Why Costco Is Holding Onto Its Diversity Initiatives

P.M. Edition for Jan. 23. Many companies and government agencies are facing pressure to roll back their efforts at diversity, equity and inclusion, but Costco is working to keep them. WSJ reporter Sarah Nassauer explains why the company is urging shareholders to strike down a proposal to reject them. Plus, President Trump pushes his “America First” policies in an address to the World Economic Forum. And software firm MicroStrategy is making a big bet on bitcoin. We hear from WSJ reporter Vicky Ge Huang about the surprising group of investors backing it. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices