For wealthy Americans, business is taking off — literally. That’s thanks to a revived tax break from the first Trump administration, called bonus depreciation. Must Read Bonus depreciation lets businesses write off 100% of big-ticket business purchases like new tech, equipment, or upgrades in the year they are purchased. By front-loading those tax breaks, the policy gives companies a reason to spend now — nominally fueling investment, productivity, higher pay, and new jobs down the line, according to th ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. In a world where layoffs and inflation dominate headlines, millionaire entrepreneur Jesse Itzler believes there's one investment young people can't afford to miss. He wrote on LinkedIn earlier this month that young people should focus on gaining experience alongside career growth. Long before he sold his private jet company to Warren Buffett's Berkshire Hathaway Inc. (NYSE:BRK, BRK.B)), Itzler was cleaning ...

One of the biggest names in luxury is about to take off with a big investment in private jets. Our Robert Frank is watching that this morning. Morning, Robert. Morning, Carl.Good to see you. Well, LVMH expanding its reach into the private jet market with Flexjet. LC Katerton, that's the private equity firm backed by LVMH and Bernard Arno is leading an investment of $800 million to buy 20% of Flexjet.That would be the largest ever equity investment in a private jet company. Now, Flex Check will use the proce ...

LVMH is expanding its reach into the private jet market with Flexjet. El Caterton, that's the private equity firm that is backed by LVMH, is leading an investment of $800 million to buy 20% of Flexjet. Flexjet, of course, based in Cleveland, will use the proceeds to buy more large jets and add infrastructure, especially in Europe, where they're seeing a lot of growth right now.LVMH's 75 brands will also help FlexJet's goal of being a true luxury experience and a community of members. Flexet chairman Ken Ric ...

One of the biggest names in luxury about to take off with a big investment in private jets. Robert Frank, the one and only who would know all about this, joins us now with more. Good morning. Good morning, Andrew.Great to see you. Well, LVMH is expanding its reach into the private jet market with Flexjet. El Caterton, that's the private equity firm that is backed by LVMH, is leading an investment of $800 million to buy 20% of Flexjet.Flexjet, of course, based in Cleveland, will use the proceeds to buy more ...