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August 30, 2011 Afternoon Update |
TOP NEWSExxon Wins Prized Access to Arctic With Russia DealBy ANDREW E. KRAMERExxon Mobil struck an agreement to explore for oil in a Russian sector of the Arctic Ocean that is opening for drilling, in a deal that could grow to $500 billion over time. Firearms Bureau Chief Is Out After Disputed InquiryBy CHARLIE SAVAGEThe Obama administration replaced two top officials associated with an ill-fated investigation into a gun-trafficking ring in Arizona. Libyan Rebels Set Deadline for Qaddafi Forces to SurrenderBy KAREEM FAHIM and RICK GLADSTONEThe rebels have stopped short of an all-out assault on remaining loyalist strongholds, and NATO said the two sides were holding discussions. Floodwaters From Storm Isolate 11 Vermont TownsBy DIRK VAN SUSTEREN and THOMAS KAPLANEmergency workers in Vermont and upstate New York readied for another day of rescue and recovery after torrential rains. A Final Resting Place for Veterans, and a New Battleground Over PrayerBy JAMES DAOWhen the new director of the Houston National Cemetery began enforcing a little-known rule affecting prayer at funerals, local veterans groups decided to take the issue to court. |
U.S.Opinion |
BUSINESSFed Considered Stronger Actions, Record ShowsBy CATHERINE RAMPELLThe Federal Reserve's pledge to keep interest rates low came after a debate over options for monetary stimulus. DealBookLehman Bankruptcy Takes Big Step Toward an EndBy KEVIN ROOSE and MICHAEL J. DE LA MERCEDA bankruptcy court judge allows creditors of the failed Wall Street firm to vote on a $65 billion payout plan. DealBookIn Dot-Com Lawsuit, a Blast From the PastBy PETER LATTMANFrank Quattrone has successfully fended off charges and lawsuits stemming from the first Internet boom. But one decade-old shareholder lawsuit is now going to trial. Italy Sees Borrowing Costs FallBy MATTHEW SALTMARSHThe country's auction of 10-year bonds was the first since the European Central Bank intervened to help push down interest rates. Stocks Show Little Movement After Mixed DataBy CHRISTINE HAUSEREquity indexes were little changed in New York trading after a nearly 8 percent run-up over the last five sessions. |
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