Business Index

LEAD: After slowing to a crawl for more than two years, the regional economy has shifted into reverse, shedding 8,000 jobs in private industry in New York City and 7,000 such jobs in northeastern New Jersey in the five months ended in May.

Growth in Jobs Shifts to Losses in New York Region

LEAD: Hardly a month goes by without a warning from a Western Government agency or university that the growing dependence on Japanese microelectronics in the 1980's was only a start. In the 1990's, the theory goes, Japan will parlay the talents it used in largely dominating the making of advanced computer chips to displace - if not acquire - the

News Analysis;   A New Fear of Japan

LEAD: WITH the lowering of another cold war barrier, American paleontologists have roamed the Gobi Desert of Mongolia for the first time in six decades, finding a new reptile species related to the Komodo dragon, identifying promising sites for future excavations and recapturing some of the exotic flavor of the most celebrated fossil-hunting expedition of this century.

After 60 Years, Scientists Return To Fossil 'Paradise' of the Gobi

LEAD: Many Eastern Airlines maintenance supervisors, including those indicted last week on charges of falsifying records, were trapped between the airline's aggressive management and its militant unionized workers, interviews with people at many levels of the airline show.

Eastern's Woes Tied To Pressure

LEAD: Political squabbles in Milan used to be the generic small-town sort; the Democrats fought with the Republicans, the year-round folks fought with the weekenders and everyone fought about the leaky landfill. That was before Vince Scelba was elected town supervisor.

Our Towns;   Locking Up Town Openness With a Deadbolt

LEAD: A 9-month-old boy playing in his walker was shot to death yesterday by a gunman who fired repeatedly through the door of the child's grandmother's apartment on the Grand Concourse in the Bronx.

Shots Through Door Kill a Bronx Infant Playing in a Walker

LEAD:    Explosion Is Feared In Atom Waste Tanks    In the most pessimistic study to date, a Government panel warned that an explosion could rupture tanks of radioactive waste at the Hanford nuclear reservation in Washington.

INSIDE

LEAD: George Steinbrenner was banned yesterday from further involvement in the management of the New York Yankees because of his three-year association with, and $40,000 payment to, a man the commissioner of baseball called a ''known gambler.''

Steinbrenner's Control of Yanks Severed

LEAD: The Government will need $100 billion from taxpayers in the fiscal year beginning Oct. 1 to continue its current pace of closing and selling off hundreds of failed savings and loans, L. William Seidman, the chairman of the Resolution Trust Corporation, told Congress today.

SAVINGS REGULATOR SEEKS $100 BILLION FOR BAILOUT IN '91

LEAD: At an intersection near Times Square, passers-by on either side of Broadway can follow the scent of flowers in every direction. There are vendors with bouquet-laden shopping carts. There's a couple who make flower arrangements under an umbrella. There's a mobile fruit stand with a floral section. There are arguments.

Flower Sellers' Ruthless Competition

LEAD: In the latest of a series of terrorist attacks in Britain, a Conservative member of the British Parliament who was an outspoken critic of the Irish Republican Army was killed today when a bomb planted in his car exploded at his home, the police said.

British Legislator, Foe of I.R.A., Is Killed by a Bomb at His Home

LEAD: Mutual fund investors seem to have generally shrugged off last Monday's sharp break in the stock market, and cash continues to be drawn into stock funds, mutual fund executives said yesterday.

Market Place;   Mutual Funds Are Resilient Despite Last Week's Plunge

LEAD: Joseph A. Fernandez is running up against the jagged realities of the New York City school system.

Fernandez At 6 Months

LEAD: IN a revision that has far-reaching implications for the way humans see the natural world and their role in it, many scientists are forsaking one of the most deeply embedded concepts of ecology: the balance of nature.

New Eye on Nature: The Real Constant Is Eternal Turmoil

LEAD: The Cetus Corporation suffered a setback today when an advisory committee to the Food and Drug Administration said it could not yet recommend that Cetus's flagship drug, interleukin-2, be approved for use.

Cetus Drug Is Blocked By F.D.A.

LEAD: In the biggest expansion by a Japanese computer company into Europe, Fujitsu Ltd. will pay $1.29 billion for 80 percent of ICL P.L.C., Britain's only manufacturer of mainframe computers, the two companies announced today.

Fujitsu To Buy ICL Stake

LEAD: Only nine local jurisdictions in the nation, all in the New York region, still dump sewage sludge in the ocean, and eight of them are on their way to complying with a Federal law that makes that illegal at the end of 1991. All except Nassau County.  Every day that the county violates a compliance agreement it signed last year with the Environmental Protection Agency, it is fined $22,000.

Nassau, Sludge Scofflaw, Pays Big Fines

LEAD: The nation's accountants may soon feel a backlash from the savings and loan crisis.

Accountants Fear S.& L. Backlash

LEAD: In Chinatown, once considered an oasis from many kinds of crime, residents and business owners are nervous these days about a recent surge in violence that they blame on Vietnamese gangs.

Chinatown's Old Gangs Give Way to Violence and Fear

LEAD: ARMED with solid clues, intriguing rumors and even tips from amateur astronomers, a small army of scientific sleuths is slowly closing in on the cause of the flawed mirrors in the $1.5-billion Hubble space telescope.

Sleuths Zero In on Cause of Telescope Flaw

LEAD: Progress toward a peaceful settlement of a coup attempt by Muslim rebels was uncertain tonight after three days of tense negotiations mediated by a Anglican cleric.

ACCORD IS STALLED IN TRINIDAD SIEGE

LEAD: Pierre A. Rinfret, the Republican gubernatorial candidate, used the killings of young innocent bystanders in New York City to lend some emotional power today to his call for the death penalty.

Rinfret Renews Call for Death Penalty

LEAD: For some people Judaism is a culture; for others a religion.

Tisha B'av, a Fast Day, Helps Bridge Judaism's Secular and Religious Sides

LEAD: The LTV Corporation, the military contractor and steelmaker, said today that its second-quarter net earnings more than doubled. The company, which is operating under bankruptcy court supervision, reported net income of $76.6 million, or 59 cents a share, compared with $30.3 million, or 21 cents a share, in the comparable period last year.

LTV Net Rises Sharply

Joseph Albert Florimond Leduc was a Canadian professional ice hockey defenceman. He played in the National Hockey League from 1925 to 1935. with the New York Rangers, Ottawa Senators, and Montreal Canadiens. He won Stanley Cup twice, in 1930, and 1931, both with Montreal.

July 31, 1990

Headlines from July 31, 1990

Business Index

Growth in Jobs Shifts to Losses in New York Region

News Analysis; A New Fear of Japan

After 60 Years, Scientists Return To Fossil 'Paradise' of the Gobi

Eastern's Woes Tied To Pressure

Billboard 200

Please Hammer Don't Hurt 'Em

I'm Breathless: Music From And Inspired By The Film Dick Tracy (Soundtrack)

Step By Step

Wilson Phillips

Pretty Woman

Notable Deaths

Historical Context for July 31, 1990