James R Oestreich reviews Seiji Ozawa's final concert with Boston Symphony Orchestra at Tanglewood; photo (M)

Amid Stars and Standards, A Music Director Departs

Roberta Smith reviews Irish Hunger Memorial in Battery Park City, New York; recreation of potato field on concrete base was designed by sculptor Brian Tolle; photos (L)

Critic's Notebook; A Memorial Remembers The Hungry

Muirfield, site of British Open, is expected to slightly level playing field for rest of contenders looking to defeat Tiger Woods; photos (M)

The Field Can Be Beaten, But What About Woods?

World Business Briefing | Europe: Britain: KPNQwest Sells Assets

Swedish clothing retailer Hennes & Mauritz says says in June rose 19 percent, compared with month last year (S)0

World Business Briefing | Europe: Sweden: Clothier's Sales Rise

Article on Azurest, oldest of five black enclaves on edge of Sag Harbor, New York; photos; map; area in Hamptons has been summer destination for affluent black families for years, and homes are passed from generation to generation (M)

Comfort and Refuge in Black Hamptons Enclave

Carnival Corp has until July 18 to decide whether to make concessions in its offer for P&O Princess Cruises to appease European antitrust regulators, and bring long running battle for control of P&O Princess one step closer to fruition; battle for P&O has been raging since December, when Carnival moved to disrupt friendly merger between P&O and Royal Caribbean Cruises with $5.5 billion hostile bid for P&O; Royal Caribbean chief executive Richard Fain meets with European competition commissioner Mario Monti and urges him to block Carnival's bid (M)

Cruise Line, In Bid to Buy Rival, Faces A Deadline

News analysis of continuing slide in stock prices, despite efforts by Pres Bush to boost investor confidence; market's fate in near future is probably in hands of small individual investors and foreign investors, neither anything like Wall Steet insiders; photo (M)

Taking Hold Of the Wheel

Focus on controversy surrounding Karahnjukar Hydropower Project planned by Iceland's government to dam glacial river flows in large tract of wilderness and produce hydroelectric power for aluminium smelter planned by Alcoa; smelter will rest on country's wind-swept eastern fjords, with view to creating 2,000 construction jobs and 600 to 1,000 permanent ones in region Icelanders are deserting in droves; outraged environmentalists say country is selling its wild birthright, damaging its eco-tourist image and risking credit rating to benefit $23 billion American conglomerate and to win mere handful of jobs; backers of project say country has profitably taken big risks to attract smelters twice before, that it must keep its rural areas populated and that it will still be able to establish stunning national park, as environmentalists desire; photos; maps (M)

An Icelandic Battle of Wildlife Versus Voltage

Gov George Pataki far outpaced Democratic rivals in New York race in fund-raising over last six months, taking in about $12.7 million to about $2 million for Carl McCall and $3.1 million for Andrew Cuomo; filings indicate one of most expensive races in state history (M)

Pataki Bests 2 Main Rivals on Donations

News analysis of plea agreement between John Walker Lindh and Justice Department, which allows 21-year-old Californian accused of fighting for Taliban to avoid life sentence but gives him 20 years in prison; federal prosecutors publicly advanced Justice Department's argument that Lindh represented serious menace, but privately within legal circles there was strong feeling of relief; many law enforcement officials agreed that case was too insignificant to be worth protracted courtroom battle; photo (M)

A Plea Suited To Both Sides

Some money managers are saying that pharmaceutical stocks are likely to be good long-term investments whether or not industry quickly benefits from wave of mergers; drug companies have made numerous missteps: bets on wrong products, run-ins with regulators, and failures to quell talks in Washington and elsewhere that prices are susceptible to being reduced; news that Pfizer will acquire Pharmacia helps lift prices of few drug stocks; graph (Market Place column) (M)

Market Place; New Prospects for the Battered Drug Stocks

 Senate Unanimously Passes Corporate Overhaul Bill  The Senate unanimously passed a broad overhaul of corporate fraud, accounting and securities laws to curb the abuses that have rocked Wall Street, and President Bush strongly hinted that he was inclined to sign almost any bill that emerged from negotiations between the Senate and the House.    The 97-to-0 vote came only a few hours after Mr. Bush, speaking in Birmingham, Ala., tried to restore shaken investor confidence by declaring that ''the economy is coming back,'' but he warned that it had to work through a ''hangover'' after an ''economic binge'' that lasted much of the last decade. [Page A1.]

BUSINESS DIGEST

Article on North Fork of Flathead River in Montana, near Glacier National Park and Canadian border, where 11 species of predators, including grizzlies, wolves, wolverines, cougars and lynx roam freely without human influence or intervention; conservationists, with help from US and Canadian governments, hope to designate 100,000-acre portion of Flathead Valley just north of US as part of Waterton Park in effort to keep it wild; photos (M)

Where the Bears and the Wolverines Prey

Several leading computer and telecommunications companies are discussing joint creation of wireless data network that would make it possible for users of hand-held and portable computers to have access to Internet at high speeds nationwide; Intel Corp, IBM, AT&T Wireless and several other wireless and Internet service providers including Verizon Communications and Cingular are exploring creation of company to deploy network based on increasingly popular 802.11 wireless data standard, known as WiFi (M)

Talks Weigh Big Project On Wireless Internet Link

Television article notes new summer programs successful enough to move to regular season prime time; focus is on Fox's talent contest American Idol and NBC's quiz and stunt show Dog Eat Dog; photos (L)

