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Exxon-Russia oil deal

Exxon Mobil Signs Arctic Drilling Deal With Russia

Exxon Mobil can look for oil in Russian territory in the Arctic Ocean under an agreement made Tuesday with Rosneft, the Russian state oil company. The deal is huge for Exxon Mobil, which beat BP for access to a region in which oil drilling is largely prohibited.

Airlifts and water rescues in wake of Hurricane Irene

Hurricane Irene Wayne
National Guard and firefighters rescued hundreds people from record flooding in New Jersey on Tuesday and Vermont planned to airlift food and water to inland towns cut off by Hurricane Irene after its paralyzing rampage through the U.S. northeast.
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Russia Exxon Oil

Exxon Signs Russian Oil Deal for Arctic Sea

In a deal announced Tuesday, Exxon will partner with OAO Rosneft, Russia’s state-owned oil producer, replacing British Petroleum in exchange for unspecified assets. Exxon and Rosneft will spend $3.2 billion in the initial explorations of the Arctic and Black Sea, the companies stated.
A customer stands at an ATM machine at a Bank of America office in Burbank, California

BofA Sued Over $1.75 Billion Mortgage Trust

Bank of America Corp. was sued by the trustee of a $1.75 billion mortgage pool, which seeks to force the largest bank to buy back all of the loans in the trust because of alleged misrepresentations.
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9/11 Guidelines Issued to Federal Agencies

The White House quietly issued instructions to American embassies and government agencies outlining what themes to emphasize when commemorating the 10 year anniversary of 9/11.
Federer of Switzerland celebrates defeating Giraldo of Colombia during the U.S. Open tennis tournament in New York

Federer Closes First Day at Open with Quick Win

Roger Federer showed that time was still on his side as the Swiss master rang the closing bell on Monday's opening day at the U.S. Open tennis championship with a quick victory at Arthur Ashe Stadium.

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