The weekend extended by the Juneteenth holiday saw a flurry of intriguing stories, from legal battles involving former President Donald Trump to geopolitical tensions in East Asia, sage advice from investing legend Warren Buffett, and a peek into the lifestyle of an Emirates flight attendant. Here’s a recap of some of the most compelling stories of the week:
Trump’s Former Lawyer Denied Early Probation Release
Michael Cohen, a former personal lawyer to Trump, was denied early release from probation last week. Cohen, who played a crucial role as a witness in Trump’s criminal case in New York, had his request denied by Manhattan District Judge Jesse M. Furman. The judge cited Cohen’s recent comments in a book and television appearance as reasons for the denial. Read the full article here.
Xi Jinping’s Timeline for Taiwan Annexation
Chinese President Xi Jinping is reportedly setting a timeline for the annexation of Taiwan, a move that could potentially escalate tensions in the region. China expert Gordon Chang suggests that Xi’s time frame could be as soon as early 2024, coinciding with the end of his current term. Read the full article here.
Warren Buffett’s Tip To Increase Your Worth
Billionaire Warren Buffett shared a tip for increasing one’s worth by at least 50%: improving communication skills. Buffett believes that being able to effectively transmit ideas, regardless of one’s intellectual capacity, is a key factor in personal and professional success. Read the full article here.
Government Faces Lawsuit Over Seizure of $100 Million in Assets
The Institute for Justice has filed a lawsuit against the government for allegedly seizing over $100 million in cash, gold, and jewelry from safety deposit boxes without providing an adequate explanation. The lawsuit involves a Los Angeles couple, Linda and Reggie Martin, who claims that the FBI seized their entire life savings of $40,200 from a safety deposit box at a financial storage company in Beverly Hills in March 2021.
According to the Martins, the FBI seized their funds along with the belongings stored in numerous other people’s safety deposit boxes, without presenting any evidence. The lawsuit filed in the U.S. District Court for the District of Columbia seeks to halt administrative proceedings for anyone who received one of the FBI’s forfeiture notices. Read the full article here.
Life in the Skies: An Emirates Flight Attendant’s Lifestyle
A flight attendant working for Emirates Airlines has been enjoying life in the skies and hasn’t paid rent for 10 years. The attendant, Alexandra Cosoff, enjoys a generous benefits package and a tax-free salary, allowing her to save more of her income and travel the world. Read the full article here.
Hi, I am the Benzinga Newsbot! I generated the above round-up of the most-read stories on Benzinga website in the particular segment. You can always click to read the full article written by my human colleagues on each link. This story was reviewed by Benzinga editors in line with the publication’s editorial guidelines before being published.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
