the last three months, down almost 50% tesla down again today, down 1%. goldman sachs cutting the price target to 235 per share from 305 even as morgan stanley's overweight rating, aggressively expanding its user base. david? >> that's a continued decline in those shares we're watching closely. we're also watching ftx closely. the continued fallout of the bankruptcy of that company former ceo sam bankman-fried has been denied bail in the bahamas. the new ceo saying the company committed old-fashioned 'em beszaliment. kate rooney is in d.c. with the latest. >> good morning. the second day of

delta by more than 4% now and early trading. in the last hour or so, raising the outlook for profit into year-end for next year as well. lisa: it is a session. this is a pushback. 15%-20% increase in profits, after all of the expenses, they are able to? prices. tom know this intimately. tom: frankly, it is other industries as well. i mean, i kick off the jobs coverage at jp morgan, johnny says the gloom out there is not anecdotally tangible among business. look at that. that is even more important, frankly. jonathan: i've talked about it a million times. said precisely the same thing. tom:tom: to market players, i'm not going to mince words. i hate the death cross with a passion. moving averages on a weekly chart, spx gave a signal november 30 and is well-contained right now. that is how adults speak. jonathan: you love your technicals, don't you. why do you bury them, why don't we hear more of them from you? tom: because we don't want technical analysis. we get that from chris verrone. do you want to see me or chris verrone? jo

seeing a lot of those issues from the tri valley on up through conquered and eventually out into the delta, especially we have some very dense fog in dense fog advisories officially in those greater spots on the map. this includes all of solano county in the valleys of the north bay to 101 highway. 37 6.80, and highway 4. all likely being impacted by some dense fog excuse me. hold back a sneeze. excuse me, ok? nevado in concord. visibility below a quarter of a mile while oakland and hayward visibility is a ok, so you see the nature of that fog. pretty but those areas further inland and down into the santa clara valley or we're going to see the greatest impact from them. now, current temperatures in the 30's to 40's alameda and he we're at 39 right now. redwood city at 31 while livermore at 38 degrees conquered. and billy hope that 41 of auto in san francisco are mild spots at 41 petaluma and santa rosa in the mid 30's. i'll be talking all about what you can expect as we make our way through this monday. still to come, let's get a look at traffic. >> thank you, john. and a quick check of th

more positive sentiment from delta on margins. i like them longer term but staying on the sidelines in the near future. edward: i'm seeing reports advanced domestic airline bookings, 80, 85% already full in mid-january, 2022. that was basically revenge for travel as people are cooped up for covid looking to get out. are you seeing airlines for 2023 looking at bigger profits in general as a sector? >> so much of it has to do with what their major expense is, edward. that is fuel. we saw such a topsy-turvy year for fuel costs, up big in the first half of the year, down big in the second half of the year. that will be a big impact for airlines as well as employees as well. companies had to step up to attract and retain employees as inflation hit. a lot of factors will be buffeting airlines in 2023 and southwest in particular, the index itself is down 22%. you have tech stocks down that much. i think to our guest's point that will be a difficult time for airlines to make any money especially as fuel costs stay elevated in 2023. edward

delta airlines is down .25%. this discussion around inflation, ticket costs, in many ways this has been a bit of a boost to some of these companies. delta had been previously upping some of its guidance for that outlook feeling they are maybe going to be able to see this level of demand went to continue post the holidays. we got to speak with the ceo of delta airlines last week. take a listen. [video clip] >> we have updated our earnings. finishing the year strong. we will be on track for total year of three dollars. that is ahead of our three-year plan we laid out a year ago for investors. we got into a strong outlook for 20 to three and where we will have earnings growing five dollars to six dollars a share. cash flow $2 billion. on target to be at seven dollars per earnings-per-share in 2024 and $4 billion cash flow. the outlook is strong as we end the year. very proud of the delta team and everything they have done. revenue has played out as we expected. we had a really strong holiday season. we knew there wa

