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President Donald Trump says he has asked the SEC to study whether to stop requiring companies to report quarterly earnings.In speaking to business leaders, one told him a twice-a-year reporting system would allow companies the flexibility and cost savings companies need to "Make business (jobs) even better in the U.S." Trump tweeted Friday morning. Trump said he directed the SEC to look into a change in its requirements.Public companies must report their sales, profits and the state of the company's balance sheet every quarter. That has been required since the Securities Exchange Act of 1934, which was put in place to give more confidence and transparency to investors in the wake of the 1929 stock market crash. That act also created the SEC, which sets the regulations which govern those quarterly reports.Businesses have long complained that the reports require company executives to focus too much on the short term. Juicing numbers impresses investors, but it can force companies to miss out on long term trends. One of the reasons Tesla CEO Elon Musk wants to take his company private, he told his employees last week, was the way quarterly reports distort decisions at the company.President Barack Obama has also criticized quarterly reports.Speaking to the New York Review of Books in 2015, Obama said that he had talked to a large number of businesses executives who told him, "Because they've got quarterly reports to shareholders and if they've made a long-term investment that may pay off way down the line, or if they're paying their employees more now because they think it's going to help them retain high-quality employees, a lot of times they feel like they're going to get punished in the stock market. And so they don't do it, because the definition of being a successful business is narrowed to what your quarterly earnings reports are."Shareholders, however, use the quarterly earnings reports as a guide to the quality and health of their investments. Without quarterly financial reports, investors could be blind to important risk factors that could damage their portfolios.The president has run privately-held companies that didn't have to report results at all during most of his time in business,The European Commission, among others, only requires semi-annual financial reports of companies there, although major European companies whose stock is traded in both the United States and Europe will report on a quarterly basis in order to comply with SEC regulations.The-CNN-Wire 2519

Reba McEntire's former home in Lebanon, Tennessee has been transformed into an event space, allowing people to host events where one of country music's biggest stars lived for more than a decade.The home, now called The Estate at Cherokee Docks, has seven bedrooms and seven bathrooms. Each bedroom is themed after a Country Music, including Garth Brooks, Johnny Cash, Loretta Lynn, Dolly Parton, Willie Nelson, Patsy Cline, and of course, Reba herself. “We really wanted to be intentional about paying homage to Reba. There are lots of details throughout the house, lots of horses — she loved her horses obviously. Then, we paid tribute to Country Music icons in each of the bedrooms upstairs to really speak to that," Andrea Williams with The Estate at Cherokee Docks, said."This is Country Music history here, and so we wanted to keep that tradition alive.” Throughout the rest of the home, there are touches that Reba herself put in place, such as a movie theater and wine cellar in the basement.Where the property really shines is the event space that is available. Renters have many options inside the home and the rest of property, including the pool, the nearby Cumberland River, the tennis court, and an area under the trees planted throughout the property. “Reba is such a huge icon. To be in her space, to see all of the wonderful things, to see all the personal touches that she added to the property, and now to have it open to the public so that they can experience that too," Williams said. "They can walk in her three-floor closet and work out in her gym with the same equipment that was here when she was here. It’s phenomenal and there’s nothing else like it anywhere else in the city."The space is ideal for company retreats, special events, and weddings, giving people the opportunity to rent the property for the day, overnight, or for an extended period of time. To kick off their first year, The Estate at Cherokee Dock is providing 30 percent off new bookings. You can find more information on their website.  2141

