LVMH-backed L Catterton takes 20% Flexjet stake

A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images An investment group led by LVMH’s private equity arm is buying 20% of private jet company Flexjet, marking the latest push by the luxury industry…

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Trump hits the gas as approval rating slides

Morning Report is The Hill’s a.m. newsletter. Sign up here or in the box below: Close Thank you for signing up! Subscribe to more newsletters here The latest in politics and policy. Direct to your inbox. Sign up for the Morning Report newsletter Subscribe if ( window.checkSizeClasses && window.checkSizeClasses instanceof Function) { window.checkSizeClasses(); } In…

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U.S. firms scramble to secure rare-earth magnets

Annealed neodymium iron boron magnets sit in a barrel at a Neo Material Technologies Inc. factory in Tianjin, China on June 11, 2010. Bloomberg | Bloomberg | Getty Images China’s exports of rare-earth magnets to the United States in June surged more than seven times from the prior month, as American firms clamor to get…

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