Briefs
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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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Economics
Treasury is at least doubling the size of the operations in which it buys back its own long-dated bonds, and it did not wait for the quarterly refunding to say so
The maximum size of liquidity support buyback operations in the 10 to 20 year and 20 to 30 year nominal sectors rises from $2bn per operation to at least $4bn. The change runs to the end of the current refunding quarter.
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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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Naples
A 320 unit rental community in Naples has been refinanced with a 72.5 million dollar ten year loan from New York Life at 5.74 percent, and the developer says the new debt is larger than the construction loan it replaces
The Richman Group says it closed 72.5 million dollars of permanent financing on Everly, a 320 unit rental community in Naples. The loan runs ten years at 5.74 percent, with the first five years interest only.
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Tax
Treasury and the IRS want to treat the refunded part of four tax credits as a federal public benefit, which would put an immigration test on the refund and not on the credit
Proposed regulations would classify the refunded portion of the adoption credit, the child tax credit, the American opportunity credit and the earned income credit as a federal public benefit under a 1996 welfare statute. A new perjury declaration goes on the return.
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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
The agency that decides what counts as a small business is proposing to raise the line almost everywhere, and to stop measuring most industries in dollars at all
The Small Business Administration proposed new size standards for 338 industry groups and industries, replacing roughly a thousand. It estimates 114,541 firms would become newly eligible and fewer than 200 would lose small status.
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Finance
The rail regulator restarted the Union Pacific and Norfolk Southern review and told the applicants to hand back the data their own experts had screened out
The Surface Transportation Board lifted the abeyance on the Union Pacific and Norfolk Southern merger and set a schedule running to final briefs on 28 May 2027. Applicants must refile every filtered workpaper unfiltered by 28 August.
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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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Economics
The chemical that stops leaded aviation fuel fouling an engine has come back from a review begun in 2019 with a preliminary finding of unreasonable risk
EPA has preliminarily determined that ethylene dibromide poses an unreasonable risk to human health. Its main use is as a lead scavenger in leaded aviation fuel and in racing fuel. Comments close on 19 October.
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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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Naples
Ken Kelly says he has bought Kelly Roofing's debt and assets rather than its equity, that the deposits customers paid came with them, and that crews should be back on open roofs after about a three week delay
The founder's son told WINK Investigates he bought the collapsed company's debt and assets, including customer proposals that carried deposits, and will refocus on Southwest Florida. The supplier liens already recorded against homeowners are separate, and nothing in his account releases them.
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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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Economics
Every populated island in Hawaii is now under a tropical warning or watch, and the hurricane center expects Lala to be a hurricane by the time it reaches the Big Island on Saturday
Advisory 9 upgraded Maui County to a tropical storm warning and put Oahu and Kauai under a new watch, alongside the hurricane warning covering Hawaii County. Lala is a 60 mph tropical storm forecast to become a hurricane as it approaches the Big Island.
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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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