Daily Recap: Business — 26 August 2026

Business news is dominated by corporate and state responses to digital risk, from cyber disruptions and law-enforcement action against alleged hacking infrastructure to sanctions and regulatory settlements. At the same time, dealmaking and product launches show firms still pushin...

Boston Scientific says a cyberattack is disrupting global operations, including its ability to process and ship customer orders. The medical device maker says it is working to respond to the incident, but normal service has not yet been restored and the full operational impact remains uncertain.

The U.S. Justice Department says it has seized internet domains tied to two alleged Chinese hacking platforms known as QScan and QTRouter. Authorities say the infrastructure is used to target NASA, the Federal Reserve, the Senate and other government and critical-infrastructure organizations as part of a broader disruption effort.

Vanguard agrees to acquire adviser-focused fintech platform Altruist in a deal reported at about $4 billion. The transaction gives the investment giant a stronger foothold with independent financial advisers and is expected to close later this year, subject to customary closing conditions.

Deloitte agrees to pay $21.5 million to settle a U.S. Justice Department investigation into its diversity, equity and inclusion practices. The settlement resolves allegations tied to federal contracting and employment-related decisions under the department’s Civil Rights Fraud Initiative, without an admission of liability.

The United States designates UK-based Palestine Action as a specially designated global terrorist entity and imposes sanctions. The move, announced by the Treasury Department, is tied to alleged support for an act of terrorism and gives U.S. authorities the power to freeze assets linked to the group.

Revolut begins a phased rollout of its first euro-pegged stablecoin, EURR, to selected customers in Denmark, Poland and Portugal. The launch is limited at first rather than being opened across its full user base, marking a cautious entry into euro-denominated digital tokens.

Veteran journalist and Eagle Online publisher Dotun Oladipo dies at 56 after suddenly falling ill in his Lagos office. His death is confirmed by representatives of online publishing groups, ending a long career in Nigerian journalism and digital news publishing.

Flash floods hit Nepal’s border districts near Tibet, killing dozens and leaving many Indian nationals missing. The disaster causes heavy uncertainty over the final toll, with reported fatalities and missing counts varying widely as search and rescue efforts continue in the affected mountain region.