Wed, Feb 8, 2012 -- 5:04 PM

Peninsula Drug Sweep Nets 27 Arrests ... Pension Reform Group Suspends Campaign ... Bay Area Biomedical Industry Contracting

Peninsula Drug Sweep Nets 27 Arrests
Local and federal law enforcement officials say a large-scale drug sweep on the Peninsula will hinder local gangs as the try to deal drugs. Hundreds of officers led by the FBI made 27 arrests in East Palo Alto and Menlo Park yesterday.

Pension Reform Group Suspends Initiative Campaign
A group pushing a pension reform initiative for the fall ballot is suspending its campaign. The president of California Pension Reform says the group could not raise enough money to mount a signature drive.

Bay Area Biomedical Industry Contracting, Report Finds
Hiring in the Bay Area's biomedical industry is contracting after decades of expansion, according to a new report from the industry group Bay Bio.