Costco Increases Pay to Over $30 an Hour
Costco shoppers spoke to Fox News Digital about the company’s "commitment" to diversity, equity, and inclusion after President Donald Trump pushed to end the policies in the federal government
AUSTIN — Texas Attorney General Ken Paxton joined 18 other Republican state officials in urging wholesale retailer Costco to rescind policies promoting diversity, equity and inclusion.
Retailer Costco Wholesale will increase pay for most of its hourly U.S. store workers to more than $30, according to a memo sent to employees this week.
A Kirkland, Wash., startup has landed $40 million to grow its business recycling end-of-life used tires into new materials.
Retailer Costco Wholesale (COST) is increasing wages for most of its hourly U.S. store workers over the next three years. This decision follows
Costco workers are preparing to strike as contract negotiations stall. Here’s what it could mean for shoppers, from potential product shortages to supply chain disruptions.
The fall out continues as several companies roll back on DEI policies. FOX 26's Shelby Rose reports on AG Ken Paxton sending a letter to Costco as they double down on their commitment.
The president’s push against diversity programs has led many big employers to announce rollbacks, but others are defending the initiatives as good for business.
Costco Wholesale ( COST 1.55%) has routinely been a top retail stock to own. It's coming off a stellar performance in 2024, when its shares rallied nearly 39%. And there's good reason for that, as the company has continued to post strong, resilient growth numbers even as other retailers struggled due to rising costs.
DEI policies, companies such as Target and McDonald’s have already pulled away from their previous commitments. Not Costco, which is now in the legal crosshairs.
Christian Sewing, the CEO of Deutsche Bank, is the latest to express support for his company's DEI initiatives.