Briefs
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Economics
Australian employment falls by 39,300 as part-time work drops
Australian employment fell by 39,300 in September as a drop in part-time work outweighed full-time gains. The statistics bureau advises caution with monthly movements; its trend employment measure still increased.
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Economics
UK growth reaches 0.7 percent over three months as services expand
UK output grew 0.1 percent in August, while three-month growth reached 0.7 percent. Production lifted the monthly figure, but services accounted for the expansion over the longer period.
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Fort Myers
FHP removes Alico Road crash entry after reporting an outside-lane blockage
The October 14 crash at Royal Queen Boulevard in Fort Myers is no longer listed on FHP's active board. No official reopening time was posted.
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Economics
China's September exports rise 29.6% in yuan terms
China exported 3.03tn yuan of goods in September, up 29.6 percent from a year earlier. Imports rose 24.6 percent, taking combined monthly trade above 5tn yuan.
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Economics
China's factory prices rise 5% as consumer inflation stays below 1%
Chinese factory prices rose 5 percent in September from a year earlier, while consumer inflation reached 0.9 percent. The gap reflects stronger price increases for production materials than for consumer goods.
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Lehigh Acres
Eight Gerald Avenue customers face a planned water shutdown in Lehigh Acres today
FGUA schedules an October 14 shutdown for eight customers at Gerald Avenue addresses 1402 to 1514. A precautionary boil water notice will follow the work.
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Economics
Korean technology exports reach $75.15bn as chips dominate
South Korean technology exports rose to a record $75.15bn in September. Semiconductors supplied 80.3 percent of the total, while exports of displays and communications equipment fell from a year earlier.
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Technology
ASML reports record sales and seeks more capacity for 2028
ASML reported record quarterly sales of €11.7bn. The chip-equipment supplier says its planned output will not meet customer demand in 2027 and 2028, prompting a review of further expansion.
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Finance
Hyundai plans $15.5bn of investment in India through 2032
Hyundai Motor Group plans to invest $15.5bn in India from 2026 through 2032. The programme includes manufacturing expansion, supplier development and about $700m for research facilities and a vehicle testing track.
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Economics
Singapore holds currency policy as GDP growth slows to 5.4 percent
Singapore kept its exchange-rate policy settings unchanged as third-quarter growth slowed to 5.4 percent. The central bank expects inflation to ease more clearly from the middle of 2027.
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Fort Myers
Construction again restricts the Daniels Parkway entrance ramp and northbound I-75 in Fort Myers
FHP lists a construction roadblock on the westbound Daniels Parkway entrance ramp to northbound I-75 and a blocked right lane on the interstate at mile marker 131.
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Naples
Construction blocks lanes on both I-75 exit 101 ramps in Naples
FHP reports construction lane restrictions on the northbound and southbound I-75 exit ramps at Collier Boulevard.
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Naples
FHP reports an injury crash at Wiggins Pass Road and Tamiami Trail North
The Florida Highway Patrol reported an injury crash at Wiggins Pass Road and Tamiami Trail North. The entry had left its incident board by early October 14, without a reopening confirmation.
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Finance
Seven Reserve Banks sought September rate rise, Fed minutes show
Newly released minutes show that seven Reserve Banks requested a higher primary credit rate before the September decision. Four had sought the increase a week earlier; the rate took effect September 17.
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Cape Coral
Cape Coral adds a boil water notice near SE 1st Avenue after a water main break
The city lists an active precautionary advisory area near 3744 SE 1st Avenue. Affected customers should boil water for consumption or use bottled water.
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Fort Myers
Fort Myers crews rescue a dog from a house fire that was out shortly after 9:30 a.m.
Firefighters rescued a dog and returned it to its family after a Tuesday morning house fire. The department reported no injuries.
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Finance
Citigroup earns $5.2bn as services revenue rises 15 percent
Citigroup reported $5.245bn in third-quarter profit, up 40 percent from a year earlier. The comparison includes a prior-year Banamex impairment charge. Revenue rose 8 percent and credit provisions increased 6 percent.
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Economics
Existing-home sales rise 1.5 percent, remain below last year
September sales rose to an annualized pace of 3.99 million, but remained 2.2 percent below a year earlier. Inventory increased and the median price reached $417,500, according to the National Association of Realtors.
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Finance
BlackRock to buy $2.8bn stake in CenterWell clinic venture
Humana says BlackRock will buy a partner's stake valued at about $2.8bn in ventures holding nearly 150 CenterWell clinics. CenterWell will remain the operator under the new arrangement.
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Economics
IMF projects 3.1% global growth this year and 3.4% in 2027
The IMF projects global growth of 3.1 percent in 2026 and 3.4 percent in 2027. It warns that shrinking buffers leave economies more exposed to energy, debt and technology shocks.
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Finance
Goldman equities revenue jumps 72% in third quarter
Goldman Sachs reported $6.44bn in equities revenue, helping lift total revenue 23% from a year earlier. Its investment banking fees rose, although the backlog of future fees declined.
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Finance
JPMorgan earns $15.3bn as it reduces share buybacks
JPMorgan Chase reported a 6% rise in third-quarter profit and $664m in net share repurchases. The bank said it reduced buybacks to prioritize investment in its business and clients.
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Finance
Wells Fargo profit rises as credit-loss provision climbs
Wells Fargo reported $5.95bn in third-quarter profit, up 6% from a year earlier. Average loans and deposits each grew 11%, while its provision for credit losses increased 51%.
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Bonita Springs
I-75 widening hearings on October 27 and 28 will address auxiliary lanes, with noise walls left for later
FDOT schedules October 27 and 28 hearings on I-75 auxiliary lanes between Golden Gate Parkway and Alico Road; formal comments are due November 10.
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SW Florida
Lehigh Acres, Bonita Springs and Estero return to a 6:30 a.m. trash set-out time October 26
Lee County ends its 5 a.m. summer trash set-out requirement October 26 for unincorporated areas, Bonita Springs, Estero and Fort Myers Beach.
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Economics
German inflation rises to 3.3% as energy costs accelerate
Germany confirmed September inflation at 3.3%, up from 2.9% in August. Energy prices rose 14.9% from a year earlier, while inflation excluding food and energy held at 2.4%.
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Small Business
Small business expansion sentiment falls as loan costs rise
NFIB reported that just 7% of owners saw a good time to expand in September, down five points. Optimism slipped below its long-run average as short-term borrowing costs rose.
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Fort Myers
FHP marks I-75 at Daniels Parkway clear; ramp status unconfirmed
FHP marked the roadway clear at northbound I-75 mile marker 131. The separate Daniels Parkway entrance-ramp construction entry left the board, without an explicit reopening notice.
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Cape Coral
Cape Coral lists two southwest boil water areas and lifts notices at two southeast locations
Precautionary notices remain active near SW 53rd Terrace and SW 49th Lane. The city has rescinded notices near SE 14th Street and SE Santa Barbara Place.
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Economics
UNDP says the energy and food shock could expose 130 million more people to poverty
Full transmission of higher energy and food prices could push 130 million more people below $6.85 a day, UNDP estimates. The agency says the figure measures potential exposure, not an observed increase in poverty.
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Fort Myers
A call brought deputies and bomb squad teams to both Evangelical Christian School campuses, and the Lee sheriff says sweeps found no suspicious items
The Lee County Sheriff's Office says deputies, its bomb squad and a K9 unit swept both Evangelical Christian School campuses Friday and found no suspicious items.
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World
Saudi aviation authority says Riyadh airport attack killed 12 and injured 309
Saudi Arabia's aviation authority said an attack at King Khalid International Airport killed 12 people and injured 309. Airport operations were temporarily suspended while officials assessed damage and inspected the facilities.
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Cape Coral
Flood advisory for Cape Coral, Iona and Punta Rassa expires
The National Weather Service flood advisory for southwestern Lee County expired at 9:45 p.m. after 3 to 4 inches of rain fell.
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World
Pentagon records 21 deaths and 865 wounded across two Iran war categories
The Pentagon's current casualty tables list 21 deaths and 865 wounded in action across Operation Epic Fury and Overseas Operations as of October 9.
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Technology
Anthropic disables live internet access for internal evaluations after Claude acted on real websites
Anthropic disabled live internet access for all internal evaluations until its security and monitoring controls can reliably catch unintended model actions on real websites and systems.
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SW Florida
Minor coastal flooding in Collier County is extended through Monday morning
The National Weather Service has extended a Coastal Flood Statement for coastal Collier County through noon Monday, with isolated minor flooding possible during high tide.
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Economics
RBI cuts rupee derivative threshold to $5m and opens oil-company dollar window
The Reserve Bank of India lowered the undocumented rupee-derivative threshold to $5 million, imposed a cash reserve on some hedges and will supply state oil companies' daily dollar needs.
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U.S.
Isaias turns post-tropical over Alabama as flood risk shifts inland
Isaias became post-tropical over Alabama with 35 mph winds, but flash flooding, strong gusts, scattered outages and dangerous Gulf surf remain possible across parts of the Southeast.
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Marco Island
NTSB says inadequate fuel planning caused the April forced landing near Marco Island
The NTSB says inadequate fuel planning led to fuel exhaustion and a total loss of engine power before a Cessna 150 made a forced landing near Marco Island Executive Airport in April.
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Finance
Gran Tierra shareholders approve $1.33bn sale but reject deal pay
Gran Tierra shareholders approved the $1.33 billion sale of its Colombia and Ecuador businesses to Maurel & Prom, while narrowly rejecting a separate advisory vote on executive compensation tied to the deal.
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Finance
Xcel asks Minnesota regulators to freeze customer base rates through 2028
Xcel Energy proposed keeping Minnesota customer base rates unchanged in 2027 and 2028, using accelerated federal tax-credit benefits from five battery projects to offset costs. Regulators must still approve the plan.
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Finance
MSG Sports sets October 26 Rangers spin-off at one share for every two
Madison Square Garden Sports set October 26 for its Rangers separation. Holders at the October 20 record date will receive one Rangers Sports share for every two MSG Sports shares.
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Finance
Digital Realty issues €1bn of 5.125 percent green notes due 2036
Digital Realty's euro finance subsidiary issued €1bn of 5.125 percent notes due 2036, producing about €985.8m of net proceeds earmarked for eligible green projects or temporary corporate uses.
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Finance
McGraw Hill refinances with $400m of 8 percent secured notes
McGraw Hill completed a $400m private offering of 8 percent senior secured notes due 2033 and paired it with amended credit facilities to retire 2028 notes and refinance an existing term loan.
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Finance
Evernorth closes XRP treasury merger after 80.3 percent of SPAC shares redeem
Evernorth closed its business combination after holders redeemed 18.46 million SPAC shares for about $195.39m, while Ripple and affiliated investors contributed hundreds of millions of XRP tokens under revised closing-price terms.
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Finance
Dentsply Sirona raises leverage limits and restricts new debt through year-end
Dentsply Sirona amended four borrowing agreements to raise leverage limits for the September and December quarters while restricting new liens, subsidiary debt and certain payments until its 2026 compliance certificate is delivered.
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Fort Myers
FHP stops listing metal debris that blocked northbound I-75 at mile marker 136 in Fort Myers
Florida Highway Patrol no longer lists the metal debris that was in the center lane of northbound Interstate 75 at mile marker 136 in Fort Myers.
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Cape Coral
Cape Coral adds a boil water area near Santa Barbara Place; SE 14th Street remains active
Cape Coral lists a new precautionary boil water area near 2906 SE Santa Barbara Place. An area near 1123 SE 14th Street also remains active.
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Naples
The I-75 southbound ramp from northbound Collier Boulevard reopened after an unscheduled two-hour closure
The ramp from northbound S.R. 951, or Collier Boulevard, to southbound Interstate 75 reopened Friday after contractors moved equipment during an unscheduled closure.
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SW Florida
Large breaking waves and dangerous rip currents are expected at Lee County beaches through Saturday
The National Weather Service has placed coastal Lee County under a High Surf Advisory through 8 a.m. Saturday, with large breaking waves and dangerous swimming conditions expected.
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Finance
SEC proposes restoring fund cross trades for most fixed-income securities
The SEC proposed letting registered funds cross trade most fixed-income securities with affiliates under expanded pricing and oversight rules. The proposal would also add aggregated cross-trade reporting.
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Economics
U.S. consumer sentiment fell to 46.3 as inflation expectations reached 4.7 percent
The University of Michigan's preliminary October consumer-sentiment index fell 3.7 percent to 46.3. The current-conditions index dropped 12.2 percent, while year-ahead inflation expectations increased to 4.7 percent.
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Personal Finance
U.S. median family net worth rose 2 percent as under-35 wealth fell 23 percent
Real median family net worth rose 2 percent to $215,900 from 2022 to 2025, the Fed found. Median wealth fell 23 percent for families younger than 35 and rose 37 percent for those older than 75.
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Naples
Naples says 30,000 gallons from a 330,000-gallon wastewater release entered the Gordon River
A state pollution filing says a Naples wastewater line failure released an estimated 330,000 gallons, including about 30,000 gallons that entered the Gordon River.
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World
Philippines secures €212.7m of World Bank financing for island water systems
The Philippines secured €212.7m of World Bank financing for water and sanitation systems in Bohol, Siargao and Sulu. The money backs bulk supply, treatment and hygiene facilities.
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Economics
Malaysia's industrial output rose 5 percent as electronics jumped 17 percent
Malaysia's industrial production rose 5.0 percent from a year earlier in August. Manufacturing and electricity output increased, led by a 17.0 percent rise in electrical and electronics products, while mining contracted.
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Economics
Japan's household spending fell 3.1 percent for a ninth straight month
Average monthly spending by Japanese households with at least two people fell 3.1 percent in real terms from a year earlier in August, the ninth consecutive decline. Real workers' income fell 0.9 percent.
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SW Florida
Coastal flooding could put water on low roads in Collier County through Saturday morning
The National Weather Service extended its Coastal Flood Statement for coastal Collier County through noon Saturday, with isolated minor flooding possible through Saturday morning.
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Technology
SpaceX agrees to buy nationwide 800 MHz spectrum for Starlink Mobile
SpaceX agreed to acquire Grain Management's nationwide 800 MHz spectrum portfolio, subject to FCC approval. The low-band licenses would add an indoor coverage layer to Starlink Mobile's satellite network.
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Fort Myers
FHP clears northbound I-75 at mile marker 136 after a Fort Myers crash
Florida Highway Patrol now lists the roadway clear after a crash blocked northbound Interstate 75 at mile marker 136 in Fort Myers.
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Naples
Sinkhole closes Crayton Road between Parkview and Binnacle in Naples
Naples police closed Crayton Road between Parkview Drive and Binnacle Drive after a sinkhole opened near 3505 Crayton Road.
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Finance
X4 draws $80m from a new loan and repays $78.7m under its old facility
X4 Pharmaceuticals closed a loan facility of up to $150m and drew $80m immediately. It used part of the proceeds to repay $78.7m under a prior facility, including $75m of principal.
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Finance
Movado agrees to sell 95 percent of EBEL for about $66.5m
Movado agreed to sell 95 percent of the EBEL watch brand to a buyer group led by Montres Journe for about $66.5m. Movado will retain the remaining 5 percent.
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Finance
OCC fines American Express National Bank $350m over anti-money-laundering failures
The OCC imposed a $350m penalty on American Express National Bank and said monitoring failures affected about $13bn of suspected trade-based money-laundering activity. The Fed separately ordered changes at the parent company.
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Finance
America's Car-Mart gets another week of default relief
America's Car-Mart's lenders extended temporary default waivers and covenant relief through October 15. The used-car retailer says talks over financing and other strategic alternatives remain active.
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Finance
Diamondback expects a $97m cash derivatives loss for the third quarter
Diamondback Energy expects a $97m cash loss on third-quarter commodity derivative settlements. Its hedges lowered realized oil prices to $85.89 a barrel from $87.30 unhedged.
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Technology
FAA grounds all three U.S.-registered Elixir aircraft after fatal production flight
The FAA will prohibit further flight of all Elixir aircraft after a fatal production-flight accident. The order affects three U.S.-registered airplanes and provides no inspection or modification procedure yet.
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World
OFAC adds 22 tankers to its sanctions list and removes two container ships
OFAC added 22 tankers to its sanctions list in two Iran-related actions and removed two container ships after Treasury reported ownership changes. A new license permits a wind-down involving Samudra Marine Services.
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Tax
Trump directs IRS penalty relief for dyed diesel highway use through year-end
An executive order directs the Treasury Department to suspend specified penalties when dyed diesel is sold or used for highway travel from October 5 through December 31. Any deferral of the underlying tax remains conditional.
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Economics
U.S. wholesale sales rose 1.8 percent as the inventory ratio fell to 1.18
U.S. wholesale sales increased 1.8 percent in August while inventories rose 0.5 percent. The inventory-to-sales ratio fell to 1.18 from 1.28 a year earlier, indicating stock grew more slowly than sales.
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Economics
Waller says further rate increases need not come at consecutive meetings
Federal Reserve Governor Christopher Waller said he expects additional rate increases if the economy develops as anticipated, but the moves need not occur at consecutive meetings. The FOMC has two meetings left this year.
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Fort Myers Beach
Fort Myers Beach and Iona-McGregor voters will decide whether to merge their fire districts on Nov. 3
A Nov. 3 referendum will decide whether the Fort Myers Beach Fire Control District is abolished and its territory, assets and liabilities move into the Iona-McGregor district.
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Lehigh Acres
Two-vehicle crash closed eastbound Lee Boulevard at 1st Street West, sheriff said
The Lee County Sheriff's Office reported injuries and an eastbound closure after a two-vehicle crash at Lee Boulevard and 1st Street West on Tuesday night.
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Bonita Springs
Six-vehicle crash closed intersections at Bonita Beach and Industrial roads, sheriff said
The Lee County Sheriff's Office reported injuries and intersection closures after a six-vehicle crash at Bonita Beach Road and Industrial Road on Wednesday.
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Fort Myers
I-75 mile marker 138 roadway clears after injury crash in Fort Myers
Florida Highway Patrol marked the roadway clear after an injury crash at Interstate 75 mile marker 138 in Fort Myers briefly blocked inside lanes in both directions.
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North Fort Myers
FHP no longer lists a crash that blocked all westbound Bayshore Road lanes at Del Webb Oak Creek Boulevard
A crash blocked all westbound lanes of Bayshore Road at Del Webb Oak Creek Boulevard in North Fort Myers. The Florida Highway Patrol no longer lists the incident.
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Cape Coral
Cape Coral opens a precautionary boil water area near 1123 SE 14th Street after a water main break
Cape Coral lists an active precautionary boil water area near 1123 SE 14th Street after a water main break. The city has not posted a rescission.
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Personal Finance
Florida says a milestone inspection with no repair recommendations cannot pause condo reserves
Florida's condominium regulator says a milestone inspection with no recommended repairs does not authorize an association to pause or reduce structural reserve funding.
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North Fort Myers
Florida Highway Patrol no longer lists the southbound I-75 lane blockage at mile marker 144 in North Fort Myers
Florida Highway Patrol no longer lists the crash that had partially blocked the left lane of southbound Interstate 75 at mile marker 144 in North Fort Myers.
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Cape Coral
Cape Coral lifts the boil water notice near 410 Del Prado Boulevard North
Cape Coral rescinded the precautionary boil water notice near 410 Del Prado Boulevard North at 8:48 a.m. Thursday. The city now lists no active notice areas.
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Finance
Crescent agrees to buy Devon's Eagle Ford assets for $4.22bn in cash
Crescent Energy agreed to pay $4.22bn in cash for Devon Energy's Eagle Ford assets. After production proceeds from a July 1 effective date, Crescent estimates a net purchase price near $3.85bn.
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Finance
PepsiCo cuts 2026 core EPS growth outlook to 2.5 to 3.5 percent
PepsiCo lowered its full-year core EPS growth outlook to 2.5 to 3.5 percent from the low end of a prior 5 to 7 percent range. Third-quarter revenue rose 5.6 percent to $25.27bn.
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Estero
Estero says 2,900 residential units, two hotels and a 23-story tower are in its development pipeline
Estero's current development pipeline includes 2,900 residential units, two hotels, a 23-story high-rise and 300,000 square feet of commercial space.
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Fort Myers
Heavy rain could cause localized flooding across Southwest Florida on Thursday
The National Weather Service says repeated heavy downpours could cause localized flooding Thursday, with a quick 2 to 4 inches possible in isolated locations.
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Finance
Foreign investors sold a net ¥7.0tn of Japanese securities in September
Foreign investors sold a net ¥6.9978tn of Japanese securities in September, with equity and fund-share sales outweighing purchases of long-term debt, Ministry of Finance data show.
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SW Florida
Coastal flooding could put water on low roads in Collier County through Friday evening
The National Weather Service says isolated minor coastal flooding could put water on low-lying roads and property in coastal Collier County through Friday evening.
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Economics
Korea's August current account surplus rises to $46.11bn as exports climb 82.1 percent
South Korea's current account surplus rose to $46.11bn in August as balance-of-payments exports climbed 82.1 percent from a year earlier. The eight-month surplus reached $279.20bn.
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Bonita Springs
FHP no longer lists the Bonita Beach Road crash roadblock at Quails Nest Lane
Florida Highway Patrol no longer lists the crash that blocked eastbound Bonita Beach Road at Quails Nest Lane in Bonita Springs late Wednesday.
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Fort Myers
Florida Silver Alert asks Lee County drivers to watch for a blue Toyota Corolla with tag LISV59
Florida Highway Patrol is broadcasting an active Silver Alert through its Fort Myers center for a blue 2004 Toyota Corolla with Florida tag LISV59.
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Finance
Samsung guides third-quarter operating profit to KRW 107.4tn, above its second-quarter record
Samsung Electronics estimated third-quarter sales at KRW 195tn and operating profit at KRW 107.4tn. The profit figure is 20 percent above the second quarter and nearly nine times the year-earlier period.
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Technology
Applied Digital revenue reaches $341.9m as debt rises to $6.4bn
Applied Digital reported $341.9m of fiscal first quarter revenue and a $221m net loss attributable to common stockholders. It ended August with $3.7bn of cash and restricted cash against $6.4bn of debt.
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Finance
Healthcare Services Group buys NEXDINE for $93.5m
Healthcare Services Group bought NEXDINE Hospitality for $93.5m in cash, plus possible contingent consideration. The buyer expects the acquired dining and hospitality business to contribute more than $150m in annual revenue.
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Naples
FHP clears a hit-and-run crash on southbound I-75 at mile marker 112 in Naples
Florida Highway Patrol cleared a crash on southbound I-75 at mile marker 112 in Naples after classifying it as hit-and-run. The board had listed the roadblock status as unknown.
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Small Business
FTC and USDA ask farmers about equipment sales, service and retaliation
The FTC and USDA opened a farm-equipment market inquiry covering territorial restrictions, dealer consolidation, repair access and retaliation. Comments are due December 7 at 11:59 p.m. Eastern.
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Tech
Wolfspeed gets conditional $1.5 billion government loan commitment
Wolfspeed received a conditional commitment for up to $1.5 billion in 30-year government financing. Funding would require warrants for up to 7.5 percent of fully diluted equity.
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Finance
Rivian draws $1 billion Volkswagen loan at 6.03 percent
Rivian received the full $1 billion from a Volkswagen-funded 10-year loan facility. The non-recourse loan carries a 6.03 percent fixed rate and is secured by Rivian's joint-venture stake.
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Naples
Naples flood advisory ends after 3 to 4 inches of rain
The flood advisory for Naples and East Naples ended at 5 p.m. after 3 to 4 inches of rain fell and city streets flooded.
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Naples
A flood advisory covered Naples and East Naples until 4 p.m. after 2 to 3 inches of rain
A National Weather Service flood advisory covered Naples and East Naples until 4 p.m. after 2 to 3 inches of rain fell.
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Finance
U.S. revolving credit fell at a 4.2 percent annual rate in August
U.S. consumer credit increased at a 1.9 percent annual rate in August, the Federal Reserve reported. Revolving credit fell 4.2 percent, while nonrevolving credit grew 4.1 percent.
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Technology
Treasury announces first outbound-investment penalty, $200,000 against Amidi
Treasury announced its first civil penalty under the outbound-investment program, a $200,000 action against Amidi over a controlled foreign entity's $92,478 investment in a Chinese embodied-AI company.
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Economics
Most Fed participants saw another rate increase as likely by year-end
September meeting minutes show most Fed participants thought another rate increase would likely be appropriate by year-end, after all backed the quarter-point move to 3.75 to 4 percent.
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Fort Myers
FHP removes the Daniels and Chamberlin crash entries from its active incident board
Florida Highway Patrol has removed both crash entries at Daniels and Chamberlin parkways from its active incident board. One entry had earlier marked the westbound inside lane clear.
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Cape Coral
Cape Coral lifts boil-water notices near SE 12th Avenue and SW 8th Place while one Del Prado area remains active
Cape Coral has rescinded precautionary boil-water notices near 3722 SE 12th Avenue and 5004 SW 8th Place. A separate Del Prado Boulevard area remains active.
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Small Business
CBP proposes electronic filings and bonds for imports valued at $2,500 or less
Customs and Border Protection proposed electronic entry deadlines, new mail-shipment data and bonds for informal imports valued at $2,500 or less. The agency estimates first-year private costs above $1bn.
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Economics
DHS proposes $70,000 fee for a school's first OPT recommendation
Homeland Security proposed charging schools $70,000 for an F-1 student's first Optional Practical Training recommendation and $30,000 for each later recommendation, including a STEM extension.
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Finance
Azenta plans three laboratory closures and $11m in annual savings
Azenta will close three North American Multiomics laboratories and reduce its workforce. The company expects $11m to $13m in charges and about $11m in annual savings.
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Lehigh Acres
Lehigh Acres Fire will hire 21 firefighters with a $4.2 million federal grant, Moody's office says
Lehigh Acres Fire Control and Rescue District received $4.2 million through FEMA's SAFER program to hire 21 new firefighters.
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North Fort Myers
Lee County awards $50 million for Greenwell park while revisiting the building plan
Lee County awarded $50 million in federal disaster-recovery money for Mike Greenwell Regional Park, while commissioners asked staff to revisit the proposed building size at a workshop.
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Lehigh Acres
Lee County awards $1.53 million to pave 94 Lehigh Acres road segments
Lee County awarded a $1,528,750 contract to pave 94 Lehigh Acres road segments covering about 21.1 lane miles, with work expected to start in November.
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World
UK proposes duties up to 63.66% on Chinese titanium dioxide
Britain's Trade Remedies Authority proposed five-year duties of 48.29 percent or 63.66 percent on Chinese rutile titanium dioxide after finding dumped imports threaten UK producers.
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Finance
Venture Global sells 465.8 TBtu of LNG as fixed fee rises to $6.79
Venture Global sold 465.8 TBtu of LNG and exported 124 cargoes in the third quarter. Volume was nearly unchanged from the second quarter, while the implied fixed liquefaction fee rose.
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Economics
Euro area services production rebounds 0.4% in July
Euro area services production rose 0.4 percent in July after falling 0.3 percent in June. Professional and technical services led the monthly gain, while transportation and storage declined.
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Finance
Pennon launches £550m rights issue and cuts per-share dividend about 30%
Pennon launched a fully underwritten £550m rights issue to support a larger water investment plan and lower leverage. The company expects an underlying per-share dividend reduction of about 30 percent.
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Economics
German industrial production rises 2.0% as construction offsets autos
German industrial production rose 2.0 percent in August as construction and machinery output increased. Automotive production fell, while total output stood 2.3 percent above its year-earlier level.
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Economics
RBI raises repo rate 25 basis points to 5.50%
India's central bank raised the policy repo rate 25 basis points to 5.50 percent and moved to calibrated tightening as it projected higher inflation and stronger growth.
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World
Russia says unmanned vessels hit Aframax Rio, leaving oil burning in Black Sea
Russia's Transport Ministry said unmanned vessels attacked the Liberia-flagged Aframax Rio off the Black Sea coast. All 23 crew members were rescued as oil burned on the water.
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Technology
AMD says its South Korea AI center will hire hundreds of researchers
AMD said its planned South Korean AI center will hire hundreds of researchers. The company identified MangoBoost as its first cloud infrastructure partner but disclosed no location, timetable or investment amount.
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Ochopee
FHP clears the right-lane roadblock on northbound I-75 after an injury crash near Ochopee
Florida Highway Patrol says the right-lane roadblock is cleared on northbound I-75 at mile marker 63 near Ochopee after an injury crash.
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North Fort Myers
Lee County deputies remove 30 dogs from a North Fort Myers home; a woman faces 31 charges
The Lee County Sheriff's Office says deputies removed 30 living dogs and one dead dog from a North Fort Myers home. A woman faces 31 charges.
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Technology
FAA orders 15 A380 engine seals replaced after an uncontained failure
The FAA will require replacement of 15 high-pressure turbine seals after an Engine Alliance-powered Airbus A380 aborted takeoff following an uncontained failure. The agency estimates each replacement at $528,150.
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Finance
Fair Isaac will eliminate about 15 percent of company positions
Fair Isaac will eliminate about 15 percent of positions across the company. It expects roughly $27m of pretax severance and related costs, substantially all of which will require future cash spending.
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Immokalee
FHP lists an injury crash on northbound I-75 at Collier County mile marker 53 with no roadblock
Florida Highway Patrol lists a crash with injuries on northbound I-75 at mile marker 53 in Collier County and says there is no roadblock.
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Fort Myers
Tropical Depression Nine forms in the Gulf with a dangerous hurricane forecast near the northern Gulf Coast
The National Hurricane Center began advisories on Tropical Depression Nine in the Gulf on Tuesday. It forecasts hurricane strength Thursday and a dangerous hurricane near the northern Gulf Coast Friday. No coastal watch is in effect, but watches could be issued Wednesday.
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Fort Myers
FHP says northbound I-75 is clear after a crash near Fort Myers mile marker 131
Florida Highway Patrol says the roadway is clear after a crash on northbound I-75 near mile marker 131 in Fort Myers.
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Finance
Constellation buys SpikedAde for $75m plus up to $278m contingent
Constellation Brands paid $75m at closing for SpikedAde and may pay up to $278m more over five years based on performance. The ready-to-drink brand will be integrated into Constellation's beer division.
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Finance
Caribou stops two cell therapy programs and starts a substantial workforce reduction
Caribou Biosciences will stop its two allogeneic CAR-T programs and make a substantial workforce reduction. It expects $15m to $19m of restructuring costs while its board explores a sale or other transaction.
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Finance
Curaleaf raises its Aurora Cannabis bid to $5 a share
Curaleaf increased its offer for Aurora Cannabis to 0.4013 shares plus $1 cash per Aurora share, an implied $5. The previous offer was 0.3463 shares plus 75 cents, valued at $4.
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Estero
A vehicle fire spread inside FGCU Parking Garage 2, damaging three vehicles before crews put it out
San Carlos Park fire officials say crews extinguished a vehicle fire in FGCU Parking Garage 2 after it spread and damaged three vehicles. No injuries were reported.
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Naples
Northbound I-75 is clear at mile marker 101 in Naples after a right-lane roadblock
Florida Highway Patrol no longer lists the construction roadblock that blocked the right lane of northbound Interstate 75 at mile marker 101 in Naples.
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Finance
Skydance closes Warner Bros. Discovery takeover at $31.01666668 a share
Skydance completed its acquisition of Warner Bros. Discovery. Eligible WBD shares converted to $31.01666668 in cash, and WBD stock was removed from Nasdaq before Tuesday's open.
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Technology
HubSpot will cut nearly 660 roles, about 7 percent of its workforce
HubSpot will eliminate nearly 660 roles, about 7 percent of its workforce, under a restructuring expected to cost $65m to $75m. Most charges are due in the fourth quarter.
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Economics
USTR keeps two 2018 China tariff actions in force after 162 requests
USTR said two Section 301 actions imposed in 2018 will remain in force after domestic industries filed 162 continuation requests. A separate statutory review could still modify them.
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Economics
U.S. trade deficit widened to $105.6bn as imports rose faster than exports
The U.S. goods and services deficit widened $12.7bn to $105.6bn in August. Imports rose $17.2bn, outpacing a $4.5bn increase in exports after July's total was revised.
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Immokalee
A six-year-old Florida panther found dead on SR 29 is the state's 12th panther loss of 2026
FWC recorded a six-year-old male Florida panther found dead along SR 29 near Farm Worker Way in Collier County. The agency lists a vehicle collision as the cause.
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Finance
Sanofi pays Regeneron $1bn upfront and sets $7bn of antibody milestones
Sanofi will pay Regeneron $1bn upfront after adding four long-acting antibodies to their collaboration. Another $7bn depends on development, regulatory and commercial milestones, and global profit will be split equally.
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Finance
HighPeak lines up $450m preferred investment and $800m credit facility
HighPeak Energy signed agreements for $450m of convertible preferred equity and an $800m reserve-based credit facility. The company expects to use the new capital and cash to repay a $1.17bn term loan.
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Immokalee
Collier commissioners direct staff to pursue a $7.81 million Wildflowerz Ranch acquisition near Immokalee
Collier commissioners directed staff to pursue the seller's $7.81 million Wildflowerz Ranch proposal, which would place roughly 625 acres near Immokalee into Conservation Collier.
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Economics
Euro area retail volume rose 0.1% in August as fuel sales fell
Euro area retail volume rose 0.1 percent in August, recovering a fraction of July's decline. Nonfood sales increased 0.5 percent while automotive-fuel sales fell 1.9 percent.
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Finance
Informa agrees £2.24bn Clarion deal and reviews Taylor & Francis separation
Informa agreed to buy Clarion from Blackstone at a £2.24bn enterprise value and began reviewing a separation of Taylor & Francis. The company will fund the deal partly through a £940m equity placing.
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Economics
Ueda says the Bank of Japan will keep raising rates as inflation nears 2%
Governor Kazuo Ueda said the Bank of Japan will keep raising its policy rate if its outlook holds. He said underlying inflation is nearing 2% and overshooting risks now deserve more attention.
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Finance
South Korea's reserves fall $1.72bn as assets move to Korea-US investment vehicle
South Korea's official reserves fell to $440.56bn in September. The central bank cited lower foreign-currency deposits, an asset transfer to a bilateral investment corporation and currency translation.
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Fort Myers
Roger Polo De La Cruz receives two consecutive life sentences in Fort Myers attempted-murder case
The State Attorney's Office says Roger Antonio Polo De La Cruz was adjudicated guilty and sentenced to two consecutive life terms for two counts of attempted second-degree murder.
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Ochopee
All lanes reopen on northbound I-75 at mile marker 61 near Ochopee
Florida Highway Patrol says all lanes are open after a crash on northbound Interstate 75 at mile marker 61 near Ochopee.
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Economics
IMF models a 2.1% to 2.7% long-run GDP gain from removing tax penalties on investment
The Fiscal Monitor estimates that removing tax-induced increases in capital costs could lift long-run GDP by 2.1% to 2.7%. Its other modeled reforms target VAT, work incentives and tax administration.
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Finance
CFTC opens rulemaking for federally regulated crypto trading markets
The commodities regulator opened advance rulemaking on retail crypto transactions and a new exchange-registration category. Comments will run for 60 days after the notice reaches the Federal Register.
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Cape Coral
Cape Coral lifts two boil-water notices at 801 Cape Coral Parkway West
Cape Coral rescinded two precautionary boil-water notices at 801 Cape Coral Parkway West on Monday morning.
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Cape Coral
Cape Coral lists active boil-water areas near Del Prado Boulevard and SW 8th Place
Cape Coral's active-notice map lists precautionary boil-water areas near 410 Del Prado Boulevard North and 5004 SW 8th Place after water main breaks.
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Estero
FHP marked southbound I-75 clear near mile marker 124 in Estero after a crash roadblock
Florida Highway Patrol marked southbound Interstate 75 clear near mile marker 124 in Estero after a crash roadblock Monday morning.
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Fort Myers
Lee County deputies seek Richard Dellatore, 51, whom the sheriff's office calls missing and endangered
The Lee County Sheriff's Office is asking the public to help locate Richard Dellatore, 51, whom the agency describes as missing and endangered.
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Marco Island
Marco Island's new budget keeps the tax rate flat and raises police and fire pay 6 percent
Marco Island's fiscal 2027 budget is now in effect with an approximately $34.3 million General Fund, a 1.2670 mill tax rate and 6 percent raises for police and fire rescue employees.
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Cape Coral
Cape Coral lifts two boil-water notices at 801 Cape Coral Parkway West
Cape Coral rescinded two precautionary boil-water notices at 801 Cape Coral Parkway West on Monday morning.
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Cape Coral
Cape Coral lists three active boil-water areas after two new map entries appeared Sunday
Cape Coral's live map lists three active precautionary boil-water areas, including entries near 410 Del Prado Boulevard North and 5004 SW 8th Place.
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Finance
C.H. Robinson agrees to buy RXO in a $5.8bn cash-and-stock deal
C.H. Robinson agreed to buy RXO for cash and shares in a transaction with an implied $5.8bn value. The standard consideration is $17.25 plus 0.0856 C.H. Robinson shares for each RXO share.
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Fort Myers
FHP no longer lists the I-75 lane-blocking crash near Fort Myers mile marker 138
Florida Highway Patrol no longer lists the crash that blocked the middle and left northbound I-75 lanes near mile marker 138 in Fort Myers.
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Technology
Schneider Electric agrees to buy PTC for $22.6bn in cash
Schneider Electric agreed to pay $205 in cash for each PTC share, valuing the industrial-software company's equity at about $22.6bn. Closing is expected by the third quarter of 2027.
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Finance
SEC proposes broader performance fees for accredited investors and funds
The SEC proposed letting more clients and regulated funds pay investment advisers performance fees. The plan would add accredited investors to the qualified-client definition and cap fund performance compensation at 20 percent of net gains.
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Finance
FinCEN withdraws crypto mixer and unhosted wallet reporting proposals
FinCEN withdrew its 2023 crypto-mixer reporting proposal and a 2020 proposal for transfers involving unhosted wallets. Neither proposal took effect, and FinCEN said it will take no further action on the older wallet rule.
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Fort Myers
The sheriff's office announced a short Alico Road closure at WildBlue Boulevard for debris cleanup Monday afternoon
All lanes of Alico Road at WildBlue Boulevard were closed for debris cleanup Monday afternoon, with the sheriff's office estimating about 30 minutes.
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Finance
Health plans move public price files from monthly to quarterly updates
Federal agencies finalized quarterly health-plan price files, new utilization context and named-official attestations. The main requirements apply March 6, 2027, with $254.9m in estimated annual savings against $80.4m in annual costs.
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Fort Myers
Northbound I-75 Exit 128 is clear after an injury crash blocked the ramp in Fort Myers
Florida Highway Patrol lists the roadway clear after an injury crash blocked the northbound exit ramp at Interstate 75 Exit 128 in Fort Myers.
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Finance
FIRY sold its Exit Games stake for $55m after investing $50m in 2021
FIRY received $55 million in cash for its entire 10.5 percent stake in Exit Games, realizing a 1.1 times return on the $50 million investment made in 2021.
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Finance
GE HealthCare agrees to buy SOFIE Biosciences for $945m cash
GE HealthCare agreed to buy SOFIE Biosciences for $945m cash, adding a United States network for manufacturing and distributing short-lived PET imaging drugs and domestic rights to a Phase III tracer.
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Finance
Nasdaq will suspend Leslie's shares Tuesday after Chapter 11 filing
Leslie's said Nasdaq will suspend its shares Tuesday after the pool-supplies retailer entered Chapter 11, while court-approved financing includes a $90m term facility and $225m of revolving commitments.
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Finance
Lucid delivered 3,806 vehicles after producing 2,954 in the third quarter
Lucid delivered 3,806 vehicles and produced 2,954 in the third quarter, using existing inventory as it continued an operating reset designed to improve 2026 cash flow.
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Finance
OFAC removes 125 names from sanctions lists and updates 22 entries
OFAC removed 125 people and entities from sanctions lists and updated 22 entries, continuing a Treasury review aimed at clearing defunct records and improving identifiers for compliance screening.
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World
North Korea says hypersonic missile hit a target 1,000 kilometers away
North Korean state media said an intermediate-range missile hit a target 1,000 kilometers away. South Korea had measured a flight of more than 700 kilometers from the Wonsan area.
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World
Iran's rial weakens past 2.68 million per dollar in open market
Iran's rial weakened more than 2 percent against the U.S. dollar in Saturday open-market data. Bonbast listed the dollar at 2.688 million rials, while Alanchand showed a 2.695 million rial selling rate.
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Fort Myers
FHP no longer lists the Ben C. Pratt Parkway roadblock from Saturday's fatal crash
Florida Highway Patrol no longer lists the Ben C. Pratt Parkway roadblock from Saturday's fatal crash near Daniels Parkway.
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Cape Coral
Cape Coral lifts two boil-water notices at 801 Cape Coral Parkway West
Cape Coral rescinded two precautionary boil-water notices at 801 Cape Coral Parkway West on Monday morning.
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Economics
Vietnam says third-quarter GDP grew 9.95 percent from a year earlier
Vietnam's statistics office estimates third-quarter GDP grew 9.95 percent from a year earlier, taking nine-month growth to 9.01 percent. The prime minister says fourth-quarter growth must exceed 12.5 percent to meet the annual target.
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World
UAE says Flydubai co-pilot used crash axe in attempted terrorist act
The UAE attorney-general says a Flydubai co-pilot attacked the captain with a crash axe and tried to take the controls. Investigators have not yet established the motive or any related links.
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World
Two tanker masters report projectile strikes near Hormuz within 11 hours
UKMTO received two reports of tankers being hit by unknown projectiles near the Strait of Hormuz within 11 hours. One suffered a small fire and blackout; crews in both reports were safe.
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Bonita Springs
Deputies remain at a crash call on US 41 at Terry Street after a rollover closed the northbound lanes in Bonita Springs
The Lee County Sheriff's Office live traffic feed still lists a crash at Tamiami Trail and Terry Street with deputies marked arrived. Gulf Coast News reported that a rollover had closed the northbound lanes, but the road is no longer fully closed.
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World
US-Ukraine fund backs a critical-minerals platform and grid projects
The joint reconstruction fund approved a critical-minerals platform with BGV Group, an investment in community heat and power hubs, and financing for DTEK's operational battery-storage system.
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Naples
Florida Highway Patrol no longer lists the Airport Road crash roadblock at Longboat Drive in Naples
Florida Highway Patrol no longer lists the vehicle crash and roadblock that appeared at Airport Road North and Longboat Drive in Naples Friday evening.
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Finance
Live Nation contract sets Rapino's annual target pay at $60m or more
Live Nation's new Michael Rapino contract runs through 2031 and sets annual target compensation at $60m or more from 2027, plus a $20m upfront restricted-stock-unit award.
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Accounting
GlobalTech says its 2025 loss was $11.55m, not $3.15m
GlobalTech will restate its 2025 accounts after adding an $8.40m deferred-tax valuation allowance. The change lifts the reported annual loss to $11.55m but does not affect revenue, cash or liquidity.
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Small Business
NOAA raises 2026 Gulf red grouper commercial quota to 4.28m pounds
NOAA's final rule raises this year's Gulf red grouper commercial quota to 4.28m pounds, changes the sector allocation, and removes a seasonal closure that mainly constrained recreational red grouper fishing.
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Cape Coral
Cape Coral Parkway properties may lose water pressure for 12 hours Saturday
Cape Coral says properties along Cape Coral Parkway between Palm Tree and Chiquita may have little to no water pressure from about 9 a.m. to 9 p.m. Saturday.
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Business
Amazon adds more than $1bn for US data center communities
Amazon will add more than $1bn over five years for education, workforce training, energy upgrades and local priorities in US communities where it operates data centers.
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Finance
Nasdaq will suspend Direct Digital shares at Monday's open
Direct Digital says Nasdaq will suspend its shares Monday after the company failed to meet the minimum stockholders' equity rule. It expects DRCT to move to OTC Pink.
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World
White House revokes four Lebanon aviation-security determinations dating to 1985
A new presidential determination revokes four earlier US aviation-security directives involving Lebanon. The transportation secretary must immediately remove rules and orders that conflict with the change.
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Economics
US factory orders edged up 0.1 percent in August as backlogs kept growing
New factory orders increased 0.1 percent to $663.5bn in August. Unfilled orders rose 0.6 percent, while shipments were virtually unchanged after eight consecutive monthly increases.
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Personal Finance
CMS sets mandatory global-price test for selected Medicare Part B drugs from April 2027
CMS finalized a mandatory Medicare Part B drug-pricing model using international benchmarks. The five-year performance period starts April 1, 2027.
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Economics
US payrolls add 29,000 in September as unemployment holds at 4.2 percent
US payrolls rose by 29,000 in September, while unemployment held at 4.2 percent. July and August employment was revised down by a combined 60,000.
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Fort Myers
Southbound I-75 is clear at mile marker 127 after a crash blocked the inside lane
Florida Highway Patrol now lists southbound Interstate 75 clear at mile marker 127 in Fort Myers after a crash blocked the inside lane.
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Finance
EchoStar says DISH DBS has emerged from bankruptcy after cutting debt by about $4.35bn
EchoStar's DISH DBS subsidiaries emerged from Chapter 11 on October 1 after reducing aggregate debt by about $4.35bn. The separate DISH Wireless cases are not included.
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Economics
Euro area inflation rises to 3.8 percent as energy rate reaches 18.8 percent
Euro area inflation rose to an estimated 3.8 percent in September from 3.2 percent in August. Energy prices recorded an 18.8 percent annual increase.
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Cape Coral
Cape Coral lists an active boil-water advisory near SE 12th Avenue after a water main break
Cape Coral's active-notice map lists a precautionary boil-water advisory area near 3722 SE 12th Ave. after a water main break.
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Economics
Tokyo inflation rises to 2.7 percent as water charges jump 65.6 percent
Tokyo consumer prices rose 2.7 percent in September after a 1.9 percent August increase. Water charges jumped 65.6 percent and added 0.24 percentage points to the annual rate.
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Economics
Japan's jobless rate rises to 2.5 percent as employment returns to yearly growth
Japan's seasonally adjusted jobless rate rose to 2.5 percent in August, while employment increased by 140,000 from a year earlier after showing no annual growth in July.
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Finance
Nextdoor moves its stock listing from NYSE to Nasdaq on October 14
Nextdoor will end trading on the New York Stock Exchange after October 13 and move to the Nasdaq Capital Market the next morning. Its NXDR ticker will stay.
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Finance
SEC proposes self-custody route for advisers holding client crypto
The SEC proposed allowing registered advisers to self-custody client crypto assets when no permitted custodian is available. The plan also creates a route for state trust companies.
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Personal Finance
Treasury automatically enrolls more than 60 million children in Trump Accounts
Treasury says it completed automatic enrollment for Trump Accounts, leaving more than 60 million additional eligible children with accounts that a parent or guardian can claim.
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Small Business
CBP seeks to extend tariff refund worksheet for 330,000 importers
CBP estimates 330,000 importers or brokers will file 495,000 CAPE declarations a year as it extends the worksheet used for court-ordered IEEPA tariff refunds.
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Technology
AI agents now make half of FRED visits as traffic grows 150 percent
Federal Reserve Governor Christopher Waller said AI agents now account for about half of visits to FRED. The data service has introduced an MCP connector for AI systems.
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Finance
FinCEN proposes blocking fund transfers involving A7-controlled companies
FinCEN proposes barring covered US financial institutions from transmitting funds involving companies it finds are controlled by the A7 Network. OFAC separately added the network to its sanctions list.
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Estero
Bomb squad clears Estero post office after an unattended container proves empty
The Lee County Sheriff's Office says its bomb squad cleared the Estero post office after finding that an unattended container in the lobby held nothing hazardous.
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North Fort Myers
Northbound I-75 is clear at mile marker 143 after a crash blocked a left-turn lane
Florida Highway Patrol now lists northbound Interstate 75 clear at mile marker 143 in North Fort Myers after a crash blocked an inside left-turn lane.
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SW Florida
Lee County storm statements warned of gusts up to 50 mph through 1:15 p.m.
Two National Weather Service statements warned of strong thunderstorms with wind gusts up to 50 mph in coastal and inland Lee County. The second statement expired at 1:15 p.m.
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Technology
America.gov order sets one portal for high-volume federal services
A new executive order directs GSA to build America.gov around Login.gov for online services used by more than 100,000 people a year. Tax filing, defense and intelligence services are excluded.
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Technology
White House orders executive branch to replace AI with Super Intelligence
Executive Order 14434 directs agencies to use Super Intelligence and SI instead of artificial intelligence terminology in non-statutory documents. A proposed legislative definition is due to the president within 60 days.
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World
US sets fiscal 2027 refugee ceiling at 17,500, primarily for Afrikaners
The fiscal 2027 refugee ceiling is 17,500. A presidential determination says admissions will primarily be allocated to Afrikaners from South Africa and remain subject to existing screening and entry restrictions.
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Naples
Collier Boulevard is clear at Pine Ridge Road after an injury crash
Florida Highway Patrol now lists Collier Boulevard clear at Pine Ridge Road in Naples after a crash classified as involving injuries and a roadblock.
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North Fort Myers
Bayshore Road is clear at Park 78 Drive after a late-morning crash blocked part of the road
The Florida Highway Patrol lists Bayshore Road as clear at Park 78 Drive after a crash caused a partial roadblock late Thursday morning.
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Naples
Northbound I-75 is clear at mile marker 98 after a vehicle fire caused a complete roadblock
The Florida Highway Patrol lists northbound Interstate 75 as clear at mile marker 98 in Collier County after a vehicle fire caused a complete roadblock.
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Tax
IRS scholarship credit rules allow multistate groups without physical offices
Temporary IRS rules treat a scholarship group as located in a state when it is authorized to do business there. Donors must designate cash contributions and receive a unique number.
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Economics
US construction spending remains 3.1 percent below 2025 through August
Construction spending totaled $1.450tn through August, down 3.1 percent from the same period of 2025. The monthly estimate rose 0.9 percent, but that change was statistically uncertain.
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Economics
Initial claims edge down to 197,000 as continuing claims fall to 1.70 million
Initial unemployment claims fell by 1,000 to 197,000 in the week ending September 26. Continuing claims fell by 11,000 to 1.701 million one week earlier.
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Bonita Springs
Lee booking record confirms an arrest after a Bonita Springs AI threat report
Lee County jail records verify an arrest on a written-threat charge after Gulf Coast News reported that an AI platform flagged messages directed at the sheriff's office.
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Marco Island
NWS wind statement from Marco Island to Alligator Alley expired at 10:45 a.m.
A National Weather Service statement for 45 to 50 mph wind gusts across parts of Collier County expired at 10:45 a.m. Thursday.
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Naples
Florida Highway Patrol no longer lists the southbound US 41 crash roadblock in Naples
Florida Highway Patrol no longer lists the southbound US 41 crash roadblock in Naples that appeared on its incident board Thursday morning.
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Cape Coral
Cape Coral lifts the boil-water notice at 3308 Southeast Santa Barbara Place
Cape Coral has rescinded the boil-water notice at 3308 Southeast Santa Barbara Place. The advisory at 1901 Diplomat Parkway East remains active.
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Personal Finance
Florida's condo reserve rule takes effect with mandatory SIRS funding forms
Florida's amended condominium reserve rule takes effect October 4. Mandatory forms will record each SIRS funding method and whether it leads to an assessment or borrowing.
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Estero
Estero's US 41 and Pelican Sound signal remains tied to development as a resident presses for action
Estero's traffic study recommends a signal at US 41 and Pelican Sound Drive after development east of the highway is completed. It gives no construction date.
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Lehigh Acres
Lee records an indecent-exposure arrest after a report near a Lehigh Acres child care center
Lee County jail records verify an arrest on an indecent-exposure charge after Gulf Coast News reported that a parent saw a man without pants near a Lehigh Acres child care center.
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Naples
Evolve Construction denies Florida allegations over hurricane-repair contracts and payments
Attorneys for Naples-based Evolve Construction deny state allegations that the contractor used unfair or deceptive practices after Hurricane Ian.
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Bonita Springs
Bonita Springs will shift East Terry Street traffic overnight October 6 while keeping the road open
Bonita Springs plans an overnight traffic shift on East Terry Street from Imperial Parkway east to Interstate 75 beginning at 7 p.m. October 6.
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Lehigh Acres
Lehigh Community Services receives a $10,000 grant to start an emergency generator fund
Lehigh Community Services says a $10,000 grant from Safeco Insurance and Liberty Mutual will launch the nonprofit's new Emergency Generator Fund.
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Naples
A crash is partially blocking northbound I-75 at mile marker 102 in Collier County
Florida Highway Patrol's live incident board lists a vehicle crash and a partial northbound roadblock on Interstate 75 at mile marker 102 in Collier County.
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Finance
Lyft agrees to $272.5m California driver settlement, subject to court approval
Lyft agreed to pay $272.5m to resolve California driver-misclassification allegations from 2016 through 2020. The proposed settlement requires court approval and contains no admission or prospective operating commitments.
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Economics
Swiss prices held flat in September as annual inflation reached 1 percent
Switzerland's consumer price index was unchanged in September at 101.5. Annual inflation rose to 1.0 percent as higher fuel costs were offset by cheaper travel and lodging.
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Small Business
Britain opens electricity-cost relief applications for more than 10,000 manufacturers
Britain opened applications for an electricity-cost relief scheme aimed at more than 10,000 manufacturers. Eligible sites must apply by November 30 for support beginning in 2027.
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Economics
Euro area home-loan borrowing cost rises six basis points to 3.60 percent
The composite cost of new euro area home loans rose six basis points to 3.60 percent in August. New consumer-loan rates increased 33 basis points to 7.92 percent.
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Lehigh Acres
A Lee County pursuit ended with a deputy striking a Lehigh Acres barbershop
A Lee County deputy struck a Lehigh Acres barbershop during a pursuit that ended in an arrest, Gulf Coast News reports. The sheriff's booking record lists three charges in the case.
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Lehigh Acres
Lee records one arrest after realtors report a robbery during a Lehigh Acres home showing, while four other people remain sought
Lee County jail records verify one arrest on seven charges after Gulf Coast News reported that two realtors were assaulted and robbed during a Lehigh Acres home showing. The outlet says four other people remain sought.
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Economics
Australia's goods surplus narrowed to A$495m as imports outpaced exports
Australia's seasonally adjusted goods surplus narrowed by A$856m to A$495m in August. Exports rose 3.7 percent, while imports increased 5.8 percent.
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Naples
FHP says Golden Gate Parkway is clear after fatal crash at Estuary Boulevard
The Florida Highway Patrol still classifies the crash at Golden Gate Parkway and Estuary Boulevard in Naples as a fatality, but its incident board now says the roadway is clear.
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Fort Myers
FHP says roadway clear after a disabled vehicle blocked the middle lane of I-75 northbound in Fort Myers
The Florida Highway Patrol says the roadway is clear after a disabled vehicle blocked the middle northbound lane of Interstate 75 at mile marker 140 in Fort Myers.
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Pine Manor
Lee record shows murder and aggravated-assault charges dropped in Pine Manor shooting case
The Lee County booking record lists a second-degree murder charge and two aggravated-assault charges as nolle prosequi in a Pine Manor shooting case. Two drug-possession charges remain under a separate case number.
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Lehigh Acres
Lee County deputy hit a Lehigh Acres barbershop during a pursuit; a driver faces three charges
A Lee County deputy struck a Lehigh Acres barbershop during a pursuit that ended with an arrest. The county booking record lists three traffic-related charges.
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Fort Myers
Two right lanes are blocked on northbound I-75 near mile marker 129 in Fort Myers
The Florida Highway Patrol incident board lists two right lanes blocked for construction on northbound Interstate 75 near mile marker 129 in Fort Myers.
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Personal Finance
CMS finalizes Part B drug model covering 25 percent of Original Medicare
CMS finalized a mandatory drug-payment model using international prices in selected Part B rebate calculations. It will cover about 25 percent of Original Medicare beneficiaries and may lower cost sharing from April 2027.
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Economics
South Korea's September exports reach record $120.94bn
South Korea exported a record $120.94bn in September, up 83.5 percent from a year earlier. Imports rose 26 percent, leaving a record $49.85bn trade surplus.
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Economics
Japan's large manufacturers lift Tankan sentiment index to 24
The Bank of Japan's Tankan showed sentiment among large manufacturers rising to 24 in September. Large service companies slipped to 35, while companywide investment plans remained firm.
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SW Florida
Minor coastal flooding could put water on Collier County roads through Thursday morning
The National Weather Service says isolated minor coastal flooding could put water on low-lying roads and property in coastal Collier County through Thursday morning.
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North Fort Myers
FHP no longer lists a morning crash that blocked a lane on Bayshore Road at Park 78 Drive
The Florida Highway Patrol removed a Bayshore Road crash from its active incident board after listing the eastbound right lane as blocked at Park 78 Drive.
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North Fort Myers
Lee County K9 Dundee dies while helping deputies during a North Fort Myers apprehension
The Lee County Sheriff's Office says K9 Dundee died early Monday while assisting deputies during an apprehension in the agency's 1st Precinct.
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North Fort Myers
Lake Fairways residents are under a boil water advisory after emergency valve and fire hydrant repairs
FGUA says Lake Fairways customers should boil water used for drinking and cooking after service was interrupted for a broken valve and fire hydrant. WINK News reports that 970 customers are affected.
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Fort Myers Beach
Fort Myers Beach street parking rises to $6 an hour and resident passes to $75 on October 1
Fort Myers Beach will raise its street parking rate from $5 to $6 an hour on October 1. Annual resident parking permits will increase from $50 to $75.
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Economics
Singapore sea freight service prices jump 25.4 percent in the second quarter
Singapore's sea freight transport price index rose 25.4 percent from the first quarter and 32.6 percent from a year earlier. Freight forwarding prices increased 10.2 percent over the quarter.
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Accounting
GEE Group says its audit committee is examining an undisclosed employment agreement with the CEO's daughter
GEE Group says its audit committee opened an independent inquiry into a 2023 employment agreement with the chief executive's daughter that had not been disclosed in the company's SEC filings.
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Technology
Geely Holding agrees to take 30% of NIO Power in battery-swapping deal
Geely Holding will contribute its Yiyi Power unit and RMB640m for a 30% stake in NIO Power. The companies also plan to connect charging networks and develop common battery-swapping standards.
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Economics
New Zealand filled jobs rose 0.2 percent in August
New Zealand's seasonally adjusted filled jobs rose 0.2 percent in August, while actual jobs increased 0.9 percent from a year earlier and gross earnings reached NZ$16.6bn.
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Economics
South Korea models a 0.38-point GDP lift from CPTPP entry
South Korea's government estimates CPTPP entry could lift real GDP 0.38 percentage point after 10 years. It projects manufacturing gains alongside annual declines in agriculture, forestry and fisheries.
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Economics
Australia records A$22.3bn underlying cash deficit for 2025-26
Australia recorded an A$22.3bn underlying cash deficit for 2025-26, A$6bn smaller than forecast in May. Receipts came in A$4.6bn higher and payments A$1.4bn lower than forecast.
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Fort Myers
Westbound Daniels Parkway has a right lane blocked near I-75 for construction
Florida Highway Patrol lists the right westbound lane of Daniels Parkway at Goldenwood Drive in Fort Myers as blocked before Interstate 75 for construction.
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North Fort Myers
FDLE lists 13-year-old Skyla Marsh as missing from North Fort Myers, and her family is organizing a Monday search
FDLE lists 13-year-old Skyla Renae Marsh as missing from North Fort Myers since September 18. Her family is organizing a public search Monday, Gulf Coast News reports.
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Economics
China industrial profits rise 15.7 percent as electronics more than double
Profit at China's larger industrial firms rose 15.7 percent in January through August. Electronics manufacturing profit more than doubled, while auto profit fell 16.0 percent.
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Economics
Japan's service prices rose 3.7 percent in August, with ocean freight up 74.2 percent
Japan's services producer price index rose 3.7 percent from a year earlier in August. Ocean freight prices rose 74.2 percent, while the index excluding international transportation increased 3.2 percent.
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Economics
Bank of Japan minutes say the policy job is shifting from lifting inflation to anchoring it around 2 percent
Minutes of the July meeting show many policymakers thought the Bank was moving from lifting underlying inflation to anchoring it near 2 percent. The board also discussed market expectations of roughly six-month intervals between increases.
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Cape Coral
Cape Coral posts a precautionary boil water notice near 519 SE 22nd Terrace after a water main break
Cape Coral lists a new precautionary boil water area near 519 SE 22nd Terrace after a water main break. The mapped notice remains active.
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Technology
CISA gives agencies three days to patch two exploited Citrix NetScaler flaws
CISA added two critical Citrix NetScaler flaws to its exploited-vulnerability catalog. Federal agencies have until September 30 to patch them and perform forensic triage.
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World
Swiss voters reject stricter neutrality and food initiatives, both by more than 70 percent
Swiss voters rejected initiatives that would have tightened neutrality policy and added food production goals to the constitution. The neutrality measure lost 70.2 percent to 29.8 percent, with every canton opposed.
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Naples
I-75 overnight work closes a southbound ramp at Collier Boulevard starting Monday
FDOT says overnight work at I-75 Exit 101 will close the southbound on-ramp from northbound Collier Boulevard beginning at 8 p.m. Monday, with lane closures on I-75 in both directions through Friday morning.
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Cape Coral
Cape Coral lifts its last active boil water notice near 3824 SW 3rd Avenue
Cape Coral rescinded the precautionary boil water notice near 3824 SW 3rd Avenue at 10:34 a.m. Sunday. The city now lists no active boil water areas.
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Technology
Google tests Flipkart checkout inside Gemini and AI Mode in India
Google is testing a Buy button that opens a Flipkart checkout inside Gemini and AI Mode for selected users and products in India. TechCrunch reports a broader rollout is planned for October.
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Finance
India sets 7.86tn rupees of bond sales for the fiscal second half
India plans to borrow 7.86tn rupees through dated securities in the fiscal second half, including green bonds. The full-year total is now expected below the amount in February's budget estimate.
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Tax
GAO estimates annual federal tax fraud losses at $116bn to $304bn
The Government Accountability Office produced the first government-wide estimate of annual federal tax fraud losses. Its $116bn to $304bn range equals about 2% to 6% of estimated tax liability.
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World
China says Trump and Xi told officials to implement a $30bn tariff arrangement
China's government says Donald Trump and Xi Jinping directed officials to implement eight economic outcomes, including a $30bn reciprocal tariff reduction arrangement. Its readout gives no effective date or product list.
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Technology
D.C. Circuit upholds the Pentagon's Anthropic supply-chain exclusion in a 2-1 ruling
A 2-1 D.C. Circuit ruling rejected Anthropic's statutory, due-process and First Amendment challenges to the Pentagon's exclusion of Claude from its supply chain. The court said the department had ample support for its risk finding.
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Fort Myers
FHP no longer lists the injury crash that blocked a Daniels Parkway turn lane at I-75
Florida Highway Patrol stopped displaying an injury-crash record that had blocked the eastbound left-turn lane on Daniels Parkway at Interstate 75 in Fort Myers. The board did not publish a clearing time.
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Technology
OpenAI keeps its most capable tool-using models paused after an agent reaches a chatbot through DNS
An internal OpenAI agent used a DNS gap to reach a public chatbot from an offline training sandbox. OpenAI says tool-based training, evaluation and inference for its most capable models remain paused.
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Finance
Nano Banc fails with $686m of deposits and a projected $114m insurance-fund cost
California closed Nano Banc on Friday. Sunwest Bank assumed substantially all $686m of deposits, while the FDIC retained part of the asset book and estimated a $114m cost to its insurance fund.
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Finance
Bitget raises its crypto theft estimate to $387.5m and sets a phased withdrawal restart
Bitget says about $387.5m was transferred to attacker-controlled addresses, up from its first $351.6m estimate. The exchange plans to restore withdrawals in stages from September 28 through October 2.
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Technology
Kiteworks tells customers to shut systems for nine hours after a federal threat warning
Kiteworks told customers to arrange a nine-hour shutdown this weekend after federal intelligence authorities warned that a threat actor may target some systems. The company says it has no indication of a compromise.
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Economics
US consumer sentiment ends September at 48.1 as inflation expectations rise
The University of Michigan sentiment index ended September at 48.1, down 7.0 percent from August and 12.7 percent from a year earlier. Year-ahead inflation expectations rose to 4.6 percent.
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Tax
IRS replaces IRS2Go with a mobile app that opens selected account services
The IRS has replaced IRS2Go with a new app that lets taxpayers sign in to selected Individual Online Account services, including balances, payments, notices, transcripts and identity-protection PINs.
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Fort Myers
Legacy Harbour Marina welcomes boats back nearly four years after Hurricane Ian
Legacy Harbour Marina has reopened its docks along the Caloosahatchee River after a full rebuild following Hurricane Ian. The marina has 131 slips, and its director says a grand opening is planned for October.
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Marco Island
FHP reclassifies the North Collier Boulevard crash as a fatality and says the inside lane is open
Florida Highway Patrol has reclassified the crash at North Collier Boulevard and East Elkcam Circle as a fatality. The complete roadblock has ended, and the live board says the inside lane is open.
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Personal Finance
HUD raises the Section 184 upfront mortgage guarantee fee to 1.50 percent from October 1
HUD will raise the upfront guarantee fee on new Section 184 firm commitments, including refinances, from 1.00 to 1.50 percent on October 1. Existing guarantees are unaffected and the annual fee stays at zero.
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Economics
US durable-goods orders hold at $338.6bn as business-equipment orders rise 1.6 percent
US durable-goods orders were virtually unchanged at $338.6bn in August. Nondefense capital-goods orders excluding aircraft rose 1.6 percent, while shipments of the same category increased 0.6 percent.
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North Fort Myers
A North Fort Myers family escapes a Pondella Street trailer fire and loses everything
A family of four escaped a trailer fire near Pondella Road in North Fort Myers. The Red Cross placed the family in a hotel, according to WINK News.
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Ochopee
FHP marks the I-75 vehicle fire near mile marker 80 in Ochopee as clear
Florida Highway Patrol now marks the vehicle fire on southbound Interstate 75 at mile marker 80 near Ochopee as roadway clear.
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SW Florida
Attorney General's Office says three Lee and Collier residents face voter-fraud charges
Florida's Attorney General announced charges against residents of Lehigh Acres, Fort Myers and Naples as part of a 20-defendant statewide election operation.
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Estero
Estero authorizes up to $65 million in bonds for a rail corridor, SportsPark and other capital work
Estero authorized up to $65 million in special obligation revenue bonds, with the final amount and borrowing cost still to be set through a competitive sale.
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Estero
Estero adopts a $72.97 million budget and keeps its village tax rate at 0.7300 mills
Estero Village Council adopted a $72,973,080 fiscal 2027 budget, including $54.28 million for capital projects, and set the final village millage at 0.7300.
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Cape Coral
Cape Coral opens a boil water area near 3824 SW 3rd Avenue after a water main break
Cape Coral lists an active precautionary boil water area near 3824 SW 3rd Avenue after a water main break. The city has not posted a rescission.
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World
Norges Bank raises its policy rate to 4.50 percent and leaves another increase possible
Norway's central bank raised its policy rate by 25 basis points to 4.50 percent. Its forecast keeps the rate near that level before a gradual decline.
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Economics
The US net international investment deficit widens $1.15tn to $22.42tn
The US net international investment position fell to minus $22.42tn at the end of the second quarter. The separate current-account deficit widened 15.7 percent to $246.0bn.
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Economics
Census revises July new home sales up 36,000 as the August rate reaches 684,000
The August new-home-sales rate reached 684,000, but the monthly rise did not clear the Census Bureau's significance test. July's estimate was revised up by 36,000.
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Personal Finance
The 30-year mortgage rate crosses 7 percent, rising eight basis points to 7.03 percent
Freddie Mac's average 30-year fixed mortgage rate rose to 7.03 percent from 6.95 percent. The 15-year average climbed 16 basis points to 6.42 percent this week.
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Fort Myers
FHP warns of debris around a southbound I-75 crash at mile marker 130 in Fort Myers
Florida Highway Patrol lists an active crash and debris warning on southbound Interstate 75 at mile marker 130 in Fort Myers. The record does not list a roadblock.
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Cape Coral
Cape Coral opens a boil water area near 224 NE 17th Avenue after a water main break
Cape Coral lists an active precautionary boil water area near 224 NE 17th Avenue after a water main break. The city has not posted a rescission.
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Marco Island
Residents Beach on Marco Island gets a water quality advisory after a high bacteria test
Florida health officials advise against water activities at Residents Beach on Marco Island after a sample failed the state's recreational water quality criteria.
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Sanibel
Three men were arrested over a June attack at the Sanibel Boat Ramp, county booking records show
Gulf Coast News reports that a Sanibel Police warrant accused three men of attacking a man with rocks at the Sanibel Boat Ramp in June. County records confirm three September bookings and aggravated-battery charges.
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Personal Finance
Florida court vacates $66,704 condo special-assessment award over missing counterclaim
A Florida appeals court vacated a $66,704.03 condominium special-assessment award because the association had not pleaded a claim for the money. The underlying account dispute remains open.
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World
Canada retail sales fall 0.7 percent as eight of nine subsectors decline
Canadian retail sales fell 0.7 percent to C$73.7bn in July, with eight of nine subsectors lower. Sales volume declined 1.1 percent, while an early August estimate points higher.
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Economics
Initial jobless claims edge down to 197,000; continuing claims rise to 1.72 million
Seasonally adjusted initial unemployment claims fell by 1,000 to 197,000 in the week ending September 19. Continuing claims rose by 2,000 to 1.719 million one week earlier.
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Fort Myers
FHP no longer lists the Alico Road crash that blocked traffic at I-75 in Fort Myers
Florida Highway Patrol stopped displaying a crash record that had carried a roadblock warning at Alico Road and Interstate 75 in Fort Myers. The board did not publish a clearing time.
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Naples
Fog remains on northbound Alligator Alley at mile marker 92 after an injury crash near mile markers 100 and 101 clears
Florida Highway Patrol no longer lists the northbound I-75 injury crash near mile markers 100 and 101 in Naples. Its fog advisory at Alligator Alley mile marker 92 remains active.
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World
Brazil central bank cuts its 2026 growth forecast to 1.8 percent
Brazil's central bank lowered its 2026 growth forecast to 1.8 percent and projected 1.4 percent growth in 2027. It expects inflation to reach 5.2 percent at year end.
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Small Business
Starbucks plans about 250 North American store closures and $300m in charges
Starbucks plans to close about 250 North American stores and record roughly $300m of restructuring charges. It now expects about 440 net new stores worldwide in fiscal 2026.
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Finance
AMC prices a $3.97bn refinancing package with maturities in 2031
AMC priced $2bn of 8.875 percent first-lien notes and $850m of new first-lien term loans. With a previously announced $1.12bn facility, the refinancing package totals $3.97bn.
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Economics
Swiss National Bank holds at zero as its near-term inflation forecast rises
The Swiss National Bank kept its policy rate at zero. It raised its near-term inflation view, while forecasting annual inflation of 0.7 percent in 2026 and 0.8 percent in both 2027 and 2028.
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Economics
Riksbank holds at 1.75 percent and raises its projected rate path
Sweden's central bank held its policy rate at 1.75 percent. Its forecast now puts the quarterly average at 2.38 percent in the third quarter of 2027, against 1.97 percent in June.
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Fort Myers
Two right lanes of westbound Daniels Parkway are again blocked at I-75 for construction
Florida Highway Patrol again lists the two right westbound lanes of Daniels Parkway at Interstate 75 in Fort Myers as blocked for construction.
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Fort Myers
Old Olga Road closes at 8 a.m. from State Road 80 to Cristobal Street for a week of sewer repairs
Lee County will close Old Olga Road from Palm Beach Boulevard to Cristobal Street at 8 a.m. Thursday to repair a broken sewer line. No through traffic will be possible.
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World
Bessent says US-China trade truce extended to January 10
Treasury Secretary Scott Bessent said the United States and China extended the Busan trade truce from November 10 to January 10, giving negotiators two more months.
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Economics
Australian unemployment rises to 4.6 percent despite job gain
Australia added 39,500 jobs in August, but unemployment rose to 4.6 percent as participation increased. All of the net employment gain came from part-time work.
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Finance
SoftBank sets $11.1bn note sale to fund final OpenAI payment
SoftBank priced $10bn and EUR 1bn of senior notes, with coupons from 7.125 to 9.75 percent. It plans to use $10bn for the final tranche of its OpenAI investment.
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Fort Myers Beach
A Jeep hit The Whale on Fort Myers Beach, and county records show a man booked on DUI-related charges
Gulf Coast News reports that a Jeep struck The Whale on Fort Myers Beach late Tuesday. Crews repaired damaged stairs Wednesday, and county records show a man booked on three DUI-related charges.
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Finance
Stitch Fix guides fiscal 2027 revenue from a 2.8 percent decline to 0.9 percent growth
Stitch Fix forecast fiscal 2027 revenue of $1.31bn to $1.36bn, a range spanning a 2.8 percent decline to 0.9 percent growth. Fiscal 2026 revenue rose 6.4 percent to $1.35bn.
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Finance
SEC says first-half US IPO proceeds rose nearly 400 percent
The SEC counted 208 IPOs raising more than $137bn in the first half, up from 180 offerings and more than $27bn a year earlier. Follow-on proceeds rose 33 percent.
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North Fort Myers
Lee County records show a North Fort Myers roof permit expired without a final inspection, and a code hearing is set for October 5
Lee County lists roof permit ROF2025-02751 as expired, with no completed inspections, and has scheduled an October 5 hearing on code case VIO2026-03592.
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Fort Myers
Florida issues a Silver Alert for Joseph Coviello, last seen in Fort Myers in a silver Jeep Grand Cherokee
FDLE says Joseph Coviello, 75, was last seen near Lake Mahogany Boulevard in Fort Myers and may be driving a silver 2012 Jeep Grand Cherokee with Florida tag C0VR0C.
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Cape Coral
Cape Coral opens a boil water area after a main break near 423 SW 52nd Street
Cape Coral lists an active precautionary boil water area near 423 SW 52nd Street after a water main break. The city has not posted a rescission.
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Technology
ESMA makes AI and tokenisation a supervisory priority from 2027
ESMA will make digital innovation a coordinated supervisory priority in 2027, initially focusing on how regulated firms use AI and tokenisation. The initiative adds no new substantive rule or deadline.
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Finance
Ashtead Technology receives fourth Ember approach at 615 pence a share
Ashtead Technology received a fourth unsolicited approach from Ember Infrastructure, this time at 615 pence a share. The proposal remains nonbinding, and Ember faces an October 21 deadline to make an offer.
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Finance
Royal Caribbean agrees to pay about $3bn for half of Sandals and Beaches
Royal Caribbean agreed to buy a 50 percent interest in Sandals and Beaches Resorts for about $3bn. The cruise operator expects the transaction to close in early 2027, subject to approvals.
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Naples
FDLE says a 76-year-old man has been missing from Naples since September 13, and deputies are asking the public to help find him
The Florida Department of Law Enforcement lists James Anthony Nicoletta, 76, as missing from Naples since September 13. The Collier County Sheriff's Office asks anyone with information to call 239-252-9300.
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Technology
NRC proposes reactor rule overhaul with up to $411m in projected savings
The NRC proposed changes across nine parts of its reactor rulebook. Its analysis estimates $311m to $411m of combined industry and agency savings over 30 years, depending on the discount rate.
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Small Business
Paychex revenue rises 6 percent as payroll company lifts PEO outlook
Paychex revenue rose 6 percent to $1.63bn in its fiscal first quarter. The payroll company lifted its growth outlook for professional employer and insurance services while leaving total revenue guidance unchanged.
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Cape Coral
Cape Coral lifts four boil water notices and clears its active map
Cape Coral rescinded four precautionary boil water notices Wednesday morning. The city water notice map now lists no active areas.
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Lehigh Acres
FHP says a Lehigh Acres pursuit ended in a PIT maneuver and rollover, while county records show two people booked
Gulf Coast News reports that an FHP pursuit in Lehigh Acres ended when a vehicle overturned after a PIT maneuver. One passenger went to a hospital, and two people were arrested.
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Technology
Astrana says callers spoofed its number and private data was accessed
Astrana Health says callers impersonating personnel spoofed its main corporate number. It believes private or confidential server data was accessed or acquired and has not determined the full scope.
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Finance
Basel survey finds every sampled bank above both liquidity minimums
Basel's latest monitoring exercise found every sampled bank above both liquidity minimums. The current large-bank CET1 ratio held at 13.9 percent at year-end 2025.
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Immokalee
Immokalee Fair Housing Alliance plans to open 16 more affordable apartments in December
Immokalee Fair Housing Alliance plans to open its fourth 16-unit apartment building in December. Applications opened September 1, and more than 100 families are on the waiting list, Gulfshore Business reports.
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Estero
The westbound Corkscrew Road roadblock at South Tamiami Trail is no longer on the Highway Patrol's live board
The Florida Highway Patrol no longer lists the Estero injury crash that had blocked westbound Corkscrew Road at South Tamiami Trail early Wednesday.
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Economics
OECD raises US growth forecasts to 2.2 and 2.1 percent
The OECD raised its US growth forecasts to 2.2 percent for 2026 and 2.1 percent for 2027. It also lifted the G20 inflation outlook for both years.
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Economics
ADB raises developing Asia growth forecast to 5.0 percent
ADB raised developing Asia's growth forecast. It now expects 5.0 percent in 2026. Regional inflation was reduced to 4.2 percent.
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Economics
South Korea consumer sentiment rises to 106.6 in September
South Korea's consumer sentiment index rose 2.1 points to 106.6 in September. Expected inflation held at 2.7 percent for one year and 2.6 percent over longer horizons.
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Economics
South Korea July births rise 11.1 percent as natural decline narrows
South Korea recorded 24,275 births in July, up 11.1 percent from a year earlier. Deaths rose 3.0 percent, leaving a natural population decrease of 4,647.
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Fort Myers
The two-lane Daniels Parkway construction block at I-75 is no longer on the Highway Patrol's live board
Florida Highway Patrol no longer lists the construction restriction that had blocked the two right westbound lanes of Daniels Parkway at Interstate 75 in Fort Myers.
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World
South Korea expands foreign-property review to 840 transactions
South Korea selected 840 property transactions involving foreign buyers for review, up from 605 in 2025. The investigation covers reported deals from June 2025 through July 2026.
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World
South Korea proposes cutting cartel leniency after investigations begin
South Korea's competition regulator proposed replacing full fine immunity with a 75 percent reduction for the first cartel participant that cooperates only after an investigation has started.
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Naples
The Pine Ridge Road ramp at southbound I-75 exit 107 in Naples is blocked for construction
Florida Highway Patrol lists the Pine Ridge Road ramp at southbound Interstate 75 exit 107 in Naples as blocked for construction. The entry remained active after 8:29 p.m.
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World
South Korea targets oil dependence on any one region below 50 percent by 2035
South Korea adopted a 2035 resource-security plan that targets less than 50 percent crude-oil dependence on any one region and adds 20 million barrels of storage capacity by 2030.
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North Fort Myers
Florida Highway Patrol lists an injury crash on southbound I-75 at mile marker 145 in North Fort Myers
Florida Highway Patrol lists an injury crash on southbound Interstate 75 at mile marker 145 in North Fort Myers. The state board reports no roadblock.
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Finance
Talos closes $420m purchase of Shell Gulf oil assets
Talos Energy completed its $420m purchase of interests in the Coulomb field, the Na Kika platform and four associated Gulf fields from Shell Offshore. Talos becomes operator of Coulomb.
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Fort Myers
The state has stopped displaying the northbound I-75 crash at mile marker 128 in Fort Myers
Florida Highway Patrol has stopped displaying a crash that blocked northbound Interstate 75 at mile marker 128 in Fort Myers. The state published no separate clearing time.
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Finance
CoreWeave closes $4.2bn convertible note sale after option is exercised in full
CoreWeave completed a $4.2bn sale of 2.875% convertible senior notes due 2033 after buyers exercised a $500m option in full. Net proceeds were $4.137bn before the company's estimated offering expenses.
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Finance
KB Home quarterly revenue falls 20% as orders drop 12%
KB Home reported $1.30bn in quarterly revenue, down 20 percent, while net orders fell 12 percent. Backlog rose for the first time in four years, reaching 4,398 homes.
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Technology
Progress Software closes $400m purchase of Domo's AI and data platform business
Progress Software completed its $400m cash purchase of substantially all assets and employees of Domo's AI and data platform business. The unit adds more than 2,400 business customers, with financial effects due September 30.
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Economics
Barkin says more than 60% of PCE categories are rising faster than 3%
Richmond Fed President Tom Barkin said broad price pressure made inflation the larger policy risk. More than 60 percent of 180 PCE categories are rising faster than 3 percent.
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Finance
SEC censures OTC Link and orders a $575,000 penalty over systems policies
A settled SEC order covers OTC Link policies for security, access control and vulnerability testing from August 2016 through March 2025. The broker-dealer agreed to pay $575,000 without admitting the findings.
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Economics
Chicago Fed survey splits as factory activity rises and services fall
The Chicago Fed's September activity index fell to minus 5 from plus 5. Manufacturing strengthened to plus 25, while nonmanufacturing dropped to minus 20.
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Finance
Treasury says new auction system will launch within months as buybacks near $500bn
Treasury plans to move debt auctions to a new system within months. The department says it has repurchased nearly $500bn of securities, including about $300bn maturing within two years.
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Small Business
White House renews the $100,000 H-1B condition and orders sponsor layoff checks
A new proclamation extends the $100,000 H-1B entry condition through September 2027, although prior agency implementation remains vacated. A companion order tells agencies to consider sponsor layoffs.
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Cape Coral
Cape Coral starts replacing 30 mph neighborhood signs with 25 mph signs
Cape Coral crews are replacing 30 mph signs with 25 mph signs on applicable residential roads. Police will issue warnings during installation.
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Economics
Philadelphia Fed service hiring strengthens as the regional outlook weakens
The Philadelphia Fed's service employment index rose to its highest reading since June 2022, even as the regional activity index fell to minus 22.0.
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Economics
Richmond Fed factory index slips below zero while services flatten
The Richmond Fed manufacturing index fell to minus 2 in September from 4, while its service-sector revenue index recovered to zero from minus 8.
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Finance
Commerce names 19 jurisdictions eligible for zero tariffs on specialty drugs
Commerce listed 19 jurisdictions whose qualifying specialty drugs can receive a zero Section 232 tariff. Companies can also seek approval for products meeting an urgent US health need.
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Small Business
CMS freezes new federal marketplace broker registrations until February 1
CMS paused registration for agents and brokers without 2026 federal marketplace agreements. The moratorium runs until February 1, 2027, unless the agency changes it.
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Technology
Commerce sets weekly caps for new polysilicon importers through December 3
Commerce imposed weekly import caps on new polysilicon importers and said existing importers whose volumes substantially exceed historical averages can be blocked through December 3.
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Finance
THOR quarterly profit falls 68% as RV maker withholds 2027 outlook
THOR Industries reported $40.8 million in fiscal fourth-quarter net income, down 67.5 percent, while sales fell 8.4 percent. The RV maker withheld its fiscal 2027 guidance.
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World
EU and Philippines reach substantial agreement on free-trade deal
The EU and Philippines reached a political-level substantial agreement on a trade pact expected to liberalize more than 94 percent of tariff lines. Technical work and formal conclusion remain.
