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FTX Bahamas signals fresh Ray ‘progress’

FTX Bahamas’ liquidators and their US adversary yesterday suspended all scheduled legal filings as they bid to resolve their dispute outside the courtroom.

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King’s College holds official opening ceremony

THE official opening ceremony for King’s College School in The Bahamas was held yesterday.

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‘UP WAGE TO $350 - OR RISK STRIKES’: Unions agree to take vote as the call for minimum pay raise

A labour leader yesterday called for a further minimum wage hike to $350 per week by June 2024 as he revealed that multiple trade unions have agreed to each “take a strike vote”.

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GSSSA volleyball championships all set to get underway today

THE Government Secondary Schools Sports Association (GSSSA) volleyball championships are all set to be played for the senior and junior division titles at the Kendal G L Isaacs Gymnasium today at 4pm.

Despite health concerns, possibly due to mould, Ministry of Grand Bahama remains open

STAFF at the Grand Bahama Ministry has been experiencing health issues due to the presence of mould at the Harold DeGregory Government Complex Building on the Mall.

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Cornish pleads not guilty to charges of rape, assault and death threats

NORTH Abaco MP Kirk Cornish yesterday denied accusations that he raped, assaulted and threatened to kill a woman earlier this year.

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Kool Acres demolition begins in wake of shanty town blaze

AS the demolition crews moved into Kool Acres shanty town yesterday, resident Souvenance Similien watched, hoping to reclaim the abandoned car he calls home.

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The world is getting smaller

ActivTrades

For the past three months, the MSCI World index has been posting losses. The index is one of the most important building blocks for long-term equity savers.

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THE KDK REPORT: This wound so deep

AS blanketed as it may initially sound, humans enjoy and rely upon the concept of order. Whether it is in law or in life in general, we depend on certain conditions, practices and expectations without which we would be awash in a sea of confusion. On a daily basis, the sun rises and then the sun sets. Simple and easy to understand.

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A Junkanoo event in honour of Obie Wilchcombe scheduled for early December

DECEMBER will see a new event to honour former Cabinet Minister Obie Wilchcombe, just in time for Junkanoo, according to Mario Bowleg, Youth, Sports and Culture Minister.

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PI braces for new fast-food conflict

Paradise Island is bracing for a new fast-food battle with plans to establish Kentucky Fried Chicken (KFC) and Burger King outlets set to potentially double the number of such brands to four.

Swimming, athletics receive top honours at National Sports Awards

OVER the weekend, the swimming and athletics disciplines took home a majority of the awards at the Ministry of Youth, Sports and Culture’s National Sports Awards.

Bahamas must target 70% cruise visitor ratio

A well-known hotelier says The Bahamas must do a better job on cruise passenger “conversion” and increasing the number of resort rooms if it is to maximise tourism’s economic benefits.

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Eric Wiberg – PBM Mariner seaplane sinks near Royal Island

ON the night of Wednesday, July 19, 1944, at Royal Island, North Eleuthera, Lt (jg) HL Hayes crashed while landing in a turbulent sea. No injuries to the personnel occurred, but both wing floats were torn off the plane and the starboard wing tip bounced on the bottom and finally sank in 20 feet of water. The plane was damaged beyond repair and was later surveyed.

‘Economy’s turned’: Port targets $10m-plus profit

Nassau’s main commercial shipping port is targeting a 7 percent year-over-year increase to break the $10m profit barrier in 2024, its top executive asserting yesterday: “The economy has turned.”

$500m cruise port’s ‘strict preference’ for Bahamians

The US contractor managing landside construction for Carnival’s $500m Grand Bahama cruise port has pledged to give “strict preference” to Bahamians on all work that is put out to bid.

Tribunal VP: Terminate employees ‘by the book’

The Industrial Tribunal’s vice-president has warned employers to ensure staff terminations are done “by the book” in awarding a fast-food group’s ex-supply chain manager $47,000 for unfair dismissal.

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Bus fare increase set for 2024 first quarter

A Cabinet minister yesterday said the 25-cent bus fare increase will be rolled out in the 2024 first quarter following a series of Town Hall meetings to inform and educate the public on the move

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Public consultation in December for bus fare rise

TRANSPORT and Energy Minister JoBeth Coleby-Davis said public consultation on planned bus far increases will be held within the first two weeks of December, with officials hoping to roll out a 25-cent increase in the first quarter of 2024.

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Mom tells how son died in crash on her birthday

SHANTELL Swann lost her son on her birthday and will bury him two weeks before he would have turned 25.