He's one of the few people who had some idea of how the numbers are supposed to add up.

That includes a mandate to have 1.4 million electric and hybrid vehicles on state roads by 2025.

Not for a while, judging by this.

What could become the mother of all public offerings will formally get underway as early as Wednesday, reports the WSJ, citing sources. The company is currently looking at a valuation of $75 billion to $100 billion. It would take several months before Facebook actually becomes a public company. Facebook's IPO, which people familiar with the matter earlier said could raise as much as $10 billion, has been hotly anticipated as a defining moment for the...

The Senate maps drawn by a citizens commission can be used in this year's elections.

A growth rate of 2.8% is not the kick-start that the economy requires.

Economy moves modestly, pension shortfall shrinks a bit, consumer sentiment improves, and Ari Emanuel's parking squabble.

It's all in the way stoplights are timed.

An interesting take on what's going on.

One of those positive stories that's not getting as much notice as it should.

It isn't pretty.

The purple and gold top the NY Knicks, according to Forbes.

Better poll numbers for Obama, council redistricting madness, Amgen buys big biotech company, and Rosie ratings plummet.

"We expect DVD subscriptions to decline steadily for every quarter forever," says the CEO.

The stock is up over 6 percent today, to $447 and change.

That's the takeaway from this morning's announcement that short-term rates are expected to remain close to zero through at least 2014. That compares with the Federal Reserve's earlier forecast of mid-2013. By keeping rates so low, the Fed is hoping to spur spending and growth. From the NYT: The decision means that the Fed does not expect the economy to complete its recovery from the 2008 crisis over the next three years. By holding rates...

Midnight to 5 a.m. is the fastest growing time segment for U.S. sales at McDonald's, which helps explain why nearly 40 percent of the company's U.S. outlets are open around the clock. Burger King has several hundred of its stores open 24 hours a day. From the WSJ: Pat Treffiletti, a franchisee who owns four McDonald's in Albany, N.Y., was taken aback when a student in a college class he addressed a few years ago...

The airport saw a 4.7 percent increase in passengers last year.

It's not that he did anything wrong - it's that he doesn't believe what he gets away with is wrong.

Interest rates on hold, more bad reviews for bullet train, McCourt gets skewered, and telenovelas in English.

SF's unemployment rate in December was 7.6 percent, while Imperial County had a rate was almost 27 percent.

California voters like the idea of the rich paying more taxes, but nearly two-thirds oppose raising the sales tax.

Frankly, not much, other than the fact that he's a super-rich guy.

And for a very simple reason: Hollywood pays lawmakers a lot better.

Still unclear why it's happening.

Another blow to the local cruise business.

Romney's taxes, weak returns for Calpers, Happy Hour at Starbucks, and Silicon Valley's average salary tops 100K.

Geez, Walt must be spinning.

From now until election day, it's all about gas prices, the stock market and the jobless rate.

Another reminder of the city's bureaucratic ineptitude.

Gift-giving during the holidays.

Good luck trying to explain this away during a debate.

Michael Raynor, co-author of "The Innovator's Solution" and a director at Deloitte Consulting, will be featured at the next Live Talks Business Forum on Thursday morning at the City Club. He'll be in conversation with Karen Kerr, Senior Director of New Ventures and Alliances at USC. Breakfast starts at 7:45 and the program at 8:15. For free tickets, click here....

Dodger bidding begins, LAX expansion delays, layoffs for JC Penney, and little urgency on pension reform.