Dreaming Up Summer's Breed of TV Hits

John Walker Lindh, 21-year-old Californian who fought with Taliban in Afghanistan pleads guilty, Federal District Court, Alexandria, Va, to two felony counts in surprise deal with prosecutors and will serve 20 years in prison; avoids trial and possible life sentence; pleads guilty to one of 10 counts charging he provided service to Taliban, outlawed as terrorist organization by Pres Bush and predecessor Bill Clinton; pleads guilty to separate charge not in indictment of carrying explosives when committing felony; will forgo any profits from writing or talking about experiences; will testify for government against others who face similar charges; drops any claims that he was mistreated by American forces after capture on December 1; government drops remaining counts, involving more serious ones of conspiring to kill Americans and engaging in terrorism; sentence could carry fine of $500,000; members of Lindh's family voice disappointment; father Frank Lindh denies son is terrorist or that he supports terrorism; federal prosecutors and defense attorneys comment; reactions in Lindh's hometown of San Anselmo, Calif, are mixed; photos (M)

Admitting He Fought in Taliban, American Agrees to 20-Year Term

Article on issues estimated 20 million American women may have to consider following announcement that hormone replacement therapy has caused small but significant increases in breast cancer, heart attacks, strokes and blood clots in nationwide study of postmenopausal women; chart; photo (M)

Hormone Therapy: One Size, Clearly, No Longer Fits All

Dow Jones industrial average closes down 45.34 points, at 8,639.19, after being down 440 points in afternoon; late-day rally appears to be driven by traders looking for quick profits on stocks that fell too far, too fast, not by investors looking for companies to buy and hold; Standard & Poor's 500-stock index is down 3.46 points, or 0.38 percent; Nasdaq composite index rises 9.12 points, or 0.66 percent, to 1,382.62; graph; chart; photo (M)

The Dow Plunges 440 Points, Then Roars Back

Focus on Bush administration's broad new proposal for domestic security, to be made public on July 16; proposal calls for sweeping changes that include creation of top-secret plan to protect nation's critical infrastructure and review of law that could allow military to operate more aggressively within US; includes: establishment of national standards for state drivers' licenses, creation of intelligence threat division within proposed Department of Homeland Security, increase in inspections of interntional shipping containers in home ports and before entering US, ensuring that government agencies can communicate with one another; plan calls for first thorough inventory of nation's critical infrastructure, both public and private, followed by secret plan to protect it; photo (M)

Bush Is to Propose Broad New Powers In Domestic Security

Clyde Haberman NYC column on Bloomberg administration's latest brainstorm, revising New York City Charter, issue not raised for nearly a year; asks what better way to add snap to dull summer than to have new mayoral panel run through complex charter issues in less than two months (M)

'The Charter'? No, It Isn't John Grisham

Six competing designs from planners for Lower Manhattan Development Corp and New York-New Jersey Port Authority for developing World Trade Center site in Lower Manhattan include memorial park as centerpiece, covering as much as third to two-thirds of 16-acre plot; some include footprints of twin towers on memorial, and others call for at least one soaring tower that evokes oversize presence of trade center in Lower Manhattan skyline; plans reportedly restrict development on site itself largely to commercial offices and retail space; some call for museum as part of memorial, and most designate existing buildings to south for residential towers and for cultural or performing arts center (M)

Memorial Park Plays Large Part In Preliminary Trade Center Plans

Allan Kozinn interviews Shanghai-born composer Bright Sheng, whose quasi-opera Little Silver is being presented by Lincoln Center Festival; photos (L)

A Composer Who Combines Musical Styles Worlds Apart

Investors are skeptical about Pfizer Inc's proposed $60 billion acquisition of Pharmacia, driving Pfizer's stock down more than 10 percent despite executives' attempts to soothe them by accelerating buyback; analysts say investors are worried that Pfizer might be paying too much for Pharmacia and are disappointed by its second-quarter sales and by news that third quarter may also fail to live up to expectations; Pharmacia's stock rises $6.66, or 20 percent, closing at $39.25; Pfizer falls $3.42, to $28.78; Pfizer chairman-chief executive Dr Henry A McKinnell says he expected initial decline in stock price but expects to win investors' support quickly for deal; Pfizer says second-quarter net income rose 7 percent, to $1.96 billion, from $1.83 billion; revenue rose 5.4 percent, to $8.03 billion, from $7.62 billion; chart; photo of McKinnell with his Pharmacia counterpart Fred Hassan (M)

Wall St. Is Wary of Pfizer but Embraces the Target

 Euro Edges Past Dollar  The euro became worth slightly more than the battered American dollar -- $1.0055 in New York -- for the first time in more than two years, giving Europeans a shot of pride.   BUSINESS DAY, PAGE C1    Preaching Hate to Hijackers  German authorities are looking into a religious leader who they say preached heated anti-Western and anti-Jewish messages at a Hamburg mosque attended by several of the Sept. 11 hijackers.   PAGE A3

INSIDE

John Cocke was an American computer scientist at IBM and recognized for his large contribution to computer architecture and optimizing compiler design. He is considered by many to be "the father of RISC architecture."

July 16, 2002

Headlines from July 16, 2002

Amid Stars and Standards, A Music Director Departs

Critic's Notebook; A Memorial Remembers The Hungry

The Field Can Be Beaten, But What About Woods?

World Business Briefing | Europe: Britain: KPNQwest Sells Assets

World Business Briefing | Europe: Sweden: Clothier's Sales Rise

Billboard 200

Nellyville

The Eminem Show

God's Favorite

Let Go

Truthfully Speaking

Notable Deaths

Historical Context for July 16, 2002