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.
FILE – In this Dec. 1, 2020, file photo, SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer media award, in Berlin. Tesla says it has invested more than $1 billion in Bitcoin and will accept the digital currency as payment for its electric vehicles. In a regulatory filing Monday, Feb. 8, 2021, Musk’s electric vehicle company said its board approved of the $1.5 billion investment and potentially more in the future. (Hannibal Hanschke/Pool Photo via AP, File) Tesla has invested around $1.5 billion in Bitcoin and said it plans to begin accepting the digital currency as payment for its high-end vehicles soon. The price of Bitcoin soared 15% to above $43,000 Monday. The California-based electric car maker headed by Elon Musk revealed the new strategy in a filing with the U.S. Securities and Exchange Commission, saying its investment in digital currency and other “alternative reserve assets” may grow. Bitcoin rose to $43,863 and briefly hit a new all-time high. Shares of Tesla moved higher as well. In its fourth-quarter earnings report last month Tesla said it had cash and cash equivalents of $19.4 billion. Dan Ives of Wedbush Securities said the move gives Tesla “more flexibility to further diversify and maximize returns on its cash.” Similar to Tesla, Virginia-based MicroStrategy Inc. announced in August that it would use some of the excess cash on its balance sheet to invest in alternative assets such as bitcoin. The move has paid off so far. As of Feb. 2, the business analytics company said it held 71,079 bitcoins that it purchased for an aggregate price of $1.15 billion since last summer. Using the current value of $43,000, those bitcoins are worth $3.06 billion. MicroStrategy shares have risen 660% since the August announcement, but the shares are susceptible to swings in the price of bitcoin. They were up 16% in midday trading Monday after the Tesla announcement. Palo Alto-based Tesla reported its first annual net profit in 2020, and its stock soared to make it the world’s most valuable automaker. Tesla joined the S&P 500 late last year and is currently valued at more than $820 billion. It’s been a wild ride for Bitcoin since it made its Wall Street debut in December 2017. Major futures exchanges rolled out bitcoin futures, pushing it to roughly $19,300, a then-unheard-of price for the currency. It evaporated quickly in 2018, and by December of that year Bitcoin was worth less than $4,000 a coin. More recently bitcoin rallied from below $11,000 in October and crossed $40,000 for the first time in its history. While in the last two years companies have embraced the technology that underlies digital currencies like Bitcoin, a concept known as the blockchain, the actual uses for Bitcoin have not really changed since its rally three years ago. It’s still largely used by those distrustful of the banking system, criminals seeking to launder money, and for the most part, as a store of value. But the dominoes could be falling if major companies follow Tesla’s lead and begin accepting the digital currency as payment. Ives said “this move could put more momentum into shares of Tesla as more investors start to value the company’s bitcoin/crypto exposure as part of the overall valuation. Telsa shares rose nearly 2% to $867.87 in midday trading. Critics say Tesla’s sales and profits are puny compared with established automakers such as Toyota and General Motors, and its huge valuation is not justified by financial fundamentals.