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October 29, 2026
Global developments shaping business, policy, and markets
Vertiv (NYSE: VRT) jumps 16% as AI orders double. Can earnings keep up?
Vertiv shares surged after third-quarter revenue climbed 61% and organic orders more than doubled. But with a US$93.5 billion market valuation…
Boscia skincare brand acquired by The Center Brands and dermatologist Mamina Turegano ahead of 2027 relaunch
The Center Brands and dermatologist Mamina Turegano have acquired Japanese-inspired skincare label Boscia from FANCL Corporation, setting up a…
Marriott opens first EDITION hotel in Africa with 142-room Cape Town luxury development
Marriott International has introduced its EDITION luxury lifestyle brand to Africa through a landmark Cape Town opening, combining high-end…
Cheesecake Factory (CAKE) reports 15.2% comparable sales growth, but North Italia exposes a widening restaurant performance gap
The Cheesecake Factory Incorporated reported strong third-quarter revenue, profit and customer-traffic growth, but weaker performance at North…
Corning optical sales jump 44% to $2.38bn as AI demand accelerates, but solar losses persist
Corning reported 19% core sales growth and a 36% increase in core earnings per share as optical communications demand accelerated. Four…
Jersey Mike’s (JMKE) stock rises after Q3 earnings as sandwich chain reveals $200m capital return plan
Jersey Mike’s Subs Inc. reported stronger restaurant traffic, an expanding franchise network and higher adjusted earnings in the third quarter…
