Telecommunications mogul Carlos Slim pledged $65 million Tuesday for genetic research on cancer, type 2 diabetes and kidney disease. Scientists from Harvard University, Massachusetts Institute of Technology and Mexico's National Institute of Genomic Medicine will collaborate on the three-year Slim Genomic Medicine Initiative. Slim, who ...

MEXICO CITY (Reuters) - Mexican icon Carlos Slim may be one of the world's two richest men, but his telecommunications empire is losing some of its shine. Technology, regulation and growing competitors are chipping away at Telmex, the cornerstone of Slim's telecommunications holdings, and once-frantic sales growth at his America Movil wireless operator is tapering off. Slim, who acquired ...

Luxury retailer Saks Inc. said Monday its board moved up the expiration of a "poison pill" to Dec. 14, getting rid of a defensive measure it took last year against Mexican billionaire mogul Carlos Slim. In November 2008, Saks introduced a "poison ...