October 23, 2002

Tom Golisano, Independence Party's nominee for New York governor, repeatedly condemns tax and paperwork burdens that he says Albany imposes on small business, but helping small businesses cope with red tape is how Golisano built substantial fortune that is financing his run for state office; his Rochester-based company, Paychex, has itself sought some of corporate tax breaks that Golisano deplores; photo (M)

George Vecsey Sports of The Times column describes nostalgic and singular experience of visiting throw-back Pacific Bell Park to see San Francisco Giants play in World Series; photo (M)

Big winners in thriving health-care industry are hospitals, particularly those that have assembled networks that dominate local markets, makers of ingenious medical devices and nurses, who are getting big raises and better working conditions; strongest managed care companies are reporting sharply higher profits, as premiums rise even faster than do underlying costs; growth of spending on drugs is slowing, after decade-long bonanza of profits for drug companies; graphs; photos (M)

World Business Brief

Canadian Imperial Bank of Commerce's plan to invade US retail banking market by placing branches in supermarket chains and blanketing country with automated teller machines has fizzled; Canadians appear to have badly misjudged American banking habits; Canadian Imperial will 'substantially' reduce or close US operations of Amicus, unit it set up to provide financial services in supermarket chains Safeway Inc and Winn-Dixie Stores; chairman-chief executive John S Hunkin comments; Amicus lost $186 million in nine months ended July 31 on revenue of only $102 million; photo (M)