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U.S. markets news

Greece unable to pay €1.6b IMF debt, ministers says
In the end it will come down to a choice for Athens: pay salaries of public servants or pay international debtors. Bloomberg. by Peter Spence.
Greece cannot make International Monetary Fund repayment, minister says  Sydney Morning Herald
Greece 'has no money' to meet IMF debt repayment  THE BUSINESS TIMES
MarketWatch  
Amazon to stop funneling European sales through low-tax haven
Pressure is mounting for U.S. tech companies, including Google, to stop using complex tax structures and pay more on their European operations.
Amazon Changes Tax Practices in Europe -- Update  Nasdaq
Amazon changes tax practices in Europe as investigations continue - WSJ  euronews
GM: Criminal charges likely in ignition case
General Motors is facing a criminal prosecution and may have to pay a record fine to resolve charges related to its faulty ignition switches.
GM could face criminal charges for defective ignition switch  The Silver Ink
GM Is Set to Face Criminal Charges Over Ignition Switches  Wall Street Journal
Advertising newsletter PennySaver shuts down; hundreds lose their jobs
The PennySaver, an advertising newsletter that was a fixture in Southern California mailboxes for 50 years, is going out of business.
PennySaver lays off workers, shuts down after more than 50 years  OCRegister
Workers at PennySaver say they were abruptly laid off  seattlepi.com
Rooftop solar units stymied by policy imbroglio
Out of 400 MW of rooftop installations, the residential sector makes up only a quarter while the rest is at commercial buildings. By: Sumit Jha | New Delhi | May 25, 2015 12:53 am.
Green power gets a big push  Livemint
Light on NC solar industry focused on ending preferences  seattlepi.com
Unemployment Rate drops in Sacramento
In the Sacramento area and statewide, unemployment continued with its fall last month, coming to its lowest levels before the collapse of the economy in 2008.
Hutch, Reno jobless rates match after improving  Hutchinson News
Pennsylvania shows biggest 1-month jobs gain since 1990s  The Sentinel
General Motors spending $439M for upgrades to Corvette plant
BOWLING GREEN, Ky. (AP) - General Motors is spending $439 million to upgrade the Kentucky plant that makes the Chevrolet Corvette sports car.
Weekly Recap: GM plans massive new paint shop at Chevy Corvette factory  Autoblog (blog)
General Motors Company (GM) Invests $439 Million in Chevrolet Corvette  InvestCorrectly
Generator leak injures 14
Fourteen people were injured, two critically, Saturday night after a generator in a Norristown home caused a carbon monoxide leak that reached lethal levels.
Carbon monoxide sends 8 people to hospital; 2 critical  WPXI Pittsburgh
8 hospitalized after Norristown carbon monoxide leak  6abc.com
Japan Trade Gap Narrows in April as Cheaper Oil Cuts Imports
TOKYO - Japan reports its trade deficit narrowed sharply in April from the previous year as the plunge in oil prices cut fuel import costs, while exports to the U.S.
EconomyWeak yen keeps Japan's trade deficit in check  Financial Times
Japan Has Y53.44 Billion Trade Deficit In April  RTT News
March Against Monsanto held in Seattle
March Against Monsanto says the movement is a way to raise awareness of the dangers surrounding Monsanto's genetically modified seeds and cancer-linked herbicide Roundup.
5 Photos That Show Why People Around the World Are Protesting GMO Crops  TakePart
Anti-GMO protest against Monsanto takes place in 428 cities  The Next Digit