Jojo Custodio

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Bill Gates regains title of world's richest man

Beth Belton | USA TODAY<p>Gates hasn%27t been No. 1 on Bloomberg billionaires index since 2007<br>• Second on the list now is Mexican investor Carlos Slim%2C who owns largest cellphone carrier in the Americas<br>• Warren Buffett is world%27s third-richest man and Spanish fashion executive Amancio Ortega is No. 4 …

As Tesla Raises Capital, Elon Musk Doubles Down

Tesla Motors has been surging after the company reported its first quarterly profit and got a rave review from Consumer Reports for its Model S sedan. The electric carmaker’s next step: raising capital.<p>After the bell Wednesday, the company that has short sellers cringing announced it will sell 2.7 …

BILL GATES IS THE RICHEST MAN IN THE WORLD AGAIN

Bill Gates is once again the world's richest man, according to Bloomberg News.<p>It says Gates has taken the lead from Mexican magnate Carlos Slim thanks to Microsoft's rising stock price. It's at a 5-year high trading at ~$34 a share.<p>Bloomberg's Billionaire Index hasn't yet updated to reflect Gates' …

On His First Day In Office, Intel CEO Admits Mobile Is A Problem

"We see that we've been a bit slow to move into that space," Krzanich admitted Thursday at Intel's annual meeting with shareholders, as reported by Ian King of Bloomberg News.<p>Intel, the world's largest chip maker with $53.3 billion in revenue in 2012, is being hit hard by the PC market's steady …