July 1, 1999

ARNAULT TARGETS WEB - LVMH PLANS $500M FUND TO BUY 'NET CO. STAKES

Retailing powerhouse Bernard Arnault is going after the Internet in a big way. The LVMH chief is throwing $500 million into a fund to buy stakes in Internet companies in...

RALPH TO OPEN POLO CONCEPT STORE IN SOHO

Ralph Lauren's massive SoHo space has been empty for two years, but he's finally starting to fill it - with a store, and possibly restaurants and a spa. By the...

POOR REVIEWS FOR AMAZON 'BOOK CRITICS'

Amazon.com execs are under fire for how they're handling book reviews on their megasite. The e-tailing giant is feeling the heat for posting reader reviews and commentaries without verifying the...

EX-SOLLY BIG NABBED FOR INSIDE TRADES

A 33-year-old former Salomon Smith Barney exec has been charged with insider trading, netting him $1.8 million. Arjun Sekhri, 33 was arrested in Australia and is awaiting extradition. He had...

WALL ST. APPLAUDS FED'S RATE MOVE; DOW ZOOMS 155

The markets rallied yesterday after the Federal Reserve Board said it is unlikely to raise interest rates again soon after a quarter-point hike in the overnight lending rate. Fed watchers...

STRINGER TO SHAKE UP TELEMUNDO

Sony boss Howard Stringer may have to clean house all the way to the top at his troubled Spanish-language network, Telemundo. The second-largest Spanish-language network in the U.S., Telemundo has...

GEOCITIES USERS: YAHOO! HAS NO CLUE

Yahoo! bowed to pressure from angry and confused GeoCities clients, outraged that Yahoo! was claiming ownership of their home pages. The world's No. 1 portal backed off its plan to...

GRASSO UNDER FIRE - FARC VICTIMS' FAMILIES BLAST VISIT WITH GUERRILLAS

The families of three American activists killed by Marxist guerrillas in Colombia yesterday blasted NYSE boss Richard Grasso for meeting with the guerrillas over the weekend. Ali El-Issa, whose wife...

BARKIN' ARKIN KOS KELLEY

'CHICAGO Hope" star Adam Arkin is slamming series creator David E. Kelley for the "unsettling" way he fired most of the cast at the end of last season. "It was...

TWO 'NEW' PLAYS EYED FOR B'WAY

LONDON - London in the summer of 1999 is full of theatrical life.A lot of the West End shows are tourist-oriented rock nostalgia on the order of "Mamma Mia!" (the...

SHANDLING'S SHOWDOWN A HOLLYWOOD MUD FIGHT

LOS ANGELES - Comedian Garry Shandling's $100 million lawsuit against former manager Brad Grey was postponed yesterday - just as the landmark trial was about to get underway. The suit...

READY TO RUMBLE - CBS JUMPS INTO EXTREME WRESTLING RING

NOW it's going to get really ugly. CBS has thrown itself into the pro-wrestling ring and will begin airing "Extreme Championship Wrestling" - the most hard-core wrestling federation of all...

SIMMONS MAKES DREAMS HAPPEN WITHOUT SHORTS ON

RICHARD Simmons is tak-ing off his shorts and tank top. He's changing into long, black pants, a white, collarless shirt and a colorful vest for his new role as host...

TURNER HIRES AGENT TO PUT MUSCLE ON WCW

TED turner has hired Hollywood superagents at CAA to help pump up more money into wrestling extravaganzas. Turner's wrestling shows, staged by World Championship Wrestling, once dominated cable television as...

INDIA'S OM PURI IS GAINING FANS IN THE WEST

MEMO to Miramax's crack publicity squad: Figure out how to make Oscar voters remember Om Puri in "My Son the Fanatic" when next year's Best Actor race rolls around. Puri's...

TV TICKER

Diller dilemma So, is Studios USA chief Barry Diller selling the controversial "Jerry Springer Show"? Diller, appearing last night on CNBC, was cagey when asked that question by Ron Insana....

