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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.

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WSC signs $2.3m industrial agreement with Water and Sewerage Management Union

THE Water and Sewerage Corporation signed a $2.3m industrial agreement with the Water and Sewerage Management Union (WSMU) yesterday, the terms of which are uncertain because the agreement was not released to the press.

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‘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.

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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.

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84-year-old woman dies in car crash in Grand Bahama

An 84-year-old Grand Bahama woman died in hospital on Sunday after a two-car collision on Saturday.

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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.

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Jones and Liberty topple defending champions in 38-point blowout win

JONQUEL Jones and the New York Liberty routed the Women’s National Basketball Association (WNBA) defending champions, the Las Vegas Aces, in a 38-point blowout win.

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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.

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‘With this team being one of the best assembled, we expect to advance’ in the FIBA Pre-Olympic Qualifier

EUGENE Horton, president of the Bahamas Basketball Federation (BBF), along with many Bahamians, have high expectations for the stacked 15-man national team.

‘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.

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‘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.

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Jonquel Jones and NY Liberty continue Eastern Conference dominance

GRAND BAHAMIAN native Jonquel Jones and the New York Liberty continue to remain atop the Eastern Conference with a now 20-6 win/loss record. The team’s latest win came against the ninth-overall Los Angeles Sparks.

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Glover-Rolle: Department of Social Services recommends 129 temporary workers be made permanent

STATE Public Service Minister Pia Glover-Rolle said the Department of Social Services recommended that 129 temporary workers be made permanent, 92 of whom are currently being processed.

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Tennis ace Michael Major Jr eager to get started with Howard University Bison

AFTER holding his own as one of the top junior tennis players in the region, Michael Major Jr is eager to get started at the next level as he displays his skills on the collegiate circuit.

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PETER YOUNG: Growth of woke extremism concerning as seen in the ‘de-banking’ of Farage

THERE can be no doubt about what to cover in this week’s column. In Britain, woke extremism is becoming more widespread and a major example of it has just come to light in the shape of Coutts & Co, a British private bank in London, which has recently cancelled, for political reasons, the account of one of its most well-known clients. Coutts is famous for handling the banking needs of wealthy individuals.

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Reid and Pastors defeat Politicians 32-29

It was one of those moments that organiser Apostle Carlos Reid said every basketball player only dreams about.

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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.

Yesterday’s icons & relevancy

It is a sad phenomenon to see how many iconic Bahamians, living and dead, would have either voluntarily removed themselves from frontline politics, either voluntarily or by a natural death, and still seek to have a meaningful role in the administration of the nation. A recent case in point is where a former Minister of Immigration under the late great and almost irreplaceable Sir Lynden Oscar Pindling, the Hon Loftus Archibald Roker, castigated the current administration of the Most Honorable Philip ‘Brave’ Davis, MP, KC as ‘leaderless’.