U.S.: 19th Best Place for Retirees
For retirees hoping to live long and prosper in their golden years, the U.S. is only the 19th best place to be, according to a new index.
sweden
It's International Women's Day: How Does the U.S. Wage Gap Compare?
Happy International Women's Day, America: Overall, your women are doing pretty well. But when it comes to wage equality -- how much women earn compared to men -- the land of the free and the home of the brave ranks a startling 61st worldwide, behind nations like Madagascar, Cambodia and Guyana.
Pirate Bay Co-Founder Arrested in Cambodia
Cambodian police have arrested a co-founder of file-sharing website The Pirate Bay and are preparing his extradition to Sweden, where he was convicted of violating copyright laws.
The 10 Happiest Countries in the World
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.
A Swedish-Style Rebound? Not Likely for the U.S.
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.
Ikea Announces Financial Results For the First Time
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.
In Bid to Revive its Fortunes Saab Inks Engine Deal with BMW
Saab Automobile signed a deal to begin using BMW engines as the struggling Swedish automaker seeks to restore its profitability and prestige.
Ford Completes Sale of Volvo to Zhejiang Geely Holding Group
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."
GM and Spyker Seal a Deal
for Saab
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.
GM to Spyker: No Deal for Saab
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.
GM's Saab Story Not Over Yet
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.
Elin May Dump Tiger -- and Get Picked Up by Puma
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.
