FDIC sues former Orion Bank directors, seeks $53M
Published 01/31/2013 at 5 a.m.
The Federal Deposit Insurance Corp. has sued four former directors of Orion Bank in Naples, saying they should pay it millions for allowing the former CEO to "drive the bank into failure."
Study: Florida tourism growing, but promoting it more could make it stronger
Published 01/30/2013 at 5 a.m.
A new Florida TaxWatch study encourages state leaders to invest more money in tourism promotion.
Naples Winter Wine Festival raises $8.5 million for Collier children's charities
Published 01/26/2013 at 9:35 p.m.
It wasn't a record year for the Naples Winter Wine Festival, but Saturday's auction raised more than $8.5 million in about five hours.
Live Blog: Naples Winter Wine Festival Auction ends, estimated $8.5 million raised
Updated 01/26/2013 at 6:44 p.m.
The Naples Children & Education Foundation, sponsors of the festival and auction, will determine which children's charities will get proceeds from this year's festival, chaired by Naples residents Bob and Terry Edwards.
Noted designer Thom Filicia impressed with new Naples Robb & Stucky
Published 01/25/2013 at 5:15 a.m.
Thom Filicia made the most of his first visit to Naples. The designer, author and taste-maker came to town for Robb & Stucky International's first fundraiser at its Naples store, which opened earlier this month. He was the center of ...
Trial gives Lee residents chance to squeeze more from trees lost in canker scare
Published 01/25/2013 at 5 a.m.
A trial is winding down that could lead to a big payout for Lee County homeowners who lost their citrus trees during the state's failed canker-fighting campaign years ago.
Charities of the Wine Festival: New Operation Strides helps veterans heal with horses
Published 01/22/2013 at 5:15 a.m.
The Naples Equestrian Challenge is taking on a new challenge — veterans. The local charity has launched Operation Strides, reaching out to veterans for the first time. The mission: To help veterans from the Afghanistan, Iraq and Gulf wars dealing ...
Unemployment rates fall again in Collier and Lee counties
Updated 01/18/2013 at 7:04 p.m.
Jobless rates continue to fall in Lee and Collier counties, as well as in Florida overall. Lee’s jobless rate fell to 8 percent last month, down from 8.3 percent in November, according to the Florida Department of Economic Opportunity. Meanwhile, ...
Sweetbay customers surprised 3 Collier stores are closing
Published 01/17/2013 at 6 p.m.
As customers trickled in and out of the Sweetbay Supermarket in Green Tree Center off Immokalee Road on Thursday, some shook their heads in disbelief, surprised to learn it will soon close for the last time.
Collier, Lee foreclosures up in 2012 but expected to decrease this year, experts say
Published 01/17/2013 at 12:01 a.m.
While Collier and Lee counties both saw a rise in new foreclosure filings last year, this year could reverse that trend.
Sarasota post office closing could benefit Fort Myers center
Published 01/15/2013 at 5 a.m.
Nearly a year ago, the U.S. Postal Service announced the mail processing and distribution center in Fort Myers would not be part of a billion-dollar cost-cutting effort.
HMA shares rise despite quarterly profits falling below expectations
Published 01/14/2013 at 6:30 p.m.
Shares of Health Management Associates Inc. closed higher Monday, despite a warning that a tough economy took a toll on the company's fourth-quarter profits.
New home construction built up again in 2012 in Collier, Lee counties
Published 01/14/2013 at 5:15 a.m.
Lee and Collier counties saw a flurry of building permit activity last year, driven by a growing demand for new single-family homes.
Remade Robb & Stucky opens Naples furniture store Saturday
Published 01/12/2013 at 7:30 a.m.
Robb & Stucky is back, but with new owners and a new vision that becomes clearer with the opening of its newest store in downtown Naples. The two-story, 60,000-square-foot store a block north of Fifth Avenue South opens today. It's ...
Local execs praise Gov. Scott's proposal to eliminate equipment tax
Published 01/09/2013 at 1:51 p.m.
Gov. Rick Scott wants to eliminate Florida's sales tax on equipment and machinery bought by businesses.
Residential developer closes on $68M land deal in East Naples
Published 01/09/2013 at 5 a.m.
Minto Communities has closed on one of the biggest land deals in Southwest Florida since the housing market went bust.
