Juvenile and 18-year-old arrested for stealing, burglarizing multiple cars in DeSoto CountyImmokalee man arrested for child porn possession
ARCADIA Juvenile and 18-year-old arrested for stealing, burglarizing multiple cars in DeSoto County A juvenile and an 18-year-old have been arrested after allegedly stealing several cars and burglarizing them in DeSoto County.
IMMOKALEE Immokalee man arrested for child porn possession An Immokalee man has been arrested and charged on ten felony counts after allegedly being in possession of child pornography.
ESTERO Caught on Camera: Teen catches alligator while fishing for Peacock Bass A 15-year-old teenager from Estero bit off more than he could chew while fishing for Peacock Bass as a hungry alligator chased after the fish and him.
Gainsville Gov. DeSantis to hold news conference in Gainsville Florida Gov. Ron DeSantis is set to hold a news conference in Gainsville.
The Weather Authority Hotter and drier Wednesday with a few inland storms this afternoon The Weather Authority is tracking a mild and drier Wednesday morning with rain expected inland this afternoon.
Cape Coral City Council to discuss repairs for yacht club pier The Cape Coral City Council will discuss and possibly decide upon three options to repair the damaged yacht club pier.
LEHIGH ACRES Kitchen fire causes substantial damage to a home in Lehigh Acres The Lehigh Acres Fire Control and Rescue responded to a kitchen fire at a Sunset Boulevard home on Tuesday night.
FORT MYERS Lee County making changes to fix bus issues In the past, the Lee County School District struggled to find enough bus drivers.
NAPLES Naples man gets original Bob Ross paintings appraised Bob Ross took this blank canvas in a small studio in Muncie, Indiana, and transformed it into a beautiful masterpiece.
Lee Schools board considers full-day phone bans The biggest talking point in a Lee County School District safety presentation wasn’t about violence or drugs, it was about phones
PORT CHARLOTTE Fallen officer ceremony in Charlotte County commemorates those who lost lives in line of duty The emotional ceremony was held at the William R. Gains Veterans Memorial Park in Port Charlotte.
SAN CARLOS PARK Lee County couple suspected of drugging and sexually abusing child Neighbors say a home in San Carlos Park was just another house before Tuesday.
PINE ISLAND FDOT asking you if bike and pedestrian lanes should be added to busy road The Florida Department of Transportation is asking you if bike and pedestrian lanes should be added to the busy road.
Food drive for mental health awareness While someone may look healthy, they may be fighting a real inner battle.
FORT MYERS Overbilled for overflow of water; Residents stuck with hefty water bill The Moore’s make ends meet living at The Cove for almost a year.
ARCADIA Juvenile and 18-year-old arrested for stealing, burglarizing multiple cars in DeSoto County A juvenile and an 18-year-old have been arrested after allegedly stealing several cars and burglarizing them in DeSoto County.
IMMOKALEE Immokalee man arrested for child porn possession An Immokalee man has been arrested and charged on ten felony counts after allegedly being in possession of child pornography.
ESTERO Caught on Camera: Teen catches alligator while fishing for Peacock Bass A 15-year-old teenager from Estero bit off more than he could chew while fishing for Peacock Bass as a hungry alligator chased after the fish and him.
Gainsville Gov. DeSantis to hold news conference in Gainsville Florida Gov. Ron DeSantis is set to hold a news conference in Gainsville.
The Weather Authority Hotter and drier Wednesday with a few inland storms this afternoon The Weather Authority is tracking a mild and drier Wednesday morning with rain expected inland this afternoon.
Cape Coral City Council to discuss repairs for yacht club pier The Cape Coral City Council will discuss and possibly decide upon three options to repair the damaged yacht club pier.
LEHIGH ACRES Kitchen fire causes substantial damage to a home in Lehigh Acres The Lehigh Acres Fire Control and Rescue responded to a kitchen fire at a Sunset Boulevard home on Tuesday night.
FORT MYERS Lee County making changes to fix bus issues In the past, the Lee County School District struggled to find enough bus drivers.
NAPLES Naples man gets original Bob Ross paintings appraised Bob Ross took this blank canvas in a small studio in Muncie, Indiana, and transformed it into a beautiful masterpiece.
Lee Schools board considers full-day phone bans The biggest talking point in a Lee County School District safety presentation wasn’t about violence or drugs, it was about phones
PORT CHARLOTTE Fallen officer ceremony in Charlotte County commemorates those who lost lives in line of duty The emotional ceremony was held at the William R. Gains Veterans Memorial Park in Port Charlotte.
SAN CARLOS PARK Lee County couple suspected of drugging and sexually abusing child Neighbors say a home in San Carlos Park was just another house before Tuesday.
