PRESS DIGEST - New York Times business news - Jan 11

Jan 11 (Reuters) - The following were the top stories in the New York Times business pages on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.

* The Federal Reserve will deliver a record $78.4 billion to the Treasury from its investments last year, a 65 percent increase from the $47.4 billion it transferred in 2009, according to preliminary estimates released Monday.

* Even some architects of the euro are becoming pessimistic about its future. Otmar Issing, the influential former chief economist of the European Central Bank, warns that the common currency's existence could be threatened unless member countries find a way to impose tougher spending curbs on one another.

* As Wal-Mart Stores Inc (WMT.N) battles to open its first stores in New York City, the City Council will hold a hearing on Wednesday on the possible impact to local businesses and communities.

* The chip maker Advanced Micro Devices Inc (AMD.N) on Monday pushed out its 49-year-old chief executive, Dirk Meyer, in a move that took industry analysts by surprise.