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Man killed by stab wound to the head
A 25-year-old man became the country’s latest murder victim when in the heat of an argument he was stabbed in the head Wednesday evening.
$2.5m impact blunts Bahamas First profit
Bahamas First Holdings yesterday said it shrugged off a collective $2.5 million ‘hit’ from Hurricane Sandy and various investment/commission decreases to hit “90 per cent” of its 2012 comprehensive income target.
Breezes High Flyers one game from championship
THE Division II defending champions are a game away from repeating as champions while the Division I series went in the opposite direction and is a game away from being all tied up.
YESI partners with Gambier Primary to kick off soccer programme
Youth Empowerment through Sports International (YESI) has embarked on a new initiative with a local primary school, as it continues its mandate of using the game of soccer to impact the community at large.
Giants, Panchos get wins
THE New Providence Basketball Association continued its regular season at AF Adderley Gymnasium Wednesday night when the Johnson Trucking Panchos and the Commonwealth Bank Giants won their respective games.
Insurer’s $5m payout to boost equity return
A Bahamian insurer will “significantly reduce our cost of capital” by redeeming $5m in preference shares as it awaits regulatory approval to acquire an agency owned by one of its main shareholders.
In the spotlight...
In the spotlight... Records fell, the St Augustine's College Big Red Machine took three divisions, and a series of keenly contested relay races concluded the 2012 edition of the Bahamas Association of Athletic Associations (BAAA) Scotiabank National High
NBA Playoffs: ‘DA is playing unbelievably well’
DEANDRE Ayton’s offensive production slowed for the first time this postseason, but his Phoenix Suns had their most lopsided win en route to taking a 3-2 lead over the Los Angeles Lakers in the NBA postseason.
‘Family Islands lockdown could last four more weeks’
DEPUTY Chief Medical Officer Dr Delon Brennen said it could take another four weeks before the lockdown can end on Family Islands that have not yet recorded a confirmed case of COVID-19.
NCAA Division I: Bahamian players impressive early on
IN THE second week of the NCAA Division I basketball season, several Bahamian players continued their impressive showings early in the year.
Romad Dean takes part in the Big Shots Prep Nationals with Adidas Grassroots Elite
WHILE prep basketball in Ontario, Canada, remains sidelined due to COVID-19 protocols, Romad Dean travelled to the United States to participate in the Big Shots Prep Nationals with Adidas Grassroots Elite.
Sanctioned broker eyeing Canada exit
A BAHAMIAN broker/dealer yesterday said it was assessing whether to re-domicile millions of dollars in assets, belonging to both itself and its clients, away from Canada due to concerns over a regulatory "domino effect" resulting from a recent ruling against it.
Troubled broker in Judicial review against regulator
A BISX-listed firm’s broker/dealer subsidiary has filed a Judicial Review action against the Securities Commission of the Bahamas, over the regulator’s demand that it cease taking on new business and submit to a “solvency review”.
Liquidators pledge recognition of $83m Alliance investments
One group of liquidators for an alleged multinational Ponzi fraud yesterday denied claims they would not recognise investors who placed $217 million into it via a Bahamian broker/dealer.
Commercial properties: 70% behind on taxes
Some 70 percent of commercial properties are in arrears on their real property tax payments, it was revealed yesterday, although a “high proportion” of Bahamian homeowners are compliant.
US naval vessel hosts Independence Day event
THE US Embassy in Nassau on Friday celebrated the 246th Independence Day anniversary of the United States aboard the US Navy Arleigh Burke-class guided missile destroyer, USS Lassen (DDG 82), while docked at Prince George Wharf.
Briefly
I DON’T know what action will be sufficient to roll back both the Islamic State militant group and Russia’s president, Vladimir Putin, but I do know what’s necessary. And it’s not “leading from behind”, which didn’t really work for President Barack Obama in Libya, and it isn’t simply leading a lonely and unpopular charge from in front, which certainly didn’t work for President George W Bush in Iraq. It’s actually reviving America’s greatest strategy: leading from within.
Big Red Machine lead the Comets by 14.5 points
JUST 14.5 points separate the teams atop the leaderboard at the BAISS Track and Field Championships, setting the stage for a thrilling finish in today’s finale.
600 jobs expected as Minnis signs heads of agreement for $300m Abaco project
A HEADS of Agreement was officially signed yesterday between the government and Tyrsoz Family Holdings Ltd for a $300 million residential resort and marina in South Abaco, which will allow for the creation of 600 construction jobs on the island. Not
Make COVID-19 ease 'permanent', PM urged
The Prime Minister was last night urged to make his latest COVID-19 relaxation "permanent" after he gave retailers on the brink of closure a last-minute reprieve that may enable their survival.