Intel redesigns transistors for faster computers

The switches, known as transistors, have typically been flat. By adding a third dimension _ "fins" that jut up from the base _ Intel will be able to make the transistors and chips smaller. Think of how skyscrapers address the need for more office space when land is scarce

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US urges China to lift restrictions on investment

Commerce Secretary Gary Locke said Chinese companies are freer to operate in the United States than U.S. firms are in China. American companies are frequently shut out of entire industries or forced to give up proprietary information, he said.

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Treasurys rise after service sector slowdown

The price of the 10-year Treasury bond rose 19 cents per $100 invested in Wednesday trading. Its yield, which moves in the opposite direction, fell to 3.23 percent from 3.26 percent late Tuesday.

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Paychex names new chief financial officer

Morphy will be replaced by Efrain Rivera, a former chief financial officer for Bausch & Lomb, which makes products for eye health. Rivera begins his new job on June 1. Morphy, 63, will be the company's vice president of finance until he retires at the end of the year.

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Walgreen key April revenue metric rises

Walgreen, based in Deerfield, Ill., said revenue at stores open at least a year rose 3.4 percent in April. But analysts surveyed by Thomson Reuters expected, on average, that revenue at those stores had risen 3.6 percent.

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LA lawsuit claims Deutsche Bank is 'slumlord'

The suit, filed in Los Angeles County Superior Court, accuses the bank of violating federal, state and city laws and seeks potentially hundreds of millions of dollars in reimbursements to the city and to evicted tenants. The bank's subsidiaries, Deutsche Bank National Trust Co. and Deutsche Bank Trust Company Americas, are the city's largest slumlords, according to the lawsuit.

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Comcast to invest $300M more in NBCU this year

The company, which bought a controlling interest in NBCUniversal in January, said $200 million will be spent mainly on new NBC shows to fill the 10 p.m. slot where Jay Leno briefly hosted a variety show every weeknight. It was a moneysaving move that was abandoned within months, after local stations complained that low ratings were hurting their 11 p.m. news.

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US STOCKS-Jobs data optimism fuels Wall St rally

NEW YORK, March 3 (Reuters) - Investors betting on a big gain in U.S. payrolls pushed Wall Street to its best one-day rally in three months on Thursday, but weak volume lingers as a concern for those hoping for another leg higher.

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