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FTX consumes 21% of Commission costs
FTX’s implosion consumed 21 percent of the Securities Commission’s near-$15m operating expenses last year as it raced to preserve client assets and tackle the legal and regulatory fall-out.
‘Smooth sailing’: Resort’s $30m annual GB boost
Fears that a major resort development may have stalled were eased yesterday after it was revealed the project will generate a $30m annual boost for Grand Bahama’s ailing economy once fully operational.
Fredrick King and Bluejays sweep Summer of Thunder
Bahamian Fredrick King and his Creighton Bluejays men’s basketball team have completed their mission here with a three-game sweep of their matches played this week in the Bahamas Basketball Federation’s Summer of Thunder.
BAHAMAS BRINGS HOME MEDALS OF EVERY COLOUR: Pan American U20 team wins gold, silver and bronze
The Bahamas’ 19-member team to the XXI Pan American Under-20 Track and Field Championships at the Jose A. Figueroa Freyre Stadium in Mayaguez, Puerto Rico over the weekend returned home with a medal of each colour.
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.
DIANE PHILLIPS: Suppose we could feed ourselves? One farmer says we can
WHAT could The Bahamas do with an extra billion dollars a year – build two new hospitals? Upgrade schools and fund after-school programmes? Pay down the national debt, boost social services to better serve the elderly and disabled?
Investigation ongoing after Buckeye oil spill
Environment and Natural Resources Minister Vaughn Miller said investigations remain active and ongoing into the fuel oil spill at Buckeye Bahamas Hub off Pinder’s Point, Grand Bahama.
‘Don’t share carbon credit benefits with oil explorer’
Environmental activists yesterday argued that the full benefits from creating carbon credits, and their subsequent trading, should go to the Bahamian people and not be shared with an oil explorer seeking to recover its $150m investment.
‘We begin our journey into the realm of sports nutrition’
RECENTLY, I have been deeply fascinated by the profound impact of sports nutrition on athlete achievement and overall well-being.
‘Uncle Lou’ Adderley set to be inducted October 14
THE late Deacon Leviticus ‘Uncle Lou’ Adderley will be among 10 individuals and one team to be inducted into Saint John’s University’s J-Club Hall of Honour on Saturday, October 14, as part of Homecoming festivities.
Crawfish oversupply to hit local fishermen
A Bahamian seafood processor yesterday confirmed that a global over-supply of lobster is driving relatively low prices for local fishermen at the opening of crawfish season.
Health premiums drop $15m on COVID travel cover end
Bahamian health insurers suffered a near-$15m year-over-year decline in group premiums last year due to the Government ending COVID-19 protection plan for visitors.
‘Gun only seen after police taped off area’
A WOMAN testified in the Coroner’s Court yesterday that footage capturing the aftermath of Deangelo Evans’ police-involved killing in 2018 was erased after police confiscated her phone, but that she later retrieved the video with the help of Evans’ father.
‘Major progress’ on one insurance law
Regulators say “significant progress” has been made in combining the Bahamian insurance industry’s regulatory regime into one law after the sector saw gross written premiums increase by $60m in 2022.
Officers questioned whether Evans was identified as a suspect before shooting
AN attorney representing Deangelo Evans’ estate questioned police assertions that Evans was the suspect in an armed robbery that preceded his death in 2018.
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.
Domnick Bridgewater and ‘Kino’ Burrows post big game
BEFORE they head off for their national team duties for the Pre-Olympic Qualifying Tournament, guard Domnick Bridgewater and centre Jaraun ‘Kino’ Burrows left their mark on the Bahamas Basketball Federqtion’s Summer of Thunder Tournament.
Minnis: BPL chief says we’re right over Wartsila
Dr Hubert Minnis says Bahamas Power & Light’s (BPL) chief executive has vindicated his administration’s $90m Wartsila investment as he queried whether the utility is increasingly reliant on rental generation once again.
Bahamas to field its best team ever: FIBA Pre-Olympic qualifier August 14-20
With National Basketball Association’s DeAndre Ayton and Eric Gordon all committed to joining Chavano “Buddy” Hield and Kai Jones, the Bahamas is expected to field its best team for the Pre-Olympic Qualifier in Santiago de Estero, Argentina.
Jonquel Jones named Eastern Conference Player of the Week
New York Liberty on four-game win streak
BAHAMIAN Women’s National Basketball Association (WNBA) player Jonquel Jones was named Eastern Conference Player of the Week while the New York Liberty enjoys a four-game win streak.
