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Wed. Aug. 01, 2012 Say good-bye to the Boston Phoenix and hello to The Phoenix, a new weekly magazine The Phoenix Media/Communications Group, a Boston-based independently owned news company, said it will replace its STUFF magazine and its Boston Phoenix alternative weekly with “The Phoenix,” a glossy weekly magazine that plans to combine the content of both its predecessors. With free distribution throughout Greater Boston, the new magazine aims to provide readers with “a richer experience,” and it is set to reach the market in the early fall, said the company, which added that the new format aims to better meet the needs and desires of readers and advertisers.	Advertisement
Langham, Boston’s $6m renovations include a ‘European-style champagne lounge’ The Langham, Boston, said Wednesday that it is in the final stages of a$6 million-plus renovation to the Franklin Street hotel’s 6,000 square foot lobby. Planned renovations include a new entrance, a new reception area, and a new “dining enclave” to complement the existing architecture. The Langham is housed in Boston’s former Federal Reserve Bank building.
Arbella Insurance renews lease at 1100 Crown Colony in Quincy Arbella Insurance Co. recently renewed its lease for 132,160 square feet of office space at 1100 Crown Colony in Quincy, said a broker involved in the transaction. The broker is Colliers International, which added that Arbella leases the entire building. The landlord, Dividend Capital Total Realty Trust, was represented in the lease transaction by Cushman & Wakefield Inc. Headquartered in Quincy, Arbella has revenue of more than $600 million with about $1 billion assets.
Hood plans to give away free ice cream sandwiches Thursday at City Hall Plaza Thursday is a red-letter day in the annals of food science and culinary arts --- It’s National Ice Cream Sandwich Day, and the Hood dairy brand plans to mark this momentous occasion by handing out free ice cream sandwiches on City Hall Plaza in Boston. The ice-cream free-for-all is scheduled to run Thursday from noon to 2 p.m., rain or shine. Ice cream fun won’t be confined to the Hub. Ice cream sandwich giveaways are also scheduled for Hampton Beach, N.H.; Portland, Me.; and West Hartford, Conn.
State Street Global Markets: Investor confidence edged up slightly in July An global index for investor confidence posted a 94 reading in July, up 0.7 points from June’s reading of 93.3, as many investors seemed to be in a cautious mood, State Street Global Markets said. A reading of 100 represents neutral on the index scale. The index also looks at confidence region by region. While sentiment among Asian investors slightly improved in July, confidence among both North American and European investors ticked downwards.
Lenovo forges ties with EMC to boost storage, server sales Lenovo Group Ltd., the world’s second-biggest personal-computer maker, agreed to ally with EMC Corp. to help boost sales of storage equipment and servers that run corporate networks. As part of the deal, Lenovo will resell machines made by EMC, the biggest maker of storage devices. The sales will start in China then move abroad. The agreements, announced in Beijing Wednesday, help Hopkinton-based EMC widen its foothold in China, the world’s second-largest economy. Lenovo gets to expand in products besides personal computers and add sales outside Asia.
Worcester man arrested on child pornography charges is linked to international network An international child pornography network first discovered in Massachusetts has come full circle with another local arrest -- this time in Worcester -- according to federal court documents.
Chicago company to build hotel in Downtown Crossing A Chicago developer is planning construction of a 240-room hotel in Boston’s Downtown Crossing, one of several projects that will help revitalize the time-worn shopping district.
Secretary of State William F. Galvin charges Foxborough man for allegedly defrauding seniors A Foxborough man is being charged with fraud for offering retirees nonexistent investments, then using the money for various personal expenses, the office of Massachusetts Secretary of State William F. Galvin said Tuesday. According to an administrative complaint, John A. Picini took custody of at least $2 million from about 35 clients over a two-year period as part of an effort to “maintain his lifestyle.” Picini’s attorney said his client planned to fight the charges vigorously.
Cole Real Estate Investments completes $93.5m purchase of Bedford office complex An affiliate of Cole Real Estate Investments has completed its $93.5 million purchase of a two-building Bedford office complex that serves as the headquarters for RSA Security, said a broker involved in the transaction. The broker is Cushman & Wakefield, a commercial real estate firm. Cushman & Wakefield represented the seller, Real Estate Capital Partners USA Capital Trust, and procured the buyer. RSA Security, a unit of data storage giant EMC Corp. of Hopkinton, makes software used by many businesses and government agencies to protect data.
Home values in the Boston area increased modestly in May, says Case-Shiller Boston area housing values increased by 2.4 percent in May compared with April, according to data released Tuesday by the S&P/Case-Shiller Home Price Indices. That marked the second consecutive month of increasing values in the region following eight months of slight declines, according to the index. S&P/Case Shiller is considered by real estate specialists to be one of the most accurate measures of home values because it’s based on repeat sales of properties.
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