Crews removing derelict boats from Gilchrist Park33rd endangered Florida panther death of 2024; killed by vehicle in Hardee County
PUNTA GORDA Crews removing derelict boats from Gilchrist Park Crews are working to remove derelict boats from Gilchrist Park after several of them washed ashore during Hurricane Milton in October.
33rd endangered Florida panther death of 2024; killed by vehicle in Hardee County Another Florida panther was killed by a vehicle, this time in Hardee County, increasing the death toll of the endangered species to 33 for 2024.
the weather authority Cool and breezy for your Thursday afternoon The Weather Authority is tracking cold morning conditions before temperatures warm up to the low 70s this Thursday.
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 Milton.
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.
PUNTA GORDA Crews removing derelict boats from Gilchrist Park Crews are working to remove derelict boats from Gilchrist Park after several of them washed ashore during Hurricane Milton in October.
33rd endangered Florida panther death of 2024; killed by vehicle in Hardee County Another Florida panther was killed by a vehicle, this time in Hardee County, increasing the death toll of the endangered species to 33 for 2024.
the weather authority Cool and breezy for your Thursday afternoon The Weather Authority is tracking cold morning conditions before temperatures warm up to the low 70s this Thursday.
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 Milton.
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.
FILE – This Nov. 19, 2019 file photo shows the logo on a Peloton bike in San Francisco. Peloton’s shares tumbled on Thursday, Jan. 20, 2022, after a media report said the exercise and treadmill company was temporarily halting production of its connected fitness products amid waning consumer demand. (AP Photo/Jeff Chiu, File) Peloton’s shares tumbled on Thursday after a media report said the exercise and treadmill company was temporarily halting production of its connected fitness products amid waning consumer demand. Shares fell nearly 24%, or $7.62 to $24.22 on Thursday on the report. Peloton Interactive Inc. plans to pause production of its main stationary bikes for two months, from February to March, according to CNBC, citing internal documents. The news site said that it already halted production of its more expensive Bike+ in December and will do so until June. It won’t manufacture its main treadmill machine for six weeks, beginning next month. And it doesn’t anticipate making any of its more expensive Tread+ treadmill machines in fiscal 2022, according to CNBC. The move is the latest in a string of bad news for Peloton, which was one of the early pandemic success stories. In May, it halted production of its Tread+ treadmills, after recalling about 125,000 of its treadmills less than a month after denying they were dangerous. One was linked to the death of a child, while others were linked to injuries of 29 others. Last August, the company cut the price of its main stationary bike — the product that was the cornerstone of its original popularity — by $400 because of slower revenue growth. In November, the company slashed its annual sales outlook, noting it expected annual sales of $4.4 billion to $4.8 billion in fiscal 2022, which ends in June. It originally had expected $5.4 billion. The turn of events have battered Peloton’s stock. Shares have fallen 84% in the past 52 weeks. In a statement released hours after the report broke, John Foley, co-founder and CEO of Peloton, said that as discussed last quarter, the company was “taking significant corrective action” to improve profitability and optimize its costs. That includes improving gross margins, moving to a ’“variable cost structure” and cutting operating expenses. Foley said the New York-based company will offer more details when it reports its fiscal second-quarter results on Feb. 8, which covers the quarter ended Dec. 31, but it provided preliminary results. It said it expects to report $1.14 billion in total revenue versus its guidance of $1.1 billion to $1.2 billon. It also said that it expects earnings before interest, taxes, depreciation and amortization to be in the range of a loss of $260 million to a loss of $270 million. It had originally expected a loss ranging from $325 million to $350 million. Peloton sales spiked as quarantined Americans bought at-home exercise equipment as a way to stay fit. And it couldn’t keep up with demand. But its success has created additional competitors who sell cheaper bicycles and exercise equipment. In addition, many high-end gyms are offering virtual classes that once were Peloton’s biggest draws. And in recent months, Americans are returning to their local gyms.