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Men’s national basketball team splits wins with Jayhawks

TEAM Bahamas, with the newest addition of Phoenix Suns guard Eric Gordon, split games 1-1 against the University of Kansas (KU) Jayhawks this past weekend in Puerto Rico.

Cleaning up above and below water

The Bahamas Reef Environment Education Foundation (BREEF) held an above and underwater beach clean-up in commemoration of World’s Ocean Day last weekend.

American couple rebuild after Hurricane Dorian devastated their Guana Cay retirement home

AMERICANS Norvell and Mark Slezycki went on an emotional roller-coaster after Hurricane Dorian swept away their dream retirement home in Great Guana Cay, Abaco.

Supreme Court takes over PharmaChem’s liquidation

The liquidation of PharmaChem Technologies has been placed under the Supreme Court’s supervision due to the company’s massive insolvency, Tribune Business can reveal.

ArawakX directors stay in control of BOB battle

The Chief Justice has allowed ArawakX’s principals “to maintain conduct and control” of the legal battle with Bank of The Bahamas over the latter’s six-month freezing of all their accounts.

$100m Goodman’s Bay penthouse ‘compelling’ amid pneumonia claim

The developer behind the $100m, 14-storey Goodman’s Bay penthouse project last night acknowledged their neighbour’s “passion” and “attachment” but pointed to the 300 construction jobs it will create.

Liquidators ‘blocked as ArawakX set up similar operation in US’

ArawakX’s provisional liquidators have accused the crowd-funder’s principals and owner of its website of colluding to deny them control of the platform while setting up a similar US-domiciled operation.

Poll finds nearly 90 percent against oil drilling

A SURVEY reportedly found that nearly 90 per cent of local respondents support legislation preventing fossil fuel exploration in the country, and 74 per cent want to transition to renewable energy.

DIANE PHILLIPS: When the public speaks up, bad ideas can be grounded

A UNIQUE thing happened this week. Amid the horror played out on TV screens of violence rocking the Middle East with innocent men, women and children being captured and slaughtered, entire cities and villages burned and destroyed, amidst the burial of a revered Bahamian Cabinet minister who suffered an untimely and shocking death and amidst the tearful memorial for the head boy at QC who died before he had a chance to live, there was a bright and shining light.

FTX Bahamas demanding $9.15bn from US affiliates

FTX’s Bahamian liquidators are seeking to recover a total $9.15bn from the crypto exchange’s US entities with some 84 percent of this sum involving assets that were “misappropriated” prior to its late 2022 collapse.

Charities asked: Do you hold any of FTX’s $5.4m?

FTX’s Bahamian liquidators are “liaising” with local charities and non-profits over the collective $5.4m in donations they received from the collapsed crypto exchange to determine if they still hold any of these funds.

PAHO Director Emeritus Dr Carissa F. Etienne dies

The Pan American Health Organization announced on Friday that Director Emeritus Dr Carissa F. Etienne has died.

Coral restoration drive to boost ‘blue’ economy

The Ministry of Tourism yesterday partnered for a coral reef restoration drive that aims to boost sustainable tourism and the 23 percent of Bahamian economic output generated by the ocean economy.

Loss-making Pizza Hut’s close: 90% of jobs saved

Almost 90 percent of impacted staff have retained jobs despite the loss-making Pizza Hut franchise’s decision to shut its three New Providence locations with effect from Sunday.

Parking ‘satisfied’: Wynn penthouse project is go

The Town Planning Committee’s chairman yesterday confirmed it has approved Wynn Group’s 14-storey Goodman’s Bay penthouses after it “satisfied” long-standing parking concerns.

ArawakX ‘good undeniable’ yet KC confident on full winding-up

ArawakX’s president says “nobody can deny the good” it achieved as Securities Commission attorneys hailed the appointment of provisional liquidators as vital to “protecting the capital markets”.

Promotion Board president urges 30% stopover focus

The Bahamas Out Island Promotions Board president yesterday urged the nation to near-double the proportion of stopover visitors that make up its tourism base to 30 percent.

Wildcats to face Tigers in Battle 4 Atlantis finale

The Villanova University Wildcats snuck past the North Carolina Tar Heels in an 83-81 overtime thriller to advance to their third Battle 4 Atlantis finals yesterday at the Imperial Arena, Paradise Island.

Hotels dealing with visitor safety concerns on crime

Hotels have been fielding concerns over whether it is safe to vacation in The Bahamas as Canada was yesterday reported to have issued a crime alert on this nation.

Foreign buyer VAT rise gains ‘90-day transition’

A Cabinet minister yesterday confirmed the Government is allowing a 90-day “transition period” so that foreign purchases of real estate valued at under $1m - and already subject to sales agreements - can close at existing VAT rates.

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