Former NYSE Governor Jay Woods explains why some large companies may abandon their Dei designs in Cavuto: Coast to Coast.
Costco shareholders have completely rejected the proposal demanding a report on the risks related to its preservation. Diversity, Equality and Malti (DEI) The wholesale club said on Thursday that efforts were made.
Initial results show that about 98 % of shareholders voted in favor of the action Company.
Costco shareholders vote with a decisive majority opposed to the risk assessment of the company's Dei programs. (Angus Case / Bloomberg via Giti Image / Getty Image)
Last month, the Costco Board of Directors unanimously opposed the proposal, a proposal made by an active shareholder of the National Public Policy Research Center, which raised concerns about the risk of Dei Costco after the Supreme Court's order. SFFA in front of Harvard That race discrimination in the college admission violates the clause of amendment to amendment.
After the signing of Trump's executive order, Dei policies decrease the target level
The proposal points out how 13 state prosecutors have warned for Fortune 100 companies, including Dei companies' programs, and a number of complaints have been filed.
John Hart, CEO of Openthebooks, discusses how the taxpayers were wasting billions of dollars in Dei's actions in The Bottom Line.
But the Costco board defended its plans.
“In accordance with our commitment to” obedience to the law “, we regularly evaluate our procedures on compliance with the law, including the Supreme Court's decisions,” the Board of Directors wrote in response to the proposal. “We believe that our diversity, equality and efforts are legally appropriate, and nothing in this proposal shows the opposite.”
What caused a rebellion against Dei in America?
Costco and its shareholders are constantly welcomed by Dei as support for these programs in the private sector as well as the public sector.
| Ticker | Security | The last | Change | % |
|---|---|---|---|---|
| Cost | Costco WholeSale Corp. | 939.68 | -2.48 |
-0.26 % |
Over the past year, more than twelve major companies, including Walmart, McDonald, Ford and Amazon, have reduced their Dei initiatives, and shareholders' decisions in US companies seeking to deal with Dei and other corporate social considerations are less than 5 %. They have gained support. On average in the year 2024
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President Donald Trump On Monday signed an executive order to remove all Dei plans from the federal government.
Daniel Wallace and Reuters of Fox Business participated in the report.