Very happy we are not in the frozen grips of the arctic air mass in the eastern third of the country. We are milder this morning because of the cloud cover. 42 is the temperature through 7 00 and 53 around the bay at noon and near normal and midtoupper 50s at 4 00 and back to 50 with clouds keeping it mild. Clouds inland and help toes in the midtoupper 30s and above average in the upper 50s to low 60s in the afternoon. A light breeze in the evening at 48. At the coast, we have temperatures running in the mid40s with high clouds and a few sprinkles possible but it will evaporate before it reaches the ground. By evening, about 49 degrees. Possible injury accident southbound on 680 at walk boulevard to fremont. Southbound direction, it is blocking one lane. We are watching this other accident, northbound 880 headed up to industrial parkway, a car versus a have divider with southbound traffic coming away from highway 92. Here is a picture of the bay big tolls where metering lights have not
Latest on whats moving your money. Also, backtoschool in full swing across the country. Its the biggest shopping season of the year after christmas, and now analysts at citigroup are saying williamssonoma will be the biggest winner in the backtoschool frenzy. Really . Williamssonoma. You might be surprised to find out why. And would you take less pay if your company gave you a bigger 401 k match . Nearly half of the respondents in one survey say they would. We will give you the details and also give you a chance to vote if that would be the best financial move for you. And in the markets right now, as tyler mentioned, the dows off about 31 points. At the lows, we were off 52. The nasdaq, meanwhile, down about 24, and the s p 500 off 6 1 2 points. And were keeping an eye, tyler, on a lot of individual movers. King digital will report after the close, but otherwise, its been relatively quiet. Indeed it has. Joining our Closing Bell Exchange this afternoon, rob morgue from v2v associates,
Part made his reputation on this and his participation in ensuring a smooth transition for president fords move into the white house, we at have the library know from our experiences that researchers ,com,com ma scholars, Civil Servants and curious citizens will find ways to learn from his collection that we cannot really imagine today. The continuing interest in technology, its free flow with the subject of a book that we reviewed yesterday in the wall street journal. This particular collection, the whitehead papers, gives us all gathered here today much pride. Under the leadership of librarian of congress j. H. Billington and with great assistance from chief of the Manuscript Division and his extraordinary staff, allen koltai tom studs and janice ruse, dr. Whitehead, toms widow has developed a web site containing digitized copies of much of the collection. Knowing that there are jams her to be discovered by future generations, she has explored the last and most effective ways to orga
Also sac is firing back at the u. S. Government. The wall street journal reports the firm sent a memo to all employees with a rebuttal to allegations that steven cohen failed to take proper steps to prevent Insider Trading. Sac says that evidence shows that cohen didnt read the email at the center of the allegations. That email in question is from august of 2008. The s. E. C. Says it reflected, quote, clear possibility that information about upcoming dell earnings was improperly obtained. The government says the email was forwarded to cohens office and home email addresses. In a report prepared by cohaens lawyer says that so many emails landed in his inboxes that he opened just 11 of them. Interesting. Dow component, dupont, if you saw the top of the hour, i dont know, i recorded something about it. We knew it was coming. Alan coleman will be on the show later today. At this point, it is either a there is some stuff in here. Some net numbers just one net number, 1. 11. The street 1. 27
Too. The deadline for one day strike is less than 3 hours from now. Ac transit workers ready to walk off the job at midnight. Wages and medical benefits still the main sticking point. As many as 200,000 people ride ac transit every day. Strike could strand many of those who have no other way to get around. Our transportation. Thats what we rely on. We dont drive. So its basically our car. So thats what we do. We take the bus everywhere. About an hour ago the Transit Agency said it is optimistic about reaching an agreement. Talk could continue past the midnight deadline too. Transit employee have been working without a new labor contract since the end of june. Agency serves 27 cities most in the east bay but also San Francisco and palo alto. Now as for the bart labor dispute. Tomorrow representatives for bart and 2 yawn will make presentation before a 3 person panel appointed by Governor Brown to investigate the dispute. That panel will present the governor with report by week end. He w