Nile Capital Group Holdings acquires minority stake in ABS Global Investments to reshape investment landscape

Nile Capital Group Holdings acquires minority stake in ABS Global Investments to reshape investment landscape

In a significant development within the investment sector, ABS Global Investments (“ABS”), a distinguished global investment firm, has secured Nile Capital Group Holdings (“Nile”) as its new strategic investor. The move follows ABS’s acquisition of the remaining 23% minority interest previously held by Evercore Inc. (“Evercore”). This new partnership marks a pivotal moment for ABS, […]

Los Angeles deploys CGI’s latest technology to transform financial systems

Los Angeles deploys CGI’s latest technology to transform financial systems

CGI (NYSE: GIB) (TSX: GIB.A), a global leader in IT and business consulting, has successfully upgraded the City of Los Angeles’ ERP systems to the cloud-based CGI Advantage, enhancing financial, procurement, and reporting operations across the public sector. The City of Los Angeles recently achieved a significant milestone in its technological transformation with the upgrade […]

Catastrophe strikes California: Deadly storm unleashes chaos with fatalities and statewide emergency

Catastrophe strikes California: Deadly storm unleashes chaos with fatalities and statewide emergency

In an unprecedented weather calamity, at least two individuals have succumbed to the relentless rage of a powerful storm, bolstered by an atmospheric river, wreaking havoc across the US state of California. The tempest, which descended upon the region on Monday, has thrust millions into a dire state of emergency, with extensive flood alerts signaling […]

Tragic murder-suicide in Granada Hills, Los Angeles leaves community in shock

Tragic murder-suicide in Granada Hills, Los Angeles leaves community in shock

The tranquil Granada Hills neighborhood in Los Angeles was rocked by a harrowing murder-suicide on Saturday, leaving four people dead and the community in mourning. The Los Angeles Police Department (LAPD) responded to a distressing call in the 11600 block of Lerdo Avenue around 7 p.m., only to discover a scene of unimaginable tragedy. LAPD’s […]

Massive waves and flooding in California: Coastal communities in peril, emergency evacuations issued

Massive waves and flooding in California: Coastal communities in peril, emergency evacuations issued

In a harrowing turn of events, California’s coastal communities are facing an extraordinary onslaught of towering waves and the looming threat of significant flooding. Officials have issued evacuation orders in vulnerable areas and warned residents to steer clear of beaches and coastal roadways. The National Weather Service’s Dire Warning The National Weather Service in Los […]

Santa Paula Energy Storage Project : esVolta secures tax equity investment from U.S. Bancorp

Santa Paula Energy Storage Project : esVolta secures tax equity investment from U.S. Bancorp

esVolta, LP, a prominent developer in North America’s utility-scale battery storage sector, has closed a significant tax equity investment with U.S. Bancorp Impact Finance for its Santa Paula Energy Storage project. This financing will support the completion of a 30 MW / 60 MWh battery project near Los Angeles, set to enhance California’s electric grid. […]

Calamity strikes: Tropical storm Hilary hits Mexico, Californians battle floods and quakes

Calamity strikes: Tropical storm Hilary hits Mexico, Californians battle floods and quakes

In a shocking twist of events, Tropical Storm Hilary rampaged through Mexico’s northwestern Pacific Coast this Sunday with a fearsome force of 100 kilometres per hour winds, causing mayhem as far as California. To make matters worse for the usually parched southwestern United States, Hilary unloaded torrential rains, transforming streets into rivers and cities into […]

Doomed flight ends in flames: Six unlucky souls perish in California sky tragedy

Doomed flight ends in flames: Six unlucky souls perish in California sky tragedy

In a heartbreaking incident early Saturday morning, a Cessna C550 corporate jet crashed and caught fire near Riverside County’s French Valley Airport in California, about 85 miles south of Los Angeles. This devastating event claimed the lives of all six passengers on board, as confirmed by local and federal authorities. As per the Federal Aviation […]