Students react to threat made at Florida Gulf Coast UniversityMissing and endangered boy found in Lehigh Acres
Students react to threat made at Florida Gulf Coast University Students at Florida Gulf Coast University said they don’t know the specifics of a threat made last week, but they do know it was taken care of.
Missing and endangered boy found in Lehigh Acres Authorities have found a missing and endangered boy in Lehigh Acres. Police asked for the public’s help in locating Zachariah McKelvin.
School District denies bus service to student despite mother’s measurements When we think of the bus stop, we typically think of it as a safe place for our children, but one mother says the Lee County School District told her they live too close to the school to get a bus route.
MATLACHA 2 stranded dolphins rescued from mangroves near Matlacha Two stranded dolphins were pulled from mangroves near Matlacha.
CAPE CORAL NAACP honors Cape Coral Police Chief after acknowledging hate crime NAACP President, James Muwakkil, was so impressed with Cape Coral Police Chief Anthony Sizemore that he wanted the entire city to know.
NAPLES Jingled Elves trolley tour underway Breaking out your best dance moves and spreading Christmas cheer. These ‘jingled elves’ are breaking it down with a purpose.
BONITA SPRINGS Bonita Springs Elementary School’s demolition plans There’s a new lesson plan at Bonita Springs Elementary School: Demolition 101. The school is set to be knocked down, and there’s good reason.
MARCO ISLAND Marco Island Councilmember’s dogs allegedly attack 13-year-old girl Councilor Tamara Goehler is coming under fire after her dogs allegedly attacked a 13-year-old girl and the girl’s five-month-old puppy.
PUNTA GORDA Gilchrist Park’s future brightens as boat cleanup commences The boats blocking Gilchrist Park are ready to be moved two years after Hurricane Ian.
Lee County Department of Health issues red tide alert for Bowman’s Beach The Florida Department of Health in Lee County has issued a health alert for the presence of red tide near Bowman’s Beach.
CAPE CORAL City of Cape Coral working on project to address canal safety An older Cape Coral couple drove into a canal last year. Neighbors are now saying something needs to be done about canal safety.
NAPLES Collier County mental health center receives $4 million donation A giant donation is dedicated to providing people with better mental health care in southwest Florida.
LABELLE City of LaBelle under precautionary boil water notice A water main break has the City of Labelle under a precautionary boil water notice.
ESTERO FGCU student wins ice dancing national championship FGCU sophomore Lucas Appel wins his second US Senior Solo Dance National Championship in three years.
Lee County Sheriff’s Office: Parent brings weapon to Lehigh Acres school According to a Lee County Sheriff’s Office report, there is probable cause to believe a woman unintentionally brought a firearm to school.
Students react to threat made at Florida Gulf Coast University Students at Florida Gulf Coast University said they don’t know the specifics of a threat made last week, but they do know it was taken care of.
Missing and endangered boy found in Lehigh Acres Authorities have found a missing and endangered boy in Lehigh Acres. Police asked for the public’s help in locating Zachariah McKelvin.
School District denies bus service to student despite mother’s measurements When we think of the bus stop, we typically think of it as a safe place for our children, but one mother says the Lee County School District told her they live too close to the school to get a bus route.
MATLACHA 2 stranded dolphins rescued from mangroves near Matlacha Two stranded dolphins were pulled from mangroves near Matlacha.
CAPE CORAL NAACP honors Cape Coral Police Chief after acknowledging hate crime NAACP President, James Muwakkil, was so impressed with Cape Coral Police Chief Anthony Sizemore that he wanted the entire city to know.
NAPLES Jingled Elves trolley tour underway Breaking out your best dance moves and spreading Christmas cheer. These ‘jingled elves’ are breaking it down with a purpose.
BONITA SPRINGS Bonita Springs Elementary School’s demolition plans There’s a new lesson plan at Bonita Springs Elementary School: Demolition 101. The school is set to be knocked down, and there’s good reason.
MARCO ISLAND Marco Island Councilmember’s dogs allegedly attack 13-year-old girl Councilor Tamara Goehler is coming under fire after her dogs allegedly attacked a 13-year-old girl and the girl’s five-month-old puppy.
PUNTA GORDA Gilchrist Park’s future brightens as boat cleanup commences The boats blocking Gilchrist Park are ready to be moved two years after Hurricane Ian.
Lee County Department of Health issues red tide alert for Bowman’s Beach The Florida Department of Health in Lee County has issued a health alert for the presence of red tide near Bowman’s Beach.
CAPE CORAL City of Cape Coral working on project to address canal safety An older Cape Coral couple drove into a canal last year. Neighbors are now saying something needs to be done about canal safety.
NAPLES Collier County mental health center receives $4 million donation A giant donation is dedicated to providing people with better mental health care in southwest Florida.
LABELLE City of LaBelle under precautionary boil water notice A water main break has the City of Labelle under a precautionary boil water notice.
ESTERO FGCU student wins ice dancing national championship FGCU sophomore Lucas Appel wins his second US Senior Solo Dance National Championship in three years.
Lee County Sheriff’s Office: Parent brings weapon to Lehigh Acres school According to a Lee County Sheriff’s Office report, there is probable cause to believe a woman unintentionally brought a firearm to school.
Credit: WINK News Estero-based Hertz said Wednesday it has put its plans to sell $500 million worth of stock on hold because the offering is being reviewed by the Securities and Exchange Commission. Trading in shares of the car rental company, which filed for bankruptcy protection last month, were halted before the announcement. The stock later resumed trading. Hertz Global Holdings Inc. said Monday that it received approval from bankruptcy court to proceed with the stock sale. The sale would be an unusual move for a company in the throes of a bankruptcy reorganization and a very risky proposition for investors. The company warned that investors who buy its shares face “substantial risks” that the stock they bought might be rendered worthless. Under a Chapter 11 restructuring, creditors have first dibs on any assets, and typically have to settle for less than full repayment. For people who have bought the company’s stock to have any chance to recoup their investment, Hertz would have to somehow repay its creditors in full first. Investors would have to bet that the economy will rebound from the coronavirus downturn quickly and that Hertz’s business would improve dramatically so that it could afford to pay off its creditors and exit bankruptcy successfully. Despite such long odds, shares in Hertz have doubled this month. The stock rose 2.6% to $2 Wednesday. That shares in a company in bankruptcy would be climbing reflects the optimism among some investors that the economy will recover swiftly as businesses reopen. The stock market has staged a furious comeback after being down nearly 34% in March when worries about the recession were peaking. Since then, the S&P 500 index is about 40% higher. Starting in mid-March, Hertz – whose car-rental bands also include Dollar and Thrifty – lost virtually all its revenue when travel shut down due to the coronavirus. By the end of the month, Hertz shed 12,000 workers and put another 4,000 on furlough, cut vehicle acquisitions by 90% and stopped all nonessential spending. Unable to raise money on the capital markets, Hertz began missing payments to its creditors in April. All told, the company entered bankruptcy protection with more than $24 billion in debt by the end of March, leaving it only with $1 billion of available cash. Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.