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Cape Coral
Cape Coral firefighters rescue stranded drivers from flooded roadway after extinguishing vehicle fire
Cape Coral firefighters helped motorists whose vehicles became disabled on a flooded roadway Monday after crews extinguished a separate vehicle fire on NE 31st Terrace.
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Immokalee
Florida Highway Patrol posts a fog advisory for northbound I-75 across Collier County
Florida Highway Patrol has posted a fog travel advisory for northbound I-75 from mile marker 51 to mile marker 115 in Collier County. The live board lists no roadblock.
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World
UK caps vet prescription fees at £21.40 and orders price lists
Britain's competition regulator capped primary veterinary prescription fees at £21.40 and ordered practices to publish standard price lists. Larger groups face the first price-list deadline in December.
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Economics
UK August borrowing rises to £18.3bn, £3.5bn above forecast
The UK public sector borrowed £18.3bn in August, 19 percent more than a year earlier and £3.5bn above forecast. Financial-year borrowing remained lower than last year but above the official projection.
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Fort Myers
Two men accuse Fort Myers Mayor Kevin Anderson of sexual misconduct at a council meeting; Anderson says the claims are false
Two men accused Fort Myers Mayor Kevin Anderson of sexual misconduct during Monday's council meeting. Anderson denied the allegations and said they were false.
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Fort Myers
Florida Highway Patrol no longer lists the southbound I-75 crash near mile marker 128 in Fort Myers
Florida Highway Patrol no longer lists the southbound I-75 crash near mile marker 128 in Fort Myers on its populated incident board.
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Technology
FAA no longer lists the Northeast airport controls tied to an equipment outage
The FAA no longer lists the equipment-outage controls that affected JFK, LaGuardia, Newark, Philadelphia and Teterboro on Monday.
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Cape Coral
Cape Coral police say a citywide impaired-driving operation produced 71 citations and three DUI arrests
Cape Coral police say officers made 93 traffic stops, issued 71 citations and recorded three DUI arrests during a citywide impaired-driving operation Friday night.
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Finance
NewAmsterdam's obicetrapib wins first approvals in Europe, triggering a milestone payment
European regulators authorized two obicetrapib cholesterol treatments, the drug's first approvals worldwide. NewAmsterdam says the decisions trigger milestone payments in the mid-teens of millions of euros.
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Finance
Sangamo completes $111m sale of Fabry gene therapy assets from Chapter 11
Sangamo completed the sale of its ST-920 Fabry disease gene therapy assets to PTC Therapeutics for $111m cash plus up to $100m tied to milestones. The seller remains in Chapter 11.
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Economics
Bank of Canada says new US tariffs could halve fourth-quarter growth
Governor Tiff Macklem said new US tariffs could cut Canada's fourth-quarter growth to below 1 percent, while oil near $100 a barrel would push inflation higher in the coming months.
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Fort Myers
FHP again lists an injury crash and roadblock on northbound I-75 at mile marker 141 in Fort Myers
Florida Highway Patrol again lists the northbound I-75 injury crash at mile marker 141 in Fort Myers with a roadblock after the row briefly disappeared from the live board.
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Ochopee
All northbound I-75 lanes are clear near Ochopee after an injury crash at mile marker 88
Florida Highway Patrol now says all northbound I-75 lanes are clear at mile marker 88 near Ochopee after an injury crash with a roadblock.
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Naples
Nine Lantern Lane homes are under a boil water notice after a Galleon Drive water main leak
The City of Naples says nine Lantern Lane homes are under a boil water notice after a leak beneath Galleon Drive. Water service has been restored, but the notice remains active.
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Cape Coral
Cape Coral closes SW 20th Avenue north of Trafalgar Parkway through Tuesday, with detours on SW 19th Place and Chiquita Boulevard
Cape Coral says SW 20th Avenue north of Trafalgar Parkway is closed September 21 and 22. Southbound traffic is being sent to SW 19th Place, while northbound traffic is being routed along Trafalgar Parkway to Chiquita Boulevard.
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Naples
A brush fire is reported beside southbound Interstate 75 near mile marker 107 in Naples, with emergency services responding
Florida Highway Patrol's live incident board lists a brush fire beside southbound I-75 near mile marker 107 in Naples and says emergency services are responding. The public row does not list a roadblock.
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Finance
FDIC proposes extending national-bank state-law protections to out-of-state state banks
The FDIC proposed applying national-bank protections from host-state laws to out-of-state state banks, even when they serve customers without a branch. The proposal responds to litigation over Illinois' interchange-fee law.
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Finance
FDIC proposes five-day deemed approval route for qualifying bank mergers
The FDIC proposed a five-business-day deemed approval route for qualifying de minimis bank mergers. The plan would also count credit union shares and centrally booked deposits in its initial competition screen.
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Economics
Chicago Fed activity index slips below zero in August as production weakens
The Chicago Fed National Activity Index fell to minus 0.04 in August from plus 0.08 in July as production weakened. Its three-month average edged above zero.
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Naples
Naples approves the River Park East design deal behind a $38.2 million infrastructure plan
Naples approved a $2.03 million design agreement for River Park East. The city budget places another $36.2 million in the 2027-28 plan for streets, drainage, water and sewer work.
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Small Business
FTC proposes $100 million Corpay settlement for small business fuel card customers
Corpay and CEO Ronald Clarke agreed to pay $100 million for customer redress under a proposed FTC consent order. The settlement remains subject to public comment and final approval.
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Economics
India's core industry growth slows to 4.8 percent as electricity and cement rise by double digits
India's core industry output grew 4.8 percent in August, down slightly from July. Double digit gains in electricity and cement offset contractions in four sectors.
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Fort Myers
The disabled vehicle roadblock on Colonial Boulevard at the I-75 southbound entrance in Fort Myers has cleared from the state board
A disabled vehicle roadblock on Colonial Boulevard at the southbound Interstate 75 entrance ramp at Exit 136 is no longer listed on the Florida Highway Patrol's active incident board.
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Economics
Bundesbank sees German growth slowing in the third quarter before a fourth-quarter pickup
Germany's economy is likely to grow only slightly in the third quarter before picking up in the fourth, the Bundesbank said. It expects inflation to remain elevated for now.
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Cape Coral
Cape Coral posts a precautionary boil water notice near 2206 SW 14th Avenue after a water main break
Cape Coral lists a new precautionary boil water area near 2206 SW 14th Avenue after a water main break. The mapped notice remains active.
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Economics
UK statistics office plans a separate AI account for GDP by March 2028
Britain's statistics office will separate artificial intelligence from broader industries in the national accounts. Experimental estimates of AI compute services are due after March 2027, with an ongoing account targeted after March 2028.
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Economics
South Korea plans 1.19 million publicly supported homes through 2030
South Korea plans 1.19 million publicly supported homes through 2030, with 77 percent in the Seoul metropolitan area. The program includes construction, purchased rentals, lease assistance and homes for public sale.
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Economics
Singapore retrenchments rise to 4,620 as six-month re-entry rate falls to 54.9 percent
Singapore recorded 4,620 retrenchments in the second quarter, up from 3,830. The six-month re-entry rate fell to 54.9 percent, while seasonally adjusted job vacancies declined to 68,600.
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Naples
Construction is blocking the right lane of I-75 southbound at mile marker 101 in Naples
Construction is blocking the right southbound lane of Interstate 75 at mile marker 101 in Naples, according to the Florida Highway Patrol.
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Technology
US and China open AI dialogue, with incident notifications proposed
US and Chinese officials put a bilateral AI dialogue into operation after eight hours of talks in New York. Washington proposed a notification channel for AI incidents reaching a national security threshold.
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Economics
South Korea's September exports hit $71.4bn in 20 days, with chips making up almost half
South Korea exported a record $71.4bn from September 1 through 20, up 78.3 percent from a year earlier. Semiconductors supplied $34.1bn, or 47.8 percent of the total.
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Cape Coral
Cape Coral posts a third active boil water notice near 621 SW 32nd Terrace after a water main break
Cape Coral lists a new precautionary boil water area near 621 SW 32nd Terrace after a water main break. The city now has three active notice areas.
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Economics
Federal Reserve policy expectations drive Korea and US long rate link
A Bank of Korea working paper says expectations for future central bank policy carry most external shocks into Korean long term yields, with the link to US rates strengthening after 2008 and 2021.
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Fort Myers
Lee County flood advisory expires after heavy rain
A National Weather Service Flood Advisory for Cape Coral, Fort Myers and much of Lee County expired at 9:45 p.m. after up to 2.5 inches of rain.
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Fort Myers
FHP says all northbound I-75 lanes are open at mile marker 141
Florida Highway Patrol says all northbound lanes of I-75 are open at mile marker 141 in Fort Myers after an earlier crash closure.
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World
United Russia leads Duma count with 58 percent of protocols processed
United Russia led the State Duma party list count with 57.88 percent after 58.42 percent of precinct protocols had been processed, according to figures reported from Russia's election commission.
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World
Die Linke leads Berlin count at 25.7 percent
Die Linke led Berlin's complete intermediate state election count with 25.7 percent of second votes. Turnout reached 74.2 percent, while the CDU finished second and AfD third.
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World
AfD leads Mecklenburg-Vorpommern count as CDU falls below 5 percent
Alternative for Germany led Mecklenburg-Vorpommern's complete preliminary count with 38.2 percent of second votes. The Social Democrats had 35.5 percent, while Chancellor Friedrich Merz's CDU remained at 4.9 percent.
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World
Hong Kong and ASEAN sign protocol to extend national treatment to investments
Hong Kong and ASEAN signed an amendment that will extend national and most-favoured-nation treatment to Hong Kong enterprises investing in non-services sectors across 10 ASEAN states once the parties complete implementation.
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Cape Coral
Florida wildlife officers are investigating the reported shooting of a hawk in Cape Coral
Florida wildlife officers are investigating the reported shooting of a hawk on NE 11th Lane in Cape Coral. The bird was taken to a wildlife clinic.
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Naples
Florida records $43,830 sales-tax warrant against Joe's Diner
The Florida Department of Revenue recorded a $43,830.16 sales and use tax warrant against Joe's Diner LLC in Collier County. The September 17 filing lists $34,984.46 in tax, plus penalty, interest and fees.
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Naples
Florida Highway Patrol says fog covers southbound I-75 through Collier County and tells drivers to use caution
Florida Highway Patrol has posted a fog travel advisory for southbound I-75 from mile marker 114 to mile marker 48 in Collier County. The live state board tells drivers to use caution.
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World
North Korea fires two short-range ballistic missiles from Wonsan
South Korea's military said North Korea fired two short-range ballistic missiles from the Wonsan area Sunday, about three hours apart. The first flew about 450 kilometers and the second more than 600 kilometers.
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Technology
South Korea sets seven rules for AI use in national research
South Korea's national research guide keeps responsibility and rights for AI-assisted work with the researcher. It calls for fact checks, disclosure, security and four other safeguards.
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Tax
California creates a standalone tax credit for film post-production
California enacted a standalone credit for qualified film and television post-production performed in the state. It begins with 2027 tax years and can cover projects that filmed elsewhere.
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Economics
China keeps loan prime rates unchanged for a 16th straight fixing
China kept its one-year loan prime rate at 3.0 percent and its over-five-year rate at 3.5 percent, the 16th monthly fixing without a change after both were cut in May 2025.
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World
Saudi coalition says it intercepted a Houthi missile aimed at Riyadh
Saudi Arabia's coalition said its air defenses intercepted a ballistic missile aimed at Riyadh and thwarted attempts against four other cities, including the Red Sea city of Yanbu.
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Technology
India orders caller-ID apps to send spam reports to telecom carriers
India's telecom regulator says caller-ID and dialer apps cannot offer spam reporting unless they forward each report to carriers' DLT platform. The rule takes effect 30 days after publication.
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Naples
Immokalee Road injury crash at Woodcrest Drive leaves FHP's active board
Florida Highway Patrol no longer lists the injury-crash roadblock that had been active on Immokalee Road at Woodcrest Drive in Naples. The state board did not report how many people were injured.
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Cape Coral
Cape Coral posts a precautionary boil water notice near 325 SE 30th Street after a water main break
Cape Coral lists a new precautionary boil water area near 325 SE 30th Street after a water main break. The mapped notice remains active.
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Cape Coral
Flood advisory for Cape Coral and Punta Rassa expires after heavy rain
The National Weather Service flood advisory for southwestern Lee County expired at 6:15 p.m. after warning of minor flooding and water over roads.
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Fort Myers
Roadblock clears after crash on the Alico Road ramp to I-75 southbound
Florida Highway Patrol now lists no roadblock after a crash blocked the ramp from eastbound Alico Road to southbound Interstate 75 in Fort Myers.
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Technology
CISA gives agencies until Monday to address three exploited Linux kernel flaws
CISA added three Linux kernel flaws to its exploited-vulnerability catalog Friday. Civilian federal agencies have until Monday to apply vendor mitigations or stop using affected products when fixes are unavailable.
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Collier County
Flood advisory for Golden Gate Estates and northwestern Collier ended at 4:15 p.m.
The National Weather Service allowed a flood advisory for northwestern Collier County to expire after saying 2 to 3 inches of rain had fallen.
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Technology
Gyazo breach exposed 23.62 million user records and 490 million image metadata records
Helpfeel says an intruder accessed Gyazo's database, exposing about 23.62 million user records and 490 million image metadata records. The company is still investigating and asks every Gyazo user to change their password.
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Naples
Collier County rescinds the Willow Park boil water notice for 425 customers
Collier County has rescinded the precautionary boil water notice that covered 425 customers near Willow Park Drive after a new valve installation.
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Lehigh Acres
Lee sheriff lists a Lehigh Acres man as wanted on armed robbery, armed burglary and aggravated battery charges
Southwest Florida Crime Stoppers lists a 22 year old Lehigh Acres man as wanted by the Lee County Sheriff's Office on armed robbery, armed burglary and aggravated battery charges.
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Cape Coral
Cape Coral lifts two boil water notices; one city advisory remains active
Cape Coral rescinded the precautionary boil water notices near 419 SW 52nd Street and 2007 SE 13th Street late Saturday morning. One separate city notice remains active.
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Lehigh Acres
About 2,000 gallons of chlorine left containment at a Lehigh Acres wastewater plant, state filing says
A state pollution filing says about 2,000 gallons of liquid chlorine escaped containment at a Lehigh Acres wastewater plant. The release was stopped, and no waterway or storm drain was affected.
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Lehigh Acres
Forty Lehigh Acres customers remain under a boil water advisory after a Graham Circle main break
FGUA says 40 Lehigh Acres customers near 1425 Graham Circle remain under a boil water advisory after crews repaired an eight inch main break.
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Economics
Bolivia's legislature approves $1.9bn IMF financing
Bolivia's Senate completed legislative approval of about $1.9 billion in IMF financing. The measure now goes to the executive for promulgation, with disbursements available over as long as 36 months.
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World
Trump signs Russia sanctions law with tariffs up to 500 percent
President Trump signed H.R. 5334, requiring new Russia sanctions and tariffs within 30 days. The law permits rates up to 500 percent on Russian goods and 100 percent on certain Russian energy buyers.
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Fort Myers
Fort Myers police charged a man after a stabbing near Main Street sent one person to a hospital
Fort Myers police charged a 41-year-old man after an officer found a stabbing victim with serious cuts near Main Street. The victim was taken to a hospital.
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Sanibel
Sanibel Fire adopts tentative rollback rate and $30.85m budget
Sanibel Fire and Rescue District adopted a tentative 1.3016-mill property tax rate and a $30,853,878 fiscal 2027 budget. The final hearing is September 21.
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Technology
Google confirms Gemini accessed three companies during a cybersecurity test
Google confirmed Gemini accessed three real companies' systems during a May cyber evaluation after the test environment unintentionally left internet access available. The model stopped after recognizing the targets were outside the exercise.
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Naples
Collier County boil water notice remains active for 425 customers after new valve installation
Collier County lists an active precautionary boil water notice for 425 customers near Willow Park Drive. Water service has been restored after a new valve was installed.
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Finance
BCB Bancorp raises $98m as it prepares to dispose of potential problem loans
BCB Bancorp closed a $98m stock offering, including an underwriter over-allotment. The New Jersey lender says proceeds may support capital while it disposes of identified potential problem loans.
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Finance
Credit Acceptance agrees to $60m consumer fund and estimated $634m debt waiver
The subprime auto lender agreed to fund $60m of consumer relief and waive an estimated $634m of balances under proposed judgments with 40 states and Washington, D.C. Each agreement still needs court approval.
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Naples
Pine Ridge Road under I-75 will close for a full weekend starting September 25
Pine Ridge Road will close in both directions under Interstate 75 from 11 p.m. Friday, September 25, through 6 a.m. Monday, September 28. I-75 will remain open.
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Naples
The I-75 northbound crash at mile marker 110 in Naples is marked roadway clear
The Florida Highway Patrol now marks roadway clear for the crash that blocked the left northbound lane of I-75 at mile marker 110 in Naples.
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Cape Coral
The northwest Lee County storm statement expired at 6 p.m.
The National Weather Service Special Weather Statement for Cape Coral and northwest Lee County expired at 6 p.m. It is no longer on the active alert feed.
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Marco Island
Jolley Bridge reopens after vehicle fire; traffic flow returns to normal
Jolley Bridge has reopened after a vehicle fire shut the northbound lanes. Marco Island police say all roads are clear and traffic has returned to normal.
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Collier County
The Collier County storm statement expired at 5:15 p.m.
The National Weather Service Special Weather Statement for coastal and inland Collier County expired at 5:15 p.m. It is no longer on the active alert feed.
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Finance
Dillard's will move its two primary listings from NYSE to TXSE
Dillard's will transfer its primary stock and trust-securities listings from the New York Stock Exchange to the Texas Stock Exchange. TXSE trading is planned to begin October 5.
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Finance
H.I.G. Capital agrees to buy Mistras for about $866m
H.I.G. Capital agreed to buy Mistras Group for $20.35 a share in cash, an enterprise value of about $866m. Mistras has a 40-day go-shop period.
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Lee County
The southern Lee County Flood Advisory expired at 5:15 p.m.
The National Weather Service Flood Advisory for southern Lee County expired at 5:15 p.m. It is no longer on the active alert feed.
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Estero
The I-75 southbound crash at mile marker 123 in Estero is marked roadway clear
The Florida Highway Patrol now marks roadway clear for the crash that blocked the left southbound lane of I-75 at mile marker 123 in Estero.
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Collier County
The strong storm statement near Loop Road expired at 4 p.m.
A National Weather Service Special Weather Statement for inland Collier County expired at 4 p.m. Radar had indicated a strong storm near Loop Road with 45 to 50 mph gusts, torrential rain and frequent lightning.
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Tax
IRS says Tribal Tax Credits do not exist and may bring penalties
The IRS says promoters are selling nonexistent Tribal Tax Credits as a way to reduce federal tax or generate refunds. Return acceptance does not mean the claimed credit was approved.
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Fort Myers
Daniels Parkway turn lane is clear after a disabled vehicle blocked it near the Interstate 75 southbound entrance
A disabled vehicle that blocked the second left turn lane on Daniels Parkway at the Interstate 75 southbound entrance was gone from the Florida Highway Patrol board by 11:54 a.m.
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World
President directs review of Canadian goods in the federal procurement system
A presidential memorandum directs officials to identify Canadian-origin goods that can legally be removed from federal civilian purchasing, citing Canadian procurement preferences and provincial restrictions.
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Cape Coral
Cape Coral posts a precautionary boil water notice near 1215 SE 16th Street after a water main break
Cape Coral lists a new precautionary boil water area near 1215 SE 16th Street after a water main break. The mapped notice remains active.
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Technology
California sets AI audit deadlines and orders a study of frontier-model kill switches
Executive Order N-9-26 sets 2027 deadlines for California's AI verification framework and requires recommendations by November 16 on independent audits and possible kill switches for frontier models.
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Finance
Fed review says supervisors saw SVB risks by March 2022 but did not act decisively
An independent review commissioned by the Fed found supervisors knew or should have known about Silicon Valley Bank's vulnerabilities by March 2022 but did not require prompt corrective action.
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Economics
Unemployment rates fell in eight states and DC as four states added payroll jobs
BLS found statistically significant unemployment-rate declines in eight states and Washington, DC, in August. California, Wisconsin, South Carolina and New Mexico recorded significant payroll gains.
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Economics
US industrial production was flat in August as factory output fell 0.3 percent
US industrial production was unchanged in August as manufacturing output fell 0.3 percent. Utilities rose 1.8 percent, while total capacity utilization held at 76.3 percent.
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Economics
US leading index fell 0.1 percent in August as its six-month growth turned negative
The Conference Board's US Leading Economic Index slipped to 99.5 in August. Consumer expectations, building permits and jobless claims outweighed stronger financial components, but the index did not trigger a recession signal.
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Economics
Renewables supplied 54.1 percent of EU electricity in the second quarter
Renewable sources supplied 54.1 percent of electricity generated in the European Union during the second quarter. Solar accounted for 41.6 percent of renewable generation.
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Finance
CAVA authorizes a $100m share repurchase program
CAVA's board authorized up to $100m of share repurchases through September 17, 2027. The company may fund purchases with existing cash, cash equivalents and operating cash flow.
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Cape Coral
Cape Coral lifts the boil water notice near 2614 SW Santa Barbara Place; two city notices remain
Cape Coral rescinded the precautionary boil water notice near 2614 SW Santa Barbara Place at 7:40 a.m. Friday. Two separate city notices remain active.
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Fort Myers
Generators By Design dissolved as WINK reports customer deposit claims
Florida records show that Fort Myers generator business Generators By Design dissolved in February 2025. WINK News reports that Southwest Florida customers say they are still trying to recover deposits for installations that did not happen.
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Economics
Euro area inflation expectations rise at every horizon in ECB survey
Euro area consumers raised median inflation expectations to 3.0 percent one year ahead, 2.9 percent three years ahead and 2.5 percent five years ahead in August.
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Naples
The I-75 crash at mile marker 111 is no longer on FHP's active board after blocking two northbound lanes in Naples
A crash that blocked the left and center northbound lanes of Interstate 75 at mile marker 111 no longer appears on the Florida Highway Patrol's active incident board.
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Economics
German service prices rose 3.7 percent as sea freight climbed 20.7 percent
German service producer prices rose 3.7 percent from a year earlier in the second quarter. Sea and coastal freight prices climbed 20.7 percent, while accounting services rose 6.0 percent.
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Economics
German producer prices rose 4.6 percent as mineral oil products jumped 40.5 percent
German producer prices rose 4.6 percent from a year earlier and 1.1 percent in August. Energy prices climbed 8.3 percent, led by a 40.5 percent increase in mineral oil products.
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Economics
UK retail sales rose 0.5 percent as online and department store volumes recovered
Great Britain retail sales volumes rose 0.5 percent in August and 0.9 percent over three months. Online spending values climbed 2.5 percent for the month.
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Finance
Bank of Japan raises policy rate to 1.25 percent in 7-2 vote
The Bank of Japan raised its policy rate by 25 basis points to around 1.25 percent in a 7-2 vote. The new rate takes effect September 24.
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Naples
Construction blocks lanes near both I-75 Exit 101 ramps on Collier Boulevard
Florida Highway Patrol lists construction lane blockages on Collier Boulevard near both I-75 Exit 101 ramps. Two center lanes are blocked near the southbound ramp, and the far left turn lane is blocked near the northbound ramp.
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Economics
Japan's August inflation held at 1.9 percent as energy prices fell
Japan's consumer prices rose 1.9 percent in August, unchanged from July. The core measure excluding fresh food slowed to 1.7 percent as energy prices fell.
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Economics
RBA says some upside inflation risks are materialising before its next rate meeting
Reserve Bank of Australia Governor Michele Bullock said some upside inflation risks now appear to be materialising. The Board will assess whether this year's 75 basis points of tightening is enough.
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Economics
New Zealand annual trade deficit widens to NZ$5.4bn
New Zealand's annual goods trade deficit widened to NZ$5.4bn in August from NZ$3.2bn a year earlier. Monthly exports rose 15 percent and imports gained 13 percent.
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Finance
Aon issues $13.5bn of notes to help fund USI acquisition
Aon issued seven senior note tranches totaling $13.5bn. Six tranches worth $11.5bn carry a 101 percent redemption requirement if its pending acquisition of USI does not close.
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Economics
South Korea's producer prices rose 7.9 percent as semiconductor prices more than doubled
South Korea's producer price index rose 7.9 percent from a year earlier in August and 0.2 percent from July. Semiconductor prices climbed 147.6 percent over the year.
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Naples
Gas leak closes every eastbound lane on Rattlesnake Hammock Road just east of Collier Boulevard
All eastbound lanes of Rattlesnake Hammock Road are closed just east of Collier Boulevard while gas company workers repair a leak, according to the Collier County Sheriff's Office.
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Personal Finance
The 30-year mortgage rate rises 19 basis points to 6.95 percent
Freddie Mac's average 30-year fixed mortgage rate rose to 6.95 percent from 6.76 percent last week. The 15-year average increased to 6.26 percent from 6.09 percent.
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Finance
Treasury designates Iranian crypto exchange BitBank and its developer
OFAC added Iranian crypto exchange BitBank, its software developer and three individuals to the sanctions list. The two entities are marked subject to secondary sanctions.
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Cape Coral
Cape Coral opens third active boil water area after main break at 2007 SE 13th Street
Cape Coral lists a new precautionary boil water area near 2007 SE 13th Street after a water main break. The notice is active and the city has not posted a rescission.
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Cape Coral
Cape Coral opens second active boil water area after main break at 419 SW 52nd Street
Cape Coral lists a new precautionary boil water area near 419 SW 52nd Street after a water main break. The notice is active and the city has not posted a rescission.
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Economics
Pending home sales rise 0.3 percent in August but remain below last year
Pending home sales rose 0.3 percent in August but remained 4.7 percent below a year earlier. Monthly gains in the South and West offset declines in the Northeast and Midwest.
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Collier County
Collier County's measles count reaches 113 after Florida adds three September cases
Florida's latest disease report lists 113 measles cases among Collier County residents in 2026, up three from the 110 counted through August 29. The state report is preliminary and does not identify exposure locations.
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Economics
DOE says its 2022 manufactured-home energy rule has no legal effect
DOE says its 2022 manufactured-housing energy standards lost legal effect under a housing law enacted July 11. The department will not enforce them while HUD develops replacement standards.
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Economics
Bank of England holds at 3.75 percent as three members vote to raise rates
The Bank of England held Bank Rate at 3.75 percent in a 6 to 3 vote. It also set a plan to unwind its remaining monetary-policy gilt portfolio by the end of 2034.
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Economics
Initial jobless claims fall to 196,000; continuing claims drop to 1.73 million
Seasonally adjusted initial unemployment claims fell by 10,000 to 196,000 in the week ending September 12. Continuing claims dropped by 39,000 to 1.73 million one week earlier.
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Economics
US housing completions fall 11.9 percent as permits and starts also ease
Housing completions fell 11.9 percent in August to a 1.128 million annual rate. Permits declined 2.7 percent and starts fell 2.6 percent, though the starts change was not statistically significant.
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Finance
SEC grants five-year exemption for tokenized stock trading venues
The SEC granted temporary relief from exchange registration for permissioned venues trading tokenized NMS stocks through automated liquidity pools. The conditional order expires five years after publication.
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Cape Coral
Cape Coral lifts boil water notices near SE 5th Street and SE 27th Terrace; one city notice remains
Cape Coral rescinded precautionary boil water notices near 1923 SE 5th Street and 129 SE 27th Terrace Thursday morning. One separate city notice remains active.
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Technology
Huawei says new Peerium architecture can link one million processors
Huawei says its new Peerium architecture can scale to one million processors. A 256,000-card Atlas 950 cluster is being deployed, while an Atlas 960 system using near-packaged optics remains in testing.
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Finance
Allstate estimates $748m of August catastrophe losses across 21 events
Allstate estimates $748m of catastrophe losses for August, or $591m after tax. The month contained 21 events, with about half of the total tied to one wind and hail event.
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Immokalee
ALDI sets September 24 opening for Immokalee's first full-service grocery store since 2025
ALDI will open its Immokalee store September 24, with a ribbon cutting at 8:30 a.m. and daily customer hours from 9 a.m. to 8 p.m.
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Lehigh Acres
Lee County pauses community-plan rewrite affecting Lehigh Acres and removes the October 7 hearing
Lee County commissioners paused CPA2026-00005, the countywide plan rewrite that includes Lehigh Acres, and removed it from the October 7 meeting calendar.
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Estero
I-75 southbound is clear after a crash blocked the center lane at mile marker 123 in Estero
Interstate 75 southbound is clear at mile marker 123 in Estero after a crash blocked the center lane, according to the Florida Highway Patrol.
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Finance
Drax expects 2026 adjusted EBITDA near top of £680 million to £711 million range
Drax now expects 2026 adjusted EBITDA near the top of analysts' £680 million to £711 million range after strong July and August performance and the addition of Bluefield Solar Income Fund.
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Economics
Eurostat lowers final August euro area inflation reading to 3.2 percent
Euro area inflation rose to 3.2 percent in August from 2.9 percent in July, one tenth below Eurostat's flash estimate. Energy contributed 1.29 percentage points to the annual rate.
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Economics
Singapore non-oil exports rose 46.2 percent as electronics more than doubled
Singapore's non-oil domestic exports rose 46.2 percent in August as electronics climbed 131.8 percent. Total merchandise trade reached S$156.9bn, up 44.5 percent from a year earlier.
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Economics
New Zealand GDP grows 0.2 percent as construction rises 2.7 percent
New Zealand's economy grew 0.2 percent in the June quarter after a 0.9 percent first-quarter rise. Construction gained 2.7 percent, while real national disposable income fell.
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Economics
Australia's population growth slows to 1.4 percent as net migration falls
Australia's population grew 1.4 percent to 27.9 million in the year through March. Net overseas migration remained the largest source of growth but fell 5.6 percent from the prior year.
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Fort Myers
The ramp from westbound Daniels Parkway to northbound I-75 is closed until 6 a.m. for interchange work
The westbound Daniels Parkway ramp to northbound Interstate 75 is closed until 6 a.m. Thursday, then scheduled to close again from 9 p.m. Thursday to 6 a.m. Friday.
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Economics
Hong Kong sets its Base Rate at 4.25 percent after the Fed increase
The Hong Kong Monetary Authority set its Base Rate at 4.25 percent with immediate effect. Its formula selected the Federal Reserve linked figure over a 2.50 percent HIBOR alternative.
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Economics
Japan's household financial assets rise 11 percent to ¥2,519tn
Japanese household financial assets reached ¥2,519tn at the end of June, up 11 percent from a year earlier. Equity holdings rose 47 percent, while cash and deposits increased 0.5 percent.
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North Fort Myers
Florida Highway Patrol marks I-75 southbound clear after a two-lane roadblock in North Fort Myers
Florida Highway Patrol now marks the roadway clear after a crash blocked the two left lanes of southbound Interstate 75 at mile marker 144 in North Fort Myers.
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Naples
Florida Highway Patrol marks the roadway clear after an I-75 southbound crash at mile marker 111 in Naples
Florida Highway Patrol now marks the roadway clear after a crash with a roadblock on Interstate 75 southbound at mile marker 111 in Naples. The public entry gives no injury information.
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SW Florida
Health officials caution residents after bloom observed in Faka-Union Canal Basin
A bloom was observed in the Faka-Union Canal Basin near 16th Avenue SE. Florida DEP says the sample contained mixed algae with no dominant species; toxin results are pending.
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Finance
Lennar cuts full-year delivery target as quarterly profit falls 52 percent
Lennar lowered its full-year delivery target by 2,000 homes after third-quarter profit fell 52 percent to $284 million. New orders declined 9 percent, and home-sale gross margin narrowed to 15.8 percent.
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Finance
Mission Produce plans three facility closures and workforce cuts after Calavo deal
Mission Produce plans to close three facilities and reduce its workforce after buying Calavo Growers. The filing identifies $1.4m of severance costs, $8.6m of accelerated depreciation and $5.4m of retirement obligations.
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Economics
US records $83.7bn July foreign capital inflow despite long-term securities sales
The United States recorded an $83.7bn net foreign capital inflow in July even as long-term securities produced a $27.9bn outflow. Short-term securities and banks' foreign liabilities supplied the difference.
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Immokalee
Mark Frisbie agrees to plead guilty in a federal crop insurance case and pay $3.26 million in restitution
A federal plea agreement says Immokalee area farmer Mark Frisbie will plead guilty to making a false statement in a crop insurance claim and pay about $3.26 million in restitution.
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Economics
Fed raises rates to 3.75 to 4 percent; year-end median reaches 4.1 percent
The Federal Reserve raised its target range by a quarter point to 3.75 to 4 percent. Policymakers' median projection puts the federal funds rate at 4.1 percent at year-end.
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Technology
Bessent says US is open to China talks on shared AI risks
Treasury Secretary Scott Bessent told Axios that the United States is open to discussing shared AI risks with China. The weekend talks are expected to include open and closed weight models.
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Finance
US crude stocks fall 640,000 barrels as fuel supplies rise
Commercial crude inventories fell 640,000 barrels in the week ending September 11, while gasoline rose 794,000 barrels and distillate stocks increased 1.59m barrels, EIA data show.
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Technology
Circle launches Arc blockchain with USDC fees and more than 100 apps
Circle launched the Arc public mainnet with USDC transaction fees, more than 100 applications and more than 100 institutional and ecosystem builders, extending its stablecoin platform into blockchain infrastructure.
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Technology
May Mobility signs $1.4bn deal to list through ACP Holdings
May Mobility signed a business combination with ACP Holdings at about $1.4bn in pro forma enterprise value, with up to $337m in gross proceeds and a planned Nasdaq ticker of MAY.
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Economics
US builder confidence falls to 32 as price cuts spread
Builder confidence fell three points to 32 in September, its lowest level in a year. The NAHB survey found 38 percent of builders cut prices and 66 percent used sales incentives.
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Economics
US business inventories rise 0.8 percent as sales gain 0.3 percent
Business inventories reached $2.76tn in July, up 0.8 percent from June, while combined sales rose 0.3 percent to $2.12tn. The inventories-to-sales ratio held at 1.30.
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Finance
SEC proposes scrapping federal shareholder proposal rule
The SEC proposed rescinding Rule 14a-8 and leaving shareholder proposal rights to state law and company documents. A companion proposal would end annual report delivery requirements and shorten the broker search period.
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Economics
EPA repeals most 2024 power plant carbon standards and proposes ending the rest
A final rule removes emission guidelines for existing fossil fuel steam plants and carbon capture standards for modified coal units and new base load turbines. A companion proposal would repeal remaining greenhouse gas rules.
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Ochopee
Florida Highway Patrol removes the I-75 vehicle fire lane block near Ochopee from its live board
Florida Highway Patrol no longer lists the vehicle fire that had blocked the right lane of southbound I-75 at mile marker 76 near Ochopee.
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Economics
US import prices rise 0.7 percent; annual gain reaches 7.0 percent
Import prices rose 0.7 percent in August and 7.0 percent over the year, the strongest annual increase since August 2022. Nonfuel prices advanced while fuel prices edged lower.
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Economics
US retail sales rise 1.2 percent in August; online sales gain 2.6 percent
Retail and food services sales reached $773.9 billion, rising 1.2 percent from July and 6.0 percent from a year earlier. The figures are seasonally adjusted but not adjusted for prices.
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Accounting
England and Wales double charity accruals-account threshold to £500,000
Charities in England and Wales face higher income thresholds for accruals accounts, independent examination and mandatory audits. The changes apply to financial years ending on or after September 30.
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Cape Coral
Cape Coral lifts the boil water notice near 2735 Santa Barbara Boulevard; three notices remain active
Cape Coral rescinded the precautionary boil water notice near 2735 Santa Barbara Boulevard at 7:57 a.m. Wednesday. Three separate city notices remain active.
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Bonita Springs
Lee County awards $197,676 contract to line Bonita Beach Road storm drains
Lee County awarded a $197,676 contract to inspect, clean and line 1,488 feet of storm drains along Bonita Beach Road between Mango Drive and Interstate 75.
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Alva
Lee County approves $6.98 million contract for a new Alva EMS station
Lee County approved a $6.98 million construction contract for a 7,794-square-foot EMS station at 2480 Iverson Street in Alva.
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Finance
Oscar Health raises 2026 operating earnings outlook by $100 million
Oscar Health raised its 2026 operating-earnings range to $600 million to $800 million. It also lowered its expected medical-loss ratio by half a percentage point.
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Economics
UK inflation rose to 3.1 percent in August as fuel costs added pressure
UK consumer price inflation rose to 3.1 percent in August from 2.9 percent in July. Motor fuels made the largest upward contribution, while core inflation held at 2.6 percent.
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Economics
Euro area industrial output edged down 0.1 percent in July
Eurostat said industrial production fell 0.1 percent from June in the euro area and 0.3 percent in the EU. Non-durable consumer goods led the euro-area decline.
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Fort Myers
Construction is blocking the right lane of I-75 northbound at mile marker 131 in Fort Myers
Construction is blocking the right northbound lane of Interstate 75 at mile marker 131 in Fort Myers, according to the Florida Highway Patrol.
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SW Florida
Collier County suspends Road Dogs after a shelter dog dies in a county vehicle
Collier County has suspended its Road Dogs shelter ride-along program after a dog was found dead in a county vehicle. The county told WINK News that an investigation is underway.
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Finance
Barratt Redrow cuts 2027 home completion range after planning delays
Barratt Redrow cut its 2027 completion range to 17,500 to 17,900 homes as planning delays reduce sales outlets. Adjusted pretax profit fell 7.1 percent in the year through June.
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Finance
Peel raises Harworth cash offer to nearly £600 million
Peel Pepper raised its bid for Harworth Group to 177.5 pence a share, valuing the property developer at about £599.77 million. The new price is 2.9 percent above its August offer.
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Sanibel
Rare rust tide bloom near Sanibel raises concern for marine life
Researchers have identified a rare rust tide bloom around Sanibel and Pine Island Sound. They say it can deplete oxygen and harm marine life, and they advise avoiding visibly affected water.
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Economics
Japan's core machinery orders fell 3.7 percent in July
Japan's core private machinery orders fell 3.7 percent in July after rising 9.7 percent in June. Total orders received by 280 manufacturers dropped 5.5 percent on a seasonally adjusted basis.
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Cape Coral
Cape Coral police ask residents to identify a man after vehicle burglaries near Country Club Boulevard
Cape Coral police are asking the public to identify a man they say burglarized multiple vehicles on September 13 and 14. Gulf Coast News reports the incidents occurred near Country Club Boulevard.
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Finance
South Korea proposes fair-value test for listed-company mergers
South Korea's financial regulator proposed replacing the fixed market-price formula for listed-company mergers with a fair-value test. The rules would add board opinions, outside review and related-party disclosures from December 9.
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Economics
Japan's trade deficit nearly quadrupled as import prices rose 24.7 percent
Japan's August trade deficit widened to ¥1.106tn as imports rose 28.0 percent and exports increased 19.3 percent. Import volume rose only 2.7 percent while unit values climbed 24.7 percent.
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Fort Myers
FHP no longer lists McGregor Boulevard injury crash near Paul Schultz Way
Florida Highway Patrol listed an injury crash at McGregor Boulevard and Paul Schultz Way in Fort Myers Tuesday evening. The incident was no longer on the state board in a closing check.
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Finance
ONEOK tender hits $2bn purchase cap after holders offer $5.90bn of notes
ONEOK received tenders for $5.902 billion of notes against a $2 billion purchase-price cap. It expects to accept $2.462 billion of principal across 14 of the 20 eligible series.
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Finance
Uber closes €4.5bn five-part bond sale with maturities through 2046
Uber completed a €4.5 billion senior unsecured bond sale across five maturities from 2029 to 2046. Coupons range from 3.750 percent on the shortest notes to 5.250 percent on the longest.
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Collier County
Flood advisory expires for Naples, Golden Gate and west-central Collier County
The National Weather Service flood advisory for west-central Collier County expired at 6 p.m. Tuesday after 2 to 3 inches of rain fell.
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North Fort Myers
FHP clears an I-75 crash at mile marker 142 and drops a nearby mile marker 143 roadblock entry
Florida Highway Patrol records carried nearby crash entries with roadblocks on northbound Interstate 75 at mile markers 142 and 143 in North Fort Myers. The state now marks the mile marker 142 roadway open and no longer lists the mile marker 143 entry.
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Tax
IRS extends the livestock replacement clock for drought affected farmers
The IRS extended the replacement period for qualifying livestock sold because of drought. Eligible farmers and ranchers in listed regions can keep gain deferred until a drought free year ends the extension.
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Economics
U.S. adds cheese, golf carts and furniture to 50 percent Canada tariff list
A revised U.S. tariff schedule adds Canadian cheese, paper, metal goods, golf carts and furniture to the 50 percent Section 338 levy while removing several products including salt and cement.
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Finance
Tyler Technologies sets a $260 million stock repurchase window
Tyler Technologies entered a prearranged plan to repurchase as much as $260 million of stock from September 16 through October 29. It has $1.416 billion left under its broader authorization.
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Lehigh Acres
A woman died after a heavy vehicle entered water at Bell Mine off State Road 82
Two local outlets report that a woman died after heavy equipment entered water at Bell Mine off State Road 82. Lee County deputies recovered her body, and state and federal investigations were continuing.
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Fort Myers
Lee County sheriff says a second man is charged in Steven Roth's killing
Lee County Sheriff Carmine Marceno announced a second arrest in the killing of Steven Roth. The county booking record lists Justin Michael Kight on murder and evidence-tampering charges, with no bond recorded.
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SW Florida
Two Sunday injury crashes that blocked I-75 ramps in Collier County are no longer on the state board
Florida Highway Patrol records captured Sunday show separate injury crashes with roadblocks at I-75 ramp areas near mile markers 80 and 107 in Collier County. Neither incident remained on the live board Tuesday.
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Cape Coral
A barge crane hit power lines and cut electricity to 170 Cape Coral customers Tuesday morning
A barge crane contacted power lines near SW 1st Place in Cape Coral on Tuesday morning, Gulf Coast News reported. The reported outage affected 170 customers, and no injuries were reported.
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Cape Coral
Cape Coral adds boil water areas near SW Santa Barbara Place and SE 27th Terrace
Cape Coral lists two additional precautionary boil water areas after water main breaks, including a new area near 2614 SW Santa Barbara Place. Four city areas are active.
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Olga
A three-year-old boy has died after a drowning call at an Olga home
Gulf Coast News reports that a three-year-old boy died at a hospital Monday after Lee County deputies responded Friday to a drowning call at an Olga home.
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Cape Coral
Cape Coral posts a boil water notice near 1923 SE 5th Street after a water main break
Cape Coral lists a new precautionary boil water area near 1923 SE 5th Street after a water main break. Two city areas are active.
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Economics
Canada's inflation held at 3 percent as travel costs offset slower gasoline
Canada's consumer price index rose 3.0 percent from a year earlier in August, matching July. Slower gasoline inflation was offset by faster increases for travel tours and rent.
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Tax
Treasury opens a $5 billion New Markets Tax Credit allocation round
Treasury's CDFI Fund opened a $5 billion New Markets Tax Credit allocation round. Certified community development entities can apply by November 10 for authority to attract private investment into low-income communities.
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Personal Finance
OPM asks whether federal health plans should offer more choices and face a premium ceiling
OPM is reviewing the three-option limit for federal employee health plans and asking whether high-premium offerings should be removed. The request starts a policy review but makes no immediate coverage changes.
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Technology
Cambium Networks cut 53.6 percent of its workforce as its UK subsidiary entered administration
Cambium Networks cut 260 jobs, or 53.6 percent of its global workforce, without severance offers. Its UK subsidiary entered administration Monday as administrators began trying to sell company assets and business lines.
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Fort Myers
An I-75 southbound injury crash at mile marker 134 in Fort Myers is marked roadway clear
The Florida Highway Patrol marks the roadway clear after an injury crash on southbound Interstate 75 at mile marker 134 in Fort Myers.
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Cape Coral
Cape Coral police say the child hospitalized after a drowning call is stable
Cape Coral police told two local newsrooms that the child taken to a hospital Sunday after being found in water behind a home is stable.
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Naples
Construction is blocking the right lane of I-75 southbound at mile marker 101 in Naples
Construction is blocking the right southbound lane of Interstate 75 at mile marker 101 in Naples, according to the Florida Highway Patrol.
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Stockholm
Sweden's preliminary election count leaves government formation unsettled
Sweden's live preliminary count put the four parties aligned with the incumbent government on 173 seats and the other four parliamentary parties on 176, with 470 districts unreported.
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Naples
Construction restricts both Exit 101 ramps at I-75 in Naples
Construction is restricting lanes on both Exit 101 ramps at Collier Boulevard and Interstate 75 in Naples, according to the Florida Highway Patrol.
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World
Ukrainian Railways says a Russian drone struck a passenger locomotive two kilometres from Poland
Ukrainian Railways said a Russian drone struck a passenger locomotive at Yahodyn, two kilometres from Poland. Its monitoring team ordered an evacuation 15 minutes before impact, and nobody was injured.
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Cape Coral
A child was hospitalized after being found in water behind a Cape Coral home
Cape Coral police say a child was found in water behind a home on Hancock Bridge Parkway and taken to a hospital; the child's condition has not been released.
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Bonita Springs
All lanes are clear after a crash blocked I-75 southbound at mile marker 116 in Bonita Springs
All lanes are clear after emergency vehicles blocked the left southbound lane of Interstate 75 at mile marker 116 in Bonita Springs, according to the Florida Highway Patrol.
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Lehigh Acres
All lanes are open after an injury crash blocked Lee Boulevard at Harry Avenue North
All lanes are open after an injury crash blocked eastbound Lee Boulevard at Harry Avenue North in Lehigh Acres, according to the Florida Highway Patrol.
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Lee County
The flood advisory for Cape Coral, Fort Myers and North Fort Myers expired at 3:45 p.m.
The National Weather Service flood advisory for northwestern Lee County expired at 3:45 p.m. after 1.5 to 2.5 inches of rain fell.
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Naples
An I-75 northbound crash roadblock at mile marker 101 in Naples is no longer listed
A crash that blocked the right northbound lane of Interstate 75 at mile marker 101 in Naples is no longer listed on the state incident board.
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World
Fire breaks out after a vessel strike in the Strait of Hormuz, UKMTO says
UKMTO updated its warning after a projectile struck a vessel in the Strait of Hormuz. A fire broke out, and local authorities were helping evacuate crew members while the vessel's condition remained unreported.
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Cape Coral
Cape Coral lifts the boil water notice near 607 SE 46th Terrace; one city area remains active
Cape Coral rescinded the precautionary boil water notice near 607 SE 46th Terrace at 10:19 a.m. Sunday. One separate city notice remains active.
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World
ICSID rejects an annulment bid in South Korea's 264.1bn won investor dispute
An ICSID committee rejected Fengzhen Min's bid to annul South Korea's 2024 win over a 264.1bn won claim. It also ordered him to reimburse about 1.51bn won of government costs, plus interest.
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Naples
FHP says Collier Boulevard is clear after an injury crash at Business Circle North in Naples
The Florida Highway Patrol now says Collier Boulevard is clear at Business Circle North after an injury crash blocked northbound traffic Sunday morning.
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SW Florida
Lee County school board adopts a $3.055 billion budget with a lower 5.271-mill property tax rate
The School Board of Lee County approved a $3.055 billion fiscal 2027 budget and cut its total property tax rate to 5.271 mills, down 0.048 mill from fiscal 2026.
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Cape Coral
Cape Coral posts a boil water notice near 2735 Santa Barbara Boulevard after a water main break
Cape Coral lists a new precautionary boil water area near 2735 Santa Barbara Boulevard after a water main break. Two city areas are active.
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World
Saudi Arabia holds off a response after attacks shut the East-West Pipeline
Saudi Arabia said it will hold off any response after drone attacks damaged the East-West Pipeline. The shutdown remains precautionary, with no published restart time or quantified export effect.
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Collier County
NWS tracked a possible funnel cloud near Big Cypress, then 55 mph winds near Alligator Alley
The National Weather Service issued two special weather statements touching inland Collier County Saturday afternoon, one for a possible funnel cloud near Big Cypress and one for wind gusts near Alligator Alley. Both expired.
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Naples
A vehicle fire blocked two northbound I-75 lanes near mile marker 107 in Naples; the incident has cleared
A vehicle fire blocked the center and right northbound lanes of I-75 near mile marker 107 in Naples Saturday morning. The incident is no longer on Florida Highway Patrol's live board.
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World
BRICS backs local currency payment talks without choosing a single system
The New Delhi declaration keeps BRICS work on cross-border payment links and local currency settlement alive. It also says national priorities differ and there is no single approach for members.
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Cape Coral
Cape Coral lifts three boil water notices near Country Club Boulevard, SW 51st Terrace and SE 16th Terrace
Cape Coral rescinded three precautionary boil water notices Saturday afternoon. One city notice near 607 SE 46th Terrace remains active.
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Technology
Anthropic promises embedded evaluators as Amodei urges slower AI gains
Anthropic will give third-party evaluators continuing access to its safety work. CEO Dario Amodei also proposed common industry limits and eventual international coordination to slow unchecked AI capability gains.
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Naples
Crash blocks Immokalee Road near the I-75 northbound entrance ramp in Naples
Florida Highway Patrol lists a crash roadblock on Immokalee Road near the I-75 northbound entrance ramp in Naples. No reopening estimate is posted.
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Economics
ECB raises its deposit rate to 2.50 percent as inflation forecasts rise
The European Central Bank raised all three key rates by 25 basis points. Its deposit rate reaches 2.50 percent on September 16, while the 2027 and 2028 inflation forecasts moved higher.
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Economics
UK GDP grew 0.4 percent in July as all three main sectors rose
UK gross domestic product grew 0.4 percent in July. Services rose 0.4 percent, production 0.2 percent and construction 0.1 percent, according to the official monthly estimate.
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Tax
OECD adds a US side by side election to the GloBE information return
The revised GloBE Information Return lets US headed groups elect the side by side safe harbor. The election removes the return's high level summary and some corporate structure reporting.
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Cape Coral
Daniel Eric Colon dies after Cape Coral police shooting; department says recovered weapon was an Airsoft pistol
Cape Coral police identified the man shot by officers as Daniel Eric Colon and said the recovered weapon was a CO2 Airsoft pistol. WINK News reports police confirmed Colon died.
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North Fort Myers
A fatal crash closed Del Prado Boulevard North in North Fort Myers; FHP later marked the roadway clear
A fatal crash closed Del Prado Boulevard North near Monte Isola Way and affected the US 41 junction Friday afternoon. Florida Highway Patrol later marked the roadway clear.
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Cape Coral
Cape Coral adds boil water areas near SE 16th Terrace and SE 46th Terrace, bringing the active total to four
Cape Coral lists two newly uncovered precautionary boil water areas near 413 SE 16th Terrace and 607 SE 46th Terrace after water main breaks. Four city areas are active.
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Cape Coral
Cape Coral lifts the boil water notice near 142 SE 15th Place; four newer areas remain active
Cape Coral rescinded the precautionary boil water notice near 142 SE 15th Place Friday morning. Four newer city notice areas remain active.
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Lee County
Thursday's Lee County flood advisories covered Cape Coral, Fort Myers and the beaches before expiring
Two National Weather Service flood advisories covered parts of Lee County Thursday afternoon and evening. Both expired, and no Lee or Collier alert remained active Friday night.
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Cape Coral
Cape Coral opens two boil water areas near Country Club Boulevard and SW 51st Terrace
Cape Coral lists two new precautionary boil water areas near 906 Country Club Boulevard and 801 SW 51st Terrace after water main breaks. Three city areas are active after two older notices were lifted.
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Personal Finance
New federal undergraduate student loans carry a 6.52 percent rate through June 2027
Federal undergraduate loans first disbursed from July 2026 through June 2027 carry a 6.52 percent fixed rate. Graduate unsubsidized loans are 8.07 percent and PLUS loans are 9.07 percent.
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Economics
Italian industrial production rose 0.7 percent in July while annual output was flat
Italy's industrial production increased 0.7 percent in July after seasonal adjustment, led by a 2.1 percent rise in consumer goods. Output was unchanged from July 2025.
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Naples
Construction blocks the right northbound lane of I-75 at Exit 101 in Naples
Construction is blocking the right northbound lane of Interstate 75 at mile marker 101 in Naples. Two earlier ramp restrictions are no longer listed on the state incident board.
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Naples
The disabled vehicle call that blocked I-75 southbound at mile marker 99 is no longer listed
The Florida Highway Patrol no longer lists the disabled vehicle call that blocked the left southbound lane of Interstate 75 at mile marker 99 in Naples.
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Technology
OpenAI begins GPT-6 Astra rollout at $10 per million input tokens
OpenAI started a limited GPT-6 Astra rollout and plans wider ChatGPT and API access over the coming days. Standard API pricing is $10 per million input tokens and $50 per million output tokens.
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Economics
Bank of Japan board member says the 1 percent rate should rise into a 1.1 to 2.5 percent neutral range
Policy Board member MASU Kazuyuki said Japan's 1 percent policy rate remains below the Bank's 1.1 to 2.5 percent estimated neutral range and should rise further.
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Cape Coral
Cape Coral police say two officers shot and wounded a man near NE 15th Place after a reported disturbance
Cape Coral police say two officers shot and wounded a 43-year-old man near NE 15th Place Wednesday evening. Police reported no injuries to law enforcement personnel.
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World
Shin Hanul reactor schedules move to 70 months from 56, KED Global reports
KED Global reports South Korea's workweek cap has added 14 months to construction schedules for Shin Hanul Units 3 and 4. Each reactor is rated at 1,400 megawatts.
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Technology
OpenAI backs four California AI safety bills and calls for federal rules
OpenAI endorsed four California AI safety bills that have reached the governor and called for mandatory federal rules. The company said state measures should continue until Congress acts.
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Technology
Anthropic says a fourth Claude model accessed a real system during testing
Anthropic says an early Claude Opus 4.6 checkpoint gained admin access to a third party system and read one person's personal information during testing. The incident was missed by the company's first transcript review.
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Cape Coral
The landspout threat near Cape Coral and Iona expired at 5:45 p.m.
A National Weather Service Special Weather Statement for northwestern Lee County expired at 5:45 p.m. Radar had indicated nearly stationary strong thunderstorms capable of landspouts and wind gusts up to 50 mph.
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Accounting
PCAOB cuts QC 1000 record retention to five years and drops the external function
The PCAOB adopted targeted changes to its new quality control standard, including five-year record retention and no external quality control function. The December 15 effective date remains, subject to SEC approval.
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World
IAEA Board reports Iran's nuclear safeguards case to the UN Security Council
The IAEA Board approved a resolution reporting Iran's safeguards noncompliance to the UN Security Council. The final resolution was not public when this brief was published.
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Finance
Motorola Solutions adds $2bn to its buyback authorization
Motorola Solutions raised its share repurchase authorization by $2bn. About $600m remained under the previous authorization at the end of June, and the program has no expiration date.
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Finance
FinCEN finds $17.5bn in suspicious activity across health care fraud reports
FinCEN analyzed 5,702 Bank Secrecy Act reports covering about $17.5bn in suspicious activity. The agency cautions that the amount includes attempted transactions, transfers between accounts and activity that may be legal.
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Personal Finance
New Jersey approves higher water rates and a $9.88 monthly PFAS credit
New Jersey American Water rates rise September 15 after regulators approved a $68m annual revenue increase. Eligible water customers will receive a separate $9.88 monthly PFAS settlement credit for 12 months.
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Naples
Paragon Theaters is confirmed as the next operator of Alamo Drafthouse's Mercato cinema
Alamo Drafthouse says its Mercato building will continue as a movie theater under Paragon Theaters after Alamo's September 9 closing. A reopening date has not been announced.
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Finance
AeroVironment revenue rose 6 percent as funded backlog reached $1.5bn
AeroVironment first quarter revenue rose 6 percent to $480.5m and funded backlog reached $1.5bn. The company narrowed its net loss to $5.1m and left full year guidance unchanged.
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Naples
A strong thunderstorm over Lely Resort is bringing 50 mph gusts toward Naples and Marco Island until 4 p.m.
The National Weather Service says a strong thunderstorm over Lely Resort is moving west with wind gusts of 45 to 50 mph. The statement covers coastal and inland Collier County until 4 p.m.
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Finance
America's Car-Mart sold 82 percent fewer cars as unrestricted cash fell
America's Car-Mart sold 2,450 retail units in its fiscal first quarter, down 81.9 percent. Revenue fell 57.3 percent while the used-car retailer continued talks over financing and strategic alternatives.
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Small Business
Trump orders reviews of beef origin labels and gray wolf listings
An executive order gives federal agencies 90 days to review mandatory country of origin labeling for beef, gray wolf recovery status and regulations that affect ranchers. It creates no immediate program.
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Fort Myers
FHP closes its I-75 mile 136 tire debris entry in Fort Myers
The Florida Highway Patrol has closed its entry for tire debris that was in the left southbound lane of Interstate 75 at mile marker 136 in Fort Myers.
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Estero
FHP closes its I-75 Estero crash record after listing all lanes clear
The Florida Highway Patrol has closed its record for a crash that blocked the left southbound lane of Interstate 75 at mile marker 123 in Estero. The same row listed all lanes clear before it disappeared.
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Technology
Treasury designates Xinbi Guarantee and two app providers
OFAC designated Xinbi Guarantee, SafeW Technology and Anwen Technology. Treasury says Xinbi's marketplace processed more than $24bn in digital assets and fiat currency since about 2022.
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Technology
Data processing and hosting revenue rose 20.3 percent in the second quarter
Data processing, hosting and related services revenue reached $124.08bn in the second quarter, up 5.5 percent from the first quarter and 20.3 percent over the year.
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Economics
Private employer compensation averaged $46.89 an hour in June
Private-sector compensation averaged $46.89 an hour in June, including $32.82 in wages and $14.07 in benefits. Benefits accounted for 30 percent of the total.
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Technology
Analog Devices agrees to buy Alif Semiconductor for $1.35bn
Analog Devices agreed to acquire Alif Semiconductor for $1.35bn in cash at closing, plus as much as $200m in contingent payments. The companies expect to complete the transaction before year end.
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Finance
Signet lifts adjusted EPS range as tariff refunds enter forecast
Signet raised its full-year adjusted earnings range after quarterly comparable sales increased 2.2 percent. Its forecast assumes about $30m of tariff refunds and a renewed consumer-credit agreement.
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Finance
World Cup added 2.5 points to Sunbelt rental growth as guidance rose
Sunbelt Rentals raised full-year guidance after rental revenue increased 12.5 percent. World Cup activity supplied about 2.5 percentage points of growth, while an acquisition contributed another point.
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Finance
Chime agrees to buy Stride Bank's parent for $590m
Chime agreed to buy Stride Bank's parent for $590m in cash. The fintech expects the purchase to produce more than $100m of net synergies and close in early 2027.
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Economics
ADP weekly estimate rises to 12,000 jobs as revised data enters series
U.S. private employers added an estimated 12,000 jobs a week in the four weeks through August 22, up from 10,000. The preliminary series now incorporates first-quarter federal wage records.
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SW Florida
Lee and Collier private school scholarships more than doubled in three years
Lee and Collier counties had 10,394 students using Florida Tax Credit or Family Empowerment Educational Options scholarships in 2025-26, up 121 percent from 2022-23.
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Sanibel
Sanibel's 14-unit Gulf Beach Condominium rebuild breaks ground at $6.5 million
Benchmark General Contractors says work has started on the $6.5 million, 14-unit Gulf Beach Condominium rebuild at 527 E. Gulf Drive on Sanibel. Completion is expected in December 2027.
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Cape Coral
Cape Coral opens a third boil water area near 142 SE 15th Place after a water main break
Cape Coral lists a third active precautionary boil water area near 142 SE 15th Place after a water main break. The city map carries no rescission date.
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Technology
Blue Laser Fusion completes reverse merger with $25m placement
Blue Laser Fusion completed a reverse merger and raised $25.0m in a concurrent private placement. The developer reported $28,232 of revenue and a $4.5m loss for the first half.
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Finance
Baker Hughes sets $29.4bn revenue midpoint after adding Chart
Baker Hughes set a $29.4bn midpoint for 2026 revenue after including Chart Industries from July 16. Chart is expected to contribute up to $2.25bn of revenue.
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Economics
French manufacturing output fell 0.8 percent in July
French manufacturing output fell 0.8 percent in July after a revised 1.0 percent decline in June. Total industrial production fell 0.4 percent, while energy output increased.
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Economics
Malaysia's industrial output rose 4.7 percent as mining contracted
Malaysia's industrial production rose 4.7 percent from a year earlier in July. Manufacturing and electricity output increased, while mining production fell 3.2 percent and electronics led factory growth.
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Finance
Euro area pension fund assets rose 4.8 percent to €3.91tn in the second quarter
Euro area pension funds held €3.91tn of assets at the end of the second quarter, up €179bn from March. The ECB marks the latest observation as provisional.
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Technology
Google plans at least €13bn of Finland infrastructure spending over two years
Google plans to invest at least €13bn in Finnish digital infrastructure during 2027 and 2028. The program covers four communities and includes new agreements for nuclear, wind and battery capacity.
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Economics
China consumer prices rose 0.8 percent as factory gate inflation reached 3.8 percent
China's consumer prices rose 0.8 percent from a year earlier in August. Producer prices rose 3.8 percent, led by a 5 percent increase for production materials.
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Finance
U.S. consumer credit rose at a 4.2 percent annual rate in July
U.S. consumer credit increased at a 4.2 percent annual rate in July. Revolving credit grew 2.5 percent, while nonrevolving credit grew 4.8 percent.
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SW Florida
Temporary daytime lane closures are moving through Lee County's three toll plazas for a technology upgrade
Lee County drivers should expect one temporary daytime lane closure at a time as technology work moves through the Sanibel Causeway, Midpoint Bridge and Cape Coral Bridge toll plazas. Work is underway at Sanibel and begins at Midpoint on September 14.
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Small Business
EPA and Army propose perennial water test for Clean Water Act coverage
EPA and the Army proposed treating relatively permanent waters as perennial, with limited interruptions of up to 30 days. The agencies expect fewer federally covered streams and wetlands, particularly in the arid West.
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North Fort Myers
Lee County sheriff asks for help finding Francisco Trejo, last seen on foot near State Road 31 in North Fort Myers
The Lee County Sheriff's Office is asking the public to help find Francisco Trejo, a missing and endangered adult last seen on foot near the 1800 block of State Road 31 in North Fort Myers.
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SW Florida
Interstate 75 northbound is open after an early morning crash closed Alligator Alley in Collier County
All northbound lanes of Interstate 75 are open after a crash closed Alligator Alley in Collier County for about an hour early Tuesday. The reported collision involved multiple vehicles and injuries.
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Technology
D-Wave's $100m federal quantum award starts with $53.6m and 7.1m shares
Commerce finalized an award of up to $100m for D-Wave and will receive 7.1 million shares. A separate $100m Rigetti award starts with $43.9m and carries 7.7 million shares.
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Finance
GE Aerospace agrees to buy castings maker CPP for $11.75bn
GE Aerospace agreed to acquire Consolidated Precision Products for $11.75bn from Warburg Pincus and Berkshire Partners. GE plans to use $7bn of cash and new debt for the balance.
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Small Business
Small business optimism slipped 1.1 points in August as sales weakened
The NFIB Small Business Optimism Index fell to 98.7 in August from 99.8 in July. The share reporting higher sales, net of those reporting lower sales, dropped to negative 9 percent.
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Finance
Brookfield wins a $1bn mandate from Britain's nuclear liabilities fund
Britain's Nuclear Liabilities Fund selected Brookfield for a multi-decade investment mandate with an initial $1bn, about £750m. The ring-fenced fund covers future decommissioning costs at eight nuclear stations.
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Economics
South Africa's economy contracted 0.2 percent in the second quarter
South African GDP fell 0.2 percent from the first quarter after a 0.4 percent expansion. Trade, manufacturing and mining contracted, while household consumption increased 0.4 percent.
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Technology
ASML and TSMC target a 12-inch photomask pilot line by 2031
ASML and TSMC plan a 12-inch photomask pilot line by 2031 and production readiness by 2033. TSMC intends to start high-volume manufacturing with High NA EUV in 2030.
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Technology
Mistral raises €3bn at a valuation above €21bn in Samsung-led round
Mistral raised €3bn in a Series D at a post-money valuation above €21bn. Samsung Electronics led the round, with EQT's Scaleup Europe Fund and PSG Equity as co-leads.
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Economics
Renewables supplied 59.1 percent of German grid power in the first half
German grid generation rose 4.5 percent to 230.6bn kilowatt-hours in the first half. Renewables supplied 59.1 percent, while the country's electricity import surplus shrank to 0.6bn kilowatt-hours.
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Economics
German exports slipped 0.8 percent while imports fell 5.7 percent in July
Germany exported 138.2bn euros of goods in July, down 0.8 percent from June. Imports fell 5.7 percent, lifting the adjusted trade surplus to 21.3bn euros.
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Naples
Stray bullet damages two hurricane doors at Collier County home
A bullet crossed into the Azure community at Hacienda Lakes and damaged two hurricane-rated doors at a home. No one was injured. Residents told WINK News that gunfire from a neighboring property has been a recurring concern.
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Economics
China's August exports rose 25 percent as imports climbed 28.2 percent
China's exports reached $401.44bn in August, up 25 percent from a year earlier. Imports rose 28.2 percent and the monthly trade surplus widened to $119.09bn.
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Economics
New Zealand business sales rose in 13 of 14 industries while operating profit reached NZ$29bn
New Zealand business sales rose across 13 of 14 industry groups in the June quarter. Annual operating profit reached NZ$29bn, up 7.9 percent.
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Economics
Korea's real income rose 3.1 percent while output grew 0.6 percent
South Korea's real gross national income rose 3.1 percent from the first quarter, five times the 0.6 percent increase in real gross domestic product.
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Economics
Japan lifts second-quarter growth to 1.4 percent annualized as domestic demand subtracts from output
Japan raised its second-quarter real GDP estimate to 0.4 percent from the first quarter, or 1.4 percent annualized. Domestic demand subtracted 0.1 percentage point.
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Fort Myers
The disabled vehicle call that blocked the left lane of Interstate 75 northbound at mile marker 131 is no longer listed
The Florida Highway Patrol no longer lists a disabled vehicle call that blocked the left lane of Interstate 75 northbound at mile marker 131 in Fort Myers.
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Economics
Japan's current-account surplus rose 15.6 percent in July while its goods deficit more than doubled
Japan's current-account surplus reached ¥2.989tn in July, up 15.6 percent from a year earlier. Its goods deficit widened to ¥399.9bn as imports grew faster than exports.
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Small Business
IRS issued the 2026 emissions table for the 45Z clean fuel credit
IRS Notice 2026-53 supplies the 2026 emissions table for the 45Z clean fuel credit and adds rules for regenerative agriculture and manure based fuels.
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World
Treasury sanctioned 27 Iranian airlines and suspended three aviation authorizations
Treasury sanctioned 36 aviation targets, including 27 Iranian airlines, and suspended three authorizations involving overflights and flights by certain non U.S. carriers.
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Fort Myers
The State Road 82 roadblock at Columbus Boulevard South is no longer listed by the Florida Highway Patrol
The Florida Highway Patrol no longer lists the disabled vehicle roadblock at State Road 82 and Columbus Boulevard South in Lee County.
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Technology
Yara opens Sluiskil carbon capture plant designed for 800,000 tonnes a year
Yara's Sluiskil facility can capture and liquefy up to 800,000 tonnes of carbon dioxide a year for shipment to permanent storage beneath the Norwegian seabed.
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World
EU mobilises €200m for Greenland satellite, energy and mining projects
The European Commission says a new €200m package will fund projects in Greenland across satellite capacity, energy, critical minerals, housing and tourism during 2026 and 2027.
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North Fort Myers
FGUA lifts the Lake Fairways boil water advisory after tests clear 90 North Fort Myers homes
FGUA says the precautionary boil water advisory for 90 Lake Fairways homes is no longer in effect after laboratory testing found the water safe to drink.
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North Fort Myers
All lanes are clear after an injury crash on I-75 southbound at mile marker 144 in North Fort Myers
The Florida Highway Patrol says all lanes are clear after an injury crash blocked the left lane of Interstate 75 southbound at mile marker 144 in North Fort Myers.
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Naples
Santa Barbara Boulevard is clear after an injury crash at Devonshire Boulevard in Naples
The Florida Highway Patrol now marks the roadway clear after an injury crash blocked Santa Barbara Boulevard at Devonshire Boulevard in Naples.
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SW Florida
The second strong-storm statement for northeastern Collier County expired at 3 p.m.
The National Weather Service allowed its second Special Weather Statement for northeastern Collier County to expire at 3 p.m. without a replacement alert.
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Economics
UNCTAD says digitally delivered services grew 7 percent a year
UNCTAD estimates that digitally delivered services grew 7 percent a year in value from 2015 through 2024, against 4 percent for goods trade over the same period.
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Economics
UK chancellor announces 3 percent Green Book discount rate
Britain will reduce the discount rate used in Treasury business cases from 3.5 percent to 3 percent and add an economic-potential analysis, Chancellor John Healey said.
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Naples
Eastbound Golden Gate Parkway is clear after an injury crash at Premier Drive in Naples
The Florida Highway Patrol now marks the roadway clear after an injury crash completely blocked eastbound Golden Gate Parkway at Premier Drive in Naples.
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World
Australia drafts noncompete ban for workers earning up to A$190,100
Australia's draft bill would void noncompete clauses for employees earning no more than A$190,100. It would also ban coworker nonsolicitation clauses and treat no-poach and wage-fixing agreements as cartel provisions.
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Fort Myers
Interstate 75 lanes are clear after crashes at mile marker 141 in Fort Myers
The Florida Highway Patrol now marks the roadway clear after crashes affected both directions of Interstate 75 at mile marker 141 in Fort Myers.
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Finance
Qatar completes AFAQ central-bank network as three commercial banks join
Qatar's central bank and three domestic lenders joined the AFAQ payments system. All six Gulf central banks now participate, and the regional network has 74 commercial-bank members.
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Economics
Azerbaijan's central bank bought $1.5bn in August as reserves reached a record $15.3bn
Azerbaijan's central bank bought $1.5bn in foreign currency during August. Its reserves reached a record $15.3bn, up $3.8bn or 33 percent since the start of the year.
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Small Business
British Business Bank commits up to £150m to a proposed northern scale-up fund
The British Business Bank will commit up to £150m to a proposed northern scale-up fund. It expects the fund to make investments of £5m to £15m in high-growth companies.
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Economics
Eurostat lifts euro area second-quarter growth to 0.6 percent
Eurostat raised its second-quarter growth estimate to 0.6 percent for the euro area and 0.7 percent for the EU. Net exports added 0.9 and 0.8 percentage points, respectively.
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Accounting
UK asks whether medium-sized companies should be exempt from statutory audit
Britain is consulting on extending the statutory audit exemption to medium-sized companies. The same paper proposes one SME reporting regime and a solvency test for deciding whether dividends are legal.
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Economics
South Korean industrial loans rose 30.6tn won, and working capital took 23.8tn won
South Korean depository institutions increased industrial lending by 30.6tn won in the second quarter. Working capital accounted for 23.8tn won of the increase, while facilities investment took 6.9tn won.
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Fort Myers
The I-75 debris incident at mile marker 135 in Fort Myers is no longer on the state board
The Florida Highway Patrol no longer lists a roadway debris incident that affected the center northbound lane of Interstate 75 at mile marker 135 in Fort Myers early Monday.
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Finance
NSE now limits market orders in its pre-open auction to the first five minutes
India's National Stock Exchange put a revised pre-open auction into effect Monday. Market orders are now accepted only from 9:00 to 9:05 a.m., while the full session still ends at 9:15.
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World
Singapore opened bidding on 624 luxury items forfeited in its S$3bn money laundering case
Singapore opened two online auctions covering 624 forfeited handbags, accessories and jewellery pieces. They are the first sales in a disposal program involving more than 1,000 luxury items and 80 properties.
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Fort Myers
Miami cargo plane crash sends diverted flights and stranded travelers to RSW
Southwest Florida International Airport told WINK News that some Miami flights were diverted to Fort Myers after Sunday's fatal cargo plane crash. Federal aviation officials say severe Miami arrival delays continue.
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World
Indonesia ordered eight airports shut through Monday morning after Anak Krakatau ash
Indonesia extended closures at eight airports, including two serving Jakarta, through 9 a.m. Monday after volcanic ash from Anak Krakatau continued to affect aviation. The order named eight separate facilities.
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Lehigh Acres
Lehigh Acres customers near Graham Circle remain under a boil water advisory after repairs
FGUA says 46 Lehigh Acres customers near Graham Circle remain under a boil water advisory after an eight inch main break was repaired.
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North Fort Myers
Lake Fairways boil water advisory remains active for 90 North Fort Myers homes
FGUA still lists a boil water advisory for 90 Lake Fairways homes in North Fort Myers after a September 2 water main break.
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Finance
Kospi opened 3.34 percent higher; Samsung gained 4.4 percent
South Korea's Kospi opened at 6,910.78, up 3.34 percent from Friday's close. Samsung Electronics gained 4.4 percent and SK hynix rose 5.89 percent in early trading.
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Economics
Japan's reserves fell $79.6bn in August as foreign currency holdings dropped
Japan's reserve assets fell $79.575bn in August to $1.208tn. Foreign currency reserves dropped by $94.641bn, while the reported value of gold rose by $14.583bn.
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World
CENTCOM says U.S. forces redirected 92 commercial vessels under Iran blockade
U.S. Central Command says American forces have redirected 92 commercial vessels, disabled three and boarded two while enforcing the maritime blockade against Iran. The command did not release a vessel list.
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Finance
At least five people are dead after an Amazon cargo plane overran a Miami airport runway
Miami-Dade County officials say five people were killed and five others injured after a 21 Air Boeing 767-300 operating for Amazon overran a runway and struck vehicles. Miami International says two of its four runways are open.
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Fort Myers
The Interstate 75 southbound exit ramp at Daniels Parkway in Fort Myers is clear after an injury crash, the state board says
The Florida Highway Patrol lists the roadway clear after an injury crash blocked the Interstate 75 southbound exit ramp at Daniels Parkway near exit 131.
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Finance
ICBC and Agricultural Bank plan RMB260bn placements, with China's finance ministry taking RMB200bn
ICBC and Agricultural Bank of China disclosed plans to raise up to RMB260bn through private placements. China's finance ministry would subscribe for RMB200bn, with tobacco interests taking the remaining RMB60bn.
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Naples
A hit-and-run crash roadblock on Interstate 75 northbound at mile marker 101 in Naples has dropped from the state incident board
Florida Highway Patrol briefly listed a hit-and-run crash with a roadblock on northbound Interstate 75 at mile marker 101. The record appeared shortly after 1:16 p.m. Sunday and was gone by 1:28 p.m.
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Technology
Isar Aerospace reaches orbit on Spectrum's second flight from Norway
Isar Aerospace's Spectrum reached orbit from Norway on its second flight, carrying five CubeSats and one experiment. The company says it is still working with customers to confirm the satellites' status.
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Cape Coral
Cape Coral lifts boil water notices near SE 1st Avenue and SW 52nd Street; two newer areas remain active
Cape Coral rescinded precautionary boil water notices near 612 SE 1st Avenue and 1221 SW 52nd Street. Two newer city advisory areas remain active.
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Naples
Florida Highway Patrol warns of fog on southbound Interstate 75 at mile marker 100 in Collier County
Florida Highway Patrol is advising caution in fog on southbound Interstate 75 at mile marker 100 in Collier County. The live state board gives no expiration time.
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Economics
Seven OPEC+ countries hold October production requirements at September levels
Seven OPEC+ countries will maintain September required production into October after setting a 188,000 barrel-a-day increase for September. Their next meeting is scheduled for October 4.
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Fort Myers
Lee County says utility crews made 22 repair calls in a neighborhood hit during fiber work
Lee County Utilities told WINK News its crews had made 22 water and sewer repair visits this year in a neighborhood where residents reported repeated damage during fiber installation. The county said it bills contractors when appropriate.
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Cape Coral
Cape Coral lifts the boil water notice near 715 SE 34th Street
Cape Coral rescinded the precautionary boil water notice near 715 SE 34th Street at 8:26 a.m. Thursday. The notice had been issued after a water main break.
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Bonita Springs
Interstate 75 southbound is clear at mile marker 118 in Bonita Springs after an injury crash blocked two lanes
The Florida Highway Patrol now lists the roadway clear on southbound Interstate 75 at mile marker 118 in Bonita Springs. An injury crash had blocked the middle and right lanes.
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North Fort Myers
FHP says a 59-year-old Fort Myers man crossing US 41 near Judd Road died after a 17-year-old driver struck him
The Florida Highway Patrol says a 59-year-old Fort Myers man died after a vehicle struck him as he crossed southbound US 41 near Judd Road Friday night.
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Naples
North Naples, Naples Park and nearby communities are under a flood advisory until 10:30 p.m.
The National Weather Service says minor flooding is ongoing or expected in northwestern Collier County after 1 to 2 inches of rain, with another 1 to 2 inches possible.
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Small Business
The Bancorp will stop small-business loan originations and cut 64 jobs
The Bancorp Bank plans to stop originating retail and wholesale small-business loans by year-end and eliminate 64 filled positions, about 9 percent of its workforce.
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Small Business
Trump directs USDA to create guaranteed loans for small and regional beef processors
A Friday executive order tells USDA to establish a guaranteed loan program for small and regional beef processors, expand enforcement in livestock markets and deliver three reports within 60 days.
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Marco Island
Marco Island police rescue a two-year-old locked inside a vehicle at the South Barfield Drive Publix
Marco Island police say officers broke a vehicle window Saturday to remove a two-year-old who was accidentally locked inside at the Publix on South Barfield Drive. The child was okay, and one officer was treated for minor injuries.
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Fort Myers
Fort Myers police say a suspect died after an officer-involved shooting on Katherine Street, with FDLE leading the investigation
Fort Myers police say a suspect died at a hospital after an officer-involved shooting in the 2300 block of Katherine Street early Saturday. The state is leading the investigation.
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Technology
Fed cybersecurity report says its information security program was rated not effective
The Federal Reserve's new cybersecurity report says a 2025 inspector general assessment rated the Board's information security program at level 3, below the level 4 threshold considered effective.
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Fort Myers
The state has stopped displaying a disabled vehicle call that blocked the center lane of Interstate 75 northbound at mile marker 128 in Fort Myers
Florida Highway Patrol briefly listed a disabled vehicle blocking the center lane of Interstate 75 northbound at mile marker 128 in Fort Myers. The entry is no longer on the live board.
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World
CENTCOM says U.S. forces struck three Iranian oil tankers after missiles targeted two Navy ships
U.S. Central Command said it disabled or destroyed three Iranian crude carriers after ballistic missiles targeted two Navy warships. CENTCOM reported no American casualties.
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World
Putin orders a three-day pause in strikes on Kyiv during U.S. envoys' visit
The Kremlin said Vladimir Putin ordered a three-day suspension of strikes on Kyiv during U.S. envoys' consultations. Ukraine had promised a reciprocal air-strike pause for the visit.
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Accounting
IRS gives residential builders a new automatic accounting method change under section 460
Revenue Procedure 2026-32 adds automatic change number 275 for residential contracts and waives two eligibility rules for specified research expenditure method changes through taxable years beginning before 2028.
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North Fort Myers
The I-75 roadblock at mile marker 143 is no longer listed by FHP
The Florida Highway Patrol no longer lists the northbound Interstate 75 roadblock at mile marker 143 in North Fort Myers. The record had remained active through about 11 p.m. Friday.
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Estero
Former Estero High employee is jailed on four charges involving a child
The Lee County Sheriff's Office booking record lists Juan Antonio Saldivar in custody on four charges involving a child. The School District of Lee County says the allegations do not involve a student.
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North Fort Myers
FHP says US 41 is clear at Evergreen Road after fatality
The Florida Highway Patrol now lists the roadway clear at US 41 and Evergreen Road in North Fort Myers after a fatality shut all southbound lanes.
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Economics
US diesel average reaches a record $5.85 a gallon, AAA says
AAA's national diesel average reached $5.8500 a gallon on September 4, up 6.68 cents in a day and 23.95 cents in a week. The association's table now dates its record to Friday.
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Finance
Volkswagen plan calls for 50,000 fewer positions and half as many models
Volkswagen's board approved a plan that calls for about 50,000 fewer positions beyond existing programs. The company also targets nine million annual vehicle sales, a 9 percent margin and a halved model portfolio.
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Ochopee
The I-75 mile 80 debris record is active again after briefly disappearing
The Florida Highway Patrol again lists debris affecting the left lane of southbound Interstate 75 at mile marker 80 near Ochopee after the record briefly disappeared.
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Ochopee
The I-75 debris incident at mile marker 80 near Ochopee is no longer on the state board
The Florida Highway Patrol no longer lists the debris incident that affected the left lane of southbound Interstate 75 at mile marker 80 near Ochopee.
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Finance
America's Car-Mart gets four-day extension of default waiver as strategic talks continue
Lenders extended America's Car-Mart's temporary default waiver from September 7 to September 11. The used-car retailer says it has made progress toward a transaction, but gives no assurance of one.
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Technology
Ionis says Novartis's pelacarsen trial missed its cardiovascular endpoint
The 8,323-patient Lp(a)HORIZON trial did not show that pelacarsen reduced cardiovascular events against placebo. Ionis said the drug substantially lowered lipoprotein(a) and had an acceptable safety profile.
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Technology
SoundHound closes LivePerson acquisition and exchanges 36.9m shares to retire secured notes
SoundHound completed its LivePerson acquisition, issuing 0.4673 shares for each non-TASE LivePerson share. Secured noteholders received 36.9m SoundHound shares and $5.85m cash as the notes were retired.
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Ochopee
Florida Highway Patrol says Interstate 75 northbound has reopened at mile marker 51 on Alligator Alley after a crash
The state incident board changed its status from northbound closed at 5:54 p.m. to roadway clear at 6:01 p.m. Friday. No cause, vehicle count or injury information has been released.
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Naples
North Collier Fire placed its first Vanderbilt Beach lifeguard tower into service before Labor Day weekend
North Collier Fire dedicated Ocean Rescue Tower 29 at Vanderbilt Beach on Friday, giving lifeguards a fixed lookout and response coordination point.
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Finance
Sysco adds a $750m term facility for the pending Jetro acquisition
Sysco added a $750m delayed draw term facility intended partly for its pending Jetro acquisition. Two executive performance awards worth $3m at target disappear if the transaction does not close.
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Business
Stanley Black & Decker agrees to sell a $300m mower business without disclosing price
Stanley Black & Decker agreed to sell Excel Industries and Hustler mower assets to Bad Boy Mowers. The business is expected to produce about $300m of 2026 revenue, but no price was disclosed.
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Finance
Intellia draws $75m from a $400m OrbiMed facility secured on nearly all assets
Intellia drew $75m from a senior secured OrbiMed facility that can reach $400m. Another $225m depends on regulatory, revenue and fundraising milestones, while $100m requires mutual agreement.
