Florida sheriff breaks up alleged massive gang check fraud conspiracy

A massive check fraud conspiracy resulted in the arrests of three gang members following a yearslong investigation, authorities announced on Tuesday. The alleged crimes victimized 200 people and businesses in Polk County, according to a press release from the U.S. Department of Justice.  Back in June 2022, Polk County Sheriff’s office deputies responded to a … Read more

Software firm Odoo hits $5.3 billion valuation in secondary share sale

Fabien Pinckaers, CEO of Belgian-based enterprise software startup Odoo. Odoo Odoo, a startup taking on SAP in the realm of enterprise software, boosted its valuation to 5 billion euros ($5.3 billion) in a secondary share round led by Alphabet‘s venture fund and Sequoia Capital. The Belgium-based company develops open-source enterprise resource planning software, with over … Read more

IAEA chief welcomes Iran's 'concrete step' on capping enriched uranium stockpile

Iran has taken steps to halt the expansion of its stockpile of highly enriched uranium,  International Atomic Energy Agency (IAEA) chief Rafael Grossi said, welcoming this “concrete step in the right direction” on Wednesday. Grossi’s comments came after Western powers submitted a resolution censuring Iran for its poor cooperation with the IAEA.  

Putin just approved a new nuclear weapons doctrine for Russia. Here’s what it means.

Russian President Vladimir Putin approved changes to his country’s nuclear doctrine this week, formally amending the conditions — and lowering the threshold — under which Russia would consider using its nuclear weapons. Moscow announced Tuesday that Putin had signed off on the changes to the doctrine, formally known as “The basics of state policy in … Read more

After 97 UN aid trucks in Gaza are ‘violently looted’ by armed men, food prices soar

Food prices are soaring in the Gaza Strip after armed men attacked and robbed nearly 100 U.N. aid trucks that crossed over from Israel.  Of the 109 trucks that entered central Gaza on Saturday, 97 were “violently looted” and “forced at gunpoint to unload aid,” according to the United Nations Relief and Works Agency for … Read more

Delta forecasts sales growth in 2025 thanks to ‘resilient economy’

A Delta aircraft at the airline’s hangar in Atlanta Leslie Josephs/CNBC Delta Air Lines on Wednesday said sales would grow in 2025, citing a “resilient economy” for strong travel demand and credit card spending, especially for higher-end offerings. It also said it expects to grow earnings in the coming years. Delta forecast revenue growth in … Read more