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U.S. attorney who failed to charge Trump adversary resigns under pressure from administration

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A federal prosecutor in Virginia whose monthslong mortgage fraud investigation into New York Attorney General Letitia James has not resulted in criminal charges resigned Friday under pressure from the Trump administration.

Erik Siebert confirmed his departure in an email to colleagues, reviewed by The Associated Press, in which he praised them as the “finest and most exceptional” of Justice Department employees but made no mention of the political turmoil that preceded his resignation.

The replacement of Siebert as U.S. attorney for the prestigious Eastern District of Virginia office comes amid a push by Trump administration officials to indict James, a perceived adversary of the president who has successfully sued him for fraud. President Donald Trump told reporters in the Oval Office on Friday that he wanted Siebert “out” and multiple people familiar with the matter later told the AP that Siebert had informed his colleagues of his plan to resign from the position.

The administration’s effort to oust him from the job represents a further erosion of norms meant to insulate the Justice Department from White House influence on prosecutorial decisions. The move is likely to deepen concerns that the department — already investigating other public figures Trump regards as foes — is being weaponized by a White House seeking to have its prosecutorial powers used for purposes of retribution.

It was not immediately clear Friday afternoon who would replace Siebert, who was nominated by Trump to the top job in the office this year after having worked there for more than a decade. Siebert’s top deputy, Maya Song, is also leaving her position as first assistant U.S. attorney and will work as a line prosecutor, one of the people familiar with the matter said.

Justice Department spokespeople declined to comment.

Trump administration officials have been aggressively pursuing allegations against James arising from alleged paperwork discrepancies on her Brooklyn townhouse and a Virginia home. The Justice Department has spent months conducting the investigation but has yet to bring charges, and there’s been no indication that prosecutors have managed to uncover any degree of incriminating evidence that could support bringing an indictment.

Asked about the issue at the White House Friday, Trump, without citing any evidence, said, “It looks to me like she’s really guilty of something, but I really don’t know.” Trump also said he was bothered that Siebert had been supported by the state’s two Democratic senators.

James’ lawyers have vigorously denied any allegations and characterized the investigation as an act of political revenge.

ABC News was first to report that Trump administration officials were pressuring prosecutors to bring charges and that the Republican administration was preparing to oust Siebert.

James has long been a particular source of outrage for Trump, in part because of a lawsuit she filed against him and his company that resulted in a massive financial penalty last year. That penalty was thrown out last month by an appeals court that narrowly upheld a judge’s finding that Trump had engaged in fraud by exaggerating his wealth for decades.

The case has taken a series of unorthodox turns. It emerged last month that Ed Martin, who leads the Justice Department’s Weaponization Working Group and is helping coordinate the investigation, had sent a letter urging James to resign from office “as an act of good faith” after starting his mortgage fraud investigation of her. He later turned up outside James’ Brooklyn townhouse in a “Columbo”-esque trench coat. A New York Post writer at the scene observed him tell a neighbor: “I’m just looking at houses, interesting houses. It’s an important house.”

James’ lawyer, Abbe Lowell, told Martin in a letter that the request for James’ resignation defied Justice Department standards and codes of professional responsibility and legal ethics.

The Justice Department “has firm policies against using investigations and against using prosecutorial power for achieving political ends,” Lowell wrote. “This is ever more the case when that demand is made to seek political revenge against a public official in the opposite party.”

A former District of Columbia police officer, Siebert joined the Eastern District of Virginia, an elite Justice Department prosecution office with a history of sophisticated national security and criminal cases, in 2010. He was nominated to the role of U.S. attorney by Trump this year with the backing of the state’s two Democratic senators, Mark Warner and Tim Kaine.

The office has separately been involved in investigating matters related to the years-old investigation into potential ties between Russia and Trump’s 2016 presidential campaign, a longstanding grievance of the president. No charges have been announced as part of that work.

Although U.S. attorneys are presidential appointees, they are rarely fired. But the Trump administration has repeatedly disregarded norms and traditions meant to protect Justice Department prosecutors from White House political influence.

Prosecutors and other support personnel who worked on the special counsel team of Jack Smith that investigated and prosecuted Trump have been fired, as was Maurene Comey, a federal prosecutor in New York whose father, former FBI Director James Comey, was terminated by Trump months into his first term amid the Russia election interference investigation.

Martin’s investigation stems from a letter Federal Housing Finance Agency Director William Pulte sent to Attorney General Pam Bondi in April asking her to investigate and consider prosecuting James, alleging she had “falsified bank documents and property records.”

