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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jun 13, 2014
Page
20
Ford will recalibrate fuel economy estimates for six models after internal tests found miscalculations. The MKZ hybrid drops 7 mpg to 38, while Fiesta and C Max Energi also fall. payments of 125 to 1050 will be made to about 215000 affected buyers.
Washington reports consumer price gains 1.6 percent in April with core inflation at 1.4 percent. Analysts warn if wages rise with prices, inflation may gain momentum, impacting loans, investments, and debt service while the Fed contends rates could tighten.
Philadelphia works to attract tech buzz with StartUpPHL funding and a new Comcast campus. Officials spotlight N3RD Street, university talent, and venture investments as the city vies with Austin and Portland to become a startup hub. The 1.2 billion Comcast tower could attract thousands of tech jobs.
Tesla Motors will give away its entire patent portfolio to any company that agrees not to pursue IP lawsuits, aiming to accelerate electric vehicle adoption. Elon Musk says sharing access could lower barriers, boost charging networks, and invite collaboration with Daimler and Toyota.
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