Second teen accused in Kayla Rincon-Miller murder case to appear in courtHotter and drier day ahead with isolated storms staying inland
CAPE CORAL Second teen accused in Kayla Rincon-Miller murder case to appear in court A 16-year-old is facing adult charges for his alleged role in the murder of 15-year-old Kayla Rincon-Miller.
the weather authority Hotter and drier day ahead with isolated storms staying inland The Weather Authority is tracking a hot and dry Tuesday morning with inland isolated storms expected in the afternoon.
Cape Canaveral Gov. DeSantis to hold news conference in Cape Canaveral Florida Gov. Ron DeSantis is set to hold a news conference in Cape Canaveral.
WINK News Lee County School Board to hold a transportation workshop With one month left for the academic year, parents’ concerns have turned to frustration as buses struggle to get kids to and from school.
Readying for hurricane season with Disaster Preparedness Sales Tax Holiday Hurricane season is rapidly approaching as Floridians prep for potential storms with the upcoming Disaster Preparedness Sales Tax Holiday.
NAPLES Increasing amount of homeless seniors in SWFL Saint Matthew House told Wink News that 20% of the people they shelter are over 60 years old.
NAPLES Man suspected of threatening pickelballers with machete A man has been arrested after authorities said he chased a group of pickleball players off a Naples court. “I don’t know. It just seemed like he snapped,” said William Nehrkorn, father of one of the pickleball players. Pelican Marsh maintenance worker, Joseph DeValle, is accused of running toward Nehrkorn’s son and friends, not with […]
NAPLES Turtle Club in Naples reopens Following a 19-month closure because of Hurricane Ian, the Turtle Club has reopened.
FORT MYERS BEACH Hurricane season preparations at Lee County construction sites Many already know the drill when hurricane season is around the corner.
SANIBEL Bones found on Sanibel concern beachgoers A husband and wife found what appeared to be bones. What type and where they came from is being investigated.
FGCU FGCU president reflects on first year with graduating class Alico Arena was packed this weekend as Florida Gulf Coast University graduated 1,900 students in four ceremonies.
Reverse shoulder replacement offers new approach to pain management Shoulder replacement is the third most common replacement in the US, following hip and knee replacement.
SOUTHWEST FLORIDA Lee County teachers bargain for new raises Kevin Daly is the voice of the Lee County Teachers Union, and he says he knows firsthand the struggle teachers experience across the state.
FORT MYERS New Starbucks off Colonial expected to add to traffic headaches It’s a venti-sized traffic nightmare. That’s how Gina O’Donnell envisions the future of this plaza.
NAPLES Feeding families through Meals of Hope They’re a Naples-based non-profit organization whose mission is to alleviate hunger both locally and throughout the country.
CAPE CORAL Second teen accused in Kayla Rincon-Miller murder case to appear in court A 16-year-old is facing adult charges for his alleged role in the murder of 15-year-old Kayla Rincon-Miller.
the weather authority Hotter and drier day ahead with isolated storms staying inland The Weather Authority is tracking a hot and dry Tuesday morning with inland isolated storms expected in the afternoon.
Cape Canaveral Gov. DeSantis to hold news conference in Cape Canaveral Florida Gov. Ron DeSantis is set to hold a news conference in Cape Canaveral.
WINK News Lee County School Board to hold a transportation workshop With one month left for the academic year, parents’ concerns have turned to frustration as buses struggle to get kids to and from school.
Readying for hurricane season with Disaster Preparedness Sales Tax Holiday Hurricane season is rapidly approaching as Floridians prep for potential storms with the upcoming Disaster Preparedness Sales Tax Holiday.
NAPLES Increasing amount of homeless seniors in SWFL Saint Matthew House told Wink News that 20% of the people they shelter are over 60 years old.
NAPLES Man suspected of threatening pickelballers with machete A man has been arrested after authorities said he chased a group of pickleball players off a Naples court. “I don’t know. It just seemed like he snapped,” said William Nehrkorn, father of one of the pickleball players. Pelican Marsh maintenance worker, Joseph DeValle, is accused of running toward Nehrkorn’s son and friends, not with […]
NAPLES Turtle Club in Naples reopens Following a 19-month closure because of Hurricane Ian, the Turtle Club has reopened.
FORT MYERS BEACH Hurricane season preparations at Lee County construction sites Many already know the drill when hurricane season is around the corner.
SANIBEL Bones found on Sanibel concern beachgoers A husband and wife found what appeared to be bones. What type and where they came from is being investigated.
FGCU FGCU president reflects on first year with graduating class Alico Arena was packed this weekend as Florida Gulf Coast University graduated 1,900 students in four ceremonies.
Reverse shoulder replacement offers new approach to pain management Shoulder replacement is the third most common replacement in the US, following hip and knee replacement.
SOUTHWEST FLORIDA Lee County teachers bargain for new raises Kevin Daly is the voice of the Lee County Teachers Union, and he says he knows firsthand the struggle teachers experience across the state.
