Story
Jonquel Jones has 17pts and 10 rebounds but Sky get 94-91 win over Sun
CHICAGO (AP) — Jonquel Jones had 17 points and 10 rebounds for Connecticut (22-11) but it wasn’t enough as the Chicago Sky beat the Sun 94-91 yesterday to set the franchise record for wins in a season.
Story
BISX-listed firm's affiliate embroiled in '$140m fraud'
The head of a BISX-listed company yesterday told Tribune Business that it had “not been impacted at the moment” by its broker/dealer subsidiary becoming embroiled in an alleged $140 million investment fraud.
Story
Shockers rout Marines 117-91 Giants down Rockets 100-88
THE Real Deal Shockers routed the Defence Force Marines 117-91 and the Commonwealth Bank Giants knocked off the Pyramid Food Rockets 100-88 on Wednesday night as the New Providence Basketball Association continued its regular season at the AF Adderley Gym. Here’s a summary of the double header:
Story
Bahamas broker 'pliant' in claimed investment fraud
The broker/dealer subsidiary of a BISX-listed company has been described by US regulators as “the pliant custodian” for an investment group accused of perpetrating an $140 million fraud, one investor alleging that it also failed to respond to its asset verification requests.
Story
STATESIDE: Politicians need to recognise when it is time for them to leave the stage
WHAT do Diane Feinstein, Ruth Bader Ginsburg, George Santos and Clarence Thomas have in common?
Story
Women's Week events to conclude with march on Saturday
UNDER the theme ‘Press for Progress’, a week-long series of events marking Women’s Week and International Women’s Day will culminate in a march on Saturday. March organisers Equality Bahamas said this year’s events focused on bodily autonomy and cre
Story
Collapsed entity’s $5m holding in BISX firm
Questions were last night being raised over the future viability of a BISX-listed company, after court documents disclosed that an entity accused of perpetrating a major multinational fraud held all its $5 million preference share capital.
Story
Overall crime shows 7% decline
CRIME declined by seven percent in 2019 despite a four percent uptick in murders and a 12 percent increase in armed robberies, according to police statistics. Police Commissioner Anthony Ferguson, as he released the statistics, cited Hurricane Dorian for the murder increase from 91 in 2018 to 95 in 2019, saying law enforcement will learn from having its resources stretched to respond to a natural disaster.
Story
BISX-listed firm's CEO faces 'grilling' over alleged fraud
The chief executive of a BISX-listed company faces a grilling from liquidators investigating an alleged multinational fraud, who are seeking information on a series of multi-million dollar transactions involving his company.
Story
Bahamian pro ball players standout in Europe, Middle East
BAHAMIAN basketball players continue to post standout numbers on their respective circuits throughout professional leagues across Europe and the Middle East.
Story
UB knock off the Legends 104-91, Cybots blast Rockets
THE University of the Bahamas and the Mail Boat Cybots both won big as the New Providence Basketball Association continued its regular season at the AF Adderley Gymnasium on Monday night.
Story
Ex-finance minister says income tax 'stable' choice
An ex-minister of state for finance yesterday backed income tax as a more "stable" and equitable alternative to the present regressive structure that is dominated by VAT and import duties.
Story
Men’s national basketball team members open seasons
SEVERAL senior men’s national basketball team members recently opened their respective seasons across various professional leagues in Europe and South America.
Story
Legal threat to $5m benchmark pref equity
Liquidators for an alleged multi-million dollar ‘Ponzi’ fraud are threatening legal action to force a BISX-listed company to unwind, and return, a $5 million investment that accounts for 100 per cent of its preference share capital.
Story
Benchmark denies 'material impact' via client's liquidation
BENCHMARK (Bahamas) yesterday said the Supreme Court-supervised liquidation of one of its key clients would “not have a material impact” on its financial position or “long-term development”, expressing confidence that it would achieve long-term business development goals.
Story
High Flyers soar to championship
The Breezes High Flyers had their best offensive output in the final game of the series to claim the New Providence Basketball Association Division II Championship.
Story
PLP using Trump’s playbook
It is quite depressing to reflect on the journey that the Republican Party has taken since the days of the American Civil War. It was once the party of Abraham Lincoln that ended slavery in the United States. Today it is the party of Donald Trump and uses anger, fear, conspiracy theories and fake news to whip up the emotions of a section of society that is shrinking and getting more desperate by the day.
Story
Home-based education for Family Island pupils
HOME-based programmes are being implemented in Family Islands where children do not have access to early childhood education.
Story
$358m penalty for fraud with Bahamas 'alter ego'
A US judge has imposed a $358 million fine on the perpetrators of an alleged multinational fraud that he found employed a BISX-listed firm’s subsidiary as its “alter ego”.
Story
'Major concern' over BISX listed firm's $5m prefs
The $5 million investment in a BISX-listed firm’s preference shares “is of considerable concern” to the liquidators of its largest client, who have warned that the deal will receive their “continued attention”.