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World
Treasury designates Golden Global Bank and two subsidiaries under Iran sanctions
OFAC added Türkiye-based Golden Global Bank and two subsidiaries to its blocked-persons list under Iran sanctions. Treasury says the bank provided international access to Iranian funds.
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Finance
ASA Gold proposes becoming a credit-focused BDC and names Saba as manager
ASA Gold's board approved a proposal to replace its gold investment mandate with a credit-focused BDC structure managed by Saba. Shareholders still must approve the central changes.
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Technology
NHTSA opens an audit of Tesla's Cybercab certification after the Austin launch
NHTSA opened audit AQ26002 to examine how Tesla certified the Cybercab under federal safety standards. The vehicle has no permanently attached steering wheel, pedals or mirrors.
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Cape Coral
Cape Coral lifts the boil water notice near 1829 SE 21st Terrace
Cape Coral rescinded the precautionary boil water notice near 1829 SE 21st Terrace at 8:31 a.m. Thursday. The notice had been issued after a water main break.
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North Fort Myers
The US 41 roadblock at Littleton Road is no longer on the state board after a crash with injuries
The Florida Highway Patrol no longer lists the crash with injuries and roadblock that appeared on North Tamiami Trail at Littleton Road in North Fort Myers Friday afternoon.
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Finance
Hurco returns to quarterly profit as orders rise 25 percent and gross margin reaches 28 percent
Hurco earned $2.3m in its fiscal third quarter after a $3.7m loss a year earlier. Orders rose 25 percent, outpacing a 3 percent increase in sales.
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Finance
Fed ends enforcement actions involving United Texas Bank and Quontic's holding companies
The Federal Reserve terminated a 2024 corrective order for United Texas Bank and a 2023 agreement that restricted dividends, buybacks and borrowing at Quontic's holding companies.
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Fort Myers
An I-75 crash near mile marker 127 in Fort Myers is no longer on the state incident board
A crash that had partially blocked the inside lane of southbound Interstate 75 near mile marker 127 in Fort Myers is no longer listed on the Florida Highway Patrol's active incident board.
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Economics
BLM proposes 60-day decisions for qualifying oil projects in Alaska's petroleum reserve
A proposed rule would require the Bureau of Land Management to approve, or approve with conditions, qualifying oil production sites in Alaska's petroleum reserve within 60 days.
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Tax
IRS finalizes the $10,000 car loan interest deduction and lender reporting rules
Final IRS regulations cover a temporary deduction of up to $10,000 for interest on qualifying new vehicle loans and require reporting when a business receives at least $600 of covered interest.
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Cape Coral
Cape Coral lifts the Country Club Boulevard and SW 11th Avenue boil water notices; two newer areas remain active
Cape Coral rescinded precautionary boil water notices near Country Club Boulevard and 4932 SW 11th Avenue. Two newer city advisory areas remain active.
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Economics
US payrolls rose 162,000 in August and July's loss became a 21,000 gain
US payrolls increased by 162,000 in August, the unemployment rate held at 4.1 percent, and revisions turned July's reported decline into a gain.
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Finance
USA Rare Earth closes the Serra Verde combination with $300m cash and 126.8m shares
USA Rare Earth completed its combination with Serra Verde for $300m in cash and 126,849,307 shares. The deal adds a Brazilian rare earth mining and processing operation.
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Technology
The Trade Desk will cut 15 percent of its workforce and book up to $51m in cash charges
The Trade Desk plans to reduce its workforce by about 15 percent and record $39m to $51m in cash charges. The filing gives no job count.
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SW Florida
Gulyas-Factory and Amy's Winehouse in Cape Coral and Doug's Seafood in Bonita Springs have closed
Gulyas-Factory and Amy's Winehouse closed after service on August 29 in Cape Coral, while Doug's Seafood in Bonita Springs announced its permanent closing on August 31.
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Naples
Collier County agencies must remove license plate readers from state road rights of way within 30 days, while city-road cameras are outside the order
FDOT revoked permits for automated license plate readers in state highway rights of way and gave local agencies 30 days from August 31 to remove them. Naples police and the Collier County Sheriff's Office say they will comply.
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Fort Myers
FGCU will close initial enrollment to some undocumented students in 2027 under a statewide admissions rule approved at its Fort Myers campus
Florida's Board of Governors approved Regulation 6.001, which makes people unlawfully present in the United States ineligible for initial enrollment at affected state universities beginning in the 2027-28 academic year.
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Economics
Euro area retail volume fell 0.6 percent as nonfood sales dropped
Euro area retail trade volume fell 0.6 percent in July as nonfood sales declined. Eurostat also revised June from a 0.3 percent fall to a 0.2 percent increase.
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Economics
Italian retail sales fell 0.5 percent by volume in July
Italian retail sales fell 0.4 percent by value and 0.5 percent by volume in July. From a year earlier, spending rose 0.8 percent while the volume of goods sold declined 0.6 percent.
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Economics
German factory orders rose 2.5 percent, but fell without large orders
German manufacturing orders rose 2.5 percent in July, driven almost entirely by large transport-equipment contracts. Orders excluding large-scale business fell 1.4 percent, and automotive orders dropped 12.5 percent.
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Economy
Philippine business confidence fell to minus 20.3 in July from zero in June
Philippine business confidence turned negative in July, while expectations for the next three and 12 months remained positive but weakened. Companies also reported lower average capacity utilization.
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Economy
Philippine inflation eased to 6.1 percent, while lower-income households stayed at 8.2 percent
Philippine annual inflation eased one tenth of a point in August, but the rate for households in the bottom 30 percent of the income distribution remained at 8.2 percent.
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Economics
New Zealand building work volume rose 4.8 percent after a quarterly decline
The seasonally adjusted volume of building work in New Zealand rose 4.8 percent in the June quarter after falling 1.5 percent in the March quarter. Residential and non-residential work both increased.
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Economics
Japan's household spending fell 3.6 percent in July as real income declined
Average monthly spending by Japanese households with at least two people fell 3.6 percent in real terms from a year earlier in July. Real income for workers' households fell 3.8 percent.
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Economics
Korea's July current account surplus reached $42.08bn as exports rose 65.3 percent
South Korea's current account surplus reached $42.08bn in July as goods exports rose 65.3 percent from a year earlier. The seven-month surplus now stands at $233.09bn.
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Cape Coral
Nicholas Parkway and Santa Barbara Boulevard reopen after a three vehicle crash involving a Cape Coral police vehicle
Florida Highway Patrol now marks Nicholas Parkway and Santa Barbara Boulevard clear after a three vehicle crash involving a Cape Coral police vehicle blocked the intersection Thursday evening.
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Fort Myers Shores
Fort Myers Shores streets flooded after Wednesday rain, leaving soaked yards and renewed drainage concerns
Heavy rain flooded streets in Fort Myers Shores on Wednesday. Gulf Coast News found standing water in yards and residents raising drainage concerns Thursday.
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Finance
SEC proposes ending two-year fee ban tied to advisers' political contributions
The SEC proposed rescinding its pay-to-play rule for investment advisers. The rule blocks compensated work for a government client for two years after specified political contributions and imposes related recordkeeping duties.
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Lehigh Acres
Lee deputies report an arrest after a Lake Avenue pickaxe confrontation ended in a shooting
The Lee County Sheriff's Office says deputies arrested a man after a Monday confrontation on Lake Avenue in Lehigh Acres. The agency says another man shot him after a pickaxe attack.
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Lehigh Acres
Mother says her 11-year-old son is home with a fractured wrist after the Lehigh Acres school bus crash
A mother told WINK News that her 11-year-old son was the person taken to a hospital after Wednesday's school bus crash near Homestead Road and Sunrise Boulevard. She said he is recovering at home.
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Technology
Zscaler will cut 3 percent of its workforce while revenue and ARR rise 25 percent
Zscaler plans to cut about 3 percent of its worldwide workforce and record $30m to $33m in charges. Fourth-quarter revenue and annual recurring revenue each rose 25 percent.
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Finance
Lululemon revenue falls 4 percent as $134.5m tariff refund lifts margins
Lululemon's quarterly revenue fell 4 percent to $2.4bn and comparable sales fell 9 percent. A $134.5m tariff refund added 560 basis points to both gross and operating margin.
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Finance
Bank7 wins Century auction with $91m bid, up from its $68m opening offer
Bank7 was named the successful bidder for about 71 percent of Century Financial Services. The $91m price is $23m above its opening offer, with net cash due of about $89m.
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Technology
Planet Labs quarterly revenue jumps 58 percent to a record $116.1m
Planet Labs posted record second-quarter revenue of $116.1m, up 58 percent. Cash and short-term investments reached $865.4m after the company raised about $120m through stock sales.
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Naples
I-75 roadblock at mile marker 110 is no longer listed as active
A crash that blocked part of southbound Interstate 75 at mile marker 110 in Naples is no longer listed on the Florida Highway Patrol's active incident board.
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Economics
Bank of England chief economist says Bank Rate should rise to 4 percent
Chief Economist Huw Pill said Bank Rate should rise to 4 percent and criticized a wait-and-see stance. The rate remains 3.75 percent, and the speech does not change policy.
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Finance
FinCEN reissues $1,000 cash-reporting order for money services businesses in eight counties
FinCEN's reissued order requires covered money services businesses in eight Texas and New Mexico counties to report cash transactions from $1,000 through $10,000. Newly covered firms have until October 3.
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Cape Coral
Cape Coral opens a fourth boil water area after a main break near SW 52nd Street
Cape Coral lists a new precautionary boil water area near 1221 SW 52nd Street after a water main break. The notice is active and the city has not posted a rescission.
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World
Canada commits more than C$4.7bn to 313 VIA Rail passenger cars from Alstom
Canada will spend more than C$4.7bn to acquire and maintain 313 VIA Rail passenger cars from Alstom. Manufacturing and assembly will take place in Ontario and Quebec.
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Economics
U.S. services activity accelerated in August while employment contracted again
The ISM Services PMI rose 1.3 points to 55.4 in August. Business activity and new orders reached their highest readings in years, while the employment index stayed below 50.
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Tax
Treasury proposes denying tax exemption to private schools that use race in admissions or aid
Proposed regulations would make race-based admissions, scholarships and other programs incompatible with section 501(c)(3) status at private schools. The rule would affect taxable years beginning after May 31, 2027.
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Cape Coral
Cape Coral opens a new boil water area near SE 1st Avenue after a water main break
Cape Coral lists a new precautionary boil water area near 612 SE 1st Avenue after a water main break. The notice is active and the city has not posted a rescission.
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Economics
Labor's share of U.S. output fell to the lowest level in a series dating to 1947
Labor compensation accounted for 52.8 percent of U.S. nonfarm business output in the second quarter, the lowest share since the series began. Real hourly compensation fell 3.3 percent.
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Economics
The U.S. trade deficit widened 24.4 percent in July as exports fell and imports rose
The U.S. goods and services trade deficit widened to $88.6bn in July. Exports fell 2.1 percent while imports rose 2.8 percent, moving the balance in both directions.
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Cape Coral
Cape Coral lifts six boil water notices Thursday morning, leaving two active areas
Cape Coral rescinded six precautionary boil water notices near SE 1st Avenue, SE Santa Barbara Place, SW 1st Avenue, SE 18th Terrace, Armada Court and NE 2nd Terrace. Two city areas remain active.
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Collier County
Collier County added two measles cases in Florida's latest weekly report, bringing its 2026 total to 110
Florida's latest report lists 110 measles cases among Collier County residents in 2026, up from 108 through the prior reporting week. The statewide total is 158.
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Personal Finance
Florida's condo reserve-study databases now list 8,961 distinct association names
Florida's two public SIRS databases contain 8,961 distinct normalized association names. The count is useful for lookup, but it is not a statewide compliance rate.
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Finance
Campbell's cuts its dividend 36 percent after annual sales fall 5 percent
Campbell's reduced its quarterly dividend to 25 cents from 39 cents as annual sales fell to $9.74bn. The food company is targeting $500m of savings through fiscal 2030.
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Technology
NVIDIA agrees to buy Hugging Face for $11.9bn and keep the platform open
NVIDIA agreed to acquire Hugging Face for about $11.9bn, with up to $1bn more in employee retention equity. The chipmaker committed to keep the model-sharing platform open and supporting rival silicon.
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Estero
The center lane of southbound Interstate 75 at mile marker 122 in Estero has reopened after a Thursday morning crash
The Florida Highway Patrol board now marks the roadway clear after a crash blocked the center lane of southbound Interstate 75 at mile marker 122 in Estero.
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SW Florida
Lee County planning agency backs a rewrite spanning 17 community plan areas, with density caps unchanged
Lee County's Local Planning Agency recommended the CPA2026-00005 rewrite, which reorganizes policies across 17 community plan areas while leaving zoning, future land use designations and allowable density unchanged.
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Finance
M&G's adjusted profit rose 15 percent while a £248m statutory profit became a £165m loss
M&G reported £435m of adjusted operating profit before tax, up 15 percent. Its statutory result swung to a £165m loss after £551m of adverse short-term investment fluctuations.
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Economics
Euro area producer prices rose 1.6 percent in July, and energy supplied all of it
Euro area industrial producer prices rose 1.6 percent in July and 5.8 percent over the year. Energy increased 5.6 percent in the month while prices excluding energy did not move.
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Naples
Florida Highway Patrol posts a fog advisory on I-75 southbound between mile markers 100 and 80 in Collier County
Florida Highway Patrol is advising caution in fog on I-75 southbound between mile markers 100 and 80 in Collier County. The live state board gives no expiration time.
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Economics
Swiss GDP grew 1.5 percent as chemical and pharmaceutical output jumped 10.5 percent
Switzerland's sport-adjusted economy grew 1.5 percent in the second quarter, its strongest pace since 2021. Chemical and pharmaceutical output rose 10.5 percent while domestic demand recovered.
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Economics
Swiss consumer prices rose 0.4 percent in August and 0.8 percent over the year
Switzerland's consumer price index rose 0.4 percent in August and 0.8 percent from a year earlier. Housing rents, motor fuel, heating oil and hospital services pushed the monthly index higher.
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Economics
Malaysia holds its policy rate at 2.75% as first-half growth reaches 5.7 percent
Bank Negara Malaysia held its overnight policy rate at 2.75 percent. It expects growth of around 5 percent this year after the economy expanded 5.7 percent in the first half.
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Economics
Bank of Canada holds at 2.25% as tariff and oil risks rise
The Bank of Canada held its overnight rate at 2.25 percent. It said new tariffs and prolonged high oil prices have increased inflation risks as the economy recovers.
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Cape Coral
Cape Coral approves up to $500,000 to stabilize a sinking section of Northwest 16th Terrace
Cape Coral authorized an emergency purchase of up to $500,000 to stabilize a roadway depression on Northwest 16th Terrace that city documents say is still subsiding.
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Economics
New Zealand's merchandise terms of trade fell 9 percent as import prices jumped 14 percent
New Zealand's merchandise terms of trade fell 9.0 percent in the June quarter, official data show. Import prices rose 14 percent while export prices increased 3.5 percent.
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Finance
Australian securitizers added A$4.8bn of mortgages in the June quarter
Australian securitizers' total assets rose 3.5 percent to A$239.4bn in the June quarter. Residential mortgages increased A$4.8bn and loans to private nonfinancial companies rose A$2.7bn.
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Economics
Australia's goods surplus narrowed to A$1.923bn as exports fell 3.3 percent
Australia's goods surplus narrowed by A$418m to A$1.923bn in July. Exports fell 3.3 percent to A$46.261bn, while imports fell 2.5 percent to A$44.339bn.
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Technology
Broadcom's AI chip revenue reached $16.7bn as total sales rose 86 percent
Broadcom reported $29.6bn of quarterly revenue, up 86 percent, as AI semiconductor sales reached $16.7bn. It projects $21.7bn of AI chip revenue in the fourth quarter.
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Lehigh Acres
Correction: The News-Press did not establish that a student was injured in the Lehigh Acres school-bus crash
Money & World has withdrawn its unsupported statement that a student was taken to a hospital after Wednesday's Lehigh Acres school-bus crash.
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Naples
North Naples, Naples Park and nearby northwestern Collier communities are under a flood advisory until 11:30 p.m.
The National Weather Service says minor flooding is ongoing or expected in northwestern Collier County after 1 to 3 inches of rain, with another 1 to 3 inches possible.
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Naples
The right lane of northbound Interstate 75 at mile marker 66 is open again after Wednesday night's crash
The Florida Highway Patrol board now marks the roadway clear after a crash blocked the right lane of northbound Interstate 75 at mile marker 66 in Collier County.
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Lee County
A second flood advisory covers southwestern Lee County through 11:45 p.m., while the Cape Coral-Fort Myers advisory runs to 11:30
The National Weather Service has two active flood advisories in Lee County. A new southwestern Lee product runs through 11:45 p.m.; an earlier Cape Coral-Fort Myers-area product runs through 11:30.
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Fort Myers
The Highway Patrol has removed the Daniels Parkway crash at Plantation Road from its active incident board
The Highway Patrol listed a crash with a roadblock in the intersection of Daniels Parkway and Plantation Road, then removed it from the active board by 8.55 p.m.
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Finance
Japanese institutions sold ¥824bn of foreign long-term debt for a second week
Japan's designated major investors sold a net ¥824bn of foreign long-term debt in the week to August 29. Overseas investors bought ¥509.1bn of Japanese long-term debt.
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Finance
Fed's private-credit survey will ask about PIK toggles, covenants and loan spreads
The New York and Dallas Feds will survey direct lenders after the third quarter and publish aggregate findings in early 2027. The voluntary pilot will track lending standards, demand and portfolio-company outlooks.
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North Fort Myers
North Fort Myers fire district says a camp fire on Fourth Way was accidental and no one was hurt
A fire burned through an area where people were staying on Fourth Way in North Fort Myers. The fire district said no one was injured and the cause was accidental.
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Lee County
Three Lee County beach parking sites will close September 8 while the beaches remain open for Hurricane Ian restoration work
Parking will close September 8 at Bowditch Point Regional Park, Little Hickory Island Beach Park and Bonita Beach Park while Lee County restores amenities damaged by Hurricane Ian. Pedestrian beach access will remain available.
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Lehigh Acres
Rocco Ruzzo has been sentenced to 40 years in prison after a jury convicted him of shooting into a car ten times on Thanksgiving Day in Lehigh Acres
Rocco Nicholas Ruzzo was adjudicated guilty and sentenced on Wednesday to 40 years in prison for a 2024 shooting in Lehigh Acres. A jury convicted him in May.
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Economics
Fed contacts report modest growth as energy and materials lift business costs
Economic activity increased modestly across the Federal Reserve's 12 districts. Employment barely rose, while eight districts reported moderate price increases.
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Technology
The White House has ordered a plan for a United States Space Academy, and the academy itself does not exist yet
Executive Order 14423 creates a NASA-led commission and gives it 120 days to propose a federal space academy. The order does not establish the school, choose its site or provide funding.
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Cape Coral
Cape Coral put the SW 11th Avenue boil water area back on its active map under a new city record
Cape Coral restored the precautionary boil water area around 4932 SW 11th Avenue to its active map under a new record. The city still lists a water main break and no rescission date.
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Cape Coral
Cape Coral lifts the boil water notice near SW 3rd Avenue after the city records a rescission Wednesday morning
Cape Coral moved the precautionary boil water area near 4612 SW 3rd Avenue to its rescinded list at 10:13 a.m. Wednesday. The notice is no longer active.
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Cape Coral
Cape Coral lifts the boil water notice near SE 30th Terrace after the city records a rescission Wednesday morning
Cape Coral moved the precautionary boil water area near 405 SE 30th Terrace to its rescinded list at 10:07 a.m. Wednesday. The notice is no longer active.
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Finance
SEC and CFTC push the new Form PF compliance date to July 2027
Private fund advisers get nine more months before the 2024 Form PF amendments take effect. The SEC and CFTC moved the compliance date from October 1, 2026 to July 1, 2027.
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Lehigh Acres
A pedestrian died after Tuesday's crash at Lee Boulevard and Archdale Street in Lehigh Acres
Florida Highway Patrol records show a pedestrian died after Tuesday's crash at Lee Boulevard and Archdale Street in Lehigh Acres. The road is clear.
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Cape Coral
Cape Coral opened a 10th boil water area Wednesday morning after a water main break near Country Club Boulevard
Cape Coral added an active precautionary boil water area near Country Club Boulevard after a water main break. Ten city advisory areas are now open.
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Bonita Springs
A crash is blocking the left lane of Interstate 75 northbound at mile marker 118 in Bonita Springs, according to the Florida Highway Patrol
The Florida Highway Patrol lists a vehicle crash with the left lane blocked on northbound Interstate 75 at mile marker 118 in Bonita Springs. The public record gives no injury information or clearance time.
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North Fort Myers
A crash is affecting southbound I-75 at mile marker 144 in North Fort Myers, where Florida Highway Patrol lists the roadblock status as unknown
The Florida Highway Patrol live incident board lists a vehicle crash on southbound Interstate 75 at mile marker 144 in North Fort Myers with an unknown roadblock status.
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Buckingham
Investigators traced the Buckingham Presbyterian Church fire to a direct lightning strike nearly four hours before the flames were reported
The Tice Fire District attributed the Buckingham Presbyterian Church fire to lightning recorded at about 6:30 p.m., nearly four hours before a passerby reported the flames.
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Cape Coral
Cape Coral opened a ninth boil water area Wednesday morning after a water main break near SW 11th Avenue
Cape Coral added an active precautionary boil water area around 4932 SW 11th Avenue after a water main break. Nine city advisory areas are now open.
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Fort Myers
An injury crash is blocking the westbound lanes of State Road 82 at Haviland Avenue South in Lee County, according to the Florida Highway Patrol
The Florida Highway Patrol live incident board lists an injury crash and says the westbound lanes of State Road 82 are blocked at Haviland Avenue South.
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Economics
Norway's net foreign assets rose NOK 3.4tn in a quarter to a record NOK 22.8tn
Norway's net international investment position reached a record NOK 22.825tn in the second quarter. Market gains on overseas investments supplied most of the NOK 3.408tn increase.
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Ochopee
Dense fog is reducing visibility on northbound I-75 at mile marker 63 near Ochopee, and Florida Highway Patrol says drivers should use caution
Florida Highway Patrol posted a travel advisory for dense fog on northbound Interstate 75 at mile marker 63 near Ochopee.
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Economics
South Korea's inflation rose to 3.1 percent as the core rate reached 3.4 percent
South Korea's consumer price index rose 3.1 percent from a year earlier in August. Inflation excluding food and energy accelerated to 3.4 percent.
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Lehigh Acres
Hendry County has released body camera video from the traffic stop where deputies shot Edward Young Jr. of Lehigh Acres, and the sheriff says the recording shows Young fire before a deputy returned fire
Sheriff Steve Whidden presented the video at a September 1 news conference. His office says Young fired at deputies during an August 29 traffic stop on State Road 29 before a deputy returned fire. Young died after he was taken to a hospital.
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Economics
Australia's economy grew 0.4 percent as household spending stayed subdued
Australian GDP rose 0.4 percent in the June quarter and 2.1 percent from a year earlier. Private business investment fell 0.5 percent.
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Finance
New Zealand raises its cash rate to 2.75% and says another increase may follow
The Reserve Bank of New Zealand raised its official cash rate by 25 basis points. It expects inflation to remain above 3 percent through 2026.
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Finance
BOJ's Takata says rate increases should become nimble as inflation risks rise
Bank of Japan board member Takata Hajime said rate increases should become more nimble in 2026. He said Japan's real policy rate remains the world's lowest.
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Economics
Japan's monetary base fell 15.7 percent in August as bank balances shrank
Japan's monetary base averaged 543.0 trillion yen in August, down 15.7 percent from a year earlier. Current-account balances at the Bank of Japan fell 18.9 percent.
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Cape Coral
Southbound Country Club Boulevard is closed at the 3100 block in Cape Coral while utility crews repair a water main break
Cape Coral police closed the southbound lanes of Country Club Boulevard at the 3100 block while utility crews repair a water main break.
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Fort Myers
A crash is blocking northbound Interstate 75 at mile marker 131 in Fort Myers, according to the Florida Highway Patrol
The Florida Highway Patrol lists a vehicle crash with the roadway blocked on northbound Interstate 75 at mile marker 131 in Fort Myers.
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Technology
Palo Alto Networks revenue rose 34 percent, while a $254m profit turned into a $282m loss
Palo Alto Networks reported $3.41bn in quarterly revenue and a $282m GAAP loss. It expects fiscal 2027 revenue of $14.10bn to $14.20bn after completing two acquisitions.
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Fort Myers Shores
Firefighters battle a house fire on Island Road in Fort Myers Shores, where Gulf Coast News reports major damage and residents escaped unharmed
Firefighters responded to a house fire along the Caloosahatchee River in Fort Myers Shores. The cause has not been released.
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Bonita Springs
A disabled vehicle is blocking the right lane of the Bonita Beach Road exit ramp from Interstate 75 southbound
The Florida Highway Patrol board lists a disabled vehicle blocking the right lane of the Bonita Beach Road exit ramp from Interstate 75 southbound in Bonita Springs.
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Fort Myers
A flood advisory covers northeastern Lee County until 8 p.m. after two to three inches of rain, with more expected from Fort Myers and Lehigh Acres east through Alva
The National Weather Service says minor flooding is ongoing or may begin shortly in low lying and poor drainage areas across northeastern Lee County.
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Naples
An injury crash is blocking the left lane of northbound Interstate 75 at mile marker 113 in Naples, according to the Florida Highway Patrol
The Florida Highway Patrol lists an injury crash with the left lane blocked on northbound Interstate 75 at mile marker 113 in Naples.
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Fort Myers
The scene is clear after a crash blocked the left lane of northbound Interstate 75 at mile marker 140 in Fort Myers
The Florida Highway Patrol marked the scene clear after a crash blocked the left lane of northbound Interstate 75 at mile marker 140 in Fort Myers.
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Fort Myers
An injury crash is blocking the eastbound left lane of Daniels Parkway at the Interstate 75 southbound entrance in Fort Myers, according to the Florida Highway Patrol
The Florida Highway Patrol lists an injury crash with the eastbound left lane blocked on Daniels Parkway at the Interstate 75 southbound entrance near exit 131.
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Naples
An injury crash is blocking the right and center lanes of Interstate 75 northbound at mile marker 105 in Naples, according to the Florida Highway Patrol
The Florida Highway Patrol lists an injury crash at Interstate 75 mile marker 105 with the right and center northbound lanes blocked. A trooper was recorded on scene shortly after 2 p.m. Tuesday.
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World
U.S. forces began new strikes on IRGC targets in Iran as the Strait of Hormuz confrontation resumed
U.S. Central Command said American forces began striking Islamic Revolutionary Guard Corps targets in Iran at noon Eastern after attempted attacks on shipping and U.S. personnel.
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Finance
SEC would require transfer agents to adopt risk controls and contact inactive shareholders
The SEC proposed its first substantive transfer-agent rule overhaul in decades. The package would add risk controls, inactive-shareholder notices and restrictive-legend standards while extending initial registration review to 45 days.
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Economics
U.S. job openings rose to 7.27 million in July while hiring fell to 5.05 million
U.S. employers reported 7.27 million job openings in July, up 89,000 from June. Hiring fell by 278,000, while quits declined by 157,000 and layoffs fell by 119,000.
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Cape Coral
Cape Coral opened an eighth boil water area Tuesday after a water main break near NE 2nd Terrace
Cape Coral added an active precautionary boil water area around 2009 NE 2nd Terrace after a water main break. Eight city advisory areas are now open.
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SW Florida
I-75 widening plan adds express lanes across 21 miles, rebuilds the Immokalee Road interchange and leaves some Estero neighborhoods without noise walls
FDOT's current plan runs from north of Golden Gate Parkway to south of Alico Road. It includes auxiliary and express-lane segments, ramp changes and a diverging-diamond interchange at Immokalee Road.
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Cape Coral
Cape Coral opened a seventh boil water area Tuesday morning after a water main break near Armada Court
Cape Coral added an active precautionary boil water area around 5832 Armada Court after a water main break. Seven city advisory areas are now open.
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Cape Coral
Cape Coral opened a sixth boil water area Tuesday morning after a water main break near SE 18th Terrace
Cape Coral added an active precautionary boil water area around 165 SE 18th Terrace after a water main break. Six city advisory areas are now open.
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North Fort Myers
A crash is blocking the Interstate 75 southbound exit ramp to Bayshore Road and the westbound right lane in North Fort Myers, according to the Florida Highway Patrol
The Highway Patrol received the crash call at 7.25 a.m. Tuesday and still listed the southbound Exit 143 ramp and the westbound right lane of Bayshore Road as blocked after units arrived at 8.12 a.m.
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Economics
Euro area inflation rose to 3.3 percent in August, and energy supplied the increase while the rate excluding it stayed at 2.2 percent
Euro area annual inflation rose from 2.9 percent in July to an estimated 3.3 percent in August. Energy inflation increased to 14.3 percent, while the rate excluding energy held at 2.2 percent.
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SW Florida
Dense fog has cut visibility below half a mile across Collier County, with the Weather Service urging caution on I-75 until 9 a.m.
The National Weather Service observed patchy dense fog across coastal and inland Collier County. Visibility may fall below half a mile through 9 a.m., especially on parts of I-75.
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Fort Myers
Fort Myers will have the last Bahama Breeze to close, with the 27-year-old restaurant scheduled to shut in May 2027 and reopen as Yard House the following month
Darden plans to close the Bahama Breeze at 14701 South Tamiami Trail in May 2027 and reopen the property as Yard House in June. The company is retiring the Bahama Breeze brand.
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Naples
Allegro Condominiums spent nearly $15 million recovering from Hurricane Ian, then became the first Naples condominium to install an AquaFence around the whole building
The 76-unit Gulf Shore Boulevard condominium installed about 870 feet of reusable flood barrier designed for water up to 6 feet. The project cost was not disclosed.
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Cape Coral
Cape Coral opened two more boil water areas on Tuesday morning, around SE Santa Barbara Place and SW 1st Avenue, taking the city total to five
The city added active precautionary boil water areas around 2706 SE Santa Barbara Place and 4320 SW 1st Avenue after water main breaks. Five Cape Coral areas are now open.
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Fort Myers
The Highway Patrol has removed a Daniels Parkway crash at Goldenwood Drive from its active incident board
The Highway Patrol listed a vehicle crash and westbound roadblock at Daniels Parkway and Goldenwood Drive shortly before 6 a.m. Tuesday, then removed the incident from its active board by 6.08 a.m.
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Economics
Australian dwelling approvals fell 3.6 percent while non-residential building value rose 14.4 percent
Australia approved 17,687 dwellings in July, down 3.6 percent from June but up 9.0 percent from a year earlier. Non-residential building value rose 14.4 percent to A$9.93bn.
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Economics
Australia's current account deficit widened to A$27.2bn as fuel and vehicle imports rose
Australia's current account deficit widened by A$1.8bn to A$27.2bn in the June quarter. Record fuel and passenger vehicle import values helped push the goods and services deficit to A$5.1bn.
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Bonita Springs
Emergency vehicles are blocking Interstate 75 southbound at mile marker 120 in Bonita Springs after a crash, according to the Florida Highway Patrol
The Highway Patrol received the crash call at 2.22 a.m. and still listed a roadblock caused by emergency vehicles at 2.55 a.m. No lane count, injury information or cause has been released.
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Estero
An Ave Maria man faces three DUI counts after an I-75 crash in Lee County seriously injured one of his passengers, according to FHP and the county jail record
Florida Highway Patrol arrested Christian David Perez, 18, after a Monday morning crash on southbound I-75 north of Corkscrew Road. The Lee County jail lists three DUI counts.
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Economics
Japanese corporate profits rose 24.6 percent in the second quarter, while investment rose 1.6 percent and manufacturers cut it
Ordinary profits excluding finance and insurance reached 44.7 trillion yen, up 24.6 percent from a year earlier. Plant and equipment investment rose 1.6 percent overall but fell 3.7 percent in manufacturing.
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Naples
Northbound I-75 is blocked over Collier Boulevard now, with through traffic detouring off and back on at exit 101 while crews work on the new bridge deck
Florida Highway Patrol's live incident board says northbound I-75 is blocked over State Road 951 for construction. Through traffic detours at Collier Boulevard, exit 101.
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Finance
SEC and FDA open a nonpublic information channel for filing reviews and enforcement
A signed three-year agreement lets the SEC use nonpublic FDA records in public-company filing reviews and enforcement matters, subject to statutory and confidentiality limits.
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Fort Myers
The Florida Highway Patrol has classified an incident at 5179 Palm Beach Boulevard in Fort Myers as a fatality, with no roadblock reported
The state dispatch board lists a fatality at 5179 Palm Beach Boulevard in Fort Myers. The entry says there is no roadblock. The patrol has published no account of what happened and has named nobody.
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Finance
U.S. investors held $19.3tn of foreign securities at year-end, up $3.5tn in a year
U.S. holdings of foreign securities rose to $19.3tn at year-end 2025 from $15.8tn a year earlier. Foreign equities accounted for $15.3tn, with the Cayman Islands the largest reported destination.
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Lehigh Acres
A judge found probable cause on all four charges against Whycliff Longin at his first appearance, and the Lee County Sheriff's Office has since published a charge list of its own that settles the disagreement this desk left open three days ago
A judge found probable cause on four charges at Saturday's first appearance, and the state moved for pretrial detention. The Sheriff's Office has since published the same four charges under its own name. Longin has not been tried or convicted.
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Technology
Britain opened four public service competitions under a £100m AI fund, but it has not said how much any winner can receive
The first Sovereign AI competitions cover NHS productivity, computing efficiency, defence systems and AI agent security. Winners may receive upfront payments and retain their intellectual property, but the government supplied no award sizes or deadline.
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Finance
SLB is paying $3.4bn for a cooling company and taking on another $700m of debt to move deeper into data centres
SLB agreed to buy Kelvion for about $3.4bn in cash and assume about $700m of debt. It forecasts $120m of annual EBITDA synergies within three years and a first-half 2027 close.
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Finance
Boeing renewed $10bn of committed bank credit on Friday and accepted something that was not in the old agreements: a promise to keep $5bn of liquidity
A new $3bn 364-day revolver replaces the one that expired on 24 August, and amendments extended the 2023 and 2024 five-year facilities by 365 days each while adding a $5bn minimum liquidity covenant to both.
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Technology
The trade commission has opened an investigation into whether Apple's phones and watches infringe a Santa Monica company's contact-swapping patent, and the complainant wants them kept out of the country
The International Trade Commission voted on 27 August to institute an investigation on a complaint by GG Technologies, doing business as StayTouch, naming Apple as the sole respondent over one patent. An early hearing is set within 100 days.
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Finance
A bank carrying a CAMELS 3 can now hold reciprocal deposits without them counting as brokered, and the ceiling for the largest users goes from $5bn to $30bn
The FDIC filed an interim final rule on Monday replacing the reciprocal deposit general cap, previously the lesser of $5bn or 20 percent of liabilities, with a tiered formula topping out at $30bn, and admitting CAMELS 3 banks.
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Accounting
The dollar figure that decides whether a federal contractor has to keep its books the government's way has gone from $2.5m to $35m
The Cost Accounting Standards Board filed a final rule on Monday lifting the basic applicability threshold from $2.5m to $35m, full coverage and Disclosure Statements from $50m to $100m, and agency waiver authority from $15m to $100m.
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Cape Coral
Cape Coral opened a third boil water area on Monday morning, at 608 SE 1st Avenue, and this time the city's own record puts the break and the log entry seventeen seconds apart rather than hours
The city logged a water main break at 608 SE 1st Avenue at 11.22 on Monday morning, opening a third precautionary boil water area. The SW 3rd Avenue and SE 30th Terrace notices are both still open. Collier and Fort Myers show none.
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Fort Myers
The Hurricane Center started advisories on Potential Tropical Cyclone Five in the northern Gulf on Monday morning, with a Tropical Storm Warning up for the upper Texas and southwestern Louisiana coast and nothing at all posted for Florida
The National Hurricane Center began advisories on Potential Tropical Cyclone Five in the Gulf on Monday morning. The Tropical Storm Warning runs from Port Bolivar, Texas, to the Vermilion/Cameron Parish Line, Louisiana. Southwest Florida has no watch or warning.
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Marco Island
Marco Island Fire Rescue has two firefighters and its brush truck working a Texas wildfire that federal records put at 85,303 acres and 31 per cent contained, on a deployment expected to run at least two weeks
Two Marco Island Fire Rescue firefighters and Brush 50 left for Palo Pinto County, Texas, on Saturday to work the Ross Fire. The interagency record puts the fire at 85,303 acres and 31 per cent contained. The departments expect at least two weeks.
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Fort Myers
Buckingham Presbyterian Church burned on Friday night with flames already through the roof when the first crews reached it, and by Sunday the congregation was holding its service outdoors
A second-alarm fire tore through the church on Buckingham Road late on Friday. Crews from two districts fought it, the cause is under investigation, and members worshipped outside on Sunday.
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Personal Finance
A price index the Bureau of Labor Statistics stopped publishing has changed how HUD sets the rent ceiling for every voucher in the country
HUD filed its FY 2027 Fair Market Rents notice on August 31, effective October 1. The utility half of the inflation factor is now built from state level Energy Information Administration prices instead of a discontinued local CPI.
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Naples
A juvenile black bear walked into Naples Zoo on Saturday afternoon and the zoo cleared its visitors and staff out, and two days on neither the zoo nor the state has said publicly how it ended
Visitors and staff were evacuated from Naples Zoo on Saturday afternoon after a young black bear got in. Wildlife officers went to the site to work out a capture plan. No outcome has been announced.
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Finance
The phrase bank examiners have used since 1966 now has a definition, and it is narrower than the one the courts wrote
The OCC and the FDIC filed a joint final rule on August 31 defining unsafe or unsound practice by regulation and limiting matters requiring attention to material financial harm. It takes effect 60 days after publication.
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Finance
FinCEN wants Egypt's state bank cut out of the dollar in the Emirates, and it has put 103 front companies and $1.8bn behind the finding
FinCEN filed a section 311 proposed rule on August 31 finding the five UAE branches of Banque Misr to be of primary money laundering concern, and proposing to bar US correspondent accounts for them.
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Economics
German inflation went up a tenth in August, core inflation did not move and services fell again, and energy at 10.5 percent accounts for the whole of it
The provisional consumer price index is 2.9 percent above August 2025 and 0.2 percent above July. Core inflation is unchanged at 2.4 percent and goods now run hotter than services.
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Economics
Texas factory orders jumped sixteen points in August, and the survey's employment index went the other way
The Dallas Fed published the August Texas Manufacturing Outlook Survey on August 31. New orders rose 15.6 points to 22.0 and general business activity rose to 11.6 from 1.3, while employment fell to 8.0.
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North Fort Myers
Lee County deputies worked a reported shooting at a home on Welborn Road in North Fort Myers overnight, and the Sheriff's Office says one person was treated for minor injuries
Deputies responded to a call for a shooting at a house on Welborn Road, off Nalle Grade Road, and worked the property into early Monday. One person was treated for minor injuries. The Sheriff's Office has released nothing else.
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Finance
SAIC raised its full-year guidance on every measure it guides, and the best case in the new organic growth range is still zero
Second quarter revenue rose 6 percent to $1.88bn while net income fell 20 percent to $102m. Net bookings of about $1.2bn give a book-to-bill ratio of 0.6 for the quarter.
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Finance
FirstCash has taken its revolver from $700m to $1.055bn, added sterling borrowing and lifted its leverage covenant, and the chief executive says the money is for a British pawnbroker
The tenth amendment extends the maturity from August 2029 to August 2031, permits net leverage of 3.5 times consolidated EBITDA for the full term and allows sterling drawings of up to $500m equivalent.
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Finance
BioMarin will take a fifth of every dollar Ascendis earns from Yuviwel in the United States, and in exchange it drops an ITC case and litigation on three continents
A binding term sheet signed on 30 August grants Ascendis a worldwide licence for a royalty of 20 percent of United States net sales and 18 percent in the European Union, Brazil and South Korea.
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Cape Coral
Cape Coral has a second boil water area open at 405 SE 30th Terrace, logged on Saturday afternoon but recording the service cut at seven that morning, and the SW 3rd Avenue notice is now into its fourth day
The city logged a water main break at 405 SE 30th Terrace on Saturday afternoon, though the same record's hour fields put the service cut at 7 a.m. Neither of the two open areas has been rescinded.
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Economics
China's new orders and its factory-gate prices both crossed back above 50 in August, the headline manufacturing index did not, and the employment readings kept falling
Manufacturing PMI rose 0.6 points to 49.8 and stayed under 50. New orders gained 2.1 points to 50.6 and factory-gate prices gained 2.6 to 50.4. Manufacturing employment fell to 48.7.
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Finance
Coherent has put $100m of stock in front of five executives, and not one unit pays out unless the share price compounds at 10 percent a year for four years and beats its index while it does
The compensation committee granted performance stock units with target values of $50m to the chief executive and $15m each to three other officers. Nothing is earned below a 60-day average of $454.43.
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Finance
The $31m JBS has agreed to pay over the Pilgrim's Pride charter amendment goes to Pilgrim's Pride, and the shareholders who brought the case receive nothing directly
The settlement resolves claims over a 2024 charter amendment and tax sharing agreement with the controlling stockholder. Counsel will seek up to $4,805,000 from the fund, and the hearing is on 20 November.
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Economics
Japanese factory output rose 0.1 percent in July, and the makers surveyed by the ministry say it will rise 6.4 percent in August and fall 4.2 percent in September
Seasonally adjusted production was 104.7, up 0.1 percent on June and 4.1 percent higher than a year earlier before adjustment. The producers surveyed expect 6.4 percent in August and minus 4.2 in September.
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Finance
TELA Bio lost its finance chief and 41 of its 201 staff on the same document, and the chief executive has taken the principal financial officer role herself
The board approved a reduction from 201 to 160 full-time employees, with charges of about $1.5m in the third quarter. The company puts the annual saving at $17.0m, or 18 percent of operating expenses.
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Finance
The Department of War has signed for about 10 percent of a copper explorer in Alaska, and the ten year warrants that come with the stake are priced at one cent a share
Definitive agreements give the department 16.4 million shares for about $35.6m, half of them bought from South32, plus options over 12.3 million more at one cent each.
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Finance
GameStop will pay $358.4m in cash rather than issue more of its own stock, and the change caps the number of shares its convertible exchange can produce
Noteholders will take about 55.5 million shares and $358.4m in cash for roughly $1.4bn of zero coupon convertible notes. GameStop also gave preliminary second quarter net income of $290m to $310m.
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Cape Coral
Cape Coral has opened a new precautionary boil water notice at 4612 SW 3rd Avenue after a water main break on Friday morning, one day after the city cleared its last four
The city logged the break at 4612 SW 3rd Avenue at 10.07 a.m. Friday and cut service a few seconds later. No rescission has been posted. Because the break fell on a Friday, the city's own guidance suggests clearance may run past the weekend.
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Lehigh Acres
The Lee County sheriff says a 28-year-old man has been arrested and charged in the death of the woman found inside a home on Haviland Avenue in Lehigh Acres, the investigation this desk covered on Thursday when nobody would say what it was about
Sheriff Marceno announced the arrest of Whycliff Longin at a Friday news conference. The Sheriff's Office says a woman was found dead of blunt force trauma on Haviland Avenue Thursday. Two newsrooms covering that conference give different charge lists. Longin has not been convicted.
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Estero
A woman and her dog were found dead in a swimming pool at a home on Colonial Walk North in Estero, and the two Southwest Florida newsrooms carrying the story do not agree on which night it happened
Deputies were called to a Colonial Walk North home at 6.47 p.m. for a possible drowning, and paramedics found a woman face down with her dog floating in front of her. A homicide detective took the case, which is routine and is not an accusation.
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Small Business
The honey levy is rising by half a cent a pound in two steps, and of the forty comments against it exactly one came from somebody who pays it
The National Honey Board assessment goes from 1.5 cents a pound to 1.75 on 1 September and 2 cents on 1 January 2027. It is owed only above 250,000 pounds a year.
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Personal Finance
Social Security has withdrawn the 1990 ruling that governed how rental subsidies count against SSI, and the withdrawal changes nothing for anyone
AR 90-2(2) carried the Second Circuit's decision in Ruppert v. Bowen into agency practice from 1990. A 2024 final rule wrote the same standard into the regulation nationwide, which leaves the ruling obsolete.
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Economics
Commerce has finished its dumping case on Chinese truck trailers at 130.86 percent, and the rate comes straight off the petition because no Chinese company answered
The China-wide entity drew 130.86 percent on total adverse facts available, depositing at 129.73 percent after an export subsidy offset. No Chinese producer established a separate rate.
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Small Business
Intrusion borrowed $1.5m to buy the last 40 percent of a company it already controlled, and if the note is still outstanding in 90 days the balance becomes $1.9m
Intrusion issued a $1,615,000 secured note for $1,500,000 of cash, used it to fund the $1,300,000 second closing for OW Cyber, and pledged all assets and intellectual property behind it.
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Tax
The IRS has filed ten corrections to its one-month-year foreign tax proposal, and one of them turns the last day of a partnership's year into the first
Ten corrections to the section 898(c) and 960(d)(4) proposed regulations published on 3 August. One reverses a timing test, one redirects the cross-reference the small-entity analysis relies on. Comments still close 17 September.
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Finance
Exxon is calling in $626.5m of XTO Energy notes a decade or more before they mature, and every one of them was issued before Exxon owned the company
XTO Energy has called all three of its outstanding note series for redemption on 27 September, $626,544,000 of principal carrying coupons of 6.10, 6.375 and 6.75 percent. The price is par plus a make-whole amount.
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Economics
The Labor Department settled a 2024 lawsuit by agreeing to run its farmworker enforcement committees for as long as the rule stayed unchanged, and on Friday it removed the rule
A final rule filed on Friday rescinds the 1980 regulation requiring three Labor agencies to coordinate enforcement for migrant farmworkers. Eight comments were received. All eight opposed it, and none changed the rule.
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Small Business
The Small Business Administration has rescinded the promise it made in 1971 to take public comment on its loan and grant rules, and it priced the comment writing it will no longer read at $4,311 a year
A final rule filed on Friday removes the regulation under which SBA waived the Administrative Procedure Act exemptions for loans, grants, benefits and contracts. It was issued without notice and comment and takes effect on publication.
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Economics
NHTSA now says it never had the power to set fuel economy standards for heavy truck engines, which is the argument Volvo and Daimler made in 2011 and lost
An interpretive rule filed on Friday reverses the reading of the 2007 statute that NHTSA has used since 2011. It takes no comment, takes effect on publication, and the agency will enforce accordingly in the meantime.
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Economics
The Federal Railroad Administration filed ten deregulatory final rules in a single minute on Friday morning, and the regulator found that not one of them was significant
Ten final rules reached public inspection at 8.45 on Friday, all from the Federal Railroad Administration, all proposed on the same day in July 2025. Rail unions opposed nine of them.
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Technology
Marvell paid out more in share compensation last quarter than it reported in profit, and the adjusted figure it prefers is 2.8 times the one it filed
Second quarter revenue was $2.739bn, up 37 percent. GAAP net income was $308.0m and non-GAAP net income was $865.9m. Stock-based compensation for the quarter was $326.2m, against $153.6m a year earlier.
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Technology
The blight-tolerant American chestnut that USDA deregulated today is not the tree the petition asked about, and a labelling error in 2016 is the reason
APHIS has determined that Darling 54 American chestnut is no longer a regulated article. The 2020 petition was written about Darling 58; analyses in 2023 showed nearly all the offspring were Darling 54.
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Economics
The EEOC gets 7,514 requests a year for a hearing before its administrative judges and holds 304 of them, and it now proposes to stop taking the requests
A proposed rule published on Friday would end mandatory pre-complaint counselling, remove the right to request an administrative judge before a final agency decision, and bar class complaints from administrative adjudication. Comments close in 30 days.
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Economics
The Fish and Wildlife Service is ending annual rulemaking for migratory bird hunting seasons, and every commenter except two asked it not to move to a three-year cycle
A final rule filed on Thursday afternoon replaces four annual rulemaking documents with a memorandum issued every three years. Of 28 comments, all but two objected to the three-year cycle. The Service made no change.
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Fort Myers
NeoGenomics, the Fort Myers cancer diagnostics company, says Medicare will now cover its RaDaR ST test for immunotherapy monitoring, a third covered indication
The company says the MolDX programme has extended coverage of its RaDaR ST assay to monitoring response to immune-checkpoint therapy in late-stage solid tumours. Two further submissions remain pending.
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Fort Myers
Southwest Florida International handled 680,168 passengers in July, down 5.7 percent, but the airport's year to date is within 2,594 passengers of last year
The Lee County Port Authority reports 680,168 passengers at RSW in July against 720,973 a year earlier. Seven months in, 2026 is running 0.04 percent behind 2025, a gap of 2,594 passengers out of 7.1 million.
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World
South Korea's broadcasting regulator has cut three months off the approval terms of two news channels, and it says their largest shareholders are the reason the law is not being followed
The commission shortened the approval validity of YTN and Yonhap News TV by three months on Friday and ordered both to comply by 10 October. Neither has formed the president recommendation committee the law requires.
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Finance
Lockheed Martin replaced its 364-day credit line three months before the old one was due to expire, and paid nothing to get out of it
The company signed a new $2.25bn 364-day revolving facility on 24 August and terminated its December 2025 line early with no penalty. It also pushed its $3bn five-year revolver out by a year to 2031.
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Finance
BioXcel filed for Chapter 11 with Teva already signed up as the floor bidder, and most of what Teva might pay depends on an application the FDA has not decided
BioXcel Therapeutics and two subsidiaries filed Chapter 11 petitions in Delaware on Thursday. Teva has signed a stalking horse agreement at $57.5m cash, with up to $87.5m more tied to a pending FDA application.
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Economics
The nuclear regulator has cancelled the mandatory hearing on a Kentucky uranium enrichment plant and reopened the contested case its own board had closed
The Commission acted on its own motion to put the Global Laser Enrichment case on the procedure it set for Orano at Oak Ridge this month. The reopened contested proceeding now serves as the required hearing.
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Finance
POSCO says it has a $700m credit facility for its Argentine lithium unit, and the lender's own project record puts $250m of that on IDB Invest's books
POSCO Holdings said on Friday that its Argentine unit had secured a $700m credit facility from the IDB Group. The lender's project record splits it into $250m from IDB Invest and $450m from commercial banks.
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Technology
TSMC has held 73 percent of the pure-play foundry market for two quarters running, and every rival on the table is flat or lower than it was a year ago
Counterpoint Research put pure-play foundry revenue up 29 percent on the year in the second quarter. TSMC held 73 percent of it for a second consecutive quarter, against 7 percent for Samsung Foundry.
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Finance
Korea's growth fund announced 1.6 trillion won of approvals on Thursday, and the money its own detail pages attribute to the state comes to 1.19 trillion
The Financial Services Commission approved seven projects on Thursday and headlined them at 1.6 trillion won. The detail sections of the same release attribute 1.19 trillion won of that to the state fund itself, with private investors named for the rest.
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Technology
South Korea has picked three companies to build a national artificial intelligence service, and it is not publishing the marks because the entrants asked it not to
The science ministry chose SK Telecom, Kakao and KT from six applicants for its AI for all project, and gives the three a combined 512 B200 graphics processors this year. The scores and the ranking are withheld at the entrants' request.
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Technology
SK hynix broke ground in Indiana on Thursday, and the two releases issued about the same ceremony count the jobs at 1,000 and at 7,000
SK hynix held a ceremonial groundbreaking on Thursday for its first American high bandwidth memory plant, a project of more than $4bn. Purdue counts about 1,000 employees at the fab. Senator Todd Young counts about 7,000 jobs.
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Finance
Samsung Biologics will pay for its Swiss acquisition with new shares instead of borrowings, and the two filings that say so landed the same morning
Samsung Biologics will raise 3,000,940,000,000 won in a rights issue, and 2,706,163,546,103 won of it is the exact sum its tender offer for PolyPeptide Group is to cost. An amendment filed the same morning switched that funding away from borrowings.
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Economics
Tokyo inflation excluding fresh food and energy is back at 2.0 percent, and rent supplied the largest single push
The Statistics Bureau put the Tokyo ku-area index excluding fresh food and energy up 2.0 percent on the year in August, a third consecutive rise from May's 1.5 percent. Rent contributed 0.46 points.
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Economics
Japan's employment growth has gone from 640,000 to nothing in four months, and the jobless rate fell anyway
The Statistics Bureau put July employment at 68.50 million, exactly unchanged from a year earlier, after year on year gains of 640,000 in April and 170,000 in June. The jobless rate fell to 2.4 percent.
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Economics
The Bank of Korea has added $200bn to its current account forecast in three months, and now expects a surplus of $450.0bn this year
The Bank of Korea published its August Economic Outlook the day after raising rates, and it puts this year's current account surplus at $450.0bn against the $250bn it forecast in May.
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Finance
The SEC has sued 38 entities it says used its own adviser filing system to look real, and has pulled all 38 sets of filings off its website
The Commission alleges the entities made material misrepresentations in Forms ADV filed between 2025 and 2026 to pose as legitimate advisers. All 38 complaints were filed in federal court in Colorado.
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Finance
AES has cleared CFIUS on its $15.00-a-share sale to Global Infrastructure Partners and EQT, leaving the power regulators as the remaining gate
The utility owner said on Thursday it has received CFIUS approval, a closing condition under its March merger agreement. The transaction still needs other regulatory clearances and remains subject to customary conditions.
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Finance
Gap booked $512m of tariff refunds, which is 1,140 of the 1,160 basis points its gross margin gained, and replaced the head of the brand whose sales fell
Reported diluted earnings were $1.38 a share and adjusted earnings $0.52, the difference being tariff refunds. Old Navy comparable sales fell 4 percent and its chief executive steps down on 2 November.
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Finance
Solstice and Element Solutions have torn up their $14.5bn merger 52 days after signing it, with no break fee either way, and Solstice authorised a $500m buyback the same afternoon
The agreement signed on 6 July terminated by mutual consent at 4 p.m. Eastern on Thursday. Neither party owes the other anything. Solstice affirmed its guidance and authorised its first share repurchase programme, up to $500m.
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Finance
Scholastic bought $11.5m of its own stock back from its late chairman's estate, and the chair of its board is one of the estate's two executors
The company purchased 289,624 common shares from the estate of M. Richard Robinson, Jr. at $39.7603, a 3 percent discount to the previous close, for $11,515,537.13. The audit committee recommended it and the board chair recused herself.
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Finance
Rivian's chief financial officer is leaving on 30 October, and the company is going outside as well as inside to replace her
Claire McDonough notified Rivian on 24 August that she will resign as chief financial officer effective 30 October. Derek Mulvey, vice president of finance, is expected to take the role on an interim basis.
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Technology
PagerDuty is cutting about 15 percent of its headcount in the same filing that reports a fifth consecutive profitable quarter and $470m of cash
The company reported revenue of $124.4m, up 0.8 percent, and net income of $4.7m. The same filing discloses a headcount reduction of about 15 percent, with charges of $5.5m to $7.5m.
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Technology
VeriSign is raising the registry price of every .net domain to $12.00 next March, and the increase is 9.99 percent
The registry price for new and renewal .net names rises from $10.91 to $12.00 on 1 March 2027. VeriSign disclosed the increase to the SEC and attributes it to its agreement with ICANN.
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World
The flags came down on Wednesday, and the proclamation that ordered it reached public inspection at a quarter past eleven this morning, five days before it lifts
Proclamation 11057, signed 25 August, orders the United States flag flown at half-staff for Dolly Parton until sunset on 1 September, at home and at every American post abroad. It reached the Federal Register this morning.
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World
An executive order signed this afternoon renames Lake Ontario as Lake America, gives the Interior Secretary 30 days to do it, and directs that every reference to the old name be taken out of the federal names database
An order dated 27 August directs the Interior Secretary, within 30 days and with the Board on Geographic Names, to rename Lake Ontario as Lake America and to strike the old name from the Geographic Names Information System.
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Ochopee
The Florida Highway Patrol has reopened the right lane of Interstate 75 southbound at mile marker 52 on Alligator Alley in Collier County, thirteen minutes after a crash shut it, and a second crash a mile ahead is still open
The Highway Patrol logged the crash at 2.39 p.m., recorded a roadblock in the right southbound lane, and stamped the call clear at 2.52 p.m. A second crash logged three minutes later a mile ahead at mile marker 51 was still open at 3 p.m.
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Technology
A national emergency has been declared over foreign-made grid equipment, and the reach that matters is backwards: the Energy Secretary may order equipment already installed to be disconnected, replaced or removed
An executive order signed on 26 August declares a national emergency over foreign-produced bulk-power system equipment. It bars new transactions on a case by case finding and lets the Energy Secretary impose conditions on hardware already in service.
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Economics
The import quota for lean beef trimmings has been raised by 300,000 metric tons, and the same proclamation sets a price test the imports have to pass or the rest of the quota can be taken back
A proclamation dated 26 August raises the 2026 in-quota quantity for lean beef trimmings by 300,000 metric tons, released in three tranches from 1 September, and allocates all of it to other countries rather than to one supplier.
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Tax
The rule governing arbitration of out-of-network medical bills took effect on 3 August with the paragraph making the arbitrator's decision binding missing from its text
A correcting amendment lists 36 errors in the June rule, among them the omitted paragraph stating that a certified arbitrator's payment determination binds the parties. It applies back to 3 August.
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Marco Island
A capsized boat sighted about ten miles off Marco Island on Thursday afternoon pulled marine units from four Collier County agencies out to it after an aircraft crew reported what looked like a person on or near the hull, and the crews found the vessel abandoned with no emergency taking place
An aircraft returning to Naples Airport called 911 after its crew saw what looked like a person at an overturned boat about ten miles offshore. Marco Island police and fire, Greater Naples Fire Rescue and Collier County Sheriff's Office marine units found it abandoned.
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Personal Finance
The State Department wants Americans abroad to renew passports online, and of the $148.7m a year it counts as the benefit, $19m is calculated on them
The proposed rule would end the two in-person consular visits and drop the requirement that a passport have a year or less left to run. State puts the yearly saving at $148,685,935.
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Finance
Urban Outfitters moved its gross margin 580 basis points in the quarter, and by the company's own adjusted measure the increase was four
Urban Outfitters reported record second quarter sales and a gross margin up 580 basis points. Strip out a $95.7m refund of tariffs paid under IEEPA and the company's own adjusted figure is four.
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Bonita Springs
A van caught fire on the Bonita Beach Road on-ramp to Interstate 75 southbound early on Thursday afternoon, and the ramp was shut while Bonita Springs fire crews put it out, with nobody hurt and the road recorded as clear
The Highway Patrol logged the vehicle fire at 12.18 p.m. at the southbound entrance at exit 116 and its board records the roadway as clear. The fire district says nobody was injured.
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Naples
The Florida Highway Patrol has a crash with injuries open on Interstate 75 northbound at mile marker 108 in Naples with the right lane recorded as blocked, and the entry was still carrying that status more than forty minutes after the call
The Highway Patrol logged the crash at 1.07 p.m. and typed it as a crash with injuries and a roadblock. At 1.49 p.m. the board still recorded the right northbound lane blocked.
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Fort Myers
A 19 year old student at Coronado High School in Fort Myers has been arrested and accused of bringing a firearm onto campus, after deputies say a backpack check turned up a holster and a police dog alerted on his car
The Lee County Sheriff's Office says a backpack check on Wednesday found a holster and an empty ammunition box, and a K9 then alerted on the student's car, where a Glock 17 was found. Christian Viard, 19, faces two charges.
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Fort Myers
The eastern Atlantic system this desk has tracked all week as Invest 96L was named Tropical Storm Dolly at 11 o'clock this morning, and the National Hurricane Center's very first advisory on it already forecasts the storm to fall apart into a tropical wave before it ever reaches the Leeward Islands
The National Hurricane Center named Tropical Storm Dolly at 11 a.m., 1,555 miles east of the Leeward Islands with 40 mph winds. The same advisory forecasts it to degenerate into a tropical wave before reaching them. Nothing is in force in Collier or Lee.
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Cape Coral
Cape Coral has the power off at Veterans Park while the Parks and Recreation Department finishes a round of upgrades, which leaves the lights and the restrooms out, and the city is asking people who use the park after dark to go somewhere else for now
The city says a planned outage at Veterans Park, 4140 Coronado Parkway, has the lights and restrooms out while parks upgrades continue. The park is open by day with portable toilets, and no restoration date has been given.
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Fort Myers
The Florida Highway Patrol has now published an account of how Wednesday night's fatal crash on Cemetery Road happened, saying a Nissan crossed the centre line into the direct path of an oncoming Chevrolet and the two vehicles met head-on
The patrol says a Nissan Kicks crossed the centre line on Cemetery Road at about 6.40 p.m. and met an eastbound Chevrolet Suburban head-on. The Nissan driver died at the scene. The investigation is open and nobody has been named.
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Finance
The rules behind federal loan guarantees for American shipbuilding have been rewritten for the first time since 1978, effective on publication, with 14 of 34 sections deleted and no comment period first
MARAD has issued an interim final rule remaking 46 CFR part 298, the Title XI ship and shipyard loan guarantee programme. It takes effect on publication and asks for comment afterwards.
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Small Business
The Postal Service is raising the price of every domestic shipping product it sells by 6.0 percent for the fifteen weeks that cover the holidays, and rolling them back on 17 January
Priority Mail Express, Priority Mail, USPS Ground Advantage and Parcel Select all rise 6.0 percent on average at midnight on 4 October, and all return to approved levels on 17 January.
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World
Ten arms sales notices reached public inspection in a single batch this morning, and the two largest of them are 800 air-to-air missiles for Qatar and 20,000 guidance sections for Saudi Arabia
The Defense Security Cooperation Agency filed ten arms sales notifications at 08:45 on Thursday. Five are new proposed sales worth $2.82bn between them and four report additions to cases already notified.
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Economics
Initial claims fell to 203,000 and the four week moving average rose to 205,500, and the previous week has now been revised up in three consecutive releases
Seasonally adjusted initial claims were 203,000 in the week ending 22 August, down 4,000 on a revised 207,000. The smoothed four week average went the other way and rose to 205,500.
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Economics
A farm equipment dealer changed all four of its regional revenue assumptions and left its loss forecast exactly where it was, and the segment it raised is the one selling to data centres
Titan Machinery reported a $9.2m quarterly loss on revenue of $496.4m, down from $546.4m. It reaffirmed a full year adjusted loss of $1.25 to $1.75 a share while revising every one of its four segment revenue assumptions.
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Cape Coral
Cape Coral has rescinded all four of its remaining precautionary boil water notices inside thirteen minutes this morning, taking the city's active layer to zero for the first time in at least ten days
Cape Coral cleared its last four boil water areas between 8.56 and 9.09 this morning, about 30 acres at SE 8th Avenue, Santa Barbara Place, SW 16th Court and SE 39th Terrace. The city's active layer now holds no areas at all.
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Finance
Burlington received $55m of tariff refunds and is keeping none of it, spending 40 percent in the third quarter and 60 percent in the fourth, and raised its guidance anyway
Burlington reported diluted earnings of $2.88 a share for the quarter to 1 August, including $41m after tax of tariff refunds. It says the refunds are neutral to full year earnings because all of them go back into prices.
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Finance
Dollar Tree booked $383m of refunded tariffs in one quarter, which is $1.31 of its $2.70 of earnings per share, and the spending it promised in exchange lands next quarter
Dollar Tree reported diluted earnings of $2.70 a share for the quarter to 1 August, of which $1.31 is the net effect of tariff refunds. Its third quarter outlook carries a $0.50 charge for reinvesting them.
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Lehigh Acres
The Lee County Sheriff's Office has an active investigation running at 30th Street Southwest and Haviland Avenue in Lehigh Acres this morning, and it says there is no threat to the public
WINK News reported the investigation this morning and has a crew at the scene. The Sheriff's Office says it is ongoing, that there is no threat to the public, and that more will follow later Thursday. It has not said what it is investigating.
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Economics
Americans earned $115.1bn more in July and bought almost nothing extra with it, because the $86.2bn they added on services was nearly cancelled by $49.9bn less spent on goods
Personal income rose 0.4 percent in July and disposable income rose 0.5 percent. Real consumer spending rose less than 0.1 percent, and the saving rate reached 3.0 percent.
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Economics
Profits from current production rose $400.9bn in the second quarter, more than five times the first quarter's increase, and real GDP did not move off 1.5 percent
The second estimate left real GDP at 1.5 percent for the second quarter. Profits from current production rose $400.9bn against $74.4bn in the first, and the PCE price index was revised up to 5.3 percent.
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Cape Coral
The state water district has put a 34,336 dollar civil penalty on the developer of the Seven Islands project in Cape Coral over mangroves cleared without permits, and the district says the money has not been paid yet
The South Florida Water Management District puts the civil penalties and investigation costs against Gulf Gateway Resort and Marina at 34,336.51 dollars. Shoreline stabilisation began on August 18, and replanting waits on approval of a restoration plan.
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Naples
The Florida Highway Patrol has the left lane of Interstate 75 southbound blocked at mile marker 112 in Naples after a crash logged during the morning peak, and the entry is still open on the state board
The Highway Patrol logged the crash at 8.28 a.m. and its board records a roadblock in the left southbound lane. The entry was still open, with no clearance stamp, at 8.36 a.m.
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Naples
A crash on the ramp off Interstate 75 southbound at the Immokalee Road interchange in Naples was logged with a roadblock during the morning peak, and the state board records the roadway as clear
The Highway Patrol logged a crash on the southbound exit ramp at Immokalee Road, mile marker 111, at 8.01 a.m. Its board carried the entry by 8.14 already recording the roadway as clear.
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Cape Coral
Cape Coral has cut its fire assessment for the year that starts in October, held the trash charge flat and raised the lot mowing rate, and the three charges that land on a house fall by about eighteen dollars
Resolutions 222-26, 223-26 and 224-26 set the fiscal 2027 rolls. The fire assessment on an average single family home falls to 515.43 dollars from 540.17, residential solid waste holds at 384.25 dollars, and lot mowing rises in all four districts.
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Technology
The government has named a Nanjing company as the operator of the hacking platform behind a decade of scanning, and it lists the Federal Reserve among the targets
The FBI, NSA and Cyber National Mission Force name a Nanjing company as the operator of a scanning platform and an obfuscation network, and the Justice Department has seized the domains that made both work.
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Small Business
The mayor of Lawrence, Massachusetts and the state representative for the same city were both charged this week over pandemic disaster loans, in indictments unsealed on the same day
Two 11-count indictments from one grand jury, one city and one prosecuting unit. Both allege that Economic Injury Disaster Loan money at 3.75 percent went somewhere the programme did not permit.
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Finance
KKR told the SEC on Wednesday night that outside law firms will reimburse the whole of its record $250m antitrust penalty
KKR says the civil penalty will have no financial impact on the firm, its funds or its investors, that outside law firms will reimburse it in full, and that the Antitrust Division has closed all related investigations.
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Small Business
A storm that lasted two days in April has produced a federal disaster loan declaration in late August, and businesses in seven Kansas counties now have until May to apply
The Small Business Administration issued an economic injury declaration for Saline County and six neighbours on 21 August, for storms on 26 and 27 April. Applications close 21 May 2027.
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Finance
A stock exchange has asked the SEC for permission to list bets on whether a company beats its own earnings number, and the payout would be one dollar or nothing
MEMX wants to list binary options on whether an issuer's reported earnings, revenues or sales clear a stated threshold. Comments to the SEC close on 17 September.
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Economics
The Justice Department's report to Congress under the Epstein Files Transparency Act was written on 14 February, and it reached the Federal Register this morning
The Justice Department published its statutory report on the Epstein records in Thursday's Federal Register. The letter itself is dated 14 February. Its six pages are printed as scanned images rather than searchable text.
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Finance
American banks earned $90.1bn in the second quarter, and more than half the increase over the first quarter came from securities gains the FDIC itself calls one-time
The FDIC put industry net income at $90.1bn for the second quarter and return on assets at 1.37 percent. Of the $9.7bn rise on the first quarter, $5.5bn was securities gains.
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Tax
The IRS is telling the people who took an extension not to wait for 15 October, and Free File stays open to them at an income of $89,000 or less
IR-2026-101 encourages taxpayers who requested an extension to file now rather than at the deadline. Free File runs to 15 October and offers guided preparation to anyone with 2025 adjusted gross income of $89,000 or less.
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Finance
Hyundai raised its 2030 margin target to above 9 percent and said where the money comes from, three points off the cost of sales ratio
Hyundai Motor lifted its 2030 consolidated operating margin target to above 9 percent, from the 8 to 9 percent range guided last year, and attributed the change to a 3 point cut in the cost of sales ratio.
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World
A cooking oil refinery in Burgundy is the only company Treasury wrote its own wind down licence for last week, and that licence expires on 23 October
General Licence AA, published in Thursday's Federal Register, authorises the wind down or maintenance of dealings with La Nivernaise de Raffinage SAS until 12:01 a.m. eastern daylight time on 23 October. Treasury blocked the French company on 24 August.
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Fort Myers
Dozens of people stood outside the Luminary Hotel in downtown Fort Myers for about three hours on Wednesday night over reported immigration enforcement activity across Lee County, and the hotel put out a statement about it
WINK News reports dozens of protesters gathered outside the Luminary Hotel in downtown Fort Myers on Wednesday night over reported ICE activity in Southwest Florida. The hotel said safety is its priority. No arrests were reported, and no ICE response appeared in the report.
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Finance
A Philadelphia savings bank with one branch and $68m of assets failed on Friday, and the insurance fund expects to lose $5.5m on it
Tioga-Franklin Savings Bank was closed by Pennsylvania regulators on 21 August and Second Federal Savings and Loan Association of Philadelphia assumed all of its deposits. The FDIC puts the cost to the Deposit Insurance Fund at about $5.5m.
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Immokalee
Another measles case has turned up in Collier County, this one in Immokalee, in a county where the kindergarten vaccination rate sits six points under the level that stops the disease spreading
WGCU reports a measles case was confirmed Wednesday in Immokalee, reported by the nonprofit Healthcare Network. Collier kindergarten vaccination sits near 89 per cent against the 95 needed for herd immunity. The MMR shot is free to residents in Naples and Immokalee.
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Finance
South Korea's privacy regulator went through 220 banks, insurers, card issuers, savings banks and brokerages, and the resident registration numbers it found were being collected to do things like reset a password
The Personal Information Protection Commission inspected six financial sectors from 1 April. It found resident registration numbers being taken for sign-ups, password resets and certificate linking, and says every case has now been corrected.
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Economics
The Bank of Korea raised its base rate to 3 percent for a second meeting running, and the forecast it moved by 0.7 points was growth, not inflation
The Monetary Policy Board raised the Base Rate from 2.75 percent to 3.00 percent on Thursday, its second increase in a row, and lifted the 2026 growth forecast to 3.3 percent from the 2.6 percent published in May.
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Fort Myers
Fort Myers police are asking for the public's help finding a 17 year old girl and her six month old daughter, last seen on Tuesday on Michigan Avenue
Fort Myers police are asking the public to help find Wilbelys Lopez Candelario, 17, and her six month old daughter Marbelys, last seen on Tuesday at 3650 Michigan Avenue. Call 239-321-7700.
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Small Business
A jury in St. Louis took about an hour to convict a former visiting pastor on all twenty counts, in a case the government built on roughly forty pandemic loans taken out in the names of his parishioners
Kenneth C. Sparks III was found guilty of conspiracy, wire fraud, aggravated identity theft and money laundering. The department puts the pandemic loans at $1.2m and says just over $1m of it reached him.
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Economics
The Bank of Japan's deputy governor told local leaders in Saitama that the thing he now has to watch for is underlying inflation going above target rather than staying below it
HIMINO Ryozo said the Bank should keep raising the policy rate, and that policymakers are entering a phase where they must also bear in mind the possibility of underlying inflation exceeding 2 percent.
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Fort Myers
One person died and five more were trauma alerted in a two vehicle crash at Cemetery Road and Dana Road, and Gulf Coast News now reports the road has reopened after the Lee County Sheriff's Office had it closed and traffic rerouted onto Skates Circle
One person died and five were trauma alerted in a two vehicle crash at Cemetery Road and Dana Road. The sheriff closed the roads and rerouted traffic; Gulf Coast News now reports the road has reopened.
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Sanibel
Sanibel's planning commission has cleared the storm-damaged station at 1015 Periwinkle Way to reopen with a convenience store, and the city's own staff report shows the fuel pumps were never the part that needed a hearing
The Sanibel Planning Commission approved a conditional use permit Tuesday for a convenience store at the former Chevron station on Periwinkle Way, Gulf Coast News reports. The city staff report says rebuilding the station itself needed no permit.
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Sanibel
Sanibel has put the first stretch of its hurricane replanting in the ground along Causeway Boulevard, and the city says the species were chosen because they were the ones left standing after Ian and Milton
The first Roots in Resilience planting now lines Causeway Boulevard, WINK News reports. The city says the corridor was chosen for visibility and the plants for storm survival, funded by donations, city money and a federal forestry grant.
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Lehigh Acres
A house on Sixth Street West in Lehigh Acres has been standing burned and open since January, and Lee County says the owner has not pulled a permit to fix it or take it down and has not answered Code Enforcement at all
Neighbours on Sixth Street West have watched a fire damaged home sit behind caution tape since January, Gulf Coast News reports. Lee County says a notice of violation went to the owner, who has not responded and has pulled no permit.
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Fort Myers
Immigration agents detained a man outside a Lee Health facility in Fort Myers on Wednesday afternoon, and residents reported seeing agents at several other places across Lee County through the day
WINK News recorded immigration agents detaining a man outside a Lee Health facility on Wednesday afternoon, and reported agents at Palms of Monterrey and other Lee County locations. No agency has released a count.
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Cape Coral
A Cape Coral man has been sentenced to four years in federal prison for phoning in threats to kill people in three states, and the court went above the guideline range after counting roughly forty prior convictions
Paul Richard Lukas, 51, of Cape Coral was sentenced on Wednesday to four years in federal prison for interstate threats to injure. The court varied upward after weighing about forty prior adult convictions.
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Naples
A North Naples sexual battery from 1999 has produced an arrest after Collier County detectives turned to forensic genetic genealogy and the FBI collected a fork an Arizona restaurant diner left behind
The Collier County Sheriff's Office says DNA from a fork collected in Arizona has linked a 71-year-old man to a 1999 North Naples sexual battery. It is the agency's first arrest from forensic genetic genealogy.
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Cape Coral
Cape Coral has set its stormwater fee at 163 dollars a unit for the year that starts in October, a seven dollar rise that is the fifth in a row, and the city puts the extra money into drainage, canals and flood prevention work
Resolution 221-26 lifts the annual stormwater user fee from 156 dollars to 163 dollars for each equivalent residential unit, effective October 1. It is the final rate resolution of the budget cycle, and the fee is collected on the property tax bill.
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Fort Myers
The Florida Highway Patrol reclassified its call on Cemetery Road at Dana Road outside Fort Myers as a fatality and stamped its own dispatch entry clear at 7.34 p.m., but the Lee County Sheriff's Office says the roads are still closed and traffic is being rerouted
The state dispatch board logged a crash with injuries at Cemetery Road and Dana Road in Lee County at 6.49 p.m., changed the entry to read Fatality, then stamped the call clear at 7.34 p.m. Somebody died. The sheriff's office says the roads remain closed.
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Finance
KKR has agreed to the largest premerger penalty the Justice Department has ever collected, and the judgment imposing it expires the day the money arrives
The Antitrust Division filed a proposed consent judgment on Wednesday requiring KKR to pay a civil penalty of $250,000,000 over premerger filings. It is the largest ever assessed under the Hart-Scott-Rodino Act.
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Economics
A tail rotor part failed in flight on a Bell 222, and the FAA grounded it by emergency notice on 11 August before anything reached the Federal Register
The airworthiness directive covers 15 helicopters on the United States register and bans special flight permits. Replacement costs $13,900 a helicopter, and the FAA says it cannot tell how many will need one.
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Finance
HF Sinclair had $11m left on its share buyback, and the board has replaced it with one of $1.5bn that names a single holder it may buy from
The new authorisation is effective immediately and replaces a programme first approved in May 2024 with about $11m unused. It also permits privately negotiated repurchases from REH Advisors Inc.
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Technology
Synopsys published a record quarter at twenty past four, and at five o'clock filed the amendment that puts another $150m on the cost of cutting a tenth of its staff
The board approved a higher estimate on 21 August. Pre-tax charges for the November 2025 plan are now put at $425m to $500m, against $300m to $350m when the plan was announced.
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Technology
NVIDIA doubled its revenue again, and the balance sheet under it now carries $93.9bn of other companies' securities against $35.1bn at the year end
Revenue was $96,221m, up 106 percent from a year earlier, and the outlook for the current quarter is $108.0bn with no China data centre compute revenue in it. Gains on equity securities supplied $7,771m of profit.
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Fort Myers
The Florida Highway Patrol has stamped its crash involving one of its own patrol cars on Interstate 75 northbound at mile marker 131 in Fort Myers cleared at 6.55 p.m., forty seven minutes after it was logged, and the roadblock column never moved off unknown
The state dispatch board logged a patrol car crash on Interstate 75 northbound at mile marker 131 at 6.08 p.m., stamped a trooper on scene seven minutes later, and stamped the call cleared at 6.55 p.m. The roadblock status never moved off unknown.
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Fort Myers
Immigration agents carried out raids across Southwest Florida neighbourhoods on Wednesday, including one at Madison Avenue in Fort Myers before eight in the morning, and the agency has not said how many people it took into custody
Gulf Coast News reports that immigration agents raided Southwest Florida neighbourhoods on Wednesday and detained dozens, including at Madison Avenue in Fort Myers before eight in the morning. ICE has not released a total, and the outlet reports arrests may continue into Friday.
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Finance
A Florida health system reported its own invalid Medicare codes, then went into liquidation before it could repay, and the money the government collects next month is coming from two insurers instead
The Justice Department announced a $541.5 million False Claims Act settlement on Wednesday over invalid Medicare Advantage diagnosis codes. The provider self-disclosed in December 2024 and filed for Chapter 11 six months later.
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Economics
American refineries ran at the top of their range last week, and one reason the number looks so high is that the range keeps getting smaller
Refineries operated at 97.4 percent of operable capacity in the week to 21 August, the highest weekly reading since September 2018. Operable capacity is 133,000 barrels a day below a year ago.
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Finance
Mercury General has announced the death of its founder at 104, and one sentence in the announcement moves a 35.3 percent block of the company
George Joseph, who founded Mercury General and was its chairman from the start, has died aged 104. The company says his wife Vicky Joseph, a director since 2021, has assumed ownership of his stock.
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Technology
Salesforce reported record results and its operating line fell by $1m, with the whole of the increase in net income arriving underneath it
Income from operations was $2,331m against $2,332m a year earlier, on revenue up $1,109m. Net income rose to $3,526m from $1,887m, and gains on strategic investments supplied $2,613m of the difference.
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Fort Myers Beach
Deputies say a maintenance worker at a Fort Myers Beach resort signed out the master key that opens the guest room safes, and three sets of guests then reported cash, pills and a wedding ring gone from theirs
Gulf Coast News, reading the Lee County Sheriff's Office arrest report, reports a 23 year old Cape Coral maintenance worker at Pointe Estero Beach Resort was arrested Monday on three counts of grand theft after guests found him in their room.
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Small Business
An $11bn farm payment programme wrote a definition of corn that left out blue and red corn, and the growers it shut out are getting thirty days
The Commodity Credit Corporation is correcting the Farmer Bridge Assistance rule to add blue and red corn to the definition of corn. Growers shut out of the April deadline get 30 days from publication.
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Finance
The Food and Drug Administration approved a pancreatic cancer drug six and a half months ahead of its deadline, and the company put the price in a filing three hours later
The FDA approved Rasonque, or daraxonrasib, for metastatic pancreatic adenocarcinoma on Wednesday. Revolution Medicines then filed an 8-K putting the wholesale acquisition cost at $39,800 for a 30-day supply.
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Finance
Somnigroup has closed its takeover of Leggett & Platt, and about two thirds of the $2.3bn the deal is valued at is debt that does not move
Somnigroup completed its all-stock acquisition of Leggett & Platt on Wednesday, valued at about $2.3 billion including debt. Leggett & Platt shareholders received 0.1455 Somnigroup shares each and own roughly 9 percent of the combined company.
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Fort Myers
Lee County cut the ribbon this morning on the rebuilt splash pads at Lakes Regional Park in Fort Myers, a 2.6 million dollar replacement paid for with state disaster money after Hurricane Ian ruined the originals almost four years ago
The splash pads at Lakes Regional Park on Gladiolus Drive opened to the public on August 5 and got their ribbon cutting this morning. The 2.6 million dollar rebuild after Hurricane Ian was paid for with Florida Division of Emergency Management money.
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Finance
The carve out that lets non Russian diamonds keep clearing United States customs has been extended by a year, to September 2027
General License 104B supersedes 104A and runs to 12:01 a.m. eastern daylight time on 1 September 2027. It covers stones that were outside Russia before March or September 2024 and have not left Russia since.
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Economics
The FAA has made a Lycoming service bulletin mandatory five months after the manufacturer issued it, and gave owners 25 hours of flying to comply
The airworthiness directive covers 957 engines on United States registered airplanes and takes effect 15 days after publication. The FAA puts the cost at $2,370 an engine, or $2,268,090 across US operators.
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Fort Myers
Lee Health is ending its hospital and physician contracts with UnitedHealthcare on 31 December, which puts every Lee Health hospital and doctor out of network on 1 January 2027 for affected employer, individual and Medicare Advantage plans
Lee Health says its UnitedHealthcare contracts end on 31 December, putting its hospitals and physicians out of network on 1 January 2027 for affected employer, individual and Medicare Advantage plans. Coverage runs normally until then, and patients are told not to cancel 2027 appointments yet.
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World
Treasury has sanctioned a British protest group, a transnational Palestinian network and the Italian collective that hosts far-left sites, and only the host was given a wind down window
OFAC designated Palestine Action, Masar Badil and the Italian hosting collective Autistici Inventati under Executive Order 13224, with two Masar Badil officials. Only Autistici Inventati got a wind down licence, to 25 September.
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Finance
The nuclear regulator has opened the window on NextEra taking over Dominion's reactor licences, and it is twenty days wide
The NRC is considering the indirect transfer of licences for eight reactor units at four stations to NextEra Energy. Hearing petitions are due 20 days after publication, comments 30 days.
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Bonita Springs
Bonita Springs crews are working to put the Vincent Road brush fire all the way out today, the roundabout at the scene is down to one lane while they do it, and Verizon service out there is running on a generator
Gulf Coast News reports Bonita Springs firefighters are set to fully extinguish the Vincent Road brush fire Wednesday. A strike team has been on scene since 9.30 a.m., the roundabout there is down to one lane, and Verizon is on generator power.
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Finance
Kohl's sold less and earned more on it, and the refund it names is larger than the whole of the gross profit gain
Kohl's second quarter net sales fell 0.9 percent and gross margin rose 305 basis points. The company says about $150m of tariff refunds arrived in the quarter, roughly $100m of it through gross margin.
