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Necessity. chesky quit his design job and joined gebia in san francisco. between the two of them, they couldn t pay their first month s rent. it turns out that weekend, there was this international design conference. all the hotels were sold out and we had this idea, let s create a bed and breakfast for the design conference. we pulled the air beds on out of the conference, we inflated them and called it the air bed & breakfast. a light bulb went off, but early skeptics of their idea didn t believe people would invite strangers into their homes. in 2008, without big investors, they began covering their costs by selling breakfast cereal. and so joe and i and nate were totally broke. and one night we re in the late night in the kitchen we re like, we re air bed and breakfast. air beds aren t selling very well. maybe we ll go into breakfast cereal. we ended up selling barack obama themed cereal. we call it obama-os, the ....
Was born of necessity. he quit his design job and joined a partner in san francisco. between the two of them, they couldn t pay their first month s rent. that weekend, there was a conference. all the hotels were sold out. we had this idea, let s create a bed and breakfast for the conference. we pulled air beds out and inflated them. we called it the air bed and breakfast. reporter: a lightbulb went off. early skeptics didn t believe people would invite strangers into their homes. in 2008 without big investors, they began covering their costs by selling breakfast cereal. so, joe and i are totally broke. one night, we are in a late night in the kitchen. we are air bed and breakfast. air beds aren t selling well. we ll go to breakfast cereal. we called obama o s and captain ....
from the besieged arab red crescent. western diplomats say that iran is trying to clean up something at its military base. inspectors believe the site may have been used to test triggers for nuclear bombs. this is what a solar flair looks like up close. the flair erupted and was captured by scientists in this dramatic video by nasa. we should be feeling its effects today as radiation distorts the magnetic field possibly disrupting the gps signals. those are the headlines from cnn. i m juanita raj paul. world business today starts now. good morning from cnn london, i m nina dos santos. and a very good afternoon from cnn hong kong, i m andrew stevens. welcome to world business today. the top stories this thursday, a boom town in the midst of devastation. we ll tell you about a japanese city doing brisk business as its neighbors struggle to rebuild. the deadline for the greek debt swap is fast approaching. the signs so far are good as people sign up to push t ....