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Reese's has a new way to satisfy that salty-sweet craving.The candy company is best known for its chocolate and peanut butter cups has announced a snack cake.The chocolate and peanut butter creme cakes are being billed as a mid-morning treat.They come two to a pack -- with a price tag.Look for Reese's snack cakes in stores this December. 350

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

Recovering the wreckage of a helicopter that crashed, killing a newlywed couple and their pilot Saturday, "is going to be difficult" because of the rough Texas terrain, authorities said.Will Byler and Bailee Ackerman Byler, who married Saturday evening at the Byler family ranch in Uvalde, had just exchanged vows and were en route to their honeymoon about 100 miles east in San Antonio when their helicopter crashed into a mountain, game warden Rachel Kellner of the Texas Parks and Wildlife Department said.They were seniors at Sam Houston State University.Also killed was the pilot, Gerald Douglas Lawrence, the groom's grandfather, William Byler, told CNN affiliate KTRK. 683

President Donald Trump told the top White House lawyer in April that he wanted to order federal prosecutions of Hillary Clinton and James Comey, The New York Times reported Tuesday.The Times report, citing two people familiar with the conversation, said recently departed White House counsel Don McGahn told Trump in response that he could not compel the Justice Department to prosecute people and even requesting an investigation could be a step too far. The Times said McGahn went on to have White House lawyers list the consequences of such a demand for Trump.The Times said it was unclear if Trump read the memo about the consequences of a president having the Justice Department investigate his opponents and that it was also unclear what Trump wanted the prosecutions to cover.Trump has long called for legal action against Clinton, his Democratic rival in 2016, over her email practices as secretary of state, and he has alleged that Comey, who he fired as FBI director last year, leaked classified information.Attorney William Burck told CNN that McGahn would not comment on legal advice he had given to the President."Like any client, the President is entitled to confidentiality," Burck said. "Mr. McGahn would point out, though, that the President never, to his knowledge, ordered that anyone prosecute Hillary Clinton or James Comey."McGahn left the White House in October, a long-planned departure that followed a tenure marked in part by friction with the President. Tuesday's report about the April conversation echoed previous reporting about Trump and McGahn, including an order to fire special counsel Robert Mueller, which McGahn was said to have refused. Trump denied last January that he had made such a request.The-CNN-Wire 1753

President Trump just announced that Peas the turkey will get this year's presidential pardon — but added that carrots "refused to concede and demanded a recount." 175

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