Guess? Inc. is turning into the cheapest takeover candidate in the fashion industry.

European stocks slid the most in a month amid growing concern that Greece may leave the euro as the region’s leaders prepared to meet in Brussels.

French President Francois Hollande challenged Germany’s handling of the financial crisis as he headed to his first European Union summit with calls for joint borrowing and cash injections to struggling banks.

Treasuries rose, with 10-year notes snapping a three-day decline, before European leaders meet for a summit in Brussels to address the region’s debt crisis.

Demand for new U.S. homes increased more than forecast in April as low mortgage interest rates and an improving economy drew buyers.

A top surrogate to Mitt Romney said making money -- rather than creating jobs -- was the primary goal of the presumed Republican Party presidential nominee when he was running Bain Capital LLC, saying he “acted responsibly” as chief executive officer of the private-equity firm.

Fifteen percent of chief financial officers around the world are willing to make cash payments to win or retain business, according to a survey of executives interviewed by the accounting firm Ernst & Young LLP.

Bloomberg's Rich Jaroslovsky talks about flawed products seeking a second chance after the companies addressed the problems, including the Dropcam Wi-Fi video-monitoring camera and Research In Motion’s BlackBerry PlayBook tablet. (Source: Bloomberg)

At the Museum of Modern Art’s Party in the Garden gala, patrons, artists and performers mingled in the courtyard amid sculptures by Joan Miro and Henry Moore.