01:00 AM IST
U.S. President Donald Trump said the White House is looking at cutting subsidies for General Motors Co
Trump also criticized GM for not closing facilities in Mexico or China. "The U.S. saved General Motors, and this is the THANKS we get! We are now looking at cutting all @GM subsidies, including... for electric cars," Trump said on Twitter. GM electric vehicles are eligible for a $7,500 tax credit under federal law, but it is not clear how the administration could restrict those credits. GM shares fell on Trump`s tweets.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
PPF Calculation: How much will you earn in 20 years by investing Rs 8,000, Rs 10,000, and Rs 12,000 monthly in Post Office Public Provident Fund?
)
7 Stocks to buy for long term: Analysts recommend 6 largecap, 1 smallcap scrips; Persistent Systems, Dalmia Bharat on the list
)
Top 3 Flexicap Mutual Funds With Best SIP Returns in 3 Years: Rs 9,000 monthly SIP in No. 1 fund has led into Rs 4.75 lakh wealth
)
Rs 7,00,000 One-time Investment in Mutual Funds: How many years can it take to create Rs 1,00,00,000-Rs 4,00,00,000 corpus at a given rate?
)
10 Stocks to buy for long term: Analysts recommend largecap, midcap, smallcap scrips; BEL, Tata Motors on the list
)
PSU Shares to Buy | Brokerage recommend 4 Maharatna, 2 Navratna, 1 Miniratna stocks; note down targets
)
Top 6 Mutual Funds With up to 47% SIP Return in 6 Months: No. 1 fund turned Rs 33,333 monthly investment into Rs 2.33 lakh in half year
01:00 AM IST