Updated throughout the day on the 24/7 Wall St. Wire:

General Motors Co. (NYSE: GM) is close to a deal to cut worker hours at its German plants. (WSJ)

Greece hopes that new cuts  to government spending of 11.5 billion euros will get it an aid package from the European Union, European Central Bank and International Monetary Fund. (NYT)

Douglas A. McIntyre

Filed under: 24/7 Wall St. Wire, Rumors Tagged: GM