| US TOP NEWS | Exclusive: West readies oil plan in case of Iran crisis | January 06, 2012 03:49 PM ET | LONDON (Reuters) - Western powers this week readied a contingency plan to tap a record volume from emergency stockpiles to replace nearly all the Gulf oil that would be lost if Iran blocks the Strait of Hormuz, industry sources and diplomats told Reuters. | Full Article | Obama, staying on attack, highlights consumer watchdog | January 06, 2012 04:03 PM ET | WASHINGTON (Reuters) - President Barack Obama, on the attack against Republicans, visited his new consumer financial protection agency chief on Friday to praise the agency's mission while urging Congress to extend a payroll tax cut through the end of the year. | Full Article | Iran plans more war games in strait as sanctions bite | January 06, 2012 03:42 PM ET | TEHRAN (Reuters) - Iran announced plans on Friday for new military exercises in the world's most important oil shipping lane, the latest in weeks of bellicose gestures towards the West as new sanctions threaten Tehran's oil exports. | Full Article | Woodford to sue Olympus over firing, drops CEO bid | January 06, 2012 10:16 AM ET | TOKYO (Reuters) - The ousted British CEO of disgraced Olympus Corp, who blew the whistle on a $1.7 billion accounting fraud, dropped his bid to return to lead the medical device maker, blaming cozy ties between its management and big Japanese shareholders and saying the saga had taken its toll on his family. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | |
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