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Leidos Discloses Subpoenas Amid Antitrust, Bribery Probes
  + stars: | 2022-11-01 | by ( Dylan Tokar | ) www.wsj.com   time to read: +2 min
Leidos Holdings Inc., an information-technology and engineering services firm, received dual subpoenas in recent months in connection with criminal investigations into potential foreign bribery and antitrust violations. The Reston, Va.-based company was served with a grand jury subpoena in August related to an investigation by the Justice Department’s antitrust division, Leidos said Tuesday. The probe is the second ongoing criminal investigation disclosed by Leidos this year. The FCPA probe was first disclosed by the company in a securities filing earlier this year. At the time, Leidos said it was conducting an internal investigation into activities within its international operations that it discovered in late 2021.
General Dynamics quarterly profit rises by 5%
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: +1 min
Oct 26 (Reuters) - Gulfstream jet maker General Dynamics Corp (GD.N) on Wednesday reported an about 5% rise in its third-quarter profit, fueled by strong demand for chartered flights. Demand for private flights, which boomed during the pandemic, remained strong in the quarter as wealthier passengers opted to fly private. The company delivered 35 Gulfstream business jets in the quarter, compared with 31 jets a year earlier. Its book-to-bill ratio was 1.15 times compared with 1.57 times a year ago. Sales in its aerospace unit rose to $2.35 billion from $2.07 billion a year earlier, while overall revenue rose to $9.98 billion from $9.57 billion.
Here's why: There's a lesser-known 0% long-term capital gains tax bracket, meaning it's possible you won't owe taxes on all or part of your investment gains even without loss harvesting. watch nowBut harvesting losses in the 0% bracket won't pay off since investment gains aren't taxable. Typically, it's better to save the strategy for when earnings exceed the 0% taxable income threshold. "When we're doing tax loss harvesting, you're not doing away with taxes," Pratt explained. There may be limits to carrying investment losses forward
Our seven-part guide has helpful hints for paying off student loans, negotiating your salary, building credit, and more. The road to financial independence is not easy, and usually requires patience and diligence early on. Here are the five most common mistakes young adults are making when building their financial lives:1. Waiting too long to start retirement savingPlanning for retirement is about finding a balance between putting money aside for later and having enough to pay for stuff now. “Social media creates the desire to keep up with others,” said Nick Reilly, a certified financial planner based in Seattle.
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