Fort Myers Beach businesses excited for increased season trafficMom faces DUI charge after crash during pick-up at Oasis High School
CAPE CORAL Mom faces DUI charge after crash during pick-up at Oasis High School A crash in the pick-up line at Oasis High School led Cape Coral police to a DUI investigation.
Rethinking daily Asprin intake Many of us have heard the saying, “An aspirin a day keeps the doctor away,” but new research shows that taking aspirin every day might not be as good for you as we once thought.
NAPLES Embezzlement investigation in Naples WINK News is looking into claims of embezzlement in the Naples government.
NORTH FORT MYERS Where did the Shell Factory animals go? With the closure of The Shell Factory in September, people have been wondering where the animals went.
Tim Aten Knows: Publix to demolish, rebuild Naples store Two days after Thanksgiving, the 38-year-old Publix supermarket in Neapolitan Way Plaza will close to begin a Naples redevelopment project that has been planned for years.
Planned retail, lifestyle center seeking tenants at Babcock Ranch A new 112,000-square-foot mixed-use complex designed for retail shops, restaurants, bars, office space and residential units is planned for Babcock Ranch. Called B Street at Babcock Ranch, there are approximately 20 parties negotiating leases, said Jon Cashion, a principal with commercial real estate agency Katz & Associates. A groundbreaking ceremony is slated for early 2025, […]
WASHINGTON (AP) Trump chooses loyalist Pam Bondi for attorney general pick after Matt Gaetz withdraws President-elect Donald Trump said Thursday he will nominate former Florida Attorney General Pam Bondi to lead the Justice Department, turning to a longtime ally after his first choice, Matt Gaetz, withdrew his name from consideration amid scrutiny over sex trafficking allegations.
FORT MYERS 2 Fort Myers men arrested in separate cases involving children Two men from Fort Myers have been arrested; one faces charges related to child pornography and another faces child molestation charges.
ESTERO Phase 2 in the Corkscrew Rd. Widening project begins Phase 1 of Corkscrew Road’s widening has been completed, and phase 2 is now commencing.
Miracle Moment: Reaching a milestone at Golisano Children’s Hospital Kindergarten is an exciting time for children as they take their first big steps into becoming big kids.
2 years since Charlotte County deputy was killed on I-75 It is a somber day for the Charlotte County Sheriff’s Office as one of their own was killed during a traffic stop on Interstate 75 exactly two years ago.
the weather authority Mostly sunny and cool afternoon for your Friday The Weather Authority is tracking a mostly sunny and cool Friday afternoon with breezy conditions throughout the day.
ENGLEWOOD Englewood nonprofit gives hope to residents amid hurricane recovery Many people in Charlotte County were hit hard by storms this hurricane season, but that won’t stop them from giving back to their community.
NAPLES CSN’s Jayvian Tanelus and offensive line erupt in round one Community School of Naples’ offensive line and Jayvian Tanelus put on a show in round one of the playoffs earning them player of the week.
CAPE CORAL Cape Coral family opens home up for the holidays A Cape Coral family has gotten over 1,000 interactions on a Facebook post after opening up their home for the holidays.
CAPE CORAL Mom faces DUI charge after crash during pick-up at Oasis High School A crash in the pick-up line at Oasis High School led Cape Coral police to a DUI investigation.
Rethinking daily Asprin intake Many of us have heard the saying, “An aspirin a day keeps the doctor away,” but new research shows that taking aspirin every day might not be as good for you as we once thought.
NAPLES Embezzlement investigation in Naples WINK News is looking into claims of embezzlement in the Naples government.
NORTH FORT MYERS Where did the Shell Factory animals go? With the closure of The Shell Factory in September, people have been wondering where the animals went.
Tim Aten Knows: Publix to demolish, rebuild Naples store Two days after Thanksgiving, the 38-year-old Publix supermarket in Neapolitan Way Plaza will close to begin a Naples redevelopment project that has been planned for years.
Planned retail, lifestyle center seeking tenants at Babcock Ranch A new 112,000-square-foot mixed-use complex designed for retail shops, restaurants, bars, office space and residential units is planned for Babcock Ranch. Called B Street at Babcock Ranch, there are approximately 20 parties negotiating leases, said Jon Cashion, a principal with commercial real estate agency Katz & Associates. A groundbreaking ceremony is slated for early 2025, […]
WASHINGTON (AP) Trump chooses loyalist Pam Bondi for attorney general pick after Matt Gaetz withdraws President-elect Donald Trump said Thursday he will nominate former Florida Attorney General Pam Bondi to lead the Justice Department, turning to a longtime ally after his first choice, Matt Gaetz, withdrew his name from consideration amid scrutiny over sex trafficking allegations.
