Advertisement
Canada markets closed

  • S&P/TSX

    22,308.93
    -66.90 (-0.30%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CAD/USD

    0.7317
    +0.0006 (+0.08%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • Bitcoin CAD

    83,242.55
    -2,706.99 (-3.15%)
     

  • CMC Crypto 200

    1,261.13
    -96.88 (-7.13%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • RUSSELL 2000

    2,059.78
    -13.85 (-0.67%)
     

  • 10-Yr Bond

    4.5040
    +0.0550 (+1.24%)
     

  • NASDAQ

    16,340.87
    -5.40 (-0.03%)
     

  • VOLATILITY

    12.55
    -0.14 (-1.10%)
     

  • FTSE

    8,433.76
    +52.41 (+0.63%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • CAD/EUR

    0.6789
    +0.0011 (+0.16%)
     
MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Trump says GM efforts "never seem to work out"

Reuters
Updated ·1 min read

WASHINGTON, March 27 (Reuters) - President Donald Trump criticized General Motors on Friday and cited the Defense Production Act after saying the automaker reduced the number of ventilators it said that it could provide to hospitals struggling to care for patients ill with coronavirus.

"As usual with 'this' General Motors, things just never seem to work out," Trump said on Twitter. "They said they were going to give us 40,000 much needed ventilators, 'very quickly'. Now they are saying it will only be 6000, in late April, and they want top dollar."

In another tweet, the president added: "General Motors MUST immediately open their stupidly abandoned Lordstown plant in Ohio, or some other plant, and START MAKING VENTILATORS, NOW!!!!!! FORD, GET GOING ON VENTILATORS, FAST!!!!!!"

(Reporting by Diane Bartz; Editing by Doina Chiacu)