you're going to be driving in and out of the fog through the tri-valley as well as the delta as well as the north bay. seeing it registering at the airport down to a quarter mile visibility but really tough to see through antioch and that commute in the upper 30s. we will have a very cold morning. in fact, it won't warm up much today. 39 in concord and it's 37 in sonoma. we'll be watching these cold temperatures and talk about what's ahead coming up in a few minutes. >>> thanks, kari. striking for fair pay. san francisco's uber facing trouble in the big apple. the boycott under way right now and the last-minute change that prompted drivers to strike. >>> elon musk often says the people have spoken when he runs a poll. the people apparently want him to quit. out to the futures this morning, looks like a soft opening. >>> a lesson in civics you don't want to miss. how one 7-year-old achieved a seemingly impossible and got what could be the world's first unicorn license. unicorn license. stay witus. you'reh w (b(boy) i ththink this i is going toto . (vo) small bubusinesses l like ths le

thence out by the delta. a little bit of lost visibility with patchy fog there. 11:00, vacaville, fairfield, vallejo, looking at the fog. sfo, nice and clear. 40's to your 50 noontime, sunny skies with mid-50's for your high today. amanda: this weekend, stores are no doubt hustling as shoppers -- for holiday gifts and you have probably noticed a significant increase in security in places like union square after high profile luxury store robberies during previous holiday seasons. suzanne gives us a closer look at what has changed when it comes to security and safety. suzanne: the sites. the sounds. the shopping. >> one week until christmas. suzanne: thousands of people are taking it all in at union on this last big shopping weekend before the holidays and the one thing that people are noticing is the extra security. >> i noticed them in the candy store, in the louis vuitton store, at macy's. suzanne: police officers, undercover officers, ambassadors, and some stores have twice as much security. comforting for

when we underwent the devastating delta wave. i don't think the situation is as diet, is that because if you said they've been put rounds of all mc on infection, most people have had to vaccine those. but it is, i think, very sensible for the government at this point to press for uptake of an increased uptake of the booster. those. the government also asked people to mask up and maintain social distancing. this didn't really work previously, and we have festival season. we are in fact in festival season right now. any reason to believe these instructions, directive requests will work this time around? that's a very good question. i think people are fairly exhausted after about 2 years of listening to the government carefully on instructions about masking at long period of lockdown, etc. so i think central people will be sensible in the will recognize that this is the time to be cautious with increasing cases. so also a time in the rest when the flu season takes over across much of india. so from multiple point of view not discove

, but delta and southwest stood out for their balance sheet. i think this will blur into the back ground eventually but to your point,this is the billboard, also chicago, denver, these were where the issues were so maybe that is the reason why this one underperformed the entire group because everyone wasec effected. so we have all have family or friends stranded in an airport, but when this gets the headlines, this will be a blip on their earnings but people will not fly because they heard this story so this could last a little bit longer than a one-day, one-week, one-month event. because people will listen to their friends and family and not get on southwest for the next quarter. >> the action was heavy in the options market, mike you saw this earlier today >> yeah. this one traded more than 16 times its average daily put volume today it was the 21st busiest single stock option it is not one of the names that typically is in that top 50 list the most accurate options were the weekly 34 strike puts we saw them trading for by 52 cents and it did

lisa: it sure is. 26 by the delta, 44 and san francisco. we have a wind chill index, fog, and a dry pattern the next several days. i will explain and talk about what the stretch for hanukkah and christmas next. amanda: thanks, lisa. actions of a nevada police officer are being questioned after he shot a dog which later had to be euthanized. we hear from the owners in an interview you will only see here on abc 7. but first, helping bay area families in need. families in need. how you can help make so meet leon the third... leon the second... and leon... the first of them all. three generations, who all bank differently with chase. leon's saving up for his first set of wheels... nice try. really? this leon's paying for his paint job on the spot... and this leon, as a chase private client, he's in the south of france, taking out cash with no atm fees. that's because this family of leons has chase. actually, it's león. ooh la la! one bank for now. for later. for life. chase. make more of what's yours. you might take something for your heart...

