$COST won't join DEI backlash. Why shareholders rejected anti-'woke' proposal.Costco shareholders reject conservative proposal on diversity initiatives, with more than 98% of shares voting against it. The proposal, submitted by a right-leaning shareholder advocacy group, argued that diversity, equity, and inclusion policies are illegal, immoral, and detrimental to shareholder value. Costco chairman emphasized the importance of inclusivity and appreciation for all employees. This vote comes in the midst of President Trump's crackdown on DEI, highlighting the increasing DEI showdown at shareholder meetings. #StockMarket
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