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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.

WEDNESDAY UPDATE: One newly confirmed case of COVID-19

The Ministry of Heath reported on Wednesday that there is one newly confirmed case of COVID-19 in The Bahamas.

Buddy Hield scores eight points as Pelicans beaten again

SAN ANTONIO (AP) — Buddy Hield scored eight points in 18 minutes, but his New Orleans Pelicans suffered their third straight defeat, going down 98-79 to the San Antonio Spurs.

Sports Notes

WITH the shortened regular season completed, the Baptist Sports Council is slated to begin its postseason in the Banker’s Field at the Baillou Hills Sporting Complex on Tuesday night.

Mocs rout Giants 95-72 in Summer of Thunder

Coach Lamont Paris liked the physicality that the Commonwealth Bank Giants brought. He was even more impressed with how his University of Chattanooga Mocs responded to the pressure.

Giants at the double

The New Providence Basketball Association championship series continued in both Division I and Division II.

Bahamas on a roll at Pan Am Bowling Championships

The men’s team was the first to hit the lanes for Team Bahamas at the Pan American Bowling Confederation (PABCON) Championships being hosted in Cali, Colombia.

Andros Chickcharnies take home gold in golf

Grand Bahama Lucayans secure silver, NP Buccaneers win bronze

THE Chickcharnies will carry the sixth Bahamas Games team gold medal home to Andros.

More 94 says Bodie suspended, but not terminated

IN the wake of reports from controversial talk show host Ortland Bodie Jr that he had been “terminated” by officials at More 94.9 FM, the radio station’s management yesterday denied the company fired him, saying he “was suspended from his usual duties as host” until internal matters could be resolved.

Galanis: Flat $100 Business Licence fee is ‘mistake’

A prominent Bahamian accountant yesterday urged the Government to reconsider its proposal to reduce all Business Licence fees to a flat $100 rate, arguing that such a move would “fly in the face” of achieving equality in taxation policy.

Rockets beat the Pros, Caribs stun Shockers 98-96

THE New Providence Basketball Association continued its regular season action at AF Adderley Gymnasium on Wednesday night.

Surprise at Christie admission

OPPOSITION Leader Dr Hubert Minnis was surprised by Prime Minister Christie's acknowledgment that the Bahamas was now "in the midst of one of the most difficult and challenging fiscal periods in the nation's history". The Prime Minister made his observati

STATESIDE: The changing faces of today’s America

THE government has announced that preparations are well underway for the next Bahamian national census. An estimated 119,000 households are due to be surveyed over the first three months of 2022. Ho-hum?