Advanced Micro Devices, the maker of personal computer processors, said that its profit rose in the second quarter but sales declined as it cut prices to compete with Intel. Read more..

By BLOOMBERG NEWS - The New York Times

Steven M. Theede’s resignation ended his two rocky years in charge of Yukos, Russia’s embattled private energy company. Read more..

By ANDREW E. KRAMER - The New York Times

The rebranding campaign is no mere nostalgia trip. Despite its warts, AT&T is still the most recognizable name in the phone business. Read more..

KEN BELSON - The New York Times

The Daqin Railway Company, the operator of China’s biggest coal transport network, said its 15 billion yuan ($1.9 billion) share sale attracted bids worth almost nine times the stock on offer, as investors sought to benefit from the country’s risi... Read more..

By BLOOMBERG NEWS - The New York Times

Reliance Industries, an energy company in India, reported a 10.7 percent rise in profit for the quarter ending in June, helped by strong margins in its refining business. Reliance, based in Mumbai, said profit rose to 25.47 billion rupees ($544 mi... Read more..

By SARITHA RAI - The New York Times

The semiconductor maker said the new costs will be reflected in results for fiscal 2002 through 2006, from options granted to employees in 1998 through 2003. Read more..

By BLOOMBERG NEWS - The New York Times

Katsuaki Watanabe denied reports that Toyota might make an alliance offer to compete with one from Renault-Nissan. Read more..

By MARTIN FACKLER - The New York Times