Community grieves as investigation continues into fatal Port Charlotte fireLocal influencer reacts to potential TikTok ban
PORT CHARLOTTE Community grieves as investigation continues into fatal Port Charlotte fire The state fire marshal has yet to confirm whether 70-year-old Roseanne Cantasano was the victim of a devastating house fire on Monday night.
Local influencer reacts to potential TikTok ban TikTok is more than just a place to dance, learn something new or just scroll. For the Manella family, the app is a place where they can be themselves.
Protecting the Florida Panther from urban expansion The endangered Florida Panther is the king of the Everglades but new developments could rip apart their core territory.
Local Rabbi reacts to Israel and Hamas ceasefire agreement While the news of hostages being freed has brought relief, one local rabbi who has been speaking with WINK News since the war broke out expressed mixed feelings
Tiger dams in Collier County new defense system to stop flooding Collier County is now on board with a new defense system to stop flooding.
CAPE CORAL Plans for Cape Coral airport presented to City Council An airport in Cape Coral? The idea was presented to the city council on Wednesday as part of a broader report addressing the city’s rapid growth.
CAPE CORAL Lake Kennedy Racquetball Center gets new name and logo The Lake Kennedy Racquetball Center in Cape Coral is rebranding.
NAPLES Naples Pride Fest gets green light from City Council The Naples City Council voted to approve the permit for Naples Pride Fest at Cambier Park.
Former Lee supervisor of elections candidate calls for Sheriff Marceno to resign More fingers are pointing at Lee County Sheriff Carmine Marceno.
NORTH FORT MYERS City of Fort Myers wants progress on submerged boats at Old Bridge Marina It has become a headache for many: boats left submerged at the Old Bridge Marina, next to the Edison Bridge.
Dementia risk factors unveiled Eating healthy and staying active can help keep your brain sharp, but did you know your family’s wealth may also affect your dementia risk?
Another chance at FEMA assistance If you applied for FEMA assistance after hurricanes Helene and Milton and are not happy with the answer they gave you, they are giving you another chance.
NAPLES Naples City Council names Gary L. Young as next city manager The Naples City Council unanimously voted to appoint Deputy City Manager and CFO Gary L. Young as the new city manager.
BONITA SPRINGS Sugarshack, a haven for live music, food and community, coming to Bonita Springs Sugarshack, a haven for live music, food and community, coming soon to Downton Bonita Springs.
COLLIER COUNTY FC Naples holds first practice in club history Another first in a year of first for FC Naples as the club held its first practice in its history Wednesday morning.
PORT CHARLOTTE Community grieves as investigation continues into fatal Port Charlotte fire The state fire marshal has yet to confirm whether 70-year-old Roseanne Cantasano was the victim of a devastating house fire on Monday night.
Local influencer reacts to potential TikTok ban TikTok is more than just a place to dance, learn something new or just scroll. For the Manella family, the app is a place where they can be themselves.
Protecting the Florida Panther from urban expansion The endangered Florida Panther is the king of the Everglades but new developments could rip apart their core territory.
Local Rabbi reacts to Israel and Hamas ceasefire agreement While the news of hostages being freed has brought relief, one local rabbi who has been speaking with WINK News since the war broke out expressed mixed feelings
Tiger dams in Collier County new defense system to stop flooding Collier County is now on board with a new defense system to stop flooding.
CAPE CORAL Plans for Cape Coral airport presented to City Council An airport in Cape Coral? The idea was presented to the city council on Wednesday as part of a broader report addressing the city’s rapid growth.
CAPE CORAL Lake Kennedy Racquetball Center gets new name and logo The Lake Kennedy Racquetball Center in Cape Coral is rebranding.
NAPLES Naples Pride Fest gets green light from City Council The Naples City Council voted to approve the permit for Naples Pride Fest at Cambier Park.
Former Lee supervisor of elections candidate calls for Sheriff Marceno to resign More fingers are pointing at Lee County Sheriff Carmine Marceno.
NORTH FORT MYERS City of Fort Myers wants progress on submerged boats at Old Bridge Marina It has become a headache for many: boats left submerged at the Old Bridge Marina, next to the Edison Bridge.
Dementia risk factors unveiled Eating healthy and staying active can help keep your brain sharp, but did you know your family’s wealth may also affect your dementia risk?
Another chance at FEMA assistance If you applied for FEMA assistance after hurricanes Helene and Milton and are not happy with the answer they gave you, they are giving you another chance.
NAPLES Naples City Council names Gary L. Young as next city manager The Naples City Council unanimously voted to appoint Deputy City Manager and CFO Gary L. Young as the new city manager.
BONITA SPRINGS Sugarshack, a haven for live music, food and community, coming to Bonita Springs Sugarshack, a haven for live music, food and community, coming soon to Downton Bonita Springs.
COLLIER COUNTY FC Naples holds first practice in club history Another first in a year of first for FC Naples as the club held its first practice in its history Wednesday morning.