Pulte, whose agency regulates mortgage financiers Fannie Mae and Freddie Mac, cited “media reports” claiming James had falsely listed a Virginia home as her principal residence, and he suggested she may have been trying to avoid higher interest rates that often apply to second homes.

Records show James was listed as a co-borrower on a house her niece was buying in 2023. Lowell said records and correspondence easily disproved Pulte’s allegation. While James signed a power-of-attorney form that, Lowell said, “mistakenly stated the property to be Ms. James’ principal residence,” she sent an email to her mortgage loan broker around the same time that made clear the property “WILL NOT be my primary residence.”

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Co-working provider JustCo CEO sees commonalities with hotels: ‘It’s a hospitality business’

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Kong Wan Sing, the founder and CEO of JustCo, one of Asia’s largest co-working space providers, doesn’t quite think of himself as leading an office company. Instead, he sees parallels with a different property business: Hotels.

“It’s a hospitality business. People come to us not just for the network, but also for the hospitality,” he told Fortune. “You need to serve them. You have to take care of their needs, like serving the customers who are coming to look for them in the office.”

Kong and JustCo are expanding their presence in Asia even as employers and employees continue to fight a battle about flexible work and returning to the office. Globally, corporate giants ranging from Amazon to JPMorgan have called workers back to the office full-time. But employees tout the benefits of working from home and hybrid work, forcing employers and office designers to get creative in how they bring people back. 

The company is also expanding into new markets regionally, including Malaysia and India. In the longer run, they’re also looking to move into countries in North Asia and the Middle East.

“After entering all these markets, we will be truly covering all the key cities in Asia-Pacific,” says Kong. He’s even considering returning to mainland China, after JustCo exited the market in 2022 due to tight social distancing regulations during the COVID pandemic.

JustCo just entered the Vietnam market with a new office along Ho Chi Minh City’s waterfront. The Vietnamese city is the tenth urban market in Asia for JustCo. It’s also a return of sorts for Kong, who was first exposed to the idea of a flexi-office in Ho Chi Minh City several decades ago. 

JustCo’s story

Kong Wan Sing founded JustCo in Singapore in 2011. Following a regional expansion drive in 2015, it now operates 48 offices across Asia-Pacific, including in major cities like Seoul, Bangkok, Taipei, Melbourne, and Sydney. Kong himself hails from a family of entrepreneurs; his parents operate garment factories in nearby Malaysia. “There’s genes inside me to build a business,” he says. 

In the early 2000s, Kong was an employee of Singaporean real estate investment company Mapletree, working out of a flexi-office in Vietnam’s Ho Chi Minh City. (A flexi-office is a modern workspace where employees don’t have assigned desks, but instead choose from various work zones including hot desks, quiet pods, and collaborative areas.)

The experience opened his eyes to the value of flexible workspaces, and he saw a business opportunity in Asia, where such spaces were still few and far between. 

Kong notes that, just three years ago, just under 4% of all offices in Asia-Pacific were flexi-offices. It’s since risen to over 5%, but that’s still half the level seen in more developed markets in Europe and the U.S. Yet JustCo’s CEO says he’s seeing a “surge” in Asia: “The growth is definitely much faster than European or American countries.”

JustCo also leases small offices for businesses to rent. Sixty percent of JustCo’s clients are multinational corporations looking for space for a regional office, Kong said. Companies like Chinese tech giant Tencent and U.S. vaccine maker Moderna use JustCo for their local offices. 

New brands

JustCo has since broadened its offerings to potential renters, launching two new brands: “THE COLLECTIVE” and “the boring office.”

The former is a luxury co-working space, equipped with premium white-glove services like daily breakfasts and aperitif hours, and twice-a-day office cleaning. The first such space was launched in Tokyo in March.

“Japan is a very mature market, and people in Japan—they appreciate luxury stuff,” said Kong, when asked why the country was chosen to debut its premium brand. Kong and his team has since launched THE COLLECTIVE in Bangkok and Taipei; the company will bring the concept to Singapore and India in 2026.

“The boring office” sits on the other end of the spectrum, catering to firms that want a stripped-down solution. “When you go to the boring office, there’s no cleaning [of rooms] every day, only once a week,” Kong says. “And the pantry is a very basic pantry that provides only water—there’s no coffee, nothing.” The first space under that brand was launched in Singapore in July.

These three brands cater to companies’ differing needs, and are priced along a sliding scale. 