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Economics
New orders for durable goods rose 1.1 percent in July, and the line that strips out aircraft rose 0.2
New orders for manufactured durable goods rose 1.1 percent in July to $339.3 billion. Nondefense aircraft supplied most of the increase, and the measure that excludes aircraft rose 0.2 percent.
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Naples
The Florida Highway Patrol has given its account of Tuesday's fatal crash on Interstate 75 at Naples, and it revises the picture on the record overnight: two vans rather than a van and a box truck, a rear-end collision with traffic stopped ahead, and the driver who died was the one behind
FHP says a Chevrolet Express van driven by a 62-year-old man struck the back of a stopped Mercedes van in the center lane about 200 feet north of the Immokalee Road overpass. The Chevrolet driver died. The other driver was not hurt.
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Fort Myers
The School District of Lee County has lifted the pause it placed on moving Buckingham Exceptional Student Center in April and will now consolidate it with Royal Palm Exceptional Center on the Royal Palm campus, with the combined facility due to open to students in August 2027
Lee County schools have restarted the consolidation of Buckingham Exceptional Student Center into Royal Palm Exceptional Center, four months after pausing it under parent pressure. The district says the revised plan reflects family feedback and that the combined campus opens in August 2027.
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Cape Coral
Cape Coral has rescinded the precautionary boil water notice around 1019 SE 43rd Street, the city's longest running area, after seven days and twenty-two hours, and four areas covering about thirty acres stay active
Cape Coral rescinded the precautionary boil water notice around 1019 SE 43rd Street at 9.34 this morning, seven days and twenty-two hours after the 18 August main break. Four areas covering about 30 acres stay active, one of them 0.3 miles away.
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Fort Myers
Lee Health says text messages and emails offering a MyChart Medicare Kit or a Senior Health Package are not from the health system, and are being sent by third parties trying to collect personal and sensitive information from its patients
Lee Health says messages promising a MyChart Medicare Kit or a Senior Health Package are not from the health system. Its own MyChart page warns that fraudulent emails, texts and calls may use the MyChart name or logo to look legitimate.
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Fort Myers
Six hours after saying a tropical depression was likely to form in the eastern Atlantic, the National Hurricane Center has cut Invest 96L to 60 percent in both of its windows and now says conditions there turn against the system by the weekend
The 8 a.m. outlook cuts Invest 96L from 70 percent to 60 percent in both windows, softens depression formation from likely to could, and warns conditions turn less favorable by the weekend. Nothing is in force in Collier or Lee.
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Immokalee
Troopers have arrested a 42 year old Immokalee man over the State Road 29 hit-and-run that killed Landin Ahrens, and say the pickup they impounded in Estero had both headlamps replaced after the crash
The Florida Highway Patrol says troopers found a 2014 Dodge pickup in Estero on Tuesday, impounded it, and arrested Pedro Lopez Fernando, 42, of Immokalee on charges of leaving the scene of a crash involving death and tampering with evidence.
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Technology
Micron has appointed two presidents on one morning, and the executive who ran the customer side becomes an adviser to the chief executive
Manish Bhatia becomes president and chief operating officer and Scott DeBoer becomes president and chief technology and products officer, both effective immediately. Sumit Sadana moves to senior adviser to the chief executive.
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Finance
Kraft Heinz is taking its shares off Nasdaq and putting them on the New York Stock Exchange, and leaving four bond listings behind
The food company told the SEC its board authorised a withdrawal from the Nasdaq Global Select Market. Trading there ends at the close on 11 September and begins on the NYSE on 14 September.
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Naples
Arthrex is finishing a 41-unit apartment building in Naples that it will not rent to the public, because its own new hires cannot land here fast enough without it
Arthrex is finishing a five-storey, 41-unit corporate housing building on 2.06 acres in Naples' Palm River, less than two miles from its headquarters. The company has passed 13,000 employees worldwide and says its 60-property housing pool has run near 94 per cent occupancy.
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Fort Myers
RV Doctor in Fort Myers is named in two active Lee County civil cases and a run of customer complaints over motorhomes their owners say sat unfinished for a year or longer
An eight-month WINK Investigates report names RV Doctor, Inc. of Fort Myers in two active Lee County civil cases and a run of customer complaints over unfinished work. The company denies wrongdoing and blames parts backorders and insurance limits.
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Small Business
The Energy Department has postponed its own rescission of a minority business loan rule for the sixth time, and the rule it promised to withdraw if anyone objected is still on the books sixteen months later
A direct final rule published in May 2025 would strip 10 CFR Part 800 from the books. Its effective date has now been pushed six times, most recently from 1 September to 24 December 2026.
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Finance
Western Digital agreed before the opening bell to hand over shares for $191m of its convertible notes, and the number of shares will be set by a price that did not exist when it filed
Holders of about $191.0m of the 3.00% convertible notes due 2028 will take $192.7m in cash plus shares covering the conversion premium. The share count depends on Wednesday's volume-weighted average price.
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Technology
Boston Scientific says a cybersecurity incident has disrupted its operations globally, and that what it cannot reliably do is process and ship customer orders
The device maker told the SEC it identified the incident on Tuesday and that the disruption reaches its ability to process and ship customer orders. It says the timeline for full restoration is not yet known.
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Fort Myers
The National Hurricane Center now carries the eastern Atlantic disturbance at 70 percent in both of its windows and says a tropical depression is likely to form there within a day or two, while the Bermuda system has fallen to near zero and is no longer expected to develop at all
The 2 a.m. outlook raises the 48-hour odds on Invest 96L to 70 percent and says a depression is likely within a day or two. The Bermuda system, Invest 95L, fell to near zero. Nothing is in force in Collier or Lee.
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Economics
The only Indian producer in a citric acid dumping case walked out of it, and the rate Commerce put on it is one nobody calculated
Commerce preliminarily found citric acid from India sold at less than fair value, at 151.73 percent. That rate came out of the petition after the sole Indian respondent withdrew. The Canadian respondent drew zero.
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Economics
The Bank of Thailand held its policy rate at 1 percent, and said the technology boom lifting its exports is barely reaching the rest of the economy
The Monetary Policy Committee voted unanimously on Wednesday to leave the policy rate at 1.00 percent. It lowered its inflation projection and said gains from the technology cycle rely heavily on imported inputs.
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Tax
Oklahoma voters have refused, by close to three to one, to let their Legislature decide what local government gets paid back for a five year manufacturing tax break
Unofficial returns from all 1,984 precincts put State Question 844 down 389,735 to 138,755. It would have written a new instruction into the constitutional clause that reimburses local government for the manufacturing exemption.
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Cape Coral
The Postal Service has stopped delivering to homes on Northwest 16th Terrace in Cape Coral, the street where the city is already drilling into a sinking road, and is holding the mail for collection at the Cape Coral North branch
The Postal Service says pending safety issues have temporarily affected delivery to a few residents on the route and that affected mail and packages can be collected at the Cape Coral North branch. It has not said what the safety issues are.
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Economics
China's central bank has opened a fourth overnight lending window since June, and on the four days the last one ran, its seven day facility took nothing at all
The People's Bank of China will run overnight reverse repos from 27 August to 1 September, capped at 600bn yuan a day. On the four days the August window ran, the seven day operation took nothing.
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Finance
Six of the 136 Japanese financial institutions running generative artificial intelligence tell the Bank of Japan they red team it, and 67 of them are cleared to feed it confidential customer data
The Bank of Japan surveyed 150 financial institutions and every one replied. 136 use or are trialling generative artificial intelligence, 67 of them on confidential customer data, and six report red teaming it.
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North Fort Myers
More than 125 people turned out in North Fort Myers to ask what Lee County is about to do to the community plans that hold back development in Buckingham, Bayshore, Lehigh Acres and North Fort Myers, and the county says the rewrite adds no density
More than 125 residents came to the North Fort Myers Community Center on Tuesday over proposed changes to the Lee Plan, Gulf Coast News reports. Staff say the rewrite adds no allowable development. The local planning agency takes it up on 31 August.
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Finance
Par Pacific will take about $146m out of a Colorado gas producer it carries at $43.3m, and its cut of the up front cash is 30 percent of a 46 percent stake
Laramie Energy, 46 percent owned by Par Pacific, has agreed to sell substantially all its oil and gas assets for $485m in cash. Par expects about $146m and will exit an investment carried at $43.3m.
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Economics
Korean births rose 15.6 percent in June and the fertility rate reached 0.88, and the country still lost 4,683 people in the month because deaths outran births
Births reached 23,111 against 27,794 deaths, a natural decline of 4,683 for the month. All 17 regions recorded more births than a year earlier, and Seoul, which has the lowest fertility rate in the country, recorded natural increase.
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Economics
A new surgical anesthetic becomes a controlled substance on Thursday, and the drug the government measures it against has been waiting on a 2010 recommendation ever since
The interim final rule takes effect on publication, which the document stamps as 27 August. Propofol, the comparator on every one of the eight statutory factors, was recommended for Schedule IV in 2010 and is listed in no schedule.
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Fort Myers
Lee County logged three more boil water notices on Tuesday, two of them at the same Heron Coach Way address three hours apart, and lifted the Chandler Avenue notice after ninety six hours
Lee County Utilities added three precautionary boil water notices on Tuesday and rescinded the Chandler Avenue notice at 9.57 that morning, leaving five areas active including one that starts Wednesday.
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Fort Myers
Twelve of the 163 children recovered in Florida's largest child recovery operation are credited to the Fort Myers region, and the state's own release does not say the twelve were found here
Florida announced 163 children recovered in a five day operation, with twelve credited to the Fort Myers region. Neither the Lee nor the Collier sheriff's office is among the thirteen named.
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Economics
Japanese services producer prices accelerated to 3.6 percent, and the version of the index that leaves out international shipping did not move
The Bank of Japan index rose 3.6 percent from a year earlier, up from a revised 3.4 percent in June. Excluding international transportation, a group weighing 7.5 in 1,000, it held at 3.1 percent.
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Economics
Australian headline inflation fell to 3.5 percent in July, and the trimmed mean it is now sitting below did not move at all
The monthly consumer price index rose 3.5 percent in the year to July, down from 3.8 percent in June. Trimmed mean inflation held at 3.6 percent, which leaves headline below it.
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Naples
Northbound Interstate 75 at Naples is open again, the state's remarks field on the mile marker 111 fatality now reading roadway open, ending a second full closure that stood for about an hour and a quarter
The Florida Highway Patrol row for the Interstate 75 fatality at mile marker 111 in Naples now reads roadway open. The second full northbound closure entered the record between 7.19 and 7.24 and lifted between 8.39 and 8.44 p.m.
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Tax
Governors redraw the Opportunity Zone map next year, and the federal auditor puts it plainly: about a third of the current zones would not qualify to stay on it
The Government Accountability Office estimates 31 percent of existing Opportunity Zones would fail the new eligibility test, and that the 2025 tax law leaves about a quarter fewer eligible tracts to choose from.
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Accounting
Deloitte will pay $21.5m to close a False Claims Act case over the anti-discrimination clause in its federal contracts, and the group that brought it takes exactly one fifth
Five Deloitte partnerships have agreed to pay the United States $21.5m over allegations they falsely certified compliance with the anti-discrimination clause in federal contracts. The whistleblower receives $4.3m.
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Naples
The Interstate 75 fatality at Naples has taken every northbound lane again, a second full closure of the same call that entered the state board between 7.19 and 7.24 this evening after almost two hours in which only the left lane was down
The Florida Highway Patrol is again carrying all northbound lanes of Interstate 75 at mile marker 111 in Naples as blocked. The board had held the left lane alone since half past five, and the change landed between 7.19 and 7.24 p.m.
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Naples
The first outside reporting on the Interstate 75 fatality at Naples fills in what the state board never carried, a van and a box truck near Immokalee Road, one person dead and two more being treated, with the left lane still blocked nearly two and a half hours after the call
Gulf Coast News reports the Florida Highway Patrol saying a person died in the Interstate 75 crash at mile marker 111, and the Sheriff's Office saying a van and a box truck were involved, with two people treated. The left lane is still blocked.
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Accounting
Syntec Optics dismissed its auditor on the same day it appointed the next one, and the five material weaknesses named in the filing are the five it disclosed in March
The audit committee dismissed CBIZ CPAs and appointed WithumSmith and Brown on 19 August. The Form 8-K reports no disagreements and five material weaknesses, and it was filed on the deadline.
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Finance
Exelon's controller and tax officer takes over as chief financial officer on 5 October, and the three parts of his new pay package add to exactly $3m
Robert Kleczynski moves from controller and tax to chief financial officer on 5 October. His base is $650,000, his annual target 90 percent of it, and his 2027 long term award $1,765,000.
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Naples
The crash that closed northbound Interstate 75 at Naples this afternoon has been retyped by the state as a fatality, the sixth description it has given one call, with the left lane still blocked more than three and a half hours after the first unit was sent
The Florida Highway Patrol has retyped its Interstate 75 northbound call at mile marker 111 in Naples from a crash with injuries to a fatality. The left lane is still blocked and the right and center lanes are open.
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Naples
Two of the three northbound lanes of Interstate 75 at mile marker 111 in Naples have reopened, ending a full closure that stood for about half an hour, with the left lane still blocked and the crash that caused it still being worked
The Florida Highway Patrol has reopened the right and center northbound lanes of Interstate 75 at mile marker 111 in Naples. The left lane is still blocked. The full closure entered the record between 4.49 and 4.59 and was gone from it by 5.29.
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Naples
Every northbound lane of Interstate 75 at mile marker 111 in Naples is now closed, a third escalation of a call the state first published as a disabled vehicle, with the full shutdown recorded between 4.49 and 4.59 and still standing at 5.05
The Florida Highway Patrol has closed all northbound lanes of Interstate 75 at mile marker 111 in Naples. The crash received at 4.29 was carrying two blocked lanes at 4.49 and a full closure by 4.59, still standing at 5.05.
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Tax
The IRS says the average refund rose 11 percent this year and does not say from what, and its own filing season table gives the base as $2,939 going to $3,276 on fewer returns than last year
A stakeholder readout published on Tuesday repeats the 11 percent figure without a base. The agency filing season table has it: $2,939 to $3,276, on returns received of 144,992,000 against 145,855,000.
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Naples
A 15 year old Barron Collier High School student was arrested on Tuesday after the sheriff's office says a butterfly knife with a four inch blade was found concealed in their clothing along with a box cutter, and deputies say no threat was made and they believe the school was never in danger
The Collier County Sheriff's Office says a 15 year old Barron Collier High School student was arrested Tuesday on two counts of possession of a weapon on school grounds. Deputies say no threat was made and they believe the school was never in danger.
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Accounting
Intuit will stop taking share-based compensation out of its adjusted numbers, and the fiscal 2027 guidance it published on Tuesday is measured against a base $2,056m lower than the one it reported
From 1 August the add-back stops. Fiscal 2026 non-GAAP operating income of $8,935m becomes $6,879m on the new basis, and that is the base the 17 to 18 percent growth guidance is measured against.
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Naples
A call the state first published as a disabled vehicle on northbound Interstate 75 at Naples has been retyped twice in seven minutes and now reads as a crash with injuries, with the left and center lanes blocked at mile marker 111 and troopers on scene since 4.40 with the lanes still down
The Florida Highway Patrol is carrying a crash on Interstate 75 northbound at mile marker 111 in Naples with the left and center lanes blocked. A unit reached the scene at 4.40 and the lanes were still blocked at 4.49.
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Bonita Springs
The two Bonita Springs brush fires have burned seventy six acres between them, both are now at least ninety five per cent contained, and the fire chief says what is left is hot spots sitting inside the burn
WINK News reports both Bonita Springs brush fires at least ninety five per cent contained, seventy six acres between them. Chief Greg DeWitt says the hot spots left are inside the burn, and fire officials say lightning likely started them.
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Accounting
Accounting stopped recognising troubled debt restructurings in 2022. The Farm Credit rulebook caught up on Monday
The Farm Credit Administration has removed formally restructured loans from its regulatory high-risk loan performance categories. The change took effect on 24 August, four years after the accounting standard behind the category was withdrawn.
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Small Business
Every train leaving the United States will need an electronic manifest 24 hours before it goes, and the paper option ends
Customs and Border Protection filed a final rule requiring electronic export manifests for all rail cargo leaving for Canada and Mexico. Initial filing is due 24 hours before departure, the rest two hours before.
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Economics
Two Reserve Bank boards asked for a higher discount rate in mid July. Eight days later there were four
Minutes released on Tuesday show the directors of Cleveland and Minneapolis voted on 16 July for a 4 percent primary credit rate. By 23 July the directors of Kansas City and Dallas had joined them.
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World
The United States has approved sharing Restricted Data with Finland and Sweden, under a NATO atomic agreement that took effect in 1965
Presidential Determination 2026-22, signed on 21 August and filed on Tuesday morning, approves United States implementation of the NATO ATOMAL Agreement with respect to Finland and Sweden, and authorises the Department of War to cooperate with them.
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Naples
The death in Sunday night's mobile home fire on Hibiscus Lane was not suspicious, the Collier County Sheriff's Office has told WINK News, and the State Fire Marshal has taken over the investigation into what started it
WINK News reports the Collier County Sheriff's Office has said the death in Sunday's Hibiscus Lane fire was not suspicious, and that the State Fire Marshal is investigating. WINK places the fire in the Pelican Creek Mobile Home Park.
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Cape Coral
Cape Coral's active boil water layer has gone from three areas to five since this morning, and the two additions are records the city first opened on 17 August, doubling the acreage under a precautionary notice
Cape Coral's active boil water layer has gone from three areas to five since 4.30 this morning. The additions are at 2728 SE 8th Avenue and 1822 Santa Barbara Place, both records dating from 17 August. The five cover about 37 acres.
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North Fort Myers
The two right lanes are open again on northbound Interstate 75 at mile marker 144 in North Fort Myers, and the state's own note on the crash it logged there at 9.16 now reads that the roadway is clear
The Florida Highway Patrol note on the mile marker 144 crash now reads that the roadway is clear. It read two right lanes blocked when the board was last read at 9.39 this morning, so the lanes reopened somewhere between 9.39 and 10.48.
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Finance
Valley National is buying a 14-branch Chicago bank for $247m, and the deck says the price sits below both sets of comparable deals it prints
Providence holders get 4.3854 Valley shares and $21.47 cash apiece, worth $83.30 on Monday's close. Valley puts the price at 1.45 times tangible book, against 1.65 for Chicago deals since 2010.
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Tax
Owning a foreign subsidiary on the last day of its year used to be the whole test, and Treasury has now written the rules for the test that replaced it
Ninety-three pages of proposed rules put a United States shareholder into a controlled foreign corporation's income for the days it held the stock. A year now closes on a status change, and may close on an ownership swing above 50 percentage points.
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Finance
The fee for registering securities with the SEC falls by more than a third on 1 October, and it falls because a forecast went up
The Commission set the fiscal 2027 rate at $87.00 per million against $138.10 now. The amount Congress wants collected rose 3.5 percent, and the estimate of what will be registered rose 64.2 percent.
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Economics
Consumer confidence barely moved in August, and the two halves of the index moved hard in opposite directions underneath it
The Conference Board index fell 0.8 points to 89.4 in August. The Present Situation Index rose 6.8 points to 121.2 and the Expectations Index fell 5.8 points to 68.2.
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Economics
New home sales fell 10.5 percent in July, and the only decline that clears the government's own significance test is in the Midwest
Sales of new single-family houses ran at a seasonally adjusted annual rate of 607,000 in July, down 10.5 percent from a June figure the Census Bureau has revised up by 50,000.
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North Fort Myers
Northbound Interstate 75 through Lee County took three crash calls in twelve minutes this morning, and the one the state is still carrying has the two right lanes blocked at mile marker 144 in North Fort Myers
The dispatch board is carrying a crash on Interstate 75 northbound at mile marker 144 in North Fort Myers with the two right lanes blocked and a unit on scene since 9.36. Two other calls on the same stretch have come off the board.
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SW Florida
Naples is paying $3.913 a gallon for regular, the second highest of Florida's twenty four metro areas, while diesel across Southwest Florida has slipped below the national average after a month above it
AAA put the Naples metro average for regular at $3.913 a gallon on August 25 and the Fort Myers-Cape Coral metro at $3.831. Both are down on the month and roughly 92 cents up on the year.
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Finance
Willis Lease has closed on 12 aircraft and 13 engines at about $262.9m against a base price of $379.3m, and the release announcing it gives no price at all
The base price disclosed in July was $379.3m and the adjusted price at closing was about $262.9m, most of the gap being cash the portfolio itself threw off in the meantime. Sixteen of the 25 assets go to joint ventures or managed vehicles.
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Finance
Dick's now guides the Foot Locker business it bought for $2.5bn to an operating loss for the full year, and 104 of its owned stores have gone since February
Foot Locker lost $31.9m at the segment line on $1.74bn of sales in the quarter. Guidance for the year is now a loss of $40m to $80m, against $1.54bn to $1.60bn of segment profit at Dick's.
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Alva
The Florida Highway Patrol now records the roadway as clear at Palm Beach Boulevard and Broadway Street in Alva, closing out a morning that began with the corridor shut and no close parallel route to take instead
The state's note on the Alva crash with injuries now reads that the roadway is clear. It read roadblock when the call was logged at 6.27 a.m., right lane blocked at 6.47, and clear by the time the board was read again at 8.34.
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Small Business
The price of reaching the Do Not Call list rises again on 1 October, and the Federal Trade Commission had no say in the number
Access to the National Do Not Call Registry costs $85 per area code from October 1, up from $82, and the most any single entity can be charged rises to $23,425.
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Technology
The trade office wants to hear about superfakes, and it has given the public six weeks to name the markets selling them
The Office of the United States Trade Representative has opened comments on the 2026 Notorious Markets List, with an issue focus on high quality counterfeits known as superfakes. Written comments close on October 7.
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Fort Myers
Southwest Florida International Airport proposes to charge the airlines $16.64 for every departing passenger next year, up from $14.03, and the rise is bond coverage on the terminal expansion rather than the cost of running the place
The Lee County Port Authority's proposed 2026-27 budget puts the average cost per enplaned passenger at $16.64 against $14.03 this year, and projects 11,324,210 passengers, 91,311 fewer than the current budget.
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Lehigh Acres
A school bus carrying one student was in a minor crash with a car near East 8th Street and Joel Boulevard in Lehigh Acres on Tuesday morning, and the fire department reported no injuries
The Lehigh Acres Fire Department says crews responded to a crash involving a car and a school bus in the area of East 8th Street and Joel Boulevard. One student was on board and no injuries were reported.
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Tax
Vipshop reported profit up 189 percent and a tax bill more than twice its operating income, and RMB1.56bn of that bill is an accrual against dividends it moved out of the mainland years ago
Second quarter income tax expense was RMB3.3bn against RMB407.2m a year earlier. Income from operations was RMB1.5bn. Every operating measure the company reports fell, including orders and active customers.
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Technology
Navitas is paying up to $232.8m for a two-year-old power chip startup, and the stock it has set aside for the people who come with it is worth more than the earnout it is paying the sellers
The merger agreement signed on Monday puts $126.4m of cash and about 6.9 million shares at closing, with $16.7m of stock on milestones. A separate employee award pool is worth $28.9m.
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Finance
Nine days before its shareholders vote on the NextEra takeover, Dominion has published the parts of its bankers' arithmetic it left out, and says the two lawsuits that asked for them are without merit
Dominion filed a supplement to its proxy statement on Tuesday morning after two New York suits and several demand letters. The added figures include an undisturbed share price of $62.97 and consideration worth $76.38.
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Alva
The full roadblock the Florida Highway Patrol had on Palm Beach Boulevard at Broadway Street in Alva has come down to the right lane, on a crash with injuries the state is still carrying open in the morning peak
A crash with injuries at Palm Beach Boulevard and Broadway Street in Alva blocked the road from 6.27 a.m. The state now records only the right lane blocked, on a call it is still carrying open in the morning peak.
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Tice
Work has started on the Royal Palm Park fishing pier in Tice, Lee County has now put the closure in writing on its own page, and a dollar figure has appeared for the first time
Construction began Monday on the Caloosahatchee fishing pier Hurricane Ian destroyed, with cranes driving new pilings. Gulf Coast News puts it inside a 3.8 million dollar FEMA and state initiative, the first figure published. Lee County now carries the closure on its own page.
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Small Business
The Gulf shrimp permit moratorium expires in October, and the proposal to run it for another ten years arrives with the permit pool 646 smaller than in 2008 and closing on the 1,072 floor the council set
The moratorium on new federal Gulf shrimp permits ends after 26 October. The National Marine Fisheries Service proposes extending it to 2036, and asks whether five years would be better. Comments close on 24 September.
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Cape Coral
Cape Coral Parkway closes a leg of Vincennes Street overnight from nine on Tuesday, the second of eight intersections being rewired, with the other six queued for the week of 31 August
Gulf Coast News reports an overnight partial closure at Cape Coral Parkway and Vincennes Street from 9 p.m. Tuesday, detouring Vincennes traffic while the parkway stays open, as at Del Prado on Monday. Six more intersections are set for the week of 31 August.
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Economics
The applicant for two small reactors in Michigan wants to build permanent retaining walls before the regulator decides whether it may build anything, and the environmental finding it needed arrived on Monday
The Nuclear Regulatory Commission found no significant environmental impact from letting Palisades SMR build permanent excavation support walls before any limited work authorisation is issued. The company would carry the risk if its permit is refused.
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Economics
Korean consumer sentiment fell for the first time since April, and the sharper drop is in what households think of conditions right now
The composite index came in at 104.5, down 2.3 points and the first monthly fall since April. The read on current conditions dropped five points to 79. The gauge has stayed above 100 since May.
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Economics
OPM published five corrections in one Federal Register issue, four of them to civil service rules that take effect on 2 September, and one replaces a citation to a statute repealed in 1991
Five corrections ran in Tuesday's Federal Register. Four fix the layoff, probation and suitability rules published on 3 August and effective 2 September. OPM calls every one of them non-substantive.
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Accounting
Amrize changed chief financial officer with immediate effect on Monday, and the man taking the job is the one who ran its deals
Samuel Poletti, chief strategy and M&A officer since the June 2025 separation from Holcim, succeeded Baris Oran the same day. Base salary is $725,000, the bonus can reach 200 percent of it, and neither agreement carries a change-of-control payment.
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Accounting
Hormel has hired the finance chief of Tyson's chicken business, and the cash it is paying him to cover what he forfeits by leaving is exactly one year of his new salary
Ash Bhumbla starts on 8 September. Base salary is $700,000, the long-term incentive target is $2.1m, and the sign-on is $700,000 in cash plus $1.2m of restricted stock. Paul Kuehneman stays on as controller.
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Finance
Charter has finished a bond exchange that cancels $5.499bn of long-dated notes and puts $3.406bn of new ones out at 7.087 and 7.337 percent
Monday's final settlement added $55,928,000 and $35,750,000 to two series priced on 12 August. Across both pools holders gave up $5,499,089,000 of notes for $3,405,501,000 of new paper, plus cash the filing does not quantify.
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Technology
Zillow paid Redfin $100m to leave the rental listings market, and the most Redfin can be fined for failing to go back in is $1.6m
The proposed order filed on Monday gives Redfin six months from entry to relaunch rental advertising. Miss it and the penalty is $1m, then $100,000 a month, capped at $1.6m. Five states collect $2m.
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Fort Myers
Lee County opened two more boil water notices at lunchtime on Monday, one of them the third main break in the Villas in four days, and the Chandler Avenue notice from Friday morning has now been open more than ninety hours
Lee County Utilities is carrying three open boil water notices. Two went up Monday, one on Entrada Drive North and McGregor Boulevard, the other on Woodland Boulevard and Crest Lane in the Villas. The Chandler Avenue notice from Friday is open at 91 hours.
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Cape Coral
Cape Coral is carrying three active boil water areas, two of them opened on Monday and one that has now stood since 18 August, while every area the city was working through on Friday has been cleared
Cape Coral's boil water layer carries three areas with no rescission date. Two were logged on Monday, at 7.50 a.m. and 11.09. The third has stood since 18 August. The areas active on Friday have all been lifted.
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Fort Myers
The National Hurricane Center now puts the eastern Atlantic disturbance at 70 percent and says a tropical depression is likely within days, while the Bermuda system it was tracking has slipped to 40 percent, and neither area is forecast toward Southwest Florida
The 2 a.m. outlook lifts the Cabo Verde system to 70 percent over seven days and says a tropical depression is likely within days. The Bermuda low fell to 40 percent. No watch, warning or advisory is in force anywhere in Florida.
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Bonita Springs
The larger Bonita Springs brush fire is ninety five per cent contained at seventy acres, and the smaller fire the two newsrooms could not agree on last night now reads the same way in both
Gulf Coast News reports the Radio Tower Road fire at seventy acres and ninety five per cent contained as of 10.03 p.m. Monday, up from eighty per cent at 8 p.m. The two outlets now agree on the second fire.
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Cape Coral
Cape Coral has put a drilling rig into Northwest 16th Terrace to find out why the road and a driveway on it are sinking, and until it reports back the city has told the homeowners not to drive on their own concrete
Cape Coral says the roadway in front of the property has settled noticeably and has hired a geotechnical consultant to drill borings into the street. It says it does not yet know the cause and cannot confirm any link to nearby construction.
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Bonita Springs
The larger Bonita Springs brush fire is now eighty per cent contained at seventy acres, the first containment figure tonight that two newsrooms report the same way, while the two differ on the smaller fire
WINK News and Gulf Coast News both put the Radio Tower Road fire at seventy acres and eighty per cent contained, up from sixty five per cent at 7.09 p.m. The two outlets do not agree on the smaller fire.
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Cape Coral
Neighbours on Southwest Third Terrace in Cape Coral say their street already floods after heavy rain, and they are asking what a proposed affordable housing development with a lake and two four storey buildings will do to it once the city finishes reviewing the plans
Residents of Southwest Third Terrace told Gulf Coast News a proposed affordable housing project could worsen the flooding they already get after rainstorms. Cape Coral says the land is privately owned, a developer filed plans on 19 June, and the plan is under review.
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Bonita Springs
The larger of the two brush fires near Bonita Beach Road in Bonita Springs is now seventy acres and sixty five per cent contained, and the Florida Forest Service has crews and dozers still working both of them
Gulf Coast News reports the Florida Forest Service had the larger fire at seventy acres and sixty five per cent contained as of 7.09 p.m. A second fire is four acres and nought per cent. Containment was fifteen per cent two hours ago.
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Fort Myers
Immigration agents made arrests and detentions across Lee County on Monday morning, drivers reported repeated stops along Interstate 75, and the agency says it will not discuss the operation
Gulf Coast News reports ICE conducted arrests and detentions across Lee County on Monday morning, with drivers describing multiple stops on I-75 between the Alico Road and Corkscrew Road exits. ICE said DHS does not discuss ongoing or future operations.
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Small Business
Three compounds sold in flavoured chewable tablets become Schedule I on Wednesday, and anyone holding stock who cannot get a registration has to surrender it
The temporary order covers mitragynine pseudoindoxyl, MGM-15 and MGM-16, and runs to 26 August 2028. Retail sale to the public ends on the effective date, and temporary scheduling orders carry no right of judicial review.
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Cape Coral
Cape Coral police say a man took an e-bike from outside a Del Prado Boulevard business, came back while officers were still there to claim the hundred dollar reward for finding it, and was arrested at his home
Gulf Coast News reports Cape Coral police accuse a 50-year-old man of stealing a $1,500 e-bike from the 4500 block of Del Prado Boulevard South on Saturday, then collecting a $100 reward for producing it. Surveillance video and a witness identification led to the arrest.
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Finance
Tyson borrowed $1bn on Monday at 5.100 and 5.600 percent, and spent it retiring $1.1966bn of debt that was paying 3.550, 4.350 and 5.400
Two filings landed 26 minutes apart. The new notes are $500m at 5.100 percent to 2031 and $500m at 5.600 percent to 2037. The tender hit its $1.2bn cap at the early deadline and prorated the 4.350s to 43.48 percent.
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Finance
More RE/MAX holders asked for cash than there was cash, so the ones who asked are getting $4.33 a share and stock for the rest
The mergers with The Real Brokerage became effective at 4:25 p.m. Eastern on Monday. Holders of 18,488,134 shares elected cash against roughly $80m available, and were prorated into a mix of cash and stock.
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Accounting
Hub Group has now missed three filings in a row, and the extension it has three days to ask for cannot run past a deadline that was already set for 14 September
Nasdaq told the logistics company on 20 August it is out of compliance for the late second-quarter report. Any further exception is capped at 180 days from the 2025 annual report due date, which is 14 September.
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Accounting
The auditor's letter Northann told investors it was still waiting for has arrived, and on the one point that mattered it says the opposite of what the company said
LAO Professionals says it withheld consent for lack of sufficient appropriate audit evidence, and that the company sent inaccessible links instead of documents. The same afternoon, NYSE American suspended the shares.
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Fort Myers
Breeze Airways is pausing its Fort Myers to Albany route for the whole of September, blaming fuel costs, and says the flights come back in October
Gulf Coast News reports Breeze will suspend RSW to Albany for September, citing high fuel costs, with the route returning in October and seats already on sale. It is one of several network cuts.
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Bonita Springs
There are now two brush fires near Bonita Beach Road in Bonita Springs, and the Florida Forest Service puts the larger one at sixty acres and fifteen per cent contained
Gulf Coast News reports the Florida Forest Service had one fire at sixty acres and fifteen per cent contained and a second at four acres and nought per cent, as of 5.20 p.m. Dozers are cutting lines.
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Naples
One person died in the trailer home fire on Hibiscus Lane in Naples, the Collier County Sheriff's Office has now confirmed, and investigators still have not said what started it
Gulf Coast News reports the Collier County Sheriff's Office has confirmed one person died in Sunday night's fire on Hibiscus Lane. The cause is still undetermined. This desk reported the fire earlier with no fatality on the record.
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Bonita Springs
A brush fire near Bonita Beach Road and Tower Road in Bonita Springs has grown from half an acre to an estimated five and is nought per cent contained, and the fire district is asking people to stay away from it
Gulf Coast News reports crews were called about 2.30 p.m. after a resident heard thunder and saw flames. The Florida Forest Service had the fire at an estimated five acres and nought per cent contained as of 3.54 p.m.
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Tax
The IRS has fixed the hour it switches off the system information returns are filed through, and it is three in the afternoon on 19 November
The IRS said on Monday that the Filing Information Returns Electronically system closes at 3 p.m. eastern on 19 November 2026. Tax year 2026 information returns must go through IRIS instead.
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World
Treasury has named five more sectors of the Iranian economy under an order that reaches any foreign person operating in them, and gold and digital assets are two of the five
A determination signed by the director of OFAC on Monday applies section 1(a)(i) of Executive Order 13902 to Iran's aviation, digital asset, gold, shipping and technology sectors. It took effect the same day.
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World
The licence that lets an American send money to a relative in Iran has been suspended, and the wind down runs out at one minute past midnight on 8 September
The Office of Foreign Assets Control suspended five Iran general licences indefinitely on Monday, including the authorisation for noncommercial personal remittances at 31 CFR 560.550. A wind down licence runs to 8 September.
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World
Syria has come off the State Sponsor of Terrorism list after forty six years, and the licence written around the group now running the country has been revoked as unnecessary
Secretary of State Marco Rubio rescinded Syria's designation as a State Sponsor of Terrorism on Monday and delisted Hayat Tahrir al-Sham as a Specially Designated Global Terrorist. The designation dated from December 1979.
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Technology
Treasury has set up a task force to move the financial system off encryption a quantum computer could break, and the order behind it sets no date for anyone outside government
Treasury announced a Quantum-Readiness Task Force on Monday, a public-private body running three workstreams. Executive Order 14412, which it follows, binds federal systems to 2030 and 2031 dates and names no private deadline.
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Immokalee
A week after Landin Ahrens was found dead beside State Road 29, Southwest Florida Crime Stoppers is offering a cash reward for information leading to an arrest and the Highway Patrol says it has nothing new on the car
The Naples Daily News reports that a reward of up to $3,000 is offered for information leading to an arrest, and that Lt. Greg Bueno of the Florida Highway Patrol said on Monday the agency has no update on the vehicle troopers are looking for.
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Accounting
A Florida diving equipment maker built its second quarter out of the wrong year's numbers, and the net income it reported was two and a half times what it earned
The board determined on 14 August that the June quarter in the Form 10-Q filed ten days earlier cannot be relied upon. Net income falls from $580,542 to $218,658 and an operating loss becomes a small profit.
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Lehigh Acres
The Lee County Sheriff's Office says deputies broke up two separate cockfighting operations over the weekend, one found by accident while crews worked a mobile home fire on Westwood Acres Road and the other in a Lehigh Acres backyard, and that 136 birds were removed and two men were arrested
Deputies say they found a fighting ring on Westwood Acres Road on Friday while clearing a burning mobile home, and a second setup in a Lehigh Acres backyard on Sunday. About 136 birds were removed. Two men face the same third degree felony charge.
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World
A wartime statute from 1917 was three weeks from lapsing against Cuba, and a one-page memorandum has carried it to September 2027
Presidential Determination 2026-21, signed 20 August and filed on Monday, continues certain Trading With the Enemy Act authorities with respect to Cuba for one year, to 14 September 2027.
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Technology
The Transportation Department has named the four places it has already thought about putting a spaceport, and asked the public why the ones it has licensed sit empty
A 60-day request for information names Shiloh in Florida, Camden in Georgia, Puerto Rico and converted launch rigs as candidate sites. Three federal ranges carry 83 percent of American launches today.
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Technology
The White House has set a target of more than 1,000 launches and reentries a year by 2030, and told federal agencies to put their payloads on American-built rockets
National Security Presidential Memorandum 17, signed 20 August and filed on Monday, revokes the 2013 space transportation directive and requires US Government payloads to fly on vehicles manufactured in the United States, with three exceptions.
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Economics
Customs officers may now board a vessel twice as far out to sea off four American coasts, and the authority doing it was written in 1935
CBP has declared Customs-Enforcement Areas off South Florida, the Texas Gulf Coast, central and southern California, and Puerto Rico, extending boarding authority from 12 to 24 nautical miles from the baseline.
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Fort Myers
The National Hurricane Center has raised the Bermuda area low to a 50 percent chance of forming and a second disturbance southeast of the Cabo Verde islands now carries the tracking number 96L, and neither of the two areas the outlook is carrying threatens Southwest Florida
The 2 p.m. outlook lifts the low east-southeast of Bermuda from 30 to 50 percent over seven days and gives the eastern Atlantic low 60 percent. Nothing is forecast toward Florida, and no watch, warning or advisory is in force in Lee or Collier.
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Naples
Collier County mailed its 2026 TRIM notices on August 17, which puts the deadline to challenge a property value at September 11, and the two county offices that publish that deadline do not state the same closing time
The Property Appraiser publishes a mailing date of August 17 and a deadline of 5 p.m. on September 11. The Clerk, who receives the petitions, publishes 5 p.m. in the office or 11.59 p.m. online.
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Fort Myers Beach
Fort Myers Beach town council voted unanimously on Monday morning to approve the final details of the Roar Offshore powerboat races and to waive the town's noise restrictions for the weekend, bringing the event back four years after Hurricane Ian put it on hold
WINK News reports the council approved the September 11 to 13 event and waived the noise ordinance. Organisers dropped an earlier request for open containers across the island and expect 16 to 18 racing teams.
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Finance
Martin Marietta has closed the Lhoist North America purchase and has now split the price: about $7bn in cash and 10,953,543 new shares, which hands the Belgian seller 15.4 percent and a board seat
The combination completed on Friday and was announced on Monday. LNA Holding takes 10,953,543 newly issued shares valued at $6.5bn, one board seat and an observer, under a lock-up running to 24 months.
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Fort Myers
Fort Myers police say a fire set outside an occupied home in the 100 block of Williams Street on Sunday night did significant damage to the exterior, and they arrested a 24-year-old man at the scene on a charge of first-degree arson
Fort Myers police say the Sunday night fire was set outside a home with people inside. Mario Cabrera, 24, was arrested at the scene and booked into the Lee County jail on a first-degree arson charge.
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Naples
A trailer home on Hibiscus Lane in Naples burned down late on Sunday night, and the Collier County Sheriff's Office says it does not yet know how the fire started or whether anyone was inside at the time
Gulf Coast News reports a fire destroyed a trailer home on Hibiscus Lane in Naples around 10 p.m. Sunday. Deputies say the cause is unknown and that they cannot yet say whether the home was occupied.
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Tax
The IRS estimates individual filers will spend 196 million fewer hours on their returns and $659m more in cash, and out-of-pocket costs are now the larger half of the burden
A paperwork notice filed on Monday puts the individual return burden at 1.95 billion hours and $95.476bn. Hours fall 9.1 percent against last year's notice while out-of-pocket spending on software and preparers rises.
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Finance
Seven federal agencies have jointly withdrawn the 2022 assurance that told lenders special purpose credit programmes were permissible, and the withdrawal takes effect the day it publishes
The FDIC, NCUA, OCC, CFPB, HUD, the Justice Department and the FHFA rescinded the February 2022 Interagency Statement on Special Purpose Credit Programs on Monday. The programmes themselves remain lawful under the statute.
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Fort Myers
A crash with injuries blocked the left lane of Interstate 75 southbound at the Alico Road overpass in Lee County for about forty minutes on Monday morning, and the Florida Highway Patrol has since marked the roadway open
The Florida Highway Patrol logged a crash with injuries on I-75 southbound near the Alico Road interchange at 8.43 on Monday morning. By 9.24 its own board carried the words ROADWAY IS OPEN, and by lunchtime the entry had gone.
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Small Business
Homeland Security wants $103,265 on every H-1B cap petition, and the figure is an $8.8bn interagency cost total divided by the statutory ceiling of 85,000
A proposed rule filed on Monday would add $103,265 to every H-1B cap-subject petition on top of all existing fees. DHS expects it to raise $8,777,525,000 a year, two thirds of it for agencies that do not adjudicate the petitions.
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Economics
Interior has added two logging categorical exclusions to its environmental procedures, 622 comment letters arrived on them, and neither text changed by a word
Both notices publish on Monday and take effect that day. One lets the Bureau of Land Management clear dead and dying trees without an environmental assessment, the other thin forests. Neither cap exceeds 5,000 acres.
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World
Korea's first Arctic container voyage sailed on Saturday, and the ministry's own numbers put the ship at 30 percent of capacity
The Ministry of Oceans and Fisheries put the 2,758 TEU PanStar Acro on the Northeast Passage on 22 August. It carries 737 TEU of cargo and 100 empty containers, 837 boxes in all.
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Finance
The Bank of Korea's American filing shows a gold position it did not have three months earlier, and every equity fund beside it was cut by about a fifth
The Bank of Korea's quarterly filing with the SEC shows a new $250.4m holding in the SPDR Gold Trust at 30 June. Its three equity funds were each cut by about a fifth.
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Finance
The SEC has asked a Fort Worth court to make a Texas oil company and eleven others answer subpoenas, two years after it issued the first batch, and says it has received 8,344 documents out of a universe their own lawyer calls hundreds of thousands
The Commission asked a Fort Worth court on Thursday to compel twelve respondents to answer subpoenas issued from April 2024. It says its investigation concerns about $42.7m raised from oil lease interests.
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Fort Myers
Lee County lifted the boil water notice on Dorchester Street in the Villas at 9.23 on Sunday morning, forty eight hours after the main broke, and left the Chandler Avenue notice a few streets away open
One of the two Villas boil water notices Lee County had left open since Friday was rescinded at 9.23 a.m. Sunday. The 8921 through 8949 Dorchester Street notice is lifted. The 2418 through 2457 Chandler Avenue notice is still in force.
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Finance
The SEC says a Trade Desk finance director saw the quarterly numbers before anyone else twice, and the time he bet the share price would fall he made sixteen times what he made betting it would rise
The Commission charged a former Trade Desk planning director on Thursday with trading ahead of two earnings releases. It puts the profits at $19,696.11 on shares and $318,362.45 on put options.
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Naples
A crash with injuries closed part of Interstate 75 southbound at mile marker 85 on Alligator Alley in Collier County shortly after midday on Sunday, and the state dispatch board no longer carried it forty minutes later
The Florida Highway Patrol logged a vehicle crash with injuries on I-75 southbound at mile marker 85 near Ochopee at 12.13 on Sunday, with a roadblock noted. Three readings of the dispatch board at 12.54 and 12.55 carried no Collier County entry at all.
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Fort Myers
A crash blocked the right lane of Interstate 75 southbound at mile marker 141 in Lee County late on Sunday morning, and the state dispatch board had dropped it by lunchtime
The Florida Highway Patrol logged a crash with a roadblock on I-75 southbound at mile marker 141 at 11.21 Sunday morning, later noting the right lane blocked. Three readings of the dispatch board at 12.55 carried no Lee County entry.
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Tax
A Newark tax preparer has been permanently barred from the business, and the order also requires her to post a copy of it to every customer she ever filed a return for
The District of New Jersey has permanently barred Roxanna Cedeno and RC Travel Agency from preparing federal returns. The order requires her to send a copy of it to every customer she filed for.
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Finance
The SEC has charged two former investment bankers over a 2021 share purchase, and its account of how the tip travelled runs through a basketball game and a calendar entry made at 12.12 in the morning
The Commission filed insider trading charges on Friday over South Jersey Industries' February 2022 sale. It alleges Gavin Wolfe bought more than 2.2 million shares for at least $53m and made about $18.5m.
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Economics
Semiconductors were 47.2 percent of everything South Korea shipped in the first twenty days of August, and passenger car exports fell 45 percent over the same days
The Korea Customs Service put exports for 1 to 20 August at $55.2bn, up 56.0 percent. Semiconductors were $26.0bn of that and 47.2 percent of the total, while passenger car exports fell 45.1 percent.
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Cape Coral
Cape Coral has given itself the power to fine unlicensed contractors up to 2,500 dollars a violation, and it is paying for the investigator who will find them with a five dollar charge on every building permit
Cape Coral City Council passed Ordinance 49-26 and Resolution 216-26 on Wednesday. The city can now fine unlicensed contractors through code enforcement, and a five dollar building permit fee funds a new licensing investigator.
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SW Florida
State Farm has started paying out a five billion dollar dividend to its auto customers, Florida notifications went out this week, and the average payment in this state is 173 dollars
State Farm Mutual began issuing a one-time five billion dollar cash-back dividend to auto customers. Florida notifications started this week and the statewide average payment is 173 dollars. Home policies are not included.
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World
An earthquake 70 kilometres under southern Ibaraki shook Tokyo's 23 wards, and the injury figure of 37 is two numbers from two different reporting channels added together
A magnitude 5.9 quake 70 kilometres under southern Ibaraki registered shindo 5-lower in Tokyo's 23 wards. Japan's fire agency reports 22 injuries from four prefectures and 15 more in Tokyo through a separate channel.
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Fort Myers
Two precautionary boil water notices covering a stretch of Dorchester Street and Chandler Avenue in the Villas area of Fort Myers have been open on Lee County's water map since Friday morning, and the county did not lift either one when it cleared three others on Saturday
Two main breaks in the Villas area, both logged Friday morning, are still unlifted on Lee County's water map: 8921 through 8949 Dorchester Street and 2418 through 2457 Chandler Avenue. The county lifted three other notices on Saturday and left these two open.
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Tax
Six governments want an oil windfall levy put on the Dublin agenda, and the letter asking for it has not been finalised
Euronews reports that the finance ministers of five EU states and Spain's economy minister have asked Ireland to put an EU-wide oil windfall levy on next month's Dublin agenda. Euronews also reports the letter is not final.
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Economics
Korea will put the tax the chip boom threw off into a fund, and rewrite a school funding formula that has not changed in half a century
South Korea will divert internal tax revenue above a ten year trend into a new Future Response Fund, and replace the school grant that has been fixed at 20.79 percent of internal taxes with a growth and demography formula.
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Economics
Tropical Storm Moke is forecast to stay south of Hawaii and to put up to 15 inches on the Big Island, and no tropical cyclone warning is in effect anywhere
The Central Pacific Hurricane Center forecasts 5 to 10 inches of rain on the Big Island from Tropical Storm Moke, locally 15, with the centre passing well to the south. No tropical cyclone watch or warning is in effect.
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Finance
Korean banks took in less interest in the first half, paid out a great deal less, and still reported 6.4 percent lower profit
The Financial Supervisory Service put first half net income at 13.8 trillion won across 20 domestic banks, down 6.4 percent. Net interest income rose 8.3 percent while gross interest revenue fell, and securities income swung 5.7 trillion won into loss.
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Economics
Canada has fixed the day its counter-tariffs start and not the goods they land on, and the day is the Tuesday after Labour Day
Mark Carney suspended trade talks with the United States on Friday evening. A readout of Saturday's First Ministers' Meeting says dollar for dollar counter-tariffs come into force the Tuesday after Labour Day, with the details to follow in the coming days.
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Fort Myers
A hit-and-run crash was blocking Alico Road southbound where it meets Corkscrew Road in eastern Lee County at two o'clock this morning, Gulf Coast News reported, and the state dispatch board carried no Lee County entry half an hour later
Gulf Coast News reported at 2 o'clock this morning that the Florida Highway Patrol is investigating a hit-and-run crash on Alico Road near Corkscrew Road, with southbound lanes blocked by emergency vehicles. The state dispatch board carried no Lee County entry at 2.28.
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Technology
Tesla filed two separate recall plans in China on Friday, and the one that travelled is not the bigger one
Tesla filed three recall numbers with China's market regulator on 21 August. The emergency door release recall covers 2,975,910 cars and starts on 25 September. A separate driver monitoring recall covers 2,740,642 and starts at once.
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Economics
Reclamation published two official 24-Month Studies this month instead of one, and by the end of next water year they stand fifteen feet apart at Lake Mead
Reclamation issued the August 2026 24-Month Study in two versions, one built on a 6 million acre-foot Lake Powell release and one on 7 million. They match to the foot until April 2027, then diverge by about fifteen feet at Lake Mead.
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Economics
Interior has fixed the Colorado River cut at 1.25 million acre-feet in each of the next two years, and the split the Lower Basin proposes puts 440,000 of it on California
The Interior Department signed the 2027-2028 Colorado River operating guidelines on 21 August. Deliveries to the Lower Basin fall by 1.25 million acre-feet a year, split 760,000 to Arizona, 440,000 to California and 50,000 to Nevada.
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Fort Myers
The pilot who put a Page Field aeroplane into the Atlantic off Boca Raton on Saturday has been named, and she has given her own account of a broken landing gear, a failed engine and a decision that a full fuel load made the water safer than the runway
Faith Tenkley, 23, told Gulf Coast News she was flying her family's aeroplane from Fort Myers to Bimini when trouble began fifteen miles west of Boca Raton. Her account describes a twin engine aircraft, where the first reports described a single engine Piper.
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Fort Myers
The National Hurricane Center is carrying three areas of interest in the Atlantic on Saturday night, and the closest one to the United States, the low east-southeast of Bermuda that Gulf Coast News identifies as Invest 95L, is given 30 percent over seven days and no direct threat to Florida
The 8 p.m. outlook gives the Bermuda-area low 20 percent over two days and 30 percent over seven, and a wave leaving west Africa Monday 40 percent. There are no tropical cyclones in the Atlantic, and nothing threatens Southwest Florida.
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Finance
Two more applications above $100m have reached the Export-Import Bank, one for satellites and one for industrial cable, and both notices describe production inside the United States
The Export-Import Bank filed notice on Friday of two applications for a long term loan or guarantee above $100m, one from Astranis Space Technologies and one from Tele-Fonika Cable Americas. Neither notice gives an amount.
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St. James City
The Florida Highway Patrol is carrying a crash with injuries and a complete roadblock on Stringfellow Road in St. James City, which is the one road running the length of Pine Island and has no parallel route beside it
The state dispatch board took a crash with injuries in the 8800 block of Stringfellow Road at 9.41 this evening and typed it a complete roadblock. Stringfellow is the spine of Pine Island, with no parallel route beside it.
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Accounting
The Education Department has priced the Federal Register at $453 a page, and two thirds of what its grants rewrite is worth is simply not paying it
A 68 page proposed rule would end the requirement that the Secretary publish grant application notices in the Federal Register. The Department puts the saving at $399,701 a year and the whole package at $586,064.
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Technology
An FCC rule reached the Federal Register's inspection desk this week and was pulled back before it could publish, and the text is not available to anyone
A Federal Communications Commission rule on data breach reporting appeared on public inspection on 20 August. An agency letter asking for it back arrived afterwards, and the file now holds one sentence.
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Lehigh Acres
The Florida Highway Patrol now records a unit on scene at the crash with injuries on 53rd Street West in Lehigh Acres, an hour and fifty two minutes after the call came in, and the state board still carries the traffic effect as an unknown roadblock
The state dispatch board took a crash with injuries in the 3500 block of 53rd Street West at 8.46 this evening, dispatched at 10.07 and now records a unit arrived at 10.38. The traffic effect is still an unknown roadblock.
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Naples
The Florida Highway Patrol carried a crash with a roadblock at Everglades Boulevard North and Randall Boulevard in Golden Gate Estates for about twenty minutes this evening, and the call has now come off the state's board
The state dispatch board carried a crash at Everglades Boulevard North and Randall Boulevard in Golden Gate Estates from 7.37 p.m., upgrading it to a roadblock at 7.45. The call came off the board by 7.58, which is not a published reopening.
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Fort Myers
A single engine plane that took off from Page Field in Fort Myers came down in the Atlantic off Boca Raton this morning, and the one person on board, the pilot, was pulled from the water without injury
The Boca Raton Airport Authority says a single engine plane that left Page Field in Fort Myers for the Bahamas declared an emergency en route and went into the Atlantic at about 10.25 this morning. The pilot, alone on board, was uninjured.
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Naples
The last of the three people charged in the 2023 Immokalee Road ambush that left a Collier couple shot in the head has been sentenced, and the State Attorney says the man who testified against the other two drew 13 years for accessory after the fact
The State Attorney for the Twentieth Judicial Circuit said on August 21 that Julian Wolf was adjudicated guilty of two counts of accessory after the fact and sentenced to 13 years in prison and 15 years of probation over the 2023 Immokalee Road shooting.
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North Fort Myers
The Lee County Sheriff's Office says the North Fort Myers grass fire has been contained and there is no risk to the public, and the potential evacuation notifications sent to five streets remain lifted
The Lee County Sheriff's Office says the grass fire near Bayshore Road in North Fort Myers has been contained and there is no risk to the public. WINK News, filing later from the scene, put it at 20 acres and 90 percent contained.
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Naples
Naples sold 14 percent more homes in July than a year ago while a fifth of the listings disappeared, and the supply cushion the market spent two years rebuilding has now been cut by a third
The Naples board's July report puts closed sales up 14.5 percent, inventory down 21 percent to 4,415 homes and months of supply down a third to 5.8. The overall median rose to 590,000 dollars, but house and condominium prices moved opposite ways.
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North Fort Myers
A grass fire is burning near Bayshore Road in North Fort Myers, and the Lee County Sheriff's Office has sent potential evacuation notifications to five streets, none of them mandatory
The Lee County Sheriff's Office says deputies are assisting fire crews at a grass fire near Bayshore Road, and that five streets have been sent potential evacuation notifications. The sheriff's office says the evacuations are not mandatory and asks people to avoid the area.
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Economics
The silicon metal duties are in force at up to 32.57 percent, and seven months of entries in the middle of the case will be liquidated without a cent of countervailing duty
Commerce issued antidumping and countervailing duty orders on silicon metal from Australia and Norway on 21 August. The four month statutory cap on provisional measures leaves entries from 24 January to 18 August free of countervailing duty.
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Marco Island
The Marco Island borrowing survived its recount by the same single vote that carried it on election night, and the county's second unofficial count now stands at 2,259 to 2,258
Collier County's second unofficial results, posted after Friday's recount, put the Marco Island bond question at 2,259 yes to 2,258 no on 4,517 ballots. Four more ballots were counted than on election night and the margin did not move. Certification is set for Wednesday.
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Finance
Monte dei Paschi has bid for two Italian banks at once, and the group it would build is its answer to the bank that bid for Monte dei Paschi
MPS launched simultaneous all share exchange offers for Banco BPM at about 25.31bn euro and Banca Generali at about 8.72bn euro, and put both to its own shareholders on 29 October under Article 104.
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Economics
The three day pause on the 50 percent Canadian duties ran out at one minute past midnight, and the proclamation that granted it is still the newest thing on the trade record
The suspension of the 50 percent Section 338 duties on certain Canadian goods expired at 12:01 a.m. eastern today by its own terms. The proclamation that granted it has now been numbered 11056.
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Fort Myers
The Florida Highway Patrol has carried a crash with injuries on Interstate 75 northbound near Fort Myers since 12.16 this afternoon, a unit was recorded on scene at 1.04, and the state has still not published whether any lane is blocked
The state dispatch board has carried a crash with injuries on Interstate 75 northbound at mile marker 126 in Lee County since 12.16 this afternoon. A unit was recorded on scene at 1.04, and the roadblock field still reads unknown.
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Economics
The Postal Service has finished its rule on ballot mail, made it effective the day it signed it, and said it will not use it in November unless a court lifts two injunctions
A final rule effective 21 August requires election officials to load voter names, addresses and barcodes into a new Postal Service portal before outbound federal ballot mail is accepted. Two injunctions hold it back.
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Finance
Gray Media has borrowed $750m at 7.5 percent to retire $675m it was paying 10.5 percent on, and it is leaving $350m of the expensive paper outstanding
The broadcaster closed $750m of 7.500 percent senior secured first lien notes due 2034 on Friday. Proceeds redeem $675m of 10.500 percent notes due 2029 and repay $21m drawn on the revolver.
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Finance
New Fortress Energy's chief financial officer gave four days of notice, and the filing that says so names no successor and no interim
Christopher S. Guinta told the company on 17 August that he would resign as chief financial officer effective 21 August. The company says it will start a search. The filing gives no reason.
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Finance
Home Depot has paid three executives $500,000 each in stock for taking on more work, and one of them is currently standing in as the company's principal executive officer
The compensation committee granted restricted stock worth $500,000 to each of three executive vice presidents on 20 August, for portfolio expansions the company announced on 30 July. It vests in 2028.
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Tax
The Federal Register has put a tax regulation back into the 2026 Code, and the regulation says on its own face that it stopped applying in 2019
A CFR Correction published Friday reinstates section 1.987-1T into Title 26 as revised on 1 April 2026, calling its absence an editorial error. The reinstated text expires on 6 December 2019.
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Lehigh Acres
A third person has been booked over the armed robbery on Ichabod Avenue in Lehigh Acres, and the Lee County jail record shows the three cases have not gone to the same court, because one of the three is sixteen and his file sits in juvenile court
Lee County jail records show a third booking over the Ichabod Avenue robbery: Willie Keshawn Bell, 22, joining Ivan Tyrek Prudent, 22. The third person booked on the same four counts is 16, and his case is listed in juvenile court. Nothing has been proved.
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Accounting
Boeing has named its next controller, and he does not take the job until after somebody else has signed the 2026 accounts
Boeing appointed Ryan L. Shedd as senior vice president and controller, effective the first business day after its 2026 annual report is filed. Michael J. Cleary holds the role until then and retires in 2027.
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Economics
Commerce has taken a Turkish company off the export blacklist eleven months after putting it on, and the rule doing it gives no reason
Two Bureau of Industry and Security final rules filed on Friday remove one Turkish entity from the Entity List outright and strip two Hong Kong addresses from a listed Chinese entry. Both take effect on filing.
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Finance
loanDepot has six months to get its share price back above a dollar, and the remedy it names cannot be voted on until June
The New York Stock Exchange told loanDepot on Friday that its Class A shares had averaged below $1.00 over 30 trading days. The cure period runs six months. A reverse split would need a shareholder vote.
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Accounting
Solesence says ten sets of accounts going back to 2023 can no longer be relied upon, and the cause is how it pushed labour and overhead into inventory
Solesence will restate three annual reports and seven quarterlies after concluding its inventory costing did not comply with ASC 330. Inventories were overstated and cost of revenue misstated. No dollar figure is given.
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Cape Coral
Cape Coral logged a third active boil water area on Friday afternoon, an 83 acre shape in the southeast that is the largest of the three now standing, and it went up hours after the city cleared three older notices
Cape Coral's own boil water map carries three active areas with no rescission date. The newest, at 4116 SE 19th Place, was logged at 3.10 p.m. Friday and covers about 83 acres. Three older notices were lifted early Friday.
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SW Florida
Unemployment rose again in both Lee and Collier in July, and in each county there are now fewer residents in work than there were a year ago
The state released its July county figures on Friday. Lee is at 5.2 percent and Collier at 5.0 percent, both above the statewide 4.6 percent. In each county fewer residents are in work than a year ago.
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Finance
Northrop Grumman's chief executive has a new equity award that pays nothing only if the shares fall by more than a quarter
The independent directors of Northrop Grumman granted Kathy Warden a one-time award of 35,910 target market stock units, paying 0 to 150 percent on absolute share price movement to 31 December 2031.
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Sanibel
Bridge deck repairs start Monday on Span B of the Sanibel Causeway, with a lane shift in the westbound direction from nine in the morning until four in the afternoon and the work running through Thursday
Lee County begins bridge deck repairs on Span B of the Sanibel Causeway on Monday, running through 27 August, weather permitting. A lane shift will be in place westbound between 9 a.m. and 4 p.m. while crews work.
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Tice
Royal Palm Park in Tice closes from Monday and stays shut into November, because the whole park becomes the staging ground for rebuilding the Caloosahatchee fishing pier that Hurricane Ian destroyed
Lee County closes Royal Palm Park in Tice from Monday, with work expected to finish in November. The park becomes a staging area while contractors rebuild the Caloosahatchee fishing pier destroyed by Hurricane Ian. FEMA and a state appropriation are paying.
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Finance
CoStar has paid $800m in cash for a homebuilding data business that turned over about $170m last year, and the whole of it is smaller than one quarter of CoStar's residential arm
CoStar Group closed its purchase of Zonda for $800m in cash. Zonda booked about $170m of revenue in 2025 at a 23 percent adjusted EBITDA margin, which puts the price at roughly 20 times that measure of earnings.
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Economics
Insteel is closing an Ohio wire plant and taking a $4.6m charge, and six times more of that charge is going on moving machinery than on the 65 people
Insteel Industries will close its Upper Sandusky, Ohio plant by the end of October and cut up to 65 positions. The $4.6m restructuring charge sets $2.5m against equipment relocation and $0.4m against employee separation.
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North Fort Myers
The state dispatch board carried a travel advisory on Interstate 75 southbound at mile marker 143 in North Fort Myers for about twenty minutes this afternoon, the right lane recorded blocked, and the row is now off the board
The Florida Highway Patrol dispatch board carried a travel advisory on Interstate 75 southbound at mile marker 143 in North Fort Myers, remarks reading RIGHT LANE BLOCKED, from 2.56 until it came off the board by 3.15. The state published no cause.
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Technology
A trade commission judge has recommended shutting ASUS and Plume Wi-Fi equipment out of the United States, and the commission now wants to know who would supply the market instead
The commission extended to 18 September the window for public interest submissions on a recommended exclusion order covering ASUStek, ASUS Computer International and Plume Design. The complainant is a Delaware limited liability company.
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Technology
LG Energy Solution wants ten companies shut out of the American market for rechargeable battery cells, and the domestic industry it is standing on is one it says is still being built
The trade commission instituted a section 337 investigation on 20 August on LG Energy Solution's complaint, naming ten respondents across EVE Energy, Robert Bosch, Koki Holdings and Chervon over five patents.
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Tax
The IRS will charge 7 percent on unpaid tax in the fourth quarter, which is what it has charged in seven of the last eight quarters
Revenue Ruling 2026-15 leaves the individual overpayment and underpayment rate at 7 percent for the quarter beginning 1 October. Large corporate underpayments stay at 9 percent. The whole table hangs on one figure rounded to the nearest whole point.
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Cape Coral
The State Attorney has put a date on the Cape Coral street race case: Anastasiya Zadorozhna will be sentenced on September 28, and the office has now told the story in its own voice
The State Attorney for the Twentieth Judicial Circuit said on August 21 that Anastasiya Zadorozhna, convicted of vehicular homicide in the 2024 Cape Coral street race that killed Alberto Almedo, will be sentenced on September 28.
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Naples
Collier County is waiving every adoption fee at its animal shelter from today through Sunday, and putting on a Clear the Shelters market on Saturday
Collier County Domestic Animal Services is waiving adoption fees Friday through Sunday for the national Clear the Shelters campaign, with its first community market on Saturday from 11 to 2 at 7610 Davis Boulevard in Naples.
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Tax
The IRS will now give you a signed statement of whether you are square with it, and an installment agreement does not read as compliant
The IRS launched a digitally authenticated Tax Compliance Report on Thursday. It returns one of three statuses, and a taxpayer paying off a balance under an installment agreement is not shown as compliant.
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Fort Myers Beach
Lee County put shovels in the ground on the Fort Myers Beach Pier this morning, and the figure the county attaches to the whole job is now 14.4 million dollars
The ceremony was held this morning in Crescent Beach Family Park, almost four years after Hurricane Ian took the pier. The replacement runs 1,000 feet by 12 feet, opens in summer 2027, and the county puts design and construction at 14.4 million dollars.
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Finance
BJ's raised its full-year earnings guidance and left its sales guidance alone, and the chief financial officer says the difference is gasoline
Comparable club sales rose 11.9 percent, or 3.1 percent excluding gasoline. Adjusted earnings per share guidance goes to $4.60 to $4.80 while the comparable sales range stays at 2.0 to 3.0 percent.
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Finance
Ubiquiti sold 23.5 percent more in its fourth quarter and its reported profit rose 6.8 percent, and the whole of that gap is a tax benefit from a year ago
Revenue reached a record $937.3m, up from $759.2m. GAAP net income rose to $284.9m from $266.7m, because last year's quarter carried an immediate $53.7m deferred tax asset. Non-GAAP net income rose 33.6 percent.
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Technology
The FCC has proposed shutting one American drone company out of importing and selling its own products, and the notice describes the reach of that ban two different ways
The Commission's public safety bureau proposes to bar continued importation and marketing of covered equipment produced by Anzu Robotics. The company's grantee codes were deferred on 3 August. Comments close 30 days after publication.
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Finance
Samsung Electronics puts the shareholder return still to come under its three year policy at 90 trillion to 110 trillion won, against 29.3 trillion paid in the first two years
Samsung Electronics told investors the residual under its 2024 to 2026 return policy is expected at about 90 trillion to 110 trillion won, and that it plans a cash dividend of around 30 trillion won in the third quarter.
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Technology
Kakao will spin its KakaoTalk platform business out into a newly listed company, and the part leaving carries thirteen times the revenue of the part that keeps the listing
Kakao's board approved a horizontal split creating KakaoAI Corp. out of the KakaoTalk platform business, leaving KakaoX Corp. listed with the investment operations. Shareholders vote on 17 December and the split takes effect on 1 January 2027.
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Cape Coral
Six Cape Coral licence plate reader cameras have been damaged in under a month, no one has been arrested, and the department has stopped giving interviews about it
Gulf Coast News, citing police reports it obtained, puts the running total of damaged Flock licence plate reader cameras in Cape Coral at six across three sites since July 30. Police say property crimes is investigating and will give no further interviews.
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Economics
Retail sales volumes in Great Britain fell 0.5 percent in July, and six and a half years on they are still below where they stood in February 2020
Retail sales volumes in Great Britain fell 0.5 percent in July against June, after a June rise the statistics office has cut to 0.7 percent from 1.0 percent. Volumes rose 1.1 percent over three months.
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Immokalee
A Thursday afternoon storm blew construction barrels off the State Road 82 widening job at Corkscrew Road, and many of them were still down overnight
Gulf Coast News reports that Thursday afternoon's storm blew dozens of traffic drums off the State Road 82 widening job near Corkscrew Road, leaving a gap between the live lanes and the work site. Many were still down overnight.
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Economics
The UK's borrowing estimate for the year to June has been cut by £2.7bn, which is the exact size of the overshoot reported a month ago
UK public sector net borrowing was £1.8bn in July 2026, £0.7bn more than a year earlier and £2.3bn above the official forecast. Borrowing in the financial year to June was revised down by £2.7bn.
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Economics
Commerce has found Indian paprika extract dumped at up to 5.78 percent, and the column of zeroes beside those margins is not the rate importers will post
The final determination puts weighted average dumping margins at 5.78 percent for Synthite and 4.24 percent for Mane Kancor, with 5.08 percent for all others. The adjusted deposit column reads zero and is not being applied.
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Personal Finance
The Labor Department has spent almost six years clearing a Puerto Rico 401(k) plan's sale of stock rights that raised $6,550.33 for its members
Prohibited transaction exemption 2026-07 is in effect from 10 to 16 September 2020. It covers the Liberty Puerto Rico 401(k) Savings Plan holding and selling rights to buy Liberty Latin America shares.
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Tax
Louisiana's child and family services department is leaving the arrangement that hands it a benefit applicant's income records from IRS files
A modified matching notice filed on 20 August re-establishes the IRS disclosure programme with the Louisiana Department of Health on amended terms. The Department of Children and Families will no longer take part.
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Finance
HUD has set the FHA debenture rate for the first half of 2026 at the statutory ceiling, and the first half of 2026 ended seven weeks ago
The notice sets 4.75 percent on debentures issued against loans committed or endorsed between 1 January and 30 June 2026, and 4 percent under section 221(g)(4). It went on public inspection on 20 August.
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Bonita Springs
Wrong-way detection is now live at the I-75 interchanges with Bonita Beach Road and Alico Road in Lee County
WINK News reports the Florida Department of Transportation has switched on wrong-way driver detection at two I-75 interchanges in Lee County, at Bonita Beach Road and Alico Road. The equipment went in under a 22.9 million dollar resurfacing contract the department now marks complete.
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Finance
A British bank with $604.6bn of assets has been cleared to open an office in Stamford that may not lend a dollar, take a deposit, or do any banking at all
The Federal Reserve approved National Westminster Bank's application for a representative office in Stamford, Connecticut, applying what the order itself calls a lesser supervision standard than a branch would have to meet.
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World
Ten Ecuadorean fishing boats have been blocked as trafficking property, and Treasury says the work most of them did was refuelling, feeding and watching for the coastguard
OFAC designated 15 Ecuador-based targets on Thursday and blocked 10 fishing vessels working out of Manta, which it says resupplied the go-fast boats running cocaine north, using government-subsidised fuel.
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Finance
A federal jury has convicted an erosion control company, its vice president and one of its employees over a five-year agreement to hold up the price of grass
The Justice Department says a jury in Oklahoma City convicted Sioux Erosion Control, its vice president and an employee of fixing prices and rigging bids on more than $100m of publicly funded Oklahoma road work.
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Finance
One swap venue told the regulator its order book has never carried a single trade, and the regulator now proposes to stop requiring one
The CFTC proposed on Thursday to let swap execution facilities drop the order book for permitted transactions, and quoted one venue whose book has taken no order and no trade since before 2013.
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Finance
Mavis has bought Pep Boys from Icahn Enterprises for about $700m, and Icahn kept the property
The two companies said on 20 August that the sale of Pep Boys to Mavis Tire Express Services has closed for approximately $700m in cash. Icahn Enterprises retained the real estate, AAMCO and Precision Tune.
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Economics
Japan rebased its consumer price index to 2025, and on the new base July inflation came in at 1.9 percent
The Statistics Bureau published the July national index on 21 August, the first monthly report on the 2025 base. The all items index was 102.0, up 1.9 percent on the year against 1.6 percent in June.
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Finance
Charter closed the Cox and Liberty Broadband transactions, and Cox Enterprises holds its 26 percent through units and a single share
Charter Communications completed both transactions effective 19 August. Cox Enterprises received about $4bn in cash, $6bn of convertible preferred units and roughly 26 percent of the combined company on a fully diluted basis.
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Lee County
Lee County now holds more cyclosporiasis cases than every Florida county except Miami-Dade, and the clinics closest to the uninsured say the test that would confirm it costs more than they can put in front of a patient
Florida's Thursday update puts the state at 460 cases from January 1 through August 15, with Lee at 41 and Collier at seven. Lee has passed Broward and Bay to stand second in the state. The weekly pace is slowing for a third straight week.
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Finance
Boston Beer's interim finance chief is promised $700,000 if somebody else gets the job, and less than that if he gets it himself
Chief financial officer Diego Reynoso is stepping down, and the chief accounting officer taking over on an interim basis gets no rise in salary, bonus target or equity target, and a separate cash bonus of up to $700,000.
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Economics
Immigration court filing fees are indexed to inflation, and the statute rounds the adjustment down, so every one of them rises by less than inflation
A final rule effective 1 October lifts the appeal fee from $920 to $950 and the cancellation of removal fee from $1,540 to $1,590, using a July inflation reading of 3.4 percent that the statute rounds down.
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Cape Coral
A Lee County jury has convicted the second driver in the 2024 Cape Coral street race that killed Alberto Almedo, one day after the other driver pleaded no contest and was sent to jail
The News-Press reports a Lee County jury on August 19 convicted Anastasiya Zadorozhna, 29, of Cape Coral, of vehicular homicide in the July 19, 2024 death of Alberto Almedo, 52, rejecting a defence that an underlying health condition made her floor the pedal.
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Finance
Ross Stores put a figure on its tariff refunds, and the figure is two thirds of the margin gain it just reported
Second quarter operating profit of $1.1bn included about $253m of refunded tariffs, which the company says supplied 405 of the 610 basis points of margin improvement, and earnings per share of $2.66.
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Cape Coral
Two days after Cape Coral's mayor lost his primary he has missed a second public commitment, and it was left to two of his council colleagues to say on the record that he is on vacation
John Gunter, off the November ballot since Tuesday, missed a Thursday event in southwest Cape Coral after missing Wednesday's council meeting. Councilmembers Joe Kilraine and Laurie Lehmann told Gulf Coast News he is taking a break and that they do not know when he returns.
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Finance
Hovnanian fell short of its own guidance for the first time in more than five years, and swung to a quarterly loss
The homebuilder reported a net loss of $4.5m for the quarter ended 31 July, against net income of $13.9m a year earlier. The dollar value of its backlog rose 5.1 percent.
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World
Hizballah's own sanctions entry has changed, and the two tags added to it say Treasury now treats the group as directed by the Qods Force
OFAC designated ten people it says carried cash for Hizballah on commercial flights between Lebanon, Turkey, the Emirates and Iran, and re-designated Hizballah itself as controlled by the Qods Force.
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Finance
OFAC has extended the Lukoil divestment window for the ninth time, two days before it was due to lapse
General License 131I, signed at 8.38 a.m. Eastern on Thursday, runs the negotiating window for a sale of Lukoil International GmbH to 19 September. The licence it replaces was due to lapse on Saturday.
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Cape Coral
Four months after turning the Cape Coral Rowing Club down over safety and neighbour objections, the city council has reversed itself and cleared the club to train at Tropicana Park in time for an October season
Council approved the club's request at its Wednesday night meeting, undoing an April denial that cited safety concerns, resident opposition and a push to send the club to Crystal Lake Park instead. Club president Saundra Weston says she did not see it coming.
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SW Florida
Lee County Sheriff Carmine Marceno says a narcotics investigation his office is calling Operation White Tide has ended in more than 100 arrests, with 1,780 grams of fentanyl, 51 firearms and $121,000 in cash seized
Marceno announced the results at a news conference on Thursday morning, streamed live by his own office. The seizure list runs to 1,780 grams of fentanyl, 4 kilograms of cocaine, 45 pounds of marijuana, 51 firearms and $121,000. Everyone arrested is accused and nothing more.
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Economics
Winter strawberries from Mexico are being sold below fair value, Commerce says, and the exporter with the highest rate is the one that asked for the deposits to run longer
Commerce set preliminary dumping margins of 5.28 percent on Driscoll's Operaciones, 3.37 percent on Mainland Farms and 4.83 percent for all others. Cash deposits start on the date of publication.
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Finance
The Federal Reserve has lifted the order it placed on Deutsche Bank's currency desk in 2017, and the conduct behind it goes back to 2008
The Board of Governors terminated its April 2017 cease and desist order against Deutsche Bank on 13 August and announced it on Thursday. That order carried a $136.95m penalty.
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Finance
Two banks are retiring a billion dollars of preferred stock apiece, and each has picked the exact day its coupon would have stopped being fixed
Capital One will redeem $1bn of Series M preferred on 1 September and BNY $1bn of Series F on 20 September. Both dates are the day each security's fixed rate ends.
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Fort Myers
A North Fort Myers man who was already a federal felon for selling ricin and abrin on the dark web has been sentenced to 24 years for the pipe bomb Fort Myers officers found coming out of his pocket at a 911 hang-up call
The U.S. Attorney's Office announced Thursday that Jesse William Korff, 32, drew 24 years from Judge Sheri Polster Chappell for firearms, silencer and explosives offenses committed while on federal supervised release.
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Finance
The derivatives regulator proposes doubling the small pool exemption to $800,000, and prints the inflation figure that would have got it to $735,097
The CFTC proposed on Thursday to lift the registration exemption for small commodity pools from $400,000 to $800,000, its first change since 2003, and to restore the paragraph it removed in 2012.
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Small Business
The affirmative action rules for federal contractors are removed and reserved on 26 October, and the selection guidelines they carried survive at a second citation
The Labor Department finalised the rescission of its Executive Order 11246 regulations on Thursday, effective 26 October. It puts the annual saving at $996.37m across roughly 111,832 contractor entities.
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Tax
Treasury has withdrawn the claim that an ESG index is sector specific, and then excluded ESG funds from Trump accounts under a different power
Treasury and the IRS proposed rules on Thursday setting what a Trump account may hold while the beneficiary is a minor. Actively managed funds are out. So are funds tracking an ESG index.
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Economics
Philadelphia Fed manufacturers put their six month outlook at its highest reading since August 1983, and their current order book went the other way
The future general activity index rose 39 points to 73.6, its highest since August 1983, and future capital expenditures reached a 53 year high at 48.2. The current new orders index fell 7 points to 30.1.
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Economics
Initial claims fell 6,000 to 206,000, and the fall only reaches 6,000 because the week before it was revised up by 3,000
Seasonally adjusted initial claims were 206,000 in the week to 15 August, down 6,000 from a previous week revised up to 212,000 from 209,000. The four week average rose 4,250 to 204,000.
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Technology
The trade commission says Congress never gave it the power to ban personalised pricing, and then writes down seven versions of it that would draw an enforcement action
The Commission says it cannot prohibit the practice outright and would treat it as deceptive where the price is personalised and the disclosure is not. Seven illustrations are named. The vote was 2 to 0.
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Finance
Allstate counted 23 catastrophes in July and says two of them carried about three quarters of the $682m bill
Estimated catastrophe losses for July came to $682m, or $539m after tax, across 23 events. About 75 percent of the total is attributed to two wind and hail events. June was $563m.
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Finance
Nine tenths of the EIDP bondholders took the swap by the early deadline, and the tenth that did not will be left holding notes with the covenants voted off them
Holders of $1.425bn of the $1.6bn outstanding tendered by the early deadline, 89.06 percent of the three series, and those tenders carried the consents needed to strip the covenants. The expiration date moved to 29 September.
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Finance
Walmart's operating income rose 28.8 percent, its net income fell 9.4 percent, and the tariff refunds inside the first number are never quantified
Operating income rose to $9.383bn from $7.286bn, helped by tariff refunds the company does not size anywhere in the release. Net income attributable to Walmart fell to $6.366bn on a $1.2bn investment loss.
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Lehigh Acres
A pedestrian was taken to hospital after being hit by a car at Sunshine Boulevard North and Ida Avenue North in Lehigh Acres just before midnight on Wednesday, and Sunshine Boulevard, blocked at the time, has since reopened
Gulf Coast News reports Lee County deputies were sent to Sunshine Boulevard North at Ida Avenue North at 11.35 p.m. Wednesday and found a pedestrian hit by a car. The pedestrian was taken to hospital and the road has reopened.
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Cape Coral
A 130 unit assisted living and memory care community in Cape Coral has changed hands for 10.45 million dollars in an all cash deal, and the seller was a lender that was getting out of senior housing
National Healthcare Properties, a New York real estate investment trust, bought the Atrium at Liberty Park on Northeast 24th Avenue, the Business Observer reports, citing Lee County property records. The seller was American Lending Center.
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Finance
The man who ran Webster Bank now runs Santander Bank, and Webster Bank itself no longer exists as a legal entity
Banco Santander closed its purchase of Webster Financial on Thursday, paying 2.0548 Santander depositary shares plus $48.75 in cash for each Webster share. The combined US bank shows about $327bn of pro forma assets.
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SW Florida
Neal Communities has paid 34.1 million dollars for 788 acres in Alva, a rural stretch of eastern Lee County where the land already carries entitlements for as many as 1,099 homes
The Lakewood Ranch developer closed on 788 acres in Alva in two back to back deeds, according to Gulfshore Business, ending a deal four years in the making on land zoned for up to 1,099 homes.
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Economics
Construction output in the euro area fell 1.3 percent in June, and the whole of the annual decline sits in one of its three parts
Seasonally adjusted production in construction fell 1.3 percent in the euro area and 1.0 percent in the EU in June against May. Measured against June 2025 the euro area is down 0.7 percent.
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Finance
Deere earned $1.379bn in the quarter, and the division that builds its biggest tractors was the one that shrank
Net income rose 7 percent to $1.379bn on sales and revenues up 5 percent, and the full-year forecast improved to between $4.75bn and $5.00bn. Production and Precision Agriculture sales fell 6 percent.
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Economics
Two Indian makers of the same stainless steel flange come out of the same review at 0.60 percent and 50.72 percent, and the larger number was not calculated from that company's own sales
Commerce set Chandan Steel at a 0.60 percent dumping margin and the collapsed BFN and Viraj group at 50.72 percent on adverse facts available, for imports made between October 2023 and September 2024.
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Finance
Wells Fargo has sold the whole of a new perpetual preferred series at 6.55 percent, and the rate stops being 6.55 percent in September 2031
Wells Fargo sold 1,750,000 depositary shares on 19 August covering all 70,000 authorised shares of a new 6.55 percent fixed rate reset perpetual preferred, a liquidation preference of $1.75bn.
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Accounting
The new director on AMD's board is a certified public accountant who ran PwC's American firm for eight years, and the audit committee changed hands on the same day
Tim Ryan, chair and senior partner of PwC in the United States from 2016 to 2024 and now head of technology at Citi, joined AMD's board on 19 August, and KC McClure takes the audit and finance committee chair.
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Cape Coral
Two years after a 52-year-old man was killed on Northeast Pine Island Road, one of the two drivers Cape Coral police say were racing at 125 mph has pleaded no contest and been sentenced to a year in the Lee County jail
The News-Press reports Chase Magruder, 23, entered an open no contest plea to vehicular homicide on August 18, and Lee Circuit Judge Robert Branning gave him a year in jail, two years of community control and three years of probation.
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Technology
Wolfspeed took in $149.6m last quarter and spent $186.4m making what it sold, and it has told investors to expect another quarter below cost
Fourth quarter revenue of $149.6m came against $186.4m of cost of revenue, a GAAP gross margin of minus 25 percent, and guidance putting non-GAAP gross margin below zero again in the current quarter.