that's why they're making delta air lines their top pick and they're upgrading delta air lines. they believe ticket prices will cool just slightly becky? >> thank you. >>> by the way, that strong november jobs report has boosted the outlook among a small number of economists for a soft landing. steve liesman joins us with the details on that. good morning >> good morning, becky the strong jobs report marketed another david point that defied the prevailing outlook for a cooling economy careening toward a recession. but the outlook this morning showing still forecasting a high probability of a recession let's take a look. looking at the probability of a greater than 50% chance of recession, 57% of respondents thinks that's the case 23%, less than a quarter, think there's a greater than 50% chance of a soft landing there's your chart right there now, aggressive fed rate hikes designed to slow the economy the primary reason cited for the recession coming let's do the minority report and look at what the soft landing camp sees. there's a bunch of things. got the strong jobs number it

delta raised its guidance. in fact, united's ceo scott kikish kirby addressed the disconnect with our fill lebeau earlier this week. listen >> investors have a hard time with two things. one, recessions have to be bad for airlines they don't realize we're coming from such a depressed level. the second is capacity the investors are worried about total industry capacity and are probably will today with united's order but the reality is the constraints on pilots, on aircraft manufacturers, and air traffic control saturation means supply is going to be constrained and chabllenged. >> my next guest is still bullish and delta and united are two of her top picks for 2023. joining me is helane becker and jeff kilburg is here with me as well and he is bullish on boeing. helane, let's start with you what are investors afraid of here recession? >> yes, in a word. i think scott summed it up recession and too much capacity. and our view is that the airlines are already in a recession. they had about the worst thing that cou

>> it's incredible busy right now, i haven't seen numbers like this since honestly the delta surge that we saw approximately a year ago, the emergency room is very full, long wait times and the waiting room is extremely crowded. a combination of all three, i'm seeing young adults with the flu, older adults with both flu and covid and our young pediatric patients with rsv and other common respiratory illnesses we see this time of year. >> according to cdc numbers over the last two months flu has killed an average of 75 people a day nationally, covid still killing about 300 people a day, do you think we're underselling the concern of covid? >> i hear that concern and i want to say that i think to be honest with you covid-19 has been lurking in the background since the begining of this pandemic and luckily we begin to understand how to risk stratify and understand those patients highest at risk. paxlovid for patients who are outpatients. the problem with the flu and rsv that provides an additional constraint on the emergency room, even for rsv, my pediatric patients thankfully only a small

why is delta air lines the one and why is 2023 the year? andrew: people are traveling. they may not like traveling on airplanes. they did a good job, the same metric, customer base and pretty profitable. they spent earnings double next year and people still want to travel and get lower fuel costs as well. jack hough: they filled every seat. you are our resident buffet buffetologist. he did a bad year in 20 to you if you're up to mystic about 23, can they keep up with high flyers? andrew: they have offensive capabilities. one hundred billion dollars in cash, 30 billion in earnings power and the slumber post pandemic made some good investments, chevron, occidental petroleum, bircher is well set up for 2023. jack otter: how much room is there, are we looking at twitter as cost cutting and will the same thing happen across all of them? andrew: elon musk can cut 70% of its cash. there's an activist push to cut costs, a lot of pressure on the company to get leaner, get in the environment and it is a great franchise, stocks down 30%, could be well set up for 2023. jack otter:

delta have not yet comment on this unfolding incident. >>> art literally imitate life in london. a woman who turned out to be a statue. someone called and claim a person aspears to be suffering a medical injury. that person turned out to be christina, a realistic sculpture. c ccops quickly discovered ther they were there to rescue a piece of art. you understand where that person was coming calling the cops? >> yes. credit to the person who made that statute. >> the paramedics unava unavailable -- unavailable to revive statue. >> you are right, thank you, carly. >> the libya man accused of bombing the pan am plane is set to appear before the judge today. >> pearce morgan on the justice more than three decade in the making. ♪ over the last 100 years, lincoln's witnessed a good bit of history. even made some themselves. makes you wonder... what will they do for an encore? ♪ well, we fell in love through gaming. but now the internet lags and it throws the whole thing off. when did you first discover this lag? i signed us up for t-mobile home internet. ugh! but, we found other int

