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Taylor Industries staff gain 33% of severance

Forty-one former staff of now-defunct Taylor Industries will receive just 33 percent of the total termination pay and benefits owed to them in what the company’s liquidator defended as “a relatively positive outcome”.

DIANE PHILLIPS: What it takes to breathe new life into historic Nassau

PARTS of this column first appeared nearly five years ago. Sadly, it remains all too relevant. The Tribune has agreed to re-run it today at my request in light of the Davis administration’s commitment to rescuing and resuscitating the historic city of Nassau.

Delinquent mortgage buyer gives insurer $8m ‘windfall’

A Bahamian insurer yesterday said it is targeting a 15 percent profit increase for 2022 once the $8m “one-off windfall” it enjoyed last year from its investment in a delinquent mortgage buyer is stripped out.

BISX-listed Fund ‘stabilises’ with commitments for $8m

The BISX-listed Bahamas Property Fund has “stabilised” occupancies and rental rates at its flagship property “for the first time” in almost a decade amid expectations its current $8m capital raise will be fully subscribed.

Two Bahamian players star in MLB game: Marlins’ Chisholm, Nats’ Fox

THEY were members of the same International Signing Class in 2015 and now seven years later, Jazz Chisholm Jr and Lucius Fox made Bahamian baseball history once again at the major league level.

Warning as container costs to double

Businesses should brace for a 100 percent increase in container costs for the summer due to the Russia and Ukraine war.

What Next for Cryptos?

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As the era of cheap money comes to an end, so do the conditions that propelled the price of Bitcoin and other crypto assets to the dizzying highs reached at the end of last year. At the time of writing, Bitcoin was trading just above $27,000, a drop of more than 60 percent from all-time maximum of almost $69,000 touched last November.

Five weeks of rising COVID cases in region

FOR the past five consecutive weeks the Caribbean has experienced a rise in new COVID-19 infections, according to Pan American Health Organisation Director Dr Carissa Etienne yesterday.

IMF urges Bahamas to stick to 50 percent debt ceiling

The International Monetary Fund has urged The Bahamas to keep to the 50 percent debt ceiling passed in 2018.

EDITORIAL: A deal that’s been a long time coming

THE announcement of the buyer for the Grand Lucayan Resort has been long coming.

Work permit clampdown in restaurants, construction

LABOUR Director Robert Farquharson says his department has denied labour certificates in all restaurant manager applications and in the vast majority of applications for construction site supervisors and project managers since September, preventing the applicants from getting work permits.

EDITORIAL: Resisting temptation to break the law

THERE was quite a startling admission from Environment Minister Vaughn Miller yesterday.

Ayton and Suns take 2-0 lead

PHOENIX (AP) — Chris Paul scored 28 points, including 14 in another spectacular fourth quarter, to lead the Phoenix Suns over the Dallas Mavericks 129-109 last night for a 2-0 lead in the Western Conference semifinals.

‘Excellent’ results in crime fight

A HIGH-powered rifle capable of firing 200 rounds of ammunition, more than $35,000 and nearly 85 lbs of marijuana were some of the substantive discoveries of the Royal Bahamas Police Force’s Operation Ceasefire.

Reform pensions now - or elderly will be left with nothing

The International Monetary Fund warns that a “significant” share of the elderly would be without pensions if reform to the pension system is not dealt with immediately.

‘We are going to have to play together’

Deandre Ayton looks ahead to game 6 against Mavericks

The Phoenix Suns have an opportunity to clinch a second consecutive berth to the Western Conference Finals but Deandre Ayton said he expects tonight’s game six matchup to be one of the toughest in the series.

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Deandre Ayton looks ahead to game 6 against Mavericks

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