Trump renews controversial idea for axing quarterly reports for companies

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US companies should be allowed to report earnings every six months instead of quarterly, President Trump said on Monday, in what would be a major shift for corporate America if the Securities and Exchange Commission approved the change. “This will save money, and allow managers to focus on properly running their companies,” Trump wrote in a Truth Social post, reprising an […]


Verizon axing DEI programs as it seeks FCC approval for $9.6B Frontier deal

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Verizon Communications said Friday it is ending diversity, equity and inclusion programs after the Trump administration opened a probe and as the US telecom carrier seeks approval to purchase Frontier Communications. Federal Communications Commission chair Brendan Carr in February criticized Verizon for its promotion of DEI programs and said it could be a factor in the Frontier deal. […]


Walmart axing jobs, closing offices as more white-collar workers asked to relocate

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Exclusive: Walmart – the nation’s largest private employer – is eliminating hundreds of roles and closing one of its North Carolina offices as it continues to pull workers back to its main hubs in California and Arkansas, according to an internal memo seen by FOX Business on Tuesday. Walmart Chief People Officer Donna Morris said in the memo […]