Two indoor gun ranges in works in Collier County
Published 01/06/2013 at 7 a.m. 14 Comments
Pippa Steinhart plans to open an indoor gun range in an industrial zone off Mercantile Avenue, near Livingston Road. She's worked on the project for three years and expects to open by March. Meanwhile, another Naples resident is gunning to ...
Collier Place office buildings on U.S. 41 in Naples sold
Published 01/05/2013 at 7 a.m.
Two office buildings that weren't even on the market along a prime commercial stretch of U.S. 41 in Naples have sold for $11.4 million.
Single-family home permits in part of Lee up nearly 50 percent in 2012
Published 01/03/2013 at 5:30 a.m.
Lee County saw new single-family home permits grow by nearly 50 percent in 2012, a good sign the housing industry is rebounding from the Great Recession.
Minimum-wage increase 'practically nothing,' some say
Published 01/03/2013 at 5 a.m.
Florida rang in the new year with a raise for low-paid workers.
Collier, Lee banking industry rebounding, only one closure in 2012
Published 01/01/2013 at 6:45 a.m.
In four years, state and federal regulators have shut down nine troubled banks in Lee and Collier counties. But most of those failures happened in 2009 and 2010. There were none in 2011, while in 2012 regulators shuttered one — ...
Russians, Brazilians, Canadians among foreigners active in buying area real estate
Published 12/27/2012 at 5:30 a.m.
International homebuyers aren't so foreign any more in Southwest Florida. They're coming from more countries these days, including Russia, Brazil and even China.
State report: Collier, Lee added nearly 8,000 jobs in past month
Published 12/22/2012 at 8:30 a.m.
Employers in Lee and Collier counties added nearly 8,000 jobs in a month, as the busy season got kick-started in a way it hasn't in years.
FAA won't let Naples Connection take off from airport to Florida destinations
Published 12/22/2012 at 7:40 a.m.
The company that planned to launch air service between the Naples Municipal Airport and four Florida cities this year lost its operating certificate, putting it out of business.
Healthier eating trending up at Southwest Florida restaurants, numbers show
Published 12/20/2012 at 5 a.m.
More organic, gluten-free and waist-watching choices are part of the reason area restaurants saw record sales this year, local owners say. Stronger sales also have been driven by more tourists — and a better economy, with fewer locals out of ...
Estates woman who posted sign pleading to save her home must leave by Tuesday
Published 12/16/2012 at 7 p.m. 1 Comment
Cynthia Balterman won't be home for Christmas. She's lost a hard-fought battle to keep her home in Golden Gate Estates after it fell into foreclosure.
Wealthy Naples investors begin financial adjustments with looming fiscal cliff
Updated 12/17/2012 at 8:31 a.m.
For the wealthy in Naples, it's giving time because the U.S. economy soon may jump off the "fiscal cliff," with the Bush-era tax cuts expiring and automatic spending cuts kicking in on Jan. 1.
Naples-based HMA plans continued push to expand, despite '60 Minutes' report
Published 12/16/2012 at 8 a.m.
For HMA, a big strategy for growth has been acquiring and partnering with other hospitals — especially ailing, independent ones in smaller communities.
Collier not first-class when it comes to convention business
Published 12/11/2012 at 5:30 a.m.
With its small population, its limited number of hotel rooms and its shortage of direct flights, meeting planners would likely see Naples as a "third-tier" city if it had a convention center. "Second-tier" convention cities include the likes of Mobile, ...
Craig Wolf to host 'Florida Explorers' TV series for WGCU
Published 12/11/2012 at 5:15 a.m.
Wolf became a local real estate agent after losing his job with Waterman Broadcasting of Florida in March. He's keeping his full-time job as a Realtor, but he's found another gig that's putting him on camera again in Southwest Florida.
Downtown debate: Former Grand Central Station suitable for convention center?
Published 12/10/2012 at 5:30 a.m.
A convention center doesn't belong just anywhere. Finding the right spot could be one of the biggest challenges if a local businessman's pitch for a convention center in the Naples area ever gains political and community support.
One prominent businessman thinks Collier needs convention center, others disagree
Published 12/09/2012 at 8 a.m.
Up and down the state, and across the country, convention centers dot the landscape.
Convention centers that Collier County would have to compete against
Published 12/09/2012 at 6 a.m.
These are some of the convention centers that could compete with one in Collier County, if one were built here.
Collier Commission: Henning needs support to change reconsideration rules
Published 12/08/2012 at 3:43 p.m.
