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Here's your midday brief for Wednesday, November 19th. I'm Zoe Golkin for the Wall Street Journal.

Target is planning to invest in additional $1 billion next year, bringing its total new investment to $5 billion to try to end a sales slump.

Target is planning changes to improve stores, make its merchandise more exciting, and improve its digital capabilities.

Shoppers in recent years have complained about messy stores and items missing on shelves.

Executives say the spending is necessary after the retailer reported its 12th consecutive quarter of weak or falling sales.

For the third quarter, total sales fell 1.5% and the company

cut its profit outlook for the year. Larry Summers has resigned from the board of OpenAI

following criticism over his previously undisclosed correspondence with sex offender Jeffrey Epstein.

The OpenAI board says it respects his decision. Summers earlier this

week said that he is, quote, deeply ashamed of his actions and is stepping back from public

commitments to rebuild trust. He said he will continue his teaching duties at Harvard as a professor.

A Harvard spokesman said today that the university has launched a review of Summers' interactions

to determine what actions may be warranted. And we're exclusively reporting that McKenzie

has elected one of its smallest partnership classes in recent years, promoting 224 people to the

prestigious rank. Though this number is an uptick from last year's class of about 200 new partners,

...