Arizona first state to divest from Unilever over Ben & Jerry's

(JNS) Arizona moved to divest from Unilever, the parent company of Ben & Jerry’s, over the ice-cream maker’s decision to stop selling its products in the West Bank and parts of Jerusalem, becoming the first state to take such action.

Arizona State Treasurer Kimberly Yee announced last Tuesday that the state will pull some $143 million of investments from the multinational firm by Sept. 21.

“As Arizona Treasurer, I’ve divested all state funds from Ben & Jerry’s for boycotting Israel,” Yee announced on Twitter. “Israel is and will continue to be a major trade partner of AZ. I will not allow taxp...