Affymax’s 3rd-quarter loss narrows on larger payment from anemia drug partnership

Affymax 3Q loss narrows partnership payments

Cluster of Calif. teen suicides spurs community’s anguish, questions, random acts of kindness

Anguish over California teen suicides spurs action

Report: Stanford University portfolio shrinks 26 percent, fund value falls $5.9 billion

PALO ALTO, Calif. — A new report from Stanford’s money managers says the value of the university’s investment portfolio plunged nearly $6 billion over the last fiscal year, a drop university officials called unprecedented.

Stanford University lays off more than 400 employees as value of endowment plummets

PALO ALTO, Calif. — Stanford University has laid off 412 employees over the past eight months and plans an additional 60 layoffs later this year to offset a steep drop in the value of its endowment.

Tesla to build electric car parts at Palo Alto, Calif., plant with aid from gov’t loans

PALO ALTO, Calif. — Tesla Motors will open a new power train production facility and corporate headquarters in Palo Alto, Calif., as the electric-car maker moves to expand production after a recent award of government loans, the company said Tuesday.

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