HOW EUBANKS BRIGHTENS 'TONIGHT SHOW'

KEVIN Eubanks is the secret ingredient behind the success of NBC's "Tonight Show." Jay Leno is clearly the star of the show, but Eubanks' easygoing laugh and megawatt smile have...

CITY ROCKED BY NEWS: 'THE KING' IS DEAD

This is the fifth part of The Post's look at the summer of 1977, dramatized in Spike Lee's movie "Summer of Sam," which opens tomorrow. In addition to David Berkowitz's...

DEAR DIARY: IS RUNNING REALLY EASY AS 1-2-3?

A MOLE at the White House faxed us Hillary Rodham Clinton's imaginary secret diary entry for Monday, written while she was supposedly house-shopping in Westchester County: Dear Diary: The president,...

EARTH MIGHT HAVE A LONG-LOST TWIN PLANET

Somewhere out there in the endless, dark void of space, planet Earth might have an identical twin. Or maybe some other brothers or sisters. And they might be capable of...

RUDY PAL TAKES HEAT FOR INMATE ANTI-STRESS PLAN; EXCLUSIVE

A top city jail official close to Mayor Giuliani is in trouble for pushing a plan to provide inmates with "aerobic exercise and relaxation," anti-smoking and stress-reduction programs. Joseph Erazo,...

GREAT SCOT! CONNERY LIVID AT NEW PARLIAMENT

A furious Sean Connery is threatening to boycott today's debut of Scotland's new parliament after getting a bad seat. He's angry at officials of the nation's first separate parliament in...

450 U.S. COPS WILL JOIN INTERNATIONAL FORCE IN KOSOVO

U.N. and Western officials yesterday urged the creation of a civil authority - and police force - in Kosovo, where human-rights advocates said abuses continue to occur three weeks after...

WHITE HOUSE DYNASTY? - IT'S JUST A MATTER OF PET-IGREE

IF GEORGE W. Bush wins the White House, there won't just be a Bush presidential dynasty - there will be a First Dog dynasty, too, complete with White House pedigree....

HAITIAN BOY IN '96 SCAM REMAINS IN FOSTER CARE

A Haitian boy who scammed his way to the Big Apple three years ago to escape a life of poverty in his homeland is still in foster care. The same...

EVERYONE WANTED TO KILL ME FOR WHAT I WROTE ABOUT ELVIS

THE death threats are a given for me - I get them all the time. But during the Summer of Sam, it was different. I got live spiders and snakes...

PET BAN GETS UNDER LIZARD LOVER'S SKIN

Rosalind Harris has this message to the city: Lay off my lizards! The two iguanas owned by the Manhattan actress are among the dozens of animals - from ferrets to...

ULSTER PEACE TALKS MISS DEADLINE

Northern Ireland's rival politicians failed to meet a midnight (7 p.m. EDT) deadline to save the Good Friday peace accord last night as two key parties stuck to incompatible positions....

PROCTER & GAMBLE TO CURB ANIMAL TESTS

Procter & Gamble Co. - the maker of Crest, Tide, Pampers, Pantene and Oil of Olay - said yesterday it will immediately stop using animals to test most of its...

SCHUMER PUTS HEAT ON HILLARY - SAYS N.Y.'S INTERESTS COME BEFORE BILL'S

Democratic Sen. Charles Schumer demanded yesterday that Hillary Rodham Clinton start fighting for New York - even if it means crossing her husband on such pet projects as Medicare reform...

'MISSING' TRADER SEEKS SURRENDER DEAL

Fugitive financier Martin Frankel - sought in the disappearance of at least $300 million from 11 insurance companies - reportedly has been negotiating a surrender. The 44-year-old Frankel, who worked...

PERELMAN EX IMPRISONED IN PARANOIA - THINKS HE'S OUT TO GET HER: MAG

Patricia Duff thinks her billionaire ex-hubby Ron Perelman is trying to slowly drive her crazy - and she's so paranoid she's put combination locks on the bedroom and bathroom doors...

'SOUTH PARK' YOUTH BAN? 'R' YOU KIDDING?

Parents who don't want their kids to see the raunchy new film "South Park" shouldn't assume theaters will keep their promise to bar underage moviegoers. Two baby-faced teens - one...

