 Stocks Slide on Rate Fears  Stocks tumbled on a report that the Federal Reserve was now inclined to raise interest rates. Investor confidence that rates would remain steady or fall had helped stocks reach records this year. Page D1.

INSIDE

New York Yankees defeat Toronto Blue Jays, 1-0; photo (M)

Though Bruised, Pettitte Proves Tough to Knock Out

Two years after he unveiled a proposal to build a new stadium for the Yankees on the West Side of Manhattan, Mayor Rudolph W. Giuliani finds himself with few allies for the project. Gov. George E. Pataki has not endorsed the plan, the Manhattan Borough President and the City Council Speaker say the team should remain in the Bronx, and many business leaders have remained silent.     Article, page B1.

Doubt on Stadium Plan

Duke University anthropologists say they have found evidence suggesting that vocal capabilities like those of modern humans may have evolved among species of Homo line more than 400,000 years ago; say their research shows that by then, human ancestors may have had full modern complement of nerves leading to muscles of tongue and so could have been capable of forming speech sounds; say new findings indicate that Neanderthals, relatives of modern humans, could have had same gift for speech; research was conducted by Drs Richard F Kay and Matt Cartmill with assistance of former student, Michelle Balow; diagram (M)

Ancestral Humans Could Speak, Anthropologists' Finding Suggests

Clyde Haberman NYC column discusses campaign in New York City to cut down on taxiabs and other vehicles from blowing their horns frivolously; photo (M)

Tips to Lift Heavy Hands Off Cab Horns

Stock market drops sharply across-the-board as sudden fear that Federal Reserve may raise interest rates spreads doubt about durability of strong 1998 rally; concern is prompted by Wall Street Journal article that says Fed policy makers are learning toward raising interest rates; Dow Jones industrial average closes down 146.98, or 1.6 percent, at 8,917.64; Nasdaq drops 48.65 points, or 2.6 percent, to 1,820.31; Standard & Poor's 500-stock index falls 21.36, or 1.9 percent, to 1.086.54, while Russell index of 2,000 smaller-company stocks finishes down 11.82 points, or 2.5 percent, at 468.50; graphs; charts (L)

Stocks Tumble On Worries Of Rate Rise

An effort to have an Israeli Jew, an Israeli Arab and a Palestinian work together to produce a mural depicting a future without fear proved far more tortured than any of them imagined -- a microcosm of mistrust and betrayal that mirrored the hostilities they had set out to overcome.    On a personal level, in private, the men forged a bond and shared a deep mutual respect. But burdened by history and communal expectations, their mural became a battleground of symbols.  

Israel Mural Reveals The Fault Lines at 50

Dave Anderson Sports of The Times on New York Knickerbockers assistant coach Brendan Malone returning to work following treatment for prostate cancer; photo (M)

Sports of The Times; For Malone And Starks, Adjusting

Pentagon officials recommend reopening Tomb of Unknowns in Arlington National Cemetery after concluding that DNA tests will show that remains of unidentified American killed in Vietnam belong to either First Lieut Michael J Blassie or Capt Rodney L Strobridge, pilots shot down over South Vietnam on same day in 1972; final decision will be up to Defense Sec William S Cohen; members of Blassie's family have appealed to Pentagon to disinter remains and conduct DNA tests; they have suggested that Pentagon deliberately obscured remains' identity in rush to declare unknown soldier from Vietnam in Reagan Administration; photo (M)

Pentagon Seeks to Open Unknowns' Tomb

Article discusses play of New York Knickerbockers forward Larry Johnson in first two playoff games against Miami Heat; photo (M)

Johnson a Quiet but Steady Force for Knicks

Security Council decides to extend sanctions against Iraq, ignoring threats from Baghdad that it will disrupt future arms inspections if sanctions are not lifted; Bill Richardson, US representative, says United Nations weapons inspectors have found that Iraq still has long way to go in accounting for all of its weapons of mass destruction; Council, in gesture to Iraqis, who have recently allowed greater access to arms inspectors, does not limit future sanctions reviews to six-month intervals but reverts to system of permitting reviews every 60 days; US has vowed to veto any lifting of sanctions until Iraq has met number of requirements, including verifiable disarmament and return of prisoners and property seized in invasion of Kuwait (M)

Restrictions on Iraq Will Stay in Force, U.N. Council Rules

Article contends that two years after he first unveiled proposal to build stadium for New York Yankees on West Side of Manhattan, Mayor Rudolph W Giuliani finds himself with few allies in effort to build expensive new home for team at new location; NYS Gov George Pataki has not endorsed plan and Manhattan Borough PresidentC Virginia Fields and City Council Speaker Peter F Vallone say team should remain in Bronx and many real estate and business leaders have privately stated that they are concerned about such factors as stadium's impact on congestion and pollution (M)

Few Follow as Giuliani Leads Way on New Site for Yankees

Single European currency could be new rival to US dollar, which has reigned supreme in global finance; 11 nations of European Union that have chosen to participate in first stage of monetary union will take big step this weekend toward making long-planned single currency a reality: they will lock their exchange rates together in preparation for program's formal start on Jan 1, 1999; international influence of new currency, the euro, will depend on economic strength of European partners; given high unemployment rates and other problems afflicting Continent, the new system's success cannot be taken for granted; graphs (L)

In the Wings: Euro as Potential Rival to the Dollar

American multinational corporations are lobbying to preserve loophole inadvertently created two years ago by Clinton Administration that allows them to avoid paying foreign governments billions of dollars a year in taxes; all of Republicans and most of Democrats on House Ways and Means Committee, which sets tax policy, sign letter urging Treasury Department to withdraw regulations it issued in January aimed at closing loophole (L)

