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Albany chief faces ‘largest insider trading’ fine for decade at $50m
THE Bahamas-based billionaire who led Albany’s development will pay “the largest financial penalty for insider trading in a decade” at $50m after he yesterday pleaded guilty to perpetrating a securities fraud.
Two Grand Bahama deaths with fentanyl in their system this year
GRAND Bahama has already recorded two deaths of people found with fentanyl in their system in 2024, according to Assistant Commissioner of Police Shanta Knowles, who said the drug was found in one person who died on the island last year.
France should lead in helping Haiti, not The Bahamas and CARICOM
I read carefully the words of Prime Minister Philip "Brave" Davis at the 19th Summit of the Non-Aligned Movement in Africa regarding the well-documented plight of Haiti.
RBDF Commodore pleased with how many women moved up in rank at recent promotions
SOME 400 people were promoted in the Royal Bahamas Defence Force earlier this month, and Commodore Raymond King is especially pleased with how many women are moving up the ranks.
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."
Controversial $1.3m propane plant agrees approval ‘quash'
A BID to develop a $1.3m “state-of-the-art” propane gas plant off Tonique Williams Highway was yesterday withdrawn before residents could seek to overturn the initial planning approvals it obtained.
Attorney loses challenge to overturn disbarment
A Bahamian attorney yesterday lost his challenge to the process that saw him disbarred over real estate transactions where he twice represented both parties in deals for the same property.
Gathered to remember and to pray
THE soaring murder rate is triggering grief-stricken relatives of people killed over the years by gun violence, dozens of whom gathered yesterday to mark Families of Murder Victims Day with prayer, songs and tears.
Minister: National stadium ‘repairs are going quite well’
CONCERNS have mounted as repairs continue at the Thomas A Robinson National Stadium and Betty Kelly- Kenning Aquatic Centre about whether the renovations of both venues will be completed in time for the 2024 CARIFTA Aquatics Championships and World Athletics Relays in March and May respectively.
Cocaine plane goes unnoticed
Around about 15th January this month, a video began circulating on Social Media about an aeroplane landing at Ohio State University airport with nearly 300 lbs of cocaine on board.
Approval delays cost ex-Olympic swimmer
Planning authorities yesterday informed a former Olympic swimmer that there are no legal restrictions that can block the proposed expansion of his Rose Island beach day excursion.
Charter Yacht Show to feature 60% more boats
The Bahamas Charter Yacht Show is this week returning for its second-year from January 25 to 28.
Gov’t yet to decide over Abaco ports
A CABINET minister yesterday said the Government has yet to make a final decision on the two proposals it received to operate and manage North Abaco’s port.
Cougars senior boys destroy Stars, 75-23
The Charles W Saunders Cougars showed the Bahamas Academy Stars why they are the Bahamas Association of Independent Secondary Schools defending senior boys’ basketball champions.
Man charged with last week’s murder at Parkgate Road
A 33-year-old man was remanded in custody yesterday after he allegedly murdered a man who was on bail for murder on Parkgate Road.
Man charged with vehicular manslaughter of two people
A MAN was granted $10,000 bail yesterday after he was accused of causing the death of two people on a motorcycle in a traffic accident on East Street last October.
Woman’s pandemic job loss becomes a ‘Litable’ success
RISHAUN Bowe was laid off from her server job due to the COVID-19 pandemic, but the job loss turned out to be a silver lining when it pushed her to start her own frozen drink business called “Litables”.
Tributes paid to Dr Elwood Donaldson, who died age 86
TRIBUTES were paid over the weekend to Dr Elwood Donaldson, the former parliamentarian and nation builder who died at 86.
The death penalty not happening
My fellow Bahamians, many of you are clamouring for the use of the death penalty as you’re aghast at the proliferation of crime, senseless murders being committed on our streets.
Tata Steel announces plans to cut 2,800 jobs in a blow to Welsh town built on steelmaking
INDIAN firm Tata Steel announced Friday it will close both blast furnaces at its plant in Port Talbot, Wales, eliminating 2,800 jobs, as part of plans to make its unprofitable U.K. operation leaner and greener.
