Welcome to the Reader‘s morning briefing for Tuesday, June 14, 2016.

  • McDonald’s makes its reported West Loop headquarters relocation official

One American icon will take over the building formerly occupied by another when McDonald’s moves its corporate headquarters into Oprah Winfrey’s former Harper Studios. The move from Oak Brook to the fashionable West Loop is the latest example of a huge corporation leaving its suburban headquarters behind to attract millennials, who are increasingly moving to cities. “This world-class environment will continue to drive business momentum by getting us even closer to customers, encouraging innovation and ensuring great talent is excited about where they work,” the fast-food giant’s CEO Steve Easterbrook says.  [Wall Street Journal]