Ford Motor Co. will reduce the price of its 2014 Focus Electric compact car by 10 percent, the latest in a series of price cuts by major automakers on their battery-powered cars. Even as consensus ... more 
Ford Motor Co. will reduce the price of its 2014 Focus Electric compact car by 10 percent, the latest in a series of price cuts by major automakers on their battery-powered cars. Even as consensus built within the Federal Reserve in June about the likely need to begin pulling back on economic stimulus measures soon, many officials wanted more reassurance the employment recovery was on solid ground before a policy retreat. A Spanish political party that triggered a high profile court investigation into the near collapse of bailed-out bank Bankia has asked for Christine Lagarde, the head of the International Monetary Fund, to testify as a witness. The Union for Progress and Democracy which last year persuaded the high court to open an investigation into the bank's listing and near demise, asked the judge leading the case to call Lagarde and another IMF official to be questioned. less 
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Wochit
Wed, Jul 10, 2013 5:23 PM EDT