Apple shareholders reject proposal to scrap DEI despite growing backlash

Apple shareholders voted to keep the tech giant’s diversity, equity and inclusion policies at an annual meeting on Tuesday, a win for management which had opposed efforts by a conservative group to scrap the program.

The vote at the iPhone maker’s annual meeting was seen as a test of shareholder views about the value of DEI programs, which many companies added or beefed up starting in 2020 amid the Black Lives Matter movement. ---More...