MADISON - The start of a new short-term loan program that wasn't slated to begin until July has been moved up in an effort to help businesses hurt by recent cutbacks at Oshkosh Corp.
The Wisconsin Economic Development Corporation, the state's chief jobs agency, voted this week to start the pilot program earlier. It will provide loans or loan guarantees of up to $250,000 to companies for projects or expenses that may not be eligible for traditional financing.
The board says it was starting the program earlier in light of news that Oshkosh was cutting 760 jobs from its defense division because of budget cuts being made by the U.S. Department of Defense.
The loan program this year will only target businesses in Oshkosh Corp.'s supply chain
RHINELANDER - There was no severe weather Thursday, but sirens across the Northwoods were blaring at about 1:45 pm on Thursday.
That's because the National Weather Service held a statewide tornado drill.
It was part of their severe weather awareness week, and Oneida County took part in the drill.
"The sirens are only set off for warnings, in the city of Rhinelander, it's only going to be a Severe Thunderstorm Warning that is affecting the city area," said Oneida County Emergency Management Director Ken Kortenhof. "It's also going to be set off for a Tornado Warning affecting the area."
ACROSS THE U.S. - A new proposal from the Food and Drug Administration (FDA) would expand regulation on tobacco products, including e-cigarettes, not regulated already by the agency.
The proposal, which was released Thursday, would regulate hookahs, nicotine gels, cigars and e-cigarettes. The FDA currently only regulates cigarettes, cigarette tobacco, roll-your-own tobacco, and smokeless tobacco.
Some smokers turn to e-cigarettes to try to stop smoking. Medical experts don’t know the full health impact of e-cigarettes yet. Leaders at the FDA want to get ahead of the trend.
The proposal would make e-cigarette producers register their products and show their ingredients to the agency.
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