Monday, October 4, 2010

Daily Business Update from the Boston Globe

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Globe Today

Monday, October 4, 2010

Sun Life wins best workplace designation
Sun Life Financial Inc., a financial services company with a big presence in Wellesley, has been given a top rating in a Human Rights Campaign survey that seeks to find the "best places to work" for lesbian, gay, bisexual, and transgender employees.

Loan will help renovate Old Colony
MassHousing, the state's affordable housing bank, announced a $26.7 million construction loan for the first phase of a plan to renovate the Old Colony public housing redevelopment complex in South Boston.

Sanofi Aventis launches takeover battle for Genzyme
PARIS -- Sanofi-Aventis says it is launching a hostile $69 per share takeover battle for Genzyme Corp., the largest biotechnology company in Massachusetts.

Raytheon acquires Technology Associates
WALTHAM -- Raytheon has acquired Technology Associates Inc., a provider of computer engineering for the U.S. intelligence community, the defense contractor said.

Celtics launch Scvngr promotion
The Boston Celtics and Scvngr announced today the creation of a new interactive location-based game called the Boston Celtics Trek.

Local gas prices rise 4 cents
The average price for gas in Massachusetts rose 4 cents in the latest weekly AAA survey to $2.639 a gallon, AAA Southern New England said today.

Baskin-Robbins launches ice cream contest
Baskin-Robbins, the Canton-based sister chain of Dunkin' Donuts, is launching a national online contest that asks dessert lovers to dream up a new ice cream flavor.

Boston Properties to buy Hancock Tower for $930m
Boston Properties Inc., a real estate investment trust whose portfolio includes major properties in the Back Bay, said that it has entered into an agreement to acquire the John Hancock Tower and garage for about $930 million.

Today in Globe Business
A sample of Business stories from today's Globe.

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