Business destroyed by Dorian is ruined again by Nicole
MEDIOUS Edgecombe, the owner of Coopers Town Marine, is in good spirits despite his business being destroyed by Hurricane Nicole after barely recovering from the aftermath of Hurricane Dorian.
INSIGHT: Fyre, FTX and the harm to our nation
A YOUNG entrepreneur, out of his depth, losing a ton of money and injuring the reputation of The Bahamas along the way. I could be talking about Sam Bankman-Fried, whose company FTX has combusted so spectacularly in the past week or so – and I will – but let’s take a trip to the past first.
EDITORIAL: Fyre Festival fraudster returns to scene of his crime
WHEN Billy McFarland left The Bahamas after the debacle that was the Fyre Festival, the country was collectively glad to see the back of him.
220 Legendary jobs for ‘hazardous’ site
An $80m marina investment for southern New Providence is pledging to transform “a hazardous location” blighted by trash dumps and stolen boats via a project that will create 220 permanent jobs at full build-out.
Bahamas told: Don’t pause digital assets plan on FTX failure
Halting its digital assets growth strategy due to FTX’s collapse would be “the worst thing The Bahamas could do”, an industry entrepreneur says, even though the failed crypto exchange now faces a local criminal investigation.
Collapse ‘bewilders’ FTX Bahamas staff
FTX’s 40 Bahamian staff have been left “bewildered and beleaguered” by the speed of the crypto exchange’s collapse, a senior executive says, amid hopes its $74m real estate outlay will prove a key recovery source for local creditors.
WORLD VIEW: America’s Democracy not trumped in mid-term vote
IN my commentary last week entitled, US Mid-term elections: a defining moment for the World, I pointed out that no less a person than Joseph R Biden Jr, the President of the United States of America, proclaimed that democracy is at stake in his country.
Side-by-side with police on crime beat
POLICE of the southwestern division in New Providence took members of the media on a ride-along to visit various sectors of the community on Friday.
UPDATED: Man released from prison shot dead
A MAN who was recently released from prison was shot dead at the intersection of Eden Street and Foster Road on Saturday.
Fears FTX freeze order was violated
Fears were raised yesterday that the Supreme Court order freezing all assets of FTX’s Bahamian subsidiary was violated when some of the collapsed crypto currency exchange’s clients withdrew their monies late last week.
CRIMINAL PROBE OF FTX LAUNCHED...while FNM wants to know if government was left exposed
POLICE are working with the Securities Commission to investigate if any “criminal misconduct occurred” in view of the collapse of FTX, the Royal Bahamas Police Force announced yesterday.
FNM delegation inspects Abaco after hurricane
A DELEGATION from the Free National Movement travelled to Abaco on Saturday in the aftermath of Hurricane Nicole.
Destruction of an icon
ActivTrades
WHAT exactly happened? How could FTX go bankrupt almost overnight? And what does that mean for the entire market? We are trying to reconstruct the whole drama.
SAC Big Red Machine dominate cross country
WITH the return of the Bahamas Association of Independent Secondary Schools’ cross country championships on Saturday at St Augustine’s College, the Big Red Machine rode around their campus with another dominating performance.
Thomas, Surprise Saguaros win AFL title
TAHNAJ Thomas’ Arizona Fall League season concluded with a championship title after his Surprise Saguaros rallied to win the longest postseason game in AFL history.
Woodside-Johnson inducted into Murray State’s Hall of Fame
DIANNE Woodside-Johnson returned to her alma mater at Murray State University where she was one of eight athletes inducted into the 2022 Hall of Fame Class over the weekend in Murray, Kentucky.
CARIFTA: Team Bahamas bringing home four medals
THE Bahamas national team is expected to return home from the CARIFTA Triathlon & Aquathlon Championships with a total of four medals, inclusive of a pair of silver and bronze each and a fifth place overall.
‘Buddy’ Hield and Pacers off to surprising start
CHAVANO “Buddy” Hield’s sixth 20-point game of the year led the Indiana Pacers to a win on the road for what most NBA pundits have deemed a surprising start to the 2022-23 season.
$1.3m of drugs seized
POLICE confiscated over 150 pounds of drugs with an estimated street value of $1.3m in two separate incidents.
14 colleges at scholarship event
A PUBLIC school scholars college night is to be held tonight to connect public senior high school parents and students with the Ministry of Education’s Public School Scholarship Programme partners.
