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* Boeing Co. won a contract valued at up to $500 million to supply a test chamber for the planned Airborne Laser aircraft, a modified Boeing 747, the Pentagon said. The so-called test bed will be located at Edwards Air Force Base.

* Lucent Technologies Inc. Chief Executive Patricia Russo plans to eliminate the position of chief operating officer and run the telephone equipment maker’s day-to-day operations herself. Robert Holder, 56, who had held the job since October 2001, will leave around midyear.

* Square Enix Co. said it would release the next three installments of its best-selling “Final Fantasy” games on Nintendo Co.’s GameCube console, ending seven years in which Square released its console games only for Nintendo’s archrival Sony Corp.

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* Hearst Corp. agreed to buy Seventeen magazine and related assets from Primedia Inc. for $182.4 million in cash.

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