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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.
Nygard to take stand in his defence in sex assault trial
FORMER fashion mogul and Lyford Cay resident Peter Nygard is expected to testify in his own defence as his sex crime trial continues in Toronto, Canada.
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.
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.
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 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.
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."
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.
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.
Chisholm Jr and Marlins celebrate latest historic double grand slam feat
BAHAMIAN Jasrado “Jazz” Chisholm Jr and the Miami Marlins celebrated his latest historic feat, being the team’s first player to notch grand slams in back-to-back games.
Tyesha Tynes a ‘stroke’ above the rest
Freshman Tyesha Tynes was pleased with the way she was able to make her presence felt for the Hastings College Lady Broncos women’s golf team this season.
Bahamas defeats Argentina, 101-89
Wins Group A to advance to semifinals
The Bahamas senior men’s national basketball team continued their winning ways last night, defeating Argentina 101-89 on their home turf to move on to the semifinals of the FIBA Basketball World Cup Americas Qualifiers.
‘Room for improvement’: Trade deficit expands 28% to $1.09bn
The Bahamas Trade Commission’s chairman yesterday said “there’s a lot of room for improvement” after this nation’s trade deficit expanded by almost $184m or 28 percent year-over-year to hit $847m in the 2023 second quarter.
Amateur golfers Gibson, Johnson miss the cut
It wasn’t the type of performance that Richard Gibson Jr anticipated in his return to the Latin America Amateur Championships.
Minister ‘confident’ swimming complex will be ready for CARIFTA
EXCITEMENT is slowly building for the 2024 CARIFTA Aquatics Championships to be hosted in Nassau, Bahamas March 28 to April 7.
Pirates tie the game with buzzer-beater against visiting VMI team to force overtime
But Virginia Military Institute opts not to play the extra period due to slippery floor at the Kendal Isaacs Gymnasium
STEPHAN Smith canned a buzzer-beating three-pointer for the Pirates to tie their game at 98-98 against the visiting Virginia Military Institute to force overtime last night.
Spartans win Baha Mar Hoops crown
University of North Carolina at Greensboro Spartans’ forward Mikeal Brown-Jones called the Baha Mar Hoops Nassau Championships one of the greatest tournaments he’s ever played in.
BPL ‘stranglehold’: Business battles up to 100% bill rises
Soaring Bahamas Power & Light (BPL) bills were yesterday said to be imposing “a stranglehold” on commerce with multiple businesses struggling to survive up to 100 percent year-over-year increases in their energy costs.
Crime has damaged reputation
The high crime rate, robberies, murders and rapes has ruined the international image and reputation of the Bahamas as a safe place for American, Canadian and European tourists to travel, because, in my opinion, of the failure of Prime Minister Philip Davis and Minister of National Security Wayne Munroe to reduce crimes, robberies, murders and rapes in The Bahamas. My warnings, prophecy and predictions have now come true - on Wednesday, January 17, 2024, the US State Department issued a warning to its American citizens about the Bahamas’ high crime rate, robberies, murders and rapes.
Security guard charged for possession of ammunition
A SECURITY officer was granted bail after he was accused of having almost 100 rounds of rifle ammunition in his home last weekend.
