Magnum owns Ben & Jerry’s. Now it’s destroying what made the brand worth buying

Corporate America is retreating from stated values faster than at any point in a generation, and shareholders are starting to push back. Last week, BP shareholders confronted management at the company’s annual meeting over its retreat from climate commitments. Target’s stock fell 17% and same-store sales dropped after the company walked back its DEI commitments while Costco shareholders rejected an anti-DEI proposal by a 98% vote and watched their company’s sales keep growing. Customers and investors...