Neighbors react to chaos at Barefoot LakeThe story of Ollie’s Pub and what kept it open through years of hardships
BAREFOOT LAKE Neighbors react to chaos at Barefoot Lake Imagine being scared to leave your home on the weekends. Ana and Anrik understand the feeling all too well.
CAPE CORAL The story of Ollie’s Pub and what kept it open through years of hardships Before Ollie’s housed weekly events, packed to the brim with artwork and home to many, it was a simple dream and an empty space.
Most Wanted Wednesday: Southwest Florida’s most wanted suspects for May 1, 2024 Here are some of Southwest Florida’s most wanted suspects for May 1, 2024.
FORT MYERS BEACH Remembering Fort Myers Beach ‘Mayor’ Brad Benson To know Brad Benson was to know a legend. He recently passed away at the age of 71 after battling health issues.
CAPE CORAL Proposed Cape Coral City Council meeting time change fails In a 4 to 4 vote, the motion to move Cape Coral meeting times from 4:30 to 9 a.m. failed.
Greater Dunbar initiative begins A duplex that has been around since the 1960s and is filled with generations of memories is being demolished.
Caught on camera: funnel clouds, hail and more during thunderstorm Wednesday’s thunderstorms storms have produced hail and funnel clouds.
SOUTHWEST FLORIDA New mammography guidelines Breast cancer is much easier to treat when it’s caught early.
CAPE CORAL Cape Coral church picking up the pieces after massive fire Calvary Connection ministries is unrecognizable after a massive fire swept through a Cape Coral Complex on Monday.
CAPE CORAL Day Two of FEMA code compliance hearings in Cape Coral Another 50 people were summoned Wednesday for the second day of code compliance hearings before the special magistrate.
PUNTA GORDA Cracking down on vapes in Charlotte County schools Vaping is taking over, and that’s why three Charlotte County High schools are testing out vape sensors.
State lawmakers want to hear your opinion on voting in Lee County Right now, everyone votes for or against all five of the Lee Commissioners, but they’re talking about changing the system so that each commissioner represents a specific part of the county.
FORT MYERS Migrants entering Florida under controversial parole program The House Committee on Homeland Security has released documents, which show a surge in migrants entering the United States through a parole program, sparking debate over immigration policies and border security.
North Collier firefighter beats cancer, educates others on safety He’s a father, son, friend and mentor, but for the last four years, he’s been in a battle for his life.
CAPE CORAL Man arrested in connection to brother’s death in Cape Coral A man wanted for questioning in the death of his brother at his Cape Coral home has been arrested in Pennsylvania.
BAREFOOT LAKE Neighbors react to chaos at Barefoot Lake Imagine being scared to leave your home on the weekends. Ana and Anrik understand the feeling all too well.
CAPE CORAL The story of Ollie’s Pub and what kept it open through years of hardships Before Ollie’s housed weekly events, packed to the brim with artwork and home to many, it was a simple dream and an empty space.
Most Wanted Wednesday: Southwest Florida’s most wanted suspects for May 1, 2024 Here are some of Southwest Florida’s most wanted suspects for May 1, 2024.
FORT MYERS BEACH Remembering Fort Myers Beach ‘Mayor’ Brad Benson To know Brad Benson was to know a legend. He recently passed away at the age of 71 after battling health issues.
CAPE CORAL Proposed Cape Coral City Council meeting time change fails In a 4 to 4 vote, the motion to move Cape Coral meeting times from 4:30 to 9 a.m. failed.
Greater Dunbar initiative begins A duplex that has been around since the 1960s and is filled with generations of memories is being demolished.
Caught on camera: funnel clouds, hail and more during thunderstorm Wednesday’s thunderstorms storms have produced hail and funnel clouds.
SOUTHWEST FLORIDA New mammography guidelines Breast cancer is much easier to treat when it’s caught early.
CAPE CORAL Cape Coral church picking up the pieces after massive fire Calvary Connection ministries is unrecognizable after a massive fire swept through a Cape Coral Complex on Monday.
CAPE CORAL Day Two of FEMA code compliance hearings in Cape Coral Another 50 people were summoned Wednesday for the second day of code compliance hearings before the special magistrate.