The firm’s luxury offices are 20 to 30% more costly than the classic JustCo workspace, while the boring office’s spaces are cheaper by roughly the same amount, Kong explains.



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Creative workers won’t be replaced by AI, they will become ‘directors’ managing AI agents

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AI won’t automate creative jobs—but the way workers do them is about to change fundamentally. That’s according to executives from some of the world’s largest enterprise companies who spoke at the Fortune Brainstorm AI conference in San Francisco earlier this week.

“Most of us are producers today,” Nancy Xu, vice president of AI and Agentforce at Salesforce, told the audience. “Most of what we do is we take some objective and we say, ‘Okay, my goal is now to spend the next eight hours today to figure out how to chase after this customer, or increase my CSAT score, or to close this amount of revenue.”

With AI agents handling more tasks, Xu said that workers will shift “from producers to more directors.” Instead of asking, “How do I accomplish the goal?” they’ll instead focus on, “What are the goals that I want to accomplish, and then how do I delegate those goals to AI?” she said.

Creative and sales professionals are increasingly anxious about AI automation as tools like chatbots and AI image generators have proved to be good at doing many creative tasks in sectors like marketing, customer service, and graphic design. Companies are already deploying AI agents to take on tasks like handling customer questions, generating marketing content, and assisting with sales outreach. 

Pointing to a recent project with electric-vehicle maker Rivian, Elisabeth Zornes, chief customer officer at Autodesk, said that the company’s AI-powered tools enabled Rivian to test designs through digital wind tunnels rather than clay models. “It shaved off about two years of their development cycle,” Zornes said.

As AI takes on some of these lower-level tasks, Zornes said, workers can focus on more creative projects.

“With AI, the floor has been raised, but so has the ceiling,” she added. “We have an opportunity to create more, to be more imaginative.”

The uneven impact of AI

The shift to AI-augmented work may not benefit all workers equally, however.

Salesforce’s Xu said AI’s impact won’t be evenly distributed between high and low performers. “The near-term impact of AI will largely be that we’re going to take the bottom 50 percentile performers inside a role and bring them into the top 50 percentile,” she said. “If you’re in the top 10 percentile, the superstar salespeople, creatives, the impact of AI is actually much less.”

While leaders were keen to emphasize that AI will augment, rather than replace, creative workers, the shift could reshape some traditional career ladders and impact workforce development. If AI agents handle entry-level execution work, companies may need to hire fewer people, and some learning opportunities may disappear for younger workers. 

Ami Palan, senior managing director at Accenture Song, said that to successfully implement AI agents, companies may need to change the way they think about their corporate structure and workforce.

“We can build the most robust technology solution and consider it the Ferrari,” she said. “But if the culture and the organization of people are not enabled in terms of how to use that, that Ferrari is essentially stuck in traffic.”

Read more from Brainstorm AI:

Cursor developed an internal AI help desk that handles 80% of its employees’ support tickets, says the $29 billion startup’s CEO

OpenAI COO Brad Lightcap says ‘code red’ will force the company to focus, as the ChatGPT maker ramps up enterprise push

Amazon robotaxi service Zoox to start charging for rides in 2026, with ‘laser focus’ on transporting people, not deliveries, says cofounder



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Trump says ‘starting’ land strikes over drugs in latest warning

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President Donald Trump said the US would be “starting” land strikes on drug operations in Latin America, though again declined to provide details on when and where the escalation of his military campaign would actually begin, or if countries could still do anything to avert the threatened action.

“We knocked out 96% of the drugs coming in by water, and now we’re starting by land, and by land is a lot easier, and that’s going to start happening,” Trump told reporters Friday in the Oval Office.

The US president for days has been pledging to broaden the effort, which comes after the Pentagon has launched a series of attacks on what it has called drug-smuggling boats in international waters off the coast of South America.

While Trump’s posturing has largely been seen as a pressure campaign against Venezuelan President Nicolás Maduro, he on Friday insisted the land targeting may not only impact Venezuela.

Read more: Trump Says US Eyes Land Strikes Next After Drug Boat Attacks

“It doesn’t necessarily have to be in Venezuela,” he said, adding that “people that are bringing in drugs to our country are targets.” 

Trump has justified the actions in part by framing the fight against drug smuggling as akin to combat operations. He told reporters that if overdose deaths were counted like combat deaths, it would be “like a war that would be unparalleled.”

Striking targets on land would represent a major escalation, and Maduro earlier this week said that if his nation came under foreign attack, the working class should mount a “general insurrectionary strike” and push for “an even more radical revolution.”

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