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Facebook overvalued at $50 bln in Bloomberg’s global poll

Facebook overvalued at $50 bln: Bloomberg's global poll

Sixty-nine per cent of investors say Facebook is overvalued after Goldman Sachs invested $450 million in a deal that valued the company at $50 billion, according to the quarterly poll of 1,000 Bloomberg customers who are investors, traders or analysts.

NASA Mission Discovers New Asteroids, Comets

This collage shows those 20 new comets all together in a kind of family portrait
NASA said its Near-Earth Object WISE mission has discovered 20 comets and more than 33,000 asteroids in the main belt between Mars and Jupiter, in addition to 134 near-Earth objects (NEOs).
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The headquarters of the U.S. Food and Drug Administration (FDA) is seen in Silver Spring, Maryland

FDA rejects Orexigen's weight-loss drug

The U.S. Food and Drug Administration (FDA) has rejected Orexigen Therapeutics Inc.'s weight-loss drug Contrave on concerns over heart safety issues. Following the announcement, shares of the California-based company plunged nearly 72 percent in Tuesday's pre-market trade to $2.52.
 GE to host electric vehicle tour in US

Hawaii region gets its first Nissan Leaf

After a San Francisco Bay Area South Carolina, Seattle and Tennessee resident received the deliveries of all electric Leaf, Nissan Motors on Tuesday carried out its first Leaf delivery in the Hawaii region.
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Taco Bell insists it uses real beef

Taco Bell is introducing an advertising campaign to defend itself against accusations of a lawsuit which alleges that the fast-food chain doesn’t fill its tacos with real beef.

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