PUNTA GORDA Cracking down on vapes in Charlotte County schools Vaping is taking over, and that’s why three Charlotte County High schools are testing out vape sensors.
State lawmakers want to hear your opinion on voting in Lee County Right now, everyone votes for or against all five of the Lee Commissioners, but they’re talking about changing the system so that each commissioner represents a specific part of the county.
FORT MYERS Migrants entering Florida under controversial parole program The House Committee on Homeland Security has released documents, which show a surge in migrants entering the United States through a parole program, sparking debate over immigration policies and border security.
North Collier firefighter beats cancer, educates others on safety He’s a father, son, friend and mentor, but for the last four years, he’s been in a battle for his life.
CAPE CORAL Man arrested in connection to brother’s death in Cape Coral A man wanted for questioning in the death of his brother at his Cape Coral home has been arrested in Pennsylvania.
FILE – This Thursday, Nov. 19, 2015, file photo, shows the grill of a 2015 Ford F-150 XLT on display in a showroom. (AP Photo/Keith Srakocic, File) Ford Motor Co. said Wednesday it will shed most of its North American car lineup as part of broad plan to save money and make the company more competitive in a fast-changing marketplace. The changes include getting rid of all cars in the region during the next four years except for the Mustang sports car and a compact Focus crossover vehicle, CEO Jim Hackett said as the company released first-quarter earnings. The decision, which Hackett said was due to declining demand and profitability, means Ford will no longer sell the Fusion midsize car, Taurus large car, CMax hybrid compact and Fiesta subcompact in the U.S., Canada and Mexico. Exiting most of the car business comes as the U.S. market continues a dramatic shift toward trucks and SUVs. Ford could also exit or restructure low-performing areas of its business, executives said. The company has found another $11.5 billion in cost cuts and efficiencies, bringing the total to $25.5 billion expected by 2022, Chief Financial Officer Bob Shanks told reporters. Savings will come from engineering, product development, marketing, materials and manufacturing. The company previously predicted $14 billion in cuts by 2022. One-third of Ford’s belt-tightening will come by the end of 2020, Shanks said. “We’re starting to understand what we need to do and making clear decisions there,” Hackett said. Ford also promised to raise its operating profit margin from 5.2 percent to 8 percent by 2020, two years earlier than a previous forecast. That includes a 10 percent pretax margin in North America. The company said its first-quarter net income rose 9 percent due largely to a lower income tax rate. Ford made $1.74 billion from January through March, or 43 cents per share, compared with $1.59 billion, or 40 cents per share a year ago. Revenue rose 7 percent to $41.96 billion. Earnings and revenue beat Wall Street estimates. Analysts polled by FactSet expected 41 cents per share on revenue of $36.78 billion. As usual, North America drove Ford’s profits for the quarter with pretax earnings of $1.9 billion. Pretax automotive earnings fell $443 million to $1.7 billion, mainly due to higher metals costs such as steel and aluminum. Investors reacted favorably to the earnings. Ford stock rose nearly 3 percent in after-hours trading Wednesday to $11.40. Through the close of regular-session trading Wednesday, it has fallen about 11 percent so far this year. The cost savings will come by optimizing digital marketing and discounts on vehicles, as well as putting multiple vehicles on five flexible global architectures in the next few years. The company currently builds vehicles on nine platforms that aren’t as flexible. Shanks said Ford is “unleashing the creativity of the teams to challenge norms, challenge conventions.” Cuts and efficiencies are not done yet, he said. Ford will cut $5 billion from capital spending from 2019 to 2022, reducing it from $34 billion to $29 billion. The company will spend less on low-performing areas such as cars. It identified Lincoln as a low-performing area but Shanks said sales are growing and the brand is not in jeopardy. More capital will be allocated to higher performing areas such as trucks and sport utilities, he said. Lower-performing areas will be targeted for restructuring and some areas could be targeted for “disposition,” Shanks said. Shanks defined disposition as a different business model, efficiency improvements, exiting or downsizing. “Whatever it takes,” he said. Shanks wouldn’t say if employees would be cut but said nothing is off the table. Executives talked about the need to further improve operations in Europe and South America. “We’ll restructure as necessary and we’ll be decisive,” Hackett said.