HONDURAN KID NEEDED A DAD - NO FATHER FIGURE TO GUIDE HIM

THIRTEEN-year-old Edwin Sabillon wasn't looking for his father when he made his solo trek to New York City - he was on a do-or-die mission in search of a father....

FOR THE 'RECORD,' BUSH HAS $36M

Republican 2000 front-runner George W. Bush hit the jackpot yesterday, shattering every campaign-cash record as he reported raising more than $36 million in the first half of 1999 - twice...

LEAD-PAINT LAW PASSES UNDER FIRE

After four hours of angry debate, the City Council yesterday passed a new lead-paint law that pitted Speaker Peter Vallone against some of his fellow Democrats. In a 36-to-15 vote,...

OFFICIALS WILL ASK TEEN WHERE HE WOULD LIKE TO GO

The United States and Honduras yesterday each mapped out a different destiny for the 13-year-old runaway whose fib tore at New York's heartstrings - but the winsome adventurer will help...

LEROY'S EX WILL GET $22M - AS APPETIZER

Flamboyant Tavern on the Green owner Warner LeRoy must fork over $22 million in cash and other assets - for now - to his ex-wife, Kay, with more to come,...

SCHOOL PROBER SAYS PRINCIPAL PLAYED JAILHOUSE CROCK

The principal of a city school for jailed teens padded attendance rolls with no-show students to rake in hundreds of thousands of tax dollars, officials charged yesterday. "It's cheating children...

PRIVATE SCHOOLS A CLASS ABOVE IN READING TESTS

City parochial and private school students posted a double-digit lead over their public school counterparts, scores of the fourth-grade state reading exams show. Citywide, 43.7 percent of parochial and private...

HURT COP'S $3.2M JURY AWARD UPHELD

New York's top court yesterday upheld a $3.2 million jury award to a police officer injured in a squad-car accident a decade ago. Officers Maria Gonzalez and Robert Samuels were...

'WONDERFUL' BOY, 7, HIT BY VAN IN B'KLYN

A 7-year-old Brooklyn boy was critically injured last night by a van driver who rode away but was stopped by a witness who pulled in front of him and forced...

RANGERS HAVE 'KILLER' INSTINCT - BLUESHIRTS NEAR DEAL FOR GILMOUR AS THEO SWEEPSTAKES OPENS; EXCLUSIVE

Hang on to your hats. This one's a Killer. Multiple sources have told The Post that while Dave Checketts and Neil Smith today begin the process of attempting to attract...

NASH HAS MAGIC TOUCH - NETS' GM HAS KNACK FOR FINDING GEMS LATE IN DRAFT

There is past evidence for optimism: Nick Van Exel went No. 37, Cedric Ceballos was drafted No. 48, Mario Elie lasted until the seventh round back when there were seven...

BEITIA SAVORS FIRST U.S. WIN

Congratulations to Jose Beitia for capturing his first victory in the United States on Golden Aria in the third race at Belmont yesterday. The 21-year-old Beitia, who arrived from Panama...

SPREE'S JERSEY HITS NBA'S TOP 10 LIST

Latrell Sprewell has won over not only the hearts of Knicks fans, but also their wallets. The speedy guard raced from out of nowhere to No. 9 most popular player...

METS, RUDY FAR APART ON NEW STADIUM

Despite making a lot of progress over months of negotiations, the Mets and City Hall remain "a mile apart" on how much the city will pay for a new stadium...

PETTITTE LETS GAME GET OUT OF CONTROL - TIGERS WALK OVER BOMBERS, SNAP WIN STREAK AT 7

No winning streak lasts forever; and the Yankees can say yesterday's 8-2 loss to the Tigers was just all the bad luck they'd missed in their seven-game roll coming home...

KNOBLAUCH'S PROBLEMS GO BEYOND THE FIELD

MAYBE his father's illness has nothing to do with it. Maybe he's just the guy whose turn it is to go through the rare, mystifying throwing malady that gripped Steve...

