Business Today: U.S. consumer prices rise, but underlying inflation benign

		Click to View in Browser 10/30/2013 U.S. consumer prices rise, but underlying inflation benign WASHINGTON (Reuters) - U.S. consumer prices rose modestly in September but there was little sign of underlying inflation in the economy, which should give the Federal Reserve scope to maintain its monthly bond purchases. U.S. private sector adds 130,000 jobs in October: ADP NEW YORK (Reuters) - U.S. private-sector employers added 130,000 jobs in October, lower than economists' expectations for the month, a report by a payrolls processor showed on Wednesday. Fed to maintain aggressive policy stimulus amid soft data WASHINGTON (Reuters) - The Federal Reserve is expected to maintain its massive bond-buying campaign when it concludes a two-day meeting on Wednesday and may point to softer readings on the U.S. economy to signal that the policy will be extended into 2014. GM posts strong profit on U.S. demand, smaller loss in Europe DETROIT (Reuters) - General Motors Co on Wednesday posted a better-than-expected quarterly profit on strong results in its core North American market and the first revenue increase in Europe in two years. Twitter's 'anti-Facebook' IPO tactics win over some investors (Reuters) - Institutional investors who met with Twitter Inc this week say they are optimistic about its initial public offering and see little sign of the irrational exuberance that preceded Facebook Inc's splashy coming-out party in 2012. Stock futures gain ahead of Fed policy decision NEW YORK (Reuters) - Stock index futures edged higher on Wednesday, a day after the Dow and the S&P 500 indexes hit a new closing record, on expectations that the Federal Reserve's monthly bond purchases of $85 billion will be extended into next year. Infosys reaches $34 million settlement in U.S. visa case BANGALORE (Reuters) - Infosys Ltd, India's second-largest IT services exporter, has agreed to pay $34 million in a civil settlement with U.S. authorities investigating its use of visas in the United States, the company said on Wednesday. Barclays joins banks helping with forex probe LONDON (Reuters) - Barclays is cooperating with regulators investigating possible manipulation of currency trading by banks, deepening scrutiny of its conduct as it also grapples with a slump in investment banking income. Microsoft seeks EU approval for $7.5 billion Nokia deal BRUSSELS (Reuters) - Microsoft has asked EU antitrust regulators to approve its 5.44-billion-euro ($7.49 billion) takeover of Nokia's phone business as part of a push into the mobile devices business. Sprint posts decline in third-quarter revenue (Reuters) - Sprint Corp posted a decline in third-quarter revenue on Wednesday as it lost more subscribers than expected following the shutdown of its older iDen network. Related Video Living in a crate to beat housing crisis Election worries come early for Nigeria central bank Economic News U.S. consumer prices rise, but underlying inflation benign U.S. private sector adds 130,000 jobs in October: ADP 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