Delta Air Lines and at least one other company are cutting ties with an upcoming event intended to honor Brazilian president Jair Bolsonaro. Bolsonaro is set to receive the Brazilian-American Chamber of Commerce's Person of the Year Award... in Manhattan on May 14... Delta (DAL) and Bain & Company, a management consulting firm, were among the sponsors for the event. They announced Tuesday that they would no longer be involved. Delta declined to comment beyond confirming its decision. Bain said in a statement that "encouraging and celebrating diversity is a core Bain principle." And though the company remains supportive of the Brazilian-American Chamber of Commerce, Bain said it chose not to sponsor the 2019 Person of the Year gala.

... A host of other corporations — including Bank of America Merrill Lynch, Bank of New York Mellon, BNP Paribas, Citigroup, Forbes, HSBC, JPMorgan, UBS, Credit Suisse and Morgan Stanley — also signed on as sponsors. Bank of America, Credit Suisse and BNY Mellon declined to comment to CNN Business about their role in the event. The others did not respond to a request for comment. Marriott International, meanwhile, told CNN Business that "diversity and inclusion are part of the fabric of our hotel's culture and operations." The company has a history of prioritizing LGBT inclusion. "We have welcomed all for over 90 years and focused on putting people first," the hospitality company said in a statement. "We are required by law to accept business even if it conflicts with our values. Acceptance of business does not indicate support, or endorsement of any group or individual."