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Twitter isnt the only stock to do that this year. Coming up, well name names and tell you what this could all mean for another huge ipo. Stay tuned for that. We were taking bets on where it will price. See how all that shakes out. It turns out that it is not true that the socalled wealthy pay the most income tax in america. Jane wells has learned that they pay all the income tax. 106 of income taxes. You heard that right. They pay more than 100 . How is that possible . Stay tuned for this stunning report. And lets check the markets right now. The final hour of the day, pretty much a down day across the board for the major averages. The dow jones is actually an outperformer helped by mastercard. Helped by home depot as well in there but down about 87 points at the moment. The nasdaq is still off. Clutching that 4,000 level. The s p 500 has shed 15 points and got below 1790 as we speak. Maryann bartels from merrill lynch, Adam Thurgood ....
School. Because of what you are looking at right there caused some power problems and school is canceled for the day today. We will have a live report. Alex savidge is out there this morning. We will go to him in just a little bit. Thank you for joining us im pam cook. And im brian flores. Dave clark has the day off. Lets get a quick look at weather and traffic. Rosemary in for steve. Yes, good morning to you. It will be a weekend to be outdoors. Temperatures are going to be in the mid to upper 60s in some cases. At this hour a different story. Its a cold start once again. Most of us waking up very similar to yesterday within a few degrees. 30degrees in concord. Slipping to below freezing at this hour. 32 in walnut creek. Closer to the bay not as cold. 45 in San Francisco. Upper 30s mountain view. Seeing a little bit of patchy fog out there this morning. Clouds hanging over parts of the east bay. We shift to the north. This is wher ....