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Finance & Markets

Bank of America vs. JPMorgan Chase: Diverging Quarterly Revenue Trends for These Financial Giants

JPMorgan Chase's quarterly revenue has climbed 14% over two years while Bank of America's has remained essentially flat—a widening gap that raises questions about competitive positioning.

  • Bank of America faces $1.2B penalty for anti-money laundering violations
  • JPMorgan Chase partners with Qatar Investment Authority on $20B asset management deal
  • Both banks show seasonality in revenue, with loan business peaking in early year

AI

AI law firm Crosby bids on disintegrating, famed firm Weil Gotshal

Like a real-life episode of Suits, the demise of famed white-shoe Wall Street law firm Weil, Gotshal & Manges has been the talk of the legal industry. And now, an AI firm has entered the picture.

  • AI-first law firm Crosby bids to acquire Weil, Gotshal's trademark and data.
  • Weil, Gotshal preparing to vote on dissolution amid leadership changes and merger failure.
  • Crosby raised $85 million in funding, operating as fully-functioning AI-driven law firm.

Tech

14 New Things Your iPhone Can Do in iOS 27.2

Apple released iOS 27.2 on October 26, bringing enhancements to Siri AI, adding Suggestions in Messages, and sneaking in a string of smaller additions across Photos, Podcasts, Games, Apple TV, and FaceTime. iOS 27.2 is available to download to your device now via Settings ➝ General ➝ Software Update.

Business

Canada and EU announce new alliance open to like-minded countries

Alliance for the Future, unveiled at Montreal summit and open to other countries, conceived for world ‘shaken by new storms’ Canada and Europe have announced a new alliance of like-minded nations to serve as both a “protective canopy under which our citizens can thrive” and a powerful hedge against the unpredictable nature of geopolitics…

Culture

Nigeria Candidate Hurt at Ekiti Restaurant

Nigerian presidential candidate Omoyele Sowore was hurt at an Ado-Ekiti restaurant on 30 October; police deny a kidnapping, he says it was an attack.

  • Presidential candidate Omoyele Sowore injured at Ekiti restaurant on October 30, 2026
  • Ekiti State Police claim Sowore sustained minor injury in altercation, not abduction
  • Sowore alleges coordinated attack by armed men, significant injuries
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