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Page last updated at 06:18 GMT, Friday, 16 July 2010 07:18 UK
Today: Friday 16th July

The investment bank, Goldman Sachs, has been forced to pay a financial penalty of $550 million, the largest ever imposed on a Wall Street institution. And BP says it still has a lot of work to do, even though the company has stopped the flow of oil leaking into the Gulf of Mexico

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Business News with Nick Cosgrove: The latest reaction to Goldman Sachs' record penalty pay out. And Friday boss, Nintendo's general manager David Yarnton, discusses the companies success in the British market.

Did you smile in your childhood photos? If you did, you may be less likely to get divorced than those who were caught frowning at the camera. US journalist Anneli Rufus gives a summary of recent research into the factors which might predict marital strife.

How do you cutting the number of prisoners in England and Wales? The number of inmates per head of the population is almost twice the figure in Northern Ireland. Correspondent Mark Simpson has been finding out whether lessons can be learned from the justice system in Northern Ireland.

Investment Bank Goldman Sachs has agreed to pay $550 million to settle civil fraud charges, for misleading investors in the way it marketed complex mortgage investments. Gillian Tett, of The Financial Times, discusses if this is a victory for the US Securities and Exchange Commission.

Tens of thousands of students are likely to be denied a place at university this autumn, following a record number of applications. UCAS chief executive Mary Curnock Cook explains how the system is dealing with the 12% increase in the number of people who want to go to university.

Business news with Nick Cosgrove.

A recent poll showed that most Americans want the Obama administration to set a timeline for complete withdrawal from Afghanistan. Few believe the campaign is going well. Correspondent Kevin Connolly travelled to Quantico in Virginia, a town with a strong military tradition, to find out how the rising number of casualties are affecting US national morale.

Around 100 babies a year are dying unnecessarily in the UK because they are born outside working hours, according to a study by researchers at Cambridge University. Professor Gordon Smith, who led the research and Dr Patrick O'Brien, of the Royal College of Obstetricians and Gynaecologists, discuss what can be done to solve the problem.

Sports news with Jon Myers.

Who should take over as the next leader of the Labour party? Former foreign secretary David Miliband makes his pitch for the leadership.

The film The Miners' Hymns at this year's Durham Festival is causing a stir in the mining community. Controversially, the film leaves out perhaps the most important miners' hymn - Gresford. Reporter Nicola Stanbridge remembers the miners who lost their lives in the Gresford mining disaster 76 years ago and the hymn written to commemorate it.

The paper review.

Thought for the day with the writer Rhidian Brook.

Would a greater emphasis on restorative justice improve our justice system? Sara Nathan of the Independent Commission on Youth Crime and Antisocial Behaviour and former Home Office Prisons Minister Ann Widdecombe discuss whether both both crime and the prison population can be reduced.

Investment bank Goldman Sachs has settled their lawsuit with the US regulator, the Securities and Exchange Commission. They have agreed to pay $550 million to settle civil fraud charges. Most of the money will go to the SEC in fines, but $100m is heading to RBS, mostly owned by the UK taxpayer. Business editor Robert Peston and author Greg Zuckerman discuss whether the investment bank's reputation has been tarnished.

There are major premieres for 19 living British composers at the BBC Proms in 2010, which is almost double the usual number. Roger Wright, director of the BBC Proms and composer Tansy Davies examine whether we are in the midst of a golden era of British classical music.

Sports news with Jon Myers.

Aids experts from around the world are calling for governments to radically reform their drug law enforcement policies to help prevent the spread of HIV among drug users. Dr Evan Wood, founder of the International Centre for Science in in Drug Policy, explains why he believes the current policy has failed. Moscow correspondent Rupert Wingfield Hayes reports on the likelyhood of Russia changing its hard-line anti-drug policy.

A judge is to rule on the length of time Peter Sutcliffe should serve in jail. Home Affairs correspondent June Kelly speaks to a woman who survived an attack by the Yorkshire Ripper.

Business news with Nick Cosgrove.

BP says it has temporarily stopped oil flowing into the Gulf of Mexico from its leaking well. Oceanographer Dr Simon Boxall explains the technical challenges of the operation.

Can South Africa learn about justice from the courts set up for the World Cup? FIFA demanded that a parallel system of courts be set up to deal with crime related to the tournament. Correspondent Jonah Fisher considers the lessons from the efficiency of these courts.

The final edition of Friday Night with Jonathan Ross is aired tonight on BBC One. It marks the end of Ross's controversial career at the BBC before he switches to ITV next year. TV presenter Terry Christian and The Guardian's Lucy Mangan discuss secret of a bearable chat show.


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