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.
Goldman's top execs get only stock bonuses, can't sell for 5 years
Goldman Sachs Group, Inc on Thursday announced that top level managers will receive no cash bonuses this year but instead would be given compensation in the form of stock which can't be sold for five years.
Times Square shooting leaves scammer dead
An undercover police officer on Tuesday killed a Times Square scammer believed to be conning tourists along Broadway and 46th Street.
Insurance tied to survival odds in head/neck cancers
People with cancers of the head or neck seem to have better survival odds if they have private health insurance, research hints.
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.
Savvy kids can access explicit online worlds: FTC
Even a minimally savvy youngster can figure out how to access violent or explicitly sexual content in some virtual or Internet worlds, the Federal Trade Commission said on Thursday.
U.S. wireless users satisfied, FCC should help more: GAO
Most customers are generally satisfied with their wireless telephone service, but many are frustrated with fees associated with ending their contract to switch carriers, according to a congressional study released on Thursday.
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 .
Times Square scammer killed by police
A Times Square scammer believed to be conning tourists along Broadway and 46th Street was on Thursday killed by a plain clothes policeman.
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.
Common heart rhythm problem on the rise in the U.S.
About 3 million Americans suffer from the most common type of abnormal heart rhythm, atrial fibrillation, and that number is likely to double by 2035, new research shows.
Pelosi open to 'better way' than public option for health reform
House Speaker Nancy Pelosi on Wednesday reiterated that if there was a better way than a public option for health care reform she would be open to it, but stopped short of saying she would not pass a healthcare bill without it, as in previous occasions.
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.
Wall Street gains on positive trade data
Stocks gained on Thursday as a surprise narrowing in October's U.S. trade deficit suggested the economy was on a steady growth path.
Fed's Duke: tight credit still holding back housing
Lenders stung by the financial crisis are still holding back on extending credit, impeding a recovery in the housing market, Federal Reserve Governor Elizabeth Duke said on Thursday.
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.
DEALTALK-Chinese banks eye Asian American banks for US entry
As Chinese banks try to take advantage of an easier regulatory regime to enter the U.S. market, Asian American banks could become natural targets for these big players, analysts say.
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.
U.S. household wealth up in Q3, second quarterly gain
U.S. households' net worth rose $2.7 trillion to $53.4 trillion in the third quarter, notching its second straight quarterly advance, Federal Reserve data showed on Thursday.