NORTH FORT MYERS LCSO searching for missing endangered adult Lee County Sheriff’s Office is investigating a missing person.
The Weather Authority: Scattered storms for your Saturday The Weather Authority is tracking afternoon scattered storms for Saturday this Labor Day weekend.
WINK NEWS SWFL Scoreboard: High School Football Week 2 The Golden Eagles took down the Cougars 64-7 to win the Crosstown Showdown for the 26th year in a row.
NAPLES Naples mayor speaks out after DUI arrest Naples Mayor Teresa Heitmann has sent a statement to WINK News after being charged with a DUI.
FORT MYERS Woman stabbed at Fort Myers gas station Authorities responded to an active scene at a 7-eleven in Fort Myers after a woman was stabbed early Friday evening.
FORT MYERS FMPD investigating a van that followed a student from bus stop Police said a suspicious van followed a middle school student home from the bus stop on Thursday and yelled, “Get in the van.”
CAPE CORAL Report: Teen was on crosswalk when she was hit The driver of the box truck told officers he didn’t see Kendra as she rode in front of him, and he started to go.
FORT MYERS BEACH Celebration of Jimmy Buffet Day at Margaritaville Friday was Jimmy Buffett Day at Margaritaville and Fort Myers Beach is gearing up for a fun party all weekend long.
PUNTA GORDA Charlotte County deputies hold training for mental health encounters Charlotte County deputies are entering the community equipped with a new tool for handling mental health: the crisis initiative training.
Neighbors worried about flooding in Rotonda Heights Neighbors in Rotonda Heights are fed up with the flooding and they want to see it fixed.
ORLANDO Smart living moms reclaim their careers Betsy Gardner president and CEO of the Winter Park Chamber of Commerce started Relaunch, a program to help stay-at-home moms.
FORT MYERS BEACH A closer look at the gas leak that killed 2 men at Fort Myers Beach home A closer look at the gas leak that killed two men in Fort Myers Beach has revealed some new details leading up to the deaths.
SANIBEL Sanibel CVS Pharmacy reopening after Hurricane Ian The CVS Pharmacy in Sanibel is reopening nearly two years after Hurricane Ian caused severe damage to it.
FORT MYERS Woman transported after boat hits large wake under Midpoint Bridge A woman had to be transported to the hospital after suffering an injury when the boat she was in struck the wake of a yacht.
NEW YORK (AP) Trump has history sparking outrage for incidents around veterans even as military voters backed him The reported altercation at Arlington National Cemetery involving Donald Trump’s staff was far from the first time that veterans or the families of service members have criticized the former president for words or behavior they saw as disparaging.
NORTH FORT MYERS LCSO searching for missing endangered adult Lee County Sheriff’s Office is investigating a missing person.
The Weather Authority: Scattered storms for your Saturday The Weather Authority is tracking afternoon scattered storms for Saturday this Labor Day weekend.
WINK NEWS SWFL Scoreboard: High School Football Week 2 The Golden Eagles took down the Cougars 64-7 to win the Crosstown Showdown for the 26th year in a row.
NAPLES Naples mayor speaks out after DUI arrest Naples Mayor Teresa Heitmann has sent a statement to WINK News after being charged with a DUI.
FORT MYERS Woman stabbed at Fort Myers gas station Authorities responded to an active scene at a 7-eleven in Fort Myers after a woman was stabbed early Friday evening.
FORT MYERS FMPD investigating a van that followed a student from bus stop Police said a suspicious van followed a middle school student home from the bus stop on Thursday and yelled, “Get in the van.”
CAPE CORAL Report: Teen was on crosswalk when she was hit The driver of the box truck told officers he didn’t see Kendra as she rode in front of him, and he started to go.
FORT MYERS BEACH Celebration of Jimmy Buffet Day at Margaritaville Friday was Jimmy Buffett Day at Margaritaville and Fort Myers Beach is gearing up for a fun party all weekend long.
