Business Today: Fed officials eye inflation, jobs in dueling QE arguments

	Click to View in Browser 11/1/2013 Fed officials eye inflation, jobs in dueling QE arguments Top Federal Reserve officials on Friday gave only modest hints as to when a massive bond-buying program would be drawn down, with one saying they needed to wait for signs of rising inflation and two others reinforcing an argument the Fed has waited too long. Wall Street gains on data, S&P up for fourth week NEW YORK (Reuters) - U.S. stocks rose on Friday as surprisingly strong manufacturing data overshadowed views the Federal Reserve could reduce stimulus earlier than expected. Some Wall Street brokerages push up Twitter IPO targets SAN FRANCISCO (Reuters) - Morningstar on Friday joined three other brokerages in setting price targets for Twitter Inc well above its IPO price range, suggesting the stock has room to rise at least 30 percent. Analysis: New borrowing tool could make U.S. debt debates less harrowing WASHINGTON (Reuters) - When a political impasse last month pushed America to the brink of default, the Obama administration noted with apprehension that it had to borrow vast sums every Thursday. Morgan Stanley sues former adviser, claims he falsified records NEW YORK (Reuters) - Morgan Stanley's wealth management division sued former financial adviser Denis O'Brien on Thursday, claiming that he falsified 206 client telephone numbers just before leaving the firm. U.S. factory growth hits fastest pace in 2-1/2 years NEW YORK (Reuters) - The U.S. manufacturing sector expanded at its fastest pace in more than two years in October, according to an industry report, signaling a strong start to fourth-quarter factory activity despite a government shutdown during the first half of the month. Exclusive: Zurich CFO suicide review uncovers no impropriety - sources ZURICH (Reuters) - Zurich Insurance is expected to tell investors its finance chief Pierre Wauthier was not subjected to undue strain in the run-up to his suicide and there was no evidence of impropriety in the company's finances, two people familiar with the situation told Reuters. U.S. government shutdown dampens October car sales DETROIT (Reuters) - The 16-day U.S. government shutdown in early October appeared to dampen consumers' appetite for new cars, as seven of the top eight automakers reporting monthly sales on Friday missed analysts' expectations. Exclusive: Charter weighs bid for Time Warner Cable by year-end -sources NEW YORK (Reuters) - Charter Communications Inc is weighing a bid for Time Warner Cable Inc before the end of the year, and working on details of a deal structure that would appeal to Time Warner Cable's shareholders, people familiar with the matter said. Cooper Tire in tentative deal with workers over merger (Reuters) - Cooper Tire & Rubber Co said it reached a tentative agreement with workers represented by United Steelworkers union, regarding its planned $2.5 billion sale to India's Apollo Tyres Ltd . Related Video ECB rate cut sooner - or later? RBS keeps bad bank at home Economic News U.S. factory growth hits fastest pace in 2-1/2 years Fed officials eye inflation, jobs in dueling QE arguments 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