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Footcare provider targets new investor capital raise

A BAHAMIAN footcare provider plans to tap its investors for further equity this summer as it pushes forward with further expansion following an initial roll-out that “surpassed expectations”.

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Supreme Court takes over PharmaChem’s liquidation

The liquidation of PharmaChem Technologies has been placed under the Supreme Court’s supervision due to the company’s massive insolvency, Tribune Business can reveal.

Nassau Gas chief pledges to fully refund all investors

A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."

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ArawakX full wind-up sealed without a fight

THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.

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Former Assistant Commissioner of Police Paul Thompson dies age 96

Former Royal Bahamas Police Force Assistant Commissioner Paul Thompson has died, aged 96.

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Albany chief in 'devastating and self-inflicted humiliation'

Albany's principal investor has admitted that pleading guilty to securities fraud is "a devastating and self-inflicted humiliation I will have to live with for the rest of my days".

Financial group chair to gain trailblazer award

A BAHAMIAN financial institution’s chairman is set to receive the Trailblazer Award at today’s Society of Trust and Estate Practitioners (STEP) Bahamas conference.

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Four-year-old boy found dead after left ‘unattended’ in bath

A four-year-old toddler was left unattended in a bathtub and later found dead by his guardians at an apartment complex on McKinney Avenue on Tuesday.

EDITORIAL: Remembering a hero and guardian angel

PAUL Thompson was a guardian angel.

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Crackdown on illegal shanty electric supply

THE government is going after generator owners who illegally provide electricity to residents in shanty town communities for a charge, according to Works Minister Clay Sweeting.

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McPhee-McCuin proud to be named ESPN’s Coach of the Week

GRAND Bahama native Yolett “Coach Yo” McPhee-McCuin has undoubtedly moved the needle for the University of Mississippi (Ole Miss) Rebels women’s basketball programme.

Paul Thompson will be remembered for his contribution to cricket

BAHAMAS Cricket Association president Gregory Taylor Sr said they will always remember the late Paul Thompson for his contribution to the sport over the years.

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AG plays down prospect of referendum on juries

ATTORNEY General Ryan Pinder downplayed the possibility of eliminating jury trials after prominent former and current judges emphasised the benefits of such a move.

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Demolition continuing at Abaco ‘Gaza’ Shanty town

MORE than 60 structures have been demolished at the Gaza shanty town in Abaco so far - with more expected to be destroyed, according to the Ministry of Works.

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Carifta games Kenny Moxey Jr opts for just the octathlon, leaves out pole vault

KENNY Moxey, Jr, is one of the few athletes who qualified for more than one event at the 51st CARIFTA Games that will be held in Georgetown, Grenada, over the Easter holiday weekend.

Biden has been bad for Bahamas

A COLLEAGUE of mine told me that his aunt, who has been residing in New York since the early 1980s, complained bitterly to him about the soaring costs of food in her area.

A solution for the Haiti dilemma

Little Inagua is a small remote island in the Bahamas and it is the largest uninhabited island in the Caribbean. It is 50 square miles (as big as New Providence) and only 100 miles from Haiti. 370 miles from Nassau, 553 miles from Miami and 16 miles from Greater Inagua.

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FTX founder Sam Bankman-Fried's lawyer asks judge to reject 100-year recommended sentence

NEW YORK (AP) — Sam Bankman-Fried's lawyer said Tuesday that a suggested 100-year prison sentence for the FTX founder by an arm of the court is "grotesque" and "barbaric" and at most a term of a few years behind bars is appropriate for cryptocurrency crimes that the California man still disputes.

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Cable urges industry unity on URCA ‘budget travesty’

CABLE Bahamas is urging its rivals to join the battle against “this travesty in budget increases” for the sector’s regulator whose downtown Nassau headquarters it branded an “albatross”.

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PI resort proposal expands units 46%

The former Paradise Harbour Club’s proposed redevelopment is being expanded to a seven-storey hotel featuring a 46 percent increase in units compared to earlier plans.

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