PUNTA GORDA Charlotte County deputies hold training for mental health encounters Charlotte County deputies are entering the community equipped with a new tool for handling mental health: the crisis initiative training.
Neighbors worried about flooding in Rotonda Heights Neighbors in Rotonda Heights are fed up with the flooding and they want to see it fixed.
ORLANDO Smart living moms reclaim their careers Betsy Gardner president and CEO of the Winter Park Chamber of Commerce started Relaunch, a program to help stay-at-home moms.
FORT MYERS BEACH A closer look at the gas leak that killed 2 men at Fort Myers Beach home A closer look at the gas leak that killed two men in Fort Myers Beach has revealed some new details leading up to the deaths.
SANIBEL Sanibel CVS Pharmacy reopening after Hurricane Ian The CVS Pharmacy in Sanibel is reopening nearly two years after Hurricane Ian caused severe damage to it.
FORT MYERS Woman transported after boat hits large wake under Midpoint Bridge A woman had to be transported to the hospital after suffering an injury when the boat she was in struck the wake of a yacht.
NEW YORK (AP) Trump has history sparking outrage for incidents around veterans even as military voters backed him The reported altercation at Arlington National Cemetery involving Donald Trump’s staff was far from the first time that veterans or the families of service members have criticized the former president for words or behavior they saw as disparaging.
VENTURA, CA – MAY 21: Preparation to open at Ikat & Pearls Home Decor on South California Street near Main Street in downtown Ventura Thursday morning as Ventura County has become the largest county in Southern California to resume dine-in service at restaurants and in-store shopping joining a growing list of California counties that have been given permission to enter phase two of reopening after closures due to coronavirus Covid-19. Downtown on Thursday, May 21, 2020 in Ventura, CA. (Al Seib / Los Angeles Times via Getty Images) Small and medium-sized businesses are finally getting some much-needed help from the Federal Reserve. The Fed’s highly anticipated Main Street Lending Program is launching more than two months after it was announced at the beginning of April. While the central bank won’t lend to businesses themselves, it will encourage banks to lend to struggling companies by taking the majority of the potentially risky loans off their balance sheets. The facility has long been talked about, but banks weren’t able to register as lenders of the program’s loans until Monday. The new loan program supports small and medium-sized businesses that have fallen on hard times as a result of the Covid-19 pandemic. Only businesses that were in “sound financial condition” before the outbreak are eligible, though the Fed doesn’t specify what exact metrics must be met. Unlike the Paycheck Protection Program, these loans are not forgivable and don’t have requirements such as rehiring employees. Instead, the Fed expects borrowers to make “commercially reasonable efforts to retain employees” given the economic environment. Millions of jobs have vanished across America as businesses shut down during the pandemic lockdown. Even though a net positive of 2.5 million jobs were created in May — the largest amount on record — the country is still a far cry from its pre-pandemic employment levels. Businesses that have already laid off workers will still be able to apply for the Fed’s main street loans. Companies have to apply for the loans with their banks, which can now register as main street lenders, the Federal Reserve Bank of Boston announced Monday. Banks are encouraged to make the new loans immediately, the Boston Fed said. The loans will range from $250,000 to $300 million, structured as five-year loans with floating rates. Payments will be deferred at first, with no principal due for two years and no interest for one year. The Fed decreased the minimum size of loans to make them more accessible to smaller businesses. In April, the Fed also extended the limits of the companies eligible for main street loans to businesses with up to 15,000 employees, or up to $5 billion in annual revenue. The central bank will purchase 95% of each loan extended under the facility, including those made before June 10 if they were originated under the same terms. By doing that, the Fed takes risk off banks’ balance sheets and allows them to make more loans. The main street facility is the latest of the Fed’s measures to support the economy through this crisis. Some investors believe that the monetary and fiscal backstop will help the economy recover enough to keep the stock market going. Even though stocks are lower on Monday and sold off last week, they have climbed significantly higher over the past few months, even as America entered a recession.