IBT Staff Reporter

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Goldman top executives to take bonuses in stock

Goldman Sachs Group Inc plans to pay top managers their 2009 bonuses in stock, rather than cash, as it seeks to deflect outrage over a near-record pay haul months after it repaid billions of dollars in taxpayer aid.

Wall Street closes up after jobs, trade data

Stocks gained on Thursday as signs of improving trends in the job market and a decline in the U.S. October trade deficit reassured investors the economy was on a steady growth path.

UK study confirms H1N1 far less lethal than feared

H1N1 pandemic swine flu is far less lethal than feared, British scientists said on Wednesday, but public health officials should not be complacent in fighting it and vaccination campaigns should continue.

Marrow transplant cures adult sickle cell disease

Bone marrow transplants, already used to treat some children with sickle cell disease, also may cure some adults with this deadly genetic defect that causes red blood cells to contort, U.S. scientists said on Wednesday.

Birth weight, early weight gain may hasten puberty

A relatively low birth weight and early-age weight gain may increase the likelihood of early puberty, hint findings from a German study. Earlier onset of puberty has been linked to certain cancers, high blood sugar and obesity.

New jobless claims rise, trade gap narrows

The number of U.S. workers filing new claims for jobless benefits rose more than expected last week, but a surprise narrowing in the trade gap in October indicated the economy remained firmly on a steady growth path.

Judge says Lehman trustee can transfer assets

The trustee in charge of liquidating Lehman Brothers Holdings Inc's brokerage business won court approval on Thursday to transfer about $1.6 billion to $1.7 billion of customer property to new accounts at Barclays Plc .

U.S. fixed mortgage rates climb from record lows

U.S. fixed home loan rates edged above record lows in the past week, tracking bond yields higher following surprise improvement in November employment, home funding company Freddie Mac (FRE.N)(FRE.P) said on Thursday.

Osteoporosis meds may cut breast cancer risk: study

Women who took a commonly used class of osteoporosis drugs called bisphosphonates had significantly fewer invasive breast cancers than women not using the bone-strengthening pills, according to a new analysis of data from the Women's Health Initiative (WHI).

U.S. household wealth rises in Q3, may spur spending

U.S. households' net worth rose $2.7 trillion to $53.4 trillion in the third quarter for a second straight quarterly advance, Federal Reserve data showed on Thursday, which may boost consumers' confidence to spend.

This “Free” Therapeutic Developer Could Give You 42% Gains

The health care sector's dismal performance has been Wall Street's worst-kept secret this year. And with uncertainly swirling around the health care debate right now, many investors are shying away from health care stocks for good reason - governmental reforms could affect medical businesses enormously.

SEC eyes deals in insider trading probe: sources

A new U.S. securities regulatory investigation into potential insider trading began in mid-November with the issuance of subpoenas to a number of hedge funds that may have gotten an advance word on corporate takeovers, said people familiar with the matter.

Goldman executives to forgo cash bonuses this year

Goldman Sachs Group Inc plans to pay top managers their 2009 bonuses in stock, rather than cash, as it seeks to deflect outrage over a near-record pay haul months after it repaid billions of dollars in taxpayer aid.

Prudential says Wachovia stake sale on track

Prudential Financial Inc's sale of its stake in a brokerage joint venture is on schedule to close next month and is expected to give its capital position a significant lift, the company said on Thursday.

UN climate chief sees progress on clean tech deal

U.N. climate talks are making progress on sharing green technologies but rich nations need to offer deeper cuts in carbon emissions by 2020 to help unlock a deal, the U.N.'s top climate official said on Thursday. There's a general recognition that we need a technology mechanism, as part of a U.N. climate convention, Yvo de Boer told Reuters on the sidelines of December 7-18 talks in Copenhagen, when asked about progress so far.

Somali pirates free Greek ship after ransom paid

Somali pirates freed the Greek ship Ariana and its 24 Ukrainian crew on Thursday after a helicopter dropped a multi-million dollar ransom onto its deck and ended a more than six-month hostage ordeal.

Sara Lee should mull spin-off - analyst

Sara Lee Corp (SLE.N) would be wise to split the company to strip out fixed liabilities from recent divestitures and rebase its existing operations, like coffee and baked goods, outside the United States, a former company executive and industry analyst said.

China slaps duties on U.S., Russian steel

China, the world's biggest steel consumer, said it will impose anti-dumping duties of up to 25 percent on specialized steel imports from Russia and the United States, stepping up a trade row with Washington.

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