French industrial giant Alstom will plead guilty and pay a record $772.3 million penalty in a wide-ranging foreign bribery case, the US Justice Department announced Monday. Alstom admitted to bribing officials to win power and transportation projects from state-owned entities around the world, including the Bahamas, Egypt, Indonesia, Saudi Arabia and Taiwan. In total, Alstom paid more than $75 million in bribes to secure $4 billion in projects around the world with a profit of approximately $300 million, US prosecutors said. "Alstom's corruption scheme was sustained over more than a decade and across several continents," said Deputy Attorney General James Cole.
FLAGSTAFF, Ariz. (AP) — The Navajo Nation had bitter debates when it was deciding whether to allow casinos on the reservation and if alcohol should be sold in them. The arguments focused on the revenue and jobs casinos and liquor could bring to a reservation where half the workforce is unemployed and most arrests and pervasive social ills are linked to alcohol abuse.