Van catches fire after crash with trailer in North Fort MyersSecond teen accused in Kayla Rincon-Miller murder case to appear in court
NORTH FORT MYERS Van catches fire after crash with trailer in North Fort Myers Several crews are responding to a crash that involved a work van and a truck pulling a trailer in North Fort Myers this morning.
CAPE CORAL Second teen accused in Kayla Rincon-Miller murder case to appear in court A 16-year-old is facing adult charges for his alleged role in the murder of 15-year-old Kayla Rincon-Miller.
the weather authority Hotter and drier day ahead with isolated storms staying inland The Weather Authority is tracking a hot and dry Tuesday morning with inland isolated storms expected in the afternoon.
Cape Canaveral Streaming Now: Gov. DeSantis holds news conference in Cape Canaveral Florida Gov. Ron DeSantis is set to hold a news conference in Cape Canaveral.
WINK News Lee County School Board to hold a transportation workshop With one month left for the academic year, parents’ concerns have turned to frustration as buses struggle to get kids to and from school.
Readying for hurricane season with Disaster Preparedness Sales Tax Holiday Hurricane season is rapidly approaching as Floridians prep for potential storms with the upcoming Disaster Preparedness Sales Tax Holiday.
NAPLES Increasing amount of homeless seniors in SWFL Saint Matthew House told Wink News that 20% of the people they shelter are over 60 years old.
NAPLES Man suspected of threatening pickelballers with machete A man has been arrested after authorities said he chased a group of pickleball players off a Naples court.
NAPLES Turtle Club in Naples reopens Following a 19-month closure because of Hurricane Ian, the Turtle Club has reopened.
FORT MYERS BEACH Hurricane season preparations at Lee County construction sites Many already know the drill when hurricane season is around the corner.
SANIBEL Bones found on Sanibel concern beachgoers A husband and wife found what appeared to be bones. What type and where they came from is being investigated.
FGCU FGCU president reflects on first year with graduating class Alico Arena was packed this weekend as Florida Gulf Coast University graduated 1,900 students in four ceremonies.
Reverse shoulder replacement offers new approach to pain management Shoulder replacement is the third most common replacement in the US, following hip and knee replacement.
SOUTHWEST FLORIDA Lee County teachers bargain for new raises Kevin Daly is the voice of the Lee County Teachers Union, and he says he knows firsthand the struggle teachers experience across the state.
FORT MYERS New Starbucks off Colonial expected to add to traffic headaches It’s a venti-sized traffic nightmare. That’s how Gina O’Donnell envisions the future of this plaza.
NORTH FORT MYERS Van catches fire after crash with trailer in North Fort Myers Several crews are responding to a crash that involved a work van and a truck pulling a trailer in North Fort Myers this morning.
CAPE CORAL Second teen accused in Kayla Rincon-Miller murder case to appear in court A 16-year-old is facing adult charges for his alleged role in the murder of 15-year-old Kayla Rincon-Miller.
the weather authority Hotter and drier day ahead with isolated storms staying inland The Weather Authority is tracking a hot and dry Tuesday morning with inland isolated storms expected in the afternoon.
Cape Canaveral Streaming Now: Gov. DeSantis holds news conference in Cape Canaveral Florida Gov. Ron DeSantis is set to hold a news conference in Cape Canaveral.
WINK News Lee County School Board to hold a transportation workshop With one month left for the academic year, parents’ concerns have turned to frustration as buses struggle to get kids to and from school.
Readying for hurricane season with Disaster Preparedness Sales Tax Holiday Hurricane season is rapidly approaching as Floridians prep for potential storms with the upcoming Disaster Preparedness Sales Tax Holiday.
NAPLES Increasing amount of homeless seniors in SWFL Saint Matthew House told Wink News that 20% of the people they shelter are over 60 years old.
NAPLES Man suspected of threatening pickelballers with machete A man has been arrested after authorities said he chased a group of pickleball players off a Naples court.
NAPLES Turtle Club in Naples reopens Following a 19-month closure because of Hurricane Ian, the Turtle Club has reopened.
