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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."
Bahamas broker’s clients: ‘We’ll be left with nothing’
Deloitte & Touche liquidators and their attorneys have been awarded over $1m in costs despite clients of a collapsed Bahamas broker/dealer voicing fears this payment leaves nothing for them to recover.
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.
Wynn's 300 building jobs to 'far outweigh' environment impacts
A $100m, 14-storey Goodman's Bay penthouse complex will create 300 construction jobs and generate benefits "that far outweigh" the touted limited environmental impact, it has been pledged.
Bahamas can’t pay $4bn costs for climate change
The Bahamas cannot afford the $4bn required to meet its pledged climate change targets without international financial, technology and other “capacity-building” support, it has admitted.
NPBA: Giants return to the finals
THE Commonwealth Bank Giants and Your Essential Store (YES) Giants will both return to yet another New Basketball (NPBA) Providence Association Finals.
BBF nationals to christen newly built South Andros Gym from Friday to Sunday
THE Bahamas Basketball Federation will take its National Round Robin Tournament to South Andros this weekend, but there won’t be any competition for the men’s division one.
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.
Nassau Gas chief pledges to fully refund all investors
A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."
ArawakX full wind-up sealed without a fight
THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.
Hugh Campbell Classic: Teams advance to the next round
TUESDAY was a busy day at the Kendal GL Isaacs Gymnasium as some teams were sent packing while others advanced to the next round of the 40th Hugh Campbell Classic basketball tourney.
Walcott ‘the crown jewel’ of Rangers’ signing class
JBLN standout considered to be ‘the next Jazz Chisholm’
From the time he started playing in the Junior Baseball League of Nassau, Sebastian Walcott had the notion that he would one day be a professional baseball player.
FRONT PORCH: The power of empathy and service to others
“SERVICE is what prayer looks like when it gets up off its knees and walks around the world.” – Fr Michael Graham, SJ.
Bahamians advance in NCAA March Madness
BAHAMIAN collegiate basketball players and coaches experienced success in the men and women’s brackets of the 2024 National Collegiate Athletic Association (NCAA) March Madness basketball tournament over the weekend.
Bahamas kickstarts FTX assets sell-off
An auto dealer yesterday disclosed he expects to sell 60 percent of the former FTX vehicle fleet assigned to him within 30 days, but warned: “This is not a fire sale.”
Jones and Liberty beat Aces 94-85
New York tightens up race for top seed in the WNBA playoffs
NEW YORK (AP) — Sabrina Ionescu scored 25 points and Breanna Stewart added 20 points, 12 rebounds and seven assists to help the New York Liberty beat the Las Vegas Aces 94-85 last night in the final regular-season meeting between the teams.
Central Bank ease ‘won’t open mortgage avenue’
The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.
THE BAHAMAS BEATEN DESPITE QUICK START: Puerto Rico win 6-1 in Nations League opener
AFTER getting off to an “electric start” from a quick shot from Christopher Rahming to ignite the home crowd inside the Thomas A. Robinson National Stadium, the Bahamas men’s team could not stop the relentless onslaught from Puerto Rico as they responded with a flurry of goals.
Sam Bankman-Fried ‘wants to be heard’ in FTX Bahamas wind-up
FTX’s founder says he “wishes to be heard” at today’s Supreme Court hearing on the winding-up petition intended to place the crypto exchange’s Bahamian subsidiary into full liquidation.
ArawakX ‘to be reported’ to police amid $4m insolvency
The Bahamas’ first-ever crowd funding platform is suffering from a near-$4m insolvency, its provisional liquidators have asserted, as they prepare to report “multiple criminal infractions” to the police.
