CME Group Inc. and Sears Holdings will likely have to wait until at least January to find out if the state can put together a deal to keep the headquarters of both here. The Illinois Legislature adjourned without agreement on a package that would deliver tax breaks for the exchanges, Sears and for lower-income residents. Question is, will the companies wait or bolt? Read more in Greg Hinz's blog--Sears Canada lays off about 70 headquarters staffers in the wake of terrible earnings. Read more from Canadian BusinessAmerican Airlines told city officials that its parent company's bankruptcy case will not affect service or plans to expand at O'Hare International Airport. The city is among 50 unsecured creditors listed in the Chapter 11 filing. Read more at Crain's--United, Continental expected to receive federal approval today to fly as a single carrier. Read more at Crain'sLooking for a rooftop venue next to Wrigley Field? Now's your chance. A rooftop club across from the historic ballpark is up for sale three months after its owner filed for bankruptcy protection. Read more at Chicago Real Estate Daily--Chris Kennedy is eligible for $1.9 million in severance and stock after stepping down as head of Merchandise Mart Properties last summer. Read more hereState officials are floating a proposal that would put non-profit hospitals on the tax rolls but offer credits for free care, a departure from its get-tough attitude. Read more in Chicago Healthcare Daily--Northwestern Memorial, Roseland Community discuss a partnership. Read more hereBloomberg reports that Jon Corzine bet $11.5 billion on European sovereign debt in an effort to rebuild MF Global's profits — almost twice as much what was disclosed to investors. Read more here--The MF Global trustee is asking for a bankruptcy judge's authorization to distribute another $2.1 billion to former commodities customers. Read more at Crain'sHollywood executive Sherry Lansing is slated to give the University of Chicago Lab Schools a $5-million gift to build an arts wing, the Chicago Tribune reports. Ms. Lansing is an alum. Read more hereA review of city charter schools shows that many failed to perform better than traditional schools and some are doing worse. Read more hereMayor Rahm Emanuel said he is in talks with the Daley family about a lasting memory of Maggie Daley, who helped save the Chicago Cultural Center from being torn down. Read more at the Sun-TimesFormer WLUP radio personality Kevin Matthews is set to join Steve Dahl's subscription podcast lineup, Robert Feder reports. Read more hereFor the first time, city taxpayers lost money because hotel tax revenues weren't enough to cover a state payment to the agency that runs U.S. Cellular Field, the Chicago News Cooperative reports. Read more here--Ricketts: Cubs still talking to politicians about Wrigley Field renovations. Read more at the Chicago Tribune | 
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