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$550m deficit 'not set off big alarm bells yet' on Wall Street

The Bahamas’ projected $550 million deficit for the 2012-2013 fiscal year has “not set off serious alarm bells yet” on Wall Street, Tribune Business can reveal, with no further downgrade to this nation’s sovereign credit rating likely in the short-term.

Benchmark chief: SEC deal talks ‘not over yet’

A BISX-listed company’s principal yesterday warned “it’s not over yet”, even though his two-year legal battle with US federal regulators has taken another step towards resolution.

Turtle killer

Re: Hunt for turtle’s hammer killer.

A COMIC'S VIEW: Christie’s double speak leaves us all none the wiser

There’s an old Bahamian saying that goes “He talking out two mouths”.

Broker 'caused' to supply false financial details

The mastermind behind a $340 million Ponzi fraud allegedly “caused” a BISX-listed firm’s broker/dealer affiliate to issue “fabricated financial information” that resulted in the value of investors’ holdings being overvalued by almost $149 million.

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Coleby and Hilltoppers advance with 79-62 win in NIT opener

Dwight Coleby and the Western Kentucky Hilltoppers advanced with a dominant win in the opening round of the National Invitational Tournament.

Kadeem, Mark and Travis top performers among Bahamians

KADEEM Coleby, Mark St Fort and Travis Munnings were several of the top performers among Bahamian basketball players active in their respective programmes over the weekend.

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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Dames and Lightbourne sign letters of intent

JOSHUA Dames and Bradley Lightbourne became the latest Bahamian basketball talents to announce their intention to join programmes at the Junior College level.

Rose hits the court running

LJ Rose had a debut to remember and made an immediate impact on his new club.

Pro gridiron star Karl McCartney set to host series of clinics, scouting combines

IN an effort to further aid the development of American football in the Bahamas, pro gridiron star Karl McCartney will host another in his series of clinics and scouting combines for local enthusiasts.

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Bridgewater dominates in his French reunion

DOMINICK Bridgewater was dominant in his return to France’s NM2 League.

Tobacco manufacturer eyes 55 'growing' jobs

A wholly-Bahamian owned cigarette and tobacco manufacturer plans to have its growing program on Andros at “full throttle” this summer, a move which is expected to create 50-55 direct and indirect jobs on the island.

Tobacco plans

IT’S very considerate of the Bahamas Cigarette & Tobacco Co to plan to introduce a tobacco factory for the benefit of the people of Andros.

Junior golfers Anand, Azar in the lead

SOPHIE Anand continues to hold onto her lead in the girls’ 15-and-under division, while Diego Azar surged to the front in the boys’ 11-13 division as day two of the Caribbean Amateur Junior Golf Championships came to a close at the Albany Golf Club y

Moody’s: Hotel ‘enclaves’ lower economic impact

The “enclave” nature of large-scale Bahamian resorts is limiting their impact on the rest of the economy, a leading Wall Street analyst believes, with the ‘jury still out’ on whether Baha Mar will grow or split the high-end visitor market come 2015.

EDITORIAL: Evidence there to check the facts

EVIDENCE is a powerful thing.

EDITORIAL: Melia shutdown is a disaster for its staff

The news about the Melia Nassau Beach Resort could hardly be worse – it will close down for two years.

Meditation – The sea

THINK of the uncontrollable power of a storm. Harvey is certainly making his presence felt in parts of Texas. In the face of such force we are reminded to be humble no matter how important we seem to be. Tragic loss of life is a sobering reminder of the many who have found themselves going to a watery grave.

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Tokyo Games ‘not going to start on July 24’

AS pressure continues to mount from athletes, member federations and healthcare professionals, one International Olympic Committee official gave the first indication that the 2020 Tokyo Games will be postponed due to the coronavirus COVID-19 outbreak.