Washington  - General Motors Corp is keeping open the option of bankruptcy in order to restructure the flagging US carmaker, GM's new chief executive Fritz Henderson said Tuesday.

Henderson, who took over the top job from Rick Wagoner Monday as part of a White House-forced shake-up, said he was confident the company could make the necessary changes to survive either way.

"If we're not successful doing it out of court, we will do it in court," Henderson told reporters in his first press conference from Detroit.

New York - A 43-year-old New York man has been awarded 2.6 million dollars as compensation for spending nearly 14 years in jail for a crime he did not commit, reported the New York Times Monday.

Olmedo Hidalgo was sentenced in 1992 to 25 years in prison for the murder of a bouncer at a New York discotheque. In 2005, after an extended legal process, he was freed after an ex-drug dealer confessed to the crime.

New York - Italian carmaker Fiat Motor SA is expected to increase its holdings in nearly bankrupt US carmaker Chrysler LLC to 20 per cent, according to a report Tuesday in the Wall Street Journal.

Fiat and Chrysler previously announced a partnership in January. On Monday, the White House rejected additional emergency aid for Chrysler unless it can finalize a merger with Fiat within 30 days.

Washington, Mar 31 : Model and TV personality Holly Madison has revealed that she does not like it when her photos are retouched.

Washington, Mar 31 : American fashion model Angie Harmon has revealed that she has no qualms about saying that US President Barack Obama is not doing his job right.

Harmon, 36, also said that she was no racist, and was tired of defending herself from being deemed as one.

She also said that there was a reason behind her displeasure with Obama.

"Here''s my problem with this, I''m just going to come out and say it," Fox News quoted her as saying on March 26 at the Los Angeles launch of the new eyelash-growing formula, Latisse.