Shareholders rejected a proposal to evaluate the risks of maintaining diversity, equity and inclusion initiatives.
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Costco faces down anti-DEI group as Trump stokes backlash
Costco defends its DEI policies as other US companies' shrink after Trump action
Costco is pushing back on a shareholder proposal that urges the wholesale club operator to conduct an evaluation of any business risks posed by its diversity, equity and inclusion practices. Investors were expected to vote on the recommendation during the company’s annual meeting Thursday.
Costco defends DEI policies even as others scale back
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How Costco is risking the wrath of Donald TrumpCostco is defying Donald Trump and conservative activists by sticking to its DEI policies The president-elect and his incoming administration have railed against diversity, equity and inclusion (DEI) initiatives, claiming they are unfair and distracting.
Costco shareholders voted strongly against a proposal requesting a report on the risks of maintaining its diversity and inclusion initiatives, the U.S. company said on Thursday, sending a message running counter to the intense scrutiny many such corporate policies face.
Donald Trump is now officially the 47th president of the United States after taking the oath of office on Monday. CNN’s Fact Check team found that Trump made more than 20 false claims in his inaugural address as he declared “America’s decline is over” and vowed “a tide of change is sweeping the country.”
The president has vowed to use his post to fight elements of what conservatives have decried as "woke" culture.
While most government functions will not be operating on Monday, most grocery stores, big box stores and restaurants will remain open. Major chain stores such as Target, Costco, Walmart, The Home Depot, Jewel-Osco and Mariano's will remain open on the holiday.
Costco is defying Donald Trump and conservative activists by sticking to its DEI policies The president-elect and his incoming administration have railed against diversity, equity and inclusion ...
Costco shareholders rejected a proposal to report on the potential risks of the company's DEI efforts.While several companies have walked back diversity programs, Costco's board unanimously supported theirs.
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Will Donald Trump-Elon Musk bromance last? Fareed Zakaria's takeIn an exclusive interview with India Today News Director Rahul Kanwal, veteran journalist and geopolitical expert Fareed Zakaria shared his views on how long the bromance between Donald Trump and Elon Musk will last.
On Wednesday, JP Morgan CEO Jamie Dimon, the very epitome of a respectable corporate leader, a pillar of what passes for the American establishment, praised Musk effusively: “The guy is our Einstein,” Dimon told CNBC. Einstein, we should note, was firmly anti-Nazi.
Giant retailer Costco who is expanding their Australian operation appear to be heading for a head on fight with the Trump administration, over their woke diversity, equity and inclusion programs. Brands such as Amazon,
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