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Court filing sheds light on FTX fund transfers
FTX’s Chapter 11 lawyers applyed for a motion for the enforcement of an automatic stay from creditors in FTX proceedings due to shuffling of funds days prior to the chapter 11 filing, new court filings state.
Back to school for PM as Class of '68 hands over donation
PRIME Minister Philip "Brave" Davis returned to his school days with a visit to St John's College, as the school received a donation of $160,000 on Friday from its class of 1968.
Cooper: Developments must meet the required environment regulations
IN response to environmentalists’ concerns about the $250m resort and cruise port planned for Long Island, Tourism Minister Chester Cooper maintained yesterday that any development approved by the government will not begin major construction until it meets the required environmental safety regulations.
FRONT PORCH: The light which is the essence of Christmas
CHRISTMAS is a time to celebrate and to reflect on the Incarnation, God’s very personal and redeeming gift in the person of Jesus Christ.
Gas station warning of New Year lay-offs
A gas station operator yesterday warned the 24 percent minimum wage increase will “almost certainly” force the sector to cut staffing levels unless the Government grants a long-awaited margin increase.
‘Breath of fresh air’: 150k cruise arrivals over Xmas
The Downtown Nassau Partnership’s (DNP) co-chair yesterday hailed the increase in cruise ship traffic as a “breath of fresh air” for business with close to 150,000 passenger arrivals forecast for Christmas week.
Major Jr and Nottage face off in men’s final
It will be youth versus experience and Grand Bahama vs New Providence when rising teenager Denali Nottage faces former champion Kevin Major Jr in the men’s final of the 2022 Giorgio Baldacci Open Nationals. The tournament, hosted by the Bahamas Lawn Tennis Association, will come to a close today at the National Tennis Centre when the women’s champions will be decided as well in a rematch of last year’s finals between champion Sydney Clarke and runners-up Elana Mackey.
‘Worst Christmas ever’ say straw market vendors
DESPITE heavy tourism traffic downtown before the holidays, straw vendors say they are experiencing their worst Christmas season to date, with few to no sales most days.
‘Unenviable balancing act’ confronting The Bahamas
The Bahamas “faces an unenviable balancing act between food security and fiscal discipline”, the Inter-American Development Bank (IDB) warned yesterday, with global financial developments proving “particularly concerning”.
'Historic' year for tourism ahead
BAHAMAS Hotel and Tourism Association president Robert Sands said The Bahamas is set to see an “historic” level of visitor arrivals next year while bookings for most hotels in New Providence this holiday season and throughout the new year remain strong.
Skills transfer woe still a ‘sad reality’
The Bahamas must change “the sad reality” that key skills and knowledge are not being passed on to local workers by expatriate work permit holders, a prominent contractor argued yesterday.
INSIGHT: The KDK REPORT - The platinum gatekeeper
THE opportunity to age gracefully is something that I suspect all human beings long for. Where the differences materialise, however, is in the age we’d like to achieve before dying. Some say 75, while the majority respond somewhere in their 80s or 90s. Rarely does anyone say 100, thinking that it’s too far-fetched to even conceive.
INSIGHT: Sir Ronald Sanders - Travel within the Caribbean in crisis
THE closure of LIAT in 2020, without establishing air transport to fill the vacuum, has led to chaos in regional transportation, gravely affecting the movement of people and goods throughout the Caribbean region.
Knicks rally to beat Buddy Hield and Pacers for 7th straight victory
INDIANAPOLIS (AP) — Jalen Brunson scored 30 points, Julius Randle made six free throws in the final minute and the New York Knicks beat the Indiana Pacers 109-106 yesterday for their NBA-best seventh consecutive victory. The 19th and final lead change came in the final minute, when Randle made two foul shots with 45.6 seconds remaining for a 105-104 lead. After the teams exchanged turnovers, Randle hit four more free throws in the final two possessions. The Pacers missed a shot from just inside half-court at the buzzer. Buddy Hield and Aaron Nesmith each had 23 points for Indiana. Tyrese Haliburton and Bennedict Haliburton each added 15.
Minister urges greater caution on the roads
TRANSPORT and Housing Minister JoBeth Coleby-Davis is urging members of the public to exercise “greater” caution on the roadways amidst the increase of traffic fatalities in recent weeks.
Companies urged to build investor sustainability trust
A Bahamian accountant says it is vital that investors have trust in a company’s sustainability reporting in an environment where increasing emphasis is being placed on climate action.
‘Buddy’ and Pacers beat Warriors, Curry hurt
INDIANAPOLIS (AP) — Tyrese Haliburton scored 29 points and the Indiana Pacers made 16 3-pointers to hold on for a 125-119 victory last night over the Golden State Warriors and Stephen Curry, who didn’t finish the game because of a left shoulder injury.
Chipola improves to No.2 in poll
Deyton Albury, Paul Greene and Chipola College are now the no.2 ranked men’s basketball programme in NJCAA Division I.
Fredrick King has career night for Blue Jays
FREDRICK King had his second NCAA start and produced a career night for the Creighton Blue Jays.
Congresswoman hopes arrest will see Bankman-Fried held accountable
UNITED States Congresswoman Maxine Waters expressed hope that former FTX CEO Sam Bankman- Fried’s arrest and arraignment will signal him being held accountable for the alleged “fraud” he committed leading to the giant crypto exchange firm’s disgraceful fall, affecting as many as one million people.