A shareholder proposal seeking for Disney to reconsider participating in the Human Rights Campaign's corporate equality index went up for a vote at the entertainment giant's annual meeting.
A shareholder proposal argued that Disney's involvement in such divisive political issues has alienated segments of the audience, and damaged the company's stock price.
Disney shareholders rejected an anti-DEI proposal on Thursday. A conservative think tank proposed that Disney stop participating in the Corporate Equality Index.
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Kohl's on Friday changed the title of its chief DEI officer and broadened its supplier diversity program in response to President Donald Trump's push to dismantle the practice in the federal government and private sector.
Verizon is awaiting FCC approval for its $9.6 billion purchase of Frontier Communications.
Shareholders of Deere & Co. voted overwhelmingly to reject a proposal seeking to curb the farming-machinery maker's diversity, equity and inclusion plans — the latest sign of investor resistance to conservative efforts to end diversity practices.
JPMorgan Chase will continue its diversity efforts, its CEO Jamie Dimon said in an interview with CNBC on Monday, despite a broader corporate retreat from such initiatives.
CNBC's Joe Kernen reports on the latest news.
Coca-Cola has warned that DEI policy changes could negatively impact its business. In an annual filing, the company said fostering an inclusive workplace culture was "critical" to its success.
JPMorgan Chase expects to face criticism on some of its business practices, including diversity, equity and inclusion (DEI), according to its regulatory filing on Friday.
The Walt Disney Company backs away from DEI and reasserts its core entertainment business mission, according to an internal memo obtained by Reuters.