Walmart faces bribery charges and fines
Walmart says it's conducting a full investigation into bribery charges. It comes after the New York Times reported the retailer paid more than $24 million in construction-related bribes to expand quicker in Mexico.
The accusations in the story date back to an executive's e-mail from 2005. The Department of Justice and Securities and Exchange Commission are also investigating. Walmart could face big government fines.
A company spokesman released this statement on the investigation: "If these allegations are true, it is not a reflection of who we are or what we stand for. We are deeply concerned by these allegations and are working aggressively to determine what happened."
- Collapse feared at site of massive Mission Bay fire 40 min ago
- Navy's new warship will travel to SF for Fleet Week
- Parents warned about new psychedelic drug
- Report: Chinese site may show plane debris images
- Parents rally after assaults at elementary schools
- Santa Cruz police arrest suspect in sexual assault
- Recall issued for Fitbit Force over skin problems
- Man accused of shooting SF police officer facing assault charges
- Strong winds destroy boats at Oyster Point
- No fault in how Children's Hospital handled gir's surgeries 10 min ago
- Family's plea helps get dying boy experimental drug
- Florida police give 'ticket' to 2-year-old driver
- roundup: Fatal motorcycle accident; Watsonville...
- weather: Bay Area weather forecast for Thursday
Most Viewed StoriesMost Viewed Photos