Daily Business Update from the Boston Globe

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	ADVERTISEMENT Friday, April 1, 2011 Steward to invest at least $110 million in Morton Hospital Morton Hospital and Medical Center of Taunton notified its employees this morning that it will be acquired by Steward Health Care Systems, the investor-owned Boston chain that runs six hospitals in eastern Massachusetts and has agreements to buy two others Thursday, March 31, 2011 Authority chief agrees to pay cut Governor Deval Patrick has scored a major advance in his effort to rein in compensation at the state's independent authorities, with the head of the Massachusetts Convention Center Authority, James E. Rooney, agreeing to a 9 percent pay cut and other reduced benefits. Herald property slated for redevelopment National Development is shopping a new plan to redevelop the Boston Herald property in the South End, soliciting major retailers to anchor a complex that would also include dozens of residences, the company confirmed today.