Switzerland

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.

Mitt Romney's Swiss bank account is back in the news, and Americans are wondering why he has money in the famous tax haven. But if "Swiss bank account" makes you think of criminals, secret agents and tax dodgers, your ideas are more fiction than fact.

As people in Japan's earthquake-tsunami disaster zone deal with the additional danger of radiation from damaged nuclear reactors, nations across the globe are taking the crisis as a sign that it's time to get more aggressive in their development of safer nuclear power plants.

Reports from the ultra-elite Swiss meeting show that CEOs are far more optimistic than they've been for years. Considering their cash hoards, an M&A wave is likely. But they're unmoved by the idea that they should create societal value.

In a bid to promote a more polished image, Swiss-banking giant UBS is giving employees a 43-page guide that advises them on how to dress to impress when dealing with clients, in extreme detail. Do: Wear jackets buttoned. Don't: Let underwear be seen.

WikiLeaks, the website that publishes confidential documents, jumped to a Swiss domain name after hackers attacked its American domain. The attacks prompted the American domain name provider, EveryDNS, to withdraw service, The Associated Press said. "Wikileaks.org has become the target of...

Swiss company ABB will buy U.S. motor manufacturer Baldor Electric Company (BEZ) for $3.1 billion or $63.50 per share. The deal will offer ABB more opportunities in the North American market and allow Baldor to find global customers for its industrial electric motors. Joseph Hogan, CEO of ABB,...

Swiss antitrust authorities are investigating BMW for allegedly blocking vehicle sales to Swiss citizens in some parts of Europe. The Swiss Competition Commission said it has information that BMW distribution branches in the European Economic Area are barring sales of BMW and Mini brand vehicles...

UBS and Credit Suisse Group will have to almost double their capital holdings because Switzerland has set out to further tighten the reins on its megabanks, requiring them to hold capital well in excess of the new Basel III rules.

International banking regulations agreed upon in Basel, Switzerland, last week will reduce the probability of a future financial meltdown, U.S. Treasury Secretary Timothy Geithner said before the House Financial Services Committee today.