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Facebook’s Q1 results make a strong case for Zuckerberg and his ilk riding out arguably its most serious crisis to date (the flood of criticism over its privacy practices and handling of user data) with next-to-no effect on the bottom line – NYTimes and WSJ and Bloomberg and MarketWatch

While Chipotle didn’t get that kind of good news, it saw some solid numbers as part of its bounce-back from various food-safety scares in recent years – WSJ

The Mulvaney-led CFPB (or BCFP, according to Mick) is likely to wind down public access to its database of complaints about financial companies’ products and services. That open, searchable record has been open to the public since 2011 – NYTimes and MarketWatch

Deutsche Bank, after a rocky road that’s stretched for years now, has announced its intentions to shrink operations in the US and Asia and focus instead on Europe—“effectively abandoning its ambition to be a member of Wall Street’s big leagues.” DB will keep a presence in the US but scale back trading and hedge fund operations, all part of one of the first major moves by new CEO Christian Sewing – NYTimes and WSJ and Bloomberg

We generally bank on accounting to bore us to tears with its regularity, but be warned: a “big change in lease accounting due in January of 2019 will affect every public company in the U.S.” The new rules will require companies to “record liabilities for operating leases” on their balance sheets for the “first time ever,” and the change is forcing public companies to include a discussion of the potential future impact on their financial statements, too – MarketWatch

A New Haven federal jury has acquitted former UBS trader Andrew Flotron of a spoofing scheme to “manipulate the precious metals futures market” – Law360

Breakingviews on the Comcast wrinkle in Rupert Murdoch’s plan to acquire Sky and the bet that Fox and Disney will “toss financial sense aside” and best Comcast’s bid in coming weeks – NYTimes

Meanwhile, the Journal considers Comcast’s bid—including whether it might also have designs on Disney’s move for Fox’s entertainment assets – WSJ

The Winklevii are hoping that Nasdaq’s surveillance software will bring some comfort to users of the brothers’ Gemini bitcoin exchange that the crypto industry cares about market manipulation and is moving on from its “Wild West days” – WSJ

A quick check-in on what rising mortgage rates will mean for the US housing market – Bloomberg

Every now and then we check in with Netflix’s sayonara list to see what you need to squeeze in over the next week before they’re out of streaming land. This time around, you Ray Liotta fans will want to take particular notice – NYTimes

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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