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Ayton and Suns squander 24-point lead in loss to Nets

DEANDRE Ayton and the Phoenix Suns nearly had a perfect ending to their six-game homestand, but squandered a 24-point second half lead in a loss to the New Jersey Nets on Tuesday night.

Pacers beat Nets 106-99

INDIANAPOLIS (AP) -- Paul George scored a career-high 24 points to lead the Indiana Pacers in a 106-99 win over the New Jersey Nets on Tuesday night. Danny Granger had 21 points and seven rebounds and Roy Hibbert had 18 points and 14 rebounds for the Pacer

Furious flurry by James gives Heat victory over Nets

NEWARK, N.J. (AP) -- LeBron James scored Miami's final 17 points in a furious one-man rally, finishing with 37 as the Heat pulled out a 101-98 victory over the New Jersey Nets on Monday night. In a game the Heat never led until the final 51 seconds, James

Cocaine seized near Long Island

A JOINT operation with local police, OPBAT, the US Drug Enforcement Administration and US Coast Guard netted a large quantity of cocaine in the Long Island area yesterday.

BANK AND ROTARY PARTNERS FOR CHARITY GOLF TOURNEY

SCOTIABANK is partnering with the Rotary Club of East Nassau and Scout Association of The Bahamas on their 32nd annual charity golf tournament set for next month.The bank is a gold sponsor of the annual event with 100 per cent of the net proceeds rai

COB worker’s pay changed, jury told

SUPREME Court jurors heard yesterday how former College of the Bahamas employee Chimeka Gibbs’ salary deductions and consequent net pay fluctuated both monthly and yearly, from 2008 to 2015.

Bahamas First suffers $6.5m bottom line hit

BAHAMAS First Holdings' (BFH) chief executive yesterday expressed concern about the "unprecedented" level of fire claims the general insurance group incurred in 2011, telling Tribune Business that together with Hurricane Irene-related losses these produced a collective $6.5 million bottom line hit.

Commonwealth in 35% profit rise

Commonwealth Bank yesterday unveiled a 35 per cent year-over-year comprehensive net income increase to $39.3 million for the first nine months of 2013, largely due to reductions in non-performing and charged-off loans.

GB Power’s $32m issue ‘likely oversubscribed’

Grand Bahama Power Company’s (GBPC) $32 million private preference share issue was last night said by capital markets sources to be “pretty much fully subscribed”, with analysts expecting it to exceed its target.

GB Power offering 35% oversubscribed

Grand Bahama Power Company (GBPC) yesterday announced that its $32 million preference share issue had closed a week earlier than planned, after it was oversubscribed by more than 35 per cent.

Bahamas Waste beats Q1 profit goals by 24%

Bahamas Waste has returned to historical first quarter profit levels after its net income more-than-tripled year-over-year, a result that exceeded its own expectations by 24 per cent.

CIBC lay-offs 30% below projections

CIBC FirstCaribbean International Bank (Bahamas) managed to cut projected lay-offs by 30 per cent through switching employees to other posts, as one-off charges forced into a record $147.8 million net loss for its 2014 financial year.

GB Power targets 42% profits rise for 2013

Grand Bahama Power Company (GBPC) is projecting that its net income will “improve significantly” by 42.1 per cent this year, rising to $12.331 million on the back of cost efficiencies and its ‘return-based’ tariff structure.

BTC left 'flat' by price/cost cutting

The Bahamas Telecommunications Company’s (BTC) controlling shareholder yesterday blamed its “flat” first-half financial performance on preparations for cellular competition, with net income matching last year’s $37 million.

UPDATED: Christie loses Centreville seat by four votes

DESPITE eight consecutive terms as Centreville’s member of Parliament, former Prime Minister Perry Christie’s loss of the seat became official on Friday after an all-night recount revealed that he lost to Free National Movement (FNM) newcomer Reece Chipman.

Brewery chief: Pre-COVID revenues not back till 2023

Commonwealth Brewery’s managing director has warned shareholders not to expect the group’s revenues to fully recover from COVID-19 “before 2023” following a $38.2m drop-off last year.

$10m to be borrowed to fix flaws in social services

By LAMECH JOHNSON Tribune Staff Reporter ljohnson@tribunemedia.net THE government is set to borrow $10 million from the Inter-American Development Bank to correct serious flaws in the Ministry of Social Services and its various assistance programmes for

$10m to be borrowed to fix flaws in social services

By LAMECH JOHNSON Tribune Staff Reporter ljohnson@tribunemedia.net THE government is set to borrow $10 million from the Inter-American Development Bank to correct serious flaws in the Ministry of Social Services and its various assistance programmes for

$10m to be borrowed to fix flaws in social services

By LAMECH JOHNSON Tribune Staff Reporter ljohnson@tribunemedia.net THE government is set to borrow $10 million from the Inter-American Development Bank to correct serious flaws in the Ministry of Social Services and its various assistance programmes for

$10m to be borrowed to fix flaws in social services

By LAMECH JOHNSON Tribune Staff Reporter ljohnson@tribunemedia.net THE government is set to borrow $10 million from the Inter-American Development Bank to correct serious flaws in the Ministry of Social Services and its various assistance programmes for

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