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Tag: Business

Englewood restaurant closes temporarily due to Red Tide

ENGLEWOOD, Fla.– The Beach Road Wine Bar & Bistro posted on Facebook that they had to close their doors for the rest of the weekend. The restaurant said they closed due to Red Tide. Beach Road Wine Bar & Bistro plans to open on Wednesday according to their social media. The post Englewood restaurant closes temporarily due to Red Tide appeared first on NBC2 News. NBC2 (WBBH-TV)

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Naples man to spend 18 months in prison for investment scam

TALLAHASSEE, Fla. — A former Naples resident has been sentenced to 18 months in prison for his role in an investment scam, officials said. Richard Leli is was offering investments in his Naples-based company, SW Florida’s Finest Tire and Auto, LLC, and didn’t follow through with promised returns. Leli convinced his victims to invest by persuading them that their money would supply the company with enough funds to lease a business space and purchase necessary machinery. However, an investigation found that the company was already up and running and that most of the money was used...

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New development project could begin in Cape Coral soon

CAPE CORAL, Fla. — The Cape Coral Community Redevelopment Agency will discuss the construction of a new parking garage and apartment building at 3 p.m. on Tuesday. Formerly dubbed “Project Hoosier,” the potential development in the Downtown redevelopment area is now referred to as “The Cape at 47th.” The mixed-use building would feature 280 apartment units, 18,000 sq/f ground floor commercial space, and a 525 space parking garage. If the project gets the green light, the CRA would contribute $10,350,000 to the construction of the parking garage and on-site utility...

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Dallas auction house sells unopened Super Mario 64 game for $1.56 million

Related coverage: Rare ‘Legends of Zelda’ video game sells for a record $870,000 DALLAS (AP)— A copy of Nintendo’s Super Mario 64 that remained unopened sold at an auction for $1.56 million. The 1996 game sold on Sunday, breaking Heritage Auction’s record for the selling price of a single video game, as reported by the AP. The auction house said in a statement that Super Mario 64 was the best-selling game on the Nintendo 64 as well as the first to feature the Mario character in 3D. This past Friday, an unopened copy of Nintendo’s The Legend of Zelda sold for 870,000. Heritage...

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Microsoft urges Windows users to update immediately in security warning

Microsoft is urging Windows users to immediately install an update after security researchers found a serious vulnerability in the operating system. The security flaw, known as PrintNightmare, affects the Windows Print Spooler service, CNN reports. Researchers at cybersecurity company Sangfor accidentally published a how-to guide for exploiting it. The researchers tweeted in late May that they had found vulnerabilities in Print Spooler, which allows multiple users to access a printer. They published a proof-of-concept online by mistake and subsequently deleted it — but not before it was...

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GM recalls Chevy, GMC pickups due to possibility of side airbags exploding

DETROIT (AP) — General Motors is recalling more than 400,000 pickup trucks in the U.S. because the side airbags can explode without warning and spew parts into the cabin. The recall covers certain 2015 and 2016 Chevrolet and GMC Sierra 1500, 2500, and 3500 trucks, The Associated Press reports. US safety regulators’ documents said the airbag inflator can rupture or the end cap can fly off on both sides of the trucks. Documents said three inflators ruptured in 2015 Silverados last month, one in Florida and two in Texas. GM said there haven’t been any reports of injuries, and all...

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Attorney Michael Avenatti sentenced to 2.5 years for Nike extortion threat

NBC NEWS — Attorney Michael Avenatti was sentenced to 2.5 years by a federal judge on Thursday after attempting to extort tens of millions of dollars from Nike. Avenatti was convicted in February last year of extortion, the transmission of interstate communications with intent to extort, and wire fraud in connection to threats he made against sports equipment and apparel giant Nike, as reported by NBC News. The attorney was arrested after representing a Los Angeles youth basketball coach who reportedly had information about Nike staff making illicit payments to top high school athletes....

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Fort Myers liquor stores see rise in alcohol sales ahead of Tropical Storm Elsa

FORT MYERS, Fla. – Liquor stores in Fort Myers saw an uptick in sales over the holiday weekend.  Some said their increased profit extended through Monday as customers prepared for the upcoming storm. Managers said customers are coming in waves. Many buying a few bottles to wade out the weather. “People are going to buy more when a hurricane is here, but a tropical storm – it was a moderate sale. But people bought pretty well and were really surprised,” said Thomas List, owner of List Distillery. Those familiar with severe weather say this is common practice....

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Some Fort Myers Beach businesses close in preparation for Tropical Storm Elsa

FORT MYERS BEACH, Fla.– As doors close on Monday on Fort Myers Beach, many of the beachfront businesses won’t open for customers on Tuesday.  Tropical Storm Elsa isn’t slated to make landfall here, but will likely bring tropical storm conditions to the coastline.  “The restaurant will be closed tomorrow,” said Andres Wirdma of the Sunset Beach Tropical Grill.  Many of those businesses closed up shop early on Monday in preparation for the storm.  Work was well underway at the Sunset Grill.  “We have a checklist that we have to go through,” said Wirsma.  They’ve...

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Jeff Bezos steps down as Amazon CEO

Amazon founder Jeff Bezos is stepping down as CEO of the company on Monday, handing his chief executive title to Andy Jassy. In February, Amazon announced that Bezos would transition from CEO to executive chair, saying he wanted to spend more time on his other ventures, including the Washington Post, space company Blue Origin, and philanthropy, reported CNN. Bezos will still have a heavy influence at the company as he’ll be its largest individual shareholder, a longtime mentor to the incoming CEO and he will still be the head of the board. As of last month, Bezos owned 51.2 million shares...

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