Kellogg Holders Reject Anti-Biotech Proposal

Kellogg Co. shareholders overwhelmingly rejected a proposal to force the cereal maker to stop using genetically altered crops, despite claims from two groups of nuns that the crops are unsafe and put the company at risk for lawsuits. Kellogg is removing genetically altered ingredients from its products in Europe and Australia, where there has been increasing consumer backlash. But the company has declined to do the same in North America, citing lack of consumer interest and insufficient scientific evidence. Several other food companies are being targeted with similar anti-biotech proposals.