Family of eagles: FGCU volleyball star graduates with Master’s DegreeLCSO: Man shot by car owner protecting property
Family of eagles: FGCU volleyball star graduates with Master’s Degree Saturday marked a special day for Florida Gulf Coast University as more than 1,800 students graduated. For one student-athlete, graduating from FGCU runs in the family.
lehigh acres LCSO: Man shot by car owner protecting property The Lee County Sheriff’s Office responded to a shooting in Lehigh Acres early Saturday morning.
NORTH FORT MYERS Lee County residents wait hours for D-SNAP assistance The supplemental nutrition assistance program (SNAP) is at the Lee Civic Center all weekend, ready to help southwest Florida.
SOUTHWEST FLORIDA First eaglet hatches in famous SWFL eagle nest Welcome E24! The third eaglet from the nest of M15 and F23 has hatched according to the Southwest Florida eagle camera.
Rock for Equality: SWFL non-profit hosts benefit concert for Palestine A Southwest Florida non-profit hosted a benefit concert on Friday night to help with humanitarian aid in Palestine.
Warm, breezy Saturday with a few showers possible The Weather Authority is forecasting a breezy, warm weekend in store across Southwest Florida, with the chance of a few showers, particularly on Saturday.
CAPE CORAL Active investigation underway in South Cape Coral Cape Coral police are investigating at a home on Southwest 49th Terrace in South Cape Coral early Saturday morning.
16 transported after 2 airboats crash in Collier County According to the Collier County Sheriff’s Office, two airboats crashed south of U.S. 41 east between mile markers 74 and 75, leaving well over a dozen people injured.
SOUTHWEST FLORIDA New bill filed: Auto shop and law enforcement must work together to solve hit-and-run crashes There could be new detectives on the block, located in your nearest auto shop. A new state bill aims at trying to stop hit-and-run drivers from getting away.
CAPE CORAL New leash on life; Cape Coral shelter dog beats cancer with drug being tested for humans A drug now being studied in human trials to kill cancerous tumors, is already approved and helping animals.
CAPE CORAL City of Cape Coral planning a new interchange with I-75 The city of Cape Coral is in the early stages of planning a new interchange with I-75, an idea that has been discussed for more than a decade.
Tracking invasive species after hurricanes Hurricanes Helene and Milton didn’t just bring wind and rain, they brought new threats to southwest Florida’s ecosystem.
PUNTA GORDA Woman in Punta Gorda shooting charged with 2nd degree murder A woman in a homicide investigation on Nasturtium Drive in Punta Gorda has been charged with 2nd-degree murder.
Lee County mother continuing fight to get children a bus stop The school district already told her she lives too close to the school to qualify for a bus route but she has not given up.
NORTH NAPLES Grant Thornton Invitational returns to Tiburon Golf Club Stars on the PGA and LPGA Tours are back in Southwest Florida for the Grant Thornton Invitational at Tiburon Golf Club.
Family of eagles: FGCU volleyball star graduates with Master’s Degree Saturday marked a special day for Florida Gulf Coast University as more than 1,800 students graduated. For one student-athlete, graduating from FGCU runs in the family.
lehigh acres LCSO: Man shot by car owner protecting property The Lee County Sheriff’s Office responded to a shooting in Lehigh Acres early Saturday morning.
NORTH FORT MYERS Lee County residents wait hours for D-SNAP assistance The supplemental nutrition assistance program (SNAP) is at the Lee Civic Center all weekend, ready to help southwest Florida.
SOUTHWEST FLORIDA First eaglet hatches in famous SWFL eagle nest Welcome E24! The third eaglet from the nest of M15 and F23 has hatched according to the Southwest Florida eagle camera.
Rock for Equality: SWFL non-profit hosts benefit concert for Palestine A Southwest Florida non-profit hosted a benefit concert on Friday night to help with humanitarian aid in Palestine.
Warm, breezy Saturday with a few showers possible The Weather Authority is forecasting a breezy, warm weekend in store across Southwest Florida, with the chance of a few showers, particularly on Saturday.
CAPE CORAL Active investigation underway in South Cape Coral Cape Coral police are investigating at a home on Southwest 49th Terrace in South Cape Coral early Saturday morning.
16 transported after 2 airboats crash in Collier County According to the Collier County Sheriff’s Office, two airboats crashed south of U.S. 41 east between mile markers 74 and 75, leaving well over a dozen people injured.
SOUTHWEST FLORIDA New bill filed: Auto shop and law enforcement must work together to solve hit-and-run crashes There could be new detectives on the block, located in your nearest auto shop. A new state bill aims at trying to stop hit-and-run drivers from getting away.
CAPE CORAL New leash on life; Cape Coral shelter dog beats cancer with drug being tested for humans A drug now being studied in human trials to kill cancerous tumors, is already approved and helping animals.
CAPE CORAL City of Cape Coral planning a new interchange with I-75 The city of Cape Coral is in the early stages of planning a new interchange with I-75, an idea that has been discussed for more than a decade.
Tracking invasive species after hurricanes Hurricanes Helene and Milton didn’t just bring wind and rain, they brought new threats to southwest Florida’s ecosystem.
PUNTA GORDA Woman in Punta Gorda shooting charged with 2nd degree murder A woman in a homicide investigation on Nasturtium Drive in Punta Gorda has been charged with 2nd-degree murder.
Lee County mother continuing fight to get children a bus stop The school district already told her she lives too close to the school to qualify for a bus route but she has not given up.
NORTH NAPLES Grant Thornton Invitational returns to Tiburon Golf Club Stars on the PGA and LPGA Tours are back in Southwest Florida for the Grant Thornton Invitational at Tiburon Golf Club.
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.