Inventories at United States wholesalers piled up at a faster pace in October as sales posted their first back-to-back declines in more than three years.	SAC Capital Advisors, a $10 billion hedge fund, has raised its stake in the Phelps Dodge Corporation to 5.1 percent and said yesterday that it would oppose a proposed takeover of the company by Freeport-McMoRan Copper and Gold.	The panel ruled that Qualcomm, a maker of cellphone chips, is infringing a Broadcom Corporation patent on a way to conserve handset battery power.
Congress is offering a raise to Medicare doctors who report how often they provide quality care, as defined by the government.	This is the first time the fund, Breeden Capital Management, has sought to wage a shareholder fight.	Wall Street extended its advance yesterday as investors digested new takeover developments and placed bets ahead of the Federal Reserve?’s decision on interest rates.