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FTX founder ‘still learning’ what caused firm’s collapse
DISGRACED FTX founder Sam Bankman- Fried said he is still “learning” and “reviewing” what led to his company’s collapse last month, adding he is not sure he will be ready to testify before Congress at a hearing in the United States next week.
Atlantis beats revenue goals, targets ‘strong’ 2023 first half
Atlantis continues to beat its revenue targets and is predicting a strong 2023 first half, a senior executive has revealed, with the wider resort industry bracing for 90 percent-plus occupancies over the Christmas and New Year period.
Miller receives two international appointments
NEWLY minted National Hall of Famer Wellington Miller continues to be recognised for his leadership role, having been re-appointed to serve on two prestigious international sports boards.
Bimini ‘diamond in rough’ in $10m transformation
A well-known Bimini condo hotel has closed for a $10m overhaul that will near-triple existing marina slips and “polish a diamond in the rough”, its developer revealed yesterday.
‘Can’t rest on our laurels’ with 20% growth forecast
The Bahamas “cannot rest on our laurels” despite a 20 percent growth forecast for its tourism industry that is more than three times’ greater than the world average, the deputy prime minister is warning.
Former AG: Will exists to change sex offences laws
FORMER Attorney General Allyson Maynard Gibson believes that public officials have the political will to actually make changes to sexual offences legislation.
Bell hoping for amicable resolution over salaries
LABOUR and Immigration Minister Keith Bell yesterday said he is not concerned with the “rhetoric” being spread about union negotiations for public servants’ salary increases, adding he hopes for an “amicable” resolution.
Drumeco Archer returned as BAAA president
AFTER an intense campaign, Drumeco Archer was returned on Saturday as president of the Bahamas Association of Athletic Associations for the next four years, a term that will include the hosting of the 50th CARIFTA Games and the return of the World Athletics Relays in 2024.
Baseball and softball champions crowned
WHILE Garvin Tynes outslugged Palmdale for the girls’ softball title, Sadie Curtis blanked TG Glover to emerge as the boys’ baseball champions as the New Providence Primary Schools Sports Association completed its week-long dual competition at the Baillou Hills Sporting Complex.
DORIAN BREAKS ‘CANNOT GO ON’: Aid for hurricane-hit areas costing treasury purse ‘$50m a year’
The Ministry of Finance’s top official last night warned that Dorian-related tax breaks “cannot go on indefinitely” in their present form as they are costing the Public Treasury “probably $40m-$50m per annum or higher”.
Tribune managing editor Eugene Duffy dies age 60
THE managing editor of The Tribune newspaper, Eugene Duffy, has died aged 60 after a period of illness.
Sears apologises for Eleuthera water problems
WORKS and Utilities Minister Alfred Sears yesterday apologised to residents in Eleuthera for the continued disruption of water supply on the island, saying the matter is one of “deep concern” that officials are aggressively addressing.
Junkanoo tickets selling fast
TICKETS for prime Junkanoo seating in Rawson Square are selling fast as anticipation builds for the return of the country’s premier cultural expression.
Free food for needy
Should those who really have a lot go online when there is ‘free food’ being distributed and partake? Surely their conscience pricks them?
12th grader receives $30,000 empowerment scholarship
KIERIA Woodside, the recipient of the $30,000 Golden Gates Female Empowerment Scholarship, thanked her family for the motivation to excel despite the odds.
THE KDK REPORT: Devil in the details
BEFORE the internet became mainstream, my father owned a set of medical encyclopedias.
$4m AML store opening to bring Freeport ‘rebirth’
AML opened the doors to its new $4m Solomon’s food store in the Winn Building yesterday, signalling the long-awaited rebirth of downtown Freeport for many Grand Bahamians.
FTX impact
The full financial, social and political impact of FTX’s collapse is far from being known – in my view. One thing is certain, and that is a multitude of ordinary hardworking folks throughout the world have lost their whole life savings – or a significant portion of it as a result of FTX’s burst bubble.
FNM Chairman urges minister to address water challenges, potholes
FREE National Movement chairman Dr Duane Sands has urged Public Works Minister Alfred Sears, KC, to help the “long suffering” people of San Salvador and Eleuthera with water challenges.
Boy, 9, dies after collision while out riding his bike
THE family of a nine-year-old boy who was killed in a tragic traffic accident on Tuesday are devastated and struggling to come to terms with his untimely death.
