2 Fort Myers men arrested in separate cases involving childrenPhase 2 in the Corkscrew Rd. Widening project begins
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 make 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 ahead 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.
SANIBEL Sanibel police trained and certified to catch alligators by FWC Pinning an apex predator down with little more than bare hands and tape: That’s what the Sanibel Police Department went through during alligator-catching certification training.
Southwest Florida welcomes first proton beam therapy center This is a big week in cancer care for patients in Southwest Florida and beyond.
PUNTA GORDA Whats next after Punta Gorda city manager’s resignation? Punta Gorda city manager Greg Murray said he resigned Monday but told the council on Wednesday. Now, Melissa Reichert is the interim city manager.
FORT MYERS BEACH 34th annual American Sand Sculpting Championship begins on Fort Myers Beach After a years long wait, the American Sand Sculpting Competition on Fort Myers Beach returned on Thursday.
CAPE CORAL City council members talk about decision to repeal stipend ordinance A vote of 5 to 3 ends the saga over the Cape Coral City Council stipend and new members of the city council are sending a message they’re doing things differently.
FORT MYERS Fort Myers food pantry provides Thanksgiving meals to neighbors Dozens of people stopped by Sunshine Health’s food pantry one week before Thanksgiving. Sunshine Health is delivering hope.
FORT MYERS BEACH Fort Myers Beach loses FEMA insurance discount The National Flood Insurance Program (NFIP) has placed Fort Myers Beach (FMB) on probation.
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 make 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 ahead 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.
SANIBEL Sanibel police trained and certified to catch alligators by FWC Pinning an apex predator down with little more than bare hands and tape: That’s what the Sanibel Police Department went through during alligator-catching certification training.
Southwest Florida welcomes first proton beam therapy center This is a big week in cancer care for patients in Southwest Florida and beyond.
PUNTA GORDA Whats next after Punta Gorda city manager’s resignation? Punta Gorda city manager Greg Murray said he resigned Monday but told the council on Wednesday. Now, Melissa Reichert is the interim city manager.
FORT MYERS BEACH 34th annual American Sand Sculpting Championship begins on Fort Myers Beach After a years long wait, the American Sand Sculpting Competition on Fort Myers Beach returned on Thursday.
CAPE CORAL City council members talk about decision to repeal stipend ordinance A vote of 5 to 3 ends the saga over the Cape Coral City Council stipend and new members of the city council are sending a message they’re doing things differently.
FORT MYERS Fort Myers food pantry provides Thanksgiving meals to neighbors Dozens of people stopped by Sunshine Health’s food pantry one week before Thanksgiving. Sunshine Health is delivering hope.
FORT MYERS BEACH Fort Myers Beach loses FEMA insurance discount The National Flood Insurance Program (NFIP) has placed Fort Myers Beach (FMB) on probation.
Saudi Arabia believes its giant state oil monopoly is worth as much as $1.7 trillion. In a statement, Saudi Aramco said it was aiming to sell about 1.5% of its 200 billion shares in a partial privatization for between 30 riyals ($8) and 32 riyals ($8.53) each. (Credit: Fayez Nureldine/Getty Images) Saudi Arabia believes its giant state oil monopoly is worth as much as $1.7 trillion. In a statement Sunday, Saudi Aramco said it was aiming to sell about 1.5% of its 200 billion shares in a partial privatization for between 30 riyals ($8) and 32 riyals ($8.53) each. That means Aramco, the most profitable company in the world, could be worth between 6 trillion riyals ($1.6 trillion) and 6.4 trillion riyals ($1.7 trillion) — making it also by far the world’s most valuable company ahead of Apple. That won’t be the only record to fall if Aramco achieves the higher price: at that level, the share sale would raise just over $25 billion, making it slightly bigger than Alibaba’s 2014 debut on the New York Stock Exchange, so far the world’s biggest IPO. Saudi Arabia is selling shares in Aramco for the first time as part of an economic diversification plan aimed at weaning the kingdom off oil. Aramco has vast oil reserves and massive daily output. It holds a monopoly in Saudi Arabia, the world’s largest exporter of crude. It made $111 billion in profit in 2018, and has promised to pay an annual dividend of $75 billion through 2024. Crown Prince Mohammed bin Salman had reportedly sought a valuation for Aramco near $2 trillion. But low oil prices, the climate crisis and geopolitical risk have raised skepticism among international investors. Up to 0.5% of the company will be sold to individuals, with the remainder offered to institutional investors. Aramco may need to heavily rely on rich local families, sympathetic sovereign wealth funds or major customers such as China signing up for shares. Reuters reported Sunday that Aramco will not market the IPO abroad. The price for the shares will be set on December 5, with trading on the Saudi stock exchange expected to start later that month, according to Aramco’s prospectus. Wall Street’s biggest names are advising Saudi Arabia on the privatization, despite pressure from activists who say financing fossil fuel companies will worsen the climate crisis. They have also urged banks not to do business with the kingdom because of its human rights record, including the brutal murder of Washington Post columnist Jamal Khashoggi. Aramco listed Bank of America, Goldman Sachs, JPMorgan, Citigroup, Credit Suisse, Morgan Stanley and HSBC as joint financial advisers on the transaction. They have all previously declined to comment to CNN Business. — John Defterios and Julia Horowitz contributed to this article.