Sweden

Once again, 24/7 Wall St. has examined the OECD's report on life satisfaction. And once again, the United States fails to make the top 10 happiest nations in the world. Which countries do? Some may surprise you.

Michael Treschow, chairman of Ericsson AB (ERIC), will step down by the end of 2012. The company will appoint a successor at one of the next two annual shareholder meetings, Bloomberg News reported. Treschow, 67, took the position in March 2002. "This is something that has grown inside me since...

In Saturday's New York Times, Gretchen Morgenson profiled economist Ian Shepherdson, who's taking a more bullish stance. Namely, he sees the U.S. potentially following Sweden's example of a sharp comeback after financial disaster. Here's why that's a bad call.

For the first time, the privately owned Swedish furniture retailer, Ikea Group, has disclosed its financial results. The retailer, known for its low cost yet stylish furniture, is doing very well.

Saab Automobile signed a deal to begin using BMW engines as the struggling Swedish automaker seeks to restore its profitability and prestige.

Geely put up $1.3 billion cash for Volvo and issued a note worth $200 million, Ford said in a statement. Ford expects to receive extra proceeds after a later price "true-up."

After a year-long search, General Motors finally found a buyer in the Dutch sports-car maker. The $400 million offer comprises $74 million in cash and $326 million in preferred shares. Saab workers and customers finally have a good reason to be hopeful.

Unswayed by the latest offer from Dutch sports car maker Spyker Cars, Detroit-based GM is preparing to mothball Saab for good, The Economic Times has reported, citing a news report published Wednesday in Sweden.

After announcing Friday that it would shutter Swedish car maker Saab, GM has reportedly received several inquiries from potential buyers. One is from previously rejected Saab suitor Spyker Cars, which has submitted a revised bid that expires at 5 p.m. Monday. Spyker says that it has removed the obstacles that ended negotiations previously.

Things appear to be moving quickly in the saga of Tiger Woods and his wife, Elin. The result could be that she sets Tiger free -- for a price: She gets up to $300 million and own sponsorship deal, and he goes back to playing golf -- and playing the field.