visibility down to nothing in novato, half mile in the delta. we have a dense fog advisory through 11:00. temperatures on the cool side, low to mid 40's. in the north bay we have 30's. that is cooler, degrees cooler on the bayshore, 11 degrees colder in novato. your christmas eve forecast calling for hazy sunshine and moderate air quality turning poor in parts of the south bay and east bay due to hazy conditions. high pressure keeps a lid on the atmosphere. low to mid 60's around the bay today. we will talk about when the rain arrives after christmas. maybe a wet week. >> heavy snow, wind, and brutally cold temperatures creating one of the coldest christmases in decades. 28 states have seen temperatures drop below zero. across 23 states, more than 1.5 million customers lost power. >> you feel like you immediately have bicycles on your eyelashes. >> all the holiday travel is proving to be dangerous. nearly 50 car pileup on the ohio turnpike killed at least four people. in western new york, several feet of snow expected. highways like this one alr

why is delta air lines the one and why is 2023 the year? andrew: people are traveling. they may not like traveling on airplanes. they did a good job, the same metric, customer base and pretty profitable. they spent earnings double next year and people still want to travel and get lower fuel costs as well. jack hough: they filled every seat. you are our resident buf buffetologist. he did a bad year in 20 to you if you're up to mystic about 23, can they keep up with high flyers? andrew: they have offensive capabilities. one hundred billion dollars in cash, 30 billion in earnings power and the slumber post pandemic made some good investments, chevron, occidental petroleum, bircher is well set up for 2023. jack otter: how much room is there, are we looking at twitter as cost cutting and will the same thing happen across all of them? andrew: elon musk can cut 70% of its cash. there's an activist push to cut costs, a lot of pressure on the company to get leaner, get in the environment and it is a great franchise, stocks down 30%, could be well set up for 2023. jack otter: nex

kinda straight as well as the delta that will go on through about nine o'clock in the morning for the rest of us will start out with partly cloudy skies. air quality is expected to remain good to moderate for the weekend, watching the system here of the coastline well off the coastline of southern california. it eventually crosses over by tomorrow afternoon. a lot of cloud cover perhaps over central and southern portions of the statement. for us, we're likely to be a mostly clear and no rain expected. there is a view of some of that rain. and then as we roll through saturday into the evening hours, it's moving over. you can see southern california and areas over baja california we re main in the clear with the dry conditions all the way into tuesday now where there's another disturbance may come our way. it doesn't look like much. maybe a few sprinkles right now we're calling for just 10% chance of rain on tuesday. the outlook for the arrest of the month looks fairly dry and we are kind of right within that area of below average when it comes to any more rain or snow by the end of the

visibility for your travels on the tri valley, 5, 86, 80 on up through concord highway for out to the delta. all of solano county and valleys of the north bay affected by these dense fog advisories. visibility is currently below a mile down to a quarter mile and some spots like nevado and napa, concord and livermore. even san jose in mountain view, looking at some really dense fog down there. so take it slower and give yourself extra time as you're getting out about because of poor air quality. if you have respiratory conditions, make sure you're taking it a bit easier today, too. now san jose, you're at 38 degrees right now. redwood city all the way down to 33 while berkeley, oakland and alameda in the upper 30's, san francisco in vallejo barely hanging on to the low 40's. it is a chilly morning and it is a hazy morning. so things to consider as you're venturing out to start this new work week. but we will remain dry today. i'm talking more about what to expect for the rest of the week. still to come, james. >> all right, john, thank you. on the traffic front, it's not that bad. actually.

