Business Today: Nasdaq, Dow slip on tech weakness, S&P 500 edges up

	Click to View in Browser 07/19/2013 Nasdaq, Dow slip on tech weakness, S&P 500 edges up NEW YORK (Reuters) - The Dow and Nasdaq stock gauges fell on Friday as disappointing results from Microsoft and Google dragged on the market, while the S&P 500 index edged up to end at a second straight record high. Exclusive: Microsoft in talks with ValueAct over board seat - sources NEW YORK (Reuters) - Members of Microsoft Corp's board have held talks with ValueAct Capital Management LP in recent days over the activist shareholder's demands to secure a seat on the company's board, two sources close to the matter said. SEC says Steve Cohen failed to supervise two of his traders NEW YORK (Reuters) - The U.S. Securities and Exchange Commission on Friday accused hedge fund mogul Steven A. Cohen of failing to supervise two employees who are facing insider trading charges. The latest risk in Tourre trial: jurors dozing and losing the plot NEW YORK (Reuters) - It was billed as the hottest trial to come out of the Securities and Exchange Commission's investigations of the financial crisis. Microsoft shares hit by biggest sell-off since 2000 (Reuters) - Microsoft Corp shares fell more than 12 percent on Friday, their biggest plunge in 13 years, a day after the software company posted dismal quarterly results due to weak demand for its latest Windows system and poor sales of its Surface tablet. G20 wary of scaring markets, promises careful policy shift MOSCOW (Reuters) - The Group of 20 nations, wary of renewed market volatility, pledged on Friday to shift policy carefully and communicate clearly as they seek to navigate a path to recovery. JPMorgan plans to name risk or finance experts to board: source (Reuters) - JPMorgan Chase & Co expects to name two directors with expertise in risk or finance to its board, according to a person familiar with the matter. U.S. outlines steps for Bangladesh to restore trade benefits WASHINGTON (Reuters) - The U.S. Trade Representative's Office on Friday outlined a series of steps that it urged Bangladesh to take to improve factory conditions and workers rights in order to have U.S. trade benefits restored. GE order book surges; may bode well for global manufacturing (Reuters) - General Electric Co on Friday unveiled a surprise jump in its backlog of orders for dishwashers, X-ray machines and scores of other industrial products, boosting the conglomerate's shares and stoking hopes for gains in manufacturing around the world. Honeywell cost cutting drives profit higher (Reuters) - Honeywell International Inc reported a stronger quarterly profit as it cut costs and sold more security systems for buildings and turbochargers for cars and trucks, nudging its shares to a lifetime high. Related Video Why bruised Brazil is a buy MuniLand: Detroit bankruptcy won't impact muni market Economic News Factory, labor market data offer bright signs for economy U.S. economic growth gauge rises to highest since April 2011: ECRI 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