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Broker ‘acted in good faith’ on $400m fraud
A BISX-listed company’s principal, and its main broker/dealer subsidiary, are demanding that a US federal lawsuit against them be dismissed because they “acted in good faith and did not receive ill-gotten profits” from an alleged $400 million financial fraud.
BAISS action heats up today
THE excitement is expected to continue at the Kendal Isaacs Gymnasium today with the second game in all four divisions in the Bahamas Association of Independent Secondary Schools’ best-of-three championships.
BEC generation plant availablity 'just 65%'
The Bahamas Electricity Corporation’s (BEC) generation turbines at Clifton Pier have just “65 per cent availability”, meaning that out of every 10 attempts to start they fail three-four times.
Communications sector rebounds through 3.7% growth in turnover
The Bahamian communications industry saw its total turnover increase 3.7 per cent year-over-year to hit $444 million in 2011, regulators have estimated, despite cellular phone subscribers falling by 90,000 since 2009.
Jonquel returns
After she opted out of the 2020 WNBA season, Jonquel Jones made her official return to the basketball court this week in the Russian Women’s Basketball Premier League.
Jones named to Defensive 1st Team, Sun host Sky in semis Tuesday
JONQUEL Jones received another postseason accolade and the WNBA semifinals matchup is set for her Connecticut Sun as they prepare to make their 2021 postseason debut this week.
High Flyers soar to championship
The Breezes High Flyers had their best offensive output in the final game of the series to claim the New Providence Basketball Association Division II Championship.
Basil Sands dies, aged 88
BASIL Sands Sr, the father of Health Minister Dr Duane Sands and Baha Mar Senior Vice President Robert “Sandy” Sands, died yesterday at the age of 88.The elder Sands, a celebrated accountant in his own right, was also the father of noted and respecte
Bahamas to get $60m for COVID battle boost
The Government is set to borrow $60m to boost the public health sector in its fight with COVID-19 and eliminate the paper-based system it employed to manage the crisis up until August 2020.
Local standouts shine in Caribbean Tip-Off Classic
IN addition to some of the top prep basketball recruits in the United States, Canada, and Finland, the first Caribbean Tip-Off Classic also gave local standouts an opportunity to showcase their skills.
Jonquel Jones scores 14 as Sun beat Sparks
UNCASVILLE, Conn. (AP) — Brionna Jones had 16 points and a career-high 15 rebounds and the WNBA-leading Connecticut Sun won their eight straight game and 20th of the season, beating the Los Angeles Sparks 76-61 on Saturday night.
FIFA U-15 CentroBasket: Two defeats for Bahamas
THE Bahamas’ team at the FIFA Under-15 CentroBasket Championships got a rude awakening in the first two games they played over the weekend at the Fernando ‘Rube’ Hernandez Coliseo in Gurabo, Puerto Rico.
Bahamas to rebound ‘faster’ than its rivals
A top hotelier believes The Bahamas’ “proactive” approach to COVID-19 testing and health protocols will enable its tourism industry to rebound faster than its competitors.
Jones returns home after stint in the WCBA
FREEPORT, Grand Bahama – For basketball superstar Jonquel Jones, the importance of representation of Bahamian women at the elite levels of the sport will continue to pay dividends as a younger generation has more examples of success to look to for inspiration.
‘Focus is to get tourism industry back on track’
THE government is looking at several dates to resume tourism operations in the country, Tourism Minister Dionisio D’Aguilar revealed yesterday.
Hotelier calls for 'calibrated' action on COVID surge
A Harbour Island hotelier yesterday urged the government to adopt “a more calibrated approach” to the surge in COVID-19 infections rather than cut off all commercial transport links to the US.Benjamin Simmons, proprietor of The Other Side and Ocean V
Small Business Centre gives $3.5m in first year
The deputy prime minister has hailed the Small Business Development Centre (SBDC) for approving $3.5m in financing for small businesses and start-up entrepreneurs during its first year. Speaking at the Centre’s year-end Christmas Client Showcase, K
Bahamian quartet in NCAA 'March Madness'
WHEN the dust settled on “Selection Sunday,” four Bahamian players and their respective universities received bids into the 68-team field for the NCAA Men’s Division I Tournament, commonly referred to as “March Madness.”
'Risk' broker may not return investor funds
There is a “legitimate risk” that a BISX-listed broker/dealer may not return funds caught up in a $340 million Ponzi scheme to their rightful owners, court documents obtained by Tribune Business have alleged.
Buddy cans 15 in 1-pt victory over Clippers
IT was quite a weekend for Buddy Hield with a pair of performances that produced a new career high and a thrilling come-from-behind win on the road.
