Business Today: Dow retreats from 10-day rally; JPMorgan weighs

	Click to View in Browser 03/15/2013 Dow retreats from 10-day rally; JPMorgan weighs NEW YORK (Reuters) - Stocks slipped on Friday, ending the Dow Jones industrial average's longest winning streak since 1996 as investors paused just below the S&P 500's record high. Factory data underscores economic momentum WASHINGTON (Reuters) - U.S. manufacturing output bounced back in February in the latest signal of strength in an economy that is showing clear momentum despite the headwind from government austerity. Cohen's SAC to pay $600 million in SEC insider trade settlement (Reuters) - Hedge fund titan Steven A. Cohen's firm, long the focus of a federal investigation into insider trading, is paying more than $600 million to U.S. securities regulators to settle allegations arising from improper trading in two stocks. Ex-JPMorgan exec Drew declines to be harpooned by "whale" losses WASHINGTON (Reuters) - Ina Drew, the former JPMorgan Chase & Co executive who earned millions while in charge of the unit that made the disastrous "London whale" trades, on Friday refused to accept responsibility for the $6.2 billion in losses revealed last year. Boeing sees 787 airborne in weeks with fortified battery TOKYO (Reuters) - Boeing Co said its 787 Dreamliner jets could be airborne within weeks with a fortified power pack that would eliminate the risk of fire, confident the U.S. aviation authority would approve the redesigned battery soon. Two Ackman investors want more details on JC Penney BOSTON/NEW YORK (Reuters) - Two institutional investors with William Ackman's $12 billion hedge fund plan to reach out to the manager to get more information about the firm's big bet on ailing retailer JC Penney , whose stock has dropped 21 percent this year. Starbucks shareholders to vote on political spending ban LOS ANGELES (Reuters) - Starbucks Chief Executive Howard Schultz jumped into the political arena two years ago, organizing a hundred of his fellow CEOs in a pledge to forswear campaign contributions till Washington came up with a plan to fix the nation's debt. Exclusive: HD Supply picks underwriters to lead IPO - sources NEW YORK (Reuters) - HD Supply, a one-time division of Home Depot Inc that was taken private for $8.5 billion in 2007, has chosen Bank of America Merrill Lynch , Barclays and JPMorgan Chase to lead a proposed initial public offering, people familiar with the matter said. Red Bull's openness on feces threat could pay off VIENNA (Reuters) - Red Bull's unusual decision to go public on a blackmailer's threat to contaminate its energy drinks with faeces could cost the brand far less long-term than any immediate hit to sales. Reliance Chairman Ambani stepping down from BofA board (Reuters) - Bank of America Corp said director Mukesh Ambani will step down at the bank's annual shareholder meeting in May in the latest reshaping of the No. 2 U.S. bank's board. Related Video Battles, ballots, budgets and bailouts Techquity: Expect Google to outperform Apple, says analyst Economic News Fed to hold course on stimulus despite debate over risks Fed sent record $88.4 billion profit to Treasury last year 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