Stocks erase gains as investors doubt rate timeline
U.S. stocks eased across sectors erasing an earlier rally amid inflation worries and Fed rate expectations. Kraft Heinz and Consolidated Edison fell. energy shares rose with crude near seven month highs. Reports on inflation and housing pointed to a cautious stance, while Treasuries and currencies fluctuated.
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GMO safety mixed but weed resistance concerns loom
A National Academies study finds GM crops pose no greater health risk than conventional varieties, but warns that insect and weed resistance to engineered traits is a growing agricultural problem. The report urges careful evaluation of each crop type and notes labeling justice remains debated.
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Twitter eyes change as character limit debated
Twitter weighs easing the 140 character cap amid talk of removing counts for links and photos. Dorsey defends the familiar brisk feel while noting growth stagnation and lag behind Facebook. company declines to comment on Bloomberg report.
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