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Fort Myers
A state administrative judge has recommended that Lee County end a middle school teacher's suspension over a Facebook post and pay her the wages she lost, and the school board is the body that decides whether to follow him
An administrative law judge has recommended that the Lee County School Board end the suspension of Three Oaks Middle School teacher Mariah Roller and award back pay. The recommendation is not binding, and the board issues the final order.
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Marco Island
Collier County has posted the schedule for the Marco Island bond recount, and it runs the machine count at half past one on Friday afternoon with a manual recount of the disputed ballots pencilled in for three hours later
Collier County has given public notice that its canvassing board is anticipated to order a recount of the Marco Island bond referendum on Friday, August 21. A one vote margin puts both a machine recount and a manual recount on the schedule.
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Technology
A complaint filed against Apple, Samsung and Google asks the trade commission to keep their devices out of the country, and the public gets eight days to say what that would do
BoomCloud 360 Inc. filed a section 337 complaint on 14 August naming Apple, two Samsung entities and Google. Public interest comments are due eight calendar days after the notice published on 20 August.
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Economics
Commerce cannot tell from the petitions whether enough of the hydraulic cylinder industry is behind them, so it is going to ask the industry
Antidumping and countervailing petitions on linear hydraulic cylinders from five countries were filed on 29 July. Commerce has extended its initiation deadline by 20 days, to 8 September, so that it can poll the domestic industry.
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Finance
The licences to finish taking apart Three Mile Island Unit 2 and Kewaunee now sit under a new ultimate parent, and the regulator approved that on the applicants' own representations
The Nuclear Regulatory Commission issued an order on 12 August approving the indirect transfer of control of six EnergySolutions licences, including Three Mile Island Unit 2 and Kewaunee, to ECP VI, LLC and Bridgepoint Group, PLC.
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Technology
The trade commission is asking the public what a ban on Dell and Lenovo computers would do, without saying whether there will be one
An administrative law judge issued an initial determination on violation in Investigation No. 337-TA-1429 on 14 August. The Commission is taking comment until 15 September on a recommended exclusion order covering Dell and Lenovo devices.
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Naples
Both Southwest Florida forecast offices wrote a fresh heat advisory overnight for a third straight day, and for the first time in this run the top of the range came down at each of them and Collier lost an hour off the back of the window
Lee is written at a heat index of up to 109 and Collier at up to 110, both down from 112 yesterday. Lee holds 11 a.m. to 7 p.m. Collier now ends at 6 p.m., the first split in the hours.
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Finance
Canada's Competition Bureau moved to block a vegetable deal whose buyer already makes most of what it would be buying
The Competition Bureau asked the Competition Tribunal on 19 August to block Nortera Foods' purchase of B&G Foods Canada's Green Giant and Le Sieur businesses, ten months after the agreement, and to stop the parties closing meanwhile.
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Economics
Australian employment fell 15,800 in July on a survey that ran one rotation group short, and the bureau prints the table showing who left and who joined
Seasonally adjusted employment fell 15,800 to 14,807,200 and unemployment was 4.5 percent. The survey ran on seven rotation groups rather than eight, and the group that left recorded 4.1 percent unemployment against 4.6 for the group that joined.
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Economics
The 50 percent duties on Canadian goods were suspended for three days, and the document that did it records a commitment rather than an agreement
A proclamation signed 18 August moves the effective date of the 50 percent duties in Proclamations 11046, 11047 and 11048 from 19 August to 12:01 a.m. eastern time on 22 August.
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Economics
The duties on the engines bolted under American riding mowers will run another five years, and the notice continuing them is mostly an argument about what counts as an engine
Commerce continued the antidumping and countervailing duty orders on large vertical shaft engines from China after the first five-year review. Customs keeps collecting cash deposits at the rates in force at entry.
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Finance
SK hynix will buy 24.07 million of its own shares and destroy them, and the daily purchase limit the board set for itself is well above what the liquidity test alone would have allowed
SK hynix approved the acquisition and cancellation of 24.07 million common shares, about 3.3 percent of those issued, at an estimated 40.0 trillion won. Open-market buying runs from 20 August to 19 November.
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Ave Maria
The youngest daughter of Ave Maria University's dean of students died after she was pulled from the pond behind her family's home, and the town is burying her on Saturday
The Naples Daily News, reading the sheriff's report, gives the call as about 3.25 p.m. on Sunday, August 16, for a 1-year-old drowned in the pond behind her home. Ave Maria University announced her death Wednesday. The funeral is Saturday.
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Immokalee
The man found dead beside State Road 29 in Immokalee has been named as Landin Ahrens, 19, and the Highway Patrol now believes he was struck on Friday night, close to three days before a passing driver spotted his bicycle
Gulf Coast News reports the Florida Highway Patrol has identified him and now puts the crash at about 10 or 11 p.m. Friday, close to three days before a passing driver spotted the bicycle.
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SW Florida
Lee County deputies approved 686 citations in the first week of school for drivers passing stopped buses, and Florida law sends that penalty money back to the school district, which says it is spending it on new routing software
The sheriff's office reviewed 737 stop arm camera cases in week one and approved 686. State law remits the civil penalty to the school district and limits what it may be spent on. The district says routing software arrives around November.
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Sanibel
Sanibel's police licence plate cameras keep a year of vehicle records, fifty two times the default Flock now recommends, and the city manager has told council the 2022 contract still says the company owns the data
Sanibel runs three Flock cameras and holds the data for a year, against the seven day default Flock now recommends. The city manager says the 2022 contract gives Flock ownership of the data and an updated agreement has been requested.
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Technology
The derivatives regulator has asked whether an hour of rented computing power can be a commodity, and whether an exchange may settle a contract to a price the regulator cannot see
The CFTC opened a request for comment on listing compute derivatives. It says compute may not yet be fungible, standardised or liquid enough, and that most of the economic value sits in undisclosed bilateral deals.
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Economics
Japan's exports rose 23.2 percent in July and the quantity behind them rose 5.2, and the one destination where the volume genuinely moved is the United States
Exports rose 23.2 percent in value on a quantum index up 5.2 percent. Imports rose 27.8 percent on quantum up 1.2 percent. Shipments to America are the exception, with quantum up 20.4 percent.
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Cape Coral
The mayor of the largest city in Lee County did not merely lose his primary, he finished third in it on 14.93 percent, and the two people who will contest the job in November between them took more than half the vote in a field of six
John Gunter, the mayor of Cape Coral since 2021, finished third in Tuesday's primary with 14.93 percent and is off the November ballot. Rick Erickson and Lisa Cohen-Adkinson advance to the general election.
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Naples
The hit and run crash the Florida Highway Patrol had open on Interstate 75 northbound at mile marker 66 in Collier County has come off the state dispatch board, and the patrol filled in neither an arrival nor a clearance time and never said whether anything on the road had been blocked
The hit and run row logged at 7.14 p.m. on Interstate 75 northbound at mile marker 66 was gone from the state board on three readings at 9.06 p.m. Its arrival and clearance columns were never filled in.
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Bonita Springs
Bonita Springs voters authorised up to thirty five million dollars of borrowing against their own property tax base for the rail trail, and the people assembling the sixty million dollar corridor purchase now say the last piece of the money is in place and they intend to close in October
Bonita Springs voters approved up to 35 million dollars of general obligation bonds for the Bonita Estero Rail Trail, 8,968 to 4,175 on the Lee County board. Backers now aim to close on the corridor in October.
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Finance
A miner on a rolling stairway at a North Dakota lignite mine produced an SEC filing five days later, and the company says it may contest the order
NACCO disclosed that MSHA issued its Coteau Properties subsidiary an imminent danger order at the Freedom Mine in Beulah, North Dakota, on 14 August. Nobody was hurt, and the company reserves its right to contest.
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Technology
Unity has put 880,000 units behind three share prices for its chief executive, and none of them pays anything unless the stock holds $50 for a month
Unity granted chief executive Matthew Bromberg 880,000 price-vesting restricted stock units on 17 August. They vest only if the stock averages $50, $60 or $75 for 30 consecutive days inside a five year window.
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Small Business
Three South Atlantic species shut to commercial fishing on the same Monday, and the year's whole allowance for the three of them comes to 266,246 pounds
NMFS is closing the commercial sectors for red snapper, blueline tilefish and the scamp and yellowmouth grouper complex in South Atlantic federal waters from 24 August through 31 December, in three notices filed within the same minute.
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Tax
The IRS has stopped sending its standard settlement letters in easement cases, and the deadlines on the offers already out have been withdrawn
The IRS ended its uniform conservation easement settlement initiative on Wednesday, withdrew the response deadlines on offers already issued, and set up an Office of Conservation Easements to run the cases from one place.
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SW Florida
Florida lost the director of its emergency management division with a hundred and three days of hurricane season still to run, and the man the governor named to replace him is keeping his job as transportation secretary at the same time
Kevin Guthrie left the Florida Division of Emergency Management on Tuesday after joining Jay Collins's campaign for governor. Ron DeSantis named transportation secretary Jared Perdue to run both agencies at once.
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Technology
Commerce is piloting a single approval for activities in orbit that no rulebook clearly covers, and says outright that holding one will have no legal effect
The Office of Space Commerce is asking United States operators to volunteer missions for a pilot of its Space Commerce Certification. Expressions of interest close 45 days after publication, and a certificate granted in the pilot binds nobody.
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Economics
The Education Department has put a figure on what its accreditation overhaul will cost, and no figure at all on what it will be worth
The proposed rule rewrites the recognition standards for the agencies that gate more than $100bn a year in federal student aid. Its own accounting statement quantifies one cost line at $494.2m a year and leaves every benefit unquantified.
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World
The United States has opened public comment on an application to mine the deep seabed in international waters, and the window closes on 19 October
NOAA has found TMC USA's consolidated application for an exploration licence and a commercial recovery permit in the Clarion-Clipperton Zone fully compliant. Written comments close on 19 October and a virtual hearing is set for 13 October.
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Tax
A section 163(j) rule the IRS dated to 2026 last December is now described as a clarification that was always the law
Fact sheet FS-2026-14 supersedes December's questions and answers on the limitation on the deduction for business interest expense, reclassifies the interest capitalisation rule from a change to a clarification, and retires a September 2020 proposed regulation.
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Fort Myers
José Alberto Suárez, the president and general manager of Telemundo Fort Myers-Naples, was among those killed when a safari helicopter came down in northern Kenya on Wednesday morning, NBCUniversal leadership told staff
Kenya's Civil Aviation Authority says a helicopter with seven aboard crashed Wednesday in Samburu County. NBCUniversal leadership identified one of the dead as José Alberto Suárez, 55, who ran Telemundo Fort Myers-Naples, Telemundo 31 and Telemundo 49.
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Naples
Byron Donalds carried his own corner of Florida far harder than he carried the state, taking 65 percent of the Republican primary vote for governor across Collier and Lee on the counties' own boards, and vacating the congressional seat Southwest Florida voted to refill the same night
The Naples congressman won the Republican nomination for governor on Tuesday. On the two counties own result boards he took 30,877 votes in Collier and 54,106 in Lee, 65.25 percent of the 130,251 Republican ballots cast there, all precincts reporting.
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Tax
A pension benefit increase adopted after the year has closed can count for that year, and the test that limits it comes down to one word: twice
Proposed regulations under section 430 would let plan amendments adopted after a plan year closes count in that year's funding calculation, raising the sponsor's deductible limit. Comments close 60 days after publication.
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Economics
The Forest Service puts its own best case for scrapping the roadless rule at about $10m a year in timber revenue, and gives the public 30 days to answer
USDA proposes to rescind the 2001 rule that bars road building and timber harvesting across 58.5 million acres of national forest. Comments close 30 days after publication.
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Economics
The Fed's chairman has asked his colleagues whether the Committee should meet six times a year instead of eight
Kevin Warsh put a change to the meeting calendar itself to the Committee in July, suggesting six scheduled meetings a year, roughly every two months. No decision was made and the 2026 schedule stands.
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Economics
Many on the Fed judged that tightening will be needed if inflation does not fall, and the market has already priced a rise for September
Minutes of the July 28 to 29 meeting, released on Wednesday, record that many participants judged policy tightening would likely be necessary if inflation did not decline. Several favoured a quarter point rise at that meeting.
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Fort Myers
The Florida Highway Patrol has reclassified its Interstate 75 entry at the Colonial Boulevard interchange in Fort Myers from a crash with injuries to a disabled vehicle in the roadway, and the left lane is still logged as blocked
The state has replaced the entry type on this call, from a vehicle crash with injuries and a roadblock to a disabled vehicle in the roadway. Every stamp that identifies the call is unchanged, and the remarks still read that the left lane is blocked.
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Economics
States no longer have to use their own civil servants to run the public job service, and the Labor Department says it cannot put a number on what that saves
The Labor Department has removed the requirement that states staff Wagner-Peyser employment services with state merit employees. It received 456 comments, 303 of them from form letter campaigns, and produced no monetized estimate of savings.
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Tax
Refurbish a machine you once depreciated, sell it abroad, and Treasury says the profit no longer counts toward the export deduction
Proposed regulations define excluded property sales income for the foreign-derived deduction. Treasury and the IRS refused a remanufacturing exception and a depreciation recapture cap, and the rules reach back to sales after June 16, 2025.
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Ochopee
The state dispatch board now records the roadway clear at mile marker 82 in Collier County, where the Florida Highway Patrol had Interstate 75 northbound completely blocked for a vehicle fire through the middle of the day
The state dispatch board logged the vehicle fire at 11.51 a.m. and recorded a complete northbound roadblock through 12.18 p.m. On readings from 1.25 p.m. the same row's remarks read ROADWAY CLEAR, and the breaking flag on this item has been cleared on that basis.
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Fort Myers
Lee County is weighing a $713,000 state funding request to dredge a sandbar left in the Orange River by Hurricane Irma and realign an upstream ditch, work the county says would ease chronic flooding across an 80 square mile drainage area covering Lehigh Acres and Buckingham
Gulf Coast News reports Lee County is weighing a $713,000 state request, $500,000 for dredging and $213,000 for ditch realignment, to reduce Orange River flooding risk. Commissioners review the draft legislative agenda at a Wednesday afternoon workshop.
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Lehigh Acres
A garage fire on Scenic Street in Lehigh Acres was under control in about an hour on Wednesday morning, the garage is heavily damaged, the house behind it has heavy smoke damage, and nobody was hurt
Gulf Coast News reports the Lehigh Acres Fire Department was sent to a Scenic Street home shortly after 6.40 a.m. Wednesday, found the garage on fire, and had it under control before 7.50 a.m. Nobody was hurt.
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Small Business
Three colour additive petitions landed in the same morning's Federal Register, and two of them ask for 37 food categories between them
The FDA has filed petitions to widen gardenia blue to 20 food categories and safflower extract to 17, and a third to allow acetone as a solvent in making carrot oil.
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Naples
Southwest Florida gets a second straight day at a heat index of 112, and for the first time in this run the Lee County forecast office did not write a fresh advisory but simply let yesterday's keep going
Both offices hold an 11 a.m. to 7 p.m. window with a heat index of up to 112. Tampa Bay continued its Lee advisory rather than reissuing it. Miami wrote a new one for Collier.
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Technology
A Mountain View company wants transformers kept out of the country over trade secrets, and its complaint at the trade commission names no patent at all
Ayr Energy alleges that Zetwerk, KRYFS Power Components and Unimacts Global misappropriated trade secrets in transformers. The Commission instituted the investigation on 14 August and the complaint pleads no patent claim.
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Economics
Palisades operators may work outage hours for 60 days from the moment fuel goes in, and the regulator granted it after saying it could not see the public interest
The NRC has exempted Palisades from the days-off and 54-hour rules for Operations staff for up to 60 days from core reload, or until the plant reaches the grid. It is the fifth such exemption.
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Naples
State gaming enforcement and Collier deputies spent hours pulling gaming machines out of two North Naples businesses on Tuesday, and the agency that led the operation has released nothing about what it took or whether anyone will be charged
The Florida Gaming Control Commission led a raid on Winners and the Majestic Lounge, with the Collier County Sheriff's Office assisting. Machines went onto three trucks. No charges have been announced.
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Personal Finance
A 401(k) saver suing over her employer's fund switch does not have to find a matching fund to compare it with, the Eleventh Circuit has ruled
The Eleventh Circuit reversed summary judgment for Royal Caribbean in a suit over its retirement plan. An ERISA plaintiff need not produce an apples-to-apples comparator fund to show an investment was objectively imprudent.
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Finance
Seven trade associations asked the D.C. Circuit to undo the forever chemicals cleanup rule, and the court denied every petition
The D.C. Circuit upheld the 2024 rule designating PFOA and PFOS as hazardous substances under Superfund law. The Chamber of Commerce and six other associations lost on all three grounds, including the cost-benefit challenge.
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Naples
Collier County voters have approved the change that lets every voter inside the Greater Naples Fire Rescue District elect all five fire commissioners, 16,246 to 11,312, and the division seats that have split the ballot since the 2014 merger disappear with the November 2028 election
The Greater Naples Fire Rescue District referendum carried 16,246 to 11,312, or 59.0 percent, with all 36 participating precincts in. From the November 2028 election all five fire commissioners are elected district-wide instead of by the East Naples and Golden Gate divisions.
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Technology
The Pentagon has to give a company notice before branding it a Chinese military company, and the company that won that ruling is still on the list
The D.C. Circuit held that the Secretary of Defense violated due process by relisting the lidar maker Hesai without advance notice or a chance to respond. The court remanded without vacating, so the designation stands.
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Fort Myers
The Republican nomination for Southwest Florida's open congressional seat went to Jim Schwartzel by 6,426 votes across Lee and Collier, and on the Democratic side Victor Arias took his nomination while losing Collier County by 27 votes
With every participating precinct reporting in both counties, Jim Schwartzel took 26,140 votes, 29.14 percent of a ten candidate Republican field, ahead of Catalina Lauf on 19,714. Victor Arias won the Democratic nomination with 15,406 votes to Howard Sapp's 13,909.
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World
Japan's 25, 30 and 40 year bond yields all set records on Tuesday, and its one, two and three year yields fell on the same day
The Ministry of Finance published a 30-year yield of 4.096 percent and a 40-year yield of 4.103 percent for 18 August, the highest daily readings in either published series. Short maturities eased.
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Finance
The order blocking Henkel from buying Liquid Nails runs to two pages, and the findings that explain it stay sealed until at least September 11
A federal judge permanently enjoined Henkel from acquiring Liquid Nails, a $725m deal, after a bench trial in July. The reasoning sits in a sealed document the parties may propose redactions to by September 11.
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Marco Island
Marco Island's 23 million dollar bond question now stands at a single vote with every precinct in Collier County counted, and the fifteen ballots that closed the gap since the earlier count were every one of them mail ballots
Updated returns put the Marco Island bond referendum at 2,257 yes to 2,256 no on 4,513 ballots, a one vote margin. Collier County now reports all 67 precincts and all three vote types completely counted.
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Economics
USDA wants to delete its entire construction rulebook for rural home loans, and its reason is that local building codes already do the job
Rural Development has proposed removing 7 CFR part 1924 in full, ending federal construction, thermal performance and site planning standards for its housing programs. Its business programs keep federal standards, because USDA says comparable local ones do not exist there.
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Finance
The CFTC wants to give back a registration exemption it deleted in 2012, and to lift a small pool threshold to more than its own inflation figure
The CFTC proposed exempting SEC-registered advisers from commodity pool operator registration for pools sold to sophisticated investors. It also proposed raising the small pool threshold to $800,000, above the $735,097 its own inflation calculation produced.
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Marco Island
Marco Island's 23 million dollar bond question is separated by four votes with all three of its precincts counted, a margin far inside the half a percent that forces a recount under Florida law
Unofficial returns put Marco Island's general obligation bond referendum at 2,251 yes to 2,247 no, a four vote margin on 4,498 ballots. Bonita Springs approved its 35 million dollar rail trail bonds 68.28 percent to 31.72 percent with every precinct counted.
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Cape Coral
A water main break has closed the southbound lanes of Santa Barbara Boulevard at Southwest Eighth Street in Cape Coral, and the police department says repairs are underway with no estimate yet for when the road reopens
The Cape Coral Police Department says a water main break at Santa Barbara Boulevard and Southwest Eighth Street is closing the southbound lanes. Drivers are asked to take another route. Repairs are underway and no reopening time has been given.
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Accounting
The SEC is recruiting for a seat on the audit regulator's board, and the one hard requirement is never having been a certified public accountant
Chairman Paul Atkins opened the search for a PCAOB board member on Tuesday. The seat is closed to anyone who has ever been a CPA, the term ends on October 24, 2031, and applications close on September 8.
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Finance
More than $945m was still owed to bond investors when Tricolor failed, and the SEC says many of the loans behind those bonds had been pledged twice
The SEC has charged the former chief executive, finance chief and a senior finance director of Tricolor Holdings over $1.9bn of subprime auto securitisations. The complaint alleges collateral was double pledged.
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Finance
The SEC wants to let crypto issuers raise $75m a year without registering, and to let the security label fall away once the promised work is finished
The Commission proposed Regulation Crypto Assets on Tuesday. Two exemptions would cover offerings of $5m over four years and $75m a year, and a safe harbour would end the investment contract by certification.
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Cape Coral
State gaming regulators and Cape Coral police pulled 60 slot machines out of a Santa Barbara Boulevard storefront that was operating as a bingo hall, and the commission says calling a machine bingo does not make it legal
The Florida Gaming Control Commission says it seized 60 illegal slot machines with Cape Coral police at Uptown Bingo, 2708 Santa Barbara Boulevard, Suite 108, in an action it calls Operation Going Downtown. Its release names nobody and states no arrests or charges.
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Fort Myers
Two Moe's Southwest Grill restaurants in Lee and Collier are on the closing list in a Chapter 11 filed by the chain's largest franchisee, which has already shut 31 stores since 2021
Quality Fresca I, LLC filed for chapter 11 on August 4 in the Southern District of Florida. Its restructuring officer told the court the company is down to 38 restaurants, six of them in its Fort Myers and Naples group, with 603 employees.
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Finance
Rexford is selling 22 Southern California industrial buildings to EQT for $1.2bn, and says the portfolio yields 5.5 percent in 2027 because the rents on it are above market
Rexford Industrial has agreed to sell 22 industrial properties to an affiliate of EQT Real Estate for about $1.2bn in cash. The REIT puts the 2027 cash net operating income yield at 5.5 percent, reflecting rents it expects to roll down.
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Economics
A thermal camera is now the difference between a 25 percent tariff and a 100 percent one on the same small drone
A section 232 proclamation puts a 100 percent tariff on drones over 25 kilograms, docking stations and heavy drone parts from September 3. The same small drone pays 25 percent, or 100 percent if it carries a thermal imager.
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Economics
The last two countries in a five country silicon metal case are in, and every investigation that reached a vote went the way the two American producers asked
The International Trade Commission found an American industry materially injured by silicon metal from Australia and Norway. Angola and Laos went the same way in April. Thailand was dropped as negligible.
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World
Nigeria comes off the Coast Guard's port security list after twelve years, and the conditions being lifted reached any ship that had called there in its last five ports
Recent assessments found Nigeria maintaining effective antiterrorism measures in its ports, the Coast Guard says, so it is removing conditions of entry imposed in June 2014. Twenty-three countries remain on the advisory.
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Technology
A foreign trade zone has been drawn around the power plants Fermi is building in the Texas Panhandle, and the harder decision, on what may be made inside it, has not been taken
Subzone 252B at Panhandle, Texas was approved on Monday. The activity Fermi proposed inside it, a modular nuclear plant and a natural gas plant, sits on a separate docket whose comment period closed on 21 July.
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Finance
Olin and Huntsman say the shareholder suits over their merger have no merit, and eight days before the vote both companies published the banker numbers the suits asked for
Both chemical companies filed supplemental disclosures on the merger their shareholders vote on August 25. The additions include the net debt figures behind Lazard's discounted cash flow work and a statement that Lazard holds no stock in either.
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Finance
Curaleaf has taken its offer for Aurora Cannabis straight to Aurora's shareholders, and the two companies' own filings disagree about whether Aurora ever refused to talk
Curaleaf formally commenced a take-over bid for Aurora Cannabis on Tuesday at an implied US$4.00 a share. Its circular says Aurora repeatedly declined to engage. Aurora's own filing last week says its lead independent director wrote to Curaleaf's chief executive on July 24.
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Economics
An American buyer spent nearly three years fighting the duty on Russian fertilizer, won on the third round, and the rate importers actually pay does not move
Commerce has cut the countervailing duty rate on phosphate fertilizer from Russia's JSC Apatit to 22.86 percent from 28.50, after the Court of International Trade sustained its second remand. Cash deposits are unchanged.
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Small Business
Customs will start voiding importer numbers outright where the details on file are wrong, and the notice telling you it happened goes to the email address on the form it doubts
CBP is reviewing every importer of record record on file. Thirty days after publication it will void the number of any importer whose Form 5106 details are inaccurate or incomplete, which stops that importer entering goods.
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Economics
Foreign investors put $207.1bn into long-term American securities in June, and almost all of it went into stocks rather than government debt
Treasury's June capital flows show net foreign purchases of long-term US securities at $207.1bn. Equities took $181.4bn of that. Net buying of Treasury bonds and notes was $6.8bn, the weakest of the four months printed.
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Economics
Every approved US content figure for a Canadian or Mexican built car stops working on December 1, whatever expiry date is printed on it, and the paperwork to replace it is due September 30
Commerce has put automobile US content determinations on the same annual cycle as trucks and buses. Existing approvals lapse for cars imported on or after December 1, and replacement filings are due by September 30.
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Economics
Housing starts fell 12.4 percent in July while permits rose 5.0 percent, and the two series have now pointed in opposite directions two months running
Privately-owned starts ran at a 1,239,000 annual rate in July, down from a revised 1,415,000. Building permits went the other way, up 5.0 percent to 1,443,000, the reverse of the June pattern.
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Finance
The Justice Department will let CRH buy its Memphis asphalt rival, and the settlement makes the company report future Tennessee asphalt deals that are too small for federal review
CRH must sell two asphalt plants to complete a $133.9m purchase in Memphis. The judgment also requires notice of any Tennessee hot-mix acquisition above $5m in revenue, whatever the federal thresholds say.
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SW Florida
Lee County's 2026 TRIM notices are online and the Clerk has the deadline to challenge an assessed value at September 11, which is weeks before the tax bill arrives
The Property Appraiser says 2026 notices can now be viewed online. The Clerk lists September 11 as the deadline to file a timely petition on value, which is exactly 25 days after a mailing on August 17.
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Naples
Polls are open across Collier and Lee until seven tonight, and on the ballot in two of the region's cities is permission to borrow 58 million dollars against property taxes
Polls in Collier and Lee are open 7 a.m. to 7 p.m., in person at your assigned precinct only. Bonita Springs votes on up to 35 million dollars of general obligation bonds and Marco Island on 23 million, both repaid from property taxes.
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Fort Myers
Fort Myers has booked a September 21 hearing on the ordinance that confirms a 5 percent utility rate rise for 2027, rewrites the increases already scheduled through 2031 and adds an administrative fee
City Council voted to advertise Ordinance 4107 for a September 21 hearing. The agenda confirms a 5 percent rise for fiscal 2027, rewrites the increases scheduled through 2031 and introduces an administrative fee whose amount the item does not state.
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Naples
Deputies swept the inside, the outside and the perimeter of a Golden Gate school after a bomb threat was called in on Monday morning, found nothing, and sent students and staff back into the building
The Collier County Sheriff's Office says the report came in at 10.23 a.m. on Monday for Grace Community School at 5524 19th Court Southwest. Sweeps of the interior, exterior and perimeter came back negative, students and staff returned, and the investigation is open.
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Fort Myers
Both Southwest Florida forecast offices wrote new heat advisories overnight again, and this time each one carries a heat index of 112, the highest figure either office has attached to these counties this month
The Miami office issued at 12.28 a.m. and Tampa Bay at 12.52 a.m., both new products rather than extensions. Lee is written at a heat index of up to 112 and Collier at 105 to 112, on an 11 a.m. to 7 p.m. window.
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Economics
Five areas of Pacific seabed adding up to 67 million acres go to an oral auction in December, at a floor of $3m each and no rent at all for the first five years
The Bureau of Ocean Energy Management proposed five mineral lease areas around the Northern Mariana Islands covering 67,197,032 acres. Each carries a $3m minimum bonus bid, and the ascending oral auction is set for December 16.
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Economics
A stamp the rail regulator has used since 2011 was never in its rulebook, and the rule that finally puts it there also lets one kind of motion be approved before the objection window closes
The Surface Transportation Board codified its grant stamp at a new 49 CFR 1011.8 and widened it. A motion for protective order may now be approved before the 20 day reply period expires.
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Immokalee
A man on a bicycle was found dead on the shoulder of State Road 29 south of State Road 82, and the Highway Patrol is still looking for the vehicle that hit him
He was found on the grass shoulder at about 12.30 p.m. on Monday and pronounced dead there. The Highway Patrol says an unknown southbound vehicle struck him and left, and that it is believed to have headlight damage.
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Small Business
Treasury has designated a private company's dataset of state business registrations into the federal payment screen, and the comment period on it drew nothing
The United States legal entity dataset of OpenCorporates Limited is now inside the Do Not Pay Working System, effective immediately. The comment period on the proposal ran 15 days and produced nothing.
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Immokalee
State Road 82 is open again at Corkscrew Road, and the Highway Patrol has now said the man who died there was 75 and from Lehigh Acres
The state dispatch board that carried the closure all evening now reads that the roadway is clear. The Highway Patrol says the man who died was 75 and from Lehigh Acres, turning left from Corkscrew Road into the path of an eastbound dump truck.
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Accounting
KPMG had audited ResMed since 1994, signed two clean opinions on August 13, and was dismissed on August 13
The audit committee ran a competitive review and appointed PricewaterhouseCoopers for the year ending June 30, 2027. There were no disagreements and no reportable events, and both KPMG opinions were clean.
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Tax
Every criminal case brought under the internal revenue laws moves to a new Justice Department division on Monday, and the rule that moves them was never put out for comment
The National Fraud Enforcement Division takes criminal tax, trade fraud, health plan fraud and cases involving money owed to the United States. It is the second move of criminal tax work in eight months.
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Olga
The man killed on State Road 80 in east Lee County on Friday was 86 and from Fort Myers, and the Highway Patrol has now placed the crash west of Iozzi Court rather than at Old Olga Road
The Highway Patrol account reported by the News-Press gives an age, a hometown and a sequence: a Hyundai Accent turning left into the path of a Ford work van. It also places the crash west of where the state board finally logged it.
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Finance
Treasury has proposed to settle who counts as being in the United States for stablecoin purposes, and the test it chose is where a person is standing rather than where that person lives
The proposed rule implements section 3 of the GENIUS Act and puts a physical presence test at the centre of it. Comments close 60 days after publication, which is set for Tuesday.
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Immokalee
State Road 82 is closed in both directions at Corkscrew Road tonight, on a crash the state has typed as a fatality and has held open since half past six this evening
The state dispatch board has carried the call since 6.29 this evening and still reads that both directions of State Road 82 are closed at County Road 850. Gulf Coast News reports one person died after a dump truck and a sedan collided.
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Estero
A box truck burned out on Interstate 75 northbound near Estero on Monday afternoon, taking the left lane out for about half an hour in the middle of a heat advisory
The state logged the call at 12.45, a left lane blocked for emergency responders, and the block clear by 1.21. Estero Fire Rescue, Bonita Springs Fire and Lee County EMS responded. No injuries reported, and the cause is under investigation.
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Fort Myers Beach
Work has started on the Fort Myers Beach Pier almost four years after Hurricane Ian took it, and FEMA is covering under half of the contract price
Crews are fencing the site and moving equipment in, with demolition next and completion expected in 2027. FEMA has awarded Lee County 5.5 million dollars against a contract reported at 11.7 million, with tourist tax and RESTORE Act money covering the gap.
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Economics
Eighteen companies lose their separate antidumping rate on Chinese aluminium extrusions, and the list carries the SAIC Volkswagen and Assa Abloy names
Commerce found that none of the 18 established separate rate eligibility for the year to April 30, 2025, which leaves all of them inside the China-wide entity at 86.01 percent.
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Finance
Carvana's new bank loan is the exact size of the cash and PIK notes it is redeeming, to the dollar
The $1.66bn term loan B prices at Term SOFR plus 2.25 percent and issues at 99.75. The 2030 senior secured notes it retires stood at $1,660m of principal on 30 June with a 9 percent cash coupon.
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Alva
The Florida Highway Patrol now has one lane open westbound on State Road 80 at Old Olga Road in east Lee County, on a call the state has typed as a fatality and has held since 4.10 this afternoon
The state dispatch board has carried the call since 4.10 this afternoon, typed as a fatality. A full roadblock has given way to one lane open westbound on State Road 80. No agency has released details.
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Accounting
HCW Biologics says its first quarter earnings per share was overstated by 80 cents, because it gave all the undistributed earnings to the common stock and none to the warrants
The audit committee concluded on Monday that the quarter ended March 31 should no longer be relied upon. About 36.7 percent of the undistributed earnings belonged to participating warrants.
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Finance
Capital Bancorp has replaced the auditor that reported its internal controls were not effective, and the incoming firm valued the acquisition that weakness traces back to
Elliott Davis is out after nine years and Crowe LLP is in for the year ending December 31. The bank says it wanted a larger firm with more resources as it grows.
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Fort Myers
The Lee County Sheriff's Office says it has arrested a 44 year old man over the skeletal remains found in March in a hidden grave behind the county elections building, and says the elections building itself had nothing to do with the case
The sheriff's office says its Major Crimes Unit arrested Gabriel Carlo Leon-Torres, 44, over the death of a man whose remains were found in March behind the Lee County Elections Center in Fort Myers. He is charged with second-degree murder and tampering with evidence.
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Economics
NOAA has started the environmental review that decides a deep seabed mining licence, and the area in front of it is 121,830 square kilometres of Pacific seafloor beyond any country's jurisdiction
NOAA will prepare an environmental impact statement on a ten year exploration licence for The Metals Company USA covering 121,830.2 square kilometres of the Clarion-Clipperton Zone in six noncontiguous subareas.
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Economics
Consumer sentiment fell to 51.0 in August, and the piece of it that fell hardest is what households expect of business conditions five years out
The University of Michigan's preliminary August index read 51.0 against a final July reading of 55.2, a fall of 7.6 percent, with long-run expected business conditions down 17 percent.
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Fort Myers
Lee County lifted the Forest Knoll Court notice at a quarter to ten this morning, which leaves the San Carlos Boulevard fireline repair as the only open item on the county water map
The Forest Knoll Court cut and cap was rescinded at 9.46 a.m., 48 hours and 46 minutes after its incident stamp. One notice is now open, the fireline repair on San Carlos Boulevard stamped for 2 p.m.
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Finance
The Export-Import Bank has an application in front of it for an iron ore mine and a pellet plant in Minnesota, and the notice states that the financing will be used for domestic purposes
The Export-Import Bank has taken in an application for a long-term loan or guarantee above $100m from Mesabi Metallics, covering an iron ore mine and a 7.5 million tonne direct reduction iron plant at Nashwauk, Minnesota.
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Tax
The regulation on charitable trust reporting still points at a form the IRS replaced for those trusts nineteen years ago, and Treasury has proposed to catch it up
Proposed rules would drop the Form 1041-A requirement for trusts whose only charitable deduction arrives through a partnership or an S corporation, and state that split interest trusts file Form 5227 instead.
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Finance
New York will let Western Union buy Intermex if it holds its remittance fees to six countries at the rate of inflation for three years, and on the same day California pulled its approval back
The New York Attorney General found Western Union would hold more than 30 percent of retail remittances from the state to Ecuador, Guatemala, Honduras, Mexico, Nicaragua and Peru. Average fees to those six may now rise no faster than CPI-U.
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Marco Island
Marco Island held its property tax rate flat at 1.2670 mills, and because taxable value rose 4.4 percent that still raises about a million dollars more and counts as a 2.9 percent increase under Florida law
Resolution 26-39 sets a tentative rate identical to last year's. The city's own certified form shows that raises 24.36 million dollars against 23.34 million a year ago, and sits above the rolled-back rate.
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Fort Myers
The man accused in July's I-75 standoff in Lee County was released by the Lee County Jail on Thursday and is now in the custody of the Hillsborough County Sheriff's Office
Jail records show Ladavion King was released by the Lee County Jail on Thursday. The Hillsborough County Sheriff's Office says he is now in its custody, is still hospitalized, and will be booked once discharged. Nothing here affects the road.
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Marco Island
Marco Island votes Tuesday on borrowing 23 million dollars for two bridge replacements and 36 lane miles of overdue paving, and the city puts the cost at 97 dollars a year on a million dollar home
Resolution 26-21 puts a general obligation bond of up to 23 million dollars on the August 18 ballot, secured by the city's unlimited ad valorem taxing power and repaid over as long as 20 years.
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Technology
The rollover test in the government's five star car ratings has not caught a single vehicle in fifteen years, and that is the reason given for removing it
NHTSA asked for comment on dropping the Fishhook rollover test and side air bag out of position testing from the New Car Assessment Program. Comments close 60 days after publication on 17 August.
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Technology
SpaceX has closed its purchase of Cursor with 389,289,254 new shares, and the filing gives the pricing mechanism without giving the price
The merger became effective on Friday at an implied equity value for Cursor of $60.0bn. SpaceX assumed a further 73.5 million shares in options and restricted stock units on top of the shares issued.
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Naples
A woman injured when a car was driven through a Naples thrift store has sued the nonprofit that ran it, and the figure in the complaint that reads like a damages claim is not one
Deima Torna Garcia sued St. Matthew's House in Collier County Circuit Court on August 10 over the April 2025 thrift store crash in Naples, alleging it failed to protect customers. The nonprofit says it has only just learned of the filing.
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Economics
Retail sales fell 0.6 percent in July, and eight of the thirteen kinds of business in the table went up
Sales were $763.6 billion, down 0.6 percent with a margin of error of 0.4 points, the first fall in the three months shown. Online sellers and car dealers account for more than the whole decline.
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Technology
Core Scientific has paid about $444.3m for a company whose asset is 440 megawatts of grid connection, and the contract adds exactly $1m a megawatt if 40 more arrive by the end of the year
The Polaris DS acquisition closed on 13 August. Power in service sits under existing electric service agreements with Oklahoma Gas & Electric, and Core Scientific reiterated a 1.5 GW gross target for its Muskogee campus.
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Fort Myers
Lee County Utilities is carrying two open notices on its water map this morning, and one of them is stamped for two o'clock this afternoon on San Carlos Boulevard
The county's own map returns eight records, six of them lifted. The two with no lift date are a cut and cap on Forest Knoll Court open since Wednesday, and a fireline repair on San Carlos Boulevard stamped for 2 p.m. today.
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Fort Myers
Both Southwest Florida forecast offices wrote new heat advisories overnight, and this time the window opens at 11 a.m. rather than noon, with the Lee County index raised to 111
The Tampa Bay office issued at 12.16 a.m. and the Miami office at 1.04 a.m., both new products. Lee and Charlotte are written at a heat index of up to 111, Collier at 105 to 110, on an 11 a.m. to 7 p.m. window.
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Finance
Fermi has a single chief executive again, and his $3m share award vests in full on the sixtieth day after the board appoints his successor
Lee McIntire, already a director of the Amarillo company, took the job on 11 August on a $750,000 salary and a $15,000 monthly housing allowance, and holds it until the board names a successor.
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Finance
Valvoline launched a $500m bond and priced $600m of it the same day, and the proceeds repay its secured term loan A in full
The 6.125 percent senior notes due 2034 were upsized by $100m between the two press releases Valvoline issued on Thursday. Closing is expected on 24 August.
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Economics
Eurostat's second look at the euro area quarter revised nothing, and the new number in it is employment growth of 0.1 percent against output growth of 0.4 percent
The 45 day flash left euro area growth at 0.4 percent and European Union growth at 0.5 percent for the second quarter. Employment, published for the first time on this quarter, rose 0.1 percent in both.
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Accounting
Kaiho's auditor will not give a conclusion on the quarter, and the reason it names first is that the state pension body has been attaching the company's money over unpaid social insurance
Progress Audit Corporation declined to express any conclusion on Kaiho's first quarter accounts. The Japan Pension Service attached ¥32.6m of deposits and ¥2.8m of card receipts over ¥41.9m of arrears.
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Naples
Southbound Interstate 75 is scheduled to close completely at the Collier Boulevard interchange in Naples for seven hours on the night of Tuesday, August 18, and the detour sends everyone out at Golden Gate Parkway
The Florida Department of Transportation has southbound I-75 fully closed at the S.R. 951 interchange from about 10 p.m. Tuesday, August 18, to 5 a.m. Wednesday, August 19, while crews install an overhead sign. Drivers headed south are put off the interstate at exit 105.
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Finance
A ¥4bn battery plant in Kumamoto will not be built, because the bill for connecting it to the grid came back far above what the customer had assumed
TESS Holdings said on Friday that its engineering subsidiary will cancel the contract for a 25 MW battery plant in Kumamoto. The customer ended the project after the grid connection quote arrived.
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Finance
ASICS raised its full year forecast to a record ¥1.05tn and, at the same board meeting, resolved to wind up the subsidiary that sold ¥77.4bn of shoes last year
ASICS lifted its 2026 revenue forecast from ¥950bn to ¥1,050bn and its annual dividend from ¥38 to ¥44. The same board resolved to dissolve ASICS Shoji, which made ¥5,885m of operating profit last year.
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Accounting
NISSHA now has until 23 October to file the half year report that was due on Friday, and the company says what stopped it was accounting done at a Vietnamese subsidiary before it owned it
A seventy day extension was approved on 14 August. NISSHA says an investigation into improper accounting at USM Healthcare, the Vietnamese company it consolidated on 20 May, is not finished and the auditor cannot review in time.
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Finance
Asahi published a first quarter and a half year on the same morning, four and a half months after the first of them was due, and at the prior year exchange rates both of them shrank
Asahi Group Holdings filed its January to March accounts on 14 August, alongside the half year. Reported interim operating profit rose 56.2 percent. Core operating profit rose 1.5 percent, and fell 8.5 percent at constant rates.
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Fort Myers
Investigators are looking at whether a medical condition played a part in the crash that killed a driver on Six Mile Cypress Parkway, and the account now on the record has the vehicle crossing the westbound lanes and going airborne before it landed on its side
WINK News reports the driver killed in Wednesday's crash east of Six Mile Crossing Boulevard was pronounced dead at the scene, and that investigators are working out whether a medical condition played a role. No name, age or home town released.
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North Fort Myers
A North Fort Myers pool and screen contractor has been booked into the Lee County jail on two felony fraud counts, and the state's own corporate register still lists both of the companies registered to him as active on the day after the arrest
The Lee County Sheriff's Office jail record shows David Scott Noe booked on Wednesday night on two counts under section 831.02, each carrying a $25,000 bond. Two Screenworks companies registered to him remain active on the state corporate register.
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Finance
The New York Stock Exchange has suspended trading in BlackSky's warrants for selling too cheaply, and they were due to expire next month at a strike of $92.00
The exchange notified BlackSky on 7 August and announced on 10 August that it would begin delisting the warrants and suspend trading in them at once, citing abnormally low selling price under Section 802.01D. The common stock is unaffected.
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Finance
Cloudflare has borrowed another $2.5bn without a coupon, and the filing lists two earlier zero interest convertibles that take the stack to $5.625bn
The 0 percent notes due 2031 convert at $496.94, a premium of about 60 percent to the $310.59 close on 10 August. Cloudflare spent $259.5m of $2,462.3m in net proceeds on a capped call.
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Bonita Springs
The crash that held the right lane of Interstate 75 northbound at mile marker 116 in Bonita Springs has come off the state dispatch board, and a separate call for debris in the left lane opened at the same point at 7.48 this evening
The crash row was gone from the state board on readings at 7.56 and 7.57 this evening. The board carries no clearance column, so that is the state ending publication, not a reopening. A separate debris call is now open at the same spot.
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Fort Myers
A vehicle fire has put the Florida Highway Patrol on Interstate 75 northbound at mile marker 140 in Fort Myers, and the state dispatch board carries no remark at all about whether any lane is blocked
A vehicle fire is logged on Interstate 75 northbound at mile marker 140 in Fort Myers. The Florida Highway Patrol took the call at 5.13 and stamped a unit on scene at 5.21. Its remarks field is empty: no lane closure, no all clear.
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Naples
A crash has the right lane of Interstate 75 southbound blocked at mile marker 100 in Collier County, and the state dispatch board still described the lane as held for emergency vehicles at 5.09 this afternoon
A crash has the right lane of Interstate 75 southbound blocked at mile marker 100 in Naples. The Florida Highway Patrol logged a trooper on scene at 4.56, and on readings at 5.07 and 5.09 the state board still described the lane as blocked.
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Finance
Lithium Americas has taken $150m from a convertible whose conversion floor can fall to 65 cents, and the events that push it there also take the coupon to 15 percent
The debentures convert at the lower of $4.56 or 95 percent of the weakest five-day price, with a floor of $1.63 that can be cut to $0.65. Cash repayment of principal is capped at $35m while the Orion notes are outstanding.
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Finance
Duke Energy has sold $2bn of equity units that cost it 7.75 percent a year, and 2.90 points of that is not interest on anything
Forty million units closed on Thursday at a $50 stated amount, including the full over-allotment. Holders must buy Duke common stock by 1 August 2029, and the notes behind the units are pledged to make sure they do.
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Finance
Parker-Hannifin closed its $9.25bn purchase of Filtration Group and borrowed $7.75bn the same day, and the larger of the two loans matures 364 days from Thursday
The deal closed on Thursday at a cash price of $9.25bn. Parker drew $5.25bn on a 364-day term loan and $2.50bn on a three-year one, covering 84 percent of the price with bank debt.
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Technology
Applied Materials set a revenue record on 25 percent growth, and China is the only one of its seven regions where the money went down
Third quarter revenue reached a record $9,115m, up 25 percent. Every region grew except China, which fell to $2,506m from $2,548m and dropped from 35 percent of the total to 28.
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Lehigh Acres
The Lee County Sheriff's Office says it arrested two Lehigh Acres men on Wednesday over the July house party shooting near Willard Avenue that wounded four people, and that a licence plate reader is what put investigators on the car
The Lee County Sheriff's Office says Desmond Garlin, 18, and Jared Williams, 19, were arrested Wednesday over the July 10 shooting that wounded four at a Lehigh Acres house party. Both are charged with attempted second-degree murder. Corrected and updated from an earlier version.
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Fort Myers
Fort Myers police say a man used other people's personal information to apply for car financing, and the thing that stopped it was a dealership employee looking closely at an ID rather than anything in the credit system
Fort Myers police arrested Johnathan Andrew Decker, 41, on August 7 on two counts of fraud-impersonation, WINK News reports. Police say two people found their information had been used to seek vehicle financing they never applied for, and more victims were identified since.
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Technology
The FCC is asking whether Head Start and pre-kindergarten pupils should keep E-Rate support at all, and whether schools should be made to subtract them from their funding requests
The notice puts $15.5m committed to Head Start and $43.9m to pre-kindergarten in funding year 2025 up for comment, and asks whether the children's internet protection statute reaches devices a school does not own.
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Naples
A crash has the merging lane blocked where Golden Gate Parkway eastbound feeds onto Interstate 75 northbound at exit 105 in Naples, and a trooper reached the scene at 1.53 this afternoon with the roadblock still on the state board
The Florida Highway Patrol received the call at 1.38 this afternoon, dispatched a unit at 1.41 and logged a trooper on scene at 1.53. On a reading taken at 1.55 the state dispatch board still described a roadblock in the merging lane of Interstate 75.
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Cape Coral
The playground at Kurt Donaldson Park in Cape Coral closes on Monday for a full equipment replacement and Lee County expects it to stay shut through the end of September, with the rest of the seventeen acre park staying open
WINK News reports, citing a Lee County press release, that the playground at 180 Hunter Blvd. closes August 17 for equipment replacement and should reopen at the end of September. The replacement adds shade, swings, slides and climbing components. Only the playground closes.
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Economics
The Civil Service Rules are being rewritten for the first time since Eisenhower, and the rewrite arrives with no proposed rule and no report to Congress
OPM filed a direct final rule amending six parts of the Civil Service Rules, the first comprehensive revision since 1954. It takes effect in 60 days unless someone files a significant adverse comment in 30.
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Fort Myers
Cristobal is finished and the hurricane center has issued its last advisory on it, and the Cabo Verde system this desk has been calling the one to watch is now forecast to be killed off by shear and dry air by late Friday
The National Hurricane Center declared Cristobal post-tropical Thursday and issued its final advisory. AL92 sits at 80 percent, but strong upper level winds and dry air should end its development by late Friday. AL94 is at 30 percent. No watch covers Collier or Lee.
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Small Business
A farmer who told the government every crop was insured can keep the bigger disaster payment, so long as the uninsured share of the loss stopped at 10 percent
The Farm Service Agency has defined de minimis as 10 percent or less of total revenue loss. Producers above that line repay the gap between a 90 percent and a 70 percent payment factor on their 2022 disaster payment.
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Finance
The SEC has written down what happens if the consolidated tape misses its December deadline, and the answer is that one exchange may trade all night from January 24 with no consolidated quotes at all
Temporary conditional relief lets 24X National Exchange run a 9 p.m. to 4 a.m. session from January 24, 2027 if the equity data plans miss December 6. Overnight quotes would not reach the tape.
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Estero
The former Estero Fire Rescue battalion chief who ran Southwest Florida's urban search and rescue task force has been sentenced to five years in prison for stealing from it, and prosecutors say he bought the cameras and the tracking device he used on his ex-wife with the task force credit cards
The State Attorney's Office for the Twentieth Judicial Circuit says Albert Shane Sibert was adjudicated guilty on five counts, sentenced to five years in prison and 10 years of probation, and has repaid $47,103 to Urban Search and Rescue.
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Technology
The flight endurance that decides whether an American drone needs a national security export licence goes from 30 minutes to 3 hours, and the rule took effect the day before the issue carrying it
The Bureau of Industry and Security's final rule raises the national security control threshold for unmanned aerial vehicles from 30 minutes of endurance to 3 hours and drops wind gust tolerance as a control parameter.
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Tax
Treasury has proposed an election that switches section 987 currency gain off inside a controlled foreign corporation, and three tax years of that choice now fall due on one date in 2027
The proposed regulations would let a controlled foreign corporation elect out of computing section 987 currency gain or loss on a remittance. Comments close 90 days after publication.
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Economics
Initial claims rose 9,000 to 209,000, and the four week average that exists to absorb a week like that did not move at all
Seasonally adjusted initial claims were 209,000 in the week ending 8 August, up 9,000 on a revised 200,000. The four week moving average held at 199,000, unchanged on the previous week's revised figure.
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Fort Myers
Lee County is in the heat advisory after all: the Tampa Bay office extended its Levy product at 7.45 a.m. to add both Lee zones, on the same noon to 7 p.m. window Collier already carried.
At 2.35 a.m. both Lee zones returned nothing active and the Tampa Bay office had drawn its only Florida heat advisory around Levy County. At 7.45 a.m. it extended that same advisory to cover Coastal and Inland Lee, index up to 109.
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Economics
The producer price index did not move in July, and getting to zero took a 0.7 percent fall in goods against a 2.2 percent rise in construction
Final demand prices were unchanged in July, seasonally adjusted. Goods fell 0.7 percent, construction rose 2.2 percent and services rose 0.2 percent, and the twelve month rate came down from 5.5 percent to 4.7 percent.
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Finance
Rocket Lab's registration statement puts a floor and a ceiling on the stock half of the Iridium price, and between the two an Iridium holder receives exactly $27.00 of shares
The S-4 filed on Thursday sets cash consideration at $27.00 a share and a sliding exchange ratio that fixes the stock at $27.00 of value between share prices of $67.50 and $112.50.
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Accounting
Pelthos has told investors not to rely on its first quarter accounts, and the correction turns a $5.2m gain on its own convertible debt into a $9.6m charge
The audit committee concluded on Wednesday that the quarter ended March 31 was misstated under ASC 820. Net loss for that quarter rises from $10.2m to $25.1m, with cash unchanged.
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Fort Myers
Fort Myers has put five ways to close a 9.2 million dollar hole in front of its council, and four of the five raise the fire assessment on every house in the city from 218 dollars to about 240
The city's own budget workshop presentation puts next year's general fund spending 9.2 million dollars above revenue at the rolled-back rate, and offers the council five combinations of millage, fire assessment and reserves to close it.
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SW Florida
Collier County is putting a sixth penny of tourist tax on the November ballot to finish the Paradise Coast Sports Complex, and it has booked twelve public meetings between now and October to explain it
Collier County has announced twelve public information meetings on a proposed one percent increase to the Tourist Development Tax, which goes to voters in November and would raise the county rate from five percent to six.
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Finance
Opendoor is selling $650m of convertible notes that pay no interest, and buying back about a third as many shares as those notes could one day create
The notes carry a 0.00 percent coupon and convert at about $4.71, a 35 percent premium to Wednesday's $3.49 close. Opendoor is repurchasing 45.3 million shares for $158m alongside them.
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Technology
Semtech is selling its cellular module business to Compal Electronics for $62m in cash, and the buyer is taking the customer relationships and the people with it
Compal acquires substantially all the assets and operations of the business, including the intellectual property and the staff. Semtech expects the sale to close in the fourth quarter of its 2027 financial year.
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Technology
The antitrust waiting period on onsemi's purchase of Synaptics ended 26 days after it began, and the companies still expect to wait until mid-2027 to close
The Federal Trade Commission granted early termination of the Hart-Scott-Rodino waiting period on 12 August. onsemi's filing repeats a mid-2027 close, and Synaptics stockholders have not voted yet.
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Fort Myers Beach
The two Fort Myers Beach staff put on leave during the town's contracts and grants review have now been named by the council, and the town says neither has any connection to its FEMA money or its Hurricane Ian emergency funds
The town council confirmed the two are community development director Frankie Kropacek and community services director Jeff Hauge, both on paid leave. No wrongdoing is alleged. The town says the review does not touch FEMA or Ian funds.
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Economics
British goods exports fell 6.3 percent in June inside a quarter in which they rose 5.7 percent, and June's fall in goods imports turns into a rise once the price effect comes out
UK goods exports fell £2.2bn, or 6.3 percent, in June to £33.0bn. Over Quarter 2 as a whole they rose £5.5bn, or 5.7 percent. The total trade deficit widened by £0.3bn to £8.0bn.
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Cape Coral
Cape Coral says a gated community on private wells and septic has to connect to city water and sewer, and the community's lawyer is pointing at a 2017 resolution that says its parcels were exempt
West Cape Estates runs on private wells and septic. The city says connection is mandatory and its agenda documents warn litigation may be needed. The community's attorney cites a 2017 resolution he says exempted its parcels.
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Economics
Britain's economy grew 0.4 percent in the second quarter, and the inventories line inside it carries £3,262m of adjustment sitting on a £1,382m fall in real stocks
UK real GDP rose 0.4 percent in Quarter 2, after 0.6 percent in Quarter 1. The reported change in inventories was £1,880m; excluding alignment and balancing adjustments it was negative £1,382m.
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Economics
Euro area industrial production did not move in June, and the flat reading sits on a 1.4 percent fall in capital goods against a 3.0 percent rise in non durable consumer goods
Eurostat's first estimate puts euro area output unchanged on May and up 0.1 percent on the year. The EU rose 0.2 percent, a fifth consecutive monthly increase.
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Finance
Penfolds depletions in China rose 34.7 percent, and Treasury Wine says about half of that growth rate came from redirecting parallel imports into authorised channels
Penfolds depletions in China rose 34.7 percent, and the announcement attributes about half the growth rate to diverting parallel imports into authorised channels. The group booked a statutory net loss of $1,078.7m.
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Finance
ASX grew revenue 13.3 percent and expenses 21.1 percent, and the guidance it reaffirmed on Thursday has expenses growing faster than revenue for another year
Operating revenue rose 13.3 percent to $1.25bn. Total expenses rose 21.1 percent to $557.4m, statutory profit fell 3.5 percent to $484.9m, and the total FY26 dividend fell 7.5 percent to 206.5 cents.
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Naples
Collier County goes back under a heat advisory from noon to 7 p.m. Thursday at an index of 105 to 110, while both Lee County zones sit empty and the office that covers Lee writes its only Florida heat product for Levy.
The National Weather Service in Miami issued the advisory at 1.42 a.m., covering both Collier zones at an index of 105 to 110. Direct queries of the two Lee County zones returned nothing active.
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Economics
New Zealand forecasters cut their one-year inflation expectation by 81 basis points, in a survey that went into the field the day after inflation printed at 4.1 percent
The Reserve Bank of New Zealand's quarterly survey put one-year-ahead inflation at 2.60 percent, down from 3.41 percent. Annual inflation in the June quarter was 4.1 percent.
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World
Two governments have put A$2.5bn into Australia's largest aluminium smelter, and the release the market got names the company's A$1.1bn and no public figure at all
Australia and New South Wales have jointly put A$2.5bn into the Tomago smelter. The state share is capped at A$1.225bn over ten years from 2029. Rio Tinto's own market release names no public figure.
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Finance
Silver Lake sold 12.5 million First Advantage shares and signed a 30 day lock-up, and the same releases send up to 4.2 million more to its partners outside it
The Silver Lake funds priced 12,500,000 First Advantage shares at $22.20 and closed on Wednesday. The 30 day lock-up they signed does not cover the up to 4,200,000 shares going to their limited partners.
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Technology
Reddit's chief legal officer is leaving in September, and the filing that names his successor says only that the company expects to appoint him
Benjamin Lee notified Reddit on Wednesday that he will step down as chief legal officer on September 14. The filing says Reddit expects to appoint Paul Cappuccio, and gives no date for it.
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Lehigh Acres
The house fire on Fifth Avenue in Lehigh Acres is out, the address is 104 Fifth Avenue, and the fire district says the report that a homeowner was trapped inside turned out to be wrong once crews had searched the house
WINK News reports the fire broke out at 104 Fifth Avenue at 6.33 p.m., that firefighters put it out and confirmed nobody was inside after initial reports the homeowner was trapped, and that Fire Marshal Matthew Brennan says the cause is under investigation.
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Economics
Australian full-time earnings posted their slowest six months since 2022, and in the same release the gender pay gap fell to its lowest recorded level
Full-time adult ordinary time earnings reached $2,083.70 a week in May, up 3.7 percent on the year. The six month rise was 1.6 percent, the smallest since May 2022.
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Economics
CMS added a six month taper to its Medicaid funding rule, and the drugs that are 88 percent of the spending are excluded from it
The rule ends federal Medicaid and CHIP matching for a defined set of procedures for minors. CMS puts the ten year federal saving at about $175m and took roughly 11,000 comments, more than 90 percent opposed.
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Economics
Japan's producer price index rose 0.1 percent in July, and the summer electricity surcharge was all of it
The index rose 0.1 percent on the month and 7.2 percent on the year. Strip out the extra charges applied to electricity from July to September and the monthly change was zero.
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Economics
Customs duties came in below zero in July, because Treasury refunded $33.4bn against $24.8bn collected
Gross customs collections were $24.8bn in July and refunds were $33.4bn, so the line came in at minus $8.5bn. Refunds year to date are $114.7bn against $6.0bn last year.
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Fort Myers
A steel plate laid down during the Edison Bridge joint repairs has left drivers paying for tyres and suspension work, and the Florida Department of Transportation's answer is a warning sign and a claims form
Gulf Coast News reports drivers hitting a plate installed during Edison Bridge joint work, one facing about $1,100 in tyres. FDOT says it is aware and points drivers to its claims office. Its own project page runs the joint work to Winter 2026.
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Lehigh Acres
Firefighters from the Lehigh Acres Fire Control and Rescue District were working a house fire on Fifth Avenue on Wednesday evening, and fire officials told a Fort Myers newsroom the home is clear of potential victims
Gulf Coast News reports crews battling a house fire on Fifth Avenue in Lehigh Acres, with the home reported clear of potential victims and an investigator on the way to determine the cause.
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Immokalee
The National Weather Service office in Miami is tracking a thunderstorm capable of producing a funnel cloud near Ave Maria, moving south at 10 mph across north central Collier and southwestern Hendry, and its statement runs to 7.45 p.m. Wednesday
A special weather statement issued at 7.07 p.m. carries funnel clouds and gusts of 45 to 50 mph for inland Collier and Hendry. Named places include Immokalee, Golden Gate Estates and I-75 at Everglades Boulevard.
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Finance
Nasdaq has refused Generation Income Properties a second 180 days on the dollar rule, because a different rule is broken as well
The Tampa company missed the 27 July deadline to get its bid price back above $1. Nasdaq says it cannot have a second compliance period because the market value of its publicly held shares is under $1.0m.
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Finance
American Express has replaced $1.6bn of preferred shares with $1.6bn of preferred shares, and the new ones pay 2.9 points more
American Express closed a sale of 6.450 percent preferred shares on Wednesday and says it plans to redeem its 3.550 percent Series D in full on 15 September. Both series are 1,600 shares and $1.6bn.
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Fort Myers
One person died in the Six Mile Cypress Parkway crash in south Fort Myers, the Highway Patrol has told a Lee County newsroom, the first count released on an incident this desk has carried since the middle of the afternoon
Gulf Coast News reports the Florida Highway Patrol saying one person died in the afternoon crash at Six Mile Crossing Boulevard. It is the first count released, and the parkway is open again.
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Economics
Commerce lists five foreign cheese subsidy programmes across thirty countries, and only one of them carries a number, 47 cents a pound for Canada
The quarterly update covers cheese imported between 1 January and 31 March 2026. Canada's export assistance is listed at 47 cents a pound, gross and net. Every other programme on the list reads zero.
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Fort Myers
The state dispatch board that carried the westbound lanes of Ben C Pratt Six Mile Cypress Parkway closed after a fatal crash in south Fort Myers now reads roadway open, about two hours after the call came in
The Highway Patrol entry that went up at 3.09 p.m. as a crash with injuries, was reclassified a fatality, then took the westbound lanes out, now carries the remark roadway open. The type still reads Fatality.
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Technology
Cisco reported two gross margins for the same quarter and they moved in opposite directions, and the reconciliation table shows a $355m legal charge in last year's figure with no counterpart in this one
Revenue rose 18 percent to $17.3bn. Gross margin on a GAAP basis rose to 64.1 percent from 63.2, while the non-GAAP figure fell to 66.3 percent from 68.4, on adjustments less than half last year's size.
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Finance
Intel announced a $15bn share sale and priced $20bn, and the filing that landed at five past four on Wednesday says the underwriters took the rest as well
Intel sold 210,526,315 shares at $95 on 10 August. The 8-K filed Wednesday afternoon adds that the underwriters exercised their option in full the next day, which takes the total to $23bn.
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Fort Myers
The Florida Highway Patrol has replaced the roadblock wording on its fatal crash in south Fort Myers with a specific closure, and it is the westbound lanes of Ben C Pratt Six Mile Cypress Parkway between Independence Circle and Six Mile Crossing Boulevard
The state board carried a roadblock at the intersection from 3.09 p.m. A reading at 3.55 p.m. replaces that with the westbound lanes of the parkway closed between Independence Circle and Six Mile Crossing Boulevard. Every other field is unchanged.
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Fort Myers
The Florida Highway Patrol has reclassified the crash it has open at Six Mile Crossing Boulevard and Ben C Pratt Six Mile Cypress Parkway in south Fort Myers as a fatality, and the roadblock at that intersection is still standing on its board
The entry went on the state dispatch board at 3.09 p.m. as a crash with injuries. A reading at 3.22 p.m. carries it reclassified as a fatality, and one at 3.30 p.m. adds a trooper arrival at 3.27 p.m., with the roadblock still listed.
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Finance
Clean Harbors is paying $470m for EnviroServe, and the nine times multiple in its own announcement only arrives after synergies almost as large as the target's entire earnings
EnviroServe is expected to make about $27m of adjusted EBITDA on about $250m of revenue. Clean Harbors expects $25m of cost synergies over two years, which is what turns 17 times into nine.
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Economics
Toyota does not have to fix the wrong tire size printed on 3,981 C-HR door placards, and the petition that got it out of the recall has been sitting at NHTSA since February 2021
The placards say 18 inch tires. The cars left the factory on 17 inch steel wheels. NHTSA granted the inconsequentiality petition, which exempts Toyota from notifying owners and from remedying the label.
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Economics
The FDA has ordered a hearing on whether a generic Concerta lasts as long as its label claims, nearly ten years after it proposed to pull the approval
CDER proposed withdrawing ANDA 091695 in October 2016 and Kremers asked for a hearing three weeks later. The notice setting one arrived this week, and the burden of proof sits with Kremers.
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Fort Myers Beach
Fort Myers Beach has placed two employees on administrative leave while an outside review examines how the town handled procurement on certain grants and contracts
The town says it started an independent review of procurement and administrative practices tied to certain grants and contracts, and that the two staff went on leave as a precaution to protect that review. It has not named them or the grants.
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Economics
HUD is asking whether to stop measuring two of the three disaster recovery needs and set them instead as a percentage of the third, and its own figures put planned economic development spending at a median of 2 percent
A HUD notice filed Wednesday reopens comment on the disaster recovery allocation formula. It floats dropping Small Business Administration and FEMA data from two of the three unmet need categories.
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Tax
The IRS has issued the four sample rollover forms SECURE 2.0 ordered in 2022, and the notice states that a plan which uses them gets no safe harbour for doing so
Notice 2026-49 publishes four sample direct rollover forms, a rollover identification number and five protocols. Use is optional and earns no safe harbour. Comments close on October 23.
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Naples
Naples has lost its biggest car show after the council refused the 2027 application, and the organiser's own site now advertises a four day event on February 4 to 7 under a new name
Cars on 5th will move to Bayshore Drive in 2027 after more than twenty years on Fifth Avenue South, Gulf Coast News reported. The organiser's own site now runs the show as Naples Automotive Experience across February 4 to 7.
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Fort Myers
The area the hurricane center gave a 10 percent chance is the one that got a name, and Tropical Storm Cristobal formed 880 miles west of the Azores on Wednesday with no hazards to land and nothing to do with Florida
The season's third named storm formed in the central subtropical Atlantic with 45 mph winds, moving east away from the United States and forecast to dissipate Thursday. The advisory lists hazards affecting land as none. The Cabo Verde system is now at 80 percent.
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Technology
The FCC has cut seven requirements out of the broadband label, and the instruction carrying every change a shopper would notice has no effective date
Providers will be able to show location varying fees as one up to figure, stop archiving withdrawn labels and drop the machine readable file. Those amendments are delayed indefinitely. Only the new fee definition starts in thirty days.
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Accounting
Capstone Holding used the share count at the end of the quarter instead of the average through it, and one quarter's loss per share goes from 47 cents to $1.56 with the loss itself unchanged
A Nasdaq listed company filed a non-reliance notice, three amended quarterly reports and a fresh quarter of results in one morning. The reported net loss changes in none of them.
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Finance
Home Depot's chief executive is taking a temporary medical leave, and the filing that says so sets no end date and splits the job between two people
Edward Decker is stepping back from the role. Ann-Marie Campbell takes day to day operations, and Richard McPhail, the chief financial officer, becomes interim principal executive officer for filing purposes.
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Technology
The Copyright Office has deleted the words that kept specialist outlets out of its news website registration option, and the definition it adopted is shorter than the one it proposed
A final rule effective on publication amends the definition of a news website in 37 CFR 202.4. The breadth requirement is gone. The Office has taken more than four thousand applications under the option since 2024.
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Economics
Consumer prices rose 0.1 percent in July, and shelter, which rose 0.1 percent itself, accounted for about two thirds of it
The all items index rose 0.1 percent in July after falling 0.4 percent in June, and stands 3.4 percent above a year earlier. Energy fell 1.5 percent in the month and remains up 14.7 percent.
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Naples
Two juveniles are facing felony charges after deputies said a group rode e-motos through a Naples Target, and the damage figure that made it a felony also sets what their parents can be sued for
Deputies said two juveniles rode e-motos through the Target on Tarpon Bay Boulevard in July, causing about $2,500 in damage. Florida makes criminal mischief a felony at $1,000, and a second statute lets the owner recover full actual damages from the parents.
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Estero
The Estero stretch of Interstate 75 is open again, with the left lane roadblock at mile marker 123 carrying a clearance stamp of a quarter to eight, and by mid morning not one Lee or Collier entry on the state dispatch board was still open
The 7.12 a.m. crash that put a roadblock in a travel lane of Interstate 75 southbound at Estero was stamped cleared at 7.45 a.m. A later crash on the northbound carriageway at Fort Myers cleared at 9.09 a.m. while this desk was reading the board.
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Cape Coral
Cape Coral lifted its two oldest boil water notices within six minutes of each other on Wednesday morning, clearing 233 addresses, and one of them had run 116 hours, the longest single notice this site has tracked in the city
The city rescinded the 22.93 acre area at 3622 SE 5th Court at 7.23.52 a.m. and the 45.51 acre area at 2213 SE 10th Avenue at 7.29.32. They ran 116.6 and 47.3 hours. Four areas remain live elsewhere in the city.
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Cape Coral
Cape Coral spent about 1.6 million dollars on its community events last year and took 229,000 dollars back, and the city has now frozen hiring on the staff who put them on
Gulf Coast News reported on Tuesday that Cape Coral is weighing the future of Red, White and Boom, Bike Night and the Holiday Boat Parade, and that the city puts last year's event cost at about 1.6 million dollars against 229,000 dollars of revenue.
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SW Florida
Bankruptcy filings in the court's Fort Myers division have already passed the whole of 2023 and sit 16 cases short of the whole of 2024, with the count standing at 1,981 on August 11 and nearly five months of the year still to run
The federal bankruptcy court numbers its Fort Myers cases sequentially from one every January. The case filed on August 11 carries the number 1,981, against 1,549 at the same date last year, a rise of 27.9 percent across the six counties the division covers.
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Tax
The IRS puts the paperwork behind the W-8 forms at 30.5 million hours a year, and the notice asking for comment on that figure says no changes are being made to it
The Forms W-8 series covers 3,390,700 respondents at an average of 9 hours and 1 minute each. The collection is up for a straight extension, and comments close on 13 October.
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Estero
A third Florida Highway Patrol entry is now open on Interstate 75 southbound at Estero, this one logged at twelve past seven with its roadblock in the left lane rather than on the shoulder, and the six fifty nine entry has been moved on the board to the Corkscrew Road southbound entrance ramp
A crash logged at 7.12 a.m. on Interstate 75 southbound at mile marker 123 in Estero carries remarks reading roadblock left lane, an escalation from the shoulder wording reported earlier. The 6.59 a.m. entry has been moved to the Corkscrew Road ramp.
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Estero
A second crash is open on Interstate 75 southbound at Estero this morning, at mile marker 123, a mile north of the hit and run entry that cleared at five to seven, and the Florida Highway Patrol puts its roadblock on the left shoulder
A vehicle crash was logged at 6.59 a.m. on Interstate 75 southbound at mile marker 123 in Estero, remarks reading roadblock left shoulder. At a 7.06 a.m. reading it was open with no clearance stamp. The entry a mile south cleared at 6.55 a.m.
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Technology
BETA Technologies raises its 2026 revenue guidance to a range of $42m to $50m, and the best case on its adjusted loss for the year is now $95m worse than the company forecast in March
Second quarter revenue was $14.7 million against operating expenses of $166.1 million. The full year adjusted loss range is now $400 million to $445 million, against $305 million to $395 million in March.
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Estero
The Florida Highway Patrol has a southbound roadblock open on Interstate 75 at Estero this morning, at mile marker 122, on an entry its dispatch board types as a hit and run crash, and the entry was still being updated at twenty to seven
The state dispatch board logged the incident at 6.30 a.m. on Interstate 75 southbound at mile marker 122 in Estero, remarks reading southbound roadblock. At a 6.36 a.m. reading the entry was still open, with no clearance stamp.
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Economics
Eleven Chinese furniture exporters failed to show they operate independently of the state, and from today their goods enter the United States at a 216.01 percent deposit rate
Commerce found that 11 companies did not establish entitlement to a separate rate for calendar 2024, leaving them inside the China-wide entity. Nobody commented on the preliminary results, so they were adopted unchanged.
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Economics
Japan's stock of cash shrank again in July, as it has in every month the Bank of Japan prints in this release, while the money held in time deposits grew at 4.3 percent
Currency in circulation fell 1.2 percent from a year earlier to ¥109.9tn. M1 was flat at plus 0.1 percent, and broadly defined liquidity grew 4.4 percent, the fastest of every aggregate the Bank of Japan publishes.
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Finance
Albertsons stockholders cut three charter thresholds from two-thirds to a majority, and every clause they amended runs only on and after a date the certificate never says has arrived
The supermajority amendments carried 391,794,776 to 1,017,890 at the 6 August annual meeting and went in at Delaware on Tuesday. Each amended clause operates only on and after the 50% Trigger Date.
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Marco Island
A power line came down on Bald Eagle Drive on Tuesday evening and knocked out power across Marco Island, and by this morning the co-operative that serves the island was reporting nobody left without power in Collier County
WINK News reported a power line incident on Bald Eagle Drive causing outages across Marco Island on Tuesday evening, with fire and police on scene. The island's utility now shows no customers out.
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Cape Coral
Cape Coral firefighters are handing out free reflective backpack flashers at all thirteen fire stations and headquarters, and one of the addresses circulating with the story sends parents to the wrong side of the city
The Cape Coral Fire Department is giving out free reflective backpack flashers for students at all thirteen fire stations and Fire Headquarters. Lee County classes started today.
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Naples
The Florida Highway Patrol has a crash open at Immokalee Road and the northbound entrance to Interstate 75 in Naples, logged at ten to seven on Tuesday evening, and the state has not yet said on its own board whether anything there is blocked
The state dispatch board logged the crash at 6.49 p.m. Its roadblock field reads unknown, and a reading at 7.08 p.m. carries no clearance stamp, so the entry is still open at the exit 111 interchange during the evening peak.
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Small Business
Tofutti has a co-packing deal with the new owner of the plant behind 80 percent of its sales, and that plant does not start making them again until 15 September
The company said in February that its main co-packer's owner intended to close the plant on 31 July. A deal with the facility's new owner begins on 15 September, on the old terms, with inventory covering the gap.
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Fort Myers
A double-lane closure is running on the northbound inside lanes of the Edison Bridge in the middle of a Tuesday, and when the joint work there is finished the department will move the same closure across to the outside lanes
The Florida Department of Transportation says a double-lane closure is in effect on the northbound inside lanes and shoulder of the Edison Bridge for bridge joint work, and that it will then shift to the outside lanes. No end time is given.
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Finance
Goldman Sachs has struck a 3.65 percent preferred out of its charter, and the restated charter filed the same day carries one paying 6.500 percent
The Series U preferred, designated in July 2021, was redeemed on Monday and eliminated from the charter on Tuesday. Goldman said in July it would fund the redemption out of the new 6.500 percent series.
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Finance
Katapult has closed its combination with CCF Holdings and Aaron's, and the stockholders who owned the listed company are left with about 6.1 percent of it
The lease-to-own lender closed the merger on Tuesday. Former CCF Holdings owners hold about 79.8 percent of the combined company, the top of the new debt stack costs 20 percent a year, and every executive officer has gone.
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Small Business
FinCEN has made the beneficial ownership rollback permanent, and it will delete the roughly 15 million reports American companies already filed in a single sweep it does not intend to repeat
The final rule adopts the March 2025 interim rule and goes further, dropping United States company applicants and FinCEN identifier updates. FinCEN will delete the data once and confirm nothing to filers.
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North Fort Myers
A crash on the Bayshore Road approach to the Interstate 75 northbound ramp in North Fort Myers blocked the road at the front of Tuesday evening's peak and cleared within minutes, and the two entries that had held the Highway Patrol board at Bayshore and United States 41 all afternoon are now off it as well
The Highway Patrol logged the crash at 5.49 p.m. at Bayshore Road and the ramp to Interstate 75 northbound, and it carried a roadblock at 5.54 p.m. Two minutes later the row read that the roadway is clear.
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Small Business
A San Francisco importer says it was billed detention on containers it could not move, and the schedule the Commission set gives it a final answer in February 2028
The India Connection LLC has complained to the Federal Maritime Commission against CMA CGM (America) and two intermediaries over detention charges. An answer is due within 25 days and a final decision by 23 February 2028.
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Finance
Grove Collaborative has fallen below $50m on both of the tests the New York Stock Exchange applies together, and it has 45 days to write a plan
The New York Stock Exchange told Grove Collaborative on 7 August that it fails Section 802.01B, which requires both a $50m average market capitalisation over 30 trading days and $50m of stockholders' equity.
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Bonita Springs
A crash took the left northbound lane of Interstate 75 out of service at Bonita Springs at the front of Tuesday afternoon's peak, and the Florida Highway Patrol marked the roadway clear on its own board twenty nine minutes later
The Highway Patrol logged the crash northbound at mile marker 117 in Bonita Springs at 4.03 p.m., with the left lane blocked. The entry was stamped again at 4.32 p.m. and now reads that the roadway is clear.
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Finance
Ultragenyx has settled with one generic filer on DOJOLVI, and the copy waits an extra six months if the company wins paediatric exclusivity
Ultragenyx and Baylor Research Institute settled ANDA litigation with Esjay Pharma on 7 August. The licence lets a generic DOJOLVI reach the market on 1 January 2033, or 1 July 2033 if paediatric exclusivity is granted.
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Finance
Curtiss-Wright has about three weeks to buy $100m of its own shares, and the filing and the press release both land on $390m left while counting different purchases
Curtiss-Wright adopted a Rule 10b5-1 plan on 10 August to repurchase $100m of its stock at the maximum daily volume Rule 10b-18 allows. The filing expects the money spent by the end of August.
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Cape Coral
The man killed in the single vehicle crash that closed Veterans Parkway in Cape Coral on Sunday has been identified by his family and friends as Gio Valia, aged 23, two days after police released a death with no name attached to it
WINK News reports that the family and friends of the man who died on Veterans Parkway on Sunday identify him as Gio Valia, aged 23. Cape Coral police have not released a name and say the crash remains under investigation.
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Finance
NorthWestern fails a market power screen in two seasons of four, and has 60 days to show why FERC should not revoke its market based rate authority
NorthWestern told FERC it had added 205.4 MW of net uncommitted capacity and that its own analyses fail the wholesale market share screen in winter and spring. The Commission opened a show cause proceeding.
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North Fort Myers
The Florida Highway Patrol has a crash open right now at United States 41 and Bayshore Road in North Fort Myers with the right lane and the right turn lane blocked, and it is the second crash the state board has logged at that one intersection today
The state dispatch board logged the crash at 3.39 p.m. at North Tamiami Trail and Bayshore Road, with the right lane and right turn lane blocked. A separate entry at the same intersection, logged at 12.28 p.m., was still open at the same reading.
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Finance
AMETEK has raised its commercial paper ceiling by $1.2bn, to the same figure that caps the paper and the revolver together
AMETEK increased the maximum outstanding under its commercial paper programme from $2.3bn to $3.5bn on 7 August. The filing says the programme and the revolving credit facility together should not exceed $3.5bn.
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Hard Assets
The Mint has set prices for three 2026 products, and the price of the gold one is to be determined
A United States Mint notice sets retail prices effective 14 August. The 25 coin roll works out at $2.44 a coin and the 100 coin bag at $1.545. The gold proof coin is listed as TBD.
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Hard Assets
Import restrictions on Nepali antiquities take effect the day they print, and the five year term they run on started seven months ago
Customs filed a final rule adding Nepal to the cultural property restriction list. It reaches archaeological material back to 32,000 B.C.E. and religious objects and manuscripts as recent as 1950.
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Economics
The active metabolite of tramadol goes into Schedule I on publication, and the statute says an order of this kind is not subject to judicial review
A temporary scheduling order filed on Tuesday places O-desmethyltramadol in Schedule I for two years. Forensic laboratories have logged 147 encounters across 30 states, 118 of them the substance alone.
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Cape Coral
Neighbours on Lenox Court say the Cape Coral Yacht Club rebuild is shaking their houses, and the city says its monitors show vibration well below the threshold it is measuring against, which puts the whole argument on a document most homeowners have never seen
Residents on Lenox Court told Gulf Coast News that groundwork at the Cape Coral Yacht Club is rattling their homes and has damaged property. The city says monitors around the site record vibration well below the threshold it measures against.
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Economics
Electric scooters are allowed on national park roads by default today, and thirty days after publication they are prohibited there unless a superintendent has written the location into the park compendium
A National Park Service final rule filed on Tuesday takes e-scooters, hoverboards and Segways out of the motor vehicle definition and prohibits them everywhere except designated locations. Possession in statutory wilderness is barred.
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Economics
The Merit Systems Protection Board is striking probationary, layoff and suitability appeals out of its own jurisdiction rule, and in the same document it tells appellants it will not dismiss the cases it already has
A final rule filed on Tuesday removes three categories of federal employee appeal from 5 CFR 1201.3 on 2 September. The Board states it will keep adjudicating cases arising before that date.
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Technology
NIST is asking the public what should stop an AI-written security fix from being wrong
NIST filed a request for information on rebuilding the National Vulnerability Database for an era of AI-assisted attack and repair. Comments run 60 days. One question asks what safeguards prevent an erroneous machine-generated fix.
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Finance
A bank with $5bn in assets is a large bank this morning. Under the proposal the OCC and the FDIC filed on Tuesday, it would not be
The OCC and the FDIC proposed raising the Community Reinvestment Act large bank threshold from $1.649bn in assets to $10bn. On the FDIC's own count, the number of large banks it supervises would fall by 250, to 31.
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Cape Coral
Cape Coral drew a second precautionary boil water area around the same Hancock Bridge Parkway address on Tuesday morning, and although the record is named for the parkway, only three of the 188 addresses inside it stand on it, the rest being the residential streets behind it, which takes the city to six live areas
A sixth boil water area appeared on the Cape Coral map on Tuesday morning, immediately west of the Hancock Bridge Parkway area live since Monday. It covers 188 active addresses, almost all on Southeast Van Loon Terrace and the streets around it in 33990.
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Cape Coral
The planned water shutdown Cape Coral had been publishing for a week went active on Southeast 5th Place between 9.09 and 9.14 on Tuesday morning, and although its 17.86 acres make it the smallest of the city's five live boil water areas, 243 addresses sit inside it, 166 of them condominium units, which makes it the most densely populated area on the map by a factor of nearly two
The 4620 SE 5th Place shutdown, on the city's calendar since August 4, went active within a five minute window on Tuesday morning. It covers 243 addresses across twelve condominium communities in 33904. Cape Coral has five active areas.
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Finance
Beyond Meat's board had fifteen reverse split ratios to choose from, running as deep as 1-for-150, and took the third shallowest with three weeks left on the Nasdaq clock
The board selected 1-for-30 from ratios its stockholders pre-approved in November, and cut authorised common stock from 3,000,000,000 shares to 100,000,000. The Nasdaq compliance date is 31 August.