from areas like the tri valley on up 6.80, through danville, conquered out along highway 4 into the delta that all of solano county and the valleys of the north bay. these will remain foggy likely through the middle of the day. fog will lift a bit to be a problem on into tomorrow morning to specially out towards the central valley, concord livermore, san jose in mountain view novato as well as santa rosa among area seeing visibility dropping below a quarter of a mile this morning. so watch your travels as you get back out on the roads to start the new week. now current temperatures are pretty chilly. redwood city. you're at 32 right now about view in livermore. 37 while oakland at 38 degrees. berkeley, a cool 36 right now. well, the late host san francisco in novato in the low 40's, all the talk of the rest of your forecast as we approach christmas. still to come, james. john, thank you. checking the roads this morning. we're looking at fairly nice conditions. i know there's a bit of a backup here at the papers, but it really isn't all that bad. >> it only extends past the mayor just up t

parts of the north bay down to about a quarter of a mile in santa rosa and napa, coming through the delta and the tri-valley. as we look at where we're headed for the day, some upper 50s for this afternoon in san jose. we'll only reach 50 degrees in concord. temperatures will be kept down, so we'll talk more about what's ahead as we go throughout the week and, mike, hopefully the visibility improves soon. >>> pockets of fog creeping down here, the dublin camera. looking at the map, the road weather conditions show you -- well, i showed you the live camera in dublin. we had fog registering 205 out of the altamont, patches of fog. valley how down to the water at the carquinez bridge. the north bay, other patches, your usual suspects as well as along the coast. the fog is the big issue. the speeds are moving smoothly and no major crashes. >> thanks, mike. >>> new developments on a carjacking and chase in the east bay. officers arrested three of the suspects. police were led on a wild pursuit from fremont to 680. this all started around 5:00 in a parking lot on stevenson boulevard in fremont

delta's balance sheet is the best in the business i listened to the investor, heard about free cash flow that's probably going to double in 2023. i think airlines look interesting. recessionary head winds are going to be people traveling less they're traveling less than they were they are sitting in the front of the bus, going back to work. i think airline, the valuations for those that haven't inflated their debt profile are very interesting. >> i think ual was a teenager at the height of the covid. i don't think it's trading there again. tim says it a lot -- when things start from really bad, which i don't think we're there, but to start only sort of bad, and that's going to take place next year this stock valuation is not a concern, although delta is probably better situated if you want to get ahead of airlines do it mid january, february. >>> lulu lemon unable to recover. stock on pace for its worst month since may. can the athletics company face a rebound in the new year? the chairpersonwoman -- bonnawynn, where do you stand on lulu >> they marketed the inventory sells at strategic

it is a sharp turnaround from 2020 when delta posted a record loss, delta ceo says even with concerns about a possible recession, people are prioritizing where they want to spend their money, and they are prioritizing investing in themselves. and in experience. union workers at two of the nation's largest grocery chains are trying to block that merger between kroger and albertsons. they say if approved, the deal will raise consumer prices, reduced competition and closed stores and cut jobs. california is also among the states trying to stop albertsons from paying $4 billion in dividends to shareholders. executives at kroger and albertson say they are committed. to building on their track records of supporting workers. pam cook, let's look at your dollars and cents. thank you, pam. millions of americans are under severe weather alerts this morning as the storm we experienced over the weekend makes its way and picks up steam across the country and early morning tornado in oklahoma damaged several homes, knocked out power and toppled trees was actually shocked. nothing worse happened to

>> yeah, i think you could go out to february, buy some 30 delta calls if you try to play for a bounce, i wouldn't reach for the stock. >>> a commodities corner, which could return more in 2023, shiniy gold or dull iron ore for everything "options action" check out our website and newsletter much, much more option os after this stay with us >> announcer: calling all "options action" fan, reach into your pocket and grab your phone, tweet us your question @optionsaction if it's nice we'll answer on air if it's nice we'll answer on air when "options action" returns.r. "options action" is sponsored by think or swim by td ameritrade personalized education to expand your perspective. and a dedicated trade desk of expert-level support. that will push you to be even better. and just might change how you trade—forever. because once you experience thinkorswim® by td ameritrade ♪♪♪ there's no going back. you want to see something cool? ♪♪♪ xfinity rewards is how we go beyond saying thanks. so we're going to spread the joy this holiday season, the xfinity way. take your trusty sidek