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The Two-Way
3:39 pm
Wed February 22, 2012

12.76-Carat Pink Diamond Unearthed In Australia Could Be Worth Millions

Credit Rio Tinto / AFP/Getty Images
An undated handout photo released by mining giant Rio Tinto on Feb. 22 shows a 12.76 carat pink diamond — the largest of the rare and precious stones ever found in Australia.

Take a look at this rock:

That's a 12.76-carat pink diamond that was found at Rio Tinto's Argyle diamond mine in Western Australia. The mine said it is the biggest of its kind found in the country, which is a big deal because that mine produces 90 percent of the global market diamond supply.

The Telegraph reports:

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The Salt
3:38 pm
Wed February 22, 2012

A Puff Of Controversy Over Inhalable Caffeine

Credit Charles Krupa / AP
A woman holds an AeroShot inhalable caffeine device in Boston.

Since we introduced you to AeroShot, a product the delivers a blast of caffeine through an inhaler, a few months back, it seems a lot of folks — mostly around college campuses in New York and Boston — have tried the quick pick-me-up.

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All Tech Considered
3:21 pm
Wed February 22, 2012

Troubled Sony Pins Hopes On PlayStation Vita

Sony launched the PlayStation Vita, its first hand-held gaming device in seven years, Wednesday. Vita, of course, is the Latin word for "life." And after suffering a series of tough blows — from the Japanese earthquake and tsunami to a relentlessly strong yen and a significant hacking attack — a bit of new life is just what the struggling company needs.

The Vita went on sale at a Best Buy in Los Angeles Wednesday morning. Despite the company's $50 million marketing campaign, only about a dozen gamers were on hand.

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Law
3:19 pm
Wed February 22, 2012

Supreme Court Considers Case On Military Honors

The Supreme Court engaged in a lively debate Wednesday when it heard oral arguments in a case testing whether the 2006 Stolen Valor Act is constitutional. The law makes it a crime to lie about military honors.

Shots - Health Blog
2:59 pm
Wed February 22, 2012

High Court Punts On California Medicaid Ruling

Credit Keith J. R. Binns / iStockphoto.com
A key legal case challenging cuts in Medicaid pay for doctors, hospitals and pharmacists is heading back to California.

The Supreme Court has officially declined to decide one of its bigger cases of the term: whether or not doctors, hospitals and other health care providers can sue a state to challenge cuts in the Medicaid health program for the poor.

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