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The Securities and Exchange Commission is investigating KBR, one of the largest government contractors in the world and a key player during the occupation of Iraq, over claims that employees looking to report fraud in the company were required to sign a non-disclosure agreement forbidding them from discussing the matter with anyone, according to the Washington Post.
When courting investors for a business proposal, there are many important things to consider: the soundness of your business plan, the clarity of your presentation, the level of preparation. Now there's another thing: the sex, and sex appeal, of your presenter. New research shows that investors are more likely to support a business venture if it's being pitched by, specifically, a good looking man, according to Reuters.
Calling all CPAs! Superstorm Sandy recovery efforts, charitable organizations struggling with tax forms, and members of the public looking to boost their financial literacy all need your help and expertise. If you’re interested in volunteering a few hours of your time to a worthy cause—even in the midst of busy season—click here for details.
A group of hackers seized the Reddit account and personal blog of the CEO of MtGox, which had formerly been the largest depository of Bitcoins before a sudden and spectacular meltdown a few weeks ago, and alleged that the site's leaders did not mysteriously lose millions of dollars worth of the digital currency due to outside theft but, rather, that they stole the money themselves, according to
The terrible weather everyone has been complaining about over the last few weeks identified by Philadelphia Fed President Charles Posner as a factor for why February's less than impressive job growth figures, according to Reuters. This led the fed chief to believe that the reported weakness in the labor market is only temporary, and conditions will improve when the weather does, said Reuters.
Keith Edwards, a former assistant vice president at JP Morgan, will receive $63.9 million for information he supplied that eventually led the bank to admit that it had spent years defrauding the government, according to Forbes.