Corporate Push To Save Break On Foreign Tax

Gary Larson, cartoonist best known for his Far Side comic strip, explores world of biology in his drawings, and scientists say he gets it right; Larson is so revered by scientists that they have named a louse and a butterfly for him; he has new book out called There's a Hair in My Dirt: A Worm's Story, illustrated narrative about family of worms; drawings (L)

AFICIONADO OF SCIENCE: Gary Larson; An Amateur of Biology Returns to His Easel

New Jersey State Senate and Gov Christine Todd Whitman agree on compromise auto insurance plan that promises 15 percent rate reduction for most motorists but puts off until 2000 highly contentious issue of how much more urban drivers can be charged; compromise is drafted to satisfy Assembly Soeaker Jack Collins, who had demanded that current law's gap on premiums paid by urban drivers be eliminated (M)

Whitman and New Jersey Senate Reach Car Insurance Compromise

Russian publisher, Limbus-Press of St Petersburg, facing objections from Muslim orgns, drops plans to publish Salman Rushdie's novel The Satanic Verses; Elie Wiesel will speak at Florence Gould Hall on April 28 to commemorate centennial of Emile Zola's 'J'accuse,' which denounced wrongful conviction of Alfred Dreyfus; photo of Wiesel; some 700 members of Royal Shakespeare Co, Royal National Theater, English National Opera and London's West End troupes will celebrate Gershwin centenary by taking part in series of semi-staged musicals by Gershwins, George S Kaufman, Irving Berlin, Arthur Sullivan and Stephen Sondheim; Tony Bennett will take part in 50th Nice jazz festival on France's Cote d'Azur this July; photo (M)

Footlights

Pieces of international space station are stacking up at testing sites and prelaunch warehouses awaiting a decision to begin putting giant laboratory together in space; timely assembly of space station is threatened by delays in construction of Russian-built module, which will contain living quarters, life support, communications and flight control systems for station; photo (M)

Space Station Is Assembled, But Only on the Ground

Article profiles career of quarterback Doug Flutie, who has signed with Buffalo Bills; Flutie has been successful in both college and Canadian Football League; photo (M)

PRO FOOTBALL: Flutie Tries to Get Past 'The Pass'; At 35, Football's Everyman Takes Another Shot at the N.F.L.

 Treasury Yields Surge On Fear of Rising Rates  Investors fearful of a rise in interest rates sold bonds aggressively, pushing up the yield on the 30-year Treasury to 6.05 percent, from 5.94 percent on Friday, and contributing to a selloff in the stock market. It was the highest level in two months.    Bond market strategists attributed the selling to a report that the Federal Reserve was now leaning toward a rise in rates to suppress inflationary pressure. Even so, some said they saw little chance that the Fed would raise rates at the next meeting of its policy-making committee, on May 19. [Page D10.]

BUSINESS DIGEST

Mayor Rudolph W Giuliani backs Gov George E Pataki's vetoes of over $1.5 billion in state spending, including $202 million from New York City's school construction budget and millions more that would have gone to teachers' salaries and educational programs; praises Pataki's fiscal prudence and says he has actually been generous to city; notes that state is still increasing aid to city schools by $300 million; Schools Chancellor Rudy Crew and lawmakers from both parties oppose cuts (M)

GIULIANI ENDORSES VETOES BY PATAKI, DESPITE CITY LOSS

Exhibition of sculptures of Ellsworth Kelly is being readied at Iris and B Gerald Cantor Roof Garden at Metropolitan Museum of Art; Kelly, who will be 75 on May 31, is enjoying his place as one of America's pre-eminent postwar artists; is overseeing complex installation of his five sculptures, one of which weighs 4,500 pounds; photos (M)

On the Use of Buildings For Decorative Effect

Interview with John Irving on occasion of his new novel, A Widow for One Year; photo (M)

A Novelist Builds Out From Fact To Reach The Truth; John Irving Begins With His Memories

Powerful and wealth Koch family of Koch Industries is involved in bitter feud over family energy business; on one side are two brothers, Charles and David, who own and control company; on the other two brothers, William and Frederick, who were bought out but say they got swindled; jury in Topeka, Kan, will soon decide whether two brothers cheated the other two out of $2.3 billion or whether brothers seeking the money are being greedy; photos (L)

Brother Versus Brother; Koch Family's Long Legal Feud Is Headed for a Jury

James Burrows, veteran director of television sitcoms, and actor John Mahoney collaborate on Steppenwolf Theater (Chicago) production of The Man Who Came to Dinner, 1939 comedy by George S Kaufman and Moss Hart; photo (M)

A Winding Path of Laughter From Stage to TV and Back

Song Yu-bin, commonly referred to as Song Yuvin, is a South Korean singer and actor. He is best known as a contestant of Superstar K6 and Produce X 101, and for being one of the vocalists of the South Korean group Myteen. Following Myteen's disbandment in 2019, he debuted as a member of the duo B.O.Y, until their disbandment in April 2021.

Song Yu-bin, South Korean singer and actor

Song_Yuvin

Drexel Jerome Lewis Bixby was an American short story writer and scriptwriter. He wrote the 1953 story It's a Good Life, which was included in The Science Fiction Hall of Fame.

April 28, 1998

Headlines from April 28, 1998

INSIDE

Though Bruised, Pettitte Proves Tough to Knock Out

Doubt on Stadium Plan

Ancestral Humans Could Speak, Anthropologists' Finding Suggests

Tips to Lift Heavy Hands Off Cab Horns

Billboard 200

Titanic

Let's Talk About Love

I Got The Hook-Up!

Backstreet Boys

Savage Garden

Notable Births

Notable Deaths

Historical Context for April 28, 1998