By Dan Levy [Bloomberg] -- Silicon Valley is beset by the biggest office property glut since the dot-com bust, leaving the U.S. technology hub with empty high-rises and office parks that make it impossible for landlords to sustain average rents. More than 43 million square feet [4 million square meters] -- the equivalent of 15 Empire State Buildings -- stood vacant at ...

Advanced Micro Devices Inc. on Thursday said its offer to buy back certain senior debt due 2012 has closed. The chip maker said $1.35 billion worth of convertible senior notes carrying an interest rate of 5.75 percent were turned in by debt holders. Advanced ...