General Motors Corp.’s massive employee-buyout program contributed to a second-quarter net loss of $3.2 billion, but minus restructuring costs, the auto maker posted an operating profit of $1.2 billion, beating expectations. The news boosted the auto maker’s stock to more than $30 per share for the first time this year. The company took $4.3 billion in charges for special items, including a $3.7 billion after-tax charge for the worker-attrition program, under which 34,410 hourly ...

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