Chicago Business News for January 21, 2013

Crain's Real Estate Forum: The Next Downtown Office Tower: One and Done?

A panel of Chicago real estate veterans will discuss “The Next Downtown Office Tower: One and Done?” at the Crain's Real Estate Forum next month.

Retail vacancy improvement halts in fourth quarter

The local rate held steady at 8.7 percent after falling for 10 straight quarters.

McDonald's settles Michigan lawsuit over Islamic diet

(AP) — McDonald's Corp. and a franchise owner have reached a tentative settlement in a lawsuit alleging that food at a Detroit-area restaurant with a large Muslim customer base wasn't prepared according to Islamic dietary laws as advertised.

Beam sells 5 brands to Everclear owner Luxco

The $65 million deal calls for Beam to continue making the brands for another year.

John Allen, longtime Amli executive, dies at 76

Before co-founding a predecessor firm in 1980, he made partner as a lawyer at Mayer Brown.

Illinois politics on inaugural menu as pols party in D.C.

Weekend parties to kick off the festivities featured a corporate and political who's who, and the race to replace ex-Rep. Jesse Jackson Jr. dominated cocktail chatter.

Podolsky Northstar merges with smaller local firm

The deal with Circle Realty Advisors creates a firm named Podolsky Circle CORFAC International.

Morning 10: Exelon's tax headache | Cubs' Wrigley plans | Illinois inaugural parties

Exelon Corp. is at war with the IRS over a potential tax liability of as much as $870 million, stemming from steps the Chicago-based electricity giant took more than a decade ago to shelter gains from the $4.8 billion sale of its coal-fired power plants in Illinois. Find the details in Crain's.

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