Costco shareholders rejected a proposal urging the wholesale club operator to evaluate any risks posed by its diversity, equity and inclusion practices. According to preliminary results shared by Costco executives at its annual meeting Thursday, more than 98% of shares voted against the proposal.

Costco's shareholders overwhelmingly rejected a proposal that called for assessing the risk of keeping its diversity, equity and inclusion (DEI) programs in place.

Target is ending its DEI program this year, the latest corporation to step away from such policies in the face of scrutiny from conservative groups.

One of the country’s largest retailers said it will end the diversity, equity and inclusion goals it sets in three-year cycles and curtail racial equity initiatives.

The Trump administration is directing the heads of federal agencies to "take action to terminate" staffers of DEI offices, according to a memo from the U.S. Office of Personnel Management issued Friday night.

The Trump administration is following through on the president's campaign vow to oust diversity, equity and inclusion programs. A memo distributed Friday night to the heads of federal agencies ordered them to "take action to terminate" workers in DEI roles,