SWFL High School Football Scoreboard Week 12 The regular season finale of high school football in SWFL brings district champions crowned and playoff spots fortified. .
Trash pile on San Carlos Island continues to grow Residents of San Carlos Island have grown tired as garbage and debris from hurricanes Debby, Helene and Milton piles up.
Law enforcement presence at Alfie Oakes’ North Naples home and Immokalee packing house Several federal and state law enforcement agencies were at Alfie Oakes’ home and packing house for an investigation that remains undisclosed.
MATLACHA Matlacha restaurant Miceli’s reopens after six weeks Popular Matlacha restaurant Miceli’s has reopened just six weeks after enduring damage from back-to-back storms.
NORTH FORT MYERS Caught on Camera: Accused Dollar General thief arrested A man accused of robbing a Dollar General store is behind bars.
FORT MYERS Fort Myers Ward 4 candidate seeks vote recount In the race for Fort Myers city council, Cindy Banyai lost the Ward 4 race to incumbent Liston Bochette by just 77 votes or 1.58% of the vote.
FORT MYERS Lee County considers adding second fixed-base operator to RSW The Lee County Port Authority is officially moving forward with negotiations for a new fixed-base operator at Southwest Florida International Airport (RSW).
CAPE CORAL Cape Coral roofing business owes $2M to IRS after guilty plea The owner of a Cape Coral roofing business owes the Internal Revenue Service over $2 million after pleading guilty to fraud charges.
FDA approves new shoulder implant From high school seniors to senior citizens, more than 100,000 people will need a shoulder replacement each year.
Private Sky sues future competitor at RSW Private Sky Aviation Services will be getting future competition from a company with trillions of dollars in assets.
Taberna Burntwood opens rebranded tavern at Mercato in North Naples The Mercato restaurant’s difference in decor is clearly striking. Taberna is less rustic and more modern.
IONA Iona home catches fire, at least 2 vehicles also ruined A person lost their home and at least two vehicles after a fire engulfed their property.
FORT MYERS LeeTran scheduled to resume trolley system this month LeeTran brings back the popular seasonal River District trolleys and Fort Myers Beach tram later this month.
MBA Transportation no longer sole transporter at RSW After serving Southwest Florida locals and travelers for nearly 20 years, MBA Transportation is being forced to leave its booth at Southwest Florida International Airport.
WINK NEWS Veterans Day events across Southwest Florida Veterans Day is a time to honor and celebrate the sacrifices and bravery of those who have served in the military.
SWFL High School Football Scoreboard Week 12 The regular season finale of high school football in SWFL brings district champions crowned and playoff spots fortified. .
Trash pile on San Carlos Island continues to grow Residents of San Carlos Island have grown tired as garbage and debris from hurricanes Debby, Helene and Milton piles up.
Law enforcement presence at Alfie Oakes’ North Naples home and Immokalee packing house Several federal and state law enforcement agencies were at Alfie Oakes’ home and packing house for an investigation that remains undisclosed.
MATLACHA Matlacha restaurant Miceli’s reopens after six weeks Popular Matlacha restaurant Miceli’s has reopened just six weeks after enduring damage from back-to-back storms.
NORTH FORT MYERS Caught on Camera: Accused Dollar General thief arrested A man accused of robbing a Dollar General store is behind bars.
FORT MYERS Fort Myers Ward 4 candidate seeks vote recount In the race for Fort Myers city council, Cindy Banyai lost the Ward 4 race to incumbent Liston Bochette by just 77 votes or 1.58% of the vote.
FORT MYERS Lee County considers adding second fixed-base operator to RSW The Lee County Port Authority is officially moving forward with negotiations for a new fixed-base operator at Southwest Florida International Airport (RSW).
CAPE CORAL Cape Coral roofing business owes $2M to IRS after guilty plea The owner of a Cape Coral roofing business owes the Internal Revenue Service over $2 million after pleading guilty to fraud charges.
FDA approves new shoulder implant From high school seniors to senior citizens, more than 100,000 people will need a shoulder replacement each year.
Private Sky sues future competitor at RSW Private Sky Aviation Services will be getting future competition from a company with trillions of dollars in assets.
Taberna Burntwood opens rebranded tavern at Mercato in North Naples The Mercato restaurant’s difference in decor is clearly striking. Taberna is less rustic and more modern.
IONA Iona home catches fire, at least 2 vehicles also ruined A person lost their home and at least two vehicles after a fire engulfed their property.
FORT MYERS LeeTran scheduled to resume trolley system this month LeeTran brings back the popular seasonal River District trolleys and Fort Myers Beach tram later this month.
MBA Transportation no longer sole transporter at RSW After serving Southwest Florida locals and travelers for nearly 20 years, MBA Transportation is being forced to leave its booth at Southwest Florida International Airport.
WINK NEWS Veterans Day events across Southwest Florida Veterans Day is a time to honor and celebrate the sacrifices and bravery of those who have served in the military.
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.