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iPhone sales fuel smartphone surge
Apple became the world's largest smartphone vendor in the fourth quarter of 2011 in a bumper season for higher margin phones, according to the market research firm Gartner. Video
Obama says confident Senate to act on climate bill
WASHINGTON |
WASHINGTON (Reuters) - President Barack Obama said on Monday he was confident the U.S. Senate would act on landmark climate change legislation after the House of Representatives passed a bill last week to reduce emissions.
The House of Representatives passed a climate change bill on Friday that would require large companies, including utilities and manufacturers, to reduce emissions of carbon dioxide and other gases associated with global warming by 17 percent by 2020 and 83 percent by 2050, from 2005 levels.
Prospects of passage in the Senate, however, are unclear.
(Reporting by Jeff Mason)
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