Trump asks SEC to consider ending required quarterly reports
(WorldNews Business)

WASHINGTON - President Donald Trump is calling on federal regulators to consider scrapping the requirement for public companies to report quarterly results, after business executives told him twice-yearly reports would make better economic sense. In a tweet early Friday, Trump said that after speaking with several top business leaders, he`s asking the Securities and Exchange Commission to determine whether shifting to a six-month reporting requirement would help companies grow faster and create more jobs. For companies, `That would allow greater flexibility & save money,` Trump tweeted. Trump later told reporters the idea was especially urged on him by Indra Nooyi, CEO of PepsiCo, who is...