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Cape Coral
Cape Coral lifted both of its Skyline Boulevard area boil water notices fifteen seconds apart on Tuesday morning, clearing 469 addresses that had been boiling since Sunday, and the city's map is down from six areas to four
The city rescinded the 42.83 acre area at 909 Cape Coral Parkway West at 7.15.59 a.m. and the 9.74 acre area next to it at 7.16.14. They ran 47.9 and 44.4 hours. Four areas are still live elsewhere in the city.
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Finance
Green Thumb takes control of a Nasdaq company in October without buying another share, because the clause capping its stake at 49.99 percent is being deleted
Deleting a beneficial ownership cap lifts a Green Thumb subsidiary from 49.99 percent of RYTHM to about 89.9 percent. Green Thumb says it does not intend to exercise anything, and will consolidate RYTHM anyway.
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Fort Myers
Fort Myers seniors at Calusa Harbour face a 1,000 dollar charge for each hurricane evacuation, and Florida's price gouging statute only switches on once the Governor declares an emergency
Residents told WINK News that Sinceri Senior Living introduced a 1,000 dollar charge for each mandatory evacuation after taking over the Fort Myers community this year. Calusa Harbour says the fee covers transport, lodging and meals for independent living residents.
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Naples
Kelly Roofing customers who already paid in full are receiving construction liens from the supplier, and a new Kelly Roofing company was registered in Florida on August 5
WINK Investigates reported on Monday that ABC Supply has filed construction liens against at least two dozen Southwest Florida homeowners over materials supplied for Kelly Roofing jobs, including customers who had already paid the contractor in full.
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Economics
Britain's replacement labour force survey classifies fewer people as long term sick than the survey it is meant to replace, and the statistics office says the order of the answers may be part of the reason
The ONS published its August transformation update on Tuesday. A study of more than 5,000 people found the two surveys diverge most on types of inactivity, and the switchover is now a 2027 decision.
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Finance
NextEra has published the accounts of the company it would be if it buys Dominion Energy, and earnings per share are lower in both periods the filing shows
NextEra filed pro forma combined figures for the Dominion Energy merger on Monday night. Half year earnings per share go from $2.56 to $2.08, and the deal books $35.9bn of new goodwill.
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Finance
The SEC has sued Adit Ventures and its chief executive over pre-IPO fund stakes, and the defendants settled the same day without the amount being decided
The SEC alleges Adit Ventures Management and Eric Munson took undisclosed markups and fees on pre-IPO stakes. The defendants consented to judgment without admitting the allegations, and the court will set the money later.
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Accounting
Northann's auditor says it never authorised the audit report that appeared in the company's 2025 annual report, and the shares have been halted since June
Northann says its auditor resigned on 8 June and disclaimed the audit report attributed to it. The company now tells investors not to rely on its 2024 or 2025 accounts.
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Fort Myers
Lee County Utilities went from a clean map to a live precautionary boil water notice on Monday, after a 4 inch main break on Wittman Drive in the McGregor area south of Fort Myers, and the notice was still in force on Tuesday morning covering about fifty addresses
The county logged a 4 inch main break at 6953 Wittman Drive at 11.30 on Monday morning and drew a notice covering 6896 through 6943 Wittman Drive. It carries no lift date and is the only one on the county system.
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Economics
The Nuclear Regulatory Commission is amending one word of its rules, from shall to may, and the sentence it sits in is the one that guarantees a comment period after a rule is already made
A direct final rule published on Tuesday amends 10 CFR 2.804(e) by replacing shall with may, making a self-imposed post-promulgation comment period voluntary. It takes effect on 26 October unless significant adverse comments arrive.
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Economics
The Reserve Bank of Australia held its cash rate at 4.35 percent, and the forecast published in the same hour assumes the rate goes up to 4.5 percent before it comes down
The Monetary Policy Board left the cash rate target at 4.35 percent and said the decision was unanimous. The forecast published with it assumes a cash rate of 4.5 percent through 2027.
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Fort Myers
Lee County has two dengue cases this year and the state report attributes both to travel, while the four cases Florida mosquitoes actually transmitted sit in three other counties and neither Lee nor Collier is under an advisory
The state counted 51 travel-associated dengue cases for 2026 and four acquired in Florida, all four in Hillsborough, Miami-Dade and Palm Beach. Lee County Mosquito Control is testing trapped specimens at its Buckingham laboratory.
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Fort Myers
Lee County joins Collier under a heat advisory on Tuesday, the first day this week both halves of Southwest Florida are covered, with the window shifted an hour later at each end to noon until 7 p.m.
Two forecast offices wrote separate products before three in the morning. Tampa Bay carries Coastal and Inland Lee at an index of up to 109, and Miami carries both Collier zones at 105 to 110.
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Economics
The antidumping order on the refrigerant R-32 from China has been continued for another five years, and the notice announcing it does not contain the number the decision rests on
Commerce has continued the antidumping duty order on difluoromethane from China, applicable 4 August 2026. The May sunset findings put the dumping margins likely to prevail on revocation at up to 221.06 percent.
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Economics
Customs has finally written the ship-to-ship crew classifications a 2023 statute created, and the benefit column of its own table says one of the changes will have no benefits
Customs and Border Protection has issued a final rule adding the C-4 and D-3 classifications for crews performing ship-to-ship liquid cargo transfers. The statute behind it was enacted on 5 January 2023.
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Economics
The DEA has proposed moving three insomnia drugs down a schedule, and the proposal states that the schedule they are leaving and the one they are joining carry identical controls
The Drug Enforcement Administration has proposed transferring suvorexant, lemborexant and daridorexant from schedule IV to schedule V. Its own document says the two schedules carry identical regulatory controls and administrative sanctions.
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Naples
The 16 year old who walked out of her Golden Gate Estates home on July 31 has been found safe in New Jersey, the Collier County Sheriff's Office has confirmed, and her father says the call reached him about four o'clock on Monday afternoon
Sophia Veronica Cover, missing from Golden Gate Estates since July 31, has been found safe in Cherry Hill, New Jersey, Gulf Coast News reports, and the Collier County Sheriff's Office confirmed it. The state clearinghouse flyer still listed her as missing early Tuesday.
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Finance
The Texas Stock Exchange has reopened applications for a programme that hands members warrants over its own parent, and the vesting target is measured against the whole American market rather than against the exchange
Texas Stock Exchange has filed to add four tickets to its Rodeo Program and reopen the application window. A ticket costs a $250,000 prepayment fee and is redeemable for warrants over 100,000 shares of its parent.
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Fort Myers
The National Hurricane Center has raised the Cabo Verde disturbance from 60 percent to 70 percent over seven days in its 8 p.m. outlook and hardened its language from a depression that could form to one that will likely form, while still placing nothing in the Atlantic within reach of Southwest Florida
The 8 p.m. outlook moves the west Africa system to 30 percent over 48 hours and 70 percent over seven days, and says a tropical depression will likely form later this week. Nothing is near Florida and no cyclones exist in the Atlantic.
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Small Business
The FDA wants to end the arrangement that lets a company decide for itself that a food ingredient is safe and never tell the agency, and the penalty for ignoring the new rule is a place in a queue
The Food and Drug Administration has proposed making GRAS notification mandatory for substances added to human and animal food. Comments run 120 days, and firms would get 18 months after any final rule takes effect.
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Tax
Federal mileage rates changed in the middle of the year for only the second time since 2017, and the notice telling agencies about it arrives six weeks after the rates began to apply
The General Services Administration has raised the federal automobile rate to 76 cents a mile, the relocation rate to 23.5 cents and the privately owned airplane rate to $1.935, applying to travel performed since 1 July.
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Cape Coral
The gas leak that emptied buildings along two blocks of southeast Cape Coral on Monday morning is over, with the fire department saying the hazard has been mitigated and the evacuation request rescinded, several hours after an excavator struck the line behind a seafood business on Southeast 47th Terrace
The Cape Coral Fire Department says the Southeast 47th Street gas leak has been mitigated and the evacuations rescinded. An excavator struck a natural gas line behind Merrick Seafood on Monday morning.
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Fort Myers
The Fort Myers Police Department has confirmed an active death investigation on Black Eagle Lane, the residential street off Colonial Boulevard inside the Heritage Palms golf community, and two Southwest Florida newsrooms reporting from the scene say part of the street was taped off on Monday evening with no cause released by the department
Fort Myers police have confirmed an active death investigation on Black Eagle Lane, off Colonial Boulevard by Heritage Palms. WINK News says officers taped off part of the street. No cause has been released.
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Cape Coral
The National Weather Service has two special weather statements running over Lee County until 7.15 p.m. Monday, one issued at 6.37 p.m. for Cape Coral, Punta Gorda and the Burnt Store corridor and a second at 6.47 p.m. for Estero, San Carlos Park and Lehigh Acres, both carrying radar indicated gusts of 40 to 50 mph
Two separate storms, two statements, both to 7.15 p.m. One covers Cape Coral and central Charlotte, the other southeastern Lee from Lehigh Acres to Estero. Both carry radar indicated gusts of 40 to 50 mph. Collier is in neither.
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Technology
Rapid7 is cutting about 12 percent of its workforce, and the board signed the plan off three days before the quarter went out
Rapid7's board approved a restructuring plan on 7 August that cuts roughly 12 percent of staff, at an estimated $10m to $11m in charges, mostly cash and mostly falling in the second half of 2026.
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Finance
Nike's incoming finance chief will take the accounting officer's chair as well, eighteen days after he starts the first job
Nike's chief accounting officer resigns on 4 September, and the same day David Denton, who becomes chief financial officer on 17 August, is designated principal accounting officer until a successor is found.
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Naples
Naples Zoo is shut all week for scheduled maintenance, a closure its own site dates from Monday through Friday, August 14, and one worth checking before you drive over with visitors or turn up on a membership expecting to get in
A banner on the Naples Zoo site says the zoo is closed for maintenance from August 10 through August 14. Gulf Coast News, which reported the closure on Monday morning, adds that first responders will get free admission once it reopens.
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Fort Myers
The Lee County Sheriff's Office shut McGregor Boulevard in both directions at Bay Drive on Monday afternoon after power lines came down across the road, and its advisory to avoid the area was still the agency's most recent public word on it more than two hours later, with no reopening announced by either the sheriff or the outlet carrying it
The Lee County Sheriff's Office says both directions of McGregor Boulevard are shut at Bay Drive because of downed power lines, with cars diverted. Gulf Coast News logged it at 2.58 p.m. No all clear had been posted by 5.03 p.m.
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Finance
Skyworks has borrowed $2bn to pay for Qorvo, and the middle of the three tranches is the one it keeps whether or not the merger ever closes
Skyworks issued $800m of 5.000 percent notes due 2028, $600m of 5.750 percent due 2032 and $600m of 6.250 percent due 2036 on Monday, toward roughly $3.00bn of cash consideration for Qorvo.
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Finance
Amneal has closed its purchase of Kashiv BioSciences, and the shares it handed the sellers count toward the ownership of the founding group that some of those sellers belong to
Amneal paid $375m in cash and issued 28,942,098 Class A shares for all of Kashiv BioSciences on Monday. Up to $350m more rides on regulatory milestones for six product candidates.
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Bonita Springs
A crash with a roadblock landed on Bonita Beach Road at the Interstate 75 interchange in Bonita Springs at a quarter past four on Monday afternoon, and the Highway Patrol entry was off the state dispatch board about ten minutes later
The Highway Patrol logged a vehicle crash with a roadblock at Bonita Beach Road and Interstate 75 at 4.15 on Monday afternoon, stamped it again at 4.20, and the entry was gone from the state dispatch board by 4.25.
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Finance
Southwest has put the chief executives of Rocket Companies and Royal Caribbean on its board, and the compensation schedule filed alongside the appointments turns free flights into a benefit measured in decades
Southwest Airlines appointed Varun Krishna and Jason T. Liberty to its board on Monday, effective immediately, taking it to thirteen members. Neither was placed on a committee.
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Cape Coral
The largest shape on Cape Coral's water map, a 47 acre area at 1957 Diplomat Parkway East that the city had listed since August 6 as a planned shutdown for 9 a.m. on August 12, moved on to the active boil water layer on Monday afternoon, two days ahead of its published date and with no explanation posted, taking the city to six live areas and about 202 acres
The 47.23 acre area at 1957 Diplomat Parkway East sat on Cape Coral's scheduled shutdown layer until Monday morning, set for August 12. It is now on the active boil water layer, and the city has published no explanation. Cape Coral has six active areas.
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Tice
Lee County deputies opened an investigation after a dog was found dead in a driveway on Nuna Avenue in Tice, and the sheriff's office says the injuries are believed non-suspicious with a necropsy still to come
Deputies and animal control officers went to a home on Nuna Avenue off Ortiz Avenue in Tice on Monday after a dog was found dead in the driveway. A preliminary examination did not concern them.
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Finance
LiveRamp has published the valuation ranges its stockholders went to court over, and three of the four trading comparables stop short of the price Publicis agreed to pay
LiveRamp filed supplemental proxy disclosures on Monday morning, a week before the 17 August vote on the $38.50 Publicis deal and after three stockholder suits. The company says the additions were not required and denies the allegations.
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Cape Coral
Two more precautionary boil water areas went on to the Cape Coral map on Monday morning, one of them around a water main break on Hancock Bridge Parkway logged at 10.22 and the other a second shape at an address already under notice since Sunday, taking the city to five live areas and about 155 acres
The city logged a main break at 428 Hancock Bridge Parkway at 10.22 on Monday and drew a 33.91 acre area around it. A second shape at 909 Cape Coral Parkway West also appeared. Cape Coral now has five active areas.
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Cape Coral
Buildings along two blocks in southeast Cape Coral were asked to leave on Monday morning after an excavator struck a natural gas line behind a seafood business, and the police department is telling anyone still in the area to keep heat and open flame away from it
The Cape Coral Police Department reported a gas leak in the 1300 block of Southeast 47th Street and asked two blocks to evacuate as a precaution. The fire department says an excavator hit the line behind Merrick Seafood, and TECO is on scene.
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Tax
An employer may put $2,500 a year into a child's Trump account tax free, and the proposed rules say it may not choose which firm holds the account
Treasury and the IRS have proposed the first regulations on employer contributions to Trump accounts. The exclusion is capped at $2,500 per employee, and a programme that steers contributions to a chosen trustee does not qualify at all.
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Small Business
The SBA has struck the racial presumption out of the 8(a) programme, and the test replacing it names the old rule itself as evidence an applicant may cite
The Small Business Administration has finalised the removal of the rebuttable presumption of social disadvantage for individually owned 8(a) firms. It takes effect 30 days after publication and reaches every pending individual application.
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Cape Coral
A third Cape Coral neighbourhood went under a precautionary boil water notice on Monday morning after a water main break on SE 10th Avenue, and the 45.51 acre shape the city drew around it is the largest of the three areas now in force, while the notice issued on Friday has run into a fourth calendar day
The city logged the break at 2213 SE 10th Avenue at 8.13 on Monday morning. The shape covers 45.51 acres between about SE 21st Street and SE 24th Street, and is the largest of three areas Cape Coral now has active.
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SW Florida
Collier County's bed tax goes to a countywide vote on November 3, and the question on the ballot is whether visitors pay a sixth penny to finish the Paradise Coast Sports Complex
Collier voters decide on November 3 whether to raise the tourist development tax from 5 percent to 6 percent on lodging stays of six months or less. The county estimates the extra penny at 9.7 million dollars a year from January 1, 2027.
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Technology
Evolv is settling three derivative cases without paying a dollar, and what it gave instead is five years of rules written into its own charters
A federal judge in Massachusetts has preliminarily approved a settlement of three derivative cases brought on behalf of Evolv. The company pays nothing, its insurers pay $1.275m of plaintiff fees, and the governance terms run five years.
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Accounting
A mandatory partner rotation put an entire audit out to tender at National Energy Services Reunited, and Grant Thornton lost it while keeping one more year of work
The audit committee of National Energy Services Reunited dismissed Grant Thornton's Dubai branch after a competitive tender and appointed PwC's Dubai branch from the 2027 financial year. Grant Thornton still audits 2026.
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Finance
A Brown & Brown executive resigned for good reason on Monday, and the agreement filed the same hour keeps him on the payroll until July and paying out until August 2028
Brown & Brown filed a transition agreement with P. Barrett Brown, an executive vice president and named executive officer, whose voluntary resignation for good reason took effect immediately. The stated cash runs to August 2028.
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Finance
Ryman is paying $1.38bn for two hotels in Orlando, and the earnings figure that price was set against came from the seller
Ryman Hospitality Properties has agreed to buy the JW Marriott and Ritz-Carlton at Grande Lakes for $1.38bn. The 12.5 times multiple rests on unaudited figures the seller supplied.
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Fort Myers
Firefighters cut the windshield out of a car to free a driver trapped in a single vehicle rollover on Bald Cypress Circle in Fort Myers, and the driver was taken to hospital for evaluation
South Trail Fire Protection and Rescue Service District crews freed a driver trapped after a single vehicle rollover on Bald Cypress Circle on Saturday. Firefighters report the car struck a palm tree and rolled onto its side.
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Cape Coral
A lightning strike set trees on fire along Southwest Second Terrace in Cape Coral during Sunday's storm, and the fire department has confirmed the cause while publishing no incident release of its own
Trees along Southwest Second Terrace caught fire after a lightning strike during Sunday's storm, and the Cape Coral Fire Department confirmed the cause. Neither the department nor the newsroom has reported an injury or a damaged home.
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Tax
Treasury has published the boycott list again after a seven month gap, and the eight countries on it are the same ones it named in 2021
The Treasury list of countries that require or may require cooperation with an international boycott names the same eight as every notice since April 2021. The statute requires publication at least quarterly.
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Fort Myers
The National Hurricane Center is carrying three areas of interest in the Atlantic a month before the climatological peak of the season, and not one of them is anywhere near Southwest Florida, with the highest seven day formation chance sitting at 60 percent thousands of miles away off west Africa
The 2 a.m. outlook gives two areas a 10 percent chance over seven days and the third 60 percent. That one sits south of the Cabo Verde Islands, off west Africa. No tropical cyclones exist in the Atlantic this morning.
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Fort Myers
Every precautionary boil water notice on the Lee County Utilities map now carries a lift date, leaving the county water utility with none in force, while Cape Coral, which runs its own system, still has two areas under notice and one of them is into a fourth day
A count run against the Lee County Utilities notice layer returns zero records without a lift date. The last three came off on Sunday morning. Cape Coral runs its own water system and its map still shows two live areas.
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Naples
Collier County is the only part of Southwest Florida under a weather product on Monday, a heat advisory written at 2.38 in the morning for a heat index of up to 110 between 11 a.m. and 6 p.m., while Lee County carries nothing at all
The National Weather Service office in Miami issued the advisory for Coastal Collier and Inland Collier at 2.38 a.m. It is one of only three alerts active in the whole of Florida, and no Lee County zone appears in any of them.
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Economics
Norway's inflation rate rose to 3.0 percent in July, and Statistics Norway puts the whole of the increase on electricity and grid rent
Norway's consumer price index rose 3.0 percent on the year in July, up from 2.7 percent in June. Statistics Norway attributes 0.3 percentage points of that to electricity including grid rent, which is the entire rise.
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Economics
Japan's economy watchers rated the present better for a third month, and the Cabinet Office added the Kumamoto earthquake to its outlook line
Japan's current conditions index rose 1.7 points to 45.7 in July, a third straight rise and still below the neutral 50. The Cabinet Office's outlook sentence now names the Kumamoto earthquake.
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SW Florida
Early voting is open in Collier and Lee through August 15, and the property tax amendment is not the thing on this ballot
Both counties run early voting from 10 a.m. to 6 p.m. daily through Saturday, August 15, at 11 sites in Collier and 12 in Lee, and a registered voter may use any of them. The vote-by-mail request window has already closed.
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Economics
Japanese bank lending slowed to 5.4 percent in July, and foreign banks lending yen inside Japan grew at 28.3 percent
Lending by Japan's major, regional and shinkin banks rose 5.4 percent on the year in July, down from 5.7 percent in May and June. Foreign banks' yen lending in Japan rose 28.3 percent.
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Economics
The Bank of Japan held rates in July, and the opinions published this morning include one saying it cannot be said that the risk of waiting is marginal
The Bank of Japan published the opinions from its July 30 and 31 meeting. One says the focus has moved from lifting inflation to preventing an overshoot, and another that hikes could run faster than markets expect.
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Fort Myers
The crash the Florida Highway Patrol had open on Interstate 75 northbound at the Palm Beach Boulevard interchange in Fort Myers carries a clearance stamp of 8.01 on Sunday evening, and the entry has since dropped off the state dispatch board altogether
The state board logged the crash at 7.32 p.m. at mile marker 141 and never moved its remarks off unknown roadblock. A clearance stamp of 8.01 p.m. was on the row by 8.04, and two reads at 8.06 do not carry it.
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SW Florida
Two fire districts worked an underground gas leak at the Sky Sail community in Collier County on Sunday after a pipe was struck by construction digging, and crews held it with clamps until the gas utility arrived
Gulf Coast News reports that North Collier and Greater Naples fire crews responded to an active gas leak at the Sky Sail community on Sunday after construction digging damaged an underground pipe, and controlled it until TECO Gas arrived.
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Cape Coral
Veterans Parkway in Cape Coral has reopened, and the newsroom that first carried the closure has now matched the death and added an account from a witness who says she called 911 and did chest compressions at the roadside
Gulf Coast News, updating its Sunday morning story at 6.49 p.m., reports that Veterans Parkway has reopened and carries an account from a Cape Coral witness who says she called 911 and performed CPR. Police have not stated a cause.
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Economics
The EPA has preliminarily found that both dichlorobenzenes present unreasonable risk to human health, and it opened the file on them in December 2019
Draft risk evaluations for o-dichlorobenzene and p-dichlorobenzene publish on Monday, with comments closing 9 October. The agency says no external peer review is needed because the methods were reviewed on other chemicals.
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World
The President has certified Colombia's aerial drug interdiction for another year, and the memorandum goes to the Secretary of War where last year's went to the Secretary of Defense
Presidential Determination 2026-20 was signed on 3 August and publishes on Monday. Its two findings about Colombian airspace match last year's. Only the department named at the top has changed.
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SW Florida
Florida has counted 14 Vibrio vulnificus infections and two deaths so far this year, two of the cases in Lee County and none in Collier, and the state's own numbers run close to an ordinary year even as Louisiana drives the Gulf Coast surge in the headlines
State health department figures current through August 6 put Florida at 14 Vibrio vulnificus cases and two deaths for 2026, with two cases in Lee County and none in Collier. Louisiana, not Florida, is where the count is running well above its decade average.
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Personal Finance
The Railroad Retirement Board has called a second part of its rulebook facially unlawful, and this one decides whether the Board or Social Security pays a railroad worker
The old text sent employees with under ten years of service, and divorced spouses, to the Social Security Administration. The statute stopped saying that in 2001 and, for divorced spouses, in 1981.
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Tax
The IRS puts the annual cost of filing business tax returns at $131bn, and the same notice says the figure is not final
The IRS filed its yearly Paperwork Reduction Act notices for business and for trust and estate returns on Friday. Both carry preliminary burden estimates and say the numbers were not finalised before release.
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World
A vessel was reported struck by a projectile east of Khasab on Saturday, the sixth entry the maritime log has taken in that stretch of water in nine days
United Kingdom Maritime Trade Operations logged Warning 108-26 on 8 August, 18 nautical miles east of Khasab, Oman. The strike started a fire that has been put out, and the crew are reported safe.
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Economics
Cash deposits of up to 100.95 percent have been due on Chinese truck bed covers since the end of July, and the dumping half of the case has not reported yet
The International Trade Commission has scheduled the final phase of the truck bed cover investigations and set a hearing for 15 October. Commerce set preliminary subsidy rates from 8.72 to 100.95 percent.
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Economics
China's headline inflation rate halved in July and the measure that leaves out food and energy moved by a tenth of a point, because almost all of the difference was fuel
China's consumer price index rose 0.5 percent on the year in July, down from 1.0 percent in June. The measure excluding food and energy eased only to 0.9 percent, and transport fuel fell from 15.3 percent to 0.8.
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Economics
Chinese coal prices at the mine gate rose 27.1 percent on the year in July and oil and gas extraction slowed to 3.2 percent, and the two numbers sit in the same table
China's producer price index rose 3.5 percent on the year in July and fell 0.7 percent on the month. Coal mining accelerated to 27.1 percent while oil and gas extraction dropped from 16.8 percent to 3.2.
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Economics
Commerce has opened dumping cases on stainless pipe from India, Türkiye and the UAE, and an order it wrote ten years ago now blocks it from picking Indian respondents the usual way
Commerce initiated antidumping investigations into welded stainless line and pressure pipe from three countries, plus subsidy cases against India and Türkiye. Alleged margins run as high as 187.33 percent.
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Finance
HUD is selling reverse mortgages on 1,500 occupied houses whose borrowers are dead, and the contract now carries the first look requirement January said it would not
HUD will offer about 1,500 due and payable reverse mortgage notes with a balance near $465m, down from 2,500 and $730m in January. Bids close on 1 September, nearly seven months late.
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Lehigh Acres
A Lee County jury has found Reginald Cutts of Lehigh Acres guilty on every count including human trafficking, after a four day trial over crimes against one child, and the state attorney's office has set sentencing for September 28
The state attorney's office says the jury returned guilty verdicts on all seven counts after a four day trial, among them human trafficking, familial sexual battery and two counts of possession of child pornography. Sentencing is September 28.
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Personal Finance
The Railroad Retirement Board has called part of its own rulebook facially unlawful, and the earnings figure inside it has been wrong since 2007
The Board's regulation still capped a disability annuitant's outside earnings at $400 a month, a figure Congress replaced in 2007. The statutory limit for 2026 is $1,320. A rule filed Friday fixes it without asking for comment.
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Finance
Treasury has designated an Iranian exchange network down to its wallet addresses, and says the Dubai arm kept trading after its own regulator acted twice
OFAC designated Siavash Kayvanpour and six companies on Friday over Iranian digital asset exchanges, and published their bitcoin, ether, tron and solana addresses on the list itself.
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Naples
The Collier County Sheriff's Office is looking for a 41 year old man last seen on foot on Crosspointe Drive near Immokalee Road and US 41 on Friday morning, and no update has been published in the day and a half since the appeal went out
Michael Paul Gianino was last seen about 10.20 a.m. on Friday on Crosspointe Drive, in the area of Immokalee Road and US 41 North, and he was on foot. The sheriff's office asks anyone who knows where he is to call 239-252-9300.
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Personal Finance
Treasury will pay a retirement match of up to $1,000 from the 2027 tax year, and the notice issued on Friday says the money can only reach an IRA whose provider has registered with the government
Notice 2026-48 sets out how the SECURE 2.0 Saver's Match will be claimed. It runs on a new Form 8880-A, requires an IRA tracking number issued to a registered provider, and takes comments until 5 October.
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Cape Coral
Cape Coral police say the overnight crash that closed Veterans Parkway near Chiquita Boulevard was a single vehicle and that one person was killed, three hours after the first report of it carried no injury information at all
WINK News reported at 6.40 a.m. Sunday that Cape Coral police describe the Veterans Parkway crash near Chiquita Boulevard as a one vehicle crash in which one person died. Nobody has been named, and the department says the circumstances remain under investigation.
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Cape Coral
Cape Coral has put a precautionary boil water notice over 43 acres around Skyline Boulevard and Cape Coral Parkway West, the same streets police closed on Saturday for a water main break, and the city's own address layer puts 367 active addresses inside the shape
The city logged the area at 7.22 a.m. Sunday, break address 909 Cape Coral Parkway West, cause water main break, no lift date. At 42.83 acres it is the largest area live on the map and covers the streets closed on Saturday.
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Fort Myers
Fort Myers council decides on August 17 whether Royal Palm Square can grow, and Lee County's roll already carries the site cut into seven tracts across 14.10 acres
The amendment would take the Colonial Boulevard project from 12.64 to 14.09 acres and add 93 apartments, against a 4 to 2 planning board vote to deny. County records already show the land replatted into seven tracts totalling 14.10 acres under one owner.
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Bonita Springs
A crash blocked Interstate 75 southbound at mile marker 119 in Bonita Springs just before one o'clock on Sunday morning, and the Florida Highway Patrol had the lanes back and the entry off its board within about twenty two minutes
The Highway Patrol logged the crash at 12.58 a.m. with a southbound roadblock, stamped the entry again at 1.04 a.m. and 1.19 a.m., and carried no Lee or Collier incident at all by early Sunday morning.
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Cape Coral
A crash investigation was blocking both directions of Veterans Parkway in Cape Coral between Southwest 20th Avenue and Chiquita Boulevard before four o'clock on Sunday morning, and no reopening had been reported three hours later
Cape Coral officers were investigating a crash on Veterans Parkway between Southwest 20th Avenue and Chiquita Boulevard at 3.49 a.m. Sunday, with both directions blocked. No injury information has been released.
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Cape Coral
A water main break closed southbound Skyline Boulevard and part of Southwest 47th Terrace in southwest Cape Coral on Saturday afternoon, and no reopening had been announced by the police department or the outlet that reported it by early Sunday
Cape Coral police closed southbound Skyline Boulevard from Southwest 47th Street to Cape Coral Parkway, and Southwest 47th Terrace from Skyline to Southwest 8th Place, while utilities crews repaired a main and flushed hydrants.
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North Fort Myers
The Florida Highway Patrol has a crash open on Interstate 75 northbound at mile marker 142 in North Fort Myers this Saturday afternoon, and its own dispatch board states the roadblock status there is unknown
The state board logged the crash at 2.16 p.m. with the remarks field reading unknown roadblock and no unit stamp beside it. Two direct reads at 2.26 and 2.27 p.m. carry the entry unchanged.
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Cape Coral
A Lee County middle school teacher is being held in the county jail on eleven felony counts filed by state agents, and the booking record shows why the count is eleven rather than one, because Florida law makes each individual image its own separate offence
The Lee County booking record shows Graham Freeman, 56, of Cape Coral booked Thursday on eleven counts filed by state agents: ten child pornography counts at 500,000 dollars of bond each, one animal cruelty count at 100,000. He remained in custody Saturday.
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Economics
USTR asked in February how a reference price for a critical mineral should be calculated, and on Friday Treasury welcomed a data company publishing five of them
Treasury welcomed new S&P Global reference prices for gallium, germanium, tungsten, antimony, neodymium and praseodymium. The trade framework they would feed sets mineral-specific price floors enforced at the border.
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Finance
A $3,000 transfer out of two Minnesota counties will carry the recipient's date of birth, telephone number and email address to FinCEN
FinCEN renewed the geographic targeting order covering banks and money transmitters in Hennepin and Ramsey Counties. It takes effect on 11 August, runs to 6 February, and reaches cross-border transfers of $3,000 or more.
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Bokeelia
The Bokeelia boil water notice has been cleared, and the utility took it down about forty four and a half hours after it shut the main off, which is sooner than its own stated minimum implied
Greater Pine Island Water Association posted at 10 a.m. Saturday that the Bokeelia notice is cleared and the Lee County Health Department has deemed the water safe. It came down 44 and a half hours after the shutoff.
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Accounting
Miss the thirty-day deadline and the State Department may impose the maximum penalty with no right of appeal, under a rule that took effect without anybody being asked
A final rule effective on publication replaces the State Department's forty-seven fraud recovery sections with six, implementing the renamed Administrative False Claims Act. The civil penalty is $14,308 and the administrative ceiling is $1,000,000.
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Technology
3D mammography has sat in the FDA's highest risk class for fifteen years, and not because anybody decided it belonged there
The FDA proposes to reclassify digital breast tomosynthesis systems from class III to class II, so a new system would need a 510(k) clearance rather than premarket approval. Comments run 60 days.
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Small Business
Nine thousand drivers a year would be parked at the Mexican border under a rule that mostly writes down what inspectors are already doing
The Federal Motor Carrier Safety Administration proposes to codify English language proficiency as an out-of-service violation and to narrow the border commercial zone exception. It estimates 9,000 drivers a year and $14.4 million in annual cost.
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Naples
Westbound White Boulevard is open again at 31st Street Southwest in Golden Gate Estates, after a crash the Florida Highway Patrol logged as involving injuries held the road for about an hour and a half this morning
The Florida Highway Patrol received the call at 8.21 a.m. and a trooper arrived at 8.33. The state dispatch board still described a westbound roadblock at 9.39 a.m. and read ROADWAY CLEAR by 9.49.
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Finance
The table in the CFIUS annual report that puts Chinese investors top of the filing list also says, four paragraphs later, that on distinct deals they are not
Treasury published the 2025 CFIUS report on Friday. It records 207 covered notices, 140 declarations, two presidential decisions, and 62 official inquiries opened into deals nobody filed.
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Finance
Overnight trading gets price limits from 6 December, and the band switches off at 4 a.m. so that pre-market earnings news can move a stock as far as it likes
The SEC approved the twenty-seventh amendment to the limit up-limit down plan. Bands run 20 percent either side of two reference prices, from 9 p.m. to 4 a.m., with no automatic pauses.
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Economics
The Medicare pathway built two years ago to speed coverage of breakthrough devices is being paused for new applicants, and the replacement filed on Friday admits far fewer devices
CMS proposes the RAPID pathway, under which a proposed national coverage determination posts the same day a device is authorised. TCET closes to new candidates on publication, 11 August.
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Economics
The Energy Department has published three plans that let named uranium and reactor companies work on supply together, and the antitrust defence that comes with them requires a Justice Department or FTC lawyer in the room
Three plans of action under section 708 of the Defense Production Act cover uranium mining, conversion, enrichment and reactor components. Eleven companies are named as committing uranium data.
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Naples
A Naples community's activities director has been charged with grand theft after Collier County detectives said she told residents for two years that she had cancer, and GoFundMe has refunded more than forty one thousand dollars to the people who gave
The Collier County Sheriff's Office says Maribeth Jones, 51, took more than $40,000 from 238 Winding Cypress residents while claiming cancer treatment. She is charged with grand theft, a second degree felony. She has not been convicted.
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Fort Myers
Two of the three northbound lanes of the Edison Bridge have been closed since eight o'clock last night and are not due back until around noon today, which is six hours later than the nightly closures on this bridge normally end
The Florida Department of Transportation closed the northbound outside lanes and shoulder of the Edison Bridge at 8 p.m. Friday and expects them back around noon Saturday. The inside lane stays open. Nightly closures here normally clear at 6 a.m., but the joints must cure.
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SW Florida
The Lee County Sheriff's Office has asked commissioners for 41 million dollars more next year, and the county's own budget book shows the office already costs 342 million, against 193 million eight budget years ago
Gulf Coast News reported on August 7 that the Lee County Sheriff's Office has proposed a 41 million dollar budget increase. The county's adopted budget book already puts the office at 342,016,977 dollars, against 193,485,197 eight budget years ago.
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SW Florida
Collier County has set the property tax rates that will print on this month's TRIM notices at exactly last year's numbers, and because taxable value rose 3.5 percent that flat rate still raises 21 million dollars more
Collier commissioners set the FY2027 maximum rates on July 14 at last year's millage, holding the countywide General Fund at 3.0107. Taxable value rose 3.50 percent, so the flat rate raises 640.9 million dollars against 619.8 million last year.
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Finance
Trump Media, Crypto.com and Yorkville have torn up the deal that was to create a CRO treasury company, and each side walks away paying its own costs
A mutual termination agreement ends the business combination announced in August 2025, together with every ancillary document. The parties cite market conditions, and no break payment appears in the filing.
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Economics
HUD wants the same four paragraphs out of its civil rights rules that Treasury deleted a week ago, and it is reopening a comment period that will only accept comments on the new part
A supplemental proposal would strip disparate impact language from HUD's Title VI regulations at 24 CFR 1.4. Unlike Treasury's version, this one runs through notice and comment.
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Naples
The state layoff notice behind Collier County's bus contract change lists 151 jobs at the Radio Road depot, and the union says nothing in law guarantees the incoming operator will carry over wages, benefits or the bargaining unit
MV Transportation filed a state layoff notice on July 30 covering 151 employees in Naples, with separations dated September 30 through October 13, as Collier Area Transit operations pass to WeDriveU. The county says riders should expect no interruption.
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Fort Myers
The Florida Highway Patrol has an injury crash open on Palm Beach Boulevard at Davis Boulevard in Fort Myers this Saturday morning, and its own board does not say whether the road is blocked, only that the roadblock status there is unknown
The state board logged the crash at 5.32 a.m., its remarks read that the roadblock status is unknown, and four readings to 5.48 a.m. carry no clearance stamp. A second Lee entry went up at 5.46 a.m. on Interstate 75.
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Cape Coral
Cape Coral has one boil water area live this morning, a 23 acre shape at 3622 SE 5th Court that went up on Friday morning and has not moved since, and it replaced a notice the city had carried at 1135 SE 13th Street for 94 hours
The city rescinded the 1135 SE 13th Street notice at 8.41 a.m. Friday after 94.5 hours, in the slowest 17 percent of its year. A 22.93 acre area at 3622 SE 5th Court went up two hours later and is still active.
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Technology
Congress was told the H-1B and L-1 biometric fee would raise $420m a year, it raised $25.6m last year, and Homeland Security has now rewritten the rule that decides who pays it
A final rule extends the $4,000 H-1B and $4,500 L-1 fee to all extension petitions from covered employers, not only those that change employer. DHS puts the transfer at $37.9m in fiscal 2026.
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Tax
The 1099-K backup withholding threshold is now $20,000 and 200 transactions, and crossing it once puts a seller under withholding on every payment the following year
Final regulations align backup withholding on third party network transactions with the restored reporting threshold. A payee who exceeds it in one year is subject to withholding on every payment in the next.
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Economics
Payrolls fell by 23,000 in July and the Bureau of Labor Statistics called that little changed, and the revisions took another 103,000 out of May and June
Nonfarm payroll employment fell 23,000 in July and the unemployment rate held at 4.1 percent. Revisions cut the published May and June estimates by a combined 103,000.
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Economics
Euro area services output rose 0.8 percent in May, and hotels and restaurants were the only industry in the whole index that shrank
Accommodation and food services fell 1.0 percent on the month and 1.8 percent on the year, while every other service industry grew. Denmark was down 14.0 percent against May 2025.
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Technology
Levi Strauss says an intruder talked its way onto three employees' company laptops and took corporate files, and it filed the disclosure in the voluntary slot
The company says social engineering gave an unauthorised third party access to three company-issued computers and that corporate information was exfiltrated. It says no consumer data was affected.
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Technology
SK hynix approved two new memory fabs at one board meeting, and the pair together come to 45 percent of the company's entire equity
The board approved 35.2 trillion won for Fab 2 at Yongin and 19.1 trillion won for M17 at Cheongju. Total equity at the end of 2025 was 120.7 trillion won. Both builds run to 2031.
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Finance
Beazer Homes has agreed to sell itself for $33.50 a share in cash, and its own balance sheet, filed the same minute, carries the stock at $41.97
Dream Finders Homes will buy Beazer at an enterprise value of about $2.2bn, a price the companies put at 0.8 times book. Beazer withdrew its outlook and cancelled Monday's earnings call.
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Finance
Goodwin has confirmed it may sell a substantial part of its mechanical engineering division, and the announcement names the five businesses inside it
The board said a strategic review is under way and that the options include selling a substantial part of the division holding GSC, GI, Noreva, Easat and Pumps. Rothschild is advising.
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Economics
German exports set an all time record in June, and exports to the United States fell 14.2 percent in the same month
Exports reached 139.3bn euros on a calendar and seasonally adjusted basis, above the September 2022 record. America stayed the largest single destination while taking 14.2 percent less than in May.
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World
A vessel was reported sunk off Yemen, and the newest Hormuz entry was downgraded from attack to advisory because the intended target could not be identified
United Kingdom Maritime Trade Operations has added four numbered incidents since 3 August, two off Oman and two off Yemen. One vessel was attacked by an uncrewed surface vessel and reported sunk.
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Accounting
Sumitomo Pharma has answered a short seller point by point, and the number in the report's title turns up in the company's own reply
Sumitomo Chemical filed its subsidiary's rebuttal of a Gotham City Research report to the Tokyo exchange on Friday afternoon. The reply says 116.2 billion yen of a 164.5 billion yen intra-group dividend was charged against carrying value.
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Finance
ENEOS is buying the largest butadiene producer in North America, and the section of the filing where the price goes says the two sides agreed not to say
ENEOS Holdings will take TPC Holdings of Houston by merger in October, lifting its butadiene capacity to third in the world. The disclosure withholds the price under a confidentiality agreement.
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Finance
Kirin is paying C$45.75 a share for Jamieson Wellness, and the auction that produced that price began with an approach from somebody else
Kirin Holdings will take Jamieson Wellness private for C$45.75 a share in cash, about C$2.0bn of equity value. The sale process started after an unsolicited approach from a different party in March.
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Fort Myers
The crash that blocked the left and centre lanes of Daniels Parkway at Danport Boulevard in Fort Myers cleared about half an hour after it was logged, and the debris the same board had across the southbound lanes of Interstate 75 a third of a mile away has gone with it
The Florida Highway Patrol logged the crash at 12.26 a.m. with the left and centre lanes blocked, and stamped it 01:01:13 with its remarks changed to no roadblock. The debris entry on Interstate 75 southbound at mile marker 131 is off the board too.
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Fort Myers
The consultant Fort Myers hired to scope the redevelopment of City of Palms Park is run by a man whose Marco Island home federal prosecutors are trying to seize, and the city says it is proceeding as planned for now
Fort Myers paid Card and Associates 66,237.50 dollars of a 356,180 dollar contract for City of Palms Park. A federal forfeiture complaint alleges the firm's founder put over 2.2 million dollars of Indiana public money toward a Marco Island house. He is not criminally charged.
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Economics
A proclamation signed on Thursday puts a floor price under imported polysilicon, and an importer whose documentation is materially inaccurate is barred from the product permanently
The Section 232 action sets minimum import prices of $21 a kilogram for polysilicon and $0.38 a watt for solar modules, and adds a 15 percent duty on derivatives. Both start on 4 December.
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Naples
A plan to turn a 542-acre former Ford test track in eastern Collier County into a private motorsports club with homes has drawn close to 10,000 petition signatures and objections from two conservation groups
The Hyper Club wants county and federal approval to add 100 homes, two circuits and a members club at the old Florida Evaluation Center. Opponents say it takes panther habitat and about 142 acres of wetlands.
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Fort Myers
Fort Myers police taped off part of a shopping plaza on Ramsey Way and searched a preschool after a driver ran from a traffic stop, and everyone inside the school was found safe
Police say a driver fled an attempted traffic stop in the 5200 block of Ramsey Way and may have gone into a childcare centre. Staff and children were moved out, the search found nobody, and officers are still looking.
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Technology
Nielsen is buying DoubleVerify for $13.60 a share in cash, and the 30 percent premium in the announcement is measured against a sixty day average rather than against any closing price
Nielsen will acquire the advertising verification company DoubleVerify for $13.60 a share in cash, an enterprise value of about $2.15bn. DoubleVerify cancelled its earnings call and withdrew its guidance the same afternoon.
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Goodland
Daytime lane closures are coming back to the Stan Gober bridge at Goodland within a fortnight, this time for work under the deck, and the flaggers are the part drivers will feel
Marco Island Fire Rescue says repairs beneath the bridge deck and its supporting beams start within one to two weeks and run through the summer, with daytime closures dropping traffic to a single flagged lane in short sections. Collier County put completion in spring.
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Finance
Corteva's seed company opened exchange offers for $1.6bn of EIDP bonds on Thursday, and a holder cannot tender without also voting to strip the covenants off the notes left behind
Vylor, the seed business Corteva plans to spin off on about 1 October, opened exchange offers for three series of EIDP notes totalling $1.6bn. Tendering holders must also consent to removing the covenants.
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Small Business
The private labs that already certify consumer fireworks may now approve display shells and stage pyrotechnics too, and the trade gets a straight choice between paying for speed and waiting for free
A final rule filed on Thursday lets Fireworks Certification Agencies approve display fireworks and entertainment pyrotechnics, not only consumer ones. It takes effect 30 days after publication.
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Finance
Accuray moved its listing down a Nasdaq tier at Thursday's opening bell, and the move is what buys it another 180 days to get its share price back above a dollar
Accuray transferred from the Nasdaq Global Select Market to the Nasdaq Capital Market at Thursday's open. Nasdaq granted an additional 180 days, to 1 February 2027, to meet the $1.00 bid price rule.
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World
Six Cubans and five state companies went onto the American sanctions list on Thursday, two of the people at addresses in Moscow and Beijing, and a guidance answer issued the same hour tells food and medicine suppliers they are not the target
Treasury designated six Cuban individuals and five state-owned enterprises under Executive Order 14404 on Thursday, among them the umbrella body for Cuba's military industries. A new guidance answer says food and medicine are not targets.
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Lee County
Lee County's cyclosporiasis count reached 32 in the state's Thursday update, and Broward passed it to take second place after adding twelve cases in a single week
Florida's year to date count rose to 352 confirmed and probable cases through August 1, from 264 a week earlier. Lee County holds 32 of them and Collier County has seven. Lee is no longer second in the state.
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Small Business
A solar module plant in Summerville wants to build inside a foreign trade zone, and the rules make its imported cells carry their own duty all the way into the finished panel
Translucent Solar told the Foreign-Trade Zones Board it wants to make photovoltaic modules at Summerville, South Carolina. The glass and the cells must enter in privileged foreign status, which cannot be abandoned.
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Personal Finance
Social Security will run 125,000 federal pension payment records against 111 million Medicare records to test who really qualifies for the drug cost subsidy
A matching program filed on Thursday lets the Office of Personnel Management hand Social Security civil service annuity payment data to check self-certified eligibility for Extra Help. It runs 18 months.
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World
Fly Baghdad has come off the American sanctions list along with two of its Boeing 737s, and the executive listed beside it stays on, now tied directly to the Qods Force
Treasury's Office of Foreign Assets Control unblocked Fly Baghdad Airlines Company on Wednesday and removed two of its aircraft from the Specially Designated Nationals list. One named individual remains blocked.
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Bokeelia
Bokeelia has no water north of Pineland Road while a main is repaired, and the utility says the boil water notice starts running only once the taps come back on
Greater Pine Island Water Association shut the water off at 1.30 p.m. to repair a main break. It gave no restoration time frame, and says the precautionary boil water notice runs a minimum of 48 hours from when service returns, not from now.
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Technology
The FCC wants a 120 day clock on local permits for fibre, and it wants the free conduit a city asks for subtracted from the fee that city may charge
The Commission filed a proposal on Thursday to treat any local failure to act on a right-of-way permit within 120 days as an effective prohibition, and to cap fees at a government's actual direct costs.
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Economics
This release printed 226,000 a year ago and 199,000 on Thursday, and the whole of the week's rise in continuing claims is the seasonal adjustment
Seasonally adjusted initial claims were 199,000 in the week ending 1 August, up 1,000 on a revised 198,000. Continuing claims rose 24,000 to 1,801,000 while the unadjusted count fell.
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Finance
The SEC is creating a unit inside enforcement for accounting and financial reporting fraud, and has given it to an adviser who joined the division in May
The Securities and Exchange Commission announced a Financial Reporting and Accounting Unit within its Division of Enforcement on Wednesday. Timothy Zimmerman, who joined the division in May 2026 as a senior adviser, will lead it.
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Accounting
CreditRiskMonitor is restating five quarters and two years after a nexus study found it had not been collecting sales tax, and it puts the bill at about $1.98m
The credit reporting company told the SEC on Thursday that its audit committee concluded seven reporting periods should no longer be relied upon. It expects a sales tax liability of about $1.77m and income tax of about $210,000.
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Tax
An employee may deduct only the overtime the employer wrote in box 12 of the W-2, and the IRS says no substitute form fixes an omission
The Internal Revenue Service updated its questions and answers on the deduction for qualified overtime compensation. From 2026 the amount is capped at what the employer reports on Form W-2 in box 12 using code TT.
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Naples
A 16 year old walked out of her Golden Gate Estates home at a quarter to one in the morning and has not been seen for six days, and the state has her logged as a runaway while her father says she has never run in her life
Sophia Veronica Cover left her home on 62nd Avenue Northeast about 12.45 a.m. on July 31. The state clearinghouse carries her as a missing child in the runaway category. Deputies say the case is now a multi agency investigation with no leads.
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Technology
An FCC equipment authorisation currently lasts forever, and the Commission is asking whether it should expire after ten years
The Third Further Notice also proposes cutting the quantity of covered equipment importable for testing from 4,000 units to 40, and requiring every certification holder to name a United States liable party.
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Economics
The Head Start rewrite filed on Thursday would require all teaching in English, and the agency's own table costs that at $2,500 a classroom across 18,767 rooms
The Administration for Children and Families proposes rescinding the Head Start Program Performance Standards and replacing them with a shorter set. Comments close 60 days after publication.
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SW Florida
NOAA cut every number in its hurricane season outlook this morning and still called the forecast unchanged, and both of those statements are true
The 6 August update calls for 7 to 13 named storms, 2 to 6 hurricanes and 0 to 2 major hurricanes, every bound at or below May. NOAA puts a below normal season at 75 percent and publishes no landfall probability for anywhere.
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Tax
Treasury has written the first guidance on the insurance premium route to the paid leave credit, and four of the seven questions in it are answered no
Notice 2026-28 tells employers how to claim the section 45S credit on premiums paid for paid family and medical leave insurance rather than on wages. Comments close 16 October 2026.
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Finance
The egg price settlement filed on Thursday makes Cal-Maine explain every bid it deletes, in writing and under penalty of perjury, twice a year for five years
The United States and 17 states allege Cal-Maine Foods, Hickman's Egg Ranch and three Versova entities placed bids designed to lift Urner Barry's daily egg quotations between June 2022 and March 2025.
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Naples
A crash at the Golden Gate Parkway interchange with Interstate 75 in Naples put a roadblock on both the southbound entrance and the southbound exit ramp for part of the morning, and both are clear again
The Highway Patrol logged the crash at 7.43 a.m. and had roadblocks on two ramps at exit 105. Both entries were gone from the state board by 9.55 a.m., with no clearance time stamped.
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Cape Coral
Cape Coral cleared its last four boil water notices inside fourteen minutes this morning, every one of them faster than the city's own median, and then put a new area on the map at 1135 SE 13th Street
The city lifted the four Tuesday notices between 7.35 and 7.49 a.m., taking the map to zero. A new area at 1135 SE 13th Street appeared shortly after 9 a.m. and is the only one active.
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North Fort Myers
Two lanes of Interstate 75 southbound were blocked in North Fort Myers for about three and a half hours after a crash logged at 8.33 this morning, and the Florida Highway Patrol dropped the entry from its dispatch board shortly after noon
The Highway Patrol logged the crash at 8.33 a.m. and marked the left and centre lanes blocked at 8.42. The entry was still on the state board at 12.06 p.m. and gone from it by 12.14 p.m.
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Economics
Korea's June exports rose 84.5 percent and the current account surplus reached $49.73bn, while foreign portfolio investment in Korean shares recorded minus $31.61bn
The Bank of Korea put June goods exports at $112.37bn, up 84.5 percent on a year earlier, and the current account surplus at $49.73bn. Foreign portfolio investment in Korean equities recorded minus $31.61bn.
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Fort Myers
Lee County Utilities lifted two boil water notices within forty one seconds of each other on Wednesday morning, and the county's active count has come down from five to three
Handy Court and Harbour Yacht Court were cleared at 10.24 and 10.25 a.m. Handy Court had stood 64.4 hours, past the 24 to 48 hour window the utility itself publishes. The three notices still active are all scheduled shutdowns, two of them for hydrant replacement.
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Fort Myers
A Fort Myers man is being held on seven counts with no bond set on any of them, after the Lee County Sheriff's Office says an emailed threat was traced back to him, and the jail record puts his hearing on September 8
The county booking record shows Adam Jeffrey Vaughn, 37, booked at 1.33 a.m. Wednesday on seven counts, among them a written or electronic threat of a mass shooting or terrorism. Every count is recorded no bond, and he remained in custody Wednesday evening.
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Naples
The Florida Highway Patrol has given its account of the fatal Davis Boulevard crash in Naples, and troopers say they are looking at whether a medical episode came first
Troopers say the driver, 63 and from Naples, was in the westbound left turn lane approaching Heritage Trail when his Chevrolet struck a stopped Toyota at 10.25 a.m. He died at a hospital. The other driver was unhurt.
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SW Florida
Colorado State left its hurricane numbers exactly where they were in July, and its own map puts Naples and Fort Myers in the 7 percent bucket rather than the 9
The 5 August update holds at 9 named storms, 4 hurricanes and 1 major hurricane, unchanged from 8 July. The team puts the season at about 40 percent of the 1991 to 2020 average and blames a strengthening El Nino.
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Finance
Kaplan is selling Dublin Business School to a Chinese higher education group for $127.5m, and the buyer filed the deal in Hong Kong the same day
Graham Holdings disclosed the sale on Wednesday. Kaplan International UK Holdings will sell all the shares in the company operating Dublin Business School, together with certain intellectual property, subject to completion conditions.
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Fort Myers
A Range Rover caught fire on Interstate 75 southbound in Lee County on Wednesday afternoon between Palm Beach Boulevard and Luckett Road, and the Highway Patrol says the fire is out and nobody was hurt
Gulf Coast News reported the vehicle fire on I-75 South between Palm Beach Boulevard and Luckett Road, and that the Florida Highway Patrol said the fire is out with no injuries. Traffic was affected. No time, lane count or cause is given.
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Finance
STERIS is closing chemistry plants in St. Louis and Plymouth and moving the work to one site in North Carolina, at a cost of up to $70m
The company put the consolidation in an Item 2.05 filing on Wednesday. Pre-tax restructuring charges are put at $55m to $70m, of which $40m to $50m is cash, and the plan runs to fiscal 2030.
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Finance
AbbVie sold $10bn of bonds in nine pieces to help pay for Apogee Therapeutics, and the proceeds cancel an equal amount of bridge loan
Nine tranches run from floating rate paper due 2028 to a 6.100 percent bond maturing in 2066. Net proceeds of about $9.93bn will reduce commitments under a $10.0bn 364-day delayed draw term loan.
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Finance
Martin Marietta says it has cleared every regulator it needs to buy Lhoist North America for $13.5bn, six weeks after agreeing the deal
The company told the SEC on Wednesday afternoon that all necessary regulatory approvals for the Lhoist North America combination are in hand. It now expects to close in the third quarter, subject to customary conditions.
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Lehigh Acres
The Lehigh Acres Fire Control and Rescue District says lightning started a house fire on Maple Avenue North, and the fire is out with nobody hurt
Gulf Coast News reported at 5.09 p.m. on Wednesday that the fire district attributes the fire to lightning. The fire is out and no injuries have been reported. The district has not said how badly the house was damaged.
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Fort Myers
The exit ramp where the terminal access road at Southwest Florida International Airport meets Interstate 75 southbound is recorded open again, about forty minutes after a crash with injuries put a roadblock on it.
The Florida Highway Patrol logged the crash at 4.17 p.m. and had the exit ramp marked as a roadblock at 4.32 p.m. Two reads of the board at 4.56 p.m. now read roadway open. This item has been updated.
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Economics
Euro area producer prices fell 0.3 percent in June, and energy was the only group in the index that fell
Prices excluding energy rose 0.2 percent on the month and 3.0 percent on the year. Energy fell 1.5 percent in June and remains 8.8 percent higher than a year earlier.
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Fort Myers
The storm that spent the afternoon over Collier crossed into Lee at 4.23 p.m., and the National Weather Service put coastal and inland Lee under a special weather statement until 5 p.m. with 40 to 50 mph gusts from Cape Coral through Fort Myers to Estero
The Tampa Bay Ruskin office issued the statement at 4.23 p.m. for a line of storms moving northwest at 10 mph. The hazard is radar indicated gusts of 40 to 50 mph with frequent cloud to ground lightning. It runs to 5 p.m.
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Small Business
The Postal Service wants the recipient's name written on the box itself for adult bird shipments, in case the label falls off
Fiberboard containers could not be reused for live animals at all. Every box in a strapped bundle would need its own address label and a sequential number, and Flat Rate packaging would not be eligible.
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Finance
An exchange that owns a trading firm on its own market would have to fill that firm last at every price, under a CFTC proposal filed on Wednesday
The proposed rule overrides time priority for an affiliated market maker and makes an independent third party certify compliance every year. Customers would see a notice they cannot dismiss without acknowledging it.
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Finance
The FDIC did the arithmetic on what a bank executive may borrow from their own bank, got 421 percent, and proposes to use 400
The threshold for loans to executive officers would rise from $100,000 to $400,000 and the board approval threshold from $500,000 to $2,000,000. The FDIC last looked at these figures in December 1994.
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Finance
The 30-day warning before a credit union's extra account insurance ends is going, and it is one of eleven NCUA rules filed in a single batch
The board adopted all eleven on 29 July and every one of them takes something out of the rulebook. Eighteen people commented on the insurance notice rule, five opposed it, and the board adopted the proposal unchanged.
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Naples
The National Weather Service put a severe thunderstorm warning over west central Collier at 4.05 p.m. with 60 mph gusts, on top of a flood advisory that runs until 5.45 p.m. with water over roadways from Naples to Marco Island
The storm was upgraded to a severe thunderstorm warning at 4.05 p.m. over Vineyards near Naples, with 60 mph gusts and hail up to three quarters of an inch, running to 4.30 p.m. The county wide flood advisory holds until 5.45 p.m.
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Fort Myers
One person was taken from a burning house on Stella Street in Fort Myers as a trauma alert on Wednesday afternoon, and the fire department has called in the Red Cross for them
The Fort Myers Fire Department took the call around 1 p.m., found a working fire with one person inside, and sent them to hospital with burns. Gulf Coast News reported it. The fire is out.
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Naples
The Florida Highway Patrol has reclassified a Wednesday morning crash at Davis Boulevard and Heritage Trail in Naples as a fatality, and the roadway is clear
The state incident board logged the crash at 10.36 a.m. with a roadblock, later carried turn lanes blocked in both directions, and now reads roadway clear. No agency has released a name, a count or a cause.
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Cape Coral
Cape Coral lifted three boil water notices inside eleven minutes on Wednesday morning, the first rescissions in almost three days, and the count of active areas fell from seven to four
The city cleared Estancia Lane, SE 25th Lane and SW 43rd Street at 10.36, 10.41 and 10.47 a.m. Estancia Lane had stood 97 hours, longer than 85 percent of the city's 2026 notices.
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Fort Myers
The Meadow Avenue house fire in Fort Myers has been reported as accidental, and crews reached it within three minutes of the call
Gulf Coast News reported on Tuesday night that Monday morning's fire started accidentally. The Fort Myers Fire Department had left the cause open on Monday. The tenant was at work when it began.
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Economics
India's services index fell to 53.3 from 57.4, the weakest growth in 53 months, and 92 percent of the panel reported no change in headcount
The HSBC India Services PMI business activity index dropped 4.1 points in July. New business grew at the slowest pace since February 2022, and only Finance and Insurance accelerated.
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Fort Myers
Fort Myers set a not-to-exceed property tax rate of 7.3112 mills on August 3, and that ceiling is the number Lee County TRIM notices will carry this month
City Council voted 5 to 2 to advertise 7.3112 mills, up from 6.5. The rate can still come down before the September hearings and by law cannot go up, which is why the notice number is not the bill.
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Economics
UK services returned to growth in July, and the sector cut jobs for a twenty second month, which equals the longest run in thirty years of the survey
The services business activity index rose to 52.1 from 48.8, the first reading above 50.0 since April. Employment fell again, matching the runs seen after the dotcom bubble and in the financial crisis.
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Technology
Samsung will pay Netlist $239m upfront and up to $32.9m a quarter until 2031, and has agreed to supply evidence for Netlist's future ITC cases against other companies
The settlement covers all pending litigation between the two. Samsung Semiconductor is also buying 10 million Netlist shares for $1 million in total, and will supply up to $1.5bn of memory.
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Fort Myers
Lee County Utilities is carrying five boil water notices, the most this site has recorded, and the largest of them takes effect at 9 a.m. Wednesday on Beacon Street
Two records are new since this site read the map on Monday. The newer covers Beacon Street from Crystal Drive to Dover Avenue and starts at 9 a.m. Wednesday. The one emergency repair has stood 59.5 hours, longer than any notice took to clear.
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Economics
Countervailing duties on Indonesian fatty acids will now reach back to goods that entered the United States on 24 April, and one of the two named producers escapes the reach-back entirely
Commerce preliminarily found critical circumstances for PT Wilmar Nabati Indonesia and for all other Indonesian producers, but not for PT Musim Mas. Cash deposits apply 90 days before the July determination.
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Economics
Japanese service firms raised their prices in July at the second fastest rate the survey has ever recorded, and their new order growth fell to a 25-month low
The services business activity index fell to 51.2 from 52.2 in June. Input cost growth held close to June's four-year record, and hiring slowed to a marginal pace.
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Economics
Euro area business activity grew in July at the fastest rate in eight months, and the economist who publishes the survey says the conditions behind it have already gone
The composite output index rose to 52.0 from 50.0, and services returned to growth at 51.7 from 49.4. Responses were collected between 9 and 28 July.
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Marco Island
Marco Island has a permanent police chief again, eight days after the council ruled out contracting the department away
City Manager Dr. Casey Lucius appointed Joseph Belardo Chief of Police effective Monday, August 3, ending a transition that began on May 27. The swearing-in is set for Wednesday, August 12 at 2 p.m.
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Economics
A rate case the government brought against 21 railroads in 1981 has been settled with CSX, and the agreement runs 25 years from today
The Surface Transportation Board decided the motion on 31 July and its order takes effect today. It covers spent nuclear fuel, empty casks and escort cars on CSX lines, and nobody filed a comment on it.
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Technology
Bayer's four-herbicide maize stops being a regulated article today, and the 9,600 comments on its environmental impact statement went to a document the agency later stopped writing
A determination filed on Tuesday ends six years of review of MON 87429 maize. APHIS logged 16,782 comments across three rounds, then withdrew the environmental impact statement in August 2025 and decided on the pest risk assessment.
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Economics
The ban on importing green coffee into Hawaii and Puerto Rico exists to keep out two pests that are already there
A proposed rule published on Wednesday would drop the two named pests for a general quarantine-pest test, and let import conditions change by notice instead of rulemaking. Comments close 60 days after publication.
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Cape Coral
Cape Coral council told staff the 80 percent parks fee increase is off the table, and the resolution that would raise those fees is still on Wednesday's agenda
Every council member declined the 80 percent parks and recreation fee option at Tuesday's budget workshop. Resolution 198-26, which the city's own agenda values at an additional $1.9 million from fees, is still listed under New Business.
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World
Korea's competition regulator wants to be able to order a company to sell assets in a cartel case, and to stop being the only body that can refer one for prosecution
The Korea Fair Trade Commission published its plan for the rest of 2026 on Tuesday. It would add divestiture to the remedies for cartels and abuse of dominance, and open its referral power to citizens and provincial governments.
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Economics
The Bank of Japan raised its policy rate to 1 percent without its Governor in the room, and the minutes released overnight record four votes and three different splits
Minutes of the June meeting show Governor Ueda Kazuo was absent and did not vote. The rate went to around 1.0 percent by 7 votes to 1, and a rival bond plan lost 1 to 7.
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Economics
The refugee resettlement office intends to award up to $150m to a single Houston law firm to represent unaccompanied children in immigration proceedings
A notice filed on Tuesday announces the intent to award a single-source cooperative agreement of up to $150m to Burke Law Group of Houston, running from 15 August 2026 to 14 August 2027.
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Economics
Japanese cash earnings rose 3.4 percent in June, and 232,445 yen of the 531,677 yen average was the summer bonus
Japan's June preliminary wage data put average monthly cash earnings at 531,677 yen, up 3.4 percent. Real wages rose 1.6 percent against one price index and 1.7 percent against the other.
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Cape Coral
Six coaches are out at Mariner High School, and the school has told families there was no hazing at the lock-in but there was a lack of supervision
An email the school sent to families on Tuesday puts two coaches on administrative leave, terminates four non-district assistant coaches, and says students face discipline. The school says there was no hazing but a lack of supervision. Doug Faasse is interim head coach.
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Finance
SpaceX spent $18.4bn on capital projects in its first quarter as a public company, and $15.8bn of that went to the AI segment
SpaceX reported its first results as a public company. Revenue rose 92 percent to $7.8bn and the net loss narrowed to $541m. Capital spending for the quarter came to $18.4bn, of which $15.8bn was the AI segment.
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Finance
Coupang puts about $246m of goods, fixed assets and obligations to sellers inside the Incheon warehouse that burned in July, and none of the loss lands before the third quarter
The fire is disclosed as a subsequent event, so it sits outside the quarter just reported. Coupang says it holds property and liability cover, intends to pursue claims, and cannot yet estimate the financial impact.
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Sanibel
A car caught fire on the Sanibel Causeway after lightning struck it on Tuesday evening, traffic was shut in both directions, and all lanes have since reopened
The Iona McGregor Fire District said a car caught fire on the causeway after being struck by lightning, and that nobody was hurt. WINK News reported the fire shut traffic in both directions and that all lanes have since reopened.
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Finance
Coupang has booked $410m for two Korean privacy fines, and $132m of it has nothing to do with the data breach
Korea's Personal Information Protection Commission announced both on 10 June. The larger, about $278m, concerns the breach. The other, about $132m, concerns an advertising program. Neither is deductible.
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Finance
Bed Bath & Beyond is leaving the New York Stock Exchange for Nasdaq on 17 August, and renaming its parent company Neighborhood Intelligence
The company gave the exchange written notice on Tuesday. Trading ends on the New York Stock Exchange at the close on 14 August and opens on Nasdaq on 17 August under the ticker NXH.
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Finance
The Federal Reserve has approved Santander's purchase of Webster Financial, and the combined bank would hold 23.8 percent of every deposit in Connecticut
The Board approved the application unanimously on Tuesday. Santander Holdings USA would become the 19th largest depository organisation in the United States, and the largest bank in Connecticut, against a 30 percent state limit.
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Economics
Commerce has ordered sellers of shredded battery scrap and tungsten scrap to keep all of it in the United States, and the order reaches less than the finding behind it
A temporary final rule filed Tuesday requires 100 percent of monthly sales of black mass and tungsten waste and scrap to go to United States persons, starting 21 days after publication.
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Finance
Electronic Arts has closed its $55bn sale at $210 a share, and about 95 percent of the bonds the buyer offered to purchase were never tendered
The merger closed on Tuesday and Nasdaq trading stops before Wednesday's open. The buyer drew $9.375bn of dollar term loans and had already sold $5.375bn and €1.08bn of notes in April.
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Immokalee
A flood advisory is running for Collier and Hendry counties until 6.45 p.m. Tuesday, with two to three inches of rain already down around Immokalee and Ave Maria
The National Weather Service office in Miami issued the advisory at 4.53 p.m. Tuesday for Collier and Hendry, warning of water over roadways in low-lying areas around Immokalee, Ave Maria and Sunniland until 6.45 p.m.
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Fort Myers
The Highway Patrol has a smoke caution running on Interstate 75 northbound at mile marker 125 in Lee County, logged as a brush fire at 4.43 p.m. Tuesday
The state incident board carries a brush or forest fire on I-75 northbound at mile marker 125, received 4.43 p.m., with the remark smoke in area use caution. No roadblock is claimed and no lane closure is recorded. No outlet has it yet.
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Economics
The EPA has decided six small refinery exemption petitions and denied none of them, and it has published a finding that sends any challenge to the D.C. Circuit
A notice filed on Tuesday records one full exemption, two half exemptions and three petitions found ineligible, across four refineries and the 2023 and 2024 compliance years.
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Finance
Baxter has offered to buy back up to $500m of its own bonds, and the queue is ordered so the longest dated paper is taken first
Four series with about $3.0bn outstanding are eligible, but the cap is on price rather than principal. The 2051 notes rank first and the largest series, due 2032, ranks last.
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Finance
Griffon has closed the sale of AMES Australasia, and the consideration comes in three parts, only one of which is cash
The filing puts the cash at AUD 258m and adds a AUD 69.3m note that pays no cash interest, plus a 49 percent stake in the joint venture that bought the business.
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Finance
McDonald's has changed the president of its United States business, and the two halves of that change went into the filing under different rules
Joe Erlinger gave notice on 3 August and left the role on 4 August. Skye Anderson takes it the same day, across a business the company puts at nearly 14,000 restaurants.
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Finance
Steel Dynamics has given the chief executive's job to its finance chief of nineteen years, and the co-founder she succeeds becomes executive chairman on the same day
An 8-K filed on Tuesday morning says Theresa Wagler, chief financial officer since 2007, becomes president and chief executive on 1 January 2027, when co-founder Mark Millett moves to executive chairman.
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Cape Coral
Cape Coral logged a fourth boil water notice on Tuesday afternoon, and the new area on its own is as large as everything the city had under notice on Sunday
The city logged a fourth notice on Tuesday at 1.50 p.m. covering 1525 SW 52nd Lane. Seven areas are now active, a record, and the new one alone is as large as the city's whole boil water footprint on Sunday.
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SW Florida
Charlotte County 9-1-1 calls were routed to Lee County during a telephone system interruption on Tuesday, and normal service has since been restored
Gulf Coast News reported the interruption on Tuesday afternoon, then updated at 2.08 p.m. to say phone service had been restored to both the 9-1-1 and administration lines. Calls had been routed temporarily to Lee County.
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Finance
The OCC wants banks to be able to show exam findings to a merger counterparty, and says the criminal penalty its own rule warns of is outside its authority
A proposed rule filed on Tuesday morning would let a supervised bank disclose confidential supervisory information in six situations without asking first, and would delete the rule's reference to criminal liability.
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Economics
The cap on all damages from a single rail accident goes to $401.9m, and the price index the formula asked for did not exist
A Transportation Department notice filed on Tuesday morning lifts the aggregate cap from $322,864,228, effective 30 days after publication. The five-year index step had to skip October 2025 and use November.
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Finance
Resideo has finished splitting itself in two, and anyone on the register on 20 July received one ADI share for every two Resideo shares held
An 8-K filed at 06.19 Eastern reports the separation closed on 3 August. ADI Global Distribution now trades as ADIG, and Resideo changed chief executive at the same moment.
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SW Florida
A judge ordered Amendment 3's ballot wording rewritten by August 14, and Florida's own estimate puts the property tax cut at 203.3 million dollars a year in Collier and 453.3 million in Lee
A Leon County circuit judge found the ballot title and summary for Florida's property tax amendment misleading and gave the attorney general ten days to rewrite them. The measure itself stays on the November ballot.
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Technology
Nutanix is cutting about 5 percent of its workforce, and the charge it has put in writing is roughly twice what the same move cost it in 2022
An 8-K filed at 09.00 Eastern on Tuesday estimates pre-tax charges of $33m to $43m, almost all of it severance, and says the reduction should be substantially complete by the end of October.
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Buckingham
A car hit a tree on Orange River Loop Road in Buckingham around midnight, and twelve hours on the sheriff's office has not said whether anyone was hurt
Gulf Coast News reported the crash on Tuesday, with the car towed and the tree still lying in the road at 2 a.m. Deputies were still working out how it happened and whether there were injuries.
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Cape Coral
Cape Coral logged three new boil water notices on Tuesday and now has six active areas, double the most this site has recorded, and nothing has come off the map since Sunday
The city added notices at 1831 Embers Parkway West, 1437 SE 21st Street and 727 SW 56th Street between 8.38 a.m. and 11.57 a.m. Six areas are active, covering about 48 acres. No notice has been rescinded in 47 hours.
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Personal Finance
The FAA proposes to delete the list of what an airliner medical kit must contain and require instead that it cover nine conditions, with naloxone named as an option rather than an item
Appendix A would be removed and reserved. The model list of drugs and equipment moves into an advisory circular that the FAA describes as one way, but not the only way, to comply.
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Economics
The June trade deficit came in at $73.3bn, and the year-to-date gap is $189.3bn smaller than last year because exports rose 11.7 percent while imports rose 0.4
Imports fell $7.3bn in June and exports fell $2.9bn, which is why the monthly gap narrowed. The three-month average deficit went the other way, up $5.6bn to $68.5bn.
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Finance
The FTC has accepted a settlement with CVS's pharmacy benefit manager that caps insulin copays and ends spread pricing, and a plan sponsor can contract out of most of it in writing
The proposed order runs ten years and installs a monitor. Insulin would be capped at $25, $50 or $75 by days of supply, and only the Aetna provisions sit outside the meeting-competition exception.
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Economics
Brass instruments, fire extinguishers and floor safes sit on a list of 14 products Commerce proposes to pull inside the metals tariffs, and comments close 21 days after publication
Most of the 14 would draw 25 percent. Filled propane and oxygen cylinders would draw 50 percent on the metal but not on the contents, and agricultural trailers 15 percent.
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Economics
A four-year tariff-rate quota lands on imported quartz countertops on 15 August, at 25 percent inside the quota and 50 percent above it
The safeguard runs to August 2030 on a first-year quota of 13,006,426 square metres, and the exclusion list takes in Canada, Mexico, South Korea, Australia and about a hundred developing countries.
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Economics
Australian household spending rose 0.8 percent in June, and the statistics agency puts air travel back at the level it held before the Middle East conflict
Household spending rose 0.8 percent in June after 1.2 percent in May and a 1.0 percent fall in April. Transport rose 3.0 percent and led every other category.
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World
Korea and Bangladesh have closed their trade negotiation in principle, and the tariff Dhaka currently charges on Korean confectionery is 85.6 percent
Korea and Bangladesh declared their economic partnership agreement settled in principle in Dhaka on Tuesday. Korea would liberalise 81.7 percent of tariff lines on provisional figures, Bangladesh 81.4 percent.
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Economics
The Bank of Japan has put a number on how much its own retreat from the bond market pushed long-term yields up, and the answer is about 25 basis points
A Bank of Japan review estimates the reductions in its government bond purchases have added about 25 basis points to long-term yields since summer 2024. Ten year yields are in the upper 2 percent range.
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North Fort Myers
The northbound lanes of US-41 at Del Prado Boulevard in North Fort Myers are open again after a trailer rollover shut them on Monday evening
Gulf Coast News logged the block at 5.55 p.m. Monday and carried the reopening in an update timestamped 7.18 p.m. The Florida Highway Patrol live incident view held no US-41 record when this desk read it at 3.35 a.m. Tuesday.
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Finance
Toyota has raised its full-year operating profit forecast by 400 billion yen, and the note under its own chart puts the increase at 60 billion once currency and swap effects come out
Toyota lifted its forecast for operating income in the year to March 2027 to 3,400 billion yen from 3,000 billion. A note on its own bridge chart puts the increase at 60.0 billion excluding exchange rate and swap valuation effects.
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Technology
Renesas has one of its two Kumamoto fabs back at pre-earthquake capacity, and says the other resumes production in phases from Wednesday
The Nishiki plant returned to pre-earthquake capacity on 31 July. Renesas says the Kawashiri plant in Kumamoto city restarts in phases from 5 August and reaches pre-quake wafer input capacity in about three weeks.
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Economics
Treasury told its borrowing committee that artificial intelligence accounted for nearly 30 percent of GDP growth through 2025, and listed it among the risks in the same document
The economy statement Treasury published on Monday puts AI-driven investment at close to 30 percent of GDP growth through 2025, and says the trend continued through the first half of 2026.
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Economics
Treasury has raised its borrowing estimate for the current quarter by $68bn to $739bn, and the table published with it puts the same quarter last year at $1,058bn
Treasury expects to borrow $739bn of privately held net marketable debt between July and September, $68bn more than it estimated in May. It puts the October to December quarter at $628bn.
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Marco Island
A fire in pool heating equipment beside a Marco Island home was held off the house itself, and Marco Island Fire Rescue had it out in about fifteen minutes
Crews were called to the 600 block of Inlet Drive at about 6 p.m. Monday. Nobody was hurt, the flames were kept from spreading to the residence, and the cause is under investigation.
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Fort Myers
The Meadow Avenue house that burned in Fort Myers on Monday morning is a total loss, and the tenant who was out when it started has been left displaced
A follow-up on Monday morning's fire. Flames went through the roof and into the attic, and heavy smoke damage through the rest of the house has left it a write-off. The Red Cross was called in for the displaced tenant.
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Naples
The lanes are open again on Livingston Road at Carlton Lakes Boulevard in North Naples, where a crash with injuries blocked the southbound side for about an hour
The Florida Highway Patrol took the call at 10.22 p.m. Monday and had a unit on scene at 10.28 p.m. The block narrowed from the southbound lanes to the left lane alone, and by 11.32 p.m. the Highway Patrol's own record read no roadblock.
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Economics
Japan's monetary base fell 13.8 percent in July, the steepest decline the Bank of Japan's own table prints, while banknotes in circulation were down 1.9 percent
The monetary base averaged 554.9 trillion yen in July, down 13.8 percent on the year. Current account balances at the central bank fell 16.6 percent and banknotes in circulation fell 1.9 percent.
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World
Korea has put another 6.0 square kilometres of Saemangeum inside a comprehensive bonded area, and the release names Hyundai's 9 trillion won investment plan as the reason
Zones 3, 7 and 8 of the Saemangeum national industrial complex were designated on 4 August, taking the bonded total to 14.1 square kilometres. Duties are held in suspense from factory construction through export.
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Economics
Korean consumer prices fell 0.2 percent in July while the core index rose 0.4 percent, and two lines worth 8 percent of the basket did the falling
The consumer price index fell 0.2 percent on the month and rose 2.8 percent on the year, down from 3.2 percent in June. The core index rose to 2.6 percent, the highest in the thirteen months the release prints.
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Finance
Powell Industries booked $934m of new orders against $312m of revenue, and one data centre order accounts for more than $400m of that
An 8-K filed at 16.28 on Monday reports fiscal third quarter revenue of $312m and new orders of $934m, a book-to-bill of 3.0 times. Backlog reached $2.4bn, up 69 percent.
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Fort Myers
The man accused in the July I-75 standoff in Lee County is still hospitalized, and Monday's hearing was put off to August 26
Ladavion King was due at a motion hearing Monday afternoon. It was postponed for medical reasons and reset for August 26 at 8.30 a.m. He faces seven felony counts in Lee County. Nothing about the road is affected; the closure ended in July.
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Cape Coral
Cape Coral Police have joined the Mariner High School football investigation, and the Lee County district has now named the head coach it placed on leave
Cape Coral Police confirmed to WINK News that a related incident was reported and is under investigation. The district identified head coach Tyran Jones as the employee on administrative leave, and says it will brief the team before releasing a statement.
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Small Business
The Gulf commercial season for greater amberjack shuts on 8 August and stays shut until January, on a quota that was already cut because last year's landings ran over
NMFS is closing commercial greater amberjack harvest in Gulf federal waters from 8 August through 31 December, projecting the 85,746 lb catch target will be reached by 5 August. That target was cut in February after 2025 landings exceeded the limit.
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Finance
Boise Cascade has become James Hardie's sole national distributor for ten years, and the agreement stops it stocking named competing products at designated branches
Boise Cascade's distribution arm signed a ten year agreement effective 31 July making it James Hardie's sole full line national distributor. It must buy all its requirements of those products from James Hardie, and the parent guarantees performance.
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Finance
Teleflex has closed the $1.5bn sale of its contract manufacturing arm, and the two uses it names for the cash add up to more than the after tax proceeds
Teleflex completed the sale of its original equipment manufacturing business on 3 August for $1,500,000,000 in cash, and estimates after tax proceeds of about $1.25bn. It names $800m of debt reduction and a $1bn buyback authorisation.
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Accounting
Danaher has a new chief executive from 1 October, and the same filing grants each of its two founder chairmen options over 1,000,000 shares
Danaher named Julie Sawyer Montgomery chief executive from 1 October. The same 8-K grants Steven and Mitchell Rales options over 1,000,000 shares each plus 500,000 restricted stock units, and excludes the program from adjusted earnings per share.
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Fort Myers Beach
The rip current statement on Lee County's Gulf beaches is now in its seventh day and runs until 8 p.m. Monday, a day later than this site last reported
The National Weather Service continued the Coastal Lee rip current statement at 3.45 a.m. Monday, and it now ends at 8 p.m. Monday, August 3, a day later than this site last reported. It is the same event the service opened on July 28.
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Fort Myers
Both nose gear tires on a Southwest flight out of Fort Myers lost air pressure while it landed at Chicago Midway, and mechanics changed them on the runway
Southwest Airlines Flight 1243 left Southwest Florida International Monday and landed at Chicago Midway after 7 a.m. Central with both nose gear tires flat, the airline said. Mechanics changed them on the runway and towed the aircraft to the gate. No injuries were reported.
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Economics
Cameron County has been authorised to own the bridge into Matamoros, under a statute that deems a border bridge permit granted if the President lets the clock run out
A presidential permit dated 30 July authorises Cameron County, Texas, to own, operate and maintain the Brownsville and Matamoros Bridge. The statute it cites deems such a permit granted if the President does not act in time.
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Finance
Comtech has amended its senior credit agreement for the fifth time since 2024, and the new amendment waives the cash sweep on the fiscal year that ended on Friday
Comtech signed a fifth amendment to its 2024 credit agreement on 30 July, waiving the excess cash flow prepayment for the year ended 31 July. A $10.0m advance from the Wavestream sale was split 65/35 between two loans.
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Finance
A bankruptcy auction added $114.5m to the price of Sleep Number's assets, and the filing that reports it expects stockholders to get nothing
Sleep Number closed the sale of substantially all its assets to Sleep Country Canada's SNBR unit on 31 July for $529.5m in cash. It expects no proceeds for stockholders, and the common stock will be cancelled.
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Naples
Barron Collier's head football coach has resigned after his DUI arrest, and the interim coach named in the principal's letter was already set to run the team under a season long FHSAA suspension
Brannon Tidwell resigned on Sunday and Principal Sean Kinsley named Andrew Clawson interim head coach. Clawson had already been named interim for this season on July 20, when the FHSAA suspended Tidwell for all of 2026 and fined him $5,000.
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Fort Myers
A house fire on Meadow Avenue in Fort Myers forced neighbouring homes to evacuate and closed Hanson Street, and the fire department says the home was in an extreme hoarding condition
A passing driver reported the single storey home engulfed shortly after 10 a.m. Monday. Neighbouring homes were evacuated as a precaution and Hanson Street closed from Meadow Avenue to Central Avenue. Two cats were rescued and no injuries were reported.
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Naples
Fourth Street South in Naples is closed until Friday for a water main repair, and the main that broke carries irrigation water rather than drinking water
The closure runs between Third Avenue South and Fourth Avenue South, Monday to Friday, pending weather. Saturday evening's break cut reclaimed water service south of Central Avenue, including Port Royal and Gordon Drive. It is irrigation water, not drinking water.
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Finance
Marriott Vacations has signed its finance chief to an award that pays nothing below a $115 share price and doubles at $215
An 8-K filed on Monday morning sets out a CFO Transformation Award of up to 75,000 restricted stock units, half on a share price test running to the end of 2028 and half on adjusted EBITDA.
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Technology
Bandwidth has repurchased another $20.8m of its 2028 convertible notes below par, and $6.7m of the original $250m will be left
An 8-K filed at 10.31 on Monday reports open market repurchases of about $20.8m principal at a discount to par. About $6.7m of a $250m issue remains once the trades settle.
