12-year-old collecting donations for the needy during the holidaysFort Myers man facing homelessness before the holidays
NAPLES 12-year-old collecting donations for the needy during the holidays A 12-year-old Naples boy isn’t worried about what he’s getting for Christmas. Instead, he’s working on his 6th annual “Holiday Sock Drive.”
Fort Myers man facing homelessness before the holidays A 75-year-old man is on the brink of homelessness despite working over 80 hours a week.
NAPLES Adoptee uses non-profit to provide suitcases for foster children This holiday season, a Naples woman is on a mission to bring foster children something many take for granted: a suitcase filled with dignity.
MARCO ISLAND City of Marco Island discusses lead awareness during city council meeting The city of Marco Island sent out 4900 letters to residents warning them that their pipes could contain plastic or lead.
NAPLES The future of electric planes in Southwest Florida Features of living near an airport include persistent headache-inducing engine rumbles and foul-smelling jet fuel, but electric planes could play a part in the solution.
PORT CHARLOTTE Neighbors awaiting answers on Port Charlotte Beach Park repairs Neighbors said a contractor hired by the Florida Division of Emergency Management mishandled the boats at Port Charlotte Beach Park.
FGCU introduces new technology for cognitive health screenings Ten minutes. That’s all it takes for doctors to assess how well you remember, how quickly you learn things, and how your brain is working overall.
WINK Investigates: Disgraced contractor faces new lawsuits and allegations Paul Beattie, a disgraced home builder is back doing business but legal challenges continue as another one of his businesses gets sued. Former employees of Beattie speak out, only to WINK.
SWFL reacts to UNC hiring Bill Belichick Southwest Florida reacts to North Carolina hiring Bill Belichick as its new head football coach and how that could impact the decisions of local recruits.
SOUTHWEST FLORIDA Some Floridians want more alone time during the holidays The holidays are all about spending time with family and friends, but nearly half of Americans say they really want more alone time during the holiday.
LABELLE Hendry County rolls out cameras for school speed zones The Hendry County Sheriff’s Office has rolled out a new way of enforcing school zone speed limits by using cameras that will target drivers traveling over a certain speed in a school zone.
Aggressive driving concerns on the rise in Southwest Florida The arrest of a man who, the Lee County Sheriff’s Office said, killed a motorcyclist after crashing into him on purpose is raising concerns over aggressive driving in Southwest Florida.
SANIBEL Sanibel School students prepare for community Christmas performance The school that has had to claw and fight its way back more than once to reopen is getting the chance to celebrate.
FORT MYERS Rock For Equality: SWFL music scene to hold benefit concert for Palestine A two-venue, eight-band benefit concert is coming to Southwest Florida.
NAPLES Naples man sentenced in deadly bar shooting A man has been sentenced for a deadly shooting that took place at a Naples bar in March 2021.
NAPLES 12-year-old collecting donations for the needy during the holidays A 12-year-old Naples boy isn’t worried about what he’s getting for Christmas. Instead, he’s working on his 6th annual “Holiday Sock Drive.”
Fort Myers man facing homelessness before the holidays A 75-year-old man is on the brink of homelessness despite working over 80 hours a week.
NAPLES Adoptee uses non-profit to provide suitcases for foster children This holiday season, a Naples woman is on a mission to bring foster children something many take for granted: a suitcase filled with dignity.
MARCO ISLAND City of Marco Island discusses lead awareness during city council meeting The city of Marco Island sent out 4900 letters to residents warning them that their pipes could contain plastic or lead.
NAPLES The future of electric planes in Southwest Florida Features of living near an airport include persistent headache-inducing engine rumbles and foul-smelling jet fuel, but electric planes could play a part in the solution.
PORT CHARLOTTE Neighbors awaiting answers on Port Charlotte Beach Park repairs Neighbors said a contractor hired by the Florida Division of Emergency Management mishandled the boats at Port Charlotte Beach Park.
FGCU introduces new technology for cognitive health screenings Ten minutes. That’s all it takes for doctors to assess how well you remember, how quickly you learn things, and how your brain is working overall.
WINK Investigates: Disgraced contractor faces new lawsuits and allegations Paul Beattie, a disgraced home builder is back doing business but legal challenges continue as another one of his businesses gets sued. Former employees of Beattie speak out, only to WINK.
SWFL reacts to UNC hiring Bill Belichick Southwest Florida reacts to North Carolina hiring Bill Belichick as its new head football coach and how that could impact the decisions of local recruits.
SOUTHWEST FLORIDA Some Floridians want more alone time during the holidays The holidays are all about spending time with family and friends, but nearly half of Americans say they really want more alone time during the holiday.
LABELLE Hendry County rolls out cameras for school speed zones The Hendry County Sheriff’s Office has rolled out a new way of enforcing school zone speed limits by using cameras that will target drivers traveling over a certain speed in a school zone.
Aggressive driving concerns on the rise in Southwest Florida The arrest of a man who, the Lee County Sheriff’s Office said, killed a motorcyclist after crashing into him on purpose is raising concerns over aggressive driving in Southwest Florida.
SANIBEL Sanibel School students prepare for community Christmas performance The school that has had to claw and fight its way back more than once to reopen is getting the chance to celebrate.
FORT MYERS Rock For Equality: SWFL music scene to hold benefit concert for Palestine A two-venue, eight-band benefit concert is coming to Southwest Florida.
NAPLES Naples man sentenced in deadly bar shooting A man has been sentenced for a deadly shooting that took place at a Naples bar in March 2021.
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.