The World Economic Forum, the organization behind the annual gathering of world leaders in Davos, Switzerland, is investigating allegations of improper behavior by its founder, Klaus Schwab.

The World Economic Forum was founded by Schwab, 88, in 1971 with the aim of creating an annual gathering for policymakers and business leaders to discuss major global issues.

April 21 (UPI) --The chairman of the World Economic Forum will step down "with immediate effect," the Swiss-based non-governmental organization announced Monday.On Sunday, during a special meeting ...