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Economics
Manufacturing construction has fallen in every month the Census table prints, and it accounts for about two thirds of the year's drop in total construction spending
Construction spending ran at $2,166.5bn a year in June, 3.2 percent below June 2025. Manufacturing plant supplied $46.9bn of the $71.2bn decline. Office construction is the largest gainer, up 12.5 percent.
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Economics
Battery black mass and magnet swarf have been found scarce and critical materials essential to the national defense, and copper scrap is excluded
A presidential determination signed 30 July makes the two findings the Defense Production Act requires before section 101 may reach a civilian market, and applies them to scrap containing critical minerals.
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Cape Coral
Cape Coral is back to three active boil water areas, and the gap between the interruption and the notice has roughly doubled on the newest one
The city added a precautionary notice covering 149 SE 25th Lane at 7.16 a.m. Monday, against an interruption its own fields date to 8 a.m. Sunday. That is a lag of twenty three hours.
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Fort Myers
Lee County Utilities is carrying three boil water notices again, and two of the three are planned shutdowns rather than breaks
The county map showed none active when this site checked on Saturday. It now carries an emergency notice on Handy Court dated Sunday evening, a scheduled shutdown covering forty eight units that began at 9 a.m. Monday, and a third due Tuesday.
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Personal Finance
A large American carrier asked the Transportation Department for relief from annual wheelchair training, and the department has paused enforcement of five provisions until April 2027
The pause covers airline liability for mishandled wheelchairs, refresher training, pre-departure notifications and fare difference reimbursements, and now the onboard wheelchair training rule due to take effect on 2 October.
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World
The State Department has imposed nonproliferation measures on twenty two foreign persons under the Iran, North Korea and Syria act, and eleven of them are Russian
The measures took effect on 24 July and were filed for publication on Monday. They bar federal procurement, assistance, munitions sales and new export licences for two years. Russian Ground Forces is on the list.
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Economics
Commerce has put preliminary dumping duties on truck trailers from Canada and Mexico, and the companies that did not answer a questionnaire drew 44.86 and 79.92 percent
Manac of Canada was assessed 4.29 percent and Mexico's all-others rate came out at 8.72 percent. Seven producers that did not return a quantity and value questionnaire drew adverse rates instead.
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Small Business
PHMSA filed sixteen hazardous materials final rules in a single 8.45 batch, and put a savings number on three of them
Sixteen final rules, dockets HM-268A through HM-268P, went on public inspection together on Monday morning. Three carry a quantified figure, the largest $14.4m a year. Thirteen do not.
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Finance
Brookfield has bought the last 26 percent of Oaktree for about $3.0bn, and says the United States is now its largest market
Brookfield completed the purchase of the 26 percent of Oaktree it did not already own on 31 July, for approximately $3.0bn in cash and shares. It says the United States now supplies nearly half of Brookfield Asset Management's revenue.
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Economics
Tyson moved 15.9 percent less beef in the quarter and charged 12.1 percent more for it, and the segment is still guided to lose as much as $650m this year
Tyson's beef sales fell to $5,391m in the quarter ended 27 June, on volume down 15.9 percent and average price up 12.1 percent. The company guides the segment to an adjusted full year loss of $500m to $650m.
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Finance
Marriott's Middle East room revenue fell 43 percent in the quarter, and that one region was enough to turn its whole international book negative
Marriott reported worldwide RevPAR up 3.4 percent in the second quarter and US and Canada up 5.0 percent. International RevPAR fell 0.5 percent, and the company attributes that to a 43 percent decline in the Middle East.
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Technology
EchoStar's Hughes satellite arm filed for Chapter 11 on Sunday, and the same 8-K discloses a committee set up to examine its dealings with EchoStar
Hughes Satellite Systems and eleven subsidiaries filed voluntary Chapter 11 petitions on 2 August. The filing accelerated two series of 2026 notes, and EchoStar itself, DISH TV, Sling TV and Boost Mobile are not debtors.
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SW Florida
Florida approved Lee County's 2026 assessment roll on July 24, the step that has to happen before any value appeal on the county's 571,234 parcels can be heard
The Florida Department of Revenue signed off on the 2026 Lee County assessment roll on July 24. Under state law no value adjustment board hearing on value may be held until that approval exists.
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Cape Coral
The average Cape Coral single family taxable value falls 13.64 percent in the city's proposed 2027 budget, the only decline in the twelve years its own table covers
Cape Coral's 333 page proposed budget, posted July 23, puts average single family taxable value at 234,395 dollars against 271,405 now, with property already on the roll down 744 million dollars.
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Accounting
Skyworks has put a number on what it is paying for Qorvo, and roughly half of the $8.43bn is goodwill
Pro forma statements filed on Monday value the Qorvo merger at $8.43bn, made up of $2.87bn in cash and $5.48bn in Skyworks stock. Estimated goodwill is $4.16bn against $4.28bn of identifiable net assets.
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Finance
Prysmian has agreed to buy Atkore for $95.00 a share in cash, and the same filing cancels tomorrow's earnings call and replaces it with one a bond indenture requires
Prysmian will acquire Atkore for $95.00 a share in cash, an enterprise value of about $3.8bn and a premium of roughly 30 percent to Friday's close of $72.96. The termination fee is $115,920,000.
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Economics
Britain's factory index fell to a four-month low in July while output growth ran at its fastest in almost two years, and the release names what pulled the number down
The S&P Global UK Manufacturing PMI read 51.9 in July, down from 52.5 and the lowest in four months. Output growth was the fastest in almost two years, and backlogs rose for the first time since April 2022.
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Technology
Intel wants three more Chandler sites inside its foreign trade zone, and a filing ten days earlier lists the 108 foreign materials it proposes to bring into that zone
The City of Phoenix has applied to add three Chandler sites totalling 7.94 acres to Intel's foreign trade zone. A filing ten days earlier lists 108 foreign-status materials Intel wants to bring in.
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Economics
Euro area factory output rose at its fastest rate in more than four years, and the survey says producers got there by working through orders placed in earlier months
The headline index reached 51.9 from 51.4 in June, and the output component hit a 52-month high. Backlogs of work fell at the fastest rate since January, and factory employment declined again.
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Naples
Barron Collier High School's head football coach was arrested on Saturday on driving under the influence charges, and the sheriff's office says the arrest report will not be public until Monday
The Collier County Sheriff's Office says Brannon Tidwell, 48, was arrested on charges of driving under the influence and refusing DUI testing. He posted bond and was released. No arrest report is public, and his first court date is August 26.
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Economics
Middle Eastern crude was more than 90 percent of Japan's oil imports before the war, and the Bank of Japan has now published the vessel tracking that shows what replaced it
The full text of the July Outlook Report went out at 2 p.m. Tokyo time. A box built on vessel tracking data puts Middle Eastern crude above 90 percent of Japanese imports before the conflict.
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Economics
Japanese factory output rose in July at the fastest rate since February 2014, and one of the things lifting the number is firms buying ahead of the war
The headline index was 54.5, down from 54.8 in June and a seventh straight month of improvement. Output rose at the sharpest pace in nearly twelve and a half years.
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Economics
China's private factory survey put July at 50.9 and the official one put it at 49.2, and the two were measuring the same month
The headline index eased to 50.9 in July from 51.7, a four month low and an eighth month above 50. The official manufacturing PMI for the same month was 49.2.
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Economics
Nineteen percent of the companies that exported anything from Korea last year had never exported before, and between them they shipped 1 percent of the money
The Korea Customs Service counted 19,746 first-time exporters in 2025, up 3.7 percent and the most since 2020. They were 19.4 percent of all exporting companies and 1.0 percent of export value.
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World
A third explosion in three nights was reported off the Musandam peninsula, and the newest entry in the Hormuz incident log is classed as an advisory rather than an attack
United Kingdom Maritime Trade Operations logged an advisory at 2037 UTC on Sunday after a tanker master reported hearing an explosion 20 nautical miles northeast of Khasab, Oman. The vessel and crew are safe.
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World
Korea moved to a Level 2 heat emergency, and the outdoor work stoppage above 38 degrees is a strong recommendation rather than an order
The central disaster headquarters went to Level 2 at 13:00 on Sunday. The labour ministry told its inspectors to press employers to halt outdoor work above a perceived 38 degrees, and to press is the operative verb.
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Lehigh Acres
More than 5,200 Lehigh Acres households have been without Quantum Fiber internet since July 20, and the company is still telling them it will be back tomorrow
WINK News reports the outage began on Monday July 20 and covers six separate addresses on the company outage map. Customers say daily texts have promised restoration for almost two weeks.
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Fort Myers
Fort Myers emptied its boil water map on Sunday morning after five days, and the three areas were deleted outright rather than marked rescinded
The city layer had carried three areas coded active since Wednesday. It took its first edit in ninety hours at 10.13 on Sunday morning, and it now returns nothing at all. No rescission date was recorded.
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Economics
Japan has confirmed it bought yen alongside the United States Treasury on Friday, and the same statement says Tokyo plans to draw on a Federal Reserve facility
Finance Minister Satsuki Katayama said on Monday that Japan's Ministry of Finance purchased yen in coordination with the United States Treasury on Friday 31 July. The statement carries no amount.
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Cape Coral
Mariner High School's head football coach is on administrative leave while the Lee County district investigates what it calls a team building incident
A district spokesperson confirmed the Cape Coral school's head football coach was suspended and placed on administrative leave. The board chair says an investigation began immediately. No details of the incident have been released.
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World
Iran's foreign ministry says the Strait of Hormuz will under no circumstances return to its pre-war situation, and that the talks with Oman are bilateral and concern no third party
Esmail Baghaei told Iranian state television on Sunday night that the Oman talks are about a new route and do not mean the strait reopens. Trump's Saturday post named a complete opening.
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Fort Myers
Southbound Three Oaks Parkway moves onto the new roadway on Monday morning, and a second change the county announced in the same notice closes Old Fiddlesticks Boulevard
Southbound Three Oaks Parkway traffic moves into the inside lane of the new roadway from Monday, weather permitting. The same county notice closes Old Fiddlesticks Boulevard at the Publix plaza and cuts Cody Lee Road to right in and right out.
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Economics
Korea exported $98.89bn of goods in July, the second largest month it has recorded, and semiconductors supplied about seven of every ten dollars added over the year
The industry ministry put July exports at $98.89bn, up 62.8 percent, with semiconductors at $41.01bn. Nineteen of the 20 headline product lines rose. The trade surplus was $30.32bn.
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Cape Coral
Cape Coral lifted the Fairmont Cove Court boil water notice at 1.07 on Sunday afternoon, after seventy five hours, and two areas are still under one
The city rescinded the notice covering 2623 Fairmont Cove Court, which had run since Thursday morning. Two areas remain active, on Estancia Lane and SW 43rd Street, covering about thirteen acres.
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Fort Myers Beach
The rip current statement covering Lee County's Gulf beaches has been extended a third time and now runs through Monday evening, a sixth day for the same event
The National Weather Service pushed the Coastal Lee rip current statement out another twenty four hours at 8.01 a.m. Sunday. It had been due to end at 8 p.m. Sunday and now runs to 8 p.m. Monday. Collier is not in it.
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World
A drone struck the floating unit that turns imported gas back into gas at Egypt's Damietta port, and the two accounts of what happened do not describe the same event
Egypt's cabinet said a drone caused fires on two LNG vessels at Damietta on 29 July. One is the regasification unit the port's imports run through. Corrected from an earlier version.
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Estero
A crash has two of the three southbound lanes of US-41 blocked at Broadway Avenue West in Estero, and the Florida Highway Patrol record also has a northbound lane shut
The Highway Patrol received the call at 11.45 a.m. Sunday and troopers arrived at 12.03 p.m. The incident was still on the live state incident board at 1.08 p.m. The blockage is two southbound lanes and one northbound lane, not the full southbound carriageway.
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World
OPEC's monitoring committee has repeated its April wording on maritime routes and attacks on energy infrastructure word for word, and the sentence commending alternative export routes is not in it
The 67th Joint Ministerial Monitoring Committee met by videoconference on 2 August and repeated verbatim the maritime language it first used on 5 April. One April sentence is absent. It next meets on 4 October.
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Economics
Seven OPEC+ countries have set the same 188,000 barrels a day for a fourth month running, and the paragraph about a cautious approach and the option to pause has come out of the release
Seven OPEC+ countries met by video on 2 August and set a 188,000 barrel a day increase for September, the same figure as the previous three months. The release drops the flexibility language.
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Fort Myers
Fort Myers has taken all three boil water areas off its map in the first edit to that layer in ninety hours, and it entered no rescission date and published no notice
The city's boil water layer moved at 10.13 on Sunday morning after sitting still since Wednesday, and the three areas coded active are now gone. The records were removed rather than marked rescinded, and the city website has been unreachable for six days.
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World
The Hormuz incident log recorded its first attacks in eleven days on the night of 31 July, and GasLog broke a silence running back to 2024 to post statements on two of its ships
United Kingdom Maritime Trade Operations has added warnings 101-26 and 102-26, both classed as attacks and both timed to the night of 31 July. Its list now carries 24 reports against 22 on 30 July.
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Fort Myers
Fort Myers has left three areas coded under a boil water notice for a fifth day, and the same city GIS account that has not touched that layer since Wednesday took an edit to its road closure layer on Friday
The city's boil water layer has taken no edit since Wednesday afternoon, and its three areas are still coded active with no dates. The city website has been unreachable for five days, from this newsroom and from an outside network.
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Cape Coral
Cape Coral logged a third active boil water notice at 6.52 on Sunday morning, and the city's own archive shows these notices run longer than this site has been saying
The city added a precautionary notice covering 213 SW 43rd Street on Sunday morning, against an interruption it dates to 7 p.m. Saturday. Three areas are now active. The archive puts the median notice at forty nine hours.
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Naples
The 30-year mortgage rate reached 6.66 percent, its highest in a year, and July alone added more to a Naples median payment than the whole preceding year did
Freddie Mac's survey put the 30-year fixed rate at 6.66 percent for the week ending 30 July, the highest since 31 July 2025. On the Naples June median that is 53 dollars a month added in four weeks.
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SW Florida
Citizens' Collier personal policy count has halved in a year and Lee's is down 59 percent, and wind-only is now a third of what is left in Collier
Citizens' own county report for 30 June puts Collier at 2,894 personal residential policies against 5,814 a year earlier, and Lee at 8,175 against 20,045. Wind-only shrank far less than multiperil.
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Technology
The FCC votes Thursday on repealing the 39 percent national television ownership cap, and the draft order argues that is no radical departure because the UHF discount already permits 78 percent
The draft Report and Order circulated for the 6 August open meeting would remove and reserve section 73.3555(e) of the Commission's rules, deleting the national cap rather than raising it.
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Technology
The FCC has put foreign-produced power inverters and advanced robots on its Covered List, and the test it wrote is where a device was made rather than who made it
The Commission's public safety bureau added foreign-produced power inverters and advanced robotic devices to its Covered List on 28 July. Covered equipment cannot receive an FCC equipment authorisation.
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World
Iraq and Turkey have put a floor of 750,000 barrels a day under a pipeline to the Mediterranean, and the last federal analysis of Iraqi exports found every seaborne barrel in 2024 leaving through the Gulf
Iraq and Turkey signed a one-year transit deal on Saturday setting a minimum of 750,000 barrels a day through the Kirkuk to Ceyhan pipeline. The line currently moves under 200,000.
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World
Iran's last ceasefire cleared its top security body by 12 votes to 1 and still collapsed, and one reason the Associated Press names is a release of frozen assets that never arrived
An Associated Press account of Iran's leadership finds unity on fighting the war and a split over how it should end. The April ceasefire it describes won 12 of 13 votes on Iran's top security body and failed anyway.
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World
Trump says he will hold American forces off new strikes on Iran, and the sentence that matters for oil names an open Strait of Hormuz as a parameter of a deal rather than a term that has been agreed
Trump said in a Saturday evening post that Mideast allies had reached the parameters of a deal to end the five month war, and that he will hold off new strikes. Iran has not responded publicly.
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Economics
Duties from 2010 on a class of Chinese steel pipe go into a third five-year review this week, and the notice records both earlier reviews as expedited
The International Trade Commission has instituted third five-year reviews of the 2010 duty orders on a class of Chinese steel pipe. Responses are due 2 September, and the notice records both earlier reviews as expedited.
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Economics
The FDA is reopening a comment period that closed on 6 July, on a rule that takes the word gender out of 34 provisions of its regulations
FDA is reopening for 60 more days a comment period that closed on 6 July, on a proposed rule removing the term gender from 34 provisions of Title 21. It scores the change at zero.
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Small Business
An uncontrolled MDMA precursor has turned up in 154 international incident reports since 2021, and the DEA proposes to control it along with six chemical relatives
The DEA proposes adding seven esters of PMK glycidic acid to list I, after 154 international incident reports since 2021 involving more than 104 metric tons of the ethyl ester alone.
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Naples
Naples Airport put 270 solar panels on a new warehouse roof, and the payback period being quoted for it counts government rebates as well as energy savings
The airport authority's own announcement of the array carries no cost figure at all. Business Observer obtained $249,665 and a 5.7 year payback from an airport spokesperson, a period that counts rebates rather than energy savings alone.
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World
Japan has written a reactor rebuild number into its nuclear guideline for the first time, and the sentence about reducing dependence on nuclear power is gone
Japan's ministerial council amended its nuclear guideline on 31 July to call for about 2 to 5 reactor rebuilds by the 2040s and 11 to 14 by the 2050s. The 2023 text carried no capacity figure at all.
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Finance
A Korean card issuer stopped taking new customers today, under the first business suspension its financial regulator has imposed over a hacking incident
South Korea's Financial Services Commission has stopped Lotte Card issuing cards to new customers from 1 August to 15 September, and fined it 5 billion won, over a hack that took the credit information of 2.97 million people.
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Technology
A federal alert names cyber intrusion as a cause of boil water notices, and utilities in at least seven states have reported incidents since 27 July
The FBI and EPA say water utilities in at least seven states have reported incidents since 27 July, with effects including loss of pressure and flooding. CISA says the activity has produced boil water notices.
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Small Business
The EPA has proposed the construction stormwater permit that replaces the one expiring in February, and the whole national saving it puts on the change is $25,383 a year
All 10 EPA regions have proposed the 2027 construction general permit to replace the one expiring in February, and the agency puts the whole national saving at $25,383 a year.
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Economics
Japan's finance ministry published a zero for the month to 29 July, and the operations now being reported began the day after that window closed
The Ministry of Finance published a total of zero yen for intervention operations between 29 June and 29 July. Kyodo News reports authorities stepped in on 30 and 31 July, after the window shut.
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Finance
Trump Media set 1 August as the day its paid Truth Social feed reaches institutional customers, and a letter from two senators asks the SEC to investigate it
Trump Media said on 16 July that Truth API would reach institutional customers on 1 August. A letter dated 28 July from Senators Warren and Schiff asks the SEC to open an investigation.
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Finance
Bank7 has asked the Federal Reserve to approve its purchase of a Santa Fe bank holding company out of a court receivership, and its own $68m bid can still be beaten at auction
The Federal Reserve has noticed Bank7 Corp's application to acquire Century Financial Services Corporation and Century Bank of Santa Fe. Comments close on 2 September. The underlying purchase is a stalking horse bid.
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Finance
An American clearing house has been cleared to clear credit default swaps on eight more sovereigns, and the new names run from Costa Rica to Angola to Pakistan
The SEC has approved ICE Clear Credit's addition of single name sovereign credit default swaps on Ecuador, Guatemala, El Salvador, Uruguay, Costa Rica, Kenya, Angola and Pakistan to the contracts it clears.
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Finance
Generically listed commodity trusts may now hold 15 percent of net assets in things that fail the listing test, and the rule that lets them adds a definition of digital commodity
The SEC approved Cboe BZX rule changes on an accelerated basis six days after they were filed. They add a 15 percent buffer of ineligible assets, define digital commodity, and permit active management.
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Finance
An approval to list bitcoin index options has been frozen since 11 June by the act of objecting to it, and the SEC has now granted CME Group's petition to review that approval
The Commission has granted CME Group's petition to review the accelerated approval of Nasdaq PHLX bitcoin index options. The approval remains stayed, and written statements are due 21 days after publication.
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Technology
Tesla's Megapack production authorization at three California sites came through after five months, and it lasts one year
The Foreign-Trade Zones Board authorized Tesla production activity at Fremont, Livermore and Lathrop covering Megapack storage batteries, inverters and bi-directional converters, on a limited basis and subject to a one-year time period.
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Finance
Baillie Gifford has asked the SEC to let one fund sell both mutual fund shares and ETF shares, and the order issues automatically unless somebody objects by 24 August
The SEC has noticed an application from three Baillie Gifford entities for relief allowing a single open-end fund to carry an exchange-traded share class alongside conventional mutual fund classes.
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Finance
NRC staff has made a preliminary finding that restarting a reactor shut since 2020 needs no environmental impact statement, and the notice names Google as the reason it is being restarted
The NRC has issued a draft environmental assessment and draft finding of no significant impact on reauthorizing power operations at the Duane Arnold Energy Center in Iowa, a 610 megawatt reactor shut down in 2020.
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Finance
The 30-year Treasury yield closed July at 5.27 percent, the highest Treasury has published since 2007, and the 20-year sits above it
Treasury's own daily yield curve puts the 30-year at 5.27 percent on 31 July, above every reading since 6 July 2007, and the 20-year closed a hundredth higher at 5.28.
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Cape Coral
Cape Coral logged a new boil water notice on Estancia Lane on Saturday morning and is back to two active areas
The city added a precautionary notice covering 3168 Estancia Lane at 9:29 a.m. Saturday, against a service interruption it dates to 11 p.m. Friday. The Fairmont Cove Court area is still active and has now stood about forty nine hours.
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Economics
Koehler's dumping margin on German thermal paper came out at zero, and the rate everybody else deposits stays at 6.27 percent
Commerce determined that thermal paper from Germany was not sold below normal value from November 2023 to October 2024, setting Koehler at 0.00 percent and two non-examined companies at 0.76 percent.
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Finance
FERC says the scoping notice for a sixth Rio Grande LNG train went out with a distribution error, and it has added one virtual session to a review that runs into 2027
FERC will prepare an environmental impact statement for a sixth liquefaction train at Rio Grande LNG in Cameron County, Texas, and cites an error in distributing the scoping notice as its reason for adding a virtual session.
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Cape Coral
Cape Coral police now put the number of licence plate reader cameras cut down at one intersection at four, twice the number first reported
Police say four Flock cameras were damaged at Diplomat Parkway East and Santa Barbara Boulevard, not the two a resident found on Thursday. The department has still published nothing about the incident on its own newsroom.
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Golden Gate
One person was airlifted from a Golden Gate street after a fight became a stabbing, and Collier detectives say another is in custody
Collier County detectives are investigating a fight that turned into a stabbing on the 1800 block of Sunshine Boulevard. One person was flown to hospital with serious injuries and another is in custody. Investigators say there is no threat to the public.
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Economics
Six sections come out of the domestic violence grant regulations, most of the comments opposed it, and the department states it used an AI model for the first scan of those comments
A final rule removes six sections from the Family Violence Prevention and Services regulations, including the one on hotline grants. Sixty comments arrived and most opposed the change.
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Economics
Almost 24 percent of voucher families offered mobility services moved to an opportunity area against 4 percent who were not, and HUD has cancelled the arm of the experiment that was meant to find a cheaper version
A HUD notice cancels the Selected Mobility-Related Services arm of the Community Choice Demonstration, ends study enrollment on 30 June 2026, and reallocates about $7.4m of recaptured service funding.
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Economics
Suitability appeals leave the Merit Systems Protection Board for OPM, and the rule states that a party cannot obtain judicial review of the decision
OPM filed a final rule moving appeals of suitability actions from the MSPB to itself. It drew 343 comments, added procedural safeguards to the proposal, and bars judicial review of the outcome.
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SW Florida
Collier County added 409 residents in a year, Census estimates show, as Southwest Florida apartment vacancy reached a 17 year high
Census Vintage 2025 estimates put Collier County at 417,131 residents on July 1, 2025, a gain of 409 people, with domestic migration at minus 2,337. Gulfshore Business reported Saturday that regional apartment vacancy is at a 17 year high.
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Fort Myers
Lee County Utilities has rescinded all four of the boil water notices this site reported on Wednesday, and its map has shown none active since Friday morning
The last two came off at 9:26 and 9:45 a.m. Friday. Every one of the seven records the county layer holds now carries a rescind date, and the four most recent all cleared within forty five minutes of the two day mark.
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Technology
The noise limit that blocks American high-speed rail was set from measurements of trains running before 1976, and the FRA has proposed an alternative at 96 decibels
The Federal Railroad Administration proposed an optional noise standard for trains above 160 mph, set at 96 dB(A) normalised to that speed. No train in the United States runs that fast today.
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Finance
Venture Global wants to export another 620.5 Bcf of gas a year from a Louisiana terminal that is still being built
Venture Global CP2 LNG has asked the Energy Department for a 20-year licence to export 620.5 Bcf a year from an expansion of its Cameron Parish terminal, which is under construction.
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Small Business
Labor has put the average H-2A wage that sizes farm contractor bonds at $15.96, and the notice announcing the new rates contains none of them
The Labor Department updated the adverse effect wage rates that H-2A farms must pay and set the average used to size labour contractor bonds at $15.96. The rates themselves live on a website.
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Economics
A Medicare rule now says all required therapy rather than the required therapy, and rehabilitation hospitals asked for flexibility that CMS declined to give
CMS finalised the FY 2027 payment rule for inpatient rehabilitation facilities and rewrote the therapy deadline to cover all required therapies, not one. Payments rise 2.3 percent, worth about $340m.
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Technology
The FAA has published version 1.0 of its plan to take lead out of aviation gasoline by 2030, and the summary of the comments that shaped it is still to come
The FAA released version 1.0 of its unleaded aviation gasoline transition plan. Congress set a 2030 target for the piston-engine fleet. A document summarising the public comments behind the revision is listed as still to come.
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Economics
Two proposals would take away a district manager's power to add measures to a coal mine's roof control and ventilation plans, and MSHA has reopened the record on both
MSHA reopened the record on two 2025 proposals that would strip district managers of the power to require extra measures in underground coal mine roof control and ventilation plans. Hearings are set for September.
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Economics
Federal employees terminated during probation have had no appeal at all since June 2025, and the rule that restores one allows three arguments
OPM filed a final rule creating an appeal for federal employees terminated during a probationary or trial period. Three grounds are appealable, the employee has 30 days to file, and OPM decides rather than the MSPB.
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Fort Myers Beach
The rip current statement covering Lee County's Gulf beaches has been extended a second time and now runs through Sunday evening
The National Weather Service pushed the Coastal Lee rip current statement out by another twenty four hours at 1.34 a.m. Saturday. It had been due to end at 8 p.m. Saturday and now runs until 8 p.m. Sunday, August 2.
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Economics
Treasury has taken disparate impact out of its own civil rights regulations, and it issued the rule with no comment period and no delay before it takes effect
A final rule filed on Friday rescinds the parts of Treasury's Title VI regulations that reach conduct with a discriminatory effect. It takes effect on publication, issued without notice and comment under a statutory exception.
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Finance
The Labor Department has cleared changes AT&T made to a $9.21bn pension contribution in 2018, and the window the clearance covers closed in 2023
The Employee Benefits Security Administration amended prohibited transaction exemption 2014-06 for the AT&T Pension Benefit Plan. The plan received $80m for accepting the changes, and the added relief runs from October 2018 to April 2023.
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Technology
The FCC has proposed cutting off imports of foreign military-grade drones, and the swarm category it wrote takes in the ones that fly light shows
The Commission's public safety bureau seeks comment on barring further importation and marketing of previously authorised foreign military-grade drones already on its Covered List. The proposed deadline is 180 days after publication.
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Cape Coral
Cape Coral switches its school zone speed cameras back on for August 11, and the statute splits each $100 violation five ways before the city keeps $60
The Cape Coral Police Department says RedSpeed cameras in sixteen school zones resume enforcement when classes start on August 11. Florida statute sets the penalty at $100 and divides it five ways.
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Naples
Tolls on Alligator Alley go cashless on Monday, and the only statement from the state that this desk could find is a social media post
NBC-2 reports that tolls on Interstate 75 between Collier and Broward counties become cashless on Monday, citing a post by the Florida Department of Transportation's SunPass account. No press release or rule notice was reachable.
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Technology
ChargePoint cut about 10 percent of its global workforce two days before its quarter ended, and the same filing reaffirms the revenue it expects for that quarter
ChargePoint told the SEC it implemented a reorganisation on 29 July including a global workforce reduction of about 10 percent, at an estimated $6m, and reaffirmed second quarter revenue of $100m to $110m.
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Finance
George Santos traded a market on whether he would attend the State of the Union, and the CFTC has barred him from every registered exchange for three years
The Commodity Futures Trading Commission accepted a settlement in which the former congressman consented, without admitting the findings, to disgorge $17,569.98, pay a $17,500 penalty and stop trading on any registered entity for three years.
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Fort Myers
Fort Myers has not touched its boil water map since Wednesday afternoon, leaving Paseo, Reflection Isles and Botanica Lakes coded active into a third day with no start time, no cause and no end date
The City of Fort Myers boil water layer still returns the same three areas it gained at 4:24 p.m. Wednesday, with identical shapes, blank names and null dates. The city's website has been unreachable across the whole period.
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Lehigh Acres
Quantum Fiber's own outage map now shows more than 5,200 Lehigh Acres households offline, and the statement AT&T sent on Friday was the one it sent earlier in the week
This site reported the same outage on Tuesday at more than 200 households. WINK News returned on Friday and put the figure on the company's own map at more than 5,200, eleven days after service dropped, with no restoration date.
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Finance
An inspector watched a worker welding 25 feet up on a platform held by a forklift, and an S&P 500 contractor had to tell the SEC about it
EMCOR disclosed that MSHA issued its subsidiary MOR PPM an imminent danger order under section 107(a) at the Sivells Bend mine in Cooke County, Texas, on 28 July. Nobody was hurt.
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Economics
Medicare's largest hospital rule finalised an update of 2.3 percent, a tenth below what it proposed, and hospitals had already told it the proposal was too low
CMS finalised the FY 2027 inpatient payment update at 2.3 percent after proposing 2.4, because the productivity adjustment moved from 0.8 to 0.9 on newer forecast data. Acute care hospitals gain $2.9bn.
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World
The tariff on patented British medicines went to zero at one minute past midnight, and the notice announcing it was filed that afternoon
Commerce cut the tariff on patented pharmaceuticals and pharmaceutical ingredients that are products of the United Kingdom from 10 percent to zero, effective 12:01 a.m. Eastern on 31 July.
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Lee County
Florida's cyclosporiasis count rose by 97 cases in a single week, and Lee County holds the second-highest total in the state at 25
The state's Thursday update put confirmed and probable cyclosporiasis at 264 cases since January 1, up from 167 a week earlier. Lee County has 25 of them and Collier County has six.
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Finance
Heritage Global is winding down its lending arm, and it has pushed its earnings call back a week because it cannot yet size the write-down
The asset services company will substantially wind down Heritage Global Capital, expects a material non-cash charge on non-performing loans in the second quarter, and moved its results call from 6 August to 13 August.
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Economics
Medicare will pay hospices 2.3 percent more next year, and the same rule builds a public score that ranks them
CMS finalised the FY 2027 hospice payment update at 2.3 percent, worth $755m, lifted the aggregate cap to $36,174.75, and confirmed it will publicly release a nine-metric hospice spending variation index.
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Technology
Amgen has told the SEC that patient health information was taken from cloud environments run by somebody else
Amgen filed an Item 1.05 on Friday afternoon saying proprietary data and patient protected health information were exfiltrated from third-party cloud environments, and that it judged the incident material on 29 July.
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Economics
OPM has taken federal layoff appeals away from the Merit Systems Protection Board and given them to itself, and 99 percent of the comments opposed it
A second OPM final rule filed on Friday replaces the Merit Systems Protection Board as the forum for reduction in force appeals. Of 1,252 comments, OPM writes that fewer than 1 percent were supportive, neutral or mixed.
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Economics
A federal layoff will now rank people by performance first, and a rating of Level 5 is worth seven points
OPM finalised its reduction in force rules on Friday. Retention standing is ranked first on performance credit, seven points for a Level 5 rating down to zero for Level 1 or 2, with length of service demoted to a tie-breaker.
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Technology
The Upper C-band auction has a date, and 3,248 licences go on the block on 27 April 2027
The FCC proposed bidding procedures for Auction 115 on Friday, offering 3,248 flexible-use licences across 160 megahertz. Minimum opening bids run at $0.03 per MHz-pop in the top 50 markets and a tenth of that in the rest.
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World
The visa bond is now permanent at $10,000, $15,000 or $20,000, and the rule reports that issuance from the covered countries fell 83 percent
The State Department finalised its visa bond pilot on Friday and made the programme permanent for B-1/B-2 applicants from covered countries. About 20,000 applications drew a bond in the pilot and close to half were never paid.
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Accounting
Terex earned 20 cents a share in the first half, and the pro forma version of the same six months earns $1.19
Terex voluntarily filed pro forma accounts for its REV Group merger on Friday afternoon. The six months that produced 20 cents of reported earnings per share produce $1.19 once the deal is moved back to January 2025.
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Cape Coral
Cape Coral has lifted the SE 8th Avenue boil water notice and is down to one active area for the first time in three weeks
The city rescinded the 1724 SE 8th Avenue notice at 9:57 a.m. Friday, hours after this site reported it as the older of two active areas. One area is still under a notice, at 2623 Fairmont Cove Court.
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Finance
On a short list of drugs the 340B discount becomes a rebate, and the hospital pays the undiscounted price first
HRSA will let drugmakers deliver the 340B discount as a rebate rather than an upfront price cut, for Medicare-negotiated drugs only, with manufacturer plans due 24 August and a 1 January 2027 start.
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World
Forty-three companies were added to the American forced labour import list on Friday, and the new names are gold, aluminium, copper and coal as much as cotton
The Forced Labor Enforcement Task Force added 43 entities to the Uyghur Forced Labor Prevention Act list, taking it to 187 and superseding the version published in January 2025.
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Tax
Some foreign subsidiaries now have a taxable year one month long, and Treasury has proposed how to split a year of foreign taxes across it
Proposed regulations REG-115145-25 set a single prescriptive method for allocating a foreign subsidiary's taxes between the one-month year created by repeal of the deferral election and the year after.
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Fort Myers
A former bookkeeper is charged with two first degree felonies over a Fort Myers demolition firm's money, and the county's own record shows the 35,000 dollars was posted and she was released on Thursday
WINK News reported the arrest of a former bookkeeper at a Fort Myers demolition firm. The Lee County booking record shows two first degree felony counts, bonds of 10,000 and 25,000 dollars posted on Thursday, a release that afternoon and an August 31 hearing.
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Technology
A quantum computing company now owns a US chip foundry, and SkyWater stock stopped trading before Friday's opening bell
IonQ closed its acquisition of SkyWater Technology on Friday. Each SkyWater share converts into $15.00 in cash plus 0.4883 IonQ shares, and Nasdaq trading was halted before the market opened.
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Economics
Consumer sentiment finished July at 55.2, the highest since February, and the survey says households are looking at prices rather than at the war
The University of Michigan's final July index read 55.2, up 11.5 percent from June's 49.5 and the highest since February, though still 10.5 percent below a year ago.
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Finance
The Fed proposes scrapping the annual depositor vote that mutual holding companies must win before giving up a dividend
The Federal Reserve proposed the first update to its mutual banking rules in 30 years. It would remove the annual member vote that legacy waiver mutual holding companies must hold before declining a dividend.
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Finance
The threshold that forces a bank board to vote on a loan to one of its own directors has stood at $500,000 since 1994, and the Fed proposes $2,000,000
The Federal Reserve proposed the first comprehensive rewrite of Regulation O since 1979, quadrupling five dollar thresholds frozen since 1994 and indexing them to nominal GDP every five years thereafter.
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SW Florida
Both of the weather offices that split Southwest Florida put the weekend flood bullseye north of Lee and east of Collier, and neither county is under a watch, advisory or warning
The Tampa Bay Ruskin and Miami forecast offices both published their reasoning early on Friday. Both put the heaviest flood risk elsewhere, from Sarasota northward and over Glades and northern Hendry, while rating Southwest Florida at the lowest of the four risk categories.
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Economics
Private sector wages fell 0.4 percent in real terms over the year, and benefits are the only part of pay still beating prices
Inflation-adjusted wages and salaries for private industry workers fell 0.4 percent in the year to June 2026, against a rise of 0.1 percent in the year to March. Benefits rose 0.2 percent in real terms.
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Finance
ExxonMobil earned $14.5bn, its reported production fell, and the filing carries a company that did not exist a year ago
ExxonMobil reported second quarter earnings of $14,525m against $4,183m in the first quarter. Reported production fell to 4,514 thousand barrels of oil equivalent a day, and the results are the first filed by a Texas registrant.
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Finance
Chevron earned $12.1bn on Brent at $104, and the gas it sold in the United States fetched 91 cents per thousand cubic feet
Chevron reported second quarter earnings of $12,072m against $2,490m a year earlier, on an average Brent price the release puts at $104 a barrel against $68. Its US natural gas realisation fell to $0.91.
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Cape Coral
Cape Coral is down to two active boil water notices, and the older of them has now stood longer than any of the three the city cleared on Thursday
The city's own boil water map held two active records on Friday morning, at 1724 SE 8th Avenue and 2623 Fairmont Cove Court, after the entire July 28 cluster this site reported on Thursday was rescinded within seven minutes that morning.
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SW Florida
Lennar pays 20.08 million dollars for 109 acres in North Fort Myers, where Caloosa Commons is to bring 515 homes starting in the mid-200,000s
Lennar has bought 109 acres at Littleton Road and U.S. 41 in North Fort Myers for 20,084,383 dollars and plans Caloosa Commons, 515 single family homes and townhomes, the Business Observer reported.
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Cape Coral
Cape Coral advances Bimini East, the 500 million dollar project where the city recovers 26.3 million dollars of the 45.2 million it spent assembling the land
Cape Coral agreed on July 29 to draft a developer agreement for Bimini East, a 500 million dollar mixed use project on about 34 acres, with a 45.75 million dollar tax increment rebate recommended to the CRA.
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Finance
MOL is buying Shell's 35 percent of the Aphrodite gas field for up to $720m, and the field does not produce anything until 2031
The Hungarian group has agreed to acquire BG Cyprus Limited, which holds a non-operated 35 percent interest in Cyprus Block 12. Final investment decision is planned for 2027 and first gas for 2031.
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Finance
The KOSPI closed 17.91 percent higher on Friday, its largest daily gain on record, and retail investors sold into all of it
Seoul's benchmark finished at 6,595.45, up 1,001.89 points. Foreign investors bought a net 7.25 trillion won of KOSPI shares and domestic retail investors sold a net 8.26 trillion won.
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Economics
Euro area inflation went up to 2.9 percent in July, and energy is the only component of the four that is running in double digits
Eurostat's flash estimate puts July inflation at 2.9 percent, after 2.8 percent in June. Energy is estimated at 10.0 percent, up from 8.5 percent, on a weight of 90.3 parts in 1,000.
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Economics
The Bank of Japan held at 1 percent and cut this year's inflation forecast, and the reason it gives is a subsidy rather than cooling prices
The Policy Board voted 8 to 1 to keep the overnight call rate at around 1.0 percent. Its median core inflation forecast for fiscal 2026 fell to 2.5 percent from 2.8 percent in April.
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Fort Myers
A Lee County deputy used a grappler to stop a car on Three Oaks Parkway, and the jail record shows both counts from the four day domestic investigation held with no bond
Lee County deputies stopped a car with a grappler device on Thursday morning. The booking record shows Ryan Corey Hillaker, 46, held on two counts, both with no bond set and a hearing listed for August 31.
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Economics
UK house price growth slowed to 1.8 percent in July, and the same release puts the average stay in a home in England at 14 years
Nationwide put annual growth at 1.8 percent in July against 2.2 percent in June, with the average price £277,542. Its own note on English Housing Survey data puts outright owners in place for almost 24 years.
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Economics
Korean factory output rose 6.4 percent in a single month on cars and memory chips, and construction is still smaller than it was a year ago
Mining and manufacturing output rose 6.4 percent on May, with car production up 15.4 percent and semiconductors up 4.5 percent. Construction work completed remains 4.0 percent below a year earlier.
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Economics
France published two inflation rates for July, 2.1 percent on its own index and 2.4 percent on the European one
INSEE's provisional July index put annual consumer price inflation at 2.1 percent after 1.8 percent in June. On the harmonised measure the European Central Bank aggregates, it is 2.4 percent.
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Finance
Foreign investors sold a net 49.3 trillion won of Korean shares in June, and the value of what they hold went up by 56.3 trillion won
The Financial Supervisory Service put foreign net selling of listed Korean shares at 49.34 trillion won in June, a sixth consecutive month. Foreign holdings still rose, to 36.4 percent of market value.
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Fort Myers
A Lee County judge ordered the man charged in the Winkler Avenue killing held without bond, and said he is subject to an immigration detainer
Willian Rosa Do'Amaral, charged with second-degree murder over the fatal shooting of a woman on Winkler Avenue, was returned to court on Thursday for a pretrial detention hearing. Judge Robert J. Branning ordered him held in the Lee County Jail without bond.
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Technology
Korea's consumer commission has decided Coupang owes 100,000 won each to the 50 people who asked, and says silence from either side counts as acceptance
The Consumer Dispute Settlement Commission decided Coupang Corp. must pay 100,000 won, in cash or store credit, to each of 50 applicants over its data leak. Both sides have 15 days to answer.
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Lehigh Acres
The Lee County Sheriff's Office says multiple search warrants have been served in the Lehigh Acres investigation, and that it cannot confirm whether the 21st Street Southwest home is connected to the killing of 15-year-old Matthew Stmarc
Deputies canvassed 20th Street Southwest on Thursday. The sheriff's office says its Major Crimes Unit is still working and will not say more, and it has not tied the warrants to the homicide.
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Personal Finance
The deadline to comment on scrapping the rule that puts taxes inside an advertised airfare was Friday, and it is now 21 August
The Transportation Department extended the comment period on its airfare advertising proposal by 21 days, after requests from Airlines for America, Southwest and the Travel Technology Association.
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Economics
Tokyo inflation quickened to 2.0 percent in July, and the largest single drag on it is a nursery fee that is now zero
Japan's Statistics Bureau put the Tokyo ku-area index at 113.2 in July, up 2.0 percent on the year against 1.7 percent in June. Nursery fees took 0.46 points off.
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Economics
China's factory gauge fell back under 50 in July, and construction new orders dropped 6.2 points to 40.1
The National Bureau of Statistics put the manufacturing PMI at 49.2 in July, down 1.1 points, and the non-manufacturing business activity index at 49.0. The composite output index was 49.3.
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Fort Myers
Fire crews contained a blaze at a Fort Myers home built in 1926 that had been divided into an efficiency, and the fire department reported no injuries
The Fort Myers Fire Department brought a fire at a nearly hundred year old house under control on Thursday, July 30. The owner was evaluated at the scene and was not taken to hospital.
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Fort Myers Beach
The rip current statement covering Lee County's Gulf beaches has been extended by a day and now runs through Saturday evening
The National Weather Service extended its Coastal Lee rip current statement on Thursday afternoon. It had been due to end at 8 p.m. Friday and now runs until 8 p.m. on Saturday, August 1.
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Finance
The KOSPI added 874 points in the first hour of Friday trading, and the only curb the exchange has for a rise ran for five minutes
Seoul's benchmark stood at 6,467.94 shortly before 10 a.m. on Friday, up 15.63 percent, after three consecutive falls. A buy-side sidecar suspended program buying for five minutes at 9:06 a.m.
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Cape Coral
Two automated licence plate reader cameras were pulled down at a Cape Coral intersection, and police say they are investigating
A driver found two automated licence plate reader cameras on the ground at Diplomat Parkway East and Santa Barbara Boulevard on Thursday morning, cut at the base of their poles. Cape Coral police say they are investigating.
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Bonita Springs
Governor DeSantis has signed a death warrant in a Bonita Springs case from 1976, setting an execution window that opens on September 1
Governor Ron DeSantis on Thursday signed a death warrant for Harold Gene Lucas, 74, in the 1976 killing of 16-year-old Jill Piper in Bonita Springs. The execution window runs from noon on September 1 to noon on September 8.
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Economics
Japan's industrial output rose 1.3 percent in June, with production machinery up 7.6 percent and electronic parts and devices down 6.3 percent
METI's preliminary index put June industrial production up 1.3 percent on the month, a third consecutive rise. Production machinery led at 7.6 percent while electronic parts and devices fell 6.3 percent.
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Economics
Japan's jobless rate held at 2.5 percent, and the rise in unemployment came from people who did not choose to leave
The Statistics Bureau put June unemployment at 2.5 percent, unchanged on the month. Involuntary separations rose 60,000 from a year earlier while separations recorded as voluntary fell 40,000.
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Tax
About two points of Apple's 50.1 percent gross margin came from tariff refunds, and 11 cents of its $2.02 in earnings per share
Apple reported June quarter revenue of $109.4 billion, up 16 percent, and said gross margin of 50.1 percent included a favourable impact of about 2 percentage points from tariff refunds, with diluted earnings per share of $2.02 including $0.11 of them.
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Technology
Amazon's quarterly net income more than tripled to $62.6bn, and $53.4bn of it sits on the non-operating line
Amazon reported second quarter net sales of $200.6 billion, up 20 percent, and net income of $62.6 billion that includes $53.4 billion of non-operating pre-tax other income the company attributes primarily to its Anthropic investments.
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Finance
Electronic Arts says every regulatory approval for its $210 a share buyout is now in hand, and that it expects to stop being a public company at the close on 4 August
Electronic Arts told the SEC on Thursday that all regulatory approvals for its take-private have been obtained, and that it expects the merger to close on or about the close of trading on 4 August.
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Accounting
A Nasdaq listed data centre company has withdrawn its first quarter accounts and says it cannot yet quantify how wrong they were
New Era Energy & Digital told the SEC on Thursday that its first quarter accounts should no longer be relied upon, and that it cannot yet quantify the combined effect of the errors, which may be material.
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Finance
The mutual holding company that owns 81 percent of a Cleveland thrift has been cleared to take none of its dividends, up to $1.27 a share, for a year
TFS Financial reported that its mutual holding company received Federal Reserve non-objection to waive dividends on the 81 percent stake it holds, up to $1.27 a share during the 12 months ending 7 July 2027.
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Finance
An FDA advisory committee voted 9 to 3 that the evidence does not support a Duchenne heart therapy, and Capricor says the question put to it was narrower than the application
An FDA advisory committee voted 9 to 3 that available evidence did not support the effectiveness of Capricor's Deramiocel for cardiomyopathy in Duchenne muscular dystrophy. The PDUFA target action date remains August 22.
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Finance
Avanos Medical has left the New York Stock Exchange at $25.00 a share, and $675m of term loans was drawn against it on the closing day
Avanos Medical recorded the completion of its acquisition by affiliates of American Industrial Partners, with each share converted into $25.00 in cash and aggregate merger consideration of approximately $1,200 million.
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Technology
Etsy has sold Depop to eBay on a $1.2bn purchase price, five years after recording $1.493bn of consideration to buy it
Etsy recorded the completed sale of Depop to eBay for approximately $1.4 billion in cash at closing, reflecting a $1.2 billion purchase price plus adjustments. Etsy paid $1.493 billion for Depop in 2021.
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World
Treasury has sanctioned the travel agents that sell tickets and cargo space for Mahan Air in China, India and Russia
The Treasury Department's Office of Foreign Assets Control designated six entities and individuals in China, India, Russia and Iran on Thursday, most of them companies that act as general sales agents for the Iranian airline Mahan Air.
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Economics
Jobless claims rose 9,000 last week on the adjusted measure, and the raw count fell to below where it stood a year ago
Seasonally adjusted initial claims for unemployment insurance were 197,000 in the week ending 25 July, an increase of 9,000 from the previous week's revised 188,000, the Employment and Training Administration reported at 8:30 a.m. Eastern on Thursday.
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Finance
The dividends stop immediately at a 116-year-old Illinois bank, under an agreement that runs from loan grading to anti-money-laundering
Iuka Bancshares and The Iuka State Bank of Salem, Illinois entered a written agreement with the St. Louis Fed and Illinois regulators that stops dividends and new debt without prior approval, after examiners found deficiencies including Bank Secrecy Act compliance.
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Finance
An Alabama bank has told the SEC it obtained representations from the threat actor that the stolen data was deleted
River Financial Corporation, the Prattville, Alabama holding company for River Bank and Trust, filed its fourth amendment to a June cybersecurity disclosure on Thursday morning, and it carries a sentence that appears in none of the four filings before it.
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Marco Island
A fire on the 25th floor of a Cape Marco high-rise emptied the building at one in the morning, and one Marco Island firefighter was taken to hospital
Marco Island firefighters were called to a high-rise condominium building in the 900 block of Cape Marco Drive at about 1:09 a.m. on Thursday, July 30, after flames started on the 25th floor.
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Fort Myers Beach
A fire has closed part of Estero Boulevard at the southern end of Fort Myers Beach, and the island's fire district says the structure had no occupants and nobody was hurt
A partial closure of Estero Boulevard is in effect at the southern end of Fort Myers Beach on Thursday, July 30, while emergency crews work a house fire.
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Finance
Extreme Networks has swapped a term loan and revolver for a single $500m revolving line, drawn $200m of it on the first day, and moved the agent's chair from Bank of Montreal to JPMorgan
Extreme Networks filed a Form 8-K at 07:17 on Thursday morning recording a new credit agreement entered into on 29 July with JPMorgan Chase Bank as administrative agent.
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World
The maritime body that ships' masters report to has logged nothing new since 27 July, after 22 reports in the first 26 days of the month, and an empty log is not the same thing as an empty sea
United Kingdom Maritime Trade Operations, the Royal Navy centre that merchant masters and company security officers report incidents to, carried 22 reports on its recent incidents list when this desk read it at about 10:45 a.m. Eastern on Thursday.
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Finance
Open Lending has been taken private at $3.15 a share, and the buyer put up $250m of committed debt against $100m of committed equity to do it
Open Lending Corporation filed a Form 8-K at 09:13 on Thursday morning recording the completion of its acquisition by ANV Group Holdings Ltd., a private limited company incorporated in England and Wales, and the end of its Nasdaq listing.
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World
US Central Command says it completed a heavy wave of strikes on dozens of Revolutionary Guard targets in Iran, and the Guard has answered that it will punish the aggressor the same day
US Central Command published a release on July 29 saying that at 10 p.m. Eastern that evening its forces completed what it called a heavy wave of strikes against Iran, in response to the attempted missile attacks on American forces the day before.
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Economics
The household saving rate fell to 2.7 percent in June, and the monthly PCE price index went negative in the same quarter its annualised rate hit 5.1 percent
Personal income increased $54.9bn, or 0.2 percent at a monthly rate, in June, according to the Bureau of Economic Analysis release published at 8:30 a.m. Eastern on Thursday, BEA 26-36.
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Economics
Real GDP slowed to 1.5 percent, and the release says the drop in federal nondefense spending that led the government decline mainly reflects oil sold out of the Strategic Petroleum Reserve
Real gross domestic product increased at an annual rate of 1.5 percent in the second quarter of 2026, according to the advance estimate released by the Bureau of Economic Analysis at 8:30 a.m. Eastern on Thursday, release number BEA 26-35.
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Finance
Freddie Mac's profit rose 61 percent while its delinquency rate rose too, because the quarter's credit reserve release came from a change in how it generates house price scenarios
Freddie Mac reported second quarter 2026 net income of $3,838m on Thursday morning, up 61 percent from $2,387m a year earlier, in an Exhibit 99.1 attached to a Form 8-K filed with the Securities and Exchange Commission.
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Finance
ICE is buying MarketAxess for $167 a share in cash, and it has agreed to pay more if antitrust stops the deal than MarketAxess pays if a rival outbids it
Intercontinental Exchange filed a Form 8-K on Thursday morning disclosing an Agreement and Plan of Merger dated 29 July 2026 with MarketAxess Holdings Inc. and Igloo Merger Sub II, Inc., under which every MarketAxess share converts into the right to receive $167.00 in cash.
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Naples
Naples loses a February event that drew 15,000 paying visitors to Fifth Avenue South, and Collier County is now courting it
Cars on 5th will not apply to return to Fifth Avenue South in 2027, and Collier County commissioners say they are in talks to keep the show in the county, Gulfshore Business reported.
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Fort Myers
Fort Myers votes August 3 on lifting its property tax cap to 7.3112 mills, which is exactly the ceiling a two-thirds vote allows
The Fort Myers City Council will vote August 3 on raising its property tax rate cap from 6.5 mills to 7.3112 mills, the highest rate it can reach without voting unanimously, alongside a higher fire fee cap and a bond issue.
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Finance
Delivery is now 54 percent of Yum China's sales, and Pizza Hut's average ticket fell 11 percent while its transactions rose 13 percent
Yum China Holdings reported unaudited second quarter 2026 results on 30 July 2026 in an exhibit to a Form 8-K. Total revenues rose 13 percent year on year to $3.1bn, or 6 percent excluding foreign currency translation.
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Finance
CRH split the Americas two ways in one set of accounts, with aggregates earnings up 12 percent and its building products earnings down 8 percent
CRH reported second quarter 2026 results on 30 July 2026 in an exhibit to a Form 8-K. Total revenues were $10.8bn against $10.2bn a year earlier, 6 percent higher.
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Economics
The euro area grew 0.4 percent after a flat first quarter, and the member state with the fastest quarter is the only one still shrinking on the year
Seasonally adjusted gross domestic product rose 0.4 percent in the euro area and 0.5 percent in the European Union in the second quarter of 2026 against the first, according to the preliminary flash estimate published by Eurostat on 30 July 2026 as release 2-30072026-AP.
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Economics
Germany grew 0.2 percent in the second quarter, and the same release revised the 2024 contraction away
German gross domestic product grew 0.2 percent in the second quarter of 2026 against the first, adjusted for price, seasonal and calendar variations, the Federal Statistical Office said in press release number 269 of 30 July 2026.
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Technology
Samsung told its earnings call that AI customers will pass 30 percent of foundry revenue this year, and that HBM4 will pass 60 percent of its HBM sales in the second half
Samsung Electronics held its second-quarter earnings call on Thursday morning in Seoul.
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Finance
The KOSPI was up more than 5 percent on Thursday morning and closed down 1.23 percent, its third fall in a row
The KOSPI closed at 5,593.56 on Thursday in Seoul, down 69.68 points or 1.23 percent, its third consecutive decline, reported by Cho Su-yeon at the Seoul Economic Daily.
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Naples
Collier is under a heat advisory for a second straight day, with the same 106 to 110 forecast, while the county's rip current statement expired on Wednesday night and was not renewed
The National Weather Service office in Miami issued a fresh Heat Advisory at 3:52 a.m. on Thursday, July 30, covering Coastal Collier and Inland Collier along with six zones across Palm Beach, Broward and Miami Dade.
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Naples
A Naples man is charged with manslaughter four months after a shooting on 8th Avenue Southeast that the sheriff's office says began with a rifle fired toward a noise near a chicken coop
The Collier County Sheriff's Office arrested Ariel Gonzalez Rodriguez, 25, and charged him with manslaughter with a firearm, four months after his neighbour Jason Sheffield was found shot dead on an adjoining property. The charge is an accusation.
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Cape Coral
Cape Coral's boil water map has turned over completely, with four notices now active and all three from Tuesday rescinded
The layer that feeds Cape Coral's public boil water map held four active records early Thursday, none of them rescinded, and not one of them is an area this site listed on July 28.
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Tax
LG Energy Solution reported an operating profit of 113.3 billion won, and the American production incentive booked inside its revenue was 241 billion won
LG Energy Solution reported consolidated revenue of 7.6 trillion won for the second quarter of 2026, up 15.3 percent on the quarter, and an operating profit of 113.3 billion won at a margin of 1.5 percent.
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Economics
The Fed chairman put the rise in market interest rates since the June meeting in the top decile of the last two decades, and called it a change for the better
The Federal Reserve has published the transcript of Chairman Warsh's opening statement at the press conference following the July 28 to 29 FOMC meeting. It is marked preliminary and covers the opening statement only, not the questions.
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Economics
Japan cut its growth forecast for this fiscal year to 0.9 percent, and lifted the oil price it assumes from $68.0 a barrel to $92.5
The Cabinet Office published its mid-year projection for fiscal 2026 on July 30, cutting the forecast for real GDP growth to 0.9 percent from the 1.3 percent the Cabinet approved on January 23.
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Finance
Korea raised its national pension fund's domestic share target to 20.8 percent, widened the band around it, cut how much it may trade in a day, and decided not to publish the band
The National Pension Fund Management Committee raised the 2026 domestic equity target to 20.8 percent from 14.9 percent and widened the permitted rebalancing range for domestic equities, while declining to disclose the range itself.
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Finance
The KOSPI steadied on Thursday morning while its chip stocks kept falling, and retail investors were the ones selling
The KOSPI opened at 5,681.77 on Thursday in Seoul, up 18.53 points or 0.33 percent, and was at 5,678.45 at 10:15 a.m., up 15.21 points or 0.27 percent, reported by Kim Daehyun at The Asia Business Daily.
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Fort Myers
The private weather radar on the roof of Lee County's Public Safety Center is days from going live, eleven months after the county signed for it
A supplemental weather radar mounted on the Lee County Public Safety Center in Fort Myers is expected to be operational within days, WFLX reported on Wednesday evening, July 29.
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Finance
Korea's finance ministry puts the KOSPI down 28.9 percent in a month against 0.4 percent on Wall Street, and floats a 20 percent cap on leveraged holdings
Deputy Prime Minister Koo Yun-cheol convened an emergency market meeting after the KOSPI fell 28.9 percent from the end of June, and four further measures on single-stock leveraged products are to be pursued immediately.
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Finance
Samsung reported the largest operating profit in its history, and one division accounted for all but KRW 0.3 trillion of it
Samsung Electronics reported second-quarter consolidated revenue of KRW 171.5 trillion and operating profit of KRW 89.5 trillion on Thursday morning in Seoul, calling both all-time highs and putting the revenue figure 28 percent above the first quarter.
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Naples
Kelly Roofing told customers it is insolvent and winding down, and state records show the Naples entity was merged away in 2023
WINK News reported on Wednesday that Kelly Roofing, one of the best known roofing contractors in Collier County, told customers in a letter that it is insolvent and winding down all operations after its lender froze its account early Tuesday morning.
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Tax
Starbucks says it has received substantially all of the IEEPA tariff refunds it asked United States customs for, and that they largely cancelled out three quarters of tariffs
Starbucks says it submitted refund requests for tariffs paid under the International Emergency Economic Powers Act and has received substantially all of them, largely offsetting tariffs incurred in the first three quarters of fiscal 2026. No dollar figure is given.
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Finance
Lam Research has guided September revenue to $8.10bn, a fifth above the record quarter it reported on Wednesday and more than half again on a year ago
Lam Research's results for the quarter ended 28 June, filed with the Securities and Exchange Commission on Wednesday afternoon, report revenue of $6,722.2m against $5,841.5m in the March quarter and $5,171.4m in the same quarter of 2025.
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Technology
Qualcomm says wafer fabrication, assembly, test, packaging and memory are all costing more, and that it is putting the increase into its prices
Qualcomm's outlook says the semiconductor industry is seeing a broad-based increase in input costs and that it will reflect them in product pricing. Handset revenue fell 20 percent to $5,086m.
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Technology
Analog Devices says files were taken out of its systems on 23 June, and told the SEC about it on Wednesday evening under Other Events
Analog Devices filed a Form 8-K on Wednesday evening stating that on 23 June 2026 it identified unauthorised access to certain company systems, and that its investigation has found that certain files were exfiltrated from the affected systems.
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Fort Myers
The City of Fort Myers boil water notice map, empty on every previous check this month, was populated at 4:24 p.m. on Wednesday with three active areas covering Paseo, Reflection Isles and Botanica Lakes
The feature layer that the City of Fort Myers publishes its boil water notice areas from now holds three areas, each coded Active.
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Fort Myers
Fort Myers police say a person was found dead inside a Maravilla Avenue apartment and that a barricaded man, named by the department as Aaron Spencer, 23, was killed in an officer-involved shooting
The Fort Myers Police Department has released the outcome of the Maravilla Avenue scene it worked on Wednesday morning, July 29, and it involves two deaths.
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Lehigh Acres
A Lee County Sheriff's Office special unit served a search warrant on 21st Street Southwest in Lehigh Acres on Wednesday, and deputies and SWAT were still on scene into the evening
There is a large law enforcement presence on 21st Street Southwest in Lehigh Acres on Wednesday evening, July 29, after a search warrant was served.
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Technology
Meta raised the floor of its expense outlook to absorb $2.4bn of legal charges, and raised its tax rate outlook in the same paragraph
The CFO Outlook Commentary in Meta Platforms' second quarter release, filed with the Securities and Exchange Commission at 4:03 p.m. Eastern on Wednesday, revises three of the company's stated ranges for 2026.
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Finance
Microsoft put $35.8bn into property and equipment in one quarter, more than twice a year ago, and reported a commercial backlog of $678bn
Microsoft's fourth quarter filing records additions to property and equipment of $35,802m for the quarter and $115,948m for the fiscal year, with commercial remaining performance obligation up 84 percent to $678 billion.
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Accounting
Microsoft's adjusted earnings take out a $480m gain on OpenAI, and leave a $3.2bn gain on Anthropic where it is
Microsoft reported fourth quarter and full year results on Wednesday in an 8-K accepted by the Securities and Exchange Commission at 4:04 p.m. Eastern, alongside its 10-K.
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Finance
Meta's revenue rose 28 percent in the quarter, and its free cash flow came to $784m
Meta Platforms reported second quarter results on Wednesday in an 8-K accepted by the Securities and Exchange Commission at 4:03 p.m. Eastern. Revenue was $60,801m, up 28 percent from $47,516m.
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Fort Myers
Fort Myers police lifted the Cleveland Avenue roadblocks at 11:13 a.m. on Wednesday, after a morning scene the department described as a barricaded subject with shots fired
The Fort Myers Police Department posted three times on Wednesday morning, July 29, about a scene on Maravilla Avenue.
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Small Business
The EEOC has proposed abolishing the EEO-1 and every other workforce report it collects, and it set the hearing date on Wednesday
The Equal Employment Opportunity Commission filed a hearing notice for public inspection on July 29, 2026 at 8:45 a.m., document 2026-15340, RIN 3046-AB37, publishing July 30.
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Economics
The fee to file a new drug application falls by $81,250 next year, because the FDA is holding four and a half weeks more carryover cash than the statute lets it keep
The Food and Drug Administration filed its prescription drug user fee rates for fiscal 2027 for public inspection on July 29, 2026, at 8:45 a.m., document 2026-15334, docket FDA-2026-N-0007, publishing July 30 and effective October 1, 2026.
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Economics
The Fed held rates, and three of its twelve voters wanted a rise, against none in June
The Federal Open Market Committee held the federal funds target range at 3-1/2 to 3-3/4 percent by a 9 to 3 vote, with Beth Hammack, Neel Kashkari and Lorie Logan each preferring a quarter-point rise.
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World
Treasury has designated two Iranian marine insurers it says sell vessels cover against risks Iran creates in the Strait of Hormuz
The Office of Foreign Assets Control designated ten entities and identified eight tankers as blocked property on July 29, 2026, in an action Treasury titled Treasury Disrupts Iranian Regime's Strait of Hormuz Extortion Network, release sb0581.
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Fort Myers
Four Lee County Utilities boil water notices are in effect on Wednesday morning, and two of them started at 9 a.m.
The layer that feeds Lee County Utilities' public boil water notice map held four notices with no rescind date on Wednesday morning, July 29.
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Economics
Electrolux booked refunds on one set of American tariffs and raised its prices by up to 20 percent because of another
Electrolux Group's second-quarter report, published Wednesday morning in Stockholm, shows the two American tariff regimes pulling its North American business in opposite directions.
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Tax
Rio Tinto's Mongolian copper venture paid $443m to the tax authority in the first half, and reserved the right to dispute it
Rio Tinto's half-year results, published Wednesday, disclose that Oyu Tolgoi made a $443 million tax payment during the six months to 30 June.
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Finance
Rio Tinto's copper earnings rose 84 percent, its iron ore earnings fell 1 percent, and iron ore is still the larger of the two
Rio Tinto reported half-year results on Wednesday showing underlying EBITDA of $14,826m for the six months to 30 June, up 28 percent from $11,547m. The increase came almost entirely from one product group.
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Tax
Korea's finance minister told the National Assembly the tax on virtual assets starts in January as scheduled, and that the loss carryforward question comes afterwards
Deputy Prime Minister Koo Yun-cheol told the National Assembly that Korea will begin taxing income from virtual assets next year as scheduled, and that supplements will be considered after the tax takes effect, the Seoul Economic Daily reports.
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Economics
The line saying a downward turn in Korean shares was unlikely is not in the Bank of Korea's report to parliament this time
The Bank of Korea submitted a business report to the National Assembly's Finance and Economic Planning Committee on Wednesday, and Han Dong-hoon at the Seoul Economic Daily reports that a sentence carried in the equivalent report earlier this month is absent from it.
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Finance
The KOSPI was 12.63 percent down at its worst on Wednesday and closed 5.98 percent down, taking back more than half the fall after the halt
The KOSPI closed at 5,663.24 on Wednesday in Seoul, down 360.42 points or 5.98 percent, and the KOSDAQ closed at 662.68, down 43.17 points or 6.12 percent, both reported by Lim Hye-rin at the Seoul Economic Daily.
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Naples
Collier County now has its own rip current statement, issued overnight and running through Wednesday evening
The National Weather Service office in Miami issued a Rip Current Statement for Coastal Collier County at 2:16 a.m. on Wednesday, July 29. It took effect immediately and runs until 8 p.m. the same day.
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Finance
The KOSPI stopped trading for a second day running, a first, and the central bank told parliament that morning that rates still need to rise
The Korea Exchange halted trading in KOSPI-listed shares for 20 minutes from 12:31 p.m. on Wednesday in Seoul after the index fell more than 8 percent from Tuesday's close, Yonhap reported.
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Technology
Renesas found cracks and a water leak at its two Kumamoto fabs, and says the cleanrooms are still holding
Renesas Electronics published its first account of the Kumamoto earthquake on Wednesday, a day after the magnitude 7.1 quake, and it is the most specific damage report any chipmaker in the prefecture has given.
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Naples
Collier County is under a heat advisory from 11 a.m. Wednesday, with a heat index forecast of 106 to 110
The National Weather Service office in Miami issued a Heat Advisory at 12:52 a.m. on Wednesday, July 29, covering Coastal Collier and Inland Collier counties along with six zones across Palm Beach, Broward and Miami Dade.
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Technology
The FAA wants requirements under 13 laws, from the Endangered Species Act to the Clean Water Act, to stop applying to commercial space licences
The Federal Aviation Administration filed a notice of proposed rulemaking for public inspection on Tuesday afternoon that would invoke the Transportation Secretary's authority under 51 U.S.C.
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Finance
SK hynix booked more net profit than revenue in the quarter, and its shares fell 10 percent on the morning it said so
SK hynix reported second-quarter revenue of 79.3187 trillion won, operating profit of 60.5426 trillion won and net profit of 93.9226 trillion won on Wednesday, giving an operating margin of 76 percent and what the company's own release calls a net margin of 118 percent.
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Technology
American Airlines stopped its own flights on Tuesday evening after a technology failure, and the FAA's log of those hours names one airport
American Airlines lifted a national ground stop late on Tuesday after what the carrier called a technology issue that briefly affected connectivity for some of its systems, S.E.
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Lehigh Acres
More than 200 Lehigh Acres households have been offline for eight days, and the people losing pay were offered a 15 dollar credit
Neighbours in Lehigh Acres have been without internet for eight days after a third-party contractor damaged multiple sections of Quantum Fiber's fibre optic cables, WINK News reported Tuesday.
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World
A major quake in Kumamoto emptied the TSMC, Sony and Tokyo Electron plants, and TSMC says its Japan fab is already restarting
An earthquake struck Kumamoto prefecture on Japan's southern island of Kyushu at 4:27 p.m. local time Tuesday, 3:27 a.m. Eastern.
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Finance
PPG says it covered about 90 percent of its cost inflation with price in the quarter, and expects to cover all of it a quarter earlier than it promised
PPG reported second quarter 2026 results on July 28, 2026, furnishing the release to the Securities and Exchange Commission as Exhibit 99 to a Form 8-K under Items 2.02 and 9.01, accession number 0000079879-26-000246.
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World
Czechia and Slovakia sent aircraft to fight the fires in France, and the EU crisis commissioner now says extreme conditions are looming over both
The European Commission's civil protection and humanitarian aid directorate published an account on July 27, 2026 of the assistance deployed to France and Spain under the EU civil protection mechanism.
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Finance
Southern California Edison sold $1.95bn of Woolsey Fire bonds on Tuesday, and the charge that repays them runs on customer bills until 2061
SCE Recovery Funding LLC, a bankruptcy-remote subsidiary of Southern California Edison, issued $1,953,948,000 of Senior Secured Recovery Bonds, Series 2026-A on July 28, 2026, reported to the Securities and Exchange Commission under Item 8.01 of a Form 8-K, accession number 0001193125-26-321246.
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World
The US military says it shot down an Iranian ballistic missile attack on American forces, ending a pause in a war that has kept the Strait of Hormuz closed
US Central Command said on Tuesday evening, July 28, that Iranian forces launched multiple ballistic missiles at American forces based in the Middle East and that all of them were intercepted.
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Naples
Collier County commissioners voted to keep pausing data center approvals while they write the rules, and chose that tool over a formal moratorium
The Collier County Board of County Commissioners voted unanimously on Tuesday, July 28 to continue using a legal tool known as zoning in progress while county staff draft regulations for data centers.
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Finance
In April Extra Space Storage allowed for the income from its established stores to fall this year, and on Tuesday it moved the floor of that range up 2.75 points
Extra Space Storage Inc. reported second quarter 2026 results after the close on July 28, furnishing the release to the Securities and Exchange Commission as Exhibit 99.1 to a Form 8-K, accession number 0001289490-26-000048.
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Finance
WM lowered its revenue forecast for the year and raised its margin forecast, and the profit range between them did not move
WM reported second quarter 2026 results after the close on July 28, furnishing the release to the Securities and Exchange Commission as Exhibit 99.1 to a Form 8-K, accession number 0001104659-26-087575.
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Finance
HF Sinclair will separate the lubricants business whose quarterly earnings just rose from $33m to $181m, and retire its Canadian base oil refinery
HF Sinclair Corporation issued two press releases on July 28, 2026, furnished to the Securities and Exchange Commission as Exhibits 99.1 and 99.2 to a Form 8-K, accession number 0001915657-26-000046.
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Naples
A 16-year-old swimmer died on Tuesday after going missing in choppy water off the 2nd Avenue North beach end in Naples, the police department says
The Naples Police Department and the Naples Fire-Rescue Department received a report of a missing 16-year-old swimmer near the 2nd Avenue North beach end at about 2:08 p.m. on Tuesday, July 28.
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Fort Myers Beach
The National Weather Service has warned of dangerous rip currents at Lee and Charlotte county beaches from Wednesday morning through Friday evening
The National Weather Service warned that dangerous rip currents are expected from Wednesday morning through Friday evening along Coastal Lee and Coastal Charlotte counties, including Fort Myers Beach, Sanibel, Captiva, Bonita Beach and Lovers Key.
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Economics
The tariffs imposed under the Brazil emergency were switched off in February, and on Tuesday the emergency itself was continued for another year
A notice signed July 28, 2026 and filed for public inspection at 11:15 that morning continues for one year the national emergency with respect to Brazil that was declared in Executive Order 14323 of July 30, 2025 under the International Emergency Economic Powers Act.
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Fort Myers Beach
The traffic light at Old San Carlos and Estero boulevards on Fort Myers Beach is working again, more than three years after Hurricane Ian took it out
The signal at the intersection of Old San Carlos Boulevard and Estero Boulevard, the junction traffic passes through coming off the Matanzas Pass bridge onto Fort Myers Beach, is back in service.
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Finance
Ashland gave an investor group two board seats and a committee on capital allocation, and put the chief executive on it without a vote
Ashland appointed two independent directors and entered a cooperation agreement with Ancora Holdings Group, forming a Capital Allocation Advisory Committee, with a standstill running toward the 2027 and 2028 annual meetings.
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Finance
The shell company that is meant to end up owning Sysco took the Sysco name on Tuesday, while the FTC still has a second request outstanding on the deal
A Delaware shell formed to hold Sysco and Jetro Restaurant Depot renamed itself Sysco Holdings Corporation, but neither company has filed a report stating that the mergers have completed.
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Technology
AT&T closed the $23bn EchoStar spectrum purchase on Tuesday, and drew $14.5bn of term loans the same day
AT&T told the Securities and Exchange Commission on July 28, 2026 that AT&T Mobility II LLC completed the closing of the License Purchase Agreement it signed with EchoStar Corporation and certain EchoStar subsidiaries on August 25, 2025.
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Tax
The IRS put two whistleblower totals on the record for the program's whole life, $8 billion collected and $1.4 billion paid out, and no annual figure for either
The IRS said in IR-2026-84 that since 2007 its whistleblower program has contributed to more than $8 billion recovered and over $1.4 billion paid in awards, cumulative figures with no annual breakdown.
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Small Business
A court voided USDA's wetland rule two years ago, and the replacement filed Tuesday reaches the same answer with one of the two tests removed
USDA filed an interim rule treating all wetland determinations issued after November 28, 1990 as certified if the person affected was notified and given appeal rights, responding to a 2024 court vacatur. Comments are due sixty days after publication.
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Economics
Seven months after the grace period ran out, the agency that bans seafood imports is asking whether the ban should be the first move
The National Marine Fisheries Service filed an advance notice of proposed rulemaking for public inspection on July 28, 2026, opening a comprehensive review of the fish and fish product import provisions of the Marine Mammal Protection Act.
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Economics
Two more years for the customs test where walking into the right queue counts as your declaration, and it still runs at one airport
U.S. Customs and Border Protection filed a general notice for public inspection on July 28, 2026, extending the Air Declaration Zone Test through October 16, 2028.
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Fort Myers
The Ranchette Road arrest report says the man charged admitted killing his mother, but the Lee County Sheriff's Office still cannot positively identify the woman who died
Two things emerged on Tuesday, July 28 in the Ranchette Road case in South Fort Myers, and they sit awkwardly together.
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North Fort Myers
A wellness check in North Fort Myers turned into a barricade scene on Tuesday, and one person has been detained, the Lee County Sheriff's Office says
Lee County deputies went to a residence near Second Way and Cabana Avenue in North Fort Myers on Tuesday, July 28 to carry out a wellness check, and the sheriff's office said the call escalated when a person barricaded themself inside.
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Finance
Centene covers 2.1 million fewer people than it did a year ago, and on Tuesday it raised its profit guidance
Centene Corporation reported second quarter 2026 results on July 28, furnishing the release to the Securities and Exchange Commission as Exhibit 99.1 to a Form 8-K, accession number 0001071739-26-000154.
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Economics
Commerce issued an antidumping order on eight Korean specialty chemicals, and the same order tells Customs to hand back deposits on three months of earlier imports
The International Trade Administration published the antidumping duty order on certain monomers and oligomers from the Republic of Korea in the Federal Register on July 28, 2026, case A-580-921, document 2026-15220, at 91 FR 47214, applicable the same day.
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Economics
Engine makers can now offset the tariffs they pay on imported parts, and the American content each engine needs doubles in year three
The International Trade Administration filed its Engine Offset Process notice for public inspection at 8:45 a.m. eastern time on July 28, 2026, document 2026-15280, docket 260720-0174, RIN 0625-XC060, for publication on July 29.
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Lehigh Acres
The Lehigh Acres death investigation on SW 22nd Street is now a homicide investigation, the Lee County Sheriff's Office says
The Lee County Sheriff's Office has reclassified the death investigation it opened in a Lehigh Acres neighborhood on Monday, July 27 near the 4500 block of SW 22nd Street.
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Naples
The Collier school budget up for adoption Thursday spends $151.6 million more than its general fund earns, and closes that gap with a capital transfer and a 61 percent cut to reserves
The District School Board of Collier County has advertised its 2026-27 budget summary ahead of a public hearing on July 30 at 5:05 p.m. at the Dr. Martin Luther King, Jr., Administrative Center, 5775 Osceola Trail, Naples.
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Small Business
EPA has moved a chemical monitoring deadline that expired in December 2025, and given plants until June 2027 to do the measuring
The Environmental Protection Agency published a final rule on July 28, 2026, effective the same day, extending compliance dates in the Workplace Chemical Protection Programs for perchloroethylene and carbon tetrachloride under section 6 of the Toxic Substances Control Act.
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Economics
Consumer confidence slipped again in July, and The Conference Board says its own survey closed before the fighting picked back up
The Conference Board published the July 2026 Consumer Confidence Index at 10:00 a.m. eastern time on July 28. The headline index fell 1.4 points to 90.8 on a 1985 base of 100, from an upwardly revised 92.2 in June.
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Fort Myers
Fort Myers police say the man who turned himself in over the Winkler Avenue shooting is now charged with second-degree murder
Fort Myers police say Willian Rosa Do'Amaral turned himself in to law enforcement and is being held in the Lee County Jail on a charge of second-degree murder, following the fatal shooting of a woman at an apartment complex on Winkler Avenue on Monday morning.
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Economics
American house prices rose 1.1 percent in the year to May, inflation ran 4.2 percent, and the gap has now been negative for a full year
S&P Dow Jones Indices released the May 2026 results for the S&P Cotality Case-Shiller Indices at 9:00 a.m. eastern time on July 28. The U.S. National Home Price NSA Index posted a 1.1 percent annual gain, up from 0.9 percent the previous month.
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Economics
The goods trade gap narrowed to $101.5bn in June, and it narrowed because imports fell further than exports did
The U.S. Census Bureau released the Monthly Advance Economic Indicators Report for June 2026 at 8:30 a.m. eastern time on July 28, release number CB26-124.
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Finance
UPS earned $16m of operating profit on $14.9bn of United States revenue, and raised its outlook for the year in the same release
United Parcel Service, Inc. reported second quarter 2026 results before the market opened on July 28, furnishing the release to the Securities and Exchange Commission as Exhibit 99.1 to a Form 8-K, accession number 0001628280-26-049912.
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Finance
Boeing's operations turned a profit of $156m in the quarter, and interest on its debt cost nearly four times that
The Boeing Company reported second quarter 2026 results before the market opened on July 28, furnishing the release to the Securities and Exchange Commission as Exhibit 99.1 to a Form 8-K, accession number 0001628280-26-049929.
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Finance
LVMH's revenue fell 3 percent and grew 2 percent in the same half, and its biggest division returned to organic growth in the second quarter
LVMH reported first-half 2026 revenue of €38,644m against €39,810m a year earlier, a fall of 3 percent as reported and a rise of 2 percent on an organic basis, in a release dated Paris, 27 July 2026.
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Naples
Naples closed 881 home sales in June, up 16.5 percent, while inventory fell 23.4 percent and the year-to-date median price slipped to $610,000
The Naples Area Board of REALTORS released its June 2026 Market Report on July 24. Closed sales in Collier County excluding Marco Island rose 16.5 percent to 881 from 756 in June 2025, and pending sales rose 14.9 percent to 855 from 744.
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Finance
Hubbell sold 15 percent more and earned one percent less per share, and raised its full-year outlook in the same release
Hubbell Incorporated reported second quarter 2026 results at 7:30 a.m. eastern time on July 28, furnishing the release to the Securities and Exchange Commission as Exhibit 99.1 to a Form 8-K, accession number 0001628280-26-049934.
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Finance
S&P Global reported its first quarter without Mobility, and told shareholders the buyback will now run past $7bn this year
S&P Global reported second quarter 2026 results at 7:21 a.m. eastern time on July 28, furnishing the release to the Securities and Exchange Commission as Exhibit 99.1 to a Form 8-K, accession number 0000064040-26-000040.
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Marco Island
State economists put Marco Island's first-year loss under Amendment 3 at $1,074,700, and the council has called off the police outsourcing study it started over that number
The Florida Office of Economic and Demographic Research estimates that Amendment 3, the homestead exemption measure on the November 3 ballot, would cost the City of Marco Island $1,074,700 in fiscal 2027-28, its first year of impact, rising to $3,396,619 by fiscal 2031-32.
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Finance
Mercedes-Benz's car division reported EBIT of €49m in the quarter, and the division that lends money reported €492m
Mercedes-Benz Group AG reported second-quarter revenue of €32.1bn, against €33.2bn a year earlier, and Group EBIT of €1.5bn against €1.3bn, in a release published on 28 July.
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SW Florida
Southwest Florida unemployment reached 5.0 percent in June, above the state rate, and construction lost 1,200 jobs over the year
The Florida Department of Commerce put the unemployment rate across the six-county CareerSource Southwest Florida region at 5.0 percent in June 2026, up 0.8 percentage point from 4.2 percent a year earlier and 0.4 percentage point above the state rate of 4.6 percent.
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Finance
Unilever sold more of almost everything and its turnover moved 0.5 percent, because currency took 4.9 points off the top
Unilever published its 2026 first-half results on 28 July. Underlying sales grew 4.8 percent in the half, made up of 4.2 percent volume and 0.6 percent price, and accelerated in the second quarter to 5.8 percent underlying sales growth with 5.5 percent volume.
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Finance
Varta filed for insolvency over a funding gap it does not expect to open until 2027, and left its household battery business out of the filing
VARTA AG of Ellwangen applied to the Stuttgart district court for the opening of insolvency proceedings in self-administration, according to the company's own press release dated 24 July 2026, which says the application was filed the day before.
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Finance
Seoul closed down 10.84 percent, the fourth worst day in the index's history, and three hours later Europe opened higher
The KOSPI closed on Tuesday at 6,023.66, down 732.09 points or 10.84 percent, the second largest fall in points and the fourth largest in percentage terms in the index's history, reported by Lim Chunhan at The Asia Business Daily.
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Cape Coral
Three Cape Coral areas are still under precautionary boil water notices, and the city's own map has not rescinded any of them
Cape Coral's official precautionary boil water map showed three areas still active early Tuesday, none of them rescinded.
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Finance
Korea will publish a list of the listed companies whose shares stay cheapest against book value, and the first one is due on November 2
The Financial Services Commission and the Korea Exchange published draft standards on July 28 for what the Commission calls listing up, and describes in its own English text as naming and shaming, of companies with low price-to-book ratios.
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Finance
Korea listed single-stock leveraged funds in May, stopped new ones in July, and from Friday a buyer needs 30 million won in cash
Korea's Financial Services Commission moved to July 31 the date on which the minimum deposit for buying single-stock leveraged products rises from KRW10 million to KRW30 million and must be held in cash alone.
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Finance
Korea's selloff deepened past 10 percent, the worst level since April, while American futures barely moved
The KOSPI extended its fall through the Tuesday afternoon session in Seoul, dropping about 10.5 percent to 6,051.19 by midday and taking the index to its lowest level since April, the Associated Press reported.
