Unfortunately no, you can annoy people with it but even throwing weapons or arrows won't be useful in combat except to lure someone somewhere (Hopefully we'll get a spell mod sometime to change this, could've had Bioshock combat telekinesis).
It's interesting that someone brings up Bioshock. Characters can trigger traps on people, shoot lamps, and set fire to oil. Telekinetic combat would be a welcome addition, adding a bit of variety to combat.
Although, I have my doubts about the engine taking it well.