Archive for April 26th, 2011

ChewSLAM Program: Spokenword Poetry Club

The Chewstick Foundation’s ChewSLAM program is a spokenword poetry club that Chewstick says “will take participants on a journey through poetry, creative writing and spokenword performance. It is designed to tap into young people’s creativity and give it a new medium to voice itself and to share it with the world. No experience is necessary... Read more of this article

Butterfield Bank Q1 Net Income: $8.4 Million

The Bank of N.T. Butterfield & Son Limited today [Apr.26] reported first quarter net income of $8.4 million. This compares to a net loss of $176.3 million [net income of $3.8 million on a normalised basis] in the first quarter of 2010. The first quarter of 2010 included an other-than-temporary impairment loss of $60.5 million and realised losses... Read more of this article

Police: Misleading Email/BlackBerry Message

The Bermuda Police Service said they are aware of a misleading email/BB message which is currently circulating purporting to be a Police warning, and have confirmed that the message is not an official bulletin. The message claims the Police are warning people, especially women, not to stop their vehicle if they see something unusual at the side of... Read more of this article

Bus Cancellations: Tuesday, April 26

The daily list of bus cancellations for today [Apr.26] is out, with ten daytime routes cancelled today. The cancellations are being done with an aim for the Department of Public Transportation to conserve funds by reducing overtime payments and stay within their allocated budget for the year, which has been reduced from the previous year. Yesterday... Read more of this article

Video: 1962 ‘Queen Of Bermuda’ Travel Film

For decades the Furness Bermuda luxury liners were synonymous with the island’s tourism industry — the “Millionaires’ Ships”. In 1919 Furness Bermuda Line had been awarded the mail contract for the New York to Bermuda service. This service reached its peak in the years just before the Second World War when Furness Bermuda... Read more of this article

Jeane Nikolai To Speak At Caribbean Conference

Next week, Bermuda’s Director of Energy, Jeane Nikolai will represent Bermuda at the 2011 Caribbean Renewable Energy Finance Conference as the event’s invited keynote speaker. The Conference, which is about financing renewable energy projects in the Caribbean, will take place on May 2nd and 3rd and will focus on practical, innovative ways to finance... Read more of this article

Live Video/Photo Blog: BPSU March On Cabinet

[Updated] Members of the Bermuda Public Services Union [BPSU] have gathered this morning [Apr.26] to voice their concerns, and are marching to the Cabinet grounds on Front Street. A flyer mailed out last week said “should the membership agree to take a 1.25% pay increase or salary freeze, the Government should agree there will be no redundancies at... Read more of this article

Arch Profits Down In First Quarter

Bermuda re/insurer Arch Capital Group Ltd. yesterday [Apr. 25] reported first quarter net income available to common shareholders of $19.3 million or $0.41 per share, compared to $210.5 million or $3.79 per share in the prior year period. After-tax operating income available to common shareholders was $7.9 million or $0.17 per share, compared to $98.7... Read more of this article

Royal Wedding Auction: Dr. Saul Carving

A cedar humpback whale breaching off the shores of Bermuda carved by former Premier Dr. David Saul will be sold at the Royal Wedding High Tea silent auction to raise funds for Project Action. A longtime cedar craftsman, Dr. David Saul has been producing carvings since he retired from politics more than 15 years ago. He has donated some his whale... Read more of this article

Bermuda Industry Founding Father Honoured

One of the founding fathers of the modern Bermuda re/insurance industry has been ranked as the fifth most influential power player of the last 30 years by trade journal “Reactions”. Robert Clements, who founded Ace and XL along with Arch Capital Group, was saluted by the magazine as it continues to celebrate its 30th anniversary by listing... Read more of this article

Holiday Weekend: 313 Police Stop & Searches

Over the holiday weekend, the Police conducted 313 stop and searches, and arrested dozens of people. A Police spokesman said, “The Bermuda Police Service would like to thank the public for their cooperation over the Easter weekend. There were no major incidents reported.” “Officers conducted 313 stop and searches at various locations... Read more of this article