Costco shareholders reject anti-DEI measure

Costco shareholders have roundly rejected a proposal calling for a report on the risks associated with keeping its diversity, equity and inclusion (DEI) efforts in place, the wholesale club said Thursday. Preliminary results show that some 98% of shareholders voted against the measure, according to the company. Last month, Costco's board of directors came out unanimously against the proposal, which was brought by activist shareholder the National Center for Public Policy Research, which raised concerns of r ...