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Hello, everybody. I am gerri willis. Another bailout from president obama. That is what some in detroit say they deserve for helping reelect their commanderinchief. The city on the brink of financial collapse and will soon lay off thousands of city workers to pay off bills. The total outstanding debt is more than a billion dollars. That is according to moodys investor services. Joann watson, city councilmember, her comments are sparking controversy. She claims the president owes the city another bailout because they voted them into office. He went to washington dc and he came back home with so...

Soon, this is a call, publicly, for an obama bailout. So, who is next . California, illinois, good question. Raise tax rates on the rich or no deal. Yeah, the line has been drawn again. President obama says america is poised to take off, but only if the republicans agree to tax the rich directly. He will only accept higher tax rates. How will Speaker Boehner respond to that . He speaks within the hour. And how about this, top anchors at a news network visit the white house for a cozy chat with the president. Tell us, mr. President , how can we sell your tax the rich policy . Citigroup, 11,000 ...

Famous dress in the world . And good morning, america. So much to get to on this busy tuesday morning. Cold weather set to hit even l. A. And phoenix. One of many reasons to welcome sam here right at the start this morning. Good morning, everybody. You made headlines yesterday. You were off yesterday. But you were not resting. We are so excited for you. A big, new adventure for you with your new job at the Weather Channel. After 25 years here, the one thing i can tell you is everybody has been amazing for an opportunity that i have that i never thought i would get a chance to do Something Like...

Rich edson, thank you. Adam Meridian Equity Partners on the floor of the New York Stock Exchange. Thank you for joining us. It is good to see you. How do you make heads and tails of this back and forth. Is this just posturing . It is this typical actions we see come out of washington and the market has the typical reaction to that kind of movement. We have two parties that are posturing as to how this is going to play out. It seems to us this is not going to get accomplished in time, this is going to go through the deadline. We are hoping soon after that there will be some sort of solution it ...

For what happens next. In corporate news, becky, apple hold ago product event in california today. The company is expected to unveil the latest event to the companys new line. Mavericks operating system. In other tech news, nokia launching its first tablet today along with two large screen smartphones. These are among the last products the company developed to compete with apple. And samsung. Before deciding to sell its hand set business to microsoft. Microsoft, service 2 and service 2 pro tablets go on sale in 22 initial markets today, including the United States. Both are updates of the firs...