Fort Myers debates fluoride in water as city council vote looms TuesdayGator stuck on Estero porch gives homeowner a wild surprise Sunday night
FORT MYERS Fort Myers debates fluoride in water as city council vote looms Tuesday The debate over fluoride in drinking water has been reignited following an announcement by the Florida surgeon general urging cities to halt fluoride treatment.
ESTERO Gator stuck on Estero porch gives homeowner a wild surprise Sunday night Imagine glancing out your back door and seeing a gator sliding around on your deck. That’s exactly what happened to an Estero homeowner who found an unexpected visitor on their property.
NORTH FORT MYERS North Fort Myers crash leaves motorcyclist with life-threatening injuries A motorcyclist is in critical condition following a collision with a sedan at the intersection of North East Pine Island Road and Judd Creek Boulevard in North Fort Myers.
FORT MYERS BEACH Hurricane Ian recovery delays impact tourism and local businesses Fort Myers Beach is still grappling with the aftermath of Hurricane Ian, which struck over two years ago.
FORT MYERS Alliance for the Arts hosting Jazz on the Green, celebrating historic music genre Catch Grammy winners and jazz virtuosos at the Jazz on the Green event hosted by the Alliance for the Arts in Fort Myers.
FORT MYERS Twins host fans for open house and first full squad workout The Minnesota Twins held their first full squad workout of Spring Training as well as hosted fans for an open house.
Shingle roofs could phase out in the future Florida Insurance Commissioner Michael Yaworsky recently made comments at the Florida Chamber Insurance Summit about the potential phasing out of shingle roofs in the state.
SANIBEL Sanibel islanders rally to restore beloved fishing pier after Ian damage The Sanibel Fishing Pier, a beloved spot for many, has been in disrepair since Hurricane Ian struck more than two years ago. Now, dedicated fishers are pushing to restore it using private funding.
PUNTA GORDA Gunfire erupts on US 41 bridge in Punta Gorda; bikers arrested A road rage incident escalated into gunfire on the U.S. 41 bridge connecting Punta Gorda and Port Charlotte, causing fear among drivers.
BONITA SPRINGS Will San Carlos Estates merge with Bonita Springs? Residents of San Carlos Estates in Bonita Springs are fighting to maintain their neighborhood’s independence.
PUNTA GORDA New flight routes at Punta Gorda Airport The Punta Gorda Airport is expanding its offerings, adding new flight options for travelers.
LEE COUNTY Bregman’s arrival and Devers’ denial highlight Red Sox first full squad The addition of Alex Bregman and Rafael Devers’ refusal to change positions highlighted the first full squad workout for the Red Sox.
NORTH FORT MYERS March to a Million Meals: Teaming up to help feed families Feeding a quarter of a million people each month requires a lot of money and help.
Charlotte County residents voice concerns over Burnt Store Road upgrades An emergency meeting was held to address concerns from residents about the development along Burnt Store Road in Charlotte County.
PORT CHARLOTTE Local nonprofit gives back to veterans for their service A military wife has found a heartfelt way to honor veterans and first responders.
FORT MYERS Fort Myers debates fluoride in water as city council vote looms Tuesday The debate over fluoride in drinking water has been reignited following an announcement by the Florida surgeon general urging cities to halt fluoride treatment.
ESTERO Gator stuck on Estero porch gives homeowner a wild surprise Sunday night Imagine glancing out your back door and seeing a gator sliding around on your deck. That’s exactly what happened to an Estero homeowner who found an unexpected visitor on their property.
NORTH FORT MYERS North Fort Myers crash leaves motorcyclist with life-threatening injuries A motorcyclist is in critical condition following a collision with a sedan at the intersection of North East Pine Island Road and Judd Creek Boulevard in North Fort Myers.
FORT MYERS BEACH Hurricane Ian recovery delays impact tourism and local businesses Fort Myers Beach is still grappling with the aftermath of Hurricane Ian, which struck over two years ago.
FORT MYERS Alliance for the Arts hosting Jazz on the Green, celebrating historic music genre Catch Grammy winners and jazz virtuosos at the Jazz on the Green event hosted by the Alliance for the Arts in Fort Myers.
FORT MYERS Twins host fans for open house and first full squad workout The Minnesota Twins held their first full squad workout of Spring Training as well as hosted fans for an open house.
Shingle roofs could phase out in the future Florida Insurance Commissioner Michael Yaworsky recently made comments at the Florida Chamber Insurance Summit about the potential phasing out of shingle roofs in the state.
SANIBEL Sanibel islanders rally to restore beloved fishing pier after Ian damage The Sanibel Fishing Pier, a beloved spot for many, has been in disrepair since Hurricane Ian struck more than two years ago. Now, dedicated fishers are pushing to restore it using private funding.
PUNTA GORDA Gunfire erupts on US 41 bridge in Punta Gorda; bikers arrested A road rage incident escalated into gunfire on the U.S. 41 bridge connecting Punta Gorda and Port Charlotte, causing fear among drivers.
BONITA SPRINGS Will San Carlos Estates merge with Bonita Springs? Residents of San Carlos Estates in Bonita Springs are fighting to maintain their neighborhood’s independence.
PUNTA GORDA New flight routes at Punta Gorda Airport The Punta Gorda Airport is expanding its offerings, adding new flight options for travelers.
LEE COUNTY Bregman’s arrival and Devers’ denial highlight Red Sox first full squad The addition of Alex Bregman and Rafael Devers’ refusal to change positions highlighted the first full squad workout for the Red Sox.
