The Transamerica Pyramid building, center, stands in the skyline of downtown in this aerial photograph taken above San Francisco, California, U.S. (Photographer: David Paul Morris/Bloomberg)

Stanford Offers $4.7 Billion for California Housing, Transit

(Bloomberg) -- Stanford University, hoping to appease officials opposed to its planned expansion, is offering to spend $4.7 billion to relieve pressures on housing and transit that are plaguing res...

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