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October 2026 news

False hijacking alert briefly shuts Nuremberg Airport

Nuremberg Airport in Germany was briefly shut after a false hijacking alert, according to The New York Times and ABC News. ABC News reports that jets were scrambled to escort a flight from Corfu, while Al Jazeera attributes the false alert to a radio glitch.

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Netflix plans to cut 1,000 jobs

TechCrunch reports that Netflix plans to lay off 1,000 staff amid intensifying competition for user attention. The Financial Times reports that Netflix is to cut 1,000 jobs as growth concerns mount.

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IMF chief urges deficit cuts as global debt soars

The IMF chief urged the United States and other rich nations to rein in deficits as global debt soars, the South China Morning Post reports. CNBC reports that the IMF chief said Scott Bessent's growth plans were not enough to tame the surging deficit and debt pile.

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US inflation looms as a key midterm issue

US consumer inflation was hotter than expected as the midterms loom, according to France 24. The Financial Times says inflation is again set to be a crucial factor for the midterms.

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