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

Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.

Discount store chain Target said Friday that it would join rival Walmart and a number of other prominent American brands in scaling back diversity, equity and inclusion initiatives that have come under attack from conservative activists and,

Target is ending its diversity, equity and inclusion program along with other equity initiatives, the retailer said on Friday, becoming the latest U.S. firm to pull back these policies, meant to boost racial and ethnic representation at workplaces.

Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer Mediobanca in a surprise move that could reshape the country’s banking sector

By Valentina Za and Gianluca Semeraro MILAN (Reuters) -State-backed Monte dei Paschi di Siena on Friday joined the consolidation wave sweeping Italian banking with a surprise 13.3 billion euro ($14 billion) all-share offer to buy merchant bank Mediobanca.