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BISX listee's principal seeks SEC suit dismissal

A BISX-listed company’s principal, and its broker/dealer affiliate, are demanding that a federal regulator’s lawsuit against them be dismissed because the US courts have “no jurisdiction”.

'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.

Ministry to empower youths to make positive choices

FOR the second consecutive year, Sports World Ministry is bringing its Go Positive Tour to the Bahamas.

IDB: $13M 'RETROACTIVE' TO STOP ROADWORKS SHUTDOWN

By NEIL HARTNELL Tribune Business Editor An alarmed Inter-American Development Bank (IDB) is providing $13 million in retroactive financing to prevent a "cash flow shortfall" from bringing the New Providence Road Improvement Project to a temporary halt,

DPM targets 8m visitors for 2023

The Deputy Prime Minister yesterday forecast that 2023 tourist arrivals will hit the eight million mark with downtown Nassau’s British Colonial Hilton set to fully re-open by year-end.

'Significant' help needed to repair damaged east GB

SIGNIFICANT support and assistance to rebuild the communities devastated in the east Grand Bahama district are needed, according to Administrator Gaye Antoine-Bowe, who reported that the damage to homes and property is very widespread. On Grand Baha

CH Reeves Raptors are just 1.5 points ahead of AF Adderley fighting Tigers

IF the CH Reeves Raptors are to claim a ninth consecutive GSSSA Junior High Schools track and field title, they face a much tougher challenge this year from the AF Adderley Tigers who trail just 1.5 points behind atop the leaderboard.

BTC owner predicting 'light at end of tunnel'

The Bahamas Telecommunications Company’s (BTC) ultimate owner yesterday said there was “light at the end of the tunnel” in its battle to fight off Aliv’s competitive threat.Balan Nair, Liberty Latin America’s chief executive, told a conference call i

COVID mask deterrent ease for cruise tourists

The Government’s COVID enforcers have eased the mask-wearing mandate for cruise ship passengers as vessel occupancy for Nassau berths hit a post-pandemic record of 91 percent last Friday.

TOUGH CALL: Another set of islands another set of solutions

KIRKWALL, Orkney – Visiting this remote group of islands off Scotland’s northeast coast recently, I was struck by some remarkable similarities to the Bahamas.

IAN FERGUSON: The advantages to buying Bahamian

The Bahamas presently imports more than $5.5bn in goods and services annually. Over 94 percent of our food is imported from the US and our other trading partners. For many years we have lamented these statistics, but have not made significant strides towards changing this reality.

Ayton scores six in loss to Mavs

DALLAS (AP) — Rookie Deandre Ayton scored six points and grabbed five rebounds for the last-place Phoenix Suns in a 104-94 loss to the Dallas Mavericks on Wednesday night. He also had a block, steal and an assist in 20 minutes on the hardwood.

FINCO chief: 95% of local transactions done digitally

RBC FINCO’s top executive says Bahamians are beginning to embrace a digital future with 95 percent now conducting their financial transactions electronically.

Dames, Lightbourne to join Panthers prep programme

THE BC Christian Prep Panthers basketball programme is establishing itself as a pipeline for Bahamian talent and will add another pair of local student-athletes.

Body found after blaze hits building

POLICE in Grand Bahama found human remains in a wooden structure that was destroyed by fire yesterday morning.Shortly after 1am, police from the Fire Department were called to a building fire in Pinedale, Eight Mile Rock on I-95 corner where they met

Police hunt for wanted men

GRAND Bahama police are searching for two men who are wanted for questioning in connection with armed robbery, housebreaking and stealing incidents on the island.

Police bail extended for man accused of stealing $40,000

AN Eleuthera man accused of stealing more than $40,000 from his employer between 2009 and 2012, had his police bail extended in the magistrates court yesterday until he is formally arraigned in Eleuthera next week.

Sports in brief

THE Junior Baseball League of Nassau is slated to host its first US Embassy/JBLN/MLB Baseball Skills Clinic October 30 to November 2 at the St Andrew’s Field of Dreams.

Doctors fear ‘minimum’ 25% cost rise with NHI

Doctors fear the Bahamas will be left with “a dysfunctional health system” if the Government forges ahead with National Health Insurance (NHI), as the current model is plagued by funding shortfalls and threatens to increase their costs by “a minimum” 25 per cent.

Govt in ‘back handed’ Hawksbill change move

A prominent QC yesterday agreed that the Government’s call for Freeport businesses to seek renewal of their tax breaks was a “back handed” attempt to amend the Hawksbill Creek Agreement, with the move representing “the worst formula for business”.

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