erica ferrari here in new york with that and more. a, good morning to you. >>> good morning, terrell. asian markets rallied tokyo's nikkei gained half a percent. hong kong's hang seng also added half a percent. alcoa posted its fourth quarter earnings and it met wall street's expectations. america's largest producer of aluminum reported profits of $242 million. that's about a 6% increase from last year. alcoa is predicting a 7% rise in demand for this year. alcoa posted its numbers after wall street closed. the dow dropped 55 points to 13,328 and the nasdaq also fell 7 points. >> and if you're going to fire your taxes early, you'll have to wait until january 30. filing was supposed to start january 22nd but it was moved up because of the fight over the fiscal cliff. some are worried the upcoming fight over the debt ceiling could force the treasury department to delay sending out tax refunds. >>> and on march 1st, the treasury department will stop sending social security checks through the mail. recipients have to switch to electronic p

>> erica ferrari here in new york. erica, thank you so much. >>> coming up next we'll have your weather and in golf annika sorenstam couldn't avoid taking a slice not on the course but in the kitchen. we will show you her latest tweets when we come back. latest tweets when we come back. everything's better with a great cup of coffee. exceptionally smooth and perfectly balanced for a harmonious blend of flavor, body and aroma. green mountain coffee for your keurig brewer. brew a better day. miss, this seat's available. (sighs) this is too good to be true. hi. john stamos. enchantÉ this is too good to be true. dannon oikos non-fat yogurt... delicious yet healthy. sounds too good to be true. there are things that are too good to be true... such as dannon oikos. thick, creamy, with 0% fat and twice the protein... of regular low-fat yogurt mmm huh. i want an oikos! dannon oikos greek non-fat yogurt... too delicious to be so nutritious. dannon >>> here's a look at the weather in some cities around the country. in new york su

erica ferrari of cbsmoneywatch.com, thank you. >>> 5:42.reamliner is under scrutiny after two incidents involving a passenger plane in boston this week. the latest was yesterday when a japan airlines jet leaked fuel while taxiing at logan international airport. it followed an electrical fire on another plane monday after passengers disembarked following a flight from tokyo. but cbs aviation analyst captain chesley sullenberger says it's too soon to judge this new plane. >> no matter how much testing you do, there are some things that, unfortunately, are inevitably discovered during the real world of operational airline flying. >> 787 dreamliner will make its bay area debut friday at mineta international airport in san jose when all nippon airlines launches its nonstop service between san jose and tokyo. >>> there's word this morning that apple is working on a cheaper iphone that could be available later this year. a report in the "wall street journal" says apple is planning the less expensive. phone as sales of android power devices soar. i

erica ferrari here with more on that. good morning. >> good morning, terrell. positive numbers from asia rallied the markets. tokyo he's nisei added half a percent. hong kong's hang seng also added half a percent. the dow was up 61 points while the nasdaq gained 14. the consumer financial protection bureau is unveiling new rules aimed at protecting mortgage borrowers. the regulations will ban lenders from offering risky interest-only and no documentation loans and most loan payments will be capped at 43% of the borougher's annual income. the rules will go into effect next year. >>> aig has decided against suing against the federal government. they considered joining a suit filed by its former ceo. it was too severe. aig received $182 billion in taxpayer money during the financial crisis. the company is in the midst of a pr campaign thanking america for its rescue. >>> and we're getting to that -- we're getting close to that dreaded time of year, tax season, and with the tax code nearly 4 million worth, preparing a return is time-consuming work in this country.

erica ferrari for cbs news new york. >>> rain is making an impact, the bayer building forced to vacate because of a slipping hillside. >>> families arriving to mark the one hundredth anniversary of the tragic crew ship on sunday. we will have that story coming up. >>> sunny skies may have chased away real storms but the danger is hidden in bay area hillsides. one of those saturated slopes is turning into a landslide and threatening the lawrence berkeley land. why lab employees are in a race. >> this land slide has evacuated building 46 closing mcmillen road and displacing 160 exployees. >> late november or early december where we had a storm coming into the bay area where it dumped a lot of rain in a very short period of time. >> the type of bedrock that we have in the bay area is generally relatively weak compared to other parts of the state. >>> ron reuben of the geological survey explain why it is not safe. >> the longer you goin the season the greater the risk because the ground has absorbed more water. >> a massive landslide in california happened in 2005, this building is in the

erica. >> al, thanks. new concerns about the paparazzi this morning after a photographer was killed trying to get a shot of justin bieber's ferrar ferrarimorning to you. friends say chris was always hustling, looking for the next big shot and payday. but after an exclusive photo, he paid the ultimate price. >> the flash bulbs, the screaming. >> it's high stress. >> the mob scene. >> it's a price to pay. are you willing to pay it. >> a cat and mouse game between paparazzi and stars that can get downright scary. >> please don't chase me, i'm pregnant. >> justin bieber's car was pulled over for speeding. he didn't know he wasn't in the car and as he tried to get a shot in a busy road, he was killed by a passing suv. >> reporter: saying the right picture can bring anywhere from 50 to $100,000. >> we're dealing with a billion dollar industry called hollywood. this ain't no joke. it is money that drives you. >> reporter: justin bieber has had his own share of run-ins with the paparazzi including this confrontation in a parking lot last may and high speed chase on a los angeles freeway that landed bieber a speeding ticket in july. in a stateme