No, you cannot charge the battery in the camera via the USB port. You need to use the LI-40C or LI-41C charger or equivalent.
One source for a replacement charger (along with a battery and a camera case) is
http://www.overstock.com/Electronics/rooCASE-Olympus-Black-Nylon-Case-and-LI40B-42B-Battery-Kit/5285636/product.html
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