Bill Gates Calls for Overhauling Teacher Pay System

The Microsoft co-founder and philanthropist recently criticized school pay structures, urging the 50 state superintendents of education to end teacher pay increases based on seniority and education level, and reward them based …

Carlos Slim Buys Stake in BlackRock

Carlos Slim, the world’s richest man, bought a stake in BlackRock Inc. (BLK), the world’s 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…