General Motors Co., which emerged from bankruptcy after receiving $50 billion in federal aid, is restoring salaried and executive pay cuts for workers in the U.S., Canada and some foreign countries.
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General Motors Corp. stock plunged to just $1 a share Wednesday on growing fears of a pending bankruptcy filing and the decision of several senior executives to liquidate their personal stakes.

The stock recovered slightly in extremely heaving trading to close at $1.21 a share — up 5.2 percent, or 6 cents. But it is still down 25 percent since Friday.
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The extended-range Chevrolet Volt will make its first appearance at the White House on Wednesday — though the president isn’t likely to see the electric car parked there.
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