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BISX listee’s chief loses SEC lawsuit dismissal bid

A BISX-listed firm’s chief executive, and its main broker/dealer subsidiary, yesterday lost their bid to dismiss a US federal regulator’s lawsuit against them over an alleged $400 million fraud.

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Teams of the year in the spotlight

IN the disciplines of swimming and water polo, the Bahamas continued its dominance in the region at the 34th CARIFTA Aquatics Championships.

Sherman Ferguson claims men’s title

SHERMAN Ferguson, the quiet slugger for the BTC Elite Warriors, has been named the New Providence Softball Association men’s batting champion.

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Sun’s Jones yet to appear in training camp

Jonquel Jones has yet to make an appearance in training camp or in any of the Connecticut Sun’s preseason games, but the front office is excited at the possibilities this WNBA season when the team is at full strength.

Grand Bahama's power costs 383% ahead of Florida

Grand Bahama-based businesses and households are paying 383 per cent more in energy costs than their Florida-based counterparts, a Freeport businessman yesterday telling Tribune Business this was the main reason for the island's 20 per cent-plus unemployment rate.

Arbitration unnecesary over Baha Mar dispute

A well-known QC says there is no need for a formal arbitration process to resolve the $3.5 billion Baha Mar dispute, arguing that the court-appointed joint provisional liquidators (JPLs) were fully capable of mediating and “sponsoring a resolution”.

Tight end Alex Smith signs with Redskins

AS teams fortify their rosters headed into the playoffs, one veteran player with Bahamian roots took advantage of the opportunity to continue his career as a journeyman reserve.

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Carnival Commission holds first meeting

THE Bahamas National Festival Commission held its first meeting yesterday ahead of the second Junkanoo Carnival and has been asked to devise a plan to uplift Bahamian culture, Minister of Tourism Obie Wilchcombe said.

Munroe slams E&Y’s presence in court

The Government dropped Ernst & Young as its provisional Baha Mar liquidators due to concerns that it had done work for the developer and was also a creditor.

Alex Smith on short list of options for Denver Broncos

WITH the NFL offseason in full swing, one veteran player with Bahamian roots looks to continue his career as a journeyman reserve. Alex Smith has emerged on the short list of options for the Denver Broncos as they look to replace acclaimed rookie tight end Jeff Heuerman.

Shake off 'self-imposed investment xenophobia'

By NATARIO McKENZIE

Rollins: Ignorance or arrogance?

On Tuesday, Dr Andre Rollins got his wish for a headline-grabbing story complete with a coloured head shot when he threatened to name names if Renward Wells is fired.

National Back-to-School Prayer

The first day of school is the day that marks the unofficial end of summer. We all know it well by the back-to-back traffic on the streets and the masses of children dressed in uniforms on their way to school. Some schools have already reopened, but on September 1, the majority of the schools will open their doors to thousands of students for the new school year.

Constituencies Commission members to be appointed soon

DEPUTY Prime Minister Philip “Brave” Davis said members of the Constituencies Commission will be appointed by the time the House of Assembly meets again on August 3.

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Christie not concerned by Sears leadership bid

PRIME Minister Perry Christie said yesterday he is “not at all” concerned about former Attorney General Alfred Sears’ bid to challenge him for the leadership of the Progressive Liberal Party (PLP).

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Sears seeks term limits and integrity commission

FORMER Attorney General Alfred Sears has called for the establishment of an “Integrity Commission to investigate the conduct of members of Parliament, senators, and senior public officials” and for term limits for prime ministers.

Haitian schoolchildren

In the Bahamas government primary schools there are approximately 65 per cent Haitians and 5 per cent different nationalities sitting in our classrooms.

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Antoan Richardson retires from baseball

ANTOAN Richardson, the sixth Bahamian to play in the major leagues, announced his retirement from professional baseball on Tuesday after a stellar 12-year career.

Tech Talk

• President Donald Trump’s administration is publicly blaming North Korea for a ransomware attack that infected hundreds of thousands of computers worldwide in May and crippled parts of Britain’s National Health Service.

Ex-US diplomat in 25,000 acre Andros venture

A $5m commercial faming venture that involved a former US ambassador to The Bahamas was yesterday identified as one of three competing investment proposals targeting North Andros.Documents obtained by Tribune Business name Ned Siegel, an ex-US ambass