Obama opposes energy bill trade penalties

U.S. President Barack Obama on Sunday called a House-passed climate change bill "an extraordinary first step," but spoke out against a provision that would impose trade penalties on countries that fail to

Copper steady, investors mull mixed data

Copper steadied on Friday as investors digested a mixed bag of data and weighed weak fundamentals against optimism about potential economic recovery. Copper for three-month delivery on the London Metal Exchange was

Commodities, stocks rise; dollar eases

Oil and metal prices rose on Friday, driving a rise for world stocks, while the U.S. dollar and government bond prices slipped as investors gingerly put funds back into riskier assets. U.S.

Pre helps Palm beat expectations, shares rise

Palm Inc (PALM.O) posted a narrower-than-expected fiscal fourth quarter loss on Thursday, and highlighted strong demand for its just-unveiled Pre smartphone. Palm's shares rose more than 14 percent in after-hours trading. Executives