OL' OREL ON A ROLL - HERSH HURLING LIKE A KID

MIAMI - Orel Hershiser has been like two different pitchers, and he thinks he knows why. The 40-year-old has been getting steadily stronger as the season progresses and it has...

KNOBBY CAN'T GET A HANDLE ON THE BALL

YANK NOTES Second baseman Chuck Knoblauch's fifth-inning throwing error was his team-high 15th error of the season. Knoblauch, who won a Gold Glove two years ago with the Twins, came...

FELIPE'S FEELING NO PAIN

Felipe Lopez sat in his family's South Bronx apartment last year, watching the NBA Draft on television and fretting if his dream would come true. It did when the former...

WIN SOME, LOSE SOME - KNICKS KNOW 15TH PICKS ARE NO SURE THING

No. 15 is not No. 1, that's for sure. The Knicks had the 15th pick of last night's draft and this is what their future looked like going into last...

CLIPS DON'T SCARE ODOM

Lamar Odom can still remember the night in Lincoln Park, when he'd be the only one on the court, practicing his game until midnight. Not a day went by when...

BULLS TAKE BRAND NO. 1 - CLIPS GRAB ODOM WITH FOURTH PICK

The Bulls launched their post-Michael Jordan rebuilding project last night. And it began with Duke forward Elton Brand. In their first step toward returning to their '90s dominance, the Bulls...

WALLY'S A HIT WITH WOLVES

WASHINGTON - Wally Szczerbiak and Kevin Garnett were both high school seniors in 1995. Garnett skipped college and went straight to the NBA. Szczerbiak went to Miami of Ohio and...

BENNY'S GOT VALENTINE'S VOTE AS NL'S TOP ROOKIE

MET NOTES MIAMI - Bobby Valentine made it clear that Benny Agbayani will continue to play a lot the rest of the season when he tabbed him as his favorite...

ARTEST JOINS BULLS AFTER KNICKS PASS

WASHINGTON - The stage was set for a tearjerker and Ron Artest did indeed shed tears of joy. Time will tell if it is the Knicks who are left crying....

NETS' BIG SURPRISE - NASH THRILLED TO LAND 6-11 ESCHMEYER

He's no Yinka Dare. Thank goodness. When the Nets, who from Day 1 proclaimed their desire for size, projected what would be around at No. 34 in last night's draft,...

KNICKS TAKE BIG GAMBLE - SHOCK DRAFT BY CHOOSING WEIS, 7-2 FRENCH CENTER

Give Ed Tapscott credit. He did it his way last night in a big way with a little advice from NBA legend Jerry West. Tapscott, the Knicks vice president of...

NEW YORKERS STEAL SHOW - BRAND TO BULLS, ODOM TO CLIPS, WALLY TO WOLVES

The Bulls put their official Brand on the the post-Michael Jordan era last night. And it began with Duke forward Elton Brand. In their first step toward reclaiming their six-title...

KOTSAY IT AIN'T SO; BENITEZ GIVES UP HR AS METS BOW IN 10

MIAMI - A defiant yet realistic Armando Benitez sat upright and tall by his locker and summed up the mood of the team. Yes, they lost a tough one last...

EMPIRE STATE STRIKES BACK - 4 NEW YORKERS GO IN FIRST 16; BRAND TO BULLS

The Empire State ruled the NBA Draft last night. Proving again where the best basketball is played, four New Yorkers were drafted in the top 16 selections. The list was...

KNICK THUMBNAILS

FREDERIC WEIS, 22, 7-2, 260 Center: Plays for Limoges in France. Averaged 13.4 points and 7.3 rebounds this season, the first year he has averaged double-figures in points. Underwent back...

REED NEEDS TO GET HIS MECHANICS BACK IN GEAR

MIAMI - For Rick Reed, it was another laborious outing. Reed, who allowed three runs on seven hits over the 52/3 innings, said he was battling mechanical problems all night,...

VAN GUNDY HUDDLES WITH DAVE ON FUTURE

While the Knicks were taking care of their future last night in the draft, taking 7-2 center Frederic Weis in the first round with the 15th pick, Jeff Van Gundy...