PINE ISLAND FDOT asking you if bike and pedestrian lanes should be added to busy road The Florida Department of Transportation is asking you if bike and pedestrian lanes should be added to the busy road.
Food drive for mental health awareness While someone may look healthy, they may be fighting a real inner battle.
FORT MYERS Overbilled for overflow of water; Residents stuck with hefty water bill The Moore’s make ends meet living at The Cove for almost a year.
FILE – In this Thursday, Nov. 23, 2017, file photo, Jesus Reyes pushes a television down an aisle as he shops at a Black Friday sale at a Best Buy store in Overland Park, Kan. Shoppers feeling good about the economy, who are spending more than expected on items like kitchen gadgets, toys and coats, could make this the best holiday season in several years. (AP Photo/Charlie Riedel, File) This year, Black Friday is more than just the starting gun for the all-important holiday shopping season (or the day you elbow your neighbor out of the way to score a TV). For retail’s struggling players, shopping’s mega-day is crucial. Remember: In September 2017, Toys “R” Us filed for bankruptcy in hopes of turning around its struggling business. But terrible holiday sales left it on life support. The company said it would close all its US stores three months later. There are six fewer shopping days between Thanksgiving and Christmas on the calendar than last year. But there’s no other reason stores should stutter. As my CNN Business colleague Nathaniel Meyersohn points out: Consumer confidence remains high, and low unemployment should buttress spending. The National Retail Federation estimates retail sales in November and December will grow between 3.8% and 4.2% compared with a year ago. “We’re in a very strong consumer environment,” Cowen analyst Oliver Chen told me. “If you’re having difficulties, what does it mean for the future?” Companies like Macy’s and Kohl’s, which have recently struggled, aren’t likely to go the way of Toys “R” Us, Chen notes. Both have healthy cash flow and aren’t financing their businesses with too much debt. But the next few weeks could be “make or break” for their current turnaround strategies, he said. Watch this space: If Macy’s, which recently lowered its expectations for the holidays, underperforms, it could accelerate store closures, according to Chen. Those who can afford extra investment, meanwhile, may pull further ahead of the pack. Take Walmart, which has started to offer free next-day delivery on orders over $35 for more than 200,000 items. It’s also pledged to staff up stores with extra workers. Some will be outfitted with mobile checkout scanners to ring up customers on the spot, helping them bypass lines. Target said it’s increasing its holiday payroll by $50 million. Target and Walmart’s commitment to curbside pickup, plus their easy-to-use mobile apps, will also provide an advantage, Chen said. Of course, looming over all these players is Amazon. The company still beats Walmart and Target on average delivery speed by a day (two days vs. three days), according to new research from Bank of America Merrill Lynch. Amazon also offers lower prices on a sample basket of holiday shopping items that includes LEGO toys, a 23andMe DNA test and a Playstation 4 Pro. Amazon has the greatest number of items available, too. The $4 trillion force propelling US stocks to record highs The Federal Reserve’s rescue of the overnight lending market appears to be having an unintended side effect: it’s juicing the stock market, my colleague Matt Egan reports. The situation: The September spike in overnight lending rates revealed that the plumbing of financial markets was broken. Banks and other financial institutions simply didn’t have enough cash. As a result, the Fed — acting as a plumber — started pumping in lots of cash to ease the crunch. The Fed also reversed course by promising to purchase bonds. A ton of them. After months of shrinking its balance sheet, the Fed vowed to buy $60 billion worth of Treasury bills per month through the spring of 2020. The result: The Fed’s balance sheet has swelled by $286 billion since early September, to $4.05 trillion. The Fed has stressed that its current efforts are just a technical fix, and do not mark a return of that 2008 crisis-era bond-buying program aimed at stimulating the economy. But there’s a growing realization that the Fed’s bond purchases are supporting stocks, even if that wasn’t the goal. “I don’t even think it’s debatable,” Danielle DiMartino Booth, a former Fed official who’s now CEO of Quill Intelligence, told Matt. “It’s patently obvious that the Fed’s interventions into the market is having a huge effect on the stock market.” One contributing factor: Fed liquidity is boosting the bond market, making it easier for companies to borrow cash that can be used for share buybacks. Those share repurchases help boost demand for stocks while simultaneously boosting per-share earnings. Up next Monday: Dallas Fed manufacturing data Tuesday: Alibaba’s Hong Kong listing; S&P/Case-Shiller Home Price Index; US consumer confidence; Abercrombie & Fitch, Best Buy, Dick’s Sporting Goods, Dollar Tree, Dell and GameStop earnings Wednesday: US durable goods orders; US personal spending and income Thursday: US markets closed; EU business confidence Friday: Half day for US markets; UK and Japan consumer confidence; India and Canada GDP