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Tobacco start-up targets up to $10m first year sales

A Bahamian-owned tobacco manufacturing start-up yesterday said it was targeting $5-$10 million in first year gross sales, but warned this and employee hires could be “significantly impacted” if no Excise Tax exemption was forthcoming.

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Heat shake off slow start, beat the Hornets 109-95

MIAMI (AP) -- LeBron James and Dwyane Wade each scored 22 points, Mike Miller added 14 off the bench and the Miami Heat shook off a slow start to run away from the New Orleans Hornets 109-95 on Monday night. James added 11 rebounds and eight assists for Mi

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Heat shake off slow start, beat the Hornets 109-95

MIAMI (AP) -- LeBron James and Dwyane Wade each scored 22 points, Mike Miller added 14 off the bench and the Miami Heat shook off a slow start to run away from the New Orleans Hornets 109-95 on Monday night. James added 11 rebounds and eight assists for Mi

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Avengers even series with police, Cybots take 2-0 lead vs Challengers

THE Bahamas Government Departmental Basketball Association continued its semi-final playoffs at the AF Adderley Gymnasium on Monday night.

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Broker ‘acted in good faith’ on $400m fraud

A BISX-listed company’s principal, and its main broker/dealer subsidiary, are demanding that a US federal lawsuit against them be dismissed because they “acted in good faith and did not receive ill-gotten profits” from an alleged $400 million financial fraud.

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BISX-listed firm’s $5m ‘recapitalise’ after SEC settles

A BISX-listed company will have to undergo a $5 million ‘recapitalisation’ as a result of the deal struck by its principal and main subsidiary to settle a lawsuit against them by US federal regulators.

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Court 'quashes' Commission probe into BISX firm's broker

The Securities Commission is appealing a court verdict that “quashed” its bid to assess the solvency of a BISX-listed company’s broker/dealer affiliate, which is embroiled in an ongoing $340 million fraud probe.

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Lathaniel and Cardinals get at-large bid to NJCAA Division I Nationals

LATHANIEL Bastian and his Trinity Valley Community College Cardinals had their nearly season long win streak come to an end, but still received an at-large bid to the NJCAA Division I National Championship Tournament.

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Bahamian connection turning heads with BC Prep Panthers

THE Bahamian connection with the British Columbia Prep Panthers continues to deliver a series of impressive performances as the programme establishes itself as a pipeline for local talent. The Panthers - with Joshua Dames, Bradley Lightbourne, D’Ant

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Regulators top Pros, Elites beat Stampers

THE New Providence Basketball Association continued its regular season action at the AF Adderley Gymnasium on Monday night with the Elites Basketball Club and the Leno Regulators winning the double header.In the opening game, the Elites Basketball Cl

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Professional basketball players making moves

BAHAMIAN professional basketball players in leagues around the globe continue to progress in their respective seasons while others have made the transition to new leagues.Kadeem Coleby continues to perform at an All-Star level for his first place Aki

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Sports in brief

THE New Providence Volleyball Association’s best-of-three playoffs got started at the DW Davis Gymnasium Wednesday night.

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Amateur golfers take the spotlight in Cayman

THE 62nd Caribbean Amateur Golf Championships continued at the North Sound Golf Club in the Cayman Islands and several Bahamian golfers lowered their scores from the opening rounds.Team Bahamas includes nine golfers - Richard Gibson Jr, Pablo Nahmias

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Bahamas in 5th place at Caribbean Amateur Jr Golf Championships

TEAM Bahamas will have much ground to cover if they hope to contend against the region’s top junior golfers.

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UB Mingoes get 98-75 win over Wolverines

ROBERT Joseph seemingly could not miss from behind the arc for the University of the Bahamas Mingoes against the Wolverines Saturday night in New Providence Basketball Association action.

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Ingraham bids farewell as FNM leader

FORMER Prime Minister Hubert Ingraham bid farewell as the Free National Movement’s longest serving leader at the party’s convention this weekend.

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Exalting the divine from 1939

Celebration will truly be in the air when Holy Spirit Anglican Church, one of the main spiritual pillars in the Chippingham community, rings in their 75th anniversary. Although the church, once known as the “Little Lipstick Church”, officially celebrates this milestone on January 12, 2014, it is organising six months of activities leading up to the grand celebration.

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Bahamian players in U Sports spotlight

IT was an active weekend for Bahamian basketball players at Canada’s top-tiered U Sports level and in the Canadian College Athletic Association.Azaro Roker has thrived in a more prominent role early in the season for the St FX X-Men.Roker stuffed the

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Bahamian companies wait two years for $1m fraud recovery pay

Bahamian companies battling to recover assets lost in a $400 million financial fraud are experiencing “financial stress” themselves because they have not been paid almost-$1 million due for two years’ work.