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U.S. markets news

Greek default necessary but Grexit is not
Until last week, discussions with Greece did not go well. That changed when the circus of international financial diplomacy moved to Washington for the spring meetings of the International Monetary Fund and the World Bank.
IMF warns of global recovery risks  Herald Scotland
World finance leaders see threats ahead for global economy  Chron.com
Fox Business  
China cuts banks' reserve ratio
BEIJING--China's central bank reduced the amount of reserves commercial banks are required to hold, freeing up about $200 billion for lending in the latest easing measure to shore up the world's second-largest economy.
Factbox: Chinese RRR and interest rate changes  Reuters
China cuts bank reserve ratio requirement as growth slows  Times of India
Target Has More Web Woes During Debut of Lilly Pulitzer Line
Target Corp.'s website malfunctioned during the release of another highly anticipated line of designer goods, leading to plenty of online angst.
Target Website, Apps Overwhelmed by Demand for Lilly Pulitzer -- 2nd Update  Nasdaq
Target's Lilly Pulitzer Collection Crashes Website, Sells Out in Minutes  StyleCaster
Mylan Obstructed Potential Merger with Teva Pharmaceuticals
The generic drug maker Mylan desires to put to rest the potential merger with Teva Pharmaceuticals which was highly speculated. Teva Pharmaceuticals is an acknowledged international pharmaceutical company which develops, manufactures, and market ...
Teva shares slide on generic Copaxone fears  Reuters UK
Mylan NV denied that Teva Pharmaceutical Industries Ltd. is weighing a ...  Benchmark Reporter
General Electric (GE) Earnings Disappoints as Restructuring Continues
As General Electric continues its restructuring and its own refocusing of its own energies on its core business, the organization reported disappointing sales amounts for the initial calendar quarter of 2015 in its quarterly report.
(NYSE:GE) Restructuring of General Electric  Dispatch Times
General Electric Revenue Disappoints as Restructuring Continues  Modern Readers
New Pilots at Turkish Airlines Urged to 'Marry'
Newly-trained pilots at Turkish Airlines are being urged to marry in order to avoid emotional tragedies. By: Hana Levi Julian. Published: April 19th, 2015.
Lufthansa did not act when told Luitz had depression: report  Statesmen News
Warning signs in the mind of a pilot determined to die  Worcester Telegram
IRS Seeks Record $2 Billion In Back Taxes From Prominent Businessman And ...
They say you don't get rich by writing a lot of checks. And if you believe the IRS, failing to pay billions in federal taxes may explain how two brothers and Texas businessmen amassed a fortune worthy of landing them among the Forbes 400 Richest Americans.
SEC Temporary Asset Freeze Not Barred By Automatic Stay Provisions  Mondaq News Alerts (registration)
IRS Says Prominent Texas Businessman, Late Brother Owe $3B  ABC News
County jobless rate remains high
On Friday, the California Employment Development Department (EDD) reported Tulare County's jobless rate for March was 13.2 percent, slightly better than the 13.4 percent rate in February.
Unemployment Rate in Ohio Remains Unchanged in March  Uncover Michigan
Lake County unemployment drops in March  Lake County News
Time Warner Cable, Comcast to address DoJ's merger concerns
Comcast and Time Warner Cable are preparing to meet officials from the US Department of Justice on Wednesday in a session aimed at negotiating possible concessions to address concerns that the merger of the two cable giants will hurt competition.
How FCC's Lawsuit Against Comcast (CMCSA) Deal Will Blow Other Looming ...  Bidness ETC
Comcast Customer Service Infuriates Again  Motley Fool
magnetic levitation train sets speed record
Tokyo: A Japanese company said its magnetic levitation train set a speed record last week, reaching 366 miles per hour (585.6km/h) on a test track.
Japanese Maglev Train Sprints into Record Books at 366 MPH  BoldRide.com