FORT MYERS 2 Fort Myers men arrested in separate cases involving children Two men from Fort Myers have been arrested; one faces charges related to child pornography and another faces child molestation charges.
ESTERO Phase 2 in the Corkscrew Rd. Widening project begins Phase 1 of Corkscrew Road’s widening has been completed, and phase 2 is now commencing.
Miracle Moment: Reaching a milestone at Golisano Children’s Hospital Kindergarten is an exciting time for children as they take their first big steps into becoming big kids.
2 years since Charlotte County deputy was killed on I-75 It is a somber day for the Charlotte County Sheriff’s Office as one of their own was killed during a traffic stop on Interstate 75 exactly two years ago.
the weather authority Mostly sunny and cool afternoon for your Friday The Weather Authority is tracking a mostly sunny and cool Friday afternoon with breezy conditions throughout the day.
ENGLEWOOD Englewood nonprofit gives hope to residents amid hurricane recovery Many people in Charlotte County were hit hard by storms this hurricane season, but that won’t stop them from giving back to their community.
NAPLES CSN’s Jayvian Tanelus and offensive line erupt in round one Community School of Naples’ offensive line and Jayvian Tanelus put on a show in round one of the playoffs earning them player of the week.
CAPE CORAL Cape Coral family opens home up for the holidays A Cape Coral family has gotten over 1,000 interactions on a Facebook post after opening up their home for the holidays.
A man reads Aramco’s twitter page at a coffee shop in Jiddah, Saudi Arabia, Sunday, Nov. 3, 2019. Saudi Arabia formally started its long-anticipated initial public offering of its state-run oil giant Saudi Aramco on Sunday, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of dollars for the kingdom. (AP Photo/Amr Nabil) Saudi Arabia is moving forward with an initial public offering of its huge state oil producer that could shatter records and give investors the chance to own a piece of the world’s most profitable company. Following approval from the country’s regulators, Saudi Aramco on Sunday formally announced its intention to float shares on the Tadawul exchange in Riyadh. Aramco executives will now embark on an international roadshow to court investors, and a prospectus outlining the company’s financial details is expected later this month. “(The IPO) will increase our international visibility as the leading company in the world,” CEO Amin Nasser said at a press conference. He declined to comment on the company’s valuation, which executives said would be determined following consultation with potential investors. Aramco has vast oil reserves and massive daily output. It holds a monopoly in Saudi Arabia, the world’s largest exporter of crude oil. The public offering is part of Saudi Crown Prince Mohammed bin Salman’s plan to wean his country off oil and develop other areas of the economy. But getting the massive IPO off the ground has been an arduous process full of false starts. The Saudi government initially discussed floating 5% of the company in 2018 in a deal that would raise as much as $100 billion. It was looking at international markets such as New York or London, as well as Riyadh. But the project was shelved amid concerns about legal complications in the United States, as well as doubts about the $2 trillion valuation sought by bin Salman — only to be revived earlier this year after Aramco pulled off a successful international bond sale. Estimates of how much the flotation will raise vary widely. Bin Salman has reportedly pushed to value Aramco at close to $2 trillion; analysts peg it no higher than $1.5 trillion. Selling even 1% of the company at the bottom of that range would fetch $15 billion, while selling 2% at the top could generate $40 billion, eclipsing the record $25 billion IPO by Alibaba in 2014. Uncertainty will still hang over the IPO process in the coming weeks. Questions remain about the international appetite for Aramco shares, and the company is sensitive to the geopolitical environment. It had to delay the IPO process following attacks on Saudi oil facilities in September. But executives made clear on Sunday that they intend to move forward. “The question could be, ‘Why not now?'” chairman Yasir Al-Rumayyan told reporters at the press conference. “I think this is the right time for us — coming to a juncture where we want to take Aramco to be a public company, to have more disclosure.” The announcement begins a sprint for Aramco’s bankers, pulled from top firms such as Goldman Sachs, Morgan Stanley, Citi, JPMorgan Chase and HSBC. Shares could start trading in early December, according to recent media reports. — Sugam Pokharel contributed reporting.