Commissioner Tom Henning placed 15 items on Tuesdays commission agenda for reconsideration. The items range from contracts for employees to contracts for the Marco Island Runway project.
Lee County agrees not to find VR Labs in default of pact
Published 12/05/2012 at 5 a.m.
Lee County commissioners have agreed not to find VR Labs in default of an agreement that gave the company a $5 million county grant to build out its bottling plant and create hundreds of jobs.
Lee attorney wants to negotiate solution with VR Labs, not find it in default
Published 12/04/2012 at 7 a.m.
Lee County commissioners will be asked today for direction on how the county attorney should deal with VR Labs, with its promised bottling plant still sitting dark and mostly empty after the start-up company spent millions in taxpayer money to ...
HMA stock takes a hit one day after '60 Minutes' report airs
Published 12/04/2012 at 5 a.m.
A Naples-based hospital operator's stock took a hit Monday, a day after an investigative "60 Minutes" report questioned its admission practices.
HMA | '60 Minutes' Allegations of quotas, fraud denied by boss
Updated 12/02/2012 at 11:36 p.m.
A Naples-based hospital operator landed on "60 Minutes" on Sunday, with the lead segment focused on accusations by more than 100 of its current and former employees that it has pressured its doctors to admit patients "regardless of medical need" ...
Naples-based HMA runs defense ahead of '60 Minutes' segment
Updated 11/30/2012 at 5:59 p.m.
Executives with a Naples-based hospital operator played defense on Friday, attempting to get ahead of a scrutinizing "60 Minutes" segment that will air Sunday. Health Management Associates Inc. organized a last-minute conference call from New York for investors and analysts ...
Deal struck with ex-Orion Bank CEO Jerry Williams in class-action suit
Published 11/30/2012 at 5 a.m.
A settlement has been struck in a federal class-action lawsuit brought against the former boss of Orion Bank.
Grand Central Station property in Naples changes hands for $100
Updated 11/28/2012 at 6:08 p.m.
A prime piece of real estate in the heart of Naples that's been eyed for everything from a community park to a convention center will soon be in the hands of Regions Bank.
Rise in tourists brings 900 more jobs to Collier compared to a year ago
Published 11/28/2012 at 5:30 a.m.
More visitors means more jobs in Collier County's tourism industry this year. In October, there were 900 more people working directly in the leisure and hospitality sector in Collier County than a year ago. Last month, there were 22,700 direct ...
Prime 19-acre vacant tract in Naples goes to foreclosure auction Wednesday
Published 11/27/2012 at 5:36 a.m.
The former Grand Central Station site in downtown Naples is chugging along toward the final step of foreclosure.
RSW passenger traffic continues ascent
Published 11/27/2012 at 5 a.m.
Last month, 484,768 passengers traveled through the airport, up 3.3 percent from October 2011.
Fort Myers-based NeoGenomics ready for listing on Nasdaq
Published 11/19/2012 at 5:30 a.m.
A decade ago, NeoGenomics Inc. was a little-known company — a newcomer in the world of diagnostic testing for cancer.
NABOR: October home and condo prices up 20 percent over a year ago
Published 11/16/2012 at 5:30 p.m.
Home prices are moving on up in the Naples market. In October, the median price for homes and condos rose to $192,000, up more than 20 percent from $159,000 a year ago, according to a monthly report released Friday by ...
LPGA tourney expected to drive millions into local economy
Published 11/15/2012 at 5:20 a.m.
The best players in women's golf are expected to propel millions into the local economy, as they compete for a $1.5 million purse and $500,000 first-place check in the CME Group Titleholders tournament.
Tourism leaders will still target ads in Northeast despite hurricane
Published 11/15/2012 at 5 a.m.
Superstorm Sandy changed New York and New Jersey, leaving millions of victims in its wake.
Collier commissioner makes move to assure Hideaway Beach erosion money remains
Published 11/14/2012 at 5:20 a.m. 3 Comments
The vote went the way Collier County Commissioner Donna Fiala wanted Tuesday. Her strategic motion to reconsider a 4-1 vote to spend $925,000 in tourist taxes to fight erosion on a stretch of Hideaway Beach on Marco Island failed, just ...
Sky Angel lawsuit says C-SPAN violated anti-trust laws
Updated 11/14/2012 at 3:30 p.m.
A small family-friendly Internet-cable TV service provider in Naples is taking on a national cable satellite network, C-SPAN, in an antitrust lawsuit.