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The article reports on the failure of Project BioShield, a government initiative to create vaccines and treatments for botulinum toxin, pneumonic plague, ebola and anthrax. The program has failed to entice drug companies to develop such products, scaring away potential manufacturers with slow contract processes and few incentives. Critics say the program takes time and money away from more critical public health issues.

Offers celebrity news briefs for July 3, 2000. Installment of Archbishop Edward Egan in New York; Engagement of tennis player Pete Sampras; Recuperation of Don Imus; Execution of convicted murderer Gary Graham; Death of British film actor David Tomlinson, composer Alan Hovhaness, and actress Nancy Marchand.

Compares the two groups, Mensa and the United States Republican Party, which will hold their annual conventions in Philadelphia, Pennsylvania in summer 2000. Reason they are meeting; Requirements for membership; Members who are celebrities; Topics and activities at the event.

Mentions five Broadway productions that failed. `Macbeth,' starring Kelsey Grammer; `Carrie,' starring Betty Buckley; `Moose Murders,' starring Holland Taylor; `Frankenstein,' with Dianne Wiest; `Breakfast at Tiffany's,' produced by David Merrick.

Focuses on POSCO of South Korea, a steel producer. Success of the company in making steel products; Description of the steel plant; Joint venture between POSCO and USX-U.S. Steel.