New York Newsday's rabble-rousing columnist James (Rat) Revson is still dishing out those steamy stories of gossip after his much-publicized feud with fellow New York Post rival Suzy. This time however, Revson was even a bit too hot for his own paper, which decided to kill his story on the private but "separate" lives of socialite Nan Kempner and husband Thomas from its Thursday editions.

The story finally made it into Newsday yesterday with a statement explaining that "publication was delayed because New York Newsday editors wanted to weigh and discuss some last-minute concerns raised by Ms. Sawyer." Wealthy divorce'e Iris Sawyer was revealed in Revson's story as the discreet companion, or "other woman," in Loeb Partners Corp. CEO Thomas Kempner's life.

Another opinion regarding why the story was recalled came from a Newsday source, who said there were last-minute questions about why Sawyer was talking.

Yesterday, Newsday editor Donald Forst would only say that the story did not run Thursday because Sawyer "had certain concerns ... We took them into proper consideration, but ... there was no reason not to run it."

Bakkers Seeking Air Time

Fallen televangelists Jim and Tammy Bakker said yesterday they are preparing to submit a plan to PTL's bankruptcy trustee that might get them back on the air.

The couple, who returned to South Carolina last week intent on regaining control of the ministry Bakker founded, said they did not yet have the money to buy air time or purchase PTL's assets. But Bakker said he has promises of support from some businesses in Rock Hill and Fort Mill, S.C., near PTL's Heritage USA headquarters. He wouldn't provide names but said, "We are preparing in the next 48 hours a plan to present to Mr. M.C. Benton (PTL's bankruptcy trustee), and that would include air time and quite a bit else."

Newman's Outburst

Actor Paul Newman exploded in anger on the witness stand in Bridgeport, Conn., yesterday at a lawyer who accused him of misusing profits from his charity food enterprises.

The outburst came as Newman testified for the second day in his own defense against a breach of contract lawsuit filed by Westport delicatessen owner Julius Gold, who claims he helped create and market Newman's popular salad dressing and was promised 8 percent of the company's stock for his help. Newman denies Gold's claim and says he gives all of the profits to charities.

Gold's lawyer Richard Albrecht set off the actor when he accused Newman of using the profits from his business to finance young race car drivers and help send company employees on lavish round-the-world trips. After reading the label on Newman's salad dressing bottle, which states that all proceeds go to charity, Newman exploded, saying, "This statement is recognized and agreed to by the Internal Revenue Service ... and they are a tougher taskmaster than Mr. Albrecht ... I'm comfortable with it and if Mr. Albrecht is not comfortable, he can take a jump."

Tiffany's Case Settled

Teen-age pop star Tiffany agreed Thursday to drop her bid for legal independence from her mother under an undisclosed settlement, lawyers said. Neil Goldstein, a lawyer for Tiffany's mother Janie Williams, said "everything" had been settled, including who would be Tiffany's guardian and the dispute over an unsigned contract with her manager George Tobin.

Tiffany's aunt, Julie Abbas, retains guardianship of the girl until a Los Angeles Superior Court judge approves the agreement.

Trump's Birthday Bash

Billionaire Donald Trump's 42nd-birthday party last night was quite the modest affair. The festivities at one of his casino-hotels in Atlantic City, N.J., were to be kicked off with a 15-foot spaceship zooming from the stage to hover amid smoke and flashing lasers above the birthday boy and his wife Ivana. Next to come was to be a magician and then dancers performing to a version of Michael Jackson's "Bad" reworked to honor the real estate mogul. And of course, there was to be a telegram from President Reagan, and video birthday cards from Liza Minnelli, Billy Crystal, Dennis Miller and Joe Piscopo.