HOUSTON (AP) — Mexican billionaire Carlos Slim tells religious and community leaders that increasing workers' earning power and offering Latino-owned companies easier access to funding that can be used for growth and expansion can help improve the social and economic status of Latinos in the U.S. and throughout Latin America.
América Móvil is anxious to shed some of its wireline and wireless assets so it can gain regulatory freedom, but Mexico's Federal Institute of Telecommunications (IFT) told company owner Carlos Slim that the company can't present a plan until it names a buyer.
Carlos Slim, the Mexican billionaire who also owns a minority stake in The New York Times, is reportedly launching an effort to bring every illegal immigrant DREAMer into the workforce. As Bloomberg News noted, Slim is the world’s second-richest...Show More Summary
Wealthy business tycoon, Carlos Slim of Mexico, recently proposed having a three-day workweek while he attended a business conference in Paraguay, as per a piece in The Washington Post. Mentioning this new concept could underscore modern...Show More Summary
With its home turf in Spain still a painful market, Telefonica seems to have decided that its best bet for the future lies in Latin America. Rumors last week had them sniffing around assets in Mexico in the wake of Carlos Slim’s retreat, but this morning they took a more concrete action. Telefonica has bid […]
T he stories, deals, moves and more from the upstart economy that made us take notice in July. Upstart moves for July Washington state follows Colorado as it begins to allow certain, licensed stores to sell marijuana legally for recreational, as opposed to medicinal, use. Show More Summary
The second richest man in the world, Carlos Slim, made a proposal this week that might excite employees around the globe. Slim, the Mexican telecom magnate, told those at a business conference that he thinks employers should move to shorter work weeks that promote increased leisure time for employees without losing productivity. Show More Summary
The world's second-richest man and Mexico's version of Fatboy Slim, Carlos Slim, recently said at a conference in Paraguay that commoners people should only be working three days a week, saying, "We would have more time to relax; for quality of life. Show More Summary
But the Mexican telecom mogul's reasons are influenced by more than a little self-interest
The Mexican billionaire may be interested in making a play for the rising mobile phone carrier.
Carlos Slim argued that giving workers four days off a week will make them healthier and more productive. The post World’s Second-Richest Man Calls For Three-Day Workweek appeared first on ThinkProgress.
Mexican billionaire Carlos Slim says he has a way to improve people’s quality of life: work only three days a week.
People are working too many days but not enough years, according to the world's second-richest man. Mexican telecommunications tycoon Carlos Slim says it is time for a "radical overhaul" that would result in people working just three days a week but postponing retirement until their 70s, reports the Financial Times...
The Wall Street Journal speculated over the weekend that Carlos Slim and his company America Movil might make a big move north of the border. And of course in the US mobile market, there is only one target getting that sort of attention – T-Mobile USA. Just what the US telecommunications markets need: another foreign billionaire? […]
slim We’ve got it all wrong, says Carlos Slim, the Mexican telecoms tycoon and world’s second-richest man: we should be working only three days a week. Attending a business conference in Paraguay, Mr Slim said it was time for a “radical overhaul” of people’s working lives. Show More Summary
Many of us wish for longer weekends and shorter workdays, and that’s just how it should be, according to Carlos Slim. Slim, considered the second-richest man in the world with corporate holdings of $71.2 billion, is a Mexican philanthropist, investor, and business magnate. He was ranked as the world’s richest person in the world from
By Charles Lewis Sizemore: At first glance, it looked as if the condemned man had stolen the executioner's axe and cut off his own head rather than wait for the inevitable. Facing imminent antitrust legislation in Mexico aimed squarely at his telecom empire, Carlos Slim opted to act first with announced plans to break up America Movil (NYSE:AMX). Show More Summary
You may think the U.S. fell short on telecom competition, but in Mexico a single company has long dominated the communications landscape: América Móvil. It services 70 percent of all mobile connections and 80 percent of all landline phone links in the country. But billionaire Carlos Slim, the carrier’s controlling […]
In the news today is America Movil’s move down in Mexico to break itself up. Carlos Slim’s flagship is planning to sell off ‘certain assets’ to take its marketshare in Mexico below 50%. … [visit site to read more]
Facing the inevitability of new rules aimed at breaking its grip on Mexico's telecommunications industry, Carlos Slim's América Móvil announced that it would sell off "certain assets … to a new and solid carrier independent from América Móvil with experience in the telecommunications sector."