Chicago Business News for February 8, 2013

Advocate Health Care moving headquarters to Downers Grove

Taking advantage of the weak suburban office market, the state's largest health system confirms it will leave Oak Brook this spring.

Merchandise Mart president stepping down

Mark Falanga is leaving about six months after signing a 572,000-square-foot lease with Google Inc. that will change the face of Chicago's largest commercial building.

CFTC fines Gelber Group $750,000

The Commodity Futures Trading Commission fined Chicago-based futures trading firm Gelber Group LLC $750,000 over fake trades the company's employees made on the Chicago Mercantile Exchange and the IntercontinentalExchange Inc.

Three buildings make National Register of Historic Places

The Neuville, 232 E. Walton, is now listed along with the Polish Roman Catholic Union of America Building and the Vesta Accumulator Company Building.

Handwriting is on the wall for Newberry Library

The Mellon Foundation donates $600,000 for a program to teach scholars how to read handwriting of the Romance languages.

Apartments 'a very competitive environment'

Chris Hunt, who opened a regional office in 2011 for El Paso, Texas-based Hunt Cos., notes there's a lot in the local pipeline but that he 'wouldn't rule out' multifamily development here.

How airlines prepare for big storms

(AP) — As Chicago mops up and the Northeast braces for a big winter blast, airlines employ a strategy that has served them well: Cancel flights early, and keep planes and crews — and passengers — away from snowed-in airports.

Sen. Kirk, colleagues seek deal on gun background checks

(AP) — Sen. Mark Kirk is one of a bipartisan quartet of senators, including two NRA members and two with "F'' ratings from the potent firearms lobby, quietly trying to find a compromise on expanding the requirement for gun-sale background checks.

Updated 10 a.m.

McDonald's January sales fall more than expected

(AP) — But same-store results in the U.S. edged up, helped by the addition of the Grilled Onion Cheddar burger to the Dollar Menu.

Our most-viewed stories in the past week

Leona's, the Ritz-Carlton Residences and the Giannoulias family make the list.

Morning 10: Miffed over TIF | Red-light firm shakeup | Auto show preview

As the city's privatization efforts advance, the idea of leasing Chicago's Midway International Airport is drawing investor interest from Global Infrastructure Partners L.P. to Ferrovial S.A., London Heathrow's biggest shareholder. Bloomberg's story is here.

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