Traders work during the closing bell at the New York Stock Exchange (NYSE) on February 24, 2020 at Wall Street in New York City. PHOTO BY JOHANNES EISELE/AFP VIA GETTY IMAGES Stocks are opening sharply higher on Wall Street a day after the worst drop since 1987. The Dow Jones Industrial Average jumped 800 points, or 4% early Friday. That’s far less than half of what the index lost a day earlier. European markets surged about 7% a day after one of their worst drops on record. The wild swings continued as governments stepped up precautions against the spread of the new coronavirus and considered ways to cushion the blow to their economies. Asian markets ended a volatile day mostly lower. Central banks in China, Sweden and Norway also stepped in to support bond markets. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below: European stocks rose Friday and Wall Street was set to gain on the open after turbulent trading in Asia and a day after the market’s worst session in over three decades. Shares rose in Paris and London but fell 6.1% in Japan following Wall Street’s and Europe’s biggest drop since the 1987 Black Monday crash. Friday the 13th brought wild swings for some markets as governments stepped up precautions against the spread of the new coronavirus and considered ways to cushion the blow to their economies. More central banks, including those of China, Sweden and Norway, intervened to flood credit markets with liquidity, a day after similar interventions from the U.S. Federal Reserve and the European Central Bank. Benchmarks in Japan, Thailand and India sank as much as 10% early in the day, but India’s Sensex gained 3.3% in afternoon trading. In Bangkok, the Thailand SET fell 1.3% after its 10% plunge triggered a temporary suspension of trading. Markets worldwide have been on the retreat as worries over the economic fallout from the coronavirus crisis deepen and the meltdown in the U.S., the world’s biggest economy, batters confidence around the globe. Gains in Europe were the latest chapter in a period of remarkable volatility for financial markets, with major indexes plunging into bear market territory at record pace. In France, the CAC 40 was up 5.1% to 4,250 while Germany’s DAX climbed 4.2% to 9,545. Britain’s FTSE picked up 4.9% to 5,493. U.S. markets looked set for a stronger start, with the future for the Dow Jones Industrial Average up 4.9% and the future for the S&P 500 advancing 5.1%. Australia’s S&P/ASX 200 jumped 4.4% to 5,539.30 after state and territorial leaders agreed to raise spending to counter the impact of the viral outbreak that has spread from central China across the globe, infecting 128,000 people. “The governor of the Reserve Bank made it very clear this morning the levers of fiscal policy need to do their job here,” Prime Minister Scott Morrison said after a meeting of top officials on Friday. “We need to put budgets to work to keep people in work,” said Morrison, whose federal government has already pledged $11.4 billion in stimulus. Losses narrowed in mainland China, where communities are recovering from the worst of the virus. The Shanghai Composite index fell 1.2% to 2,887.43. Hong Kong’s Hang Seng lost 1.1%, to 24,032.91. The overnight sell-off on Wall Street helped to wipe out most of the big U.S. gains since President Donald Trump took office in 2017. The S&P 500 plummeted 9.5%, for a total drop of 26.7% from its all-time high, set just last month. That puts it way over the 20% threshold for a bear market, officially ending Wall Street’s unprecedented bull-market run of nearly 11 years. The Dow Jones Industrial Average sank 2,352 points, or 10%, its heaviest loss since its nearly 23% drop on Oct. 19, 1987. European markets fell 12% in one of their worst days ever, even after the European Central Bank pledged to buy more bonds and offer more help for the economy. “Between the lack of a strong U.S. fiscal response and the latest travel ban for arrivals from Europe to the U.S., global markets appear to have been tipped over into a sell-everything mode,” Jingyi Pan of IG said in a commentary. Not all markets have suffered equally, but many are down by double-digits from just weeks earlier. Thailand’s SET has lost nearly 40% and the Philippines’ benchmark is down more than 30%. Overriding concerns about the actual impact on business and trade is pessimism over how the crisis is being handled, with the “sum of all fears are culminating with the view that policymakers remain well behind the curve,” said Stephen Innes of AxiCorp. Despite the slight improvements in some markets, gloom prevailed in Asia on Friday. Tokyo’s close at 17,431.05 was its lowest in nearly four years. South Korea’s Kospi sank 3.4% to 1,771.44. Taiwan’s benchmark lost 2.8%, while most Southeast Asian markets fell 1-2%. The worldwide rout has come amid cascading cancellations and shutdowns across the globe – including Trump’s suspension of most travel to the U.S. from Europe – and rising worries that the White House and other authorities around the world can’t or won’t counter the economic damage from the outbreak any time soon. The coronavirus has killed more than 4,700, but for most people causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illnesses, including pneumonia. The vast majority of people recover from the virus in a few weeks. Initially, many hoped the virus would be contained in China. But as the damage and disruptions from the outbreak mount, the combined health crisis and the market retreat have heightened fears of a global recession. Just last month, the Dow was boasting a nearly 50% increase since Trump took the oath of office on Jan. 20, 2017. It officially went into a bear market on Wednesday, finishing down more than 20% from its all-time high. For the S&P 500, this is the fastest drop since World War II from a record high to a bear market. In other trading, the oil market, which suffered huge shocks a week ago as Saudi Arabia and Russia clashed over output cuts, was holding steady. U.S. benchmark crude erased early losses, gaining $1.77, or 5.6%, to $33.27 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the standard for international oil pricing, picked up $2.04, or 6.1%, to $35.26 per barrel. The dollar rose to 106.45 Japanese yen from 104.63 yen late Thursday. The euro fell to $1.1165 from $1.1181. ___ The Associated Press receives support for health and science coverage from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.