FORT MYERS New Starbucks off Colonial expected to add to traffic headaches It’s a venti-sized traffic nightmare. That’s how Gina O’Donnell envisions the future of this plaza.
NAPLES Feeding families through Meals of Hope They’re a Naples-based non-profit organization whose mission is to alleviate hunger both locally and throughout the country.
FILE – In this Nov.25, 2019 file photo, the logo of Tiffany jeweler shop is pictured on the Champs Elysees avenue in Paris. LVMH is ending its monthslong pursuit of luxury jewelry retailer Tiffany & Co., citing in part the impact of proposed tariffs on French goods. The Paris-based conglomerate said that it needs more time to assess the impact of U.S. tariffs on French goods and cannot close the deal before year-end. (AP Photo/Michel Euler, File) Luxury goods giant LVMH is ending its takeover deal of jewelry retailer Tiffany & Co., saying the French government had requested a delay to assess the threat of proposed U.S. tariffs and amid wider industry troubles caused by the pandemic. The Paris-based conglomerate said that both the French government and Tiffany had requested that the closing of the deal be postponed by a few months. The French government, it said, wanted to assess the impact of the possible U.S. tariffs on French goods. As a result, LVMH said, the $14.5 billion deal that was scheduled to close Nov. 24 will be canceled. Tiffany replied that it’s suing to enforce the merger agreement, which was signed in November 2019. The New York company said LVMH’s argument has no basis in French law. Tiffany also said that LVMH hasn’t even attempted to seek the required antitrust approval from three jurisdictions. Shares in Tiffany slid nearly 9% late morning trading in New York. Those in LVMH, which owns 75 brands including Christian Dior, Fendi, Givenchy and Tag Heuer, were stable. The deal’s value came under strain during the coronavirus pandemic, which caused retail sales to plunge around the world. Tiffany’s share price has been trading around $125 a share for weeks – below the $135 per share price that LVMH had agreed to pay last fall, before the pandemic. Back then, industry experts had said the deal made sense. Tiffany, known for its delicate jewelry, distinctive blue boxes and an Audrey Hepburn movie, had been trying to transform its brand to appeal to younger and more digital shoppers, and could have used an owner with deep pockets to help expand. LVMH, led by billionaire Bernard Arnault, had thought the deal would strengthen its position in high-end jewelry and in the U.S. market. LVMH was also making a bet on China’s economy, where Tiffany had been expanding its presence. The pandemic threw all those assumptions and plans in doubt, and the threat of new tariffs between the U.S. and Europe was cited as a further complicating issue. Before COVID, the global market for personal luxury goods was solid, reaching a record high of $307.1 billion (260 billion euros) in 2018 – a 6% increase from the year before, according to consulting firm Bain & Co. That sector slipped by 2.1% to $331.9 (281 billion euros) last year, according to Bain estimates. But given COVID’s financial fallout and the shutdown of tourism worldwide, those sales could drop by 20% to 35% in 2020, Bain estimates. Bain expects that personal luxury sales won’t recover to pre-COVID levels until 2022 and 2023. Tiffany’s global sales dropped 29% during the fiscal second quarter ended July 31, following a 45% drop in the fiscal first quarter. Last year, France sought to impose a tax on global tech giants including Google, Amazon and Facebook. The French tech tax is aimed at “establishing tax justice.” France wants digital companies to pay their fair share of taxes in countries where they make money instead of using tax havens, and is pushing for an international agreement on the issue. In response to the tech tax, the U.S. threatened to slap 100% tariffs on $2.4 billion of French products. The two sides are at a tense truce as France has said it would delay collection of the digital tax until December, parking the issue until after the next U.S. presidential election where Trump hopes to secure another four-year term. In a press conference on Wednesday, French government spokesman Gabriel Attal confirmed that a letter was sent by French Foreign Minister Jean-Yves Le Drian to LVMH and referred to international talks about U.S. tariffs as a “very important issue.” “The (French) government is neither naive nor passive. We have objectives that we want to reach,” he said. He wouldn’t further elaborate and said that Le Drian is expected to express his views on the issue in the coming hours. CFO Jean Jacques Guiony of the LVMH insisted in a phone interview with reporters that the letter received Sept. 1 from the French government was legal and valid and left the group no choice. “I don’t think their objective is to please or not to please LVMH. They don’t give a damn…,” he said. “The letter is legally valid, is legal. When you get such a legally binding and legally valid letter, you just apply it…We will apply it.” Asked about lowering the price to keep the deal alive, he said that had not even been considered as there is no article in the contract that would allow that. “The deal cannot take place .. we are prohibited from closing this transaction … we have no choice.” As for the threatened law suit, the CFO said that he doesn’t “see a way in between” the arguments the two sides could put forth – we don’t do the deal on Nov. 24 and they saying that you have to do it anyway, he said. “We’ll see what happens.”