The stock market has soared to new heights, prompting a record number of Silicon Valley companies to go public.

Nuria Fernandez, former G.M. for the Santa Clara Valley Transportation Authority is now Federal Transit Administration's senior official.

Mayor Chuck Reed is in Washington to tell the Administration what he thinks of the stimulus package. The feds probably wish he hadn’t come at all. When asked at a meeting at the Brookings Institute how $79 million in federal stimulus funding has helped San Jose deal with the recession, Reed answered, “It’s been a very minimal impact.”

“The money you give us to put people to work is not creating long-term jobs,” Reed complained