Lynchburg, Virginia-based Delta Star, founded in 1908, provides engineered-to-order power transformers and mobile substation solutions from three manufacturing campuses in Virginia, California and Quebec, employing more than 1,400 people. The post Blackstone, Centerbridge-backed MacLean Power Systems agrees to acquire Delta Star appeared first on PE Hub .
The claim that U.S. Treasury Secretary Scott Bessent said the Strait of Hormuz will be bypassed within two years and become “worthless” is factually accurate.
The Fed has been a bad forecaster for a while. Warsh is probably right that the “dot plot,” which tracks where Fed officials expect rates to go, is more trouble than it’s worth.