NORTH FORT MYERS March to a Million Meals: Teaming up to help feed families Feeding a quarter of a million people each month requires a lot of money and help.
Charlotte County residents voice concerns over Burnt Store Road upgrades An emergency meeting was held to address concerns from residents about the development along Burnt Store Road in Charlotte County.
PORT CHARLOTTE Local nonprofit gives back to veterans for their service A military wife has found a heartfelt way to honor veterans and first responders.
Traders pause for a moment of silence on the floor of the New York Stock Exchange, for the victims of the weekend shootings, Monday, Aug. 5, 2019. (AP Photo/Richard Drew) Stocks are plunging on Wall Street Monday on worries about how much President Donald Trump’s escalating trade war with China will damage the economy. Major U.S. indexes are headed for their biggest drops since early last year. China let its currency, the yuan, drop to its lowest level against the dollar in more than a decade, a move that Trump railed against as “currency manipulation.” It followed his own tweets last week that threatened tariffs on about $300 billion of Chinese goods, which would extend tariffs across almost all Chinese imports. The escalations in the trade war between the world’s largest economies are rattling investors already unnerved about a slowing global economy, falling U.S. corporate profits and possibly too-weak inflation. “The Great China Trade Deal evaporated before our eyes last week and investors should stop hoping it back into existence,” Christopher Smart, head of the Barings Investments Institute, wrote in a report. Losses were steep and worldwide as the sell-off that began Monday in Asia swept westward through Europe to the Americas. Investors in search of safety herded into U.S. government bonds, which sent yields plunging lower. The yield on the 10-year Treasury note, which rises with expectations of stronger economic growth and inflation, fell to its lowest level since Trump’s 2016 election energized markets, down to 1.73% from 1.85% late Friday. The yield on the 2-year note sank to 1.58% from 1.71% a day earlier. Both are unusually large moves. The Dow Jones Industrial Average sank 861 points, or 3.2%, to 25,620 as of 2 p.m. Eastern time. If it closes there it would be the biggest drop since February 2018. The S&P 500 lost 3.4% and the Nasdaq composite dropped 4%. Of course, the U.S. economy is still growing, the unemployment rate remains close to its healthiest level in nearly half a century and U.S. stock indexes set record highs just over a week ago. But the escalating trade tensions and disappointment that the Federal Reserve has not committed to a lengthy series of interest-rate cuts have sent the S&P 500 on a losing streak set to hit its sixth day, which would be its longest since October. The S&P 500 is 5.8% below its record. “A recession is still unlikely, but the probability of it is higher, still at less than 20%,” said Nate Thooft, head of global asset allocation at Manulife Investment Management. The biggest threat coming out of the past week, he said, is that all the uncertainty about trade will scare CEOs and shoppers away from spending. That would threaten the expected ramp up in growth that economists have been expecting to see later this year. A weaker yuan gives Chinese manufacturers a boost by making their products cheaper on worldwide markets for buyers using dollars or other currencies. That hurts U.S. manufacturers, which have already been hit by the slowing global economy. It also adds more downward pressure on inflation, which some economists worry may be edging toward too weak. In the worst case, falling prices encourage people and companies to hold off on buying things, which starts a vicious cycle of less and less economic activity. The U.S. has long complained about the weakness of China’s currency, and Monday’s drop brought the yuan past a level that traders saw as an important psychological benchmark, at seven per $1. Analysts were mixed, though, on whether the move was a result of China weaponizing the yuan or merely a reflection of its own slowing economy and the painful effects of tariffs. The latest round of tariffs threatened by Trump would much more directly hit U.S. consumers buying clothes and electronics made in China. Earlier tariffs more heavily affected businesses, which have already pulled back on their investment given all the uncertainties about trade and the global economy. Technology stocks bore the brunt of Monday’s selling, and Apple slid 5%. It not only depends on Chinese factories to assemble its iPhones, but China is also the only country aside from the United States that accounts for more than 10% of its sales. Chip stocks were also among the hardest hit in the S&P 500, and Nvidia sank 6.9%. Monday’s plunge in bond yields dragged on banks by making lending less profitable. Bank of America fell 5.2%, Citigroup lost 3.2% and JPMorgan Chase dropped 3.3%. Companies are in the final stretch of the latest round of quarterly earnings reports, and results haven’t been as bad as initially feared, though still down from year-ago levels. Profit for companies in the S&P 500 is now expected to contract by roughly 1%. That’s better than the nearly 3% drop earlier expected. More than three quarters of the S&P 500 have reported financial results. Meat producer Tyson Foods jumped 6.5% for the biggest gain in the S&P 500 after it reported profits that were better than Wall Street expected. It was one of only 15 stocks in the S&P 500 able to eke out a gain. Gold rose as investors sought safer ground. It added $19.80, or 1.4%, to $1,477.30 per ounce. Crude oil fell as a weaker global economy would mean less demand for energy. Benchmark U.S. crude lost 82 cents to $54.84 per barrel. Brent crude, the international standard, fell $1.98, or 3.2%, to $59.91. In Asia, where tensions between Seoul and Tokyo are worsening in a trade dispute entirely separate from Washington’s and Beijing’s, Japan’s Nikkei 225 index fell 1.7%, and South Korea’s Kospi lost 2.6%. The Hang Seng in Hong Kong dropped 2.9%. In Europe, France’s CAC 40 fell 2.2%, and the German DAX lost 1.8%. The FTSE 100 in London dropped 2.5%.