WASHINGTON, July 6 (Reuters) - A judge in a federal bankruptcy court in Manhattan late on Sunday approved a plan by General Motors GMGMQ.PK to sell its best assets to a new, government-backed company, The New York Times.
With approval of the plan, GM and the government are seeking to close the sale by Monday or Tuesday, the newspaper reported, citing people briefed on the matter. (Reporting by JoAnne Allen; editing by Anthony Boadle)
WASHINGTON (Reuters) - U.S. pay czar Kenneth Feinberg on Wednesday approved compensation plans for several executives and top-paid employees at three firms that have received taxpayer aid.
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