| The Tribune

Inaugural Phoenix Awards to be held

THE inaugural Government High School Alumni Phoenix Awards will be held tomorrow at the University of The Bahamas Performing Arts Centre.

Scotia chief’s ‘Outlook’ on technology solutions

SCOTIABANK (Bahamas) top executive yesterday said he will focus on technology solutions for the country’s financial services access ills at next week’s Business Outlook conference.

‘Sooner the better’ over BPL base rate increase

Bahamas Power & Light’s (BPL) chief executive yesterday warned the utility’s base tariff rate must ultimately increase to offset “diminished returns”, adding: “The sooner, the better.”

Bahamas requires $16bn economy ‘to make sense’

The Bahamas must grow its economy to $16bn, expanding its size by around one-third, if its future is “to make sense” in the absence of government austerity, a governance reformer urged yesterday.

Bell and Farrington win golf title

THE fourth edition of the Cancer Society of the Bahamas charity golf tournament saw the team of Andrew Bell and Marcus Farrington emerge as the champions on Majority Rule Day yesterday at the Baha Mar resort’s Royal Blue Golf Course.

FTX CEO’S ATTACKS ON BAHAMAS ‘MISGUIDED’: Attorney General hails regulator for ‘proper’ measures

FTX’s US chief has admitted his attacks on The Bahamas’ integrity were “misguided” by agreeing to work with the failed crypto exchange’s local liquidators, the Attorney General argued last night.

Man charged in connection with double homicide

A MAN was sent to prison on Friday in connection with the year’s first double homicide. This incident left a couple dead after armed assailants broke into their home while they slept.

FTX’s Bahamian customers financed SBF’s $546m deal

FTX’s Bahamian subsidiary, and its customers/investors, were yesterday said to have unwittingly helped finance a $546m investment by Sam Bankman-Fried that has now been seized by US federal authorities.

‘One step forward, two back’ before port layoff reversal

GRAND Bahama’s Chamber of Commerce president yesterday said it feels like the island constantly takes “one step forward, two steps back” prior to Freeport Container Port reversing the termination of 20 workers.

COVID non-factor: Winter tourism season up 10-15%

Forward bookings for The Bahamas’ peak winter tourism season are 10-15 percent ahead of 2022 numbers, a leading hotelier disclosed yesterday, with the industry “satisfied” there will be no return to past COVID restrictions.

FTX US chief ‘in contempt’ over Bahamian court order

The Securities Commission’s top executive has accused FTX’s US chief of being “in contempt” of the Supreme Court by blocking access to the collapsed crypto exchange’s cloud-stored system and digital assets.

FTX founder pleads not guilty

FORMER FTX CEO Sam Bankman-Fried pleaded not guilty in a Manhattan federal court yesterday to charges of cheating investors and looting customer deposits on his cryptocurrency platform.

FACE TO FACE: Giving voice to the children

THIS is the beginning of one of the most significant years in Bahamian history. This year, 2023, marks the 50th anniversary of Bahamian Independence. Let the celebrations begin!

FTX founder Sam Bankman-Fried pleads not guilty in New York

NEW YORK (AP) — FTX founder Sam Bankman-Fried pleaded not guilty in Manhattan federal court Tuesday to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform.

UPDATED: Couple shot dead in their sleep

Two men are being questioned by police after a man and woman were shot dead in their sleep early on Monday morning.

Contractor: I’m not to blame over Treasure Cay sewerage

A CONTRACTOR for the Water and Sewerage Corporation (WSC) has said he is not the one to blame for problems residents of Treasure Cay are experiencing with their sewerage system.

Treasure Cay sewerage problem ‘not abandoned’ - but contractor gone on holiday for Christmas

SEWERAGE is again backing up again at Treasure Cay, leaving residents exasperated – but the Water and Sewerage Corporation (WSC) says it has not abandoned them. However, WSC says the contractor may be on his Christmas holiday.

Officials looking to tackle Lake View Road sewage issue

THE Water and Sewerage Corporation (WSC) on Friday said officials were actively working to address the overflow of sewerage in the Lake View Road area.

Police out in force for Junkanoo

ASSISTANT Commissioner of Police Craig Stubbs said on Friday that there will be more than 800 law enforcement officers at the upcoming Boxing Day Junkanoo Parade as well as road closures, strict screening and security measures for persons entering the parade route.

Bankman-Fried granted $250m bail by US court

ONE day after being extradited to the United States, Samuel Bankman-Fried, former CEO of the failed cryptocurrency exchange FTX, was released on a $250m bond while he awaits trial on several fraud charges.

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