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Italy’s Alitalia has filed for bankruptcy yet again, the third filing in less than a decade, and it’s home country looks far less likely to bail out the troubled carrier this time around – NYTimes and Bloomberg

Apple’s revenue grew to $52.9 billion in Q1, but the one percent drop in iPhone sales as compared to the same period a year ago has some analysts concerned – NYTimes and WSJ and Bloomberg

The SEC’s Jay Clayton era officially kicks off this week = WSJ and Law360

What does American manufacturing really look like these days? Well, let’s start with Europe’s biggest plane maker, a globally sourced supply chain, and Alabama, and we’ll let you know – NYTimes

About that booming US auto industry . . . .  Things are looking a bit more whimper-y lately – NYTimes and WSJ and Bloomberg

We looked at big-time withdrawals from Paulson & Co.’s hedge fund yesterday.  As we suggested, Paulson’s not alone in seeing an outflow of cash – WSJ

Meet the HNA Group, a “secretive Chinese conglomerate with ties to the Communist Party in Beijing” that’s now the biggest shareholder in Deutsche Bank – NYTimes and WSJ

Industry groups are decidedly displeased with the CFTC’s new automated trading rules (aka, Reg AT) – Law360

The hits just keep on coming courtesy of our neighbor to the North this week.  Today’s edition finds the Times tagging along with Madam Justice Mara Greene, a judge in Toronto’s criminal courts who finds her work/life balance on the ice – 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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