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Albany chief faces ‘largest insider trading’ fine for decade at $50m
THE Bahamas-based billionaire who led Albany’s development will pay “the largest financial penalty for insider trading in a decade” at $50m after he yesterday pleaded guilty to perpetrating a securities fraud.
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Sonja Knowles Track Classic on Saturday
THE fourth edition of the Sonja Knowles Track Classic returns to the original Thomas A Robinson Stadium this Saturday and Sunday with a new timing system to facilitate a quicker and more efficient track meet.
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Man admits to four bail breaches, fined $2,000
A 20-year-old man was fined $2,000 after admitting to breaching his curfew while on release for a pending murder charge.
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ALICIA WALLACE: Join in the call for global strike and ceasefire for Palestine
This week, I am participating in the strike for Palestine, and I invite you to join for the remainder of the week if you are not already participating. This global strike week is about disrupting business as usual.
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$10b lawsuit by Mexico to hold gun makers accountable for weapon trafficking revived
A US appeals court on Monday revived a $10 billion lawsuit by Mexico seeking to hold American gun manufacturers responsible for facilitating the trafficking of weapons to drug cartels across the US-Mexico border, according to Reuters.
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British billionaire and Albany developer Joe Lewis pleads guilty in insider trading case
British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, pleaded guilty Wednesday to insider trading and conspiracy charges in New York, saying he knew that sharing nonpublic information about publicly traded companies was wrong and that his crimes have left him "so embarrassed."
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‘I WAS FIRED FOR FOLLOWING RULES’: Adrian Gibson trial hears claim of WSC manager termination
AS Adrian Gibson’s criminal trial resumed yesterday, a Water and Sewerage Corporation (WSC) manager claimed she was “terminated” after refusing to pay companies awarded landscaping contracts because she lacked necessary documentation.
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Garvin Clarke named Player of Week again
For the second time this year as he makes his transition from the University of Akron to the Indiana University of Pennsylvania, Garvin Clarke has been named the Pennsylvania State Athletic Conference (PSAC) West Athlete of the Week.
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Minister: National stadium ‘repairs are going quite well’
CONCERNS have mounted as repairs continue at the Thomas A Robinson National Stadium and Betty Kelly- Kenning Aquatic Centre about whether the renovations of both venues will be completed in time for the 2024 CARIFTA Aquatics Championships and World Athletics Relays in March and May respectively.
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BPSU, treat members better
I write regarding the poor operations of The Bahamas Public Service Union. Where are the premiums and dues going? Why does one have to wait for eight months for a medical claim and more than three months for a death benefit?
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Man accused of molesting 11-year-old girl in Eleuthera granted $5,000 bail
A 20-year-old man was granted $5,000 bail yesterday after he allegedly molested an 11-year-old girl in Eleuthera last week.
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Bahamas losing boating ground to the Caribbean
A former Association of Bahamas Marinas (AB) president yesterday warned Caribbean rivals are gaining a competitive advantage over The Bahamas with "new and innovative" legislation.
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Baha Mar Foundation and govt join to launch the Calvin J Morley Safe School Zone initiative
THE aunt of Calvin Morley, Jr, a 13-year-old killed while trying to cross the street on his way home from school in 2012, said his memory will live on through a safe school zone initiative launched yesterday in his honour.
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Resort revenue growth relies on 5-7% room rate increases
THE BAHAMAS is relying on a 5-7 percent increase in room rates (ADRs) to drive resort revenue growth in 2024 due to limited opportunities to expand occupancies, a senior hotelier has revealed.
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Gov’t yet to decide over Abaco ports
A CABINET minister yesterday said the Government has yet to make a final decision on the two proposals it received to operate and manage North Abaco’s port.
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'Very confusing' boat fees needing urgent resolution
Bahamian maritime operators yesterday warned the Government "urgently needs to resolve" the fall-out from the "very confusing" suspension of 1,000 percent and greater hikes in boat registration fees.
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Haitian Pastor helped 20 since demolition of shanty towns
LEAGUE of Haitian Pastors president Dr Jean Paul Charles said he helped 20 residents affected by recent demolitions in New Providence who needed money and food.
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Cougars senior boys destroy Stars, 75-23
The Charles W Saunders Cougars showed the Bahamas Academy Stars why they are the Bahamas Association of Independent Secondary Schools defending senior boys’ basketball champions.
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Chickens have come home to roost
Our country is running a high fever.
