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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."
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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.
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CCA slams 'implausible' $2.25bn Sarkis lawsuit
Baha Mar’s main contractor yesterday slammed Sarkis Izmirlian’s $2.25 billion fraud claim as “implausible”, branding his action as groundless and having no basis in law.China Construction America (CCA), in its long-awaited response to the fraud and “
Just 15% of insolvent broker’s assets located
An insolvent Bahamian broker/dealer’s liquidators have recovered just 15 per cent of its identified assets, while clawing back minimal sums from its former principal and overdrawn clients.
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Conflicting reports over MP’s debts
FOX Hill MP Shonel Ferguson and the vice president of her investment company have given conflicting information concerning the settlement of the more than $70,000 it is claimed their company owes in real property taxes concerning the maintenance and operation of a building it assumed responsibility for some 13 years ago, court documents allege.
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Chisholm can’t stop Marlins exit
Jazz Chisholm made his Major League Baseball postseason debut in what turned out to be the final game of the season for his Miami Marlins as they were eliminated from the playoffs.
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THE FINISH LINE: ‘I commend the Bahamas Baseball Association for taking stand to unite’
FOR some time I’ve been writing, agitating for the re-amalgamation of baseball in the country.
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DIANE PHILLIPS: It takes courage to go where you haven’t gone before
You’ve probably never heard of Stella McCartney. I never had either, until she landed on the cover of my favourite business magazine, Fast Company, in October. McCartney, a famous fashion designer, it turns out, is known for her men’s, women’s and children’s clothing as well as shoes, bags, caps and even gifts.
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THE FINISH LINE: DeAndre Ayton, ‘Tum Tum’ put on a show for the fans at home
We’re smack into the Thanksgiving season and although we don’t go all out and celebrate like our neighbours to the north – United States of America – do, we still should be grateful to God for giving us so much to be thankful for.
Govt WTO negotiators 'armed and dangerous'
The Government’s WTO negotiating team will be made “armed and dangerous” through the highest possible level of private sector support, the Chamber of Commerce’s chairman is pledging.Michael Maura told Tribune Business that the business community’s in
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Atlantis gains court bar on union action
Atlantis last night obtained an emergency injunction to prevent further industrial action by the hotel union following yesterday’s picketing that hit an industry trying to rise from its “knees” post-Dorian. Tribune Business understands that the Supr
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DIANE PHILLIPS: Oh, for a little respect while out shopping
IN every life, there comes a time when reality hits with a thud, like realising that you had the whole year to get ready for Christmas and suddenly it is here. And once again, though you promised last year and the year before that and probably the year before that it would never happen again, you blew the 8720 hours since the last time and you have 40 hours left to go before the big day.
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Ex-boss ‘robbed’ ferry firm of Bahamas route
The former chief executive of Balearia Caribbean must pay his ex-employer $2.844m in damages for effectively stealing the Resorts World Bimini ferry contract from under them.
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Rape is violence, do not be mistaken!
Art instillation explores devastation caused by forced sexual encounters
The lingering impact of violence is long and cross-generational.
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Tourism chief targets top US safety ranking
A Cabinet minister yesterday pledged to put US crime warnings on “a continued downward trend of severity” that will lead to The Bahamas being rated among the world’s safest nations.
PM tells Sarkis: ‘We won’t help’ over Baha Mar
PRIME Minister Perry Christie’s office last night effectively told Sarkis Izmirlian he was ‘on his own’ in seeking to reacquire Baha Mar, as it hit out at the “extraordinary statements” attached to his latest offer.
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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.
Sports in brief
Dr Jennifer Davis, DC, a sports and spine rehab specialist in Rockville, Maryland, has been selected for inclusion in the forthcming 2014-15 edition of the Trademark Who’s Who.
Insolvent broker chief asked to return $3.5m
An insolvent Bahamian broker/dealer’s principal will be told to return $3.5 million to its liquidators by “formally dissolving” 10 entities he controls, Tribune Business can reveal.