Business Today: Wall Street ends up, but Dow, S&P 500 down for week

	Click to View in Browser 10/4/2013 Wall Street ends up, but Dow, S&P 500 down for week NEW YORK (Reuters) - U.S. stocks ended higher on Friday after losses driven by a federal budget stalemate, four days of a partial government shutdown and worries about a possible U.S. debt default if Congress fails to raise the U.S. borrowing limit. Fed's Kocherlakota: do 'whatever it takes' to spur U.S. hiring BLOOMINGTON, Minnesota (Reuters) - The Federal Reserve should do "whatever it takes" to drive down U.S. unemployment, even if this means courting concerns of another asset price bubble, or if inflation pops temporarily above two percent, a senior U.S. central banker said on Friday. Detroit bankruptcy could change municipal market, Chicago Fed says CHICAGO (Reuters) - Detroit's historic bankruptcy filing could upend long-established market views on the high standing of general obligation bonds, the form of debt sold most frequently in the U.S. municipal bond market, Chicago Federal Reserve Bank researchers said Friday. Tesla CEO defends electric cars after battery fire DETROIT (Reuters) - Elon Musk, the chief executive of Tesla Motors Inc , defended the safety performance of battery-electric cars on Friday, three days after a battery fire in a Model S sparked a decline in the company's market value. Email, undisclosed in SAC trader's case, could help defense: sources NEW YORK (Reuters) - In the coming trial of a SAC Capital Advisors hedge fund portfolio manager, Michael Steinberg, prosecutors are likely to present emails purporting to show he was being tipped about inside information on Dell Inc before trading on the stock. Debt ceiling worries spill into U.S. options market (Reuters) - With the U.S. government in Washington partially shut down, some options investors are starting to pay more for protection against market turmoil on worries that the current budget stalemate could lead to something more catastrophic - a default. Lockheed to furlough 3,000 workers due to U.S. shutdown (Reuters) - Lockheed Martin Corp said about 3,000 employees would be furloughed on Monday due to the U.S. shutdown. Analysis: Washington gridlock may disrupt vital money markets NEW YORK (Reuters) - The fight over raising the U.S. debt ceiling is starting to rattle the money markets and could eventually disrupt the flow of cash needed for banks to lend and companies to invest. Twitter reveals rip-roaring growth, big losses ahead of IPO SAN FRANCISCO (Reuters) - Twitter Inc, racing toward the largest Silicon Valley IPO since Facebook Inc's 2012 coming-out party, hopes to woo investors with rip-roaring revenue growth despite having posted big losses over the past three years. Shale gas driller asks France for 1 billion euro compensation: report PARIS (Reuters) - U.S.-based energy firm Schuepbach Energy is asking the French government for 1 billion euros ($1.36 billion) in compensation for blocking its shale gas exploration permits in France, an industry newsletter said on Friday, citing unnamed sources. Related Video FACTBOX: Risks to Twitter: Losing Ashton Breakingviews: Taking Twitter public Economic News Republicans hang tough in standoff over U.S. government shutdown Detroit bankruptcy could change municipal market, Chicago Fed says A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend