Carlos Slim

Carlos Slim Buys Stake in BlackRock

Carlos Slim, the world%u2019s richest man, bought a stake in BlackRock Inc. (BLK), the world%u2019s largest asset manager. Mexican billionaire Slim bought a stake worth less than 2% of the asset manager, Bloomberg News reported. Slim spokesman Arturo Elias did not give details on the exact size of the stake.

Carlos Slim Open to Energy Investments Outside Mexico

Carlos Slim, ranked by Forbes as the world%u2019s richest man, said he is open to the possibility of investing in new energy projects outside Mexico. Slim, 70, said that he would consider opportunities in the power sector, Reuters reported.

Saks Shares Soar on Takeover Rumors

Saks shares have spiked on takeover speculation. Reports say a private equity consortium with U.S. and U.K. players is interested in buying the retailer and could offer some $1.7 billion for it.

Mexico's Carlos Slim Named Richest Man in the World

Mexico's Carlos Slim Helu tops Forbes's annual ranking of the world's richest people, unseating perennial inhabitants Bill Gates and Warren Buffett and becoming the first non-American to top the list since 1997.

Carlos Slim Fattens His New York Times Stake

Mexican billionaire Carlos Slim is now one of the New York Times Co.'s biggest shareholders after exercising warrants he got after loaning the media company $250 million. He reportedly won't be getting a board seat. But his growing stake has raised concerns about whether he would try to influence the fabled journalism brand in any way.

No good news at The New York Times

The New York Times Co. (NYT) just can't get its act together. Quarter after quarter, the publisher of the best (though flawed) newspaper in the...