Property manager Brandon Scholten is seeing big price drops in some of his listings since COVID-19 hit.“We’re at ,040 but we started at above ,300,” Scholten said about a two-bed, two-bath townhouse in downtown Denver.Scholten, the owner of Keyrenter Property Management Denver, says some of his downtown rental properties are staying on the market 20% longer and that prices have dropped nearly 20% compared to the same time last year. And he believes the plummet is linked to the pandemic.“Especially with so many remote work options now,” Scholten said. “I think all of it is just going to push that pressure outward and you’ll see prices fall in the urban corridor.”What’s Scholten is seeing in downtown Denver is happening to other major metropolitan areas across the country.“The pandemic has shifted the demand for rentals away from these really expensive areas,” said Crystal Chen, a marketing manager with Zumper an apartment rental tracker.Zumper’s recent national rent report found one-bedroom rent prices in San Francisco fell nearly 12% year-over-year, the largest drop that city’s ever seen.Other major cities that saw decline in rent prices are New York, Boston and San Jose. Cities that reported some of the largest rent increases include Lexington, Akron and Anchorage.“It makes sense,” Chen said of the prices changes for rent. “Why would people want to pay a big city price tag if they can’t use the amenities and they’re stuck at home?”With more companies embracing working from home and more people looking to social distance, Chen says more renters are now leaving expensive big cities for cheaper surrounding areas.“Which we like to call the 'Brooklyn effect' since the important factors now are space and affordability,” she said.Space and affordability: two things New York City is not known for.“I’ll be honest, a lot of people are leaving,” said Lauren Feldesman, a real estate agent with Compass. “The number of lease break calls I get a week is astronomical.”Feldesman says she is seeing a huge surplus of downtown apartment rental inventory since coronavirus concerns swept the country.“It’s a tough situation,” she said. "People lost their jobs, they’re furloughed or they have their own businesses and their business is really shut down or has taken a huge hit.”While vacancy rates are going up in major metropolitan cities across the country, some downtown renters are seeing some financial relief.“People are now negotiating down 10, 15, even up to 20% of their rent because there is so many more vacancies now as than there was before,” Chen said.Without a vaccine, however, Chen predicts rental prices in downtown areas will continue this downward trend as the rental demand shifts from cities to the suburbs. 2757

Protecting yourself from sickness has become a top priority for many people right now.Whether you're trying to steer clear of the novel coronavirus or germs in general, there are a few simple things families can do to keep their immunity in top form."First, it's important to remember that nothing you do is 100% guaranteed in preventing you from getting sick, but there are certain lifestyle changes you can make that can actually help your immune system react better when there are pathogenic invaders that would cause diseases," said SaVanna Shoemaker, a registered dietician with Healthline.Shoemaker and other experts overwhelmingly say getting enough sleep is number one."Making sure that you’re getting plenty of sleep,” said Shoemaker. Sleep and immunity are so deeply linked, so just getting adequate sleep can help you from getting sick as often.""When you have a disruptive sleep cycle and you're not getting good, adequate, restorative sleep, then our immune system takes a hit for that," said Joe Weydert, the Chair of Integrative Medicine at the American Academy of Pediatrics.She says younger children need nine to 11 hours of sleep, while teenagers could use eight to 10 hours.Also, watch out for stress. Consistent, high levels of stress can weaken your immune system."In these goofy times that we’re living in right now, we’re all experiencing high levels of stress. Kids may not say 'Oh mom, I’m stressed,' but they may manifest it by being more irritable or not sleeping well," said Weydert.Getting outside or prioritizing time to relax can help.Another major factor in keeping our immunity strong is our diet – eating rich, whole foods that are not processed. Probiotics can also help.As for supplements, "the thing you need to consider with supplements is there’s no guarantee. Now there are some supplements that some studies show may boost your immunity, but so far there’s no research in any supplement that shows it can prevent COVID-19," said Shoemaker.Vitamin D has a direct impact on our immune system, preferably straight from the sun. Elderberry is a supplement that's strongly recommended by many doctors for families, as it acts as a barrier to viruses."Other nutrients which I think are important are vitamin C and zinc. Those work together to help make what we call tight junctions in the epithelial cells. So, our epithelial cells need to be tight together so germs can't get through and vitamin C and zinc help maintain that tight junction with things," said Weydert.While supplements are certainly beneficial, experts advise getting the vitamins naturally through food. These tools are helpful in keeping your immune system at its best and a great addition to other safety measures like wearing a mask, washing your hands and social distancing as many do their best to avoid COVID-19. 2830

President Donald Trump will welcome the United States' Winter Olympics teams to the White House Friday, but the list of potential absentees reads like a who's who list of America's most well-known athletes.Lindsey Vonn, Gus Kenworthy and Adam Rippon are among the stars set to be absent, some citing political differences with the president.Freestyle skier Kenworthy, a vocal Trump critic, tweeted "the resistance is real" in reference to the expected White House no-shows."All US Olympians and Paralympians are invited to visit the White House and meet the President after the Games," tweeted the American, whose kiss with boyfriend Matthew Wilkas in Pyeongchang, South Korea became worldwide news after it was broadcast live on national television."Today is this year's visit and USOC [US Olympic Committee] spokesperson says he's never seen so many athletes turn down their invites. The resistance is real."The US Olympic Committee has yet to respond to CNN's request for a comment on the numbers of predicted absentees. 1031

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