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Olympus Corp President Kikukawa speaks during a news conference in Tokyo

Chairman Quits as Japan Investigates Olympus

Olympus Corp announced Wednesday that its chairman and president Tsuyoshi Kikukawa had stepped down over media reports of a widening scandal, as sources said Japan's main securities watchdog was looking into the 92-year-old firm's dubious acquisition deals.
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Police Arrest 85 Occupy Oakland Protesters

Police arrested at least 85 people and cleared a camp used by anti-Wall Street protesters near the Oakland, California, city hall early on Tuesday, a city spokeswoman said.
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Kelly Clarkson performs ''Already Gone'' at the 2009 American Music Awards in Los Angeles, California

Kelly Clarkson as Strong as Ever on New Album

Kelly Clarkson is concerned. She released her new album Stronger this week and thinks it is her best work yet, but whenever something like that happens she worries nobody will like it.
Actress Lindsay Lohan arrives at Airport Courthouse in Los Angeles

Lindsay Lohan plans to pose in Playboy

Troubled actress Lindsay Lohan may have found a way to pay some of her mounting legal bills with a planned agreement to pose nude for Playboy magazine, a source who knew of Lohan's plans said on Tuesday.
Traders work in the crude oil and natural gas options pit on the floor of the New York Mercantile Exchange

U.S. Oil Soars to 12-Week High as Brent Spread Deflates

U.S. oil prices shot to a 12-week high on Tuesday in a second day of frenetic spread trading, with dealers racing to claw back a record discount versus Europe's Brent as they gave in to evidence of tightening supplies.
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J.Crew’s Jenna Lyons’ Messy Divorce

J.Crew's President and Creative Director Jenna Lyons is currently in the midst of a messy divorce from husband Vincent Mazeau, who is an artist. Mazeau wants the couple's Park Slope brownstone, a lump sum of money, and custody of their 5-year-old son.

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