FORT MYERS BEACH Hurricane season preparations at Lee County construction sites Many already know the drill when hurricane season is around the corner.
SANIBEL Bones found on Sanibel concern beachgoers A husband and wife found what appeared to be bones. What type and where they came from is being investigated.
FGCU FGCU president reflects on first year with graduating class Alico Arena was packed this weekend as Florida Gulf Coast University graduated 1,900 students in four ceremonies.
Reverse shoulder replacement offers new approach to pain management Shoulder replacement is the third most common replacement in the US, following hip and knee replacement.
SOUTHWEST FLORIDA Lee County teachers bargain for new raises Kevin Daly is the voice of the Lee County Teachers Union, and he says he knows firsthand the struggle teachers experience across the state.
FORT MYERS New Starbucks off Colonial expected to add to traffic headaches It’s a venti-sized traffic nightmare. That’s how Gina O’Donnell envisions the future of this plaza.
The lawsuit accuses Rex Tillerson, Exxon’s CEO between 2006 and 2017, of knowingly ignoring the alleged fraud. (Credit: CBS News) The largest U.S. fossil fuel company goes on trial Tuesday to defend itself against charges that it lied to investors about the cost of carbon emissions to its business. Exxon, long in environmentalists’ cross-hairs for trying to cast public doubt on climate science, is accused by New York’s attorney general of misleading investors about how climate change will affect its business. “This will only be the second climate-change case ever to go to trial in the United States,” said Michael Gerrard, director of the Sabin Center for Climate Change Law at Columbia Law School. Starting in 2010, Exxon began publicizing the fact that it had assigned a price to carbon internally to model how government regulation might affect its business. However, it used two sets of figures: A high number that it presented to investors and a lower number in internal documents. This had the effect of dressing up the potential returns on investment from Exxon’s oil-intensive investments, such as the company’s exploration in the Alberta, Canada, tar sands, while making investments in clean energy appear less profitable. Exxon maintains that its use of several sets of figures is perfectly legitimate. New York is calling it fraud. “Exxon in effect erected a Potemkin village to create the illusion that it had fully considered the risks of future climate change regulation and had factored those risks into its business operations,” the lawsuit claims. “As a result of Exxon’s fraud, the company was exposed to far greater risk from climate change regulations than investors were led to believe.” If Exxon had used its carbon costs more truthfully, its reported revenues would have been billions of dollars lower, New York prosecutors contend, alleging that the company’s misstatements cost shareholders between $476 million and $1.6 billion. It also accuses Rex Tillerson, Exxon’s CEO between 2006 and 2017, of knowingly ignoring the alleged fraud. “Anyone in the investor and business community will realize that it’s really serious when a company basically may have told its investors something that wasn’t true,” said Pat Tomaino, director of socially responsible investing at Zevin Asset Management. “It’s a big no-no to tell your investors one thing and do another.” Exxon says the lawsuit is without merit, calling it “a product of closed-door lobbying by special interests, political opportunism and the attorney general’s inability to admit that a three-year investigation has uncovered no wrongdoing.” The company is facing a multitude of lawsuits, including from Rhode Island, Massachusetts and the city of Baltimore. The U.S. Securities and Exchange Commission opened a probe into Exxon during Barack Obama’s presidency, but dropped the inquiry two years later after Donald Trump took office. Any fine by New York is likely to be a drop in the bucket of Exxon’s profits, which topped $20 billion last year. But a finding of guilt would send a signal to companies that New York intends hold them accountable for climate change, including their disclosure of the potential risks. A legal defeat could also dim Exxon’s reputation with the public, said John Cook, an assistant professor at the Center for Climate Change Communication at George Mason University. “This kind of court case is very powerful from a communications and storytelling point of view,” he said. “That narrative — what Exxon knew versus what Exxon did — can create a simple narrative that the public can understand.” One group that’s paying attention: short-term investors. Last week, Exxon became the most-shorted stock in the oil and gas sector, with investors betting its stock price will fall, according to research from S3 Partners, a financial analytics and software firm. Among all companies, Exxon is the 20th-most shorted stock.