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BISX-listed Fund eyes restart for dividends after 15-year gap
The BISX-listed Bahamas Property Fund’s Board will within the next month receive a recommendation to resume investor dividend payments after a 15-year hiatus following completion of its $8m preference share financing.
80% tourist share a Quality 'bonus'
Super Value’s president yesterday said his first Quality Supermarket had received “a little bonus” through tourists generating 80 per cent of sales, telling Tribune Business he expected the Cable Beach site to be “profitable from day one”.
MLB teams add Bahamian rookie prospects
Major League Baseball Clubs added players to their 40-man rosters to protect them from next month’s Rule 5 Draft and with that came an updated list of rookie prospects in each team’s pipeline.
80% Baha Mar vendor payout by tomorrow
Baha Mar’s creditor payout committee believes it will “have dealt with” about 80 per cent of Bahamian vendor and contractor claims by tomorrow, as it explores ways to “speed up” the process.
Scotiabank: $80m mortgages restructured in 18 months
Scotiabank (Bahamas) yesterday disclosed it had managed to restructure more than $80 million worth of mortgages, held by over 500 customers, within the last 18 months, telling Tribune Business just 5-6 per cent of that number had fallen back into delinquency.
Memories early opening gamble 'now paying off'
A senior tourism official yesterday said Grand Bahama’s Memories resort is forecasting an 80 per cent average annual occupancy rate, arguing that the gamble to open the property before it was 100 per cent complete was paying off.
Bad Santa
ActivTrades
THE mother of all consumer battles is over, and Apple is one of the winners. Americans shopped online for a record $11bn on Cyber Monday, and AirPods and MacBooks were very popular.
Buddy scores 16 in 114-112 loss to Magic
SACRAMENTO, California (AP) — The Orlando Magic made a pair of costly defensive mistakes in the final 80 seconds. Evan Fournier’s quick change of mind and a big shot by Aaron Gordon more than made up for it.
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.
Grand Bahama electricity costs 40% below rest of Bahamas
Grand Bahama’s electricity costs will be 40 percent lower than Nassau’s and the rest of The Bahamas during the 2023 summer peak after the island’s utility locked in fuel costs at 12-14 cents per kilowatt hour (kWh).
STATESIDE – Halfway through his first term: Biden and the immigration issue
US President Joe Biden is halfway through his first term in the nation’s top job. After an initial boost in favourable poll ratings and with TV and other media pundits, Biden began to slip, until earlier this year he achieved a dubious distinction when he sank “under water” with less than 50 percent approval ratings in the polls. Oddly, Donald Trump and “his” Supreme Court have rescued Biden twice.
STATESIDE: When – if ever – is it going to stop?
IS horrific gun violence in the US even newsworthy anymore? One can reasonably wonder what will be required for American legislators to enact meaningful gun control laws.
STATESIDE: Watching the election
FOR months, headlines have screamed out warnings that the future of American democracy was at stake in Tuesday’s elections.
STATESIDE: Trump just won’t go away and it may be Liz Cheney is the one to stop him trying again for the White House
There are serious people in the United States this morning who will tell you the future of democracy in America rests with Mitt Romney, Mitch McConnell and Liz Cheney.
Bahamians win medals, qualify for the NCAA Nationals
NCAA Track and Field moved into its conference championships across several divisions and Bahamian student athletes produced medal winning performances en route to qualifying for the upcoming NCAA National Championships.
STATESIDE: How long will it take for the US to recover the ground it’s lost in the eyes of the world?
“I feel sorry for Americans,” a lawmaker in Myanmar told The New York Times recently. From Berlin, another Times reporter wrote that events in the US were “shaking fundamental assumptions in Europe about American exceptionalism”.
STATESIDE: America’s had enough
THE man with the political death wish may have finally been granted that wish.
STATESIDE: Love him or loathe him, Trump’s far from beaten and could easily win a second term
What a mess. We’re just over four months away from a pivotal presidential election in the US - and what do we see?
STATESIDE: It’s not easy keeping pace with the polarization of American politics
GIVEN the choice, most of us would probably prefer a public figure or politician whose views are plain and consistent. That way, at least we know who and more importantly, what we are voting for. One of the most damaging criticisms of politicians in recent decades has been the charge of “flip-flopping,” especially in American elections.
Marines blow away Rangers
THE Bahamas Government Departmental Basketball Association moved into the second week of its 2013 season with a pair of expected contenders moving to 2-0 at the DW Davis Gymnasium on Wednesday night.
