GM to cut 14% of global salaried workforce this year

General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.

Tennis star Sharapova gets a lift from Porsche racer Webber

FRENCH OPEN tennis champion Maria Sharapova arrived at a pre-Wimbledon party thanks to Australian race Mark Webber The Porsche 918 Spyder is the most powerful road car, and least polluting, the company has built. The plug-in hybrid super sports car can reach a top speed of 214 mph, sprint from 0 to 60 mph in 2.5 seconds, and it produces so little CO2 that it is exempt from the London congestion charge. Webber arrived fresh from his first outing at the Le Mans 24 hour race with new team Porsche, following his retirement from Formula 1 at the end of last season.

Porsche 911 GT2 RS (2010) first official pictures

You’re looking at the new Porsche 911 GT2 RS, not just the most powerful 911 that Porsche has ever built, but the company's most powerful road car period. The output from the GT2 RS’s twin-turbo flat six? 611bhp – 88bhp more than before. And as the new GT2 RS – there will be no ‘regular’ GT2 version – weighs 70kg less than its predecessor, that wholesome 611bhp provides this rear-engined monster will a stunning 446bhp/tonne.