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Saturday, March 13, 2010

Mexico home to world’s richest man, outranks Microsoft’s Bill Gates

Mexico’s Carlos Slim, a man with holdings in U.S. retailer Saks and New York Times Co., was named the richest man in the world by Forbes magazine Wednesday.
Outranking the U.S.’s Bill Gates as the wealthiest man in the world, Slim has a fortune of $53.5 billion, a sum he earned with a work ethic he’s had since he was a boy selling snacks to his family.
Slim’s key to success is his reputed ability to take failing businesses and turn them into profitable enterprises.
He took this same approach buying up New York Times Co. stock in 2008. He is now in the position to hold a 16 percent stake in the company.

Source: Reuter's


International airline group says Latin American airlines picking up North American slack

Source: CNN Money

New Nevada wind turbine facility to supply North and South American energy projects

Source: BrighterEnergy.org

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