We present the first observation of exclusive $e^+e^-$ production in hadron-hadron collisions, using $p\bar{p}$ collision data at \mbox{$\sqrt{s}=1.96$ TeV} taken by the Run II Collider Detector at Fermilab, and corresponding to an integrated luminosity of \mbox{532 pb$^{-1}$}. We require the absence of any particle signatures in the detector except for an electron and a positron candidate, each with transverse energy {$E_T>5$ GeV} and pseudorapidity {$|\eta|<2$}. With these criteria, 16 events are observed compared to a background expectation of {$1.9\pm0.3$} events. These events are consistent in cross section and properties with the QED process \mbox{$p\bar{p} \to p + e^+e^- + \bar{p}$} through two-photon exchange. The measured cross section is \mbox{$1.6^{+0.5}_{-0.3}\mathrm{(stat)}\pm0.3\mathrm{(syst)}$ pb}. This agrees with the theoretical prediction of {$1.71 \pm 0.01$ pb}.
First measurements of the W -> lnu and Z/gamma* -> ll (l = e, mu) production cross sections in proton-proton collisions at sqrt(s) = 7 TeV are presented using data recorded by the ATLAS experiment at the LHC. The results are based on 2250 W -> lnu and 179 Z/gamma* -> ll candidate events selected from a data set corresponding to an integrated luminosity of approximately 320 nb-1. The measured total W and Z/gamma*-boson production cross sections times the respective leptonic branching ratios for the combined electron and muon channels are $\stotW$ * BR(W -> lnu) = 9.96 +- 0.23(stat) +- 0.50(syst) +- 1.10(lumi) nb and $\stotZg$ * BR(Z/gamma* -> ll) = 0.82 +- 0.06(stat) +- 0.05(syst) +- 0.09(lumi) nb (within the invariant mass window 66 < m_ll < 116 GeV). The W/Z cross-section ratio is measured to be 11.7 +- 0.9(stat) +- 0.4(syst). In addition, measurements of the W+ and W- production cross sections and of the lepton charge asymmetry are reported. Theoretical predictions based on NNLO QCD calculations are found to agree with the measurements.