In the News: BP Given Deadline

BP given 72 hours to come up with contingency plans as its claims process was criticized by U.S. Coast Guard, which today toughened its oversight. [Today's BP Watch]

Apple bans competing ads from the iPhone.

British Airways may see more strikes this summer.

Chips Ahoy among snack foods permitted into Gaza by Israeli troops.

CVS Caremark will stop reimbursing Walgreen prescriptions in the U.S.

Nigeria seeks to rebrand nation.

Talbot's signs Linda Evangelista, who once "wouldn't wake up" for less than $10K/day.

Tiffany launches engagement ring app.

Visa rolls out first social media campaign in U.K.