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Top current affairs and breaking developments
October 31, 2026
Global developments shaping business, policy, and markets
FTI Consulting just posted record revenue. Why is it still cutting 4% of its workforce?
FTI Consulting is eliminating roughly 4% of its more than 8,200 employees even as revenue reaches a quarterly record and adjusted earnings…
ADT surges 33% on Thrive Holdings deal as $114m break fee shapes takeover prospects
Thrive Holdings has agreed to acquire ADT for $10 per share in a transaction worth $15.3 billion including debt, taking the home security…
Oak Hill Capital to acquire majority stake in Wyyerd from Carlyle
Oak Hill Capital has agreed to acquire majority ownership of Wyyerd Group Holdings from Carlyle following five years of significant network…
Hanwha Defense USA wins $269m Navy landing ship contract as Philly Shipyard enters military shipbuilding
Hanwha Defense USA has secured a $269 million subcontract to build a medium landing ship for the US Navy, with options for three additional…
SERES returns to profit as AITO luxury EV sales strengthen and European expansion approaches
SERES returns to profit with RMB 1.42 billion earnings as AITO expands its luxury EV lineup. Explore its European growth plans.
Arbor Realty Trust reports $85.4m loss and suspends shareholder payouts amid rising credit stress
Arbor Realty Trust suspends its dividend after an $85.4 million loss as troubled loans reach $647.6 million. Explore the financial risks.
