Morning Wrap: 2/1/12

Top of the morning’s news:

• State Controller John Chiang warns that California will run out of cash by early March if the Legislature doesn’t take immediate action. Chronicle
• California now gets about 5 percent of its electricity from wind power. Mercury News
• The Mexican Museum, which hopes to break ground on a new San Francisco facility next year, was named an affiliate of the Smithsonian Institution. Oakland Tribune
• “Soul Train” creator Don Cornelius was found dead at his home in Los Angeles of an apparent self-inflicted gunshot wound. LA Times
• Sen. Dianne Feinstein’s re-election campaign raised nearly $950,000 the last three months of 2011, replenishing somewhat the $4.6 million that disappeared before former campaign treasurer Kinde Durkee was charged with mail fraud. AP
• San Francisco broke ground on a new cruise ship terminal at Pier 27. SF Business Times
• Fifteen-year-old Moses Kamin of Oakland was charged as an adult in the strangulation deaths of his adoptive parents, whose bodies were found stuffed in the trunk of their car near Lake Merritt. AP