President Trump proposes replacing quarterly earnings reports with semiannual ones, aiming to focus on long-term goals and cut compliance costs for public companies. Treasury Secretary Scott Bessent supports the idea, citing potential benefits for investors.
President Trump is advocating for public companies to report earnings every six months instead of quarterly. While he believes this will save costs and improve management focus, experts warn it could reduce transparency and increase risks of fraud.
2024 marks a surprising shift as no chief executive from publicly traded companies has hit the $100 million pay milestone, despite several coming close, including Starbucks' leader. What’s behind this trend?