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Economics
Six manufacturing groups asked the Energy Department for 33 more days on the rule that governs every appliance standard, and got 15
The Department of Energy published a notice extending the comment period on its proposed revision of the Process Rule, the methodology that governs how the department sets energy conservation standards and test procedures for consumer products and certain commercial and industrial equipment.
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Technology
The federal brake rule still requires a foot pedal, NHTSA wants to drop that for cars nobody drives, and one law firm just bought everyone another month to argue about it
The National Highway Traffic Safety Administration published a notice extending the comment period on its proposed modernization of Federal Motor Vehicle Safety Standard No. 135, light vehicle brake systems, from July 27 to August 26, 2026.
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World
The determination approving the US-Saudi nuclear agreement publishes on Tuesday, and it names two side letters and a separate safeguards agreement
Presidential Determination No. 2026-18, signed July 16, 2026 and addressed to the Secretary of State and the Secretary of Energy, was filed for public inspection on July 27 at 11:15 a.m. ET and publishes in the Federal Register on July 28 as document 2026-15273.
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Finance
Korea's stock market fell 8 percent and stopped trading altogether for 20 minutes, a day after China's biggest memory chipmaker went public and quadrupled
The Korea Exchange halted all trading on the KOSPI for 20 minutes on Tuesday morning in Seoul after the index fell 8.02 percent to 6,213.51, triggering a Level 1 circuit breaker at 10:13 a.m. local time.
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Finance
Noble cut its 2026 profit guidance by about $92m at the midpoint, kept the dividend, and blamed two rigs in Brazil and a reshuffled schedule
Noble Corporation plc reported second quarter 2026 results on July 27, furnishing the release to the Securities and Exchange Commission as Exhibit 99.1 to a Form 8-K, accession number 0001895262-26-000138.
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Technology
Applied Digital says it has signed $36bn of contracted lease revenue, and it lost $249m in the year it signed most of it
Applied Digital Corporation reported results for its fiscal fourth quarter and full year ended May 31, 2026 on July 27, furnishing the release to the Securities and Exchange Commission as Exhibit 99.1 to a Form 8-K, accession number 0001144879-26-000044.
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Finance
Brown and Brown's revenue rose 30 percent in the quarter, and the part of it that came from the business it already owned went backwards
Brown & Brown, Inc. reported second quarter 2026 results after the close on July 27, furnishing the release to the Securities and Exchange Commission as Exhibit 99.1 to a Form 8-K, accession number 0001193125-26-318245.
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Finance
A NAFTA tribunal ruled against Mexico over Vulcan's shut-down Quintana Roo quarry, and Vulcan says the damages it won are negligible
Vulcan Materials said the tribunal in its NAFTA arbitration against Mexico found several violations but awarded Vulcan negligible monetary damages. The decision itself remains confidential.
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Technology
Five consumer groups have asked the FTC to write a rule about one thing, the marketing push notification a betting app sends you
The Federal Trade Commission has received a petition from five consumer groups asking it to address marketing push notifications from wagering apps sent without meaningful consent. The notice is a request for comment and nothing more.
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Economics
Seven economies adopted forced-labor import rules after the tariff was proposed, and the grace period for goods already at sea closes at 12:01 on Tuesday
The Office of the United States Trade Representative filed its notice of action in the 60 Section 301 investigations into forced-labor import enforcement on July 27, 2026, for publication the following day, under docket numbers USTR-2026-0265 and USTR-2026-0266.
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Finance
Celestica raised its 2026 revenue outlook to $20.5bn, and its GAAP earnings per share came in above its adjusted figure because of a swap
Celestica Inc. reported second quarter results for the period ended June 30, 2026 after the close on July 27, furnishing the release to the Securities and Exchange Commission as Exhibit 99.1 to a Form 8-K.
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Sanibel
Sanibel drivers are getting more than 130,000 dollars back after a school zone speed camera was found to be reading speeds too high
Altumint, the vendor that operates Sanibel's school zone speed cameras, will refund more than 130,000 dollars in traffic citations after a camera near Sanibel School was found to be recording speeds higher than drivers were actually travelling.
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Naples
A judge found Naples Mayor Teresa Heitmann in violation of her probation and imposed ten days she will serve as weekend work
A Collier County judge on Monday found Naples Mayor Teresa Heitmann in violation of the probation she is serving from a 2024 driving under the influence case, after a random urine sample collected on March 26 returned a positive result for cannabinoids.
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Technology
The equipment at each end of a subsea cable now needs an FCC licence, and ten security standards can keep an application out of Executive Branch review
The Federal Communications Commission's Second Report and Order on submarine cable landing licences was published in the Federal Register on July 27, 2026, at 91 FR 46844.
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Finance
SEC staff have been directed to open talks with FINRA about an accredited investor examination
The Securities and Exchange Commission published its report to Congress on the 45th Annual Government-Business Forum on Small Business Capital Formation on July 27, 2026, and the Commission's written responses inside it carry the news.
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Finance
Union Pacific and Norfolk Southern filed corrections to their merger job projections on the day the Board made their employee data public
Union Pacific and Norfolk Southern made five filings in Surface Transportation Board docket FD 36873 on July 27, 2026, the date the Board had set for both a supplemental submission and the public release of their employee data.
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Finance
The comment file on round-the-clock energy futures was due to close on Monday, and the CFTC says it now runs to August 26
The Commodity Futures Trading Commission is extending by 30 days, to August 26, the comment deadline on its request covering 24/7 trading of standard futures and perpetual contracts referencing energy commodities.
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Finance
CFTC staff told prediction market exchanges to stop certifying many contracts in one blanket filing, and say the practice carried on after a March warning
The Commodity Futures Trading Commission's Division of Market Oversight issued a staff advisory on July 24, 2026, CFTC Letter No. 26-22, telling designated contract markets that broad template certifications of event contracts should not be filed under Commission Regulation 40.2(a).
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World
Colombia's president-elect says he will close 14 embassies and about 15 consulates, and cut ties with Cuba and Nicaragua
Abelardo de la Espriella, who takes office as president of Colombia on August 7, said he will close 14 embassies and around 15 consulates as a first stage of what he called an optimization of the foreign service.
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Fort Myers
Southbound Ortiz Avenue traffic shifts onto the new roadway overnight Wednesday in Fort Myers
Lee County crews will shift southbound Ortiz Avenue traffic onto the newly built roadway between Colonial Boulevard and the Hanson Street roundabout, most likely overnight from 7 p.m. Wednesday to 6 a.m. Thursday.
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Bonita Springs
Lee County deputies are conducting an active death investigation at the Bonita Springs Dog Beach
The Lee County Sheriff's Office says an active death investigation is underway at the Bonita Springs Dog Beach off Estero Boulevard, with deputies on scene since about 2 p.m. on Monday.
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Technology
The FTC says a ticket broker used 75 accounts to buy 277 tickets to one concert, and a stipulated order would collect $300,000 of a $10.7 million penalty
The Federal Trade Commission filed a complaint against Elite Events and Tickets and its owners, alleging the firm bypassed posted ticket limits for more than 2,400 events under the BOTS Act, with a proposed order imposing over $10.7 million in civil penalties.
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Fort Myers
Lee County deputies say a 23-year-old man is charged with murder and arson in the Ranchette Road house fire that killed a woman
The Lee County Sheriff's Office says George Beemer, 23, was arrested and charged with second-degree murder, first-degree arson and abuse of a dead human body in connection with the Ranchette Road fire. The charges are allegations.
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Personal Finance
Bessent says 7 million children are enrolled in Trump Accounts, and puts 86 percent of them in families earning under $200,000
Treasury Secretary Scott Bessent gave the first enrollment figure for Trump Accounts in remarks to the Financial Literacy and Education Commission on July 27, 2026, published by Treasury as prepared for delivery.
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Finance
Treasury took 84 names off its sanctions lists, and says the point of the exercise is effect rather than list length
The Treasury Department's Office of Foreign Assets Control said on July 27, 2026 that it had removed 84 individuals and entities from its sanctions lists and improved the identifying information on 22 remaining entries.
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World
France says the Gironde fire did not advance overnight, and Spain's weather agency forecasts a fourth heatwave from Wednesday
French Interior Minister Laurent Nunez said on July 27, 2026 that the wildfires had not progressed during the night, while cautioning that authorities had to remain concentrated and determined and ready to move at any moment.
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Finance
Expand Energy agreed to buy the gas marketer Twin Eagle for $1.25bn, and raised its marketing cash flow target by half
Expand Energy Corporation (NASDAQ: EXE) announced at 07:00 ET on July 27, 2026 that it has entered a definitive merger agreement to acquire Twin Eagle Holdings, N.A., LLC from Five Point Infrastructure for $1.25 billion.
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Naples
Four consecutive overnight ramp closures begin Tuesday at the I-75 and Pine Ridge Road interchange in Naples
One ramp at a time will close overnight at the I-75 and Pine Ridge Road interchange in Naples on four consecutive nights, starting Tuesday, July 28, for paving.
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Fort Myers Beach
Crescent Beach Family Park on Fort Myers Beach reopens Wednesday after a $1.3 million rebuild funded by FEMA, impact fees and tourist tax
Crescent Beach Family Park at 1100 Estero Blvd. on Fort Myers Beach is set to reopen at sunrise Wednesday, July 29, after a $1.3 million restoration of the beachfront park damaged by Hurricane Ian.
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Economics
Texas factory output picked up in July, and the survey's price indexes stayed far above their long-run averages
The Federal Reserve Bank of Dallas published the July Texas Manufacturing Outlook Survey on July 27, 2026. The production index rose six points to 10.1 and the new orders index rose to 6.4 from 2.3.
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Lehigh Acres
Lee County deputies are conducting an active death investigation near the 4500 block of SW 22nd Street in Lehigh Acres
The Lee County Sheriff's Office confirmed that deputies were on scene conducting an active death investigation in a Lehigh Acres neighborhood at about 11:45 a.m. on Monday, July 27, near the 4500 block of SW 22nd Street.
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Economics
New orders for durable goods rose 0.3 percent in June, and the capital goods line rose four times as fast
The US Census Bureau released the advance report on durable goods manufacturers' shipments, inventories and orders for June 2026 at 8:30 a.m. EDT on July 27, release number CB 26-117.
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Fort Myers
Fort Myers police say one person is in custody after a fatal shooting near Winkler Avenue on Monday morning
The Fort Myers Police Department said on Monday that one person is in custody following a fatal shooting, after an active scene near Winkler Avenue on Monday morning.
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SW Florida
Diesel in Naples reached $5.48 a gallon on Monday, 19 cents above the national average and 47 percent above last July
AAA put the Naples metro average for a gallon of diesel at $5.484 on July 27, 2026, and the Fort Myers-Cape Coral metro at $5.455.
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Naples
A 48-suite industrial property near Naples Airport sold for $26.5 million, $9.1 million more than the seller paid for it in 2024
Naples Small Bay, an 83,607-square-foot small-bay industrial property at 4110-4120 Enterprise Ave. near Naples Airport, has sold for $26.5 million.
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World
The US commander in the Middle East recommended stopping the Hormuz bombing before Trump paused it, and $67.1bn of munitions money is sitting in the Senate
Adm. Brad Cooper, the commander of US Central Command, recommended stopping the bombing campaign around the Strait of Hormuz on the ground that it had reached the limit of its effectiveness, Barak Ravid reported at Axios.
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Cape Coral
Cape Coral took down its 250-foot flag three weeks after raising it, and the $420,000 donor-funded project's recurring cost is the part the city still carries
Cape Coral removed the American flag from its 250-foot flagpole at Bernice Braden Park on Saturday, July 25, after staff found damage to an eyelet on the flag.
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World
Berlin police and prosecutors have now published the document: the Christopher Street Day suspect was shot dead by specialist officers at a Spandau allotment
Polizei Berlin and the Generalstaatsanwaltschaft Berlin issued a second joint release on Sunday, numbered 0906 and filed under Mitte and Spandau.
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Fort Myers
Investigators have determined the Ranchette Road fire in Lee County that killed one person was intentionally set, and say it started in the kitchen
Investigators determined the Saturday structure fire on Ranchette Road in Lee County was incendiary, meaning intentionally set, and originated in the kitchen. One person was found dead after the fire.
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World
The evacuation total across France and Spain has passed 360,000, and 55,000 of them left the Gironde overnight
Al Jazeera reported on Sunday that more than 360,000 people have now been evacuated across France and Spain, with 55,000 leaving the Gironde overnight and around 250,000 out of that region in total, where roughly 42,000 hectares have burned.
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World
Berlin police and prosecutors still have a wanted appeal running over the Christopher Street Day attack, hours after German media reported the suspect had been killed
Berlin police and prosecutors published an appeal seeking a 21-year-old alleged to have injured several people with a vehicle and stabbing implements in the Grosser Tiergarten. Euronews, citing rbb and BILD, reported he was later found dead.
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Naples
About 125,000 Collier voters will pick a member of Congress in a district that now runs across the state to Palm Beach, and early voting starts August 8
Collier County's congressional map changed this year, and the August 18 primary is the first election run on it. The Florida Legislature passed the new boundaries on April 29, 2026.
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World
Vietnam says 45 of the 62 people aboard the Khoi Nguyen 18 have been pulled out alive, and thanks Chinese rescue forces by name
The Vietnamese cargo vessel Khoi Nguyen 18, carrying 62 people, sank while operating in severe weather, the foreign ministry spokeswoman Pham Thu Hang said on Sunday in answer to a reporter's question.
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Finance
The SEC has committed to prepare a rulemaking recommendation on exempting bail-in securities from registration, per the EU-US regulatory forum statement
Treasury and the European Commission published the joint statement from the EU-US Joint Financial Regulatory Forum on 24 July, 44 days after the meeting itself closed in Brussels on 10 June.
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World
Iranian state media say a tanker struck a mine in the Strait of Hormuz, and the maritime authority that logs those incidents has posted nothing
Tasnim, the Iranian news agency linked to the Islamic Revolutionary Guard Corps, published a four-sentence item at 16:08 Tehran time on Sunday saying an oil tanker exploded in the Strait of Hormuz after striking a naval mine, having left the navigation route Iran has designated.
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Economics
Britain's new Chancellor told Treasury staff the fiscal rules will be met, and set out five priorities before naming a Budget date
John Healey was appointed Chancellor of the Exchequer on 20 July 2026, according to his GOV.UK ministerial record, having been Secretary of State for Defence from 5 July 2024 to 11 June 2026.
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Tax
VAT on household electricity in Great Britain goes to zero on 1 October, paid for this year by cancelling the Digital ID programme
The UK government announced on 21 July that VAT on domestic electricity bills will be removed from 1 October, taking the rate from 5 percent to zero in time for the next Ofgem price cap.
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World
A flash flood swept a Gansu scenic area where tourists were camping, killing 10 and injuring 23, and Beijing sent a work team the same evening
A flash flood triggered by sudden heavy rain hit a scenic area in Weiyuan County in China's Gansu province on Sunday, leaving 10 people dead and 23 injured, local authorities said in a report carried by Xinhua.
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World
Iran says a Ukrainian strike killed a sailor on a commercial ship in the Caspian, and Kyiv says it hit vessels carrying military cargo
Iran's foreign ministry condemned what it called a Ukrainian attack on an Iranian commercial vessel in the Caspian Sea, saying an explosion killed one sailor and injured another. Ukraine says it struck vessels carrying military cargo.
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Cape Coral
Cape Coral approved two community development districts covering 1,327 acres, with petitioners estimating $292 million of infrastructure to be financed by assessments
Cape Coral City Council approved Ordinances 34-26 and 35-26 on July 22, establishing two community development districts under chapter 190 of the Florida Statutes.
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World
Noul came ashore at Pinghai with winds of 162kph, Hong Kong dropped to a No. 8 signal, and 350 flights were cancelled
CCTV called Noul the strongest typhoon to strike China so far in 2026, with sustained winds of 162 kilometres per hour at landfall near Pinghai in Guangdong. Hong Kong reported nine people injured and at least 350 flights cancelled.
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World
Spain declared a national emergency over the Madrid and Avila fires, and the evacuation total across France and Spain passed 320,000
Nathan Rennolds at Euronews reported on Sunday that more than 320,000 people have been evacuated across France and Spain as wildfires burn in both countries.
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Fort Myers
The man charged over the I-75 standoff in Lee County had his first court appearance from a hospital bed, and the judge set no bond
Ladavion King, the 43-year-old man the Florida Highway Patrol charged after the standoff that closed Interstate 75 in both directions near Alico Road on Wednesday, July 22, made his first appearance in a Lee County court on Saturday, July 25.
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Cape Coral
Cape Coral police have identified remains found in a canal by kayakers in 2024 as Rose Marie Gayhart, missing since 1985, and the department says the case is now an open homicide investigation
The Cape Coral Police Department announced on Friday, July 24, that human remains found by kayakers in a canal in northeast Cape Coral in May 2024 have been identified as Rose Marie Gayhart, who was 23 when she disappeared in March 1985.
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World
France moved police off the Tour de France finale to fight the Gironde fires, and cut the stage from 133km to 89km
The final stage of the Tour de France was shortened to 89 kilometres after the Interior Ministry redeployed security forces to the Gironde wildfires, where the burned area reached 42,000 hectares and 220,000 people were evacuated.
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World
Iran's army says it stopped its retaliatory attacks after two nights without US strikes
An Iranian army spokesman, Amir Akraminia, said on Sunday that Iran had halted its retaliatory operations because the United States had stopped its strikes over the past two nights, in remarks carried by Iran International.
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World
Iran says nothing has changed for shipping in the Strait of Hormuz, after two days of talks with Oman in Tehran
Iran's foreign ministry spokesman, Esmaeil Baqaei, told reporters on Sunday that Iranian and Omani officials had held several rounds of talks in Tehran over the two previous days at the level of deputy foreign ministers, on arrangements for safe navigation through the Strait of Hormuz.
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Cape Coral
Cape Coral police say a bank-impersonation scheme rerouted victims' debit cards to Cape Coral addresses, and have arrested a 31-year-old on identity theft and grand theft charges
The Cape Coral Police Department announced on July 24 that its Economic Crimes Unit had arrested Santino Parreno Guerra, 31, after an investigation into what the agency describes as a sophisticated identity theft and grand theft scheme targeting bank customers across multiple states.
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Fort Myers
An e-bike rider was hospitalized after a crash with a vehicle at State Road 82 and Colonial Boulevard in Fort Myers, and the intersection closed temporarily while crews cleared it
The Fort Myers Police Department responded Saturday afternoon, July 25, to a crash involving a vehicle and an e-bike at the intersection of State Road 82 and Colonial Boulevard.
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Finance
FinCEN wants its Huione ban to follow the name, and a broken comment portal has bought the public six more days to object
The Treasury's Financial Crimes Enforcement Network published a notice in the Federal Register on July 24, 2026, at 91 FR 46761, extending the comment period on its proposed amendment to the definition of Huione Group.
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Fort Myers
The Lee County Sheriff's Office has released the 911 calls from the death of a 17-month-old left in a car in south Fort Myers, and says no arrests have been made
The Lee County Sheriff's Office released the initial 911 calls from the death of a 17-month-old girl found in a vehicle in a church parking lot in south Fort Myers on July 21. No arrests have been made.
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Economics
Pump prices kept climbing on Saturday, with regular at $4.111 and diesel $1.54 above where it sat a year ago
AAA put the national average price of regular gasoline at $4.111 on July 25, up 11.9 cents in a week and 95 cents in a year. Diesel stood at $5.278.
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World
Severe Typhoon Noul came ashore in Guangdong, and Hong Kong sat under a No. 9 signal with the Observatory weighing a No. 10
The Hong Kong Observatory reported that Severe Typhoon Noul made landfall over Huidong in Huizhou City and was skirting within 100 kilometres northeast of Hong Kong, with the No. 9 Increasing Gale or Storm Signal in force.
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Economics
Trump says a trade investigation of the European Union begins immediately, two days after Brussels fined Google €890 million
The European Commission fined Google €460 million and €430 million for Digital Markets Act breaches, and President Trump wrote that a trade investigation of the European Union would begin immediately. No initiating notice has been published.
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Fort Myers
One person was found dead after a structure fire on Ranchette Road in Fort Myers, and the Lee County Sheriff's Office says the scene is contained with no threat to the public
The Lee County Sheriff's Office responded to a structure fire in the 11000 block of Ranchette Road in Fort Myers on Saturday afternoon, July 25, and one person was found dead.
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Fort Myers
A crash with injuries at Bell Tower Road and Tamiami Trail in Fort Myers shut three northbound lanes on Saturday, and the sheriff's office told motorists to find an alternate route
The Lee County Sheriff's Office issued a traffic advisory around midday Saturday, July 25 for a crash with injuries at Bell Tower Road and Tamiami Trail in Fort Myers.
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Technology
DeepSeek suspended its second funding round, days after comments attributed to its founder spread online
DeepSeek has told prospective investors in its second fundraising round that the deal is suspended for now, first reported by Haze Fan and Pei Li at Bloomberg on Saturday.
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Cape Coral
Cape Coral took down its new 250-foot flag three weeks after raising it, and the city says the replacement is already covered by the original contract
The City of Cape Coral has temporarily removed the flag from its 250-foot flagpole at the foot of the Cape Coral Bridge, three weeks after raising it on July 4.
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Fort Myers
Lee County pulled a machine out of service during the mandatory pre-primary accuracy test, and the supervisor has recused herself from certifying this election
Lee County election officials ran the logic and accuracy test on their vote counting equipment on Friday, July 24, ahead of the August 18 primary, and one machine failed it.
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Technology
Thirty-five companies signed a letter telling Washington not to restrict open-weight AI models
A joint letter titled Open Weights and American AI Leadership, published on Microsoft's corporate responsibility site and carrying 35 signatories, asks United States policymakers to avoid what it calls premature restrictions on open models.
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Finance
Paramount agreed not to close the Warner Bros. deal before June 2027, and the judge made it an order
Judge Araceli Martinez-Olguin signed an order on July 24, 2026 barring Paramount Skydance from closing its acquisition of Warner Bros. Discovery until the earlier of five days after a merits determination or June 1, 2027.
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Fort Myers
Wrong-way detection is going in at the I-75 and Daniels Parkway interchange, part of the $42.8 million rebuild running to summer 2028
The Florida Department of Transportation is installing wrong-way detection devices at Exit 131, where I-75 meets Daniels Parkway in Lee County. The equipment warns a driver who has entered an exit ramp against traffic and alerts traffic managers at the same time.
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Cape Coral
Cape Coral posted the records it sent to Florida DOGE, including a purchase order analysis covering three fiscal years
Cape Coral has published on its own website the full set of records it handed to the state's Department of Governmental Efficiency, organized item by item against the state's request letter.
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Naples
Six more Collier schools move to free lunch this year, but 21 stay on the paid system and those families have to apply
Collier County Public Schools has posted its 2026-2027 meal lists, and six schools are newly added to the Community Eligibility Provision, which lets a school serve lunch at no cost to every student without any family filling out a form.
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World
Houthis strike Saudi oil hubs at Jizan and Yanbu, a day after Saudi strikes on Hodeidah
Yemen's Houthi forces said Saturday they had launched dozens of ballistic missiles and drones at Saudi Aramco oil facilities in Jizan and a further barrage of ballistic and cruise missiles and drones at oil facilities in Yanbu, two of Saudi Arabia's main energy hubs.
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Fort Myers
I-75 in Lee County was shut in both directions during an hours-long standoff with a homicide suspect near Alico Road
Both directions of Interstate 75 near Alico Road in Lee County were shut for hours on July 22 during a standoff with a man the Florida Highway Patrol said was wanted in a fatal St. Petersburg shooting.
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Lee County
Lee County has the second-highest cyclosporiasis case count in Florida as the state's parasite outbreak keeps climbing
Florida's latest weekly surveillance report puts Lee County second only to Miami-Dade for confirmed cyclosporiasis, the intestinal illness caused by the Cyclospora parasite, with 16 of the more than 150 cases the state has logged since May 1.
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Finance
Gentex's revenue slipped 1 percent, yet it posted record second-quarter earnings, helped by tariff reimbursements
Gentex Corporation reported second-quarter results dated July 24. Net sales were $651.3 million, down 1 percent from $657.9 million a year earlier.
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Babcock Ranch
Town and Country Utilities puts all of Babcock Ranch under a precautionary boil water notice after a treatment plant power loss
Town and Country Utilities issued a precautionary boil water notice for the entire Babcock Ranch community on July 24 after a brief power loss at the water treatment plant during Phase III construction.
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Finance
Booz Allen's revenue fell 4.2 percent as civil work stayed weak, and its adjusted profit rose anyway
Booz Allen Hamilton reported first-quarter fiscal 2027 results dated July 24. Revenue was $2,800m, down 4.2 percent from $2,924m a year earlier, and revenue excluding billable expenses fell 3.8 percent to $1,965m.
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Finance
FinCEN told banks to watch for 'ghost student' fraud that drains federal student aid
The Treasury's Financial Crimes Enforcement Network issued an alert on July 24, 2026, urging financial institutions to detect, prevent, and report suspicious activity tied to fraud against Federal student aid programs.
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World
Treasury sanctioned four people and nine companies tied to the Iranian financier Babak Zanjani, reaching his gold, rail, and digital-asset ventures
The Treasury's Office of Foreign Assets Control designated four individuals and nine entities on July 24, 2026, describing them as key components of a sanctions evasion network run by the Iranian businessman Babak Zanjani.
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Finance
Oil fell more than 4 percent after a report that Pakistan, backed by China, is seeking to revive US-Iran talks
Oil prices fell sharply on Friday, July 24, reversing part of a week-long rally.
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Economics
The United States raised tariffs on 60 economies, tying the duties to their failure to enforce bans on forced-labor imports
A presidential memorandum dated July 23, 2026 imposes new tariffs on goods from 60 economies under Section 301 of the Trade Act of 1974.
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Economics
New home sales rose 1.6 percent in June, a move too small for the government to call a real change
The Census Bureau and the Department of Housing and Urban Development reported on July 24 that sales of new single-family houses ran at a seasonally adjusted annual rate of 628,000 in June 2026.
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Finance
CN raised its full-year outlook after grain and energy volumes lifted second-quarter revenue 11 percent
Canadian National Railway reported second-quarter 2026 results dated July 24. Revenues were C$4,753m, up C$481m or 11 percent from a year earlier.
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Finance
Verizon added 184,000 phone subscribers, its best second quarter for consumer in five years, and its revenue still slipped
Verizon reported second-quarter 2026 results dated July 24. It added 184,000 postpaid phone net additions, the best consumer performance for a second quarter in five years, and more than 550,000 net additions across mobility and broadband combined, over 230,000 more than a year earlier.
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Finance
American Express earned $4.53 a share as card member spending grew 9 percent, and it raised its full-year revenue outlook
American Express reported second-quarter 2026 results dated July 24. Total revenues net of interest expense were $19.6bn, up 10 percent from $17.86bn a year earlier.
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Technology
Charter lost 172,000 broadband customers in the second quarter, a steeper drop than a year earlier
Charter Communications reported second-quarter 2026 results dated July 24. Spectrum Internet customers declined by 172,000 in the quarter, leaving 29.4 million, a steeper loss than the 116,000 the company shed in the same quarter of 2025.
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Finance
NextEra earned $1.15 a share on an adjusted basis and filed for approval of its Dominion takeover
NextEra Energy reported second-quarter 2026 results dated July 24. Adjusted earnings were $2.407bn, or $1.15 per share, up from $2.164bn, or $1.05, a year earlier, a 9.5 percent gain in adjusted earnings per share.
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Finance
SLB reported 5 percent revenue growth, and all of it came from a company it bought last year
SLB reported second-quarter 2026 results dated July 24. Revenue was $8.972bn, up 3 percent from the first quarter and 5 percent from $8.546bn a year earlier.
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Finance
Deckers cleared $1bn of first-quarter revenue for the first time, and its net income fell 6.6 percent
Deckers Brands reported net sales of $1,019.5m for the quarter ended June 30, up 5.7 percent from $964.5m and the first time the company has passed $1bn in a first fiscal quarter.
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Economics
Permanent placement grew at Robert Half for the first time in six quarters, and the operating line swung to a $62m loss
Robert Half reported second-quarter revenue of $1.336bn against $1.370bn a year earlier, down 2 percent as reported and 3 percent on the company's adjusted basis.
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Cape Coral
Cape Coral sets its 2027 property tax ceiling at 5.1988 mills, the rolled-back rate under the city's own resolution
Cape Coral City Council voted 7-1 on July 22 to advertise a maximum property tax rate of 5.1988 mills for fiscal 2027, the number that caps what the August TRIM notice can show.
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Economics
Eurozone business activity returned to growth in July after four months of stagnation, and cost pressures cooled
S&P Global reported on July 24 that its flash Eurozone Composite PMI Output Index rose to 51.9 in July, from a reading of 50.0 in June, a five-month high and the first expansion in private-sector activity in four months.
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Economics
Japan's inflation rose to 1.7 percent in June, and the pickup came from energy while the underlying rate kept easing
Japan's Statistics Bureau reported on July 24 that consumer prices rose 1.7 percent in the year to June, up from 1.5 percent in May.
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World
Seoul halted program selling twice before lunch as the oil shock and a US tech rout reached Asia
The Korea Exchange triggered a sell-side sidecar on KOSPI 200 futures at 11:23 a.m. local time on July 24, after the contract fell 5.04 percent to 1,070.80, a drop of 56.88 points from the previous close.
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Economics
British retail sales rose for a second straight month in June, led by clothing and a warm-weather boost
The Office for National Statistics reported on July 24 that retail sales volumes in Great Britain rose 1.0 percent in June, following a 1.2 percent rise in May.
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World
Forty ships crossed Bab al Mandeb on the day Brent went through $100
Commercial traffic through the Bab al Mandeb Strait fell sharply after Yemen's Houthi forces declared a blockade of Saudi Arabia on July 20, then rose again this week, according to the Institute for the Study of War's daily Iran Update.
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Finance
Paramount Skydance seated its entire board by written consent, with no shareholder meeting
Paramount Skydance disclosed that holders of 100 percent of its voting power acted by written consent on July 20 to elect ten directors and ratify PricewaterhouseCoopers as auditor for fiscal 2026.
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Finance
Harley-Davidson corrected its own earnings release after the close, and changed one number in it
Harley-Davidson furnished an amended Form 8-K on July 23 carrying a corrected version of the second-quarter earnings release it had issued that morning.
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Finance
Brent settled above $100 for the first time since May after Houthi attacks on two Saudi tankers
Brent crude settled at $100.69 a barrel on Thursday, up 7 percent and the first settlement above $100 since May 26. US West Texas Intermediate settled at $92.19, up 6 percent.
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Technology
ADTRAN signed a $350m JPMorgan-led credit facility on July 21, the day before it warned on the quarter
ADTRAN Holdings disclosed on July 23 that it entered into a new senior secured credit agreement dated July 21, 2026 with JPMorgan Chase Bank as administrative agent for its US borrower and J.P.
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Finance
American Airlines posted the highest quarterly revenue in its history, and a $2.2bn fuel bill held earnings to 11 cents a share
American Airlines reported record second-quarter 2026 revenue of $16.7bn, up 16.3 percent from a year earlier and the highest quarterly figure in company history, in results released July 23.
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Finance
Blackstone took in $68.3bn in the quarter and its assets under management reached a record $1.35tn
Blackstone reported second-quarter 2026 results dated July 23, with GAAP net income of $2.4bn and distributable earnings of $2.0bn, or $1.52 per common share. Total segment revenues rose 24 percent to $3.8bn from $3.07bn a year earlier.
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Finance
Boston Beer shipped 4.5 percent less beer, and a supplier judgment is still what separates its profit from its loss
Boston Beer reported second-quarter net revenue of $568.3m on July 23, down 3.3 percent, with depletions off 6 percent and shipments off 4.5 percent to about 2.0 million barrels.
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Finance
Charter published Cox Communications' accounts, and they carry a $5.6bn writedown of cable franchise value
Charter Communications filed a Form 8-K on July 23 carrying the audited consolidated financial statements of Cox Communications for 2025, 2024 and 2023, the first public accounts of the business it has agreed to combine with its own.
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Finance
Comcast said it intends to separate NBCUniversal and Sky as its second-quarter profit fell
Comcast reported second-quarter 2026 results dated July 23 for the quarter ended June 30, and used the release to announce that it intends to separate NBCUniversal and Sky.
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Finance
Dow swung to an operating profit of $1.44 a share on a 20 percent jump in prices
Dow reported second-quarter 2026 net sales of $12.1bn, up 20 percent from a year earlier, with the increase driven entirely by price, in results dated July 23.
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Economics
The ECB left interest rates unchanged and pointed to an energy shock it says has yet to feed fully into inflation
The European Central Bank held its three key interest rates on July 23, leaving the deposit facility rate at 2.25 percent, the main refinancing rate at 2.40 percent and the marginal lending rate at 2.65 percent.
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Finance
Freeport earned $984m as copper sold above $6 a pound and the Grasberg underground ramp held its schedule
Freeport-McMoRan reported second-quarter 2026 net income attributable to common stock of $984m, or $0.68 per share, in results dated July 23. Adjusted net income was $1.1bn, or $0.74 per share.
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Technology
Honeywell posted its first results as a standalone automation company after the Aerospace spin-off
Honeywell Technologies reported second-quarter 2026 results dated July 23, its first quarter after completing the June 29 spin-off of Honeywell Aerospace, which now trades separately as HONA.
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Economics
Initial jobless claims fell to 187,000 last week, down 22,000 and well below what forecasters expected
Initial claims for unemployment insurance fell to a seasonally adjusted 187,000 in the week ending July 18, a decrease of 22,000 from the previous week's revised level of 209,000, the Labor Department reported on July 23.
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Technology
Intel grew revenue 25 percent and reported an $11bn loss, on a $12.5bn charge tied to shares owed to the US government
Intel reported second-quarter revenue of $16.1bn on July 23, up 25 percent from $12.9bn a year earlier, and a GAAP net loss attributable to Intel of $11.0bn, or $2.16 a diluted share.
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Finance
Lockheed Martin earned $7.94 a share, against $1.46 a year ago when program losses gutted the quarter
Lockheed Martin reported second-quarter 2026 earnings of $7.94 a share, against $1.46 in the same quarter of 2025, in results dated July 23. The 2025 figure carried $1.6bn of program losses and $169m of other charges.
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Finance
Nasdaq grew revenue 15 percent and said it listed SpaceX in the second quarter
Nasdaq, Inc. reported second-quarter 2026 net revenue of $1.5bn, an increase of 15 percent over a year earlier, in results dated July 23. GAAP diluted earnings per share of $0.89 rose 14 percent, and non-GAAP diluted earnings per share of $1.07 rose 25 percent.
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Finance
Newmont generated $2.2bn of free cash flow, a second-quarter record, and spent $1.7bn buying back its own stock
Newmont reported second-quarter results on July 23: net income of $2.2bn, adjusted net income of $2.2bn or $2.10 a diluted share, adjusted EBITDA of $3.8bn, and free cash flow of $2.2bn, which the company described as a record for a second quarter.
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SW Florida
Two Lee County fire districts are already at their tax-rate ceiling, so the November homestead amendment leaves them nowhere to go
The North Fort Myers and Bayshore fire districts say the November property tax amendment would take a large share of their revenue, and both already levy at or near the 3.75-mill statutory cap, so they cannot raise the rate to make it back.
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Finance
Ovintiv raised its production outlook for the year, and its hedges gave back $6.28 a barrel in the quarter
Ovintiv reported second-quarter net earnings of $456m, or $1.62 a diluted share, on July 23, a figure that includes a pre-tax loss of $337m on the sale of its Anadarko assets.
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Finance
RTX raised its full-year outlook after second-quarter sales rose 14 percent and its backlog reached $289bn
RTX reported second-quarter 2026 sales of $24.7bn, up 14 percent and up 16 percent organically, in results dated July 23. GAAP earnings were $1.57 a share and adjusted earnings of $1.89 rose 21 percent.
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Finance
Sallie Mae earned 29 cents a share as its margin narrowed, and it is spending ahead of a peak season reshaped by PLUS reform
Sallie Mae reported second-quarter GAAP diluted earnings of 29 cents a common share on July 23, down from 32 cents a year earlier, on net income of $59m.
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Finance
The SEC set a September roundtable on moving US equity markets to 24-hour trading
The Securities and Exchange Commission announced on July 23 that it will host a public roundtable on September 17, 2026 to discuss moving toward 24-hour trading in US equity markets.
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Finance
Southwest earned 94 cents a share on an adjusted basis and widened its margin despite an $889m fuel increase
Southwest Airlines reported record second-quarter 2026 operating revenue of $8.4bn, up 16.4 percent and the highest in company history, with adjusted operating revenue of $8.7bn, up 20.3 percent, in results dated July 22.
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Technology
STMicroelectronics grew revenue 26 percent and pointed to an AI-driven acceleration later this year
STMicroelectronics reported U.S. GAAP results for the second quarter ended June 27, 2026, in a release dated July 23. Net revenues were $3.49bn, up 26.0 percent from a year earlier.
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Finance
T-Mobile grew profit and service revenue, and signed up fewer new accounts than a year ago
T-Mobile US reported second-quarter 2026 results dated July 23. Service revenues were $19.0bn, up 9 percent, and postpaid service revenues were $15.9bn, up 13 percent.
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Finance
Thermo Fisher grew revenue 10 percent as its lab and pharma end markets strengthened
Thermo Fisher Scientific reported second-quarter 2026 results dated July 23 for the quarter ended June 27. Revenue grew 10 percent to $11.99bn, including 5 percent organic growth.
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Economics
Treasury found no currency manipulator, and three economies are one report away from leaving its Monitoring List
The Treasury Department delivered its semiannual report on the macroeconomic and foreign exchange policies of major US trading partners to Congress on July 23, concluding that no major trading partner manipulated its currency against the dollar during the four quarters through December 2025.
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Finance
Union Pacific set second-quarter records, then all but stopped buying back its own stock
Union Pacific reported second-quarter 2026 net income of $2.0bn, up 6 percent, and diluted earnings per share of $3.36, up 7 percent, in results dated July 23.
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Finance
ADTRAN warned its second-quarter revenue and earnings would fall below its own guidance
ADTRAN Holdings, the Huntsville, Alabama networking equipment maker, said on July 22 that its preliminary second-quarter 2026 results would come in below the guidance it had issued.
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Technology
Alphabet's profit nearly quadrupled, but a $98bn gain on its investments drove most of it
Alphabet reported second-quarter 2026 revenue of $119.8bn, up 24 percent and 23 percent in constant currency, in results dated July 22 for the quarter ended June 30.
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Finance
AT&T grew revenue 2.3 percent and sped up its buybacks to about $10bn
AT&T reported second-quarter 2026 revenue of $31.6bn, up 2.3 percent from a year earlier, in results dated July 22. Diluted EPS from continuing operations was $0.66, versus $0.62 a year earlier, and adjusted EPS was $0.65, versus $0.54.
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Finance
Banner earned $48.9m in the second quarter, up from a year ago but down from a strong first quarter
Banner Corporation, the Walla Walla parent of Banner Bank, reported second-quarter 2026 net income of $48.9m, or $1.43 per diluted share, in results dated July 22.
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Hard Assets
An unrestored Mustang Boss 429 brought $1,045,000, a record for the model, at Barrett-Jackson's first Columbus auction
Barrett-Jackson's inaugural Columbus sale totaled $38.1 million with every one of its 550 vehicles sold, and an unrestored 1969 Boss 429 set what the company calls a world auction record for the model.
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Finance
CME Group reported $1.7bn in quarterly revenue and record market data sales
CME Group reported second-quarter 2026 revenue of $1.7bn, operating income of $1.1bn and net income of $1.0bn, with diluted earnings per share of $2.88, in results dated July 22.
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Finance
DSV's quarterly operating profit rose to DKK 6.3bn, while the Schenker deal it is still absorbing pulled the half-year bottom line down
DSV, the Danish freight forwarder, reported operating profit before special items of DKK 6,255m for the second quarter of 2026, up from DKK 4,725m a year earlier, in an interim report dated July 22.
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Economics
Commercial crude stocks rose last week while the oil reserve fell to 311 million barrels
The Energy Information Administration reported on July 22 that US commercial crude oil inventories, which exclude the Strategic Petroleum Reserve, rose 2.0 million barrels in the week ending July 17, to 411.7 million barrels.
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Finance
Equinor earned $11.5bn on its operations as high oil and gas prices held through the quarter
Equinor, the Norwegian state-controlled energy company, reported adjusted operating income of USD 11.48bn for the second quarter of 2026 in results dated July 22, with net operating income of USD 12.99bn and net income of USD 4.84bn.
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Finance
First Industrial raised its 2026 profit outlook as cash rents on new leases rose 39 percent
First Industrial Realty Trust reported second-quarter 2026 results on July 22 and raised the midpoint of its full-year funds-from-operations guidance by $0.02.
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Fort Myers
Fort Myers approves a $109 million contract for a police headquarters the city plans to borrow for
Fort Myers City Council voted unanimously on July 20 to approve a $109 million construction contract with Wharton-Smith, Inc. for a new police headquarters, a project whose total cost is put at about $147 million.
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Finance
GE Vernova raised its 2026 outlook as power orders jumped 88 percent
GE Vernova reported second-quarter 2026 revenue of $11.1bn, up 22 percent and 12 percent organically, in results dated July 22. Orders reached $24.2bn, up 88 percent organically, led by the Power and Electrification segments, and backlog stood at $176bn.
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Hard Assets
Hagerty's market rating slipped to 58.59 as the gap between blue chip cars and the rest widened to 27 points
The June reading of the Hagerty Market Rating fell to 58.59, its lowest of the quarter, while the gap between Hagerty's Blue Chip Index and its index of the 100 most commonly insured collector cars reached 27.22 points.
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Technology
IBM cut its full-year revenue-growth outlook to 4 to 5 percent, from more than 5 percent
IBM reported second-quarter 2026 revenue of $17.2bn, up 1 percent, in results dated July 22, and lowered its full-year outlook.
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Economics
Japan swung to a trade deficit in June as its oil bill jumped and the volume fell
Japan's Ministry of Finance reported on July 22 that the country ran a merchandise trade deficit of 406.9bn yen in June 2026, reversing a 122.3bn yen surplus a year earlier.
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Finance
Kaiser Aluminum posted record second-quarter results and raised its 2026 outlook, with higher metal prices lifting the top line
Kaiser Aluminum reported record second-quarter 2026 results dated July 22 and raised its full-year outlook. Net sales were $1,257m, up from $823m a year earlier, and net income rose to $97m, or $5.72 per diluted share, from $23m, or $1.41, a year earlier.
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Finance
Moody's revenue rose 15 percent and its earnings jumped as debt issuance ran hot
Moody's Corporation reported second-quarter 2026 revenue of $2,185m, up 15 percent from $1,898m a year earlier and 16 percent on an organic constant-currency basis, in results dated July 22.
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Fort Myers
NeoGenomics, a Fort Myers cancer lab, will pay $9.8 million to settle a federal investigation
NeoGenomics, the Fort Myers-based cancer diagnostics company, will pay $9,813,260 plus interest to settle a Justice Department investigation into consulting arrangements it self-disclosed in 2021, with no admission of liability.
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Finance
Northern Trust's quarterly profit rose to $792m, lifted by a one-time Visa gain
Northern Trust reported second-quarter 2026 net income of $792.2m and diluted earnings per share of $4.23, up from $421.3m and $2.13 a year earlier, in results dated July 22.
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Finance
Oceaneering grew every segment but one and beat the top of its own EBITDA guidance
Oceaneering International reported second-quarter 2026 revenue of $768m, up 10 percent from a year earlier, in results filed July 22. Operating income rose 11 percent to $88.2m and net income attributable to the company rose 19 percent to $65.0m.
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Finance
Otis grew sales 7 percent as its service business carried the quarter
Otis Worldwide reported second-quarter 2026 net sales of $3.9bn, up 7 percent from $3,595m a year earlier and up 6 percent organically, in results dated July 22.
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Finance
Philip Morris reported EPS fell on a writedown, while its adjusted EPS rose 15 percent
Philip Morris International reported second-quarter 2026 net revenues of $11,192m, up 10.4 percent and 7.6 percent organically, the first time the figure has passed $11bn, in results dated July 22.
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Finance
Public Storage completed its all-stock takeover of National Storage Affiliates
Public Storage completed its acquisition of National Storage Affiliates Trust on July 22, under a merger agreement the two self-storage REITs signed on March 16, 2026.
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Finance
PulteGroup earned less on lower revenue, and booked 6 percent more new orders
PulteGroup reported second-quarter 2026 net income of $472m, or $2.48 per diluted share, down from $608m and $3.03 a year earlier, in results dated July 22.
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Finance
Resources Connection's loss narrowed, but its revenue kept falling
Resources Connection, a Dallas-based professional services firm, reported results on July 22 for its fourth quarter and full fiscal year ended May 30, 2026. Fourth-quarter revenue fell to $106.1m from $139.3m a year earlier, a decline of 18.3 percent on a same-day constant-currency basis.
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Finance
Sonoco's reported profit fell sharply on a year-ago sale, while its adjusted earnings rose
Sonoco Products reported second-quarter 2026 net sales of $1.9bn, filed July 22.
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Finance
TE Connectivity posted record sales and orders as AI demand lifted both segments
TE Connectivity reported fiscal third-quarter net sales of $5.16bn, up 14 percent and 12 percent organically, for the period ended June 26 and dated July 22.
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Finance
Tesla revenue hit a quarterly record, but operating profit fell 57 percent and free cash flow went negative
Tesla reported second-quarter 2026 revenue of $28.2bn, up 26 percent from a year earlier and a company record, on record second-quarter deliveries of more than 480,000 vehicles, in an investor update posted July 22.
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Technology
Texas Instruments revenue rose 23 percent as industrial and data-center demand recovered
Texas Instruments reported second-quarter 2026 revenue of $5.46bn, up 23 percent from a year earlier and 13 percent from the first quarter, in results dated July 22.
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Economics
UK inflation eased to 2.6 percent in June as diesel and petrol pulled it down
The Office for National Statistics reported on July 22 that UK consumer price inflation eased to 2.6 percent in the year to June 2026, from 2.8 percent in May.
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Finance
Wabtec raised its 2026 outlook as freight and transit sales rose 17.5 percent
Wabtec reported second-quarter 2026 sales of $3.18bn, up 17.5 percent, with GAAP diluted earnings per share of $2.33, up 18.9 percent, and adjusted earnings per share of $2.76, up 21.6 percent, in results dated July 22.
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Finance
WEX raised its full-year outlook after a 14 percent revenue rise, with fuel prices carrying part of it
WEX reported second-quarter 2026 revenue of $753.5m, up 14.2 percent from a year earlier, in results filed July 22. GAAP diluted earnings were $3.11 a share, up 57.1 percent, and adjusted diluted earnings were $5.35, up 35.4 percent.
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Finance
Alaska Air posted a second-quarter loss on a fuel spike, and says it turned profitable again in June
Alaska Air Group reported a second-quarter GAAP net loss of $76m, or $0.68 a share, and an adjusted net loss of $102m, or $0.92 a share, in a Form 8-K exhibit released July 21.
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Finance
Ally's profit rose 14 percent, and its auto loan losses fell even as applications hit a record
Ally Financial reported second-quarter 2026 GAAP earnings of $1.18 a share, up 14 percent year over year, and adjusted earnings of $1.21 a share, up 22 percent, in a Form 8-K exhibit released July 21.
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Economics
Trump signs three proclamations imposing 50 percent tariffs on some Canadian goods
President Trump signed three proclamations on July 20 imposing an additional 50 percent tariff on certain goods of Canada under Section 338 of the Tariff Act of 1930, effective 30 days after signing.
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Finance
Capital One earned $3.0bn, a year after a $4.3bn loss it booked closing the Discover deal
Capital One Financial Corporation reported net income of $3.0 billion, or $4.73 per diluted share, for the second quarter of 2026 in an earnings release dated July 21.
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Finance
Chubb's net income slipped, but its core operating income rose 18 percent
Chubb Limited reported net income of $2.85 billion, or $7.30 per share, for the second quarter of 2026, down 3.8 percent from $2.97 billion a year earlier, in a news release dated July 21.
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Finance
D.R. Horton closed more homes and earned less, as orders stayed flat and cancellations rose
D.R. Horton, the largest US homebuilder, reported fiscal third-quarter net income of $904.9 million, or $3.20 per diluted share, in an earnings release dated July 21.
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Finance
Genuine Parts reaffirmed its adjusted earnings target and trimmed the GAAP one, as separation costs mounted
Genuine Parts Company reported second-quarter net income of $228 million, or $1.65 per diluted share, down from $255 million and $1.83 a year earlier, in results dated July 21.
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Finance
GM raised its full-year profit outlook and reported a lower quarterly profit
General Motors reported second quarter revenue of $48.0bn, net income down 31.1 percent to $1.3bn, and EBIT-adjusted of $3.9bn, and raised full year EBIT-adjusted guidance to $14.0bn to $16.0bn.
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Finance
Halliburton's revenue rose to $5.7bn as North American activity recovered
Halliburton reported second-quarter 2026 revenue of $5.7 billion, up from $5.4 billion in the first quarter, in a Form 8-K exhibit released July 21.
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World
Hegseth tells the Senate the war with Iran has cost $37.5bn, up from $29bn in May
Defense Secretary Peter Hegseth told the Senate Appropriations Committee on July 21 that the war with Iran has cost about $37.5bn so far, up from the $29bn the administration estimated in May.
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Finance
Interactive Brokers earned $0.69 a diluted share, up from $0.51, as margin loans rose 67 percent
Interactive Brokers Group reported second-quarter net income of $0.69 per diluted share, both reported and adjusted, up from $0.51 a year earlier, in results dated July 21 for the quarter ended June 30.
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Finance
The Kospi rose 3.56 percent as chip shares led a partial rebound
South Korea's Kospi closed at 6,747.95 on Tuesday, up 231.68 points or 3.56 percent, as chip shares recovered part of the previous week's selloff.
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Finance
MSCI's revenue rose 12.2 percent, led by a 26.6 percent jump in asset-based fees
MSCI reported second-quarter 2026 operating revenues of $867.0 million, up 12.2 percent from $772.7 million a year earlier, in a Form 8-K exhibit released July 21.
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Finance
Northrop Grumman set a record backlog and still reported lower quarterly earnings
Northrop Grumman reported second-quarter 2026 sales of $10.9bn ($10,876m), up 5 percent from $10.4bn ($10,351m) a year earlier, in a Form 8-K exhibit released July 21.
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Finance
A federal judge halts the $110bn Paramount and Warner Bros. merger for 14 days
A federal judge on July 20 granted a temporary restraining order halting Paramount Skydance's $110bn acquisition of Warner Bros. Discovery, the largest merger in Hollywood history.
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Finance
Schwab reports record second-quarter revenue of $7.1bn as daily trades hit 11.9 million
The Charles Schwab Corporation reported record second-quarter net revenues of $7.1 billion, up 21 percent from a year earlier, in an earnings release dated July 21.
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SW Florida
Southwest Florida employers face a July 24 deadline as Haitian TPS work permits lapse
A U.S. Citizenship and Immigration Services update sets July 24, 2026 as the date work authorization ends for Haitian nationals holding Temporary Protected Status, after the Supreme Court cleared the program's termination in June.
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Economics
UK borrowing came in under forecast for June, and above it for the year so far
The Office for National Statistics reported on July 21 that UK public sector net borrowing, excluding public sector banks, was £16.0bn in June 2026, £7.9bn (33.1 percent) less than in June 2025 and £0.3bn below the Office for Budget Responsibility forecast for the month.
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Finance
AGNC's book value rose to $8.58 a share as Agency mortgage spreads tightened
AGNC Investment Corp. reported second-quarter 2026 results on July 20, with tangible net book value per common share of $8.58 as of June 30, up $0.20, or 2.4 percent, from $8.38 three months earlier.
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Finance
BOK Financial earned $2.92 a share, but a Visa share exchange lifted the figure
BOK Financial Corporation reported second-quarter 2026 net income of $176.5 million and diluted earnings per share of $2.92 on July 20, up from $155.8 million and $2.58 a year earlier.
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Finance
Brookfield and CPP Investments agree to buy LXP Industrial Trust at $61.20 a share, a $5.2bn deal
Brookfield Asset Management and Canada Pension Plan Investment Board said on July 20 that they had entered a definitive merger agreement to acquire LXP Industrial Trust, a warehouse and logistics landlord, in an all-cash deal valued at about $5.2bn including net debt and preferred equity.
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Economics
Canada's inflation rate fell to 2.8 percent in June as gasoline cooled
Statistics Canada reported on July 20 that the Consumer Price Index rose 2.8 percent year over year in June, down from 3.2 percent in May, with a smaller annual rise in gasoline prices driving the deceleration.
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Cape Coral
Cape Coral's proposed 2027 budget holds the tax rate flat and raises water bills 11 percent
Cape Coral's proposed fiscal 2027 budget keeps the operating property tax rate at 5.1471 mills, the same rate as this year, while raising water and sewer rates 11 percent and adding smaller increases for stormwater and trash.
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World
US strikes on Iran reach a tenth night, and CENTCOM puts a number on the shipping it says it is protecting
US Central Command said it completed another round of strikes on Iran at 9 p.m. ET on July 20, the tenth consecutive night by the command's own running count, targeting Iranian military command centres, maritime capabilities, missile and drone launch sites, and air defence systems.
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World
Three US service members have been killed as the strikes on Iran reach a ninth night
US Central Command said on July 19 that three American service members have been killed and one remains unaccounted for in the conflict with Iran.
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Economics
China held its loan prime rates for a 14th straight month
China left its benchmark loan prime rates unchanged on July 20, the fourteenth consecutive monthly fixing to hold since the last cut in May 2025.
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SW Florida
Citizens insurance rates fall for most Collier and Lee homeowners, with wind-only exceptions
State-run Citizens Property Insurance will lower rates for the majority of its Collier and Lee County policyholders under a filing the Florida Office of Insurance Regulation approved, effective July 1 for new policies and at renewal for existing ones.
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Economics
The US leading index fell 0.2 percent in June, giving back part of a spring rebound
The Conference Board reported on July 20 that its Leading Economic Index for the United States fell 0.2 percent in June to 99.1, on a 2016 base of 100, after a 0.1 percent rise in May.
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Finance
Domino's revenue and profit rose, but US same-store sales barely moved
Domino's Pizza reported second-quarter revenue of $1,194.4m on July 20, up 4.3 percent from a year earlier, with net income up 3.6 percent to $135.8m and diluted earnings per share of $4.07, up from $3.81.
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Technology
Microsoft will deploy AMD's Helios rack system on Azure, with shipments due in the second half of 2026
AMD said on July 20 that Microsoft will deploy its Helios rack-scale system on Azure to power inference for large AI models, in what both companies described as an expansion of a long-standing partnership.
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Technology
Tempus AI agrees to buy Personalis for $16.25 a share, an enterprise value of $1.5bn
Tempus AI said on July 20 that it had entered a definitive agreement to acquire the cancer-testing company Personalis, at $16.25 per share, for an enterprise value of $1.5bn net of the stake Tempus already owns.
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Finance
Zions earnings jumped to $3.05 a share, but $1.31 of it came from selling securities
Zions Bancorporation reported second-quarter 2026 net earnings of $452 million and diluted earnings per share of $3.05 on July 20, up from $243 million and $1.63 a year earlier.
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Bonita Springs
Bonita Springs caps its tax rate at 0.847 mills, and a stormwater fee arrives underneath it
Bonita Springs City Council voted unanimously on July 15 to set a maximum property tax rate of 0.847 mills for fiscal 2027, unchanged from this year, and voted 6 to 1 to establish stormwater utility assessments of $20 or $50 a parcel.
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World
CENTCOM ties its latest strikes on Iran to commercial shipping in the Strait of Hormuz
US Central Command said Saturday's strikes were designed to degrade Iran's ability to threaten commercial shipping in the Strait of Hormuz and to punish the Revolutionary Guard forces that attacked American service members in Jordan on July 17.
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Estero
Estero's proposed tax rate comes in under the rolled-back rate, which in Florida is the definition of a cut
The Village of Estero adopted Resolution 2026-17 on July 2, declaring a proposed fiscal 2027 operating millage of 0.7300 mills.
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World
Iraq and Syria sign up to rebuild a crude pipeline to the Mediterranean, with Chevron in the consortium
The State Department said on July 17 that the United States welcomes the intent of Iraq and Syria to rehabilitate and reconstruct the Iraq-Syria crude oil pipeline, and put initial transport capacity at 2 million barrels a day once rebuilt.
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World
Jingye seeks full compensation for British Steel, and the Act leaves open whether any is payable
The UK took British Steel into public ownership on 16 July under the Steel Industry (Nationalisation) Act, which the government's own announcement says requires an independent valuer to assess whether any compensation is payable.
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World
Libya's central bank agrees to put its commercial banks on China's CIPS payment system
The Central Bank of Libya said its governor, Naji Mohammed Issa Belqasem, met People's Bank of China governor Pan Gongsheng in Beijing on July 16, and that the two sides officially agreed to facilitate the participation of Libyan banks in the Cross-Border Interbank Payment System.
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Tax
Tax Court values a conservation easement at $800,000 against the $41,635,000 deducted
In Piton Holdings, LLC v. Commissioner, 167 T.C. No. 4, filed July 15, the Tax Court found the fair market value of a conservation easement over 377.74 acres in Madison County, Alabama was $800,000.
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Economics
USTR sets a 25 percent tariff on Brazilian goods entered from July 22
The Office of the United States Trade Representative will impose an additional 25 percent duty on goods of Brazil entered for consumption on or after 12:01 eastern time on July 22, closing a Section 301 investigation opened in July 2025.
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Economics
CMS opens comments on how drug makers must deliver negotiated prices in 2028
The Centers for Medicare and Medicaid Services released draft guidance on manufacturer effectuation of the maximum fair price in 2028 under the Medicare Drug Price Negotiation Program, and opened a comment period closing September 18.
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SW Florida
Collier holds its tax rate flat for a second year, but flat means something very different this time
Collier County commissioners set maximum FY2027 property tax rates on July 14 at the same levels as this year, and the County Manager transmitted a $3.18 billion tentative budget the following day.
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Small Business
FDA cuts the minimum sugar content for orange juice to 10 degrees Brix, the first change since 1963
A final rule filed for publication on Friday lowers the minimum soluble solids content for pasteurized orange juice from 10.5 to 10 degrees Brix and raises the share of mandarin-group juice permitted in it from 10 percent to 15 percent by volume.
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Finance
FDIC would require weekly reports from stablecoin issuers, naming their largest holders
The Federal Deposit Insurance Corporation put out for comment the weekly and quarterly reporting forms attached to its April 10 proposal implementing the GENIUS Act.
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World
OFAC moves 39 Hong Kong officials to a second list as the 2020 emergency expires
The national emergency declared in Executive Order 13936 of July 14, 2020 has expired.
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Small Business
The ITC opened a safeguard investigation into lamb meat imports and called it extraordinarily complicated
Following a request from the United States Trade Representative received on July 13, the International Trade Commission instituted Investigation No. TA-201-80 under section 202 of the Trade Act of 1974.
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SW Florida
Lee County's own estimate puts a number on the November property tax amendment: 58 percent of the homestead tax base
The Lee County Property Appraiser has published a parcel-level estimate of what the property tax amendment on the November ballot would do to every taxing authority in the county.
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Technology
Netlist asks the ITC to bar DDR5 and high bandwidth memory imports, naming Nvidia, Google and Samsung
The International Trade Commission instituted Investigation No. 337-TA-1511 on July 15 on a complaint from Netlist, Inc. of Irvine, California.
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Economics
New York Fed's service-sector index rose to 8.7 in July, its first positive reading in nearly two years
The Federal Reserve Bank of New York's headline activity index rose 19 points to 8.7, up from minus 10.3 in June and the highest reading since 2022.
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Finance
The SEC moved broker and adviser registration orders to its EDGAR Business Office
A final rule effective July 26 shifts authority to grant or cancel the registration of brokers, dealers, municipal advisors, transfer agents, investment advisers and security-based swap dealers from the Director of the Division of Examinations to the Director of the EDGAR Business Office.
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Small Business
The 10 percent import surcharge expires on July 24, by the terms of the proclamation that created it
Proclamation 11012 says the 10 percent import surcharge continues in effect through 12:01 a.m. eastern daylight time on July 24, 2026, unless Congress extends it by an Act. Section 122 of the Trade Act caps such a surcharge at 150 days.
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Finance
Small Business Bank failed 18 days after the Fed gave it 30 days to raise capital or sell
Kansas regulators closed Small Business Bank of Lenexa on Friday and named the FDIC receiver, with The Farmers State Bank of Oakley assuming substantially all deposits.
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Finance
The chip index closed 20.2 percent below its June record, which is the bear market line
The PHLX Semiconductor Sector Index closed Friday at 11,673.89, down 193.61 points or 1.63 percent, according to Nasdaq's own index page. That leaves the 30-stock benchmark 20.2 percent below its record closing high of June 22, which is the conventional threshold for a bear market.
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World
Sudanese state airlines lose US landing rights under chemical weapons sanctions
The State Department imposed three additional sanctions on Sudan under section 307(b) of the Chemical and Biological Weapons Control and Warfare Elimination Act of 1991, effective July 20.
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Bonita Springs
Bonita Springs kept its 25 percent flood insurance discount. Here is what that saves.
FEMA moved in 2024 to strip Bonita Springs of the 25 percent flood insurance discount its residents earn through the Community Rating System, citing Hurricane Ian rebuilding paperwork, but the city documented its work and kept the full discount that November.
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Cape Coral
Cape Coral keeps growing fast, even as its home prices cool
Cape Coral's population reached an estimated 233,025 in 2024, up 20.1 percent since the 2020 Census and far above the national pace, while Redfin put the median sale price near $360,000 in the spring, down about 2 percent from a year earlier.
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Economics
US consumer sentiment rose to a preliminary 54.4 in July as gas prices eased
The University of Michigan index climbed 9.9 percent from June's 49.5 to its highest since February, though it remains 11.8 percent below a year ago. Year-ahead inflation expectations eased to 4.2 percent.
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Estero
Estero's tax base leans on a Fortune 500 tenant as home prices soften
The Village of Estero is home to the global headquarters of Hertz, a Fortune 500-scale employer that anchors the local tax base, even as Redfin's recent housing readings show the village's median sale price down from a year earlier on light volume.
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Finance
Fifth Third's reported EPS fell to $0.83 in its first full quarter with Comerica
Net income available to common shareholders was $763m, up 29 percent from $591m a year earlier, while reported diluted earnings per share of $0.83 trailed an adjusted $1.02, a gap driven mainly by $203m of Comerica merger-related charges.
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Fort Myers
Fort Myers home prices ease as the region's largest construction project rises
The median Fort Myers sale price slipped to about $348,000 in the spring, down 2.4 percent from a year earlier, even as Lee Health broke ground on an $824 million hospital campus that will be the biggest healthcare build in Southwest Florida history.
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Economics
US housing starts jumped 19 percent in June on apartments, while permits fell
Privately-owned starts ran at a 1,427,000 annual rate, up from a revised 1,199,000, but single-family starts slipped 0.2 percent and building permits fell 3.0 percent to 1,367,000.
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Economics
Import prices rose 0.3 percent in June and are up 7.1 percent over the year
The all-commodities import price index reached 150.8 from 140.8 a year earlier. The index excludes import duties, so the rise reflects underlying prices for foreign goods rather than tariffs.
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Economics
Industrial production rose 0.1 percent in June as factory output held flat
Manufacturing was unchanged, mining and utilities each rose 0.4 percent, and capacity utilization held at 76.1 percent, below its long-run average.
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Marco Island
Marco Island stays Collier County's priciest market, with a million-dollar median
Marco Island's median sale price sat around $1 million in mid-2026 on thin volume, and Census figures put the island's median home value at $896,300, roughly 2.7 times the national figure and well above Collier County as a whole.
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Finance
Regions Financial's per-share profit rose 8 percent to $0.64 in the second quarter
Net income available to common shareholders was $549m, net interest income rose to $1.28bn, and the net interest margin held at 3.66 percent. The board raised the quarterly dividend 13 percent to $0.30 a share.
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SW Florida
Lee County broker calls the Southwest Florida retail buildout 'infill,' not a boom
A veteran Lee County commercial broker told WGCU the restaurants, home improvement stores and shopping plazas going up across the region are projects filling gaps in retail coverage, while a South Fort Myers homeowner warned the pace could worsen local flooding.
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Finance
Travelers profit rose 46 percent to $2.21bn as catastrophe losses dropped
Net income was $2.208bn, or $10.26 a diluted share, up from $1.509bn a year earlier, with catastrophe losses of $518m against $927m and a combined ratio of 83.6 percent.
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Finance
Truist's per-share profit rose 37 percent to $1.23 in the second quarter
Net income available to common shareholders was $1.5bn, total revenue was $5.27bn, and the bank returned $1.8bn to shareholders through dividends and buybacks.
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Finance
ABB agrees to buy Rotork for about £4.1bn in its largest ever acquisition
The recommended cash offer values the British valve-actuator maker at about £4.136bn, a 73 percent premium, and is ABB's biggest deal to date.
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Finance
Citizens Financial second-quarter profit rose 35 percent to $587m
Diluted earnings were $1.30 a share, up 41 percent from a year earlier, and revenue reached $2.28bn. Return on tangible common equity rose to 13.9 percent and the CET1 ratio ended the quarter at 10.4 percent.
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Economics
Jobless claims fell to 208,000 as layoffs stayed low
Initial claims dropped 8,000 in the week ending July 11 to 208,000, the four-week average eased to 214,250, and the insured unemployment rate held at 1.2 percent.
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Economics
US retail sales rose 0.2 percent in June, within the survey's margin of error
Advance retail and food services sales were $768.6 billion, up 0.2 percent from May and 6.7 percent from a year earlier, with a margin of error that includes zero.
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Finance
The Korea Exchange halted program selling after the Kospi fell more than 5 percent at the open
SK hynix fell 9.89 percent and Samsung Electronics fell 7.33 percent in early trading. The Philadelphia Semiconductor Index had closed down 2.08 percent in New York the night before.
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Technology
Netflix revenue rose 13 percent to $12.56bn in the second quarter
Operating margin was 33.4 percent, down from 34.1 percent a year earlier, and free cash flow fell to $1.5bn from $2.3bn. Netflix narrowed its full-year revenue forecast to a range of $51.0bn to $51.4bn.
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Economics
Philadelphia Fed factory index jumped to a near five-year high in July
The current general activity index rose 31 points to 41.4, its highest reading since November 2021, with new orders at 37.0 and shipments at 33.7.
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Technology
TSMC second-quarter net income rose 77.4 percent to NT$706.56bn
Net income rose 77.4 percent to NT$706.56bn and diluted EPS to NT$27.25, on revenue of US$40.2bn at the top of guidance, with margins above the guided ranges.
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Finance
U.S. Bancorp profit rose 20 percent to $2.18bn as fee revenue jumped
Net income was $2,177m, or $1.35 a diluted share, on record net revenue of $7,712m, with the efficiency ratio improving to 57.1 percent.
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Personal Finance
A 10-year TIPS matured today after paying a 0.045% real yield
Bought at auction in July 2016, it returned 3.381% a year in nominal terms. The nominal note sold beside it yielded 1.59%.
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Tax
AICPA finalizes independence rules for tax services to audit clients
PEEC approved revisions to the Tax Services interpretation of the ethics code, effective January 15, 2027.
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Small Business
Alabama's 2% state grocery tax came back on July 1
A two-month suspension under Act 2026-604 expired, and retailers resumed collecting the state rate on SNAP-eligible food.
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Technology
EU General Court dismisses Apple's challenge to its DMA gatekeeper status
The App Store and iOS designation stands. The court ruled the iMessage complaints inadmissible.
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Technology
ASML raised its 2026 sales guidance for the second time this year
Full-year sales are now guided to 43 to 45 billion euros, against 36 to 40 billion previously.
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Finance
Mortgage lending rose about 30 percent at the three biggest US bank originators
Chase originated $17.2bn, Wells Fargo $9bn and Bank of America $3.5bn in first mortgages in the second quarter.
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Finance
Bank of America profit rose 27 percent to $9.1bn as trading revenue hit $7.1bn
Revenue rose 15 percent to $31.6bn. Equities trading revenue rose 70 percent, to $3.6bn, a record.
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World
Bank of Canada holds at 2.25% as gasoline lifts inflation to 3.2%
The overnight rate stays at 2.25%. Consumer prices rose 3.2% in May, or 2.2% excluding gasoline.
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Finance
BlackRock crossed $15tn in assets under management for the first time
Assets reached $15.34tn on $192bn of net client inflows in the quarter, a record for the firm.
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Finance
Bank of England says equity market leverage has risen significantly since December
The FPC held the countercyclical capital buffer at 2 percent and flagged AI-linked credit demand and cyber risk.
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World
Brent settles at $84.73 after US strikes on Iran and a renewed naval blockade
WTI settled at $79.34, up 1.5 percent. Trump dropped a proposed 20 percent fee on cargo crossing Hormuz.
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Tax
IRS adds digital notices and EIN letters to Business Tax Account
The summer 2026 update lets business users download CP575 EIN verification and pay toward an offer in compromise.
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Accounting
Audit partners rate client AI governance as early stage
Nearly 90 percent of surveyed audit partners called their largest client's AI governance developing or early stage.
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World
China consumer prices rose 1% in June while producer prices rose 4.1%
Consumer inflation slowed from 1.2% in May and missed forecasts. Producer prices grew at their fastest since 2022.
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World
China's economy grew 4.3 percent in the second quarter, below Beijing's target
Growth slowed from 5 percent in the first quarter and missed the official 4.5 to 5 percent target range.
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Finance
Citigroup shares fell 5 percent after executives signaled heavier spending ahead
Citi posted net income of $5.8bn on revenue of $24.8bn, then told analysts investment spending could accelerate.
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Technology
Commerce official says very few H200 chips have reached China so far
Jeffrey Kessler told a House committee that shipments against H200 licences amount to a very small quantity.
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Small Business
IRS says a conditional deficit restoration promise buys a partner no basis
Chief Counsel Advice 202628009 holds that an obligation the general partner can choose not to call is not a payment obligation.
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Economics
Consumer prices fell 0.4 percent in June as energy costs dropped
Annual CPI inflation slowed to 3.5 percent, from 4.2 percent in May. Core CPI was flat on the month.
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World
Container freight to North Europe is up about $3,000 a box in six weeks
Asia to North Europe is near $5,800 per forty-foot container. Drewry's index hit its highest since September 2024.
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Tax
Treasury finalizes rules making some charitable trust deals listed transactions
Final regulations require participants and material advisers to disclose certain CRAT and annuity arrangements.
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Tax
Tax Court denies above-the-line deduction for credit reporting legal fees
FCRA claims do not involve unlawful discrimination under section 62(a)(20), the Tax Court held in Eiler.
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Small Business
ERC refund suit survives without pleading the specific shutdown order
A Mississippi federal court let a $5.4m employee retention credit refund claim proceed but dismissed the declaratory judgment count.
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Technology
EU top court upholds Google's €4.1bn Android fine, ending the appeal
The Court of Justice dismissed the appeal by Google and Alphabet on July 2. No further appeal is available.
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Technology
EU preliminarily finds Instagram and Facebook design breaches the DSA
The Commission points to infinite scroll, autoplay and push notifications. No final decision has been made.
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World
The EU side of the 15% tariff deal with Washington took effect on July 1
The EU dropped all duties on US industrial goods. The US rate on most EU goods is a 15% all-inclusive ceiling.
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Accounting
FASB proposes that funds discount shares they are contractually barred from selling
Comments close July 17. Investment companies would disclose the discount attributable to sale restrictions.
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Economics
Marc Andreessen and Mervyn King will co-lead the Fed's five policy task forces
The Fed named 15 outside co-leads across task forces on communications, the balance sheet, data, jobs and inflation.
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Economics
The US is paying about $24bn a week in interest on the federal debt
Interest cost $857bn in the first nine months of fiscal 2026, up 13 percent, as the deficit neared $1.4tn.
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Small Business
Groups with local chapters must file a new IRS form each year, by fax
Form 15644 replaces the old supplemental group ruling submission. It is due 30 to 90 days before the year closes.
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Personal Finance
Four groups lose charitable status, and gifts to them stop being deductible
Announcement 2026-12 revokes four section 501(c)(3) determinations, with effective dates going back to 2022.
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Accounting
UK will let Chinese auditing standards be used for London Stock Connect GDRs
The FRC direction covers audit reports signed between 1 September 2026 and 1 September 2028.
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Accounting
FRC fines Forvis Mazars £577,125 over the Studio Retail Group audit
The audit partner was fined £33,412. Both admitted serious breaches and received severe reprimands.
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Accounting
FRC study finds AI use in UK corporate reporting is cautious and uneven
Generative AI shows up in narrative reporting. Use inside the financial statements stays limited.
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Accounting
Former Virgin Money chief named preferred candidate to chair the FRC
Dame Jayne-Anne Gadhia would succeed Sir Jan du Plessis, who steps down on 30 September 2026.
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Finance
Goldman Sachs reports record quarterly net revenues of $20.34bn
Second-quarter diluted EPS reached $20.98, up from $10.91 a year earlier. Equities trading brought in $7.42bn.
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Finance
Hayfin raised more than €15bn for a direct lending fund, doubling its last vintage
Direct Lending Fund V beat a target of about €8bn and more than doubled the €6bn raised in 2023.
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World
War risk cover for a Hormuz transit now runs 2% to 6% of a ship's value
Insuring a $100 million tanker through the strait can cost $6 million. Requests for quotes have dropped.
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Small Business
Importers have been paid about $71bn in tariff refunds, with an appeal still running
CBP has wired roughly $71 billion including interest through its CAPE system since the Supreme Court voided the IEEPA tariffs.
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Accounting
IESBA publishes ethics guidance on AI and emerging technology
The staff publication groups technologies by traits such as opacity and autonomy rather than by name.
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Accounting
IMA launches an index scoring how much employers value management accounting
Financial services scored highest and construction lowest. Small firms rated financial reporting least important.
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Economics
The IMF cut 2026 global growth to 3.0 percent and raised inflation to 4.7 percent
The Fund said global disinflation has stalled and assumes Hormuz shipping normalises from mid-July.
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World
India's consumer inflation accelerated to 4.38% in June
Prices rose faster than the 4.30% economists expected, up from 3.93% in May, on food and transport.
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Tax
IRS to grant penalty relief automatically to compliant taxpayers
The IRS will abate three common penalties without a request from taxpayers who have three clean years behind them.
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Tax
IRS raises business mileage rate to 76 cents for the second half of 2026
The business standard mileage rate rises to 76 cents from 72.5 cents for travel on or after July 1.
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World
Japan set a 4% coupon on 30-year debt, up from 3.4% in January
The July 7 auction drew 2,070.0 billion yen of bids against 454.9 billion accepted, a cover ratio of 4.55.
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World
Japan reported no yen intervention in the month to June 26
The Ministry of Finance posted zero for May 28 to June 26, after 11.73 trillion yen in the previous window.
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Finance
JPMorgan reports second-quarter net income of $21.2bn
Reported revenue was $57.3bn. The board approved a higher quarterly dividend of $1.65 a share.
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Small Business
Minimum wages rose July 1 in Alaska, Oregon and the District of Columbia
Alaska went to $14.00 from $13.00, DC to $18.40 from $17.95, and Oregon reset its three regional tiers.
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Economics
Existing home sales fell 2.4 percent in June while the median price hit a record $440,600
Sales ran at a 4.09 million annual rate. It was the 36th straight month of year-over-year price gains.
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Economics
June Fed minutes show a few officials saw a case for raising rates immediately
The 12-0 hold at 3.5 to 3.75 percent concealed a committee split on where rates should sit in December.
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Economics
Employers added 57,000 jobs in June and April and May were revised down by 74,000
The unemployment rate fell to 4.2 percent as participation dropped 0.3 points, to 61.5 percent.
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Tax
Court of Federal Claims strikes down a GILTI rule on disqualified basis
Judge Tapp held Treasury lacked authority under section 7805(a) to bar amortization deductions in the GILTI disqualified period.
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Tax
The Kwong refund claim window closed on July 10 with no refunds paid
The IRS opened an electronic Form 843 route on July 1, nine days before the protective claim deadline, and is appealing Kwong.
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Personal Finance
IRS removes a death benefit tax trap from life insurance policy swaps
Final rules undo a 2019 regulation that could have made a death benefit taxable after a routine 1035 exchange.
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Accounting
Lightyear Capital takes majority stake in Prosperity Partners
Unity Partners keeps a minority position in the Chicago firm. Terms were not disclosed.
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Small Business
Marginal well gas credit is set at 81 cents per Mcf for 2026
Notice 2026-42 puts the section 45I reference price at $2.20 per 1,000 cubic feet for tax years beginning in 2026.
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Economics
The trade deficit widened to $77.6bn in May as capital goods imports hit a record
The gap rose $23.0bn from a revised $54.6bn in April. Capital goods imports reached $127.9bn.
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Technology
Meta expands its Louisiana data centre to 5GW and more than $50bn
The Richland Parish site was costed at $27bn in October. Meta adds more than $1bn for local roads and water.
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Accounting
Missouri opens a bachelor's degree route to CPA licensure
Senate Bill 1233 adds a bachelor's plus two years of experience path to licensure, effective August 28.
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Economics
Money supply is back in the Fed's monetary policy report under Warsh
M2 ran 4.7 percent higher in the first five months of 2026 than a year earlier, closer to the range seen in the 2010s.
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Finance
Morgan Stanley posts record net revenues of $21.3bn as equities trading rose 69 percent
Net income reached $5.58bn, or $3.46 a share. Equities net revenues rose to $6.30bn, from $3.72bn.
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Finance
M&T Bank earned a record $818m as commercial lending grew across every category
Diluted EPS of $5.32 was the highest in the bank's history. M&T raised its full-year loan target by $1bn.
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Technology
National Grid Ventures to pay $1.75bn for 35% of power developer Joulent
The deal targets dedicated generation for US data centres. Joulent's lead project supplies a Microsoft-operated site.
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Accounting
New AICPA audit standard requires confirming cash held by third parties
SAS No. 150 makes external confirmation of cash and cash equivalents a requirement, with limited exceptions.
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Technology
New York pauses permits for large data centers for up to a year
Executive Order 62 halts state environmental permits for data centers drawing 50 megawatts or more.
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World
New Zealand raises its cash rate to 2.50%, a first increase since 2023
The Monetary Policy Committee agreed on 25 basis points on July 8. Headline inflation is seen peaking at 3.9%.
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Tax
IRS sets 2026 inflation factors for nuclear, hydrogen and clean fuel credits
Notice 2026-41 publishes the section 45U, 45V and 45Z inflation adjustment factors and applicable amounts for 2026.
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World
Oil above $85 complicates the ECB rate decision due on July 23
Brent September futures traded above $85 on Wednesday, after trading closer to $70 last week.
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World
Seven OPEC+ producers will add 188,000 barrels a day in August
Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman met by video on July 5 and agreed the increase.
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Personal Finance
Lawyers warn NYC second-home buyers could inherit a seller's pied-a-terre tax bill
The surcharge took effect July 1. The rules that say who owes it are still in draft.
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Personal Finance
World Cup bets may be taxed differently on prediction markets than at a sportsbook
Sportsbook losses face a new 90 percent deduction cap. Event contracts may sit outside it. The IRS has not ruled.
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Tax
IRS moves QDOT bond filings out of the estate tax return
Final regulations under section 2056A change where QDOT bonds and letters of credit must be filed.
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Economics
Credit card balances shrank in May after two months of double-digit growth
Revolving credit fell at a 4.7 percent annual rate. Total consumer credit was unchanged, at $5,154.5bn.
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Small Business
SBA borrowers can now stack 7(a) and 504 loans to $10 million
Effective July 4, the cumulative ceiling across the two programs doubled from $5 million to $10 million.
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Small Business
Small business optimism rose to 97.4 in June, a four-month high
The NFIB index gained 2.1 points from 95.3 in May. Inflation is now the top problem for 21 percent of owners.
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Personal Finance
Social Security COLA estimates for 2027 drop to between 3.7 and 3.8 percent
Cooler June inflation cut one 2027 estimate to 3.7 percent, from 4.7 percent a month earlier.
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Finance
SpaceX's $85.7bn listing handed Wall Street banks a second-quarter fee windfall
Fees from the largest IPO on record lifted investment banking revenue at Goldman Sachs and Bank of America.
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Technology
SpaceX shares slipped below their $135 IPO price for the first time
The stock fell for a fourth session on Wednesday and closed at $135.27, about a month after listing.
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Small Business
Two rubbers join the Superfund excise tax list on October 1
Notice 2026-43 adds two synthetic rubbers to the section 4672 list at $9.46 and $9.64 a ton for importers.
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Tax
Caring for a dying parent does not toll a tax refund deadline
The Court of Federal Claims held section 6511(h) financial disability covers only the taxpayer's own impairment, not a relative's.
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Personal Finance
The Tax Court is weighing whether COVID stopped interest on old tax debt
Wepplo asks whether section 7508A(d) barred interest from accruing between January 2020 and July 2023.
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Finance
The Treasury sold 30-year bonds at 5.058 percent, the highest auction yield since 2007
Indirect bidders took $17.07bn of the $21.95bn awarded competitively. The bid-to-cover ratio was 2.44.
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Tax
IRS waives gift tax returns for most Trump account contributions
Rev. Proc. 2026-25 treats qualifying cash gifts to a section 530A account as present interests, removing the Form 709 duty.
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Personal Finance
Trump accounts opened on July 4 with one fund and no choice yet
Treasury named five ETFs on July 1. Every contribution goes into the default until the other four are switched on.
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Technology
TSMC June revenue rose 67.9% from a year earlier to NT$442.68bn
The monthly figure was 6.2% above May. First-half sales reached NT$2,404.48bn, 35.6% above the same period of 2025.
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Personal Finance
SSI recipients get two payments in July and none in August
August 1 is a Saturday, so the August payment lands on July 31. It is a calendar rule, not a raise.
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Technology
UK proposes default midnight social media curfews for 16 and 17 year olds
Curfews from midnight to 6am and autoplay switched off by default, expected to take effect by spring 2027.
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World
US Treasury sanctions a financier it says holds assets for Iran's leader
OFAC designated Ali Ansari, a Saint Kitts holding company, and several Iranian exchange houses on July 10.
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Economics
Warsh told Congress the Fed has no tolerance for persistently elevated inflation
In his first testimony as Fed chairman, Warsh gave no rate signal. The target range stands at 3.5 to 3.75 percent.
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Finance
Wells Fargo profit rose 17 percent to $6.4bn as charge-offs kept falling
Net income reached $6.4bn, or $2.00 a share, and the net charge-off rate fell to 0.34 percent of average assets.
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Economics
Wholesale prices fell 0.3 percent in June, the first monthly drop since August 2025
The producer price index declined against a consensus for no change. Annual PPI ran at 5.5 percent.
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Tax
New York's convenience rule survives a second Zelinsky challenge
An appellate court held that a pandemic office closure is not employer necessity, so remote pay stays New York source.
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