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Obama to Offer $470M to States for Roads, Bridges

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    FBN’s Robert Gray with an afternoon market update, and news that President Obama plans to offer states $470 million for roads and bridges projects.

  • Duration 0:55
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I'm Robert -- -- your Fox Business brief the Obama administration is offering up nearly half a billion dollars to states for transportation projects.

But -- effort to create jobs.

States will be eligible for the money if they use it to create jobs and improve transportation.

They Wal-Mart shareholder is suing the company to gain access to internal documents related to bribery charges -- its Mexican subsidiary.

The lawsuit from an Indiana pension fund is the latest challenge to Wal-Mart following -- New York Times report.

That allegedly found evidence that companies Mexican unit paid bribes to obtain store permits.

And American financial chief executive Russell Watson -- -- senior has pleaded not guilty to lying to regulators regarding -- failed brokerages operations.

Plus your faces up to 155.

Years in prison -- That